$0 commission trades
With smarter technology, a broad range of investments, independent research—we can help you trade smarter.
Get the most from every trade
$0 commissions1 for online US stock, ETF, and option trades. Get margin rates as low as 8.75%.2
Broad choice of investments
Access a range of investments including stocks, options, ETFs, mutual funds, bonds, CDs, IPOs, and precious metals.
Powerful tools & research
In-depth research from 20+ independent providers, education, and smarter trading technology like Active Trader Pro®.
|ZERO expense ratio index mutual funds3||Yes||No||No||No|
|Fractional share trading with access to more than 7,000 US Stocks and ETFs*||Yes||S&P 500 only||No||No|
|Can save investors $19.24 on average for a 1,000 share equity order4 compared to the industry average of $4.65.||Yes||?||?||?|
|Lowest published margin rates5||8.75%||11.325%||12.25%||11.70%|
Table compares pricing for retail investors.
? = Ask your broker.
Fidelity calculates $19.24 based on all market and marketable limit orders.4
*For fractional share trading, Fidelity’s minimum transaction value is $1.00. Schwab requires a minimum transaction value of $5.00. TD Ameritrade and E*TRADE do not offer fractional share trading. All data are sourced from public websites as of March 24, 2023 and subject to change.
Rated #1 for
Rated Overall Best Online Broker7
Best Online Broker8
Best Online Broker for Beginning Investors • Best App for Investing9
Best Online Broker • Best Broker for Low Costs10
Get the Active Trader advantage
Access our exclusive suite of sophisticated tools, services, and resources to help you unlock your full trading potential. You’ll also get access to our cutting-edge desktop trading platforms.
Tools that help you make smarter decisions
From desktop to phones, we've made it easier for you to find investments that match your criteria or easily access predefined third-party expert screens.
Stock Research Dashboard
Discover and validate investment opportunities through third-party expert research and data visualization tools, including fundamental and technical data, social trends, advanced charts, and more.
Active Trader Pro®
Spot buying opportunities with interactive charting. Create potential profit & loss scenarios that help you know when to sell. Working directly from the charts, you can buy, sell, and place alerts.
Investment choices to fit your strategy
No matter what you are saving for, whether it's retirement or any other goals, we offer you a broad range of options to fit your needs. With low rates, powerful tools, and research, we'll help provide the edge you need to trade with confidence.
We offer domestic and international stocks, real estate investment trusts, initial public offerings, and more. All online US stock trade commissions are $0.
We'll help you find, analyze, and implement options trades. Just $0.65 per contract with commission-free trades, plus margin rates as low as 8.75%.
Bonds & CDs
Choose from 75,000 new issue and secondary market bonds and CDs, and over 120,000 total offerings quotations when including our depth of book. Only $1 per bond mark-up/mark-down for secondary bond trading, $0 for US Treasuries online.
Our diverse offering includes 3 active equity ETFs*, 11 Fidelity sector ETFs, 5 Fidelity bond ETFs, and 14 Fidelity factor ETFs. All online ETF trades are $0.
With 70 years of experience and over 200 million investors, we offer 10,000+ Fidelity and non-Fidelity mutual funds covering companies worldwide.
Get targeted exposure to the stocks of companies in specific segments with the largest selection of actively managed sector funds in the industry.
Investing with a basket of stocks is faster and easier than ever
Create your custom index of stocks and ETFs, trade with one click, and invest with as little as $1 per security with Fidelity Solo FidFoliosSM. You're in control.Get started
Find out what others are saying about us
Read what customers have to say about their experiences with us.
Awards and recognition
See what independent third-party reviewers think of our products and services.
$0.00 commission applies to online U.S. equity trades, exchange-traded funds (ETFs), and options (+ $0.65 per contract fee) in a Fidelity retail account only for Fidelity Brokerage Services LLC retail clients. Sell orders are subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). 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. See Fidelity.com/commissions for details. Employee equity compensation transactions and accounts managed by advisors or intermediaries through Fidelity Institutional® are subject to different commission schedules.
