Plynk Invest vs Fidelity

Plynk Invest vs Fidelity Comparison Table 2024
Plynk Invest Fidelity
3.3
3.5

Plynk Invest is an SEC-regulated mobile investment platform that provides zero-commission trading from $1 in a wide selection of stocks and ETFs. Plynk also provides a platform to buy and hold a range of cryptocurrencies.

Fidelity is a popular financial services firm that provides investment accounts and pensions with access to thousands of stocks, ETFs and mutual funds to clients based in the US, Europe and Asia. Fees vary by asset and account country, but are generally competitive, with zero-commission trading available on US stocks.

Bonus Offer
$10 Sign-Up Bonus None
Comment by Reviewer
"Plynk will suit casual investors who want to make spare cash work for them by making streamlined, low-fee investments." "Fidelity is a great match for long-term investors who want an affordable platform to build their pension or investment portfolios. The SEC and FCA oversight are also good signs that the brokerage is regulated and trustworthy."
Pros
  • Easy-to-use app with no complex analysis features or terminology
  • Wealth of educational resources suitable for beginners
  • Commission-free stocks, ETFs and mutual funds
  • iOS and Android (APK) downloadable app
  • Low minimum deposit of $0
  • Regulated by SEC and FINRA
  • $10 to $20 sign up bonus
  • Excellent list of stocks and funds to choose from
  • Very competitive pricing compared to largest rivals
  • Good list of account types to suit various types of investor
  • Uninvested cash is automatically put into a money market fund
  • Trusted global brand with strong regulation from SEC & FCA
  • Tax-efficient vehicles are available including ISAs
Cons
  • Limited features for experienced investors
  • Forex, futures, and options trading not available
  • No live chat service or contact phone number
  • No desktop or webtrader compatibility
  • Limited deposit and withdrawal methods
  • Available to US citizens only
  • Bank wire transfer fees
  • No demo account
  • No forex or CFD trading
  • There is no demo account
  • Less suitable for short-term day trading
  • Presentation of data is overly complicated
  • No trading platform for non-US clients
  • The $1000 minimum deposit for international clients is high
Awards
  • Boring Money Best Buy 2021 – Pension
  • Boring Money Best for Beginners Pension 2021
  • Boring Money Best for Beginners ISA 2021
  • Boring Money Best for Low - Cost Pension 2021
  • Online Personal Wealth Awards - Best Retirement Adviser 2021
  • Shares Awards 2020 - Best Execution-Only Stockbroker of the Year
Instruments
Stocks, ETFs, Mutual Funds, Cryptos ETFs, Mutual Funds, ISAs, Pensions, Stocks, Indices
Demo Account
No No
Minimum Deposit
$0 $0
Trading Platforms
  • Own
  • Own
Payment Methods
Minimum Trade
$1 £25
Regulator
SEC, FINRA FCA, SEC
Margin Trading
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No Yes
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android Fil Mobile App
Copy Trading
No No
Social Trading
No No
Trade Signals
None
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No Yes
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • USD
  • GBP
Stock Exchanges
Cryptocurrency
Invest in BTC, LTC, BCH and ETH with low fees from $0.50 via Plynk's iOS and Android mobile app. On the negative side, the selection of cryptos does not match rivals with no emerging tokens and coins. Crypto trading not offered
Spread
$0.50 on trades <$100, 0.5% on trades $100>
Coins
  • BTC
  • BCH
  • ETH
  • LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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