Fidelity fees explained

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Overview of Fidelity fees and charges

When trading or investing at an online broker, fees can have a big impact on your results, so it's good to know what kind of charges you'll be facing and how these compare to fees at other brokers.

If fees are your top concern, Fidelity is a good choice, as it has low fees in general. Check our toplist for cheaper brokers.

I found Fidelity's trading fees fairly average

Adam Nasli

Regulation • Fighting Scams • Market Analysis

I've personally tested dozens of global brokers, carefully looking at their fees not just on their website but also in the course of live trading. Here's how Fidelity fared:

Fidelity charges low fees for trading stocks and ETFs.
There is no inactivity fee even if you leave your account idle for a long time.
The basic withdrawal fee is $0, but some transactions may cost more.
Read our full review of Fidelity for info on safety, trading platforms and funding.

Fidelity fees at a glance
Assets	Fee level	Fee terms
US stock fee	Low	Free stock and ETF trading
EURUSD fee	-	FX not available
US tech fund fee	High	$49.95 or $75 for buying while selling is free; some 3,600 free mutual funds
Inactivity fee	Low	No inactivity fee

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We also liked the transparency of the fee structure.

Commission-free stock and ETF trading

This is the case when you trade US stocks. On the other hand, international stock trade fees are relatively high. Still, it is not common for US brokers to offer non-US stocks at all.
There is also a small charge on sell orders, as they are subject to an activity assessment fee of $0.01-$0.03 per $1,000 of principal.

Fidelity stock and ETF fees by market
	Fidelity Fidelity	ETRADE ETRADE	TD Ameritrade TD Ameritrade
UK stock fee Estimated commission of a $2,000 trade, assuming a $50 stock price	$11.3 £9 per trade	- Not available	- Not available
US stock Estimated commission of a $2,000 trade, assuming a $50 stock price	$0.0 Free stock and ETF trading	$0.0 Free stock and ETF trading	$0.0 Free stock and ETF trading
German stock Estimated commission of a $2,000 trade	$20.5 €19 per trade	- Not available	- Not available

Fidelity charges flat per-trade commissions on most international markets, as detailed in the table below.

Fidelity international stock and ETF commissions (per trade)
Market	Commission
North America
US	$0
Canada	CAD 19
Mexico	MXN 360
Europe
Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Portugal, Spain	€19
Denmark	DKK 160
Norway	NOK 160
Poland	PLN 90
Sweden	SEK 180
Switzerland	CHF 25
UK	£9
Asia, the Pacific and Africa
Australia	AUD 32
Hong Kong	HKD 250
Japan	JPY 3,000
New Zealand	NZD 35
South Africa	ZAR 225
Singapore	SGD 35

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Stock Fee Calculator

Confused about fees? Use this tool to see what the commission fee of a specific stock trade would be at Fidelity. To check and compare fees at other brokers, go to our main Fee calculator page.

Before doing so, check out our Privacy Policy and our General Terms and Conditions.

High margin rates

Fidelity annual margin rates
	Fidelity Fidelity	ETRADE ETRADE	TD Ameritrade TD Ameritrade
USD margin rate	13.6% Base rate + tiered markup. Markup is +1.25% for balance of 0-25k.	14.2% Base rate + tiered markup. Markup under $10,000: +2.50%	14.8% Base rate + tiered markup. Markup under $10,000: +1.25%

Fidelity's margin rate is volume-tiered. There is a base margin rate, plus a premium or a discount depending on the borrowed amount. At the time of the review, the base rate was 12.075%, resulting in the following financing rates:

Fidelity annual margin rate tiers
Debit Balance	Rate %	Base Rate +/-
$1,000,000+	9.000%	Base rate - 3.075%
$500,000 - $999,999	9.250%	Base rate - 2.825%
$250,000 - $499,999	11.575%	Base rate - 0.500%
$100,000 - $249,999	11.825%	Base rate - 0.250%
$50,000 - $99,999	11.875%	Base rate - 0.200%
$25,000 - $49,999	12.825%	Base rate + 0.750%
Under $25,000	13.325%	Base rate + 1.250%

*Effective since September 23, 2022

Low options commission

They cost $0.65 per contract.

Fidelity stock index options commission
	Fidelity Fidelity	ETRADE ETRADE	TD Ameritrade TD Ameritrade
US stock index options Estimated commission for 10 contracts	$6.5 $0.65 fee per contract	$6.5 $0.65 fee per contract; $0.50 with 30+ trades per quarter	$6.5 $0.65 per contract

No inactivity fee, no withdrawal fee

There are no inactivity or account fees. There are also no withdrawal fees for ACH and USD wire withdrawals. Non-USD wire withdrawals however cost 3% of the amount you withdraw. In our review, we tested an electronic (ACH) withdrawal, which worked without any problem.

Fidelity inactivity, withdrawal and other fees
Broker	Inactivity fee	Withdrawal fee
Fidelity		$0
E*TRADE		$0
TD Ameritrade		$0

In addition, there is a currency conversion fee if you trade an international stock that is denominated in a currency other than your account's currency. The currency conversion fee depends on the amount you trade.

Fidelity currency conversion fee
Amount you trade	Cost (% of the traded amount)
Less than $100k	1.00%
$100k - <$250k	0.75%
$250k - <$500k	0.50%
$500k - <$1 million	0.35%
Above $1 million	0-0.20%

Other commissions and fees

You can find Fidelity's fees for other asset classes below. Click 'Show more' for details.

High mutual fund commission

This is the case for transaction-fee and non-Fidelity funds. Fidelity offers around 3,500+ free mutual funds. However, If you sell these funds within 60 days of purchase, a $49.95 fee is charged.
For all other funds, a purchase costs either $49.95 or $75, depending on the fund. We used $75 in our calculations because most popular non-Fidelity funds are charged this amount. You are only charged a fee for purchasing a fund, not when selling. That is why we halved Fidelity's fee (from $75 to $37.5), to make it comparable with other brokers that charge both for buying and selling.

Fees for a $2,000 fund purchase
	Fidelity Fidelity	ETRADE ETRADE	TD Ameritrade TD Ameritrade
Mutual fund Estimated commission of a $2,000 US domiciled fund trade	$37.5 $49.95 or $75 for buying while selling is free; some 3,600 free mutual funds	$0.0 $0 ca. 4,500 free mutual funds	$50.0 $49.95 per transaction, although there are also ca. 4,000 free funds

Low bond commission

Bond fees vary by bond type. We calculated the fees for Treasury bonds traded on the secondary market.

Fees for a $10,000 bond trade
	Fidelity Fidelity	ETRADE ETRADE	TD Ameritrade TD Ameritrade
US Treasury bond Estimated commission of a $10,000 US treasury bond trade	$0.0 $0 for Treasury bonds, and $1 per bond with a $250 max for other bonds	$0.0 $0 for Treasury bonds, other bonds secondary transaction fee: $1/bond, min $10, max $250.	$0.0 $0 for Treasury bonds, other bonds are marketed on a net yield basis. UITs are subject to a placement fee from issuer.

Interest earned on uninvested cash

Fidelity does not require a minimum amount of cash to be held in your account to pay interest. The broker will move your uninvested cash into an interest bearing account at one or more program banks to earn interest. Your cash will be protectd by FDIC insurance.

As of the time of the review, Fidelity provides the following interest rate on uninvested cash:

2.7% APY for USD

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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.