Coinbase vs. Fidelity Active Trader Pro

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Coinbase
Score 8.0 out of 10
N/A
Coinbase is a digital currency exchange (Coinbase Pro) and crypto-oriented software solution suite for businesses, including hosted checkout pages, payment buttons, invoicing, and multiple ecommerce integrations (Coinbase Commerce), a turnkey solution for brokerages, exchanges, and fintechs enabling them to offer customers crypto (Coinbase Prime), crypto asset custody (Coinbase Custody), and a wallet to self-store crypto (Coinbase Wallet).
$0.20
taker fee
Fidelity Active Trader Pro
Score 9.1 out of 10
N/A
Active Trader Pro is Fidelity's customizable trading platform for the desktop and optimized for online trading technology. The solution offers real-time insights, visual snapshots to monitor investments, and trading tools.N/A
Pricing
CoinbaseFidelity Active Trader Pro
Editions & Modules
$100K-$1M
$0.20
taker fee
$10-50K
$0.35
taker fee
<$10K
$0.50
taker fee
No answers on this topic
Offerings
Pricing Offerings
CoinbaseFidelity Active Trader Pro
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details$0 commissions for online US stock, ETF, and option trades. Margin rates among the most competitive in the industry—as low as 4.00%. No minimums to open an account.
More Pricing Information
Community Pulse
CoinbaseFidelity Active Trader Pro
Top Pros
Top Cons
User Ratings
CoinbaseFidelity Active Trader Pro
Likelihood to Recommend
8.4
(28 ratings)
8.7
(5 ratings)
Usability
9.0
(1 ratings)
-
(0 ratings)
Support Rating
6.4
(2 ratings)
-
(0 ratings)
User Testimonials
CoinbaseFidelity Active Trader Pro
Likelihood to Recommend
Coinbase
I think Coinbase is extremely suitable for people who are just starting to get into crypto-related activities. Based on how easy it is to use along with the brand recognition I think it offers beginners a better sense of security. Just like all trading platforms, it is extremely easy to get carried away as you only have to confirm your purchase twice and it goes through. It would not be very suitable for those who have little self-control.
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Fiidelity Investments (FMR LLC)
Fantastic for the planning and execution of trades, as follows: (1) Offers nearly 50 market filters, including technical, social sentiment, and custom options filters, (2) supports analysis of option market sentiment with volatility and open interest statistics, as well as the day’s biggest trades, (3) functionality to trade equities, ETFs, simple and complex option strategies with extended-hours and directed trading capabilities, (4) capacity to create and save up to 50 orders and place them at the right time, (5) helps manage risk and profit potential with conditional orders, (6) allows placement of a variety of simple and complex multi-leg option orders, (7) provides ability to monitor portfolio with streaming quotes, real-time gain and loss, streaming balances, and streaming order status updates, and (8) allows creation of personalized layouts to see the market and portfolio information that’s important to you Set trade defaults, create shortcuts, and use hotkeys to quickly and efficiently navigate through the platform.
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Pros
Coinbase
  • Coinbase has a really nice looking design which offers for a better user experience.
  • Coinbase is extremely easy to use.
  • Coinbase does a great job delivering company news/changes to its users.
  • Coinbase offers frequent updates which makes you feel more secure using their services.
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Fiidelity Investments (FMR LLC)
  • Accurate Data
  • Ability to reach out for help
  • Ease of use once trained
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Cons
Coinbase
  • Just like other apps(venmo, cashapp, PayPal) it keeps all your trade portfolio under coin based. Not transferable
  • Even though, they give you a starting balance of $10. They do wants you to put at least $10 of your money
  • The training video are simple. Learn about US dollar coin, USD, and bitcoin. But it doesn't teach you how to be a savvy trader. That will take additional education
  • You can't add small cryptocurrency like BAR to your portfolio. It certain amount to trade with.
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Fiidelity Investments (FMR LLC)
  • The advanced charts have made improvements but are still behind Thinkorswim
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Usability
Coinbase
The application and desktop versions are updated regularly and rarely experience down time.
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Fiidelity Investments (FMR LLC)
No answers on this topic
Support Rating
Coinbase
I haven't needed to contact support for Coinbase yet—it's probably because it is super easy to use and very intuitive. If I were to use the support, it would probably be better than these other companies because most of the other ones come from foreign markets or aren't as big as Coinbase.
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Fiidelity Investments (FMR LLC)
No answers on this topic
Alternatives Considered
Coinbase
Coinbase is just better overall, with access to investments that can be traded for USD. As well as the crypto that can gain interest, Coinbase is amazing at educating the user along with providing real-time data, that allows the user to make the best decision they can when making this kind of risky investment. Coinbase takes the risk out of Crypto.
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Fiidelity Investments (FMR LLC)
Unlike Active Trader Pro, TD Ameritrade's advanced desktop platform thinkorswim has no frequent trader requirements. It is also very advanced, boasting 400 technical studies and 20 drawing tools. It offers paper money, a practice mode. Forex and futures can also be traded on thinkorswim. There are many useful features on thinkorswim, such as heat maps, live streaming of CNBC, an economic calendar, alerts, and more. thinkorswim is tailored to more sophisticated traders and it is not that user-friendly compared to Active Trader Pro.
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Return on Investment
Coinbase
  • It's saved time from figuring out how to buy and sell cryptocurrencies
  • It makes monitoring market prices and fluctuations in the value of crypto holdings very easy and simple. Which also saves time.
  • We don't do as high of volume so the lower transaction costs even though there is a slight premium saves us a lot of money in contrast to many of the exchanges that can charge 4-5+% transaction costs.
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Fiidelity Investments (FMR LLC)
  • Objective is to make money, right? It definitely supports it.
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ScreenShots