Pick the right tool, fast
← All comparisons
Trading Platforms · Tool Face-Off

Fidelity Active Trader Pro vs E*TRADE Power E*TRADE

Quick answer

Both are free, desktop-grade platforms for active traders, but Fidelity ATP edges ahead with $0 margin rates on some accounts and superior research depth, while Power E*TRADE wins on options tools and a slicker mobile experience.

Fidelity Active Trader Pro
Research-first powerhouse with unbeatable cost structure
4.1★
VS
Our pick
E*TRADE Power E*TRADE
Options traders' playground with a polished interface
4.3★
Platform Cost
Free
Free
Stock & ETF Commissions
$0
$0
Options Commissions
$0.65/contract
$0.50/contract (active traders)
Margin Rates (approx.)
5.83%–8.33% (tiered)
7.45%–11.45% (tiered)
Simultaneous Charts
Up to 50 charts
Up to 6 charts
Options Chains
Standard chain view
Live action scanner + visual P&L graph
Screeners
Stock, ETF, options screeners
Stock, ETF, options + strategy screener
Paper Trading
No
Yes (simulated trading built-in)
Third-Party Research
20+ providers (Morningstar, Argus, etc.)
~10 providers
Crypto Trading
No direct crypto
No direct crypto
Mobile App Quality
Fidelity app (solid, not ATP-specific)
Power E*TRADE mobile (mirrors desktop)
Futures Trading
No
No

Fidelity Active Trader Pro

Ease of Use★★★½☆
Options Tools★★★½☆
Research & Data★★★★★
Mobile Companion★★★½☆
Order Types & Routing★★★★☆
Pricing & Commissions★★★★★
Charting & Technical Analysis★★★★☆

E*TRADE Power E*TRADE

Ease of Use★★★★½
Options Tools★★★★★
Research & Data★★★½☆
Mobile Companion★★★★½
Order Types & Routing★★★★☆
Pricing & Commissions★★★★☆
Charting & Technical Analysis★★★★½

Worth knowing

Fidelity Active Trader Pro lets you open 50 charts at once — which is either a trader's dream or a laptop's nightmare, depending on your RAM.

If you want

You trade options frequently and want visual P&L tools

Power E*TRADE's options chain scanner, strategy screener, and built-in P&L graphs are genuinely best-in-class for retail options traders.

→ Pick E*TRADE Power E*TRADE
If you want

You want the deepest research and lowest margin rates

Fidelity's 20+ research providers and more competitive margin rates save serious money for fundamental analysts and margin users.

→ Pick Fidelity Active Trader Pro
If you want

You're new to active trading and want to practice first

Power E*TRADE's paper trading feature lets beginners simulate real trades without risking a cent.

→ Pick E*TRADE Power E*TRADE
If you want

You want a seamless desktop-to-mobile workflow

The Power E*TRADE mobile app closely mirrors the desktop platform, while Fidelity's mobile is solid but not ATP-specific.

→ Pick E*TRADE Power E*TRADE
Fidelity Active Trader ProVSWebull Desktop
Trading Platforms
Fidelity Active Trader ProVSRobinhood Gold
Brokerage / Trading Platforms
Fidelity Active Trader ProVSCharles Schwab thinkorswim
Trading Platforms
Fidelity Active Trader ProVSTD Ameritrade thinkorswim
Trading Platforms
Some links on this page are affiliate links. If you sign up through them, we may earn a commission at no extra cost to you.