Head-to-head comparison across ratings, fees, asset coverage, and platform breadth.
4.7 / 5
Best overall broker for long-term investors, retirement, mutual funds, and cash management. Industry-leading sweep yield, zero-expense-ratio funds, and no PFOF on equities.
4.0 / 5
One of the most powerful low-cost platforms for active equity and options traders in the US. Free NASDAQ TotalView Level 2, $0 equity options, flat 6.8% margin, and Hong Kong/China A-share access. Structurally incomplete: no IRAs, no joint accounts, no mutual funds, no bonds.
Each broker scored 0–5 across the same 8 dimensions.
Green cells mark the winner on each metric. Tie rows are uncoloured.
| Metric | Fidelity | Moomoo | Winner |
|---|---|---|---|
| OverallEditorial score | 4.70 / 5 | 4.00 / 5 | Fidelity |
| Sub-ratingsCommissions & fees | 4.60 | 4.70 | Moomoo |
| Sub-ratingsPlatforms & tools | 4.40 | 4.50 | Moomoo |
| Sub-ratingsMobile app | 5.00 | 4.50 | Fidelity |
| Sub-ratingsResearch | 5.00 | 4.00 | Fidelity |
| Sub-ratingsEducation | 5.00 | 4.00 | Fidelity |
| Sub-ratingsCustomer service | 4.90 | 3.50 | Fidelity |
| Sub-ratingsRange of investments | 4.20 | 3.50 | Fidelity |
| Sub-ratingsActive trading | 4.30 | 4.50 | Moomoo |
| PricingLowest margin rate | 7.50% | 6.80% | Moomoo |
| PricingDefault cash sweep yield | 3.26% | — | Fidelity |
| PricingPFOF on equities | Does not accept | Does not accept | Tie |
| Asset class | Fidelity | Moomoo |
|---|---|---|
| US stocks (NYSE/Nasdaq/AMEX) | Yes | |
| OTC / penny stocks | Limited | |
| Fractional shares | Yes | No |
| Options (up to Level 4) | Yes | |
| Mutual funds | Yes | No |
| US Treasuries | Yes | |
| Corporate / muni bonds, CDs | Yes | |
| IPOs | Limited | |
| International direct | Yes | |
| Futures / futures options | No | |
| Crypto (direct) | Limited | Yes |
| Spot crypto ETPs | Yes | |
| 24-hour overnight equity trading | No | Yes |
| Precious metals (physical) | Yes | |
| US stocks (NYSE/Nasdaq) | Yes | |
| OTC stocks | Limited | |
| Equity options (up to 4-leg) | Yes | |
| Index options (SPX, NDX, including 0DTE) | Yes | |
| US Treasuries / individual bonds | No | |
| Futures | No | |
| Hong Kong stocks (HKEX) | Yes | |
| China A-shares | Yes | |
| ADRs | Yes | |
| IRAs (Traditional, Roth, Rollover, SEP, SIMPLE) | No | |
| Joint / custodial / trust accounts | No |