Fidelity is one of the largest US brokerages offering $0 commission trading, excellent research, and zero-expense-ratio index funds. Privately held since 1946.
✓ Pros
- $0 commissions on stocks/ETFs
- Zero-fee index funds
- Excellent research
- No account minimums
✗ Cons
- Options $0.65/contract
- Active Trader Pro desktop only
- International trading limited
Fees & costs
- Min. deposit
- €$0
- Trading
- $0 for stocks and ETFs, options $0.65/contract
- Stock fee
- $0
- Spread
- N/A (exchange-traded equities, commission-free)
- Deposits
- Free
- Withdrawals
- Free
- Inactivity
- None
Platforms & features
✓
Active Trader Pro
Advanced desktop platform for active traders
✓
Mobile App
Full-featured iOS and Android apps
✓
Fractional Shares
Buy stocks and ETFs in dollar amounts starting from $1
✗
Paper Trading
Practice trading with virtual money
✓
Zero-Fee Index Funds
Fidelity ZERO funds with 0% expense ratio
✓
Research Center
In-depth research from 20+ providers
✓
Retirement Planning
Full suite of IRA and 401k options
Who this fits best
✓ Long-term investors✓ retirement_savers✓ research_focused_investors
Note: options $0.65/contract.
Account opening steps
- 1.
Start Application
Visit Fidelity.com and click 'Open an Account' to begin the online application
- 2.
Verify Identity
Provide your Social Security Number, date of birth, and contact information
- 3.
Select Account Type
Choose from brokerage, IRA, or other account types based on your needs
- 4.
Fund Your Account
Link your bank account and transfer funds via ACH, wire, or check
- 5.
Start Investing
Access research tools and begin trading stocks, ETFs, and mutual funds
Frequently asked
What is the minimum deposit at Fidelity?
Fidelity has no minimum deposit requirement. You can open an account and start investing with any amount.
Is Fidelity safe and regulated?
Yes, Fidelity is regulated by the SEC and FINRA, and is a member of SIPC, which protects securities up to $500,000 (including $250,000 cash).
Does Fidelity offer commission-free trading?
Yes, Fidelity offers $0 commission trading on US stocks and ETFs. Options are $0.65 per contract.
What are Fidelity ZERO funds?
Fidelity ZERO funds are index mutual funds with 0% expense ratio, including FZROX (Total Market) and FZILX (International).
Can I buy fractional shares at Fidelity?
Yes, Fidelity offers fractional shares trading, allowing you to invest in stocks and ETFs with as little as $1.
Does Fidelity have a paper trading account?
No, Fidelity does not offer a dedicated paper trading or demo account for practice.
How do I transfer money to Fidelity?
You can fund your Fidelity account via ACH bank transfer (free), wire transfer, check, or mobile check deposit.
What retirement accounts does Fidelity offer?
Fidelity offers Traditional IRA, Roth IRA, SEP IRA, SIMPLE IRA, and 401(k) rollover accounts.