Fidelity Active Trader Pro vs. robinhood

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Fidelity Active Trader Pro
Score 9.6 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
robinhood
Score 10.0 out of 10
N/A
Robinhood provides trading in stocks, ETFs and options is offered through Robinhood Financial LLC, member SIPC (sipc.org). Cryptocurrency trading is offered through Robinhood Crypto, LLC. Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services and is not a member of FINRA or SIPC. Cryptocurrencies are not stocks and your cryptocurrency investments are not products protected by either FDIC or SIPC.N/A
Pricing
Fidelity Active Trader Prorobinhood
Editions & Modules
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Offerings
Pricing Offerings
Fidelity Active Trader Prorobinhood
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.$0 on commissions--- pricing PDF schedule online.
More Pricing Information
Community Pulse
Fidelity Active Trader Prorobinhood
Top Pros

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Top Cons

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Best Alternatives
Fidelity Active Trader Prorobinhood
Small Businesses

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Coinbase
Coinbase
Score 8.8 out of 10
Medium-sized Companies

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Coinbase
Coinbase
Score 8.8 out of 10
Enterprises

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All AlternativesView all alternativesView all alternatives
User Ratings
Fidelity Active Trader Prorobinhood
Likelihood to Recommend
8.7
(5 ratings)
10.0
(1 ratings)
User Testimonials
Fidelity Active Trader Prorobinhood
Likelihood to Recommend
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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Robinhood
robinhood has been great for me as a first time investor using "play money" outside of my main 401K and retirement. It has options for purchasing partial shares, which means you don't have to purchase a full, even share in order to invest. I love to option to buy and sell crypto so easily. Crypto prices move quickly. I can set alerts when I want to get in and for when I want to get out. The availability of index funds also balance it well. I like reading the articles and morningstar ratings that provide direction on market sentiment, fair value and quick earnings results.
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Pros
Fiidelity Investments (FMR LLC)
  • Accurate Data
  • Ability to reach out for help
  • Ease of use once trained
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Robinhood
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Cons
Fiidelity Investments (FMR LLC)
  • The advanced charts have made improvements but are still behind Thinkorswim
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Robinhood
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Alternatives Considered
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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Robinhood
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Return on Investment
Fiidelity Investments (FMR LLC)
  • Objective is to make money, right? It definitely supports it.
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Robinhood
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ScreenShots