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.
4.3 / 5
Best mobile-first broker for beginners, casual options traders, IRA contributors who want a 3% match, and 24-hour stock access. Significant gaps in OTC, mutual funds, and 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 | Robinhood | Winner |
|---|---|---|---|
| OverallEditorial score | 4.70 / 5 | 4.30 / 5 | Fidelity |
| Sub-ratingsCommissions & fees | 4.60 | 5.00 | Robinhood |
| Sub-ratingsPlatforms & tools | 4.40 | 4.00 | Fidelity |
| Sub-ratingsMobile app | 5.00 | 5.00 | Tie |
| Sub-ratingsResearch | 5.00 | 3.50 | Fidelity |
| Sub-ratingsEducation | 5.00 | 3.50 | Fidelity |
| Sub-ratingsCustomer service | 4.90 | 3.80 | Fidelity |
| Sub-ratingsRange of investments | 4.20 | 3.50 | Fidelity |
| Sub-ratingsActive trading | 4.30 | 4.00 | Fidelity |
| PricingLowest margin rate | 7.50% | 5.00% | Robinhood |
| PricingDefault cash sweep yield | 3.26% | 3.35% | Robinhood |
| PricingPFOF on equities | Does not accept | Accepts | Fidelity |
| Asset class | Fidelity | Robinhood |
|---|---|---|
| OTC / penny stocks | Limited | |
| Options (up to Level 4) | Yes | |
| Mutual funds | Yes | No |
| US Treasuries | Yes | |
| Corporate / muni bonds, CDs | Yes | |
| IPOs | Limited | Yes |
| 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 | |
| OTC / Pink Sheets / OTCQX / OTCQB | No | |
| Options (equity, ETF, index) | Yes | |
| Bonds | No | |
| Futures | Yes | |
| International stocks (from US) | No | |
| Prediction markets | Yes |