Can I buy ETFs at Fidelity as of December 2023?
Yes, you can buy ETFs at Fidelity.
How to reduce risk with ETFs
I've thoroughly tested Fidelity services with our analyst team by opening a real-money account and these are my most important findings:
- Diversification is an important aspect in investing
- With ETFs you can easily diversify your portfolio
- The cost of trading ETFs at Fidelity is low
One thing that keeps many investors awake at night is that they will lose money because of investing in the wrong assets. The easiest way to minimize that risk is to diversify your investments - that is, to buy as many different assets as possible, preferably across several asset types.
If that sounds like too much trouble, then ETFs, or exchange-traded funds, may just be the right investment for you. In short, ETFs are funds that invest in many different securities (often hundreds of them). By buying a single ETF, you're basically investing in all of those underlying assets. In essence, the ETF provider is doing the diversification for you.
Some ETFs focus on a specific sector, region or commodity, while others have much broader coverage. It's up to you how deep you want to diversify your holdings. And you can always diversify further by buying several different ETFs; the best brokers offer hundreds of ETFs to choose from.
Is it worth buying ETFs at Fidelity?
Yes, Fidelity is a good place to buy ETFs, because of their low costs.
💰 Fidelity ETF trading fees class | Low |
📃 Fidelity number of available ETFs | 2,500 |
💰 Fidelity withdrawal fee | $0 |
💰 Fidelity minimum deposit | $0 |
💰 Fidelity inactivity fee | No |
📃 Fidelity deposit methods | Bank transfer, PayPal, Venmo, Apple Pay |
🗺️ Country of regulation | USA |
🎮 Fidelity demo account provided | Yes |
Data updated on December 5, 2023
At Fidelity there is a vast amount of ETFs to choose from. This provides investors the opportunity to diversify their portfolio more easily.
At BrokerChooser, we only publish objective analyses based on live testing. Every recommendation is unbiased and based on first-hand experience: we open a live account anonymously at each broker, deposit real money and test every important feature.
To learn more, read our comprehensive guide to portfolio diversification, including pros, cons and the most popular strategies.
FAQ
Are ETFs a good investment?
ETFs are usually considered to be low-risk assets. Investing in ETFs can help in building a diversified portfolio.
Are ETFs good for beginners?
ETFs are usually considered to be low-risk assets. Investing in ETFs can help in building a diversified portfolio.
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
Further reading
- Diversifying your investments
- Fidelity stock conditions as of September 2023 explained
- Fidelity penny stocks trading conditions explained as of September 2023
- Fidelity bond availability as of September 2023
- Fidelity fractional shares trading conditions explained as of September 2023
- Fidelity cash interest rate as of September 2023
- Fidelity ESG investing September 2023
- Fidelity invest $100,000 as of September 2023
- Fidelity IPO accessibility
- Fidelity Mexican stocks trading availability October 2023
- Fidelity US stock trading details October 2023