// BROKER SHOWDOWN

Charles Schwab vs Fidelity

Charles Schwab// Platform Alpha
VS
Fidelity// Platform Beta
Quick Verdict

Winner: Charles Schwab

The acquisition of thinkorswim gives Schwab the edge for active traders, while Fidelity remains slightly better for passive long-term investors.

// Key Strengths

  • thinkorswim platform
  • Superior mobile charting
  • Extensive education
FeatureCharles SchwabFidelity
Commission$0$0
PlatformthinkorswimActive Trader Pro
Margin RateStandardSlightly Lower

Platform Experience

thinkorswim is widely considered the industry standard for technical analysis and complex options strategy building.

Choose Charles Schwab If...

  • » Active options traders
  • » Technical analysts

Choose Fidelity If...

  • » Retirement investors
  • » Passive fund holders