Is Fidelity International really free?

Fidelity International fees
Overview of Fidelity International fees and charges

It's safe to say that Fidelity International's fees are low in general. They either don't charge a brokerage fee for things that other brokers do, or they only charge a small amount.

Here's a high-level overview of Fidelity International's fees

Fidelity International Fees snapshot
Assets Fee level Fee terms
US stock fee - Not available
EURUSD fee - Not available
US mutual fund fees Low Annual fee based on investments held: £45 flat fee under £7.5k and no monthly regular savings plan (RSP); 0.35% under £7.5k but with RSP, and between £7.5k-£250k; 0.20% between £250k-£1m; no fee on investments over £1m
Inactivity fee Low No inactivity fee

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Fidelity International fees
Fidelity International fees explained

Online brokerages in general charge much lower brokerage fees than traditional brokerages do - this is largely because online brokerages' businesses can be much better scaled: from a purely technical standpoint, it doesn't make that much of a difference for them if they have 100 or 5,000 clients.

This is not to say, however, that they don't charge any fees at all. They make money by charging you various rates for various actions or events. Usually you need to keep an eye on the following three types of fees:

  • Trading fees - these are brokerage fees that you pay when you actually carry out a trade, like buying an Apple share or an ETF. What you pay is either a commission, a spread or a financing rate. Some brokers apply all of these.
    • A commission is either fixed or based on the traded volume.
    • A spread is the difference between the buy price and the sell price.
    • A financing rate or overnight rate is charged when you hold your leveraged positions for more than one day.
  • Non-trading fees. These are usually related to some operations you carry out in your account, such as depositing money, withdrawing money, or not trading for an extended period.

We compare Fidelity International fees with its closest competitors, AJ Bell Youinvest and Halifax.

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Fidelity International fees
Fidelity International trading fees

Fidelity International's trading fees are low, which makes it suitable for you even if you trade often (i.e. several times a week).

Let's break down trading fees according to the different asset classes available at Fidelity International.

Trading fees

Fidelity International's trading fees are low.

Stock fees and ETF fees

Fidelity International has low stock trading fees.

Stock fees of a $2,000 trade
Fidelity International AJ Bell Youinvest Halifax
US stock - $12.9 $12.4
UK stock $13.0 $12.9 $12.4
German stock - $12.9 $12.4

Fund fees

Fidelity International fund fees are low.

Fees of a $2,000 fund purchase
Fidelity International AJ Bell Youinvest Halifax
Mutual fund $0.0 $2.0 $12.4
EU mutual fund - $1.8 -

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Fidelity International fees
Fidelity International non-trading fees

When it comes to non-trading fees, Fidelity International is a rather cheap broker.

Non-trading fees include various brokerage fees and charges at Fidelity International that are not related to buying or selling assets. This can be a withdrawal fee, deposit fee, inactivity fee or account fee.

A high-level overview of how Fidelity International stacks up in terms of non-trading fees
Fidelity International AJ Bell Youinvest Halifax
Withdrawal fee $0 $0 $0
Deposit fee $0 $0 $0
Inactivity fee No No No
Account fee No No Yes

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Fidelity International fees
Fidelity International deposit fee

Usually, brokers don't charge anything for deposits, and Fidelity International is no different.

Fidelity International deposit methods
Fidelity International AJ Bell Youinvest Halifax
Bank transfer Yes Yes Yes
Credit/debit card Yes Yes Yes
Electronic wallets No No No
Deposit fee $0 $0 $0

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Fidelity International fees
Fidelity International withdrawal fee

Fidelity International generally doesn't charge a withdrawal fee.

Fidelity International withdrawal fees and options compared
Fidelity International AJ Bell Youinvest Halifax
Bank transfer Yes Yes Yes
Credit/debit card Yes Yes Yes
Electronic wallets No No No
Withdrawal fee for bank transfer $0 $0 $0

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Fidelity International fees
Fidelity International inactivity fee

Fidelity International does not apply an inactivity fee, which is great because your account won't be charged even if you do not trade for an extended period (like several months or years).

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Author of this article

Tamás Deme

Author of this article

Tamás believes in clear and simple writing that is accessible to everyone. He has almost 20 years of experience as a financial journalist, as well as an editor and proofreader. He previously worked at Interfax news agency and wrote about M&A deals for EMIS DealWatch.

Tamás Deme

Content Editor

Tamás believes in clear and simple writing that is accessible to everyone. He has almost 20 years of experience as a financial journalist, as well as an editor and proofreader. He previously worked at Interfax news agency and wrote about M&A deals for EMIS DealWatch.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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