My friends picked Schwab, but they also thought about Fidelity. I want to know what people on the internet prefer, and why, to help me decide.
It depends on your experience level and how involved you want to be. If you’re a beginner, a robo-advisor like Betterment or SoFi can handle the investing for you, but if you’re more hands-on, Fidelity or Charles Schwab offer tons of investment options and research tools. There’s no single perfect choice, so consider your comfort level and pick the account that best suits your needs.
Fidelity is for active investors seeking full service brokerage while schwab is best ofr investor education. Personally I prefer wealthfront as it gives you a hands off approach to investing
They’re both awesome brokers with commission-free trades, tons of investment choices, and helpful research tools. Fidelity might be better if you like buying slivers of stocks (fractional shares) and want some really cheap index funds. Schwab might be a better fit if you prefer more choices of mutual funds to buy without fees, or if you’re an experienced investor interested in futures trading.
As of now, it’s essential to consider various factors when determining the best Roth IRA account for you, including fees, investment options, customer service, and user .
I’d recommend
Vanguard: Known for its low-cost index funds and broad range of investment options.
Fidelity: Offers a wide selection of investment choices and excellent customer service.