Fidelity Online Brokerage: Commission / Fee Structure
AAA
  1. Fidelity Online Brokerage: Introduction
  2. Fidelity Online Brokerage: Account Types and Minimum Deposits
  3. Fidelity Online Brokerage: Commission / Fee Structure
  4. Fidelity Online Brokerage: Analysis Tools
  5. Fidelity Online Brokerage: Additional Info/Features
  6. Fidelity Online Brokerage: Conclusion

Fidelity Online Brokerage: Commission / Fee Structure

Fidelity offers a wide array of products and services with differing costs to investors.

For its basic domestic stock brokerage service, Fidelity charges $7.95 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 $0.75 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

  1. Fidelity Online Brokerage: Introduction
  2. Fidelity Online Brokerage: Account Types and Minimum Deposits
  3. Fidelity Online Brokerage: Commission / Fee Structure
  4. Fidelity Online Brokerage: Analysis Tools
  5. Fidelity Online Brokerage: Additional Info/Features
  6. Fidelity Online Brokerage: Conclusion
RELATED TERMS
  1. Exchange-Traded Fund (ETF)

    A security that tracks an index, a commodity or a basket of assets ...
  2. Compound Annual Growth Rate - CAGR

    The Compound Annual Growth Rate (CAGR) is the mean annual growth ...
  3. Return On Investment - ROI

    A performance measure used to evaluate the efficiency of an investment ...
  4. Marginable

    Definition of "marginable."
  5. Systematic Manager

    A manager who adjusts a portfolio’s long and short-term positions ...
  6. Unconstrained Investing

    An investment style that does not require a fund or portfolio ...
RELATED FAQS
  1. What sectors are most similar to railroads?

    Sectors most similar to the railroad sector include trucking, parcel delivery, airlines, bus lines, maritime shippers and, ... Read Full Answer >>
  2. What does a high turnover ratio signify for an investment fund?

    If an investment fund has a high turnover ratio, it indicates it replaces most or all of its holdings over a one-year period. ... Read Full Answer >>
  3. What is the difference between passive and active asset management?

    Asset management utilizes two main investment strategies that can be used to generate returns: active asset management and ... Read Full Answer >>
  4. What does a futures contract cost?

    The value of a futures contract is derived from the cash value of the underlying asset. While a futures contract may have ... Read Full Answer >>
  5. What percentage of a diversified portfolio should large cap stocks comprise?

    The percentage of a diversified investment portfolio that should consist of large-cap stocks depends on an individual investor's ... Read Full Answer >>
  6. Why should an investor include an allocation to the telecommunications sector in ...

    An investor should include an allocation to the telecommunications sector in his portfolio, because telecom offers an investor ... Read Full Answer >>

You May Also Like

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!