Fidelity Fees Schedule, Brokerage Account Commissions and Margin Rates

2019 Fidelity Investments fees schedule, commissions, broker stock trading cost, annual and inactivity charges, online investing account pricing, and cash sweep and margin rates.

Fidelity Fees Structure

Investments	Commissions
Stocks and ETFs	$4.95
Stocks and ETFs broker assisted	$29.95
Options	$4.95 + $0.65 per contract
Mutual funds	$49.95 to buy; $0 to sell. $49.95 if sold within 60 days
Bonds and CDs (new issues)	on a net yield basis
Bonds and CDs (secondary issues)	$1.00 per bond ($250 maximum)

Investments	stocks, bonds, mutual funds, options, commercial paper, UITs, ETFs
Fidelity minimum deposit to open account	$2,500 ($0 for Rollover IRA; $2,500 or $200 per month for ROTH and Traditional IRA)
Promotion link	Fidelity promotions

Fidelity IRA Fees

Fee	Amount
Fidelity IRA setup fee	$0
Fidelity annual IRA fee	$0
SIMPLE IRA annual fee	$25
Fidelity IRA termination fee	$50
Fidelity account maintenance fee	$0
Fidelity account inactivity fee	$0
Fidelity outbound full account transfer (ACAT) fee	$0
Fidelity outbound partial account transfer fee	$0

Fidelity Investments Margin Rates

The margin rate you pay depends on your outstanding margin balance - the higher your balance, the lower the margin rate you are charged.

Debit Balance	Margin Interest Rates
above $1,000,000	5.500%
$500,000 – $999,999	5.750%
$100,000 – $499,999	8.075%
$50,000 – $99,999	8.325%
$25,000 – $49,999	8.375%
$10,000 – $24,999	9.325%
$0 – $9,999	9.825%

Fidelity Fees: Account Maintenance

Electronic statements	$0
Monthly statements	$0
Trade confirms	$0
Replacement statement	$0
Replacement confirm	$0
Fidelity ACAT fees	$0

Fidelity Annual Fee

Fidelity does not charge annual fee for regular brokerage individual or joint taxable accounts. The firm also does not have annual IRA fee (except for $25 annual SIMPLE IRA fee). There are no monthly account charges.

Fidelity Inactivity and Maintenance Fee

Fidelity Investments does not charge account inactivity and maintenance fees.

Fidelity Hidden Fees

Article listing Fidelity hidden charges is here.

Fidelity Cash Management Services Fees

Electronic funds transfer (EFT)	$0
Fidelity BillPay	$0
Check copies	$0
Returned check	$15
Stop payment	$15
Check ordering Note: Nominal fees may apply for specialty checks	$0
HSA check ordering	$10
Overnight check delivery	$0
Cashier's check	$10^**
Debit card annual fee	$0
Fidelity Cash Management Account ATM fee	$0
Fidelity Cash Management Account ATM bank surcharge	Reimbursed
The Fidelity Account ATM fee	$0 for first 5 transactions per month $1 per transaction thereafter*
The Fidelity Account ATM bank surcharge	Varies*
Bank wire	$10 online $15 through a representative^***
Foreign exchange wire	Up to 3% of principal

Fidelity Fees in PDF

Fidelity Investments listed its fees in this document.

Fidelity Investing Fees

Real-time quotes	$0
Streaming quotes	$0
Steaming Level II quotes	$0
Streaming news	$0
Transfer of assets	$0
Mandatory corporate reorganization	$0
Voluntary corporate reorganization	$38^***
Depository Foreign Trust Company (DTC) foreign settlement fee Note: Fee is per trade for foreign ordinary stock that is not DTC eligible.	$50
Stock certificate transfer and ship	$100 per certificate^***
Mutual fund annual low balance fee	$12 per fund^****
Foreign dividends and reorganizations	1% of principal
Margin liquidation	$32.95
Reg T extension	$0

Comparison

Broker Fees	Stock/ETF Commission	Mutual Fund Commission	Options Commission	Maintenance Fee	Annual IRA Fee
Ally Invest	$4.95	$9.95	$4.95 + $0.65 per contract	$0	$0
Fidelity	$4.95	$49.95	$4.95 + $0.65 per contract	$0	$0
TD Ameritrade	$6.95	$49.95	$6.95 + $0.75 per contract	$0	$0
Firstrade	$0	$0	$0	$0	$0

Broker Review	Cost	Investment Products	Trading Tools	Customer Service	Research	Overall Rating
Ally Invest
Fidelity
TD Ameritrade
Firstrade

Fidelity Mutual Fund Commissions

Transaction-fee funds at Fidelity normally cost $49.95. This charge is only applied to purchases. The exact commission a mutual fund carries is displayed on its information page on Fidelity's website. In either case, the fee is not applied to sales or exchanges. A round-trip will average either $24.98 or $37.50 per leg. In either case, several other firms are cheaper, including Ally Invest, which charges $9.95 per transaction.

Fidelity Mutual Fund Fees

Every mutual fund at Fidelity has at least a $2,500 minimum initial purchase requirement. Certain funds have higher minimums. For example, some Fidelity institutional class funds have minimums as high as $10,000,000. American Century has several funds with a $5,000,000 minimum, and John Hancock requires $250,000 purchase amounts in several funds. Most mutual funds on the Fidelity website have a $2,500 minimum.

Sorting through the various offerings is easy using Fidelity's user-friendly mutual fund screener. It returns over 11,500 funds that are open to new investors. Of these, roughly 3,600 come with no transaction fee. Several criteria can be chosen to search with, such as turnover ratio, inception date, standard deviation, and more. The screener's results can be sorted by various categories, including expense ratio, NTF status, Morningstar category, and more.

The broker does impose a short-term redemption fee of $49.95 each time an NTF fund is sold less than 2 months after purchase. This charge is applied to self-directed online sales, and is in addition to any charge the mutual fund itself levies. The purpose of the fee is to discourage short-term trading of fund shares, which increases a mutual fund's overhead.

Fidelity Fees

Using a live agent over the phone to complete a sale in less than 60 days incurs a charge of 0.75% of principal, with a $250 maximum and a $100 minimum. Utilizing the broker's automated phone system reduces these costs by 25%.

Fidelity does offer some exceptions to its short-term redemption fee policy. Fidelity funds are exempt, as are money market funds, automatic withdrawals, and all funds with loads. Also, some funds with short-term objectives may be exempt.

Fidelity charges $5 for each acquisition of additional shares of a pre-existing mutual fund holding that is signed up for automatic purchases.

A pre-screened group of mutual funds called Fund Picks From Fidelity is available to all the broker's clients. These securities are screened by Fidelity's investment professionals every quarter to ensure the funds beat their peers on a risk-adjusted basis.

Fidelity Review and Website Link

Read detailed Fidelity Investments Review.

Fidelity Investments fees are as of 2019 and are subject to change. For the most recent information on Fidelity fees go to their website: