Fidelity is VaultRubric's pick: it scores 85.3% vs Robinhood's 74.9% (a 10.4-point lead).
Data as of · Last updated · By VaultRubric Research · How we score · Not investment advice.
Robinhood and Fidelity both list a Roth IRA on their official pages. Here they are scored with IRA options and costs weighted highest, using only our sourced data. Fund selection and expense ratios inside the IRA are not scored. This is not a recommendation to open either account.
Rates change often — verify on the bank's or broker's site before opening an account. Every value shows its as-of date; ⚑ marks figures from third-party sites. Not financial advice.
VaultRubric pick: Fidelity
Weights: Trading costs 17%, Account minimum 14%, IRA options 23%, Transfer-out fee 11%, Protection (SIPC) 17%, Regulatory record 17%
| # | Broker | Score | Options/contract | Notes |
|---|---|---|---|---|
| 1 | Fidelity | 85.3% cov 100% | $0.65 src · 2026-10-11 | |
| 2 | Robinhood | 74.9% cov 100% | $0.5 src · 2026-10-11 | Regulatory: FINRA: $26M fines + $3.75M ordered paid to customers (AWC, settled; AML, supervision, disclosure violations); Regulatory: SEC: $45M combined penalties (recordkeeping, reporting, cybersecurity etc.) |
| Fact | Fidelity | Robinhood |
|---|---|---|
| Stock/ETF commission | $0 src · 2026-10-11 | $0 src · 2026-10-11 |
| Options (per contract) | $0.65 src · 2026-10-11 | $0.5 src · 2026-10-11 |
| Account minimum | $0 src · 2026-10-10 | $0 src · 2026-10-11 |
| Fractional shares | Yes src · 2026-10-10 | Yes ⚑ third-party source src · 2026-10-09 |
| IRA types | Traditional, Roth, SIMPLE (fee schedule), Rollover src · 2026-10-10 | Traditional, Roth src · 2026-10-10 |
| IRA match | none found | 1% standard; 3% with Gold ($5/mo, keep 1 yr); 1% on transfers/rollovers; 5-yr hold src · 2026-10-10 |
| Transfer-out fee | $0 src · 2026-10-11 | $100 src · 2026-10-11 |
| SIPC member | Yes src · 2026-10-10 | Yes src · 2026-10-10 |
| FINRA CRD | CRD 7784 src · 2026-10-10 | CRD 165998 src · 2026-10-10 |
| Regulatory actions (5 yrs) | none found in last 5 yrs src · 2026-10-10 | 2025-03-07 FINRA: $26M fines + $3.75M ordered paid to customers (AWC, settled; AML, supervision, disclosure violations) src 2025-01-13 SEC: $45M combined penalties (recordkeeping, reporting, cybersecurity etc.) src 2021-06-30 FINRA: ~$70M ($57M fine + $12.6M restitution) incl. March 2020 outages — just outside 5-yr window src |
Opens the tool with these platforms filled in, so you can change the weights.
On this rubric, Fidelity scores highest. Your answer depends on your priorities; adjust the weights in the tool.
Only from our curated dataset (official pages, regulators, and flagged third-party sites), with fixed formulas shown in “Show math”. No AI or live scraping, so the same comparison always gives the same result. Not financial advice.