A better bond-buying experience

Do you know how much your broker charges for bond trading? At Fidelity, our bond pricing is clear, transparent, and low. Explore our bonds, or learn more below.

Why pay more?

See how Fidelity's mark-up per bond compares to the competition for potential cost savings.*
  Morgan Stanley

Average mark-up per bond

Wells Fargo

Average mark-up per bond

TD Ameritrade

Average mark-up per bond

Merrill Lynch

Average mark-up per bond

Fidelity

Actual mark-up per bond

Corporate bonds $22 $21 $10 $15 $1
Municipal bonds $7 $12 $10 $13 $1
Example trade: 22 bonds $160–$485 $280–$470 $230–$240 $305–$340 $22

The average mark-up per bond shown in the table is taken from a March 2018 study by Corporate Insight. This illustrates how you could save $13 per bond by choosing Fidelity versus potentially spending essentially 14 times more elsewhere.

Are you getting a good price?

If bonds are central to your investing approach, a lack of clarity from brokers can be frustrating. Fidelity consistently strives to provide value and transparency and we publish our complete bond trading mark-up schedule so it’s visible before you trade.

Fee transparency

Recent regulations require that broker-dealers share how much they charge for any mark-up per bond or mark-down per bond after the trade. As you consider your options for trading bonds, review your confirms for your bond costs.

Better pricing. Better value.

A transparent $1 mark-up per bond

Unlike many of our competitors who don't tell you before your trade what they'll charge you, at Fidelity you pay just $1 per bond mark-up online.

Bond knowledge

Our fixed income specialists are here to answer your questions, while helping you make sure the bonds you choose are a good fit for your strategy.

Extensive selection

Fidelity makes it easier for you to choose bonds by offering over 50,000 bonds, combined with online analytical tools and bond market research.

Next steps

Ready to get started?

Contact a fixed income specialist
800-544-5372