Bond pricing

At Fidelity, our bond pricing is clear, transparent, and low. Explore our bonds and learn more below.


Better bond pricing. Better investment 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.

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 bond selection

Fidelity makes it easier for you to choose bonds by offering over 150,000 bonds, combined with online analytical tools and bond market research.

Competitor bond prices vs. Fidelity. Why pay more?

You could save an average of $13 per bond by choosing Fidelity versus potentially spending more elsewhere—on average, when compared to top competitors, Fidelity’s prices were lower than other brokers 96% of the time.1

  Wells Fargo

Price average higher vs. Fidelity

Morgan Stanley

Price average higher vs. Fidelity

Merrill Lynch

Price average higher vs. Fidelity

Fidelity

Incremental purchase cost

1 Corporate bond $12.86 $16.59 $12.64 $1.00
1 Municipal bond $7.39 $16.98 $16.23 $1.00
Average Corporate/ Municipal bond price higher vs. Fidelity $10.12 $16.78 $14.43 —

Example of a hypothetical single bond purchased online based on average price differentials taken from the 2026 Corporate Insight study1 (PDF) commissioned by Fidelity.

Are you getting good prices on your bond trading?

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 (PDF) so it's visible before you trade.

Bond fee transparency

2018 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 (PDF).

Next steps

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