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.
| Fidelity | E*TRADE | TD Ameritrade | |
|---|---|---|---|
| Stock and ETF | Low | Low | Low |
| Forex | - | - | Low |
| Fund | High | High | High |
| Bond | Low | Low | Low |
| Options | Low | Low | Low |
| Futures | - | Average | High |
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 | |
|---|---|
| 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 | E*TRADE | TD Ameritrade | |
|---|---|---|---|
| US stock | $0.0 | $0.0 | $0.0 |
| UK stock | $10.2 | - | - |
| German stock | $18.8 | - | - |
| 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 | |
|---|---|
| Mutual fund | $49.95 or $75 for buying while selling is free; some 3,600 free mutual funds |
Check out how Fidelity fund fees compare with the competition.
| Fidelity | E*TRADE | TD Ameritrade | |
|---|---|---|---|
| Mutual fund | $37.5 | $20.0 | $50.0 |
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 | |
|---|---|
| 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 | E*TRADE | TD Ameritrade | |
|---|---|---|---|
| US Treasury bond | $0.0 | $0.0 | $0.0 |
| 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 | |
|---|---|
| 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 E*TRADE and TD Ameritrade.
| Fidelity | E*TRADE | TD Ameritrade | |
|---|---|---|---|
| US stock index options | $6.5 | $6.5 | $6.5 |
| US stock options | $6.5 | $6.5 | $6.5 |
| 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 | E*TRADE | TD Ameritrade | |
|---|---|---|---|
| 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.
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