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● Updated August 2026

Fidelity vs Charles Schwab

Both rank among our top stock brokers, but they suit different traders. Here is how they compare on every metric we score — and which one fits your situation.

Fidelity

9.3
/ 10 · rank #2
Visit Fidelity →
VS

Charles Schwab

9.0
/ 10 · rank #4
Visit Charles Schwab →

Head-to-Head Comparison

FidelityCharles Schwab
Overall score9.3 / 109.0 / 10
Our ranking#2#4
Fees$0 stock trades$0 stock trades
Min. deposit$0$0
MarketsUS marketsUS markets
RegulationSEC · FINRASEC · FINRA
Best forUS investors of all levelsInvestors who want deep research

Which Should You Choose?

Choose Fidelity if…

  • $0 commissions
  • Excellent research
  • Great retirement accounts

Choose Charles Schwab if…

  • Best-in-class research
  • 24/7 support
  • thinkorswim platform

The Trade-offs

Fidelity drawbacks

  • US-focused only

Charles Schwab drawbacks

  • International access limited

Our Verdict

Fidelity scores higher overall (9.3/10 vs 9.0/10) on our methodology, which weighs fees & pricing (30%), safety & regulation (30%), platform & tools (25%), service & funding (15%). That makes it the stronger all-round choice for most people.

But a higher score doesn't make it the right pick for you. Fidelity is built for us investors of all levels, while Charles Schwab targets investors who want deep research. If your situation matches the second description, the lower-scoring option is the better decision — the score measures general quality, not personal fit.

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