Fidelity vs Finhabits - BrokerCue
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Broker Comparison

Fidelity vs Finhabits

Compare Fidelity and Finhabits side by side: fees, regulation, platforms.

Fidelity

Fidelity

Long-term investors and beginners

Fidelity is a US brokerage founded in 1946 offering stocks, ETFs, options, bonds, mutual funds, crypto, fractโ€ฆ

VS
Finhabits

Finhabits

Latino investors and bilingual beginners

Finhabits is a bilingual SEC-registered robo-advisor aimed at U.S. Latino investors, offering automated ETF pโ€ฆ

Head-to-head comparison

Fidelity vs Finhabits
Feature Fidelity Finhabits
Minimum deposit - -
Stock trading fee $0 commission per online US stock trade -
Regulators SEC, FINRA, SIPC SEC, FINRA, SIPC
Best for Long-term investors and beginners Latino investors and bilingual beginners
Markets & account
Stocks
-
ETFs
Crypto
-
Bonds
-
Options
-
Fractional Shares
Funds
-
Money Market Funds
-
Margin
-
Ready Made Portfolios
Investment Plans

Pros & cons

Fidelity

Fidelity

Pros

  • No commission on US stock and ETF trades
  • No account minimum, no account fee, no inactivity fee
  • No withdrawal fee
  • Fractional shares available from $1
  • Extensive research and educational resources
  • Fidelity Go robo-advisor free under $25,000
  • Fidelity does not accept payment for order flow
  • Excess-of-SIPC coverage totalling $1 billion in aggregate

Cons

  • No futures trading
  • No forex or CFD trading
  • Crypto limited to five coins with a 1% spread
  • No paper trading or demo account
  • Margin rates higher than some specialist discount brokers
  • A small subset of ETFs carry a $100 service fee per purchase
Finhabits

Finhabits

Pros

  • Fully bilingual platform and support in English and Spanish
  • Accepts ITIN so investors without a Social Security Number can open an account
  • No minimum balance requirement; can start investing from $5
  • Automated portfolio rebalancing and dividend reinvestment included
  • Traditional IRA, Roth IRA and 401(k) rollover supported
  • SIPC protection up to $500,000 via Apex Clearing custodian
  • Virtual financial planner Emma available 24/7 in the app

Cons

  • Growth plan subscription fee of $10/month applies as soon as you open an investment account, regardless of balance size
  • No self-directed stock or bond trading - portfolios are pre-built ETF allocations only
  • No demo or paper-trading account
  • Investment universe limited to ETFs from Vanguard, iShares and Goldman Sachs
  • Human CFP access requires a balance of at least $12,000
  • U.S. residents only - not available to international investors
Fidelity

Fidelity

Fidelity is a US brokerage founded in 1946 offering stocks, ETFs, options, bonds, mutual funds, crypto, fractional shares and the Fidelity Go robo-advisor with no account minimums.

Your capital is at risk. Other fees apply.

Finhabits

Finhabits

Finhabits is a bilingual SEC-registered robo-advisor aimed at U.S. Latino investors, offering automated ETF portfolios, IRAs and an emergency reserve account with no SSN requirement.

Your capital is at risk. Other fees apply.

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