Overview of Fidelity fees and charges

We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.

  • Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
  • Spread: it denotes the difference between the bid and ask price. When you trade forex or CFDs, spreads can make up a significant part of your trading costs.
  • Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
  • Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.

Now, let's dive into the details and see what commissions, spreads, and financing rates Fidelity charges.

Fidelity commission and other fees
Fidelity commission and other trading fees

The good news is that Fidelity has low trading fees in general. We ranked the fees of Fidelity as low, average, or high based on how they compare with all reviewed brokers.

Check out this table to get an overview of whether Fidelity commissions, spreads, and financing rates for each asset class are low/average/high.

Classification of Fidelity commission and other trading fees
Fidelity Merrill Edge Ally Invest
Stock and ETF Low Low Low
Forex - - -
Fund High High Low
Bond Low Low Low
Options Low Average Low
Futures - - -

Now let's go over the trading fees for each asset class one by one.

Fidelity stock and ETF commissions, spreads

Fidelity stock and ETF commissions are low. Fidelity stock and ETF commissions are charged as per the table below.

Fidelity stock and ETF commission
Fidelity
US stock Free stock and ETF trading
UK stock £9 per trade
German stock €19 per trade
Indian stock Not available

You can compare Fidelity stock and ETF fees with the two closest competitors.

Fidelity stock and ETF commission, spreads vs competitors
Fidelity Merrill Edge Ally Invest
US stock $0.0 $0.0 $0.0
UK stock $12.6 - -
German stock $22.8 - -
Indian stock - - -

Stock and ETF commissions are calculated for a $2,000 trade

Fidelity fund commissions

Fidelity fund commissions are high. The table below shows how Fidelity fund commissions are calculated.

Fidelity fund commissions
Fidelity
Mutual fund $49.95 or $75.0 for buying while selling is free; some 3,600 free mutual funds

Check out how Fidelity fund fees compare with the competition.

Fidelity fund commissions
Fidelity Merrill Edge Ally Invest
Mutual fund $37.5 $20.0 $10.0

Fund commissions are calculated for a $2,000 trade

Fidelity bond commissions

Fidelity bond commissions are low. The table below contains the description of Fidelity bond commissions.

Fidelity bond commissions
Fidelity
US Treasury bond $0 for Treasury bonds, and $1 per bond with a $250 max for other bonds
EU government bond Not available

See how Fidelity bond fees stack up against the competition.

Fidelity bond commissions vs competitors
Fidelity Merrill Edge Ally Invest
US Treasury bond $0.0 $0.0 $10.0
EU government bond - - -

Bond commissions are calculated for a $10,000 trade

Fidelity options commissions

You can see below the description of Fidelity options commissions. Fidelity options fees are low.

Fidelity options commissions
Fidelity
US stock index options $0.65 fee per contract
US stock options $0.65 fee per contract
UK stock index options Not available
German stock index options Not available

Compare options commissions charged by Fidelity with those of Merrill Edge and Ally Invest.

Fidelity options commissions vs competitors
Fidelity Merrill Edge Ally Invest
US stock index options $6.5 $6.5 $5.0
US stock options $6.5 $6.5 $5.0
UK stock index options - - -
German stock index options - - -

Options commissions are calculated for 10 contracts

Fidelity commission and other fees
Fidelity non-trading fees

In addition to trading fees, it's important to see if Fidelity charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by Fidelity with its two closest competitors.

Fidelity non-trading fees vs competitors
Fidelity Merrill Edge Ally Invest
Deposit fee $0 $0 $0
Withdrawal fee $0 $0 $0
Account fee No No No
Inactivity fee No No No

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

Fidelity commission and other fees
Bottom line

Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by Fidelity and its closest competitors. To learn more about Fidelity, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.

If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.

Author of this article

Ádám Nasli

Author of this article

Ádám is a motivated finance expert with over two years of experience in banking and investment, and a professional degree in this field. He's eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible.

Ádám Nasli

Broker Expert

Ádám is a motivated finance expert with over two years of experience in banking and investment, and a professional degree in this field. He's eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible.

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

Share

Comments

×