The Fidelity Account^®

1. Applies to online U.S. equity trades, exchange-traded funds (ETFs), and options. $0 commission does not apply to customers designated by Fidelity as a Professional Equity Trader who are subject to an equity commission charge of $0.001 per share rounded up to the nearest $0.01 on a per order basis. Online option trades are subject to a $0.65 per contract fee, except for accounts designated as a Professional Options Trader under exchange rules, which are subject to an additional $0.50 per contract fee. Certain proprietary exchange options are subject to additional fees. For complete details on pricing please see here. A limited number of ETFs are subject to a transaction-based service fee of $100. See full list of ETFs subject to this service fee. There is an Options Regulatory Fee that applies to both option buy and sell transactions. The fee is subject to change. Other exclusions and conditions may apply. Employee equity compensation transactions and accounts managed by advisors or intermediaries through Fidelity Institutional are subject to different commission schedules.

Images are for illustrative purposes only.

Stock markets are volatile and can fluctuate significantly in response to company, industry, political, regulatory, market, or economic developments. Investing in stock involves risks, including the loss of principal.

Exchange-traded products (ETPs) are subject to market volatility and the risks of their underlying securities, which may include the risks associated with investing in smaller companies, foreign securities, commodities, and fixed income investments. Foreign securities are subject to interest rate, currency exchange rate, economic, and political risks, all of which are magnified in emerging markets. ETPs that target a small universe of securities, such as a specific region or market sector, are generally subject to greater market volatility, as well as to the specific risks associated with that sector, region, or other focus. ETPs that use derivatives, leverage, or complex investment strategies are subject to additional risks. The return of an index ETP is usually different from that of the index it tracks because of fees, expenses, and tracking error. An ETP may trade at a premium or discount to its net asset value (NAV) (or indicative value in the case of exchange-traded notes). The degree of liquidity can vary significantly from one ETP to another and losses may be magnified if no liquid market exists for the ETP's shares when attempting to sell them. Each ETP has a unique risk profile, detailed in its prospectus, offering circular, or similar material, which should be considered carefully when making investment decisions.

2. Zero account minimums and zero account fees apply to retail brokerage accounts only. Fidelity may apply a quarterly Residual Balance Maintenance Fee of up to $5 to brokerage accounts with residual balances below $100 that are not invested (other than in a core position) and have not been used for any financial transactions other than core dividend and interest payment and/or reinvestment in over a year. Expenses charged by investments (e.g., funds, managed accounts, and certain HSAs) and commissions, interest charges, or other expenses for transactions may still apply. See Fidelity.com/commissions for further details.

3. Fidelity Trader+ is available for free; however, fees associated with your account positions or transacting in our account may apply.

Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options. Supporting documentation for any claims, if applicable, will be furnished upon request.

Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.

ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses.

Fidelity Crypto^® is offered by Fidelity Digital Assets^®.

Investing involves risk, including risk of total loss.

Crypto as an asset class is highly volatile, can become illiquid at any time, and is for investors with a high risk tolerance. Crypto may also be more susceptible to market manipulation than securities.  Crypto is not insured by the Federal Deposit Insurance Corporation, the Securities Investor Protection Corporation, or any other government agency, and is not an obligation of any bank. Investors in crypto do not benefit from the same regulatory protections applicable to registered securities.

Fidelity Crypto® accounts and custody and trading of crypto in such accounts are provided by Fidelity Digital Assets, National Association, which is a national trust bank.

Brokerage services in support of securities trading are provided by Fidelity Brokerage Services LLC (“FBS”), and related custody services are provided by National Financial Services LLC (“NFS”), each a registered broker-dealer and member NYSE and SIPC.

Neither FBS nor NFS offer crypto as a direct investment nor provide trading or custody services for such assets.

Fidelity Crypto and Fidelity Digital Assets are registered service marks of FMR LLC.

Investing in bonds involves risk, including interest rate risk, inflation risk, credit and default risk, call risk, and liquidity risk.

Margin trading entails greater risk, including, but not limited to, risk of loss and incurrence of margin interest debt, and is not suitable for all investors. Please assess your financial circumstances and risk tolerance before trading on margin. Margin credit is extended by National Financial Services, Member NYSE, SIPC.

7.50% rate available for debit balances over $1,000,000. Fidelity's current base margin rate, effective since 12/12/2025, is 10.575%.

4. Fidelity was named NerdWallet's 2026 winner for Best Broker for Beginning Investors, Best App for Investing (based on evaluation of 21 brokers), and Best Robo-Advisor for Low-Cost Investing (based on evaluation of 14 brokers.) ©2017-2026 and TM, NerdWallet, Inc. All Rights Reserved.

5. StockBrokers.com 2026 Annual Awards, January 2026: Fidelity was ranked within top 5 overall out of 14 online brokers evaluated in the StockBrokers.com 2026 Annual Awards. Fidelity was also ranked #1 in the categories of Research, Education, Beginners, and Retirement Accounts. Brokers were each assessed within seven primary categories: Range of Investments, Research, Mobile Trading Apps, Education, Ease of Use, Advanced Trading, and Overall.

6. Kiplinger's magazine, August 2025 Online Broker Survey. Fidelity was ranked No. 1 overall out of nine online brokers. Results based on ratings in the following categories: Fees, Investment choices, Mobile app, Tools & Education, Research, Advisory services, and Customer service & security. Also named best for advisory services in the 2025 survey. From Kiplinger Personal Finance. ©2025 The Kiplinger Washington Editors. All rights reserved. Used under license.

System availability and response times may be subject to market conditions.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917

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