

įidelity’s web platform is reasonably easy to use. You can stage orders and submit multiple orders on and StreetSmart Edge. Streaming real-time quotes are standard across all platforms. There aren’t many customization options on the website, but you can set trading defaults by asset class using hotkeys in StreetSmart Edge. Much of Schwab’s trading experience is built around its All-In-One Trade Ticket, which works across platforms. The mobile apps for both brokers are useful, but like most broker-supported apps, they have limited functionality compared to the standard platforms.

Schwab and Fidelity offer reasonably easy-to-navigate websites with screening tools, portfolio analysis, news, educational content, and basic order tickets. Opening an account is straightforward, and as with many brokers, you need to fill out additional paperwork to enable features like margin and options trading.

It has three platforms, including a web version, the downloadable Active Trader Pro, and Fidelity Mobile App. We found Fidelity to be quite user-friendly overall. The company makes it easy to open and fund an account, and you can do so online, via mobile app, by phone, or in one of its 360+ branches. The Schwab Mobile and StreetSmart Mobile apps round out the platform offerings. UsabilityĬharles Schwab offers two web-based platforms, and StreetSmart Edge (its premier trading platform). Schwab expects the merger of its platforms and services to take place within three years of the close of the deal. The transaction itself is expected to close in the second half of 2020, and in the meantime, the two firms will operate autonomously. On November 25, 2019, Charles Schwab announced a buyout of TD Ameritrade’s online brokerage.
