Fidelity Review

Fidelity

Founded 1946

Minafi Score

64 /100

Minafi Rating

8 /10

Usability Rating

7 /10

Cost Rating

8 /10

Trust Rating

9 /10

Company Age Score

5 /5

JD Power Rating

0 /1000

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Fidelity Alternatives

All comparisons:

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Fidelity

64

Minafi's Take

Fidelity is an industry leader in the investing space every since the 1960s when they were the first company to offer mutual funds to the public. Although their website lacks the cool polish of some of the newer players, their portfolio of low-cost mutual funds and ETFs is nearly unparalleled. Fidelity recently launched a number of mutual funds with zero expense ratio – an industry first and a major win for investors.

Minafi recommends Fidelity for long-term, low-fee retirement investing.

Just The Facts

Here’s everything you want to know about Fidelity.

Who Manages Your Money?

Fidelity is categorized as a Self-Guided Account.

What Features Does Fidelity Offer?

Fidelity allows you to invest using at least 10 different account types, over at least 3 platforms.

How Much Does Fidelity Cost?

Current Promotions

Fees & Expenses View all fees

  • Expense ratios range from 0% up to over 1.3%.

How Do I Sign Up?

Open an Account

Pros

  • Has an account type for everything you can imagine.
  • Zero-fee mutual funds offer the lowest fees in the industry.
  • Free trades for stocks, options, ETFs, and Fidelity funds.

Cons

  • Sometimes confusing website due to the number of offerings.
  • Multiple funds that invest in the same thing with different fees.

Fidelity Alternatives

Here's a look at how Fidelity compares with it's closest competitors.

Fidelity

64

Open An Account
Ratings
Rating Type Rating
Minafi Rating 8 /10
Usability Score 7 /10
Cost Rating 8 /10
Trust Rating 9 /10
Company Age Score 5 /5
JD Power Score 0 /10
Overview
Overview Feature Included
Founded 1946
Min Investment
Classification
Accounts Offered
How to Access
Allows Investors from
Features
Feature Included
Automatic Investing
Automatic Rebalancing
Automatic Tax-Loss Harvesting
Checking Account
Fractional ETF Shares
Free Trades
Good for Beginners
Good for Day Trading
Good for Retirement
Sign Up Bonus
Fees & Expenses
Fee Type Included
Management Fee -
Monthly Fee -
Options Fee -
Trade Fee -

Vanguard

99

Open An Account
Ratings
Rating Type Rating
Minafi Rating 10 /10
Usability Score 5 /10
Cost Rating 9 /10
Trust Rating 10 /10
Company Age Score 5 /5
JD Power Score 10 /10
Overview
Overview Feature Included
Founded 1975
Min Investment $1,000.00
Classification
Accounts Offered
How to Access
Allows Investors from
Features
Feature Included
Automatic Investing
Automatic Rebalancing
Automatic Tax-Loss Harvesting
Checking Account
Fractional ETF Shares
Free Trades
Good for Beginners
Good for Day Trading
Good for Retirement
Sign Up Bonus
Fees & Expenses
Fee Type Included
Management Fee -
Monthly Fee -
Options Fee -
Trade Fee -

M1 Finance

98

Open An Account
Ratings
Rating Type Rating
Minafi Rating 10 /10
Usability Score 8 /10
Cost Rating 10 /10
Trust Rating 8 /10
Company Age Score 5 /5
JD Power Score -
Overview
Overview Feature Included
Founded 2015
Min Investment $100.00
Classification
Accounts Offered
How to Access
Allows Investors from
Features
Feature Included
Automatic Investing
Automatic Rebalancing
Automatic Tax-Loss Harvesting
Checking Account
Fractional ETF Shares
Free Trades
Good for Beginners
Good for Day Trading
Good for Retirement
Sign Up Bonus
Fees & Expenses
Fee Type Included
Management Fee -
Monthly Fee -
Options Fee -
Trade Fee -

Compare Fidelity with other platforms »

Ready to Sign up?

Open an Account

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