Commissions, Margin Rates, and Fees
Whether you trade stocks, options, bonds, or CDs, you'll receive competitive online commission rates—lower than Schwab, TD Ameritrade, and E*Trade.1
Download and print full details of our commissions and fees, including our low rates for online trades and our rates for automated telephone service (FAST®) or representative-assisted trades.
|All online U.S. equity trades
Any number of shares or trades
|$7.95 per trade|
All online options tradesBuy to close orders of $0.65 to $0.11
Buy to close orders of $0.10 or less NEW
|$7.95 per trade, plus
$0.75 per contract
|Purchase 70 iShares® ETFs online||$0|
|Purchase 11 Fidelity sector ETFs online||$0|
|Purchase 3 Fidelity active fixed income ETFs||$0|
|All other ETFs||$7.95 per trade|
Bonds and CDs
|Secondary Issues||$1.00 per bond3|
|U.S. Treasury Auctions online||$0|
|U.S. Treasury Auctions representative assisted||Flat fee of $19.95|
|No Transaction Fee (NTF) non-Fidelity funds:||$0 on purchase. $49.95 on redemption if held less than 60 days|
|Transaction Fee non-Fidelity funds:||$49.95 per purchase.** $0 on redemption|
*Other concessions or commissions may apply if traded with a Fidelity representative.
**Certain funds will have a transaction fee of $75. To identify any applicable transaction fees associated with the purchase of a given fund, please refer to the "Fees and Distributions" tab on the individual fund page on Fidelity.com
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 rate||Effective rate|
|$500,000+||Base – 2.825%||3.750%|
|$50,000–$99,999||Base + 0.50%||7.075%|
|$25,000–$49,999||Base + 1.00%||7.575%|
|$10,000–$24,999||Base + 1.50%||8.075%|
|$0–$9,999||Base + 2.00%||8.575%|
Note: All fees are per occurrence unless otherwise noted.
|Early IRA withdrawals||$0|
|Roth IRA conversion||$0|
|SIMPLE IRA annual fee||$25|
|Account closeout fee
Note: Excludes SIMPLE IRAs.
Cash management services
|Electronic funds transfer (EFT)||$0|
Note: Nominal fees may apply for specialty checks
|HSA check ordering||$10|
|Overnight check delivery||$0|
|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|
|Steaming Level II quotes||$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.
|Stock certificate transfer and ship||$100 per certificate‡|
|Mutual fund annual low balance fee||$12 per fund§|
|Foreign dividends and reorganizations||1% of principal|
|Reg T extension||$0|
* If you qualify for Premium, Private Client Group, or have household annual trading activity of 120 or more stock, bond, or options trades, Fidelity will not charge an ATM transaction fee and will reimburse itemized domestic fees charged when using the card at ATMs displaying the Visa®, Plus®, or Star® logos. Eligibility for these fee waivers and reimbursements is determined based on asset levels as of the end of each business day, and will be applied the following day. If your eligibility changes, your account may be charged the applicable fees without notice. Any reimbursements will be credited to your account the same day an ATM fee is debited from the account. In rare instances, ATM owners may not itemize fees, which may cause disruption of individual automatic rebates. Should this occur, please contact Fidelity. Note: There is a foreign transaction fee of 1% that is not waived or reimbursed, and will be included in the amount charged to your account.
† Waived for households with $250k or more in assets with Fidelity
‡ Waived for households with $1 million or more in assets with Fidelity, or $25,000 in assets with Fidelity and 120 trades per year
§ Waived for households with at least $25,000 in assets with Fidelity
Free commission offer applies to online purchases of Fidelity ETFs and select iShares ETFs in a Fidelity brokerage account. Fidelity accounts may require minimum balances. The sale of ETFs is subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). iShares ETFs and Fidelity ETFs are subject to a short-term trading fee by Fidelity if held less than 30 days.
ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund.
For iShares ETFs, Fidelity receives compensation from the ETF sponsor and/or its affiliates in connection with an exclusive long-term marketing program that includes promotion of iShares ETFs and inclusion of iShares funds in certain FBS platforms and investment programs. Additional information about the sources, amounts, and terms of compensation can be found in the ETF’s prospectus and related documents. Fidelity may add or waive commissions on ETFs without prior notice. BlackRock and iShares are registered trademarks of BlackRock Inc., and its affiliates.
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.
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.
System availability and response times may be subject to market conditions.