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Fidelity vs Interactive Brokers IBKR Lite

Side by side on the numbers that decide it. The money8020 Score already weighs these — this is the receipts.

money8020 pick
Fidelity
Fidelity Investments
97/100
Interactive Brokers IBKR Lite
Interactive Brokers
96/100
TierEssentialEssential
Stock & ETF commission$0$0
Account minimum$0$0
Options$0 + contract fee
ProtectionSIPC
Annual fee$0
Best forLong-term investors who want low costs and deep fund selectionSelf-directed investors who pick their own holdings
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Which should you choose: the Fidelity or the Interactive Brokers IBKR Lite?

The Fidelity is the stronger pick of the two, with a money8020 score of 97/100 versus 96. Choose the Interactive Brokers IBKR Lite instead if self-directed investors who pick their own holdings.

FAQ

Fidelity vs Interactive Brokers IBKR Lite: FAQ

Is the Fidelity or the Interactive Brokers IBKR Lite better?

By our scoring, the Fidelity edges ahead with a money8020 score of 97/100 versus 96. The Interactive Brokers IBKR Lite can still be the better fit if self-directed investors who pick their own holdings.