Fidelity Investments

About this app

Fidelity Investments is one of the largest and most trusted brokerages in the world, managing over $12 trillion in client assets. The mobile app gives you full access to trade stocks, ETFs, options, and mutual funds with zero commissions and no account minimums. Beyond trading, Fidelity offers comprehensive financial planning tools, retirement accounts (401k, IRA, Roth IRA), a cash management account with no ATM fees worldwide, and award-winning research. The app's fractional shares feature lets you invest in any stock starting from $1. Fidelity consistently ranks #1 in customer satisfaction among brokerages and is known for its exceptional customer service, including access to financial advisors.

Key Features

How It Works

Detailed Review

Fidelity Investments is the gold standard of US brokerages, and the mobile app delivers nearly the full desktop experience in your pocket. With $12+ trillion under management, Fidelity has the scale, stability, and resources that newer fintech companies simply can't match.

The trading experience is comprehensive. Stocks, ETFs, options, mutual funds, bonds, and CDs — all tradable from the app with zero commissions (for stocks and ETFs). Options trades carry a $0.65/contract fee, which is industry standard. Mutual fund selection is unmatched — Fidelity offers its own zero-fee index funds (FZROX, FZILX) that have literally zero expense ratio.

Fractional shares (called 'Stocks by the Slice') let you invest as little as $1 in any stock or ETF. Combined with the zero-fee index funds and no account minimum, the barrier to entry is as low as any fintech — but with institutional backing.

Research is where Fidelity truly separates from Robinhood and other simplified platforms. Each stock has detailed analyst reports, earnings analysis, technical charts, and Fidelity's proprietary equity summary score. Options analysis includes probability calculators and profit/loss scenarios. For investors who want to make informed decisions, this depth is invaluable.

Retirement accounts are first-class. IRA, Roth IRA, SEP IRA, 401k rollovers — all with the same zero-fee trading. The retirement planning tools help you model scenarios: 'Am I saving enough for retirement at 65?' with Monte Carlo simulations and Social Security projections.

The cash management account is a hidden gem. It functions as a checking account with a Visa debit card, earns interest on cash, and reimburses all ATM fees worldwide. No monthly maintenance fee, no minimum balance. For frequent travelers, the worldwide ATM reimbursement alone is worth having the account.

Customer service is Fidelity's most underappreciated advantage. Call and reach a human quickly. Walk into one of 200+ Investor Centers for in-person help. Chat with a financial advisor about your portfolio. In an industry where customer support is often an afterthought, Fidelity invests heavily in it.

The app's complexity is a double-edged sword. There's a learning curve — finding specific features requires navigating nested menus. The home screen dashboard is customizable but initially cluttered. Absolute beginners may find Robinhood's simplicity more approachable.

For long-term wealth building, there's no better platform. Zero fees, outstanding research, exceptional service, and the institutional stability of a company that's been managing money since 1946. Start with Robinhood if you want simplicity; graduate to Fidelity when you're serious.

App Information