Fidelity offers a wide array of products and services with differing costs to investors.
For its basic domestic stock brokerage service, Fidelity charges $4.95 per online trade. Commissions for trades entered through Fidelity's automated phone service are $12.95, while broker-assisted trades carry a $32.95 commission. Additional fees (largely SEC-mandated fees) do apply.
|Figure 2: Fee summary for Fidelity\'s most popular accounts.|
For international trading, commissions vary with the market in question – with $19CAD for Canadian online trades, 3,000 yen for Japanese orders, and 9 pounds for U.K. stocks. Fidelity also charges fees for foreign exchange, with the fee tied to the amount involved (beginning at 1% of principal and dropping to below 0.3%). Trades in stocks not Depository Trust Company eligible carry an additional $50 fee.
For options trades, Fidelity charges the regular stock brokerage commission plus $0.65 per contract.
For secondary market transactions in fixed income instruments, Fidelity charges no concession (akin to commission) for Treasury securities and $1 per bond ($8 minimum) for online transactions and $1 per bond with a $19.95 minimum for broker-assisted trades.
For precious metals, Fidelity charges a sliding scale based upon the purchase/sale amount, ranging from 2.9% to 0.99% to purchase and 2% to 0.75% to sell. Fidelity also charges a quarterly storage fee for precious metals. (For related reading, see A Beginner's Guide To Precious Metals.)
Margin fees are likewise dependent upon the amount involved, with low balances carrying a 2% premium to the base rate and large balances getting a 2.825% discount.
Fidelity Online Brokerage: Analysis Tools
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