Minimum markup or markdown of $19.95 applies if traded with a Fidelity representative. For U.S. Treasury purchases traded with a Fidelity representative, a flat charge of $19.95 per trade applies. A $250 maximum applies to all trades, reduced to a $50 maximum for bonds maturing in one year or less. Rates are for U.S. dollar-denominated bonds; additional fees and minimums apply for non-dollar bond trades. Other conditions may apply; see Fidelity.com/commissions for details. Please note that markups and markdowns may affect the total cost of the transaction and the total, or "effective," yield of your investment. The offering broker, which may be our affiliate, National Financial Services LLC, may separately mark up or mark down the price of the security and may realize a trading profit or loss on the transaction.
8.75% rate available for debit balances over $1,000,000. Fidelity's current base margin rate, effective since 3/24/2023, is 11.825%.
Based on data from IHS Markit for SEC Rule 605 eligible orders executed at Fidelity between January 1, 2022 and December 31, 2022. The comparison is based on an analysis of price statistics that include all SEC Rule 605 eligible market and marketable limit orders of 100–1,999 shares. For both the Fidelity and Industry savings per order figures used in the example, the figures are calculated by taking the average savings per share for the eligible trades within the respective order size range and multiplying each by 1000, for consistency purpose. Fidelity's average retail order size for SEC Rule 605 eligible orders (100–9,999 shares) during this time period was 773 shares. The average retail order size for the Industry for the same shares range and time period was 408 shares. Price improvement examples are based on averages and any price improvement amounts related to your trades will depend on the particulars of your specific trade.
Margin Rates: Effective since 3/24/2023, Fidelity 8.75% for balances over $1,000,000. Effective since 3/24/2023, Schwab 11.325% for debit balances of $250,000 to $499,999.99. Call Schwab for rates on debit balances above $499,999.99, as its rates are not published for anything above this amount. Effective since 3/23/2023, E*Trade 11.70% for debit balances of $250,000 to $499,999.99. Call E*Trade for rates on debit balances above $499,999.99, as its rates are not published for anything above this amount; Effective since 3/24/2023, TD Ameritrade 12.25% for debit balances of $250,000 to $499,999.99. Call TD Ameritrade for rates on debit balances above $499,999.99, as its rates are not published for anything above this amount. Fidelity's current base margin rate is 11.825%.
StockBrokers.com 2022 Online Broker Review, January 2022: Fidelity was ranked No. 1 overall out of 15 online brokers evaluated in the StockBrokers.com 2022 Online Broker Review.
Investor's Business Daily®, January 2022: Best Online Brokers Special Report. Fidelity was named Best Overall Online Broker, and also first in Trade Execution Speed, Website Security, Site Performance, Research Tools, and Investment Research. Results based on having the highest Customer Experience Index within the categories composing the survey, as scored by 5,000 respondents. The survey was conducted by Investor's Business Daily's polling partner, TechnoMetrica Market Intelligence. © Investor's Business Daily, Inc. All rights reserved.
Kiplinger’s magazine, August 2021 Online Broker Survey. Fidelity was ranked No. 1 overall out of nine online brokers. Results based on ratings in the following categories: Commissions and fees, Investment choices, Mobile app, Tools, Research, Advisory services and Customer service. Also named Best for Investment choices, Tools and Advisory services in the 2021 survey. From Kiplinger's Personal Finance. © 2021 The Kiplinger Washington Editors. All rights reserved. Used under license.
Fidelity was named NerdWallet's 2022 winner for Best Online Broker for Beginning Investors, Best Online Broker for IRA Investing and Best App for Investing. Results based on evaluating 16 brokers per category. ©2017-2022 and TM, NerdWallet, Inc. All Rights Reserved.
Investopedia, January 2022: Fidelity was named the #1 Overall Online Broker and Best Broker for Low Costs among 23 brokers reviewed.
News, commentary, and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that the information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from its use.
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.
Because of their narrow focus, sector investments tend to be more volatile than investments that diversify across many sectors and companies.
System availability and response times may be subject to market conditions.