Webull vs Fidelity
By Itai Varochik | Updated 2026
Quick Verdict
Overall Winner: Fidelity (4.5/5)
We tested Webull and Fidelity side-by-side. Fidelity comes out ahead overall, but Webull may be better for specific use cases.
Score Breakdown
| Criteria | Webull | Fidelity |
|---|---|---|
| Features | 8.5/10 | 9/10 |
| Ease of Use | 7.5/10 | 8/10 |
| Value for Money | 9.5/10 | 9.5/10 |
| Customer Support | 6.5/10 | 8.5/10 |
| Overall | 8.2/10 | 9/10 |
Feature Comparison
| Feature | Webull | Fidelity |
|---|---|---|
| Stock Trading | Yes | No |
| Advanced Charts | Yes | No |
| Options | Yes | No |
| Paper Trading | Yes | No |
| Extended Hours | Yes | No |
| Commission-Free Trading | No | Yes |
| Zero Index Funds | No | Yes |
| Research | No | Yes |
| Retirement Planning | No | Yes |
| Cash Management | No | Yes |
| Fractional Shares | No | Yes |
Pricing Comparison
Webull: Free
Fidelity: Free ($0 commissions)
Webull Pros & Cons
Pros
- Advanced charting with 50+ indicators
- Extended hours trading
- Commission-free everything
- Paper trading
Cons
- No mutual funds or bonds
- Limited customer support
Fidelity Pros & Cons
Pros
- Commission-free stock, ETF, and options trading
- Zero-expense-ratio index funds (industry first)
- $12T+ in assets under administration
- Exceptional research from 20+ providers
- 200+ investor centers for in-person help
- Fractional shares starting at $1
Cons
- Options contract fee ($0.65/contract)
- No cryptocurrency trading on main platform
- Active Trader Pro desktop only (no web version)
- International stock trading has extra fees
- Mutual fund selection can be overwhelming
Key Specifications
| Spec | Webull | Fidelity |
|---|---|---|
| Rating | 4.3/5 | 4.5/5 |
| Pricing | Free | Free ($0 commissions) |
| Year Founded | 2017 | 1946 |
| Headquarters | New York, NY | Boston, MA |
| Employees | 1,000+ | 74,000+ |
| Paper Trading | Yes | N/A |
| Extended Hours | 4am–8pm ET | N/A |
| Best For Region | United States | United States |
| Cash Account APY | N/A | 4.00%+ |
| Zero-Fee Index Funds | N/A | Yes |
Our Verdict
Fidelity wins overall. Choose Webull if you value Technical traders who want free charting tools. Choose Fidelity if you prioritize Long-term investors and retirement savers.
Frequently Asked Questions
Is Webull better than Fidelity?
Based on our testing, Fidelity scores higher with a rating of 4.5/5 compared to Webull's 4.3/5. However, the best choice depends on your specific needs.
What is the main difference between Webull and Fidelity?
Webull is known for: Commission-free trading platform with advanced charting and analysis tools.. Fidelity is known for: Full-service broker with zero-fee index funds, excellent research, and retirement planning tools..
Which is cheaper, Webull or Fidelity?
Webull pricing: Free. Fidelity pricing: Free ($0 commissions).
Can I use Webull and Fidelity together?
While both tools serve similar purposes in the Trading Platforms category, some users do use complementary features from both platforms.
What are the pros of Webull?
Advanced charting with 50+ indicators. Extended hours trading. Commission-free everything
What are the pros of Fidelity?
Commission-free stock, ETF, and options trading. Zero-expense-ratio index funds (industry first). $12T+ in assets under administration
Which trading platforms should I choose?
Choose Webull if you value Technical traders who want free charting tools. Choose Fidelity if you prioritize Long-term investors and retirement savers.