Fidelity vs Vanguard

Fidelity is a cash management account with a decent APY. How does it compare to Vanguard? Read our comparison chart below.

Fidelity offers stock trades at $0 per trade and more than 180 branch locations. There is no minimum deposit.

While Vanguard offers $0 commission on stock and ETF online trades, $0 commission on Vanguard mutual funds, and no minimum deposit.

Compare Fidelity with Vanguard, side-by-side.

	Fidelity	Vanguard
	SPECIAL OFFER Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More Read Fidelity Review	Norton Internet Security 60-day free subscription - Learn More
	Benefits and Features
Stock Trading	$0	$0
Options Trading	$0.65 per contract	$0 + $1-per-contract fee. Discounts available if you have more than $1 million assets invested in Vanguard ETFs and mutual funds
Annual Fee	None	$25
Cryptocurrency Trading	$0
Minimum Deposit	$0	$0
Mutual Fund Trading	Yes	$0 for Vanguard mutual funds
Commission Free ETFs		Around 1,800 ETFs from about 100 other companies
Broker Assisted Trades		$25.00
Inactivity Fee	$0	$0
Maintenance Fee	$0	$20/year. Waived if account owner signs up for e-delivery service OR have at least $10,000 in Vanguard ETFs and mutual funds
Banking	No	No
Mobile App	Yes	Yes
Desktop App		Yes
Forex Trading		Yes
Futures Trading		No
Customer Service		Monday-Friday 8am -10pm ET
Locations		No
Online Community		No
Seminars		Yes
Trading Platform	Desktop, Web Trading, Mobile Apps
Virtual Trading		No
	CreditDonkey® Reviews
Savings
Fees
Mobile App
Customer Service
Pros & Cons	Pros: $0 monthly service fee No minimum balance Free debit card Cons: Relatively low APY Few physical branches
Bottom Line	Cash management account with a decent APY... Read full review
	Commission-Free Trading - Online Stock, ETF and Option Trades Cash Management Account
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Fidelity: Pricing information from published website as of 07/05/2024. Vanguard: Pricing information from published websites as of 10/17/2023.

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Fidelity or Robinhood.