Head-to-head comparison across ratings, fees, asset coverage, and platform breadth.
Fidelity
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.
Last reviewed May 13, 2026Data may be outdated — verify rates before acting
Webull
4.2 / 5
Best for cost-conscious active traders who want $0 options, free Level II, fast routing, and broad crypto coverage. Educational depth and fixed-income shelves are thinner than the full-service incumbents.
Last reviewed May 13, 2026Data may be outdated — verify rates before acting
Sub-rating overlap
Each broker scored 0–5 across the same 8 dimensions.
Detailed comparison
Green cells mark the winner on each metric. Tie rows are uncoloured.
Metric
Fidelity
Webull
Winner
OverallEditorial score
4.70 / 5
4.20 / 5
Fidelity
Sub-ratingsCommissions & fees
4.60
4.80
Webull
Sub-ratingsPlatforms & tools
4.40
4.50
Webull
Sub-ratingsMobile app
5.00
4.70
Fidelity
Sub-ratingsResearch
5.00
3.80
Fidelity
Sub-ratingsEducation
5.00
3.50
Fidelity
Sub-ratingsCustomer service
4.90
3.80
Fidelity
Sub-ratingsRange of investments
4.20
3.70
Fidelity
Sub-ratingsActive trading
4.30
4.40
Webull
PricingLowest margin rate
7.50%
5.74%
Webull
PricingDefault cash sweep yield
3.26%
4.10%
Webull
PricingPFOF on equities
Does not accept
Accepts
Fidelity
Where they differ on asset coverage
Asset class
Fidelity
Webull
US stocks (NYSE/Nasdaq/AMEX)
Yes
Options (up to Level 4)
Yes
Mutual funds
Yes
No
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
Precious metals (physical)
Yes
US stocks
Yes
Options (equity, ETF, index)
Yes
Corporate bonds
No
Futures
Yes
International stocks (US app)
No
24-hour overnight trading
Yes
Prediction markets
Yes
Fidelity strengths
Only major broker with zero-expense-ratio index funds (FZROX, FZILX, FNILX, FZIPX)
Best automatic cash sweep — SPAXX 3.26% with no minimum or opt-in
No payment for order flow on equities; $24.50 price improvement per 1,000 shares
~20 third-party research providers — broadest in retail brokerage
24/7 phone, live chat, and 215+ in-person investor centers
NerdWallet Best App for Investing 5 years running (2022–2026)
Webull strengths
$0 commissions on stocks, ETFs, and options — including index options at $0.55
Free Level II / Nasdaq TotalView quotes (no Gold/subscription required)
Webull Desktop platform with advanced charting and 100+ technical indicators