Fidelity vs Robinhood options fees (2026)
Robinhood is cheaper per contract ($0.00 vs $0.65). Exercise/assignment fees can't be compared because Fidelity and Robinhood doesn't publish one we could verify. At the smallest balance tier each lists, Fidelity charges 12.075% ($0-$24,999) and Robinhood charges 5.25% (Up to $50,000).
| Fidelity | Robinhood | |
|---|---|---|
| Per-contract commission | $0.65 Source: www.fidelity.com, retrieved 2026-10-25 | $0.00 Source: robinhood.com, retrieved 2026-10-25 |
| Exercise / assignment fee | unverified (not listed on commissions page; full fee PDF returns 403) Source: www.fidelity.com, retrieved 2026-10-25 | unverified (not listed in fee schedule) Source: robinhood.com, retrieved 2026-10-25 |
| Index option fees | unverified (page says certain proprietary options have additional fees) Source: www.fidelity.com, retrieved 2026-10-25 | $0.50/contract non-Gold, $0.35 Gold, plus exchange fees Source: cdn.robinhood.com, retrieved 2026-10-25 |
| Margin rates | $0-$24,999: 12.075% $25,000-$49,999: 11.575% $50,000-$99,999: 10.625% $100,000-$249,999: 10.575% $250,000-$499,999: 10.325% Source: www.fidelity.com, retrieved 2026-10-25 | Up to $50,000: 5.25% $50,000-$100,000: 5.05% $100,000-$1M: 4.75% $1M-$10M: 4.5% $10M-$50M: 4.45% $50M+: 4.2% Source: cdn.robinhood.com, retrieved 2026-10-25 |
Per-contract figures exclude regulatory pass-through fees. Estimate your yearly cost with the calculator. See full pages for Fidelity and Robinhood.