Overview of Fidelity fees and charges

It's safe to say that Fidelity's fees are low in general. They either don't charge a brokerage fee for things other brokers do charge for, or they only charge a small amount. This means that you can use Fidelity even in case you trade frequently like multiple times a week or daily.

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

Fidelity Fees snapshot
Assets Fee level Fee terms
US stock fee Low Free stock and ETF trading
EURUSD fee - 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

Fidelity fees
Fidelity fees explained

We compare Fidelity fees with its closest competitors, E*TRADE and TD Ameritrade.

Fidelity fees
Fidelity trading fees

Fidelity's trading fees are mid-tier which means you need to pay special attention to asset classes with high trading fees.

Let's break down the trading fees into the different asset classes available at Fidelity.

Trading fees

Fidelity's trading fees are low.

Stock fees and ETF fees

Fidelity has low stock trading fees.

Stock fees of a $2,000 trade
Fidelity E*TRADE TD Ameritrade
US stock $0.0 $0.0 $0.0
UK stock $10.2 - -
German stock $18.8 - -

Fund fees

Fidelity fund fees are high.

A $2,000 fund buy fees
Fidelity E*TRADE TD Ameritrade
Mutual fund $37.5 $20.0 $50.0
EU mutual fund - - -

Bond fees

Fidelity has low bond fees.

Bond fees of a $10,000 trade
Fidelity E*TRADE TD Ameritrade
US Treasury bond $0.0 $0.0 $0.0
EU government bond - - -

Options fees

Fidelity's options fees are low.

Stock index options fees of 10 contracts
Fidelity E*TRADE TD Ameritrade
US stock index options $6.5 $6.5 $6.5
UK stock index options - - -
German stock index options - - -

Financing rates

Fidelity financing rates are .

If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.

Fidelity yearly financing rates
Fidelity E*TRADE TD Ameritrade
Apple CFD financing rate - - -
Vodafone CFD financing rate - - -
EURUSD financing rate - - 3.2%
EURGBP financing rate - - 2.0%

Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.

Currency conversion fee

Fidelity will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The fee is charged as the following: 1% of value for orders <$100k.

Fidelity fees
Fidelity non-trading fees

When it comes to looking at all the non-trading fees Fidelity is a cheap broker. This means that they don't charge you a lot for non-trading related activities on your trading account, like withdrawal fee.

Non-trading fees include various brokerage fees and charges at Fidelity that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.

A high level overview of how Fidelity stacks up in non-trading fees
Fidelity E*TRADE TD Ameritrade
Withdrawal fee $0 $0 $0
Deposit fee $0 $0 $0
Inactivity fee No No No
Account fee No No No

Fidelity fees
Fidelity deposit fee

Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and Fidelity is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods Fidelity offers.

Fidelity deposit methods
Fidelity E*TRADE TD Ameritrade
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets Yes No No
Deposit fee $0 $0 $0

Fidelity fees
Fidelity withdrawal fee

Unlike some online brokers we have reviewed Fidelity does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.

Fidelity withdrawal fees and options compared
Fidelity E*TRADE TD Ameritrade
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets Yes No No
Withdrawal fee with bank transfer $0 $0 $0

Fidelity fees
Fidelity inactivity fee

Fidelity does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period (months or years).

Author of this article

Ádám Nasli

Author of this article

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo-trading, programming and trading.

Ádám Nasli

Analyst head

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo-trading, programming and trading.

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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