Fidelity fees in 2026 are, for most investors, remarkably low — but “low” doesn’t mean “zero across the board.” Stock and ETF trades cost nothing. Options contracts run $0.65 each. The robo-advisor is free under $25,000. And Fidelity’s zero-expense-ratio index funds are genuinely fee-free to hold. That said, margin borrowing, wire transfers, and some account services still carry real costs that are easy to overlook.
This guide breaks down every major Fidelity fee category so you know exactly what you’re paying — and what you’re not.
Quick Fee Reference Table
| Fee Category | Fidelity Cost |
|---|---|
| US stocks & ETFs (online) | $0 |
| Options (per contract) | $0.65 |
| Mutual funds (NTF list) | $0 |
| Mutual funds (off NTF list) | $49.95 per transaction |
| Account minimum (brokerage) | $0 |
| Fidelity Go (under $25K AUM) | 0% |
| Fidelity Go (over $25K AUM) | 0.35% annually |
| FXAIX expense ratio | 0.015% |
| FZROX expense ratio | 0% |
| Wire transfer (outgoing domestic) | $10 |
| Wire transfer (outgoing international) | $15 |
| Paper statement fee | $0 (waived for most accounts) |
| Margin interest (varies by balance) | 9.25%–13.575% |
Trading Fees
Stocks and ETFs
Fidelity charges $0 commission on US stock and ETF trades placed online. This applies to market orders, limit orders, and most standard trade types — no minimum order size, no inactivity fee, no hidden per-share charge.
Phone-assisted trades carry a $32.95 service fee, which is worth knowing if you ever prefer to call in an order.
Options
Options trades cost $0.65 per contract with no base commission. That puts Fidelity in line with Schwab ($0.65/contract) and slightly cheaper than some specialty brokers. There’s no exercise or assignment fee, which used to be a common charge across the industry.
Traders placing high-volume options orders (500+ contracts per month) may qualify for rate reductions — something worth contacting Fidelity directly about if that applies to your situation.
Futures
Fidelity does not offer futures trading. If that’s a requirement, it’s a genuine gap compared to brokers like TD Ameritrade (now part of Schwab) or Interactive Brokers.
Bonds and Fixed Income
- Treasury bonds (purchased at auction): $0
- Secondary market bonds: $1 per bond ($250 maximum)
- CDs: $0 for new issues; secondary market CDs cost $1 per CD
Mutual Fund Fees
No-Transaction-Fee (NTF) Funds
Fidelity’s NTF list covers thousands of mutual funds, including many third-party funds from major fund families. Buying or selling these costs $0.
Off-NTF Funds
Mutual funds not on the NTF list carry a $49.95 transaction fee per buy or sell. If a fund you want isn’t on the list, that’s $100 round-trip — meaningful for smaller purchases. This is worth checking before placing the order.
Short-Term Redemption Fee
Certain NTF funds carry a short-term redemption fee if sold within 60 days of purchase. Fidelity typically charges $49.95 in those cases. The specific funds affected are flagged in the fund details page.
Fidelity’s Own Fund Expense Ratios
This is where Fidelity genuinely stands out. Their proprietary index funds have some of the lowest — and in some cases, zero — expense ratios available.
Zero-Fee Index Funds
| Fund | Index Tracked | Expense Ratio |
|---|---|---|
| FZROX | Total US Market | 0.00% |
| FZILX | International | 0.00% |
| FZIPX | Extended Market | 0.00% |
| FZROX | Total Market Bond | 0.00% |
These funds are only available through Fidelity accounts. They can’t be transferred in-kind to another broker — something to factor in if portability matters to you.
Low-Cost Index Funds (Non-Zero)
| Fund | What It Tracks | Expense Ratio |
|---|---|---|
| FXAIX | S&P 500 | 0.015% |
| FSKAX | Total US Market | 0.015% |
| FSPSX | International | 0.035% |
| FXNAX | US Bond Index | 0.025% |
To put 0.015% in context: on a $10,000 investment, that’s $1.50 per year. The difference between this and the industry average of roughly 0.50% for actively managed funds is $48.50 annually on the same $10,000 — and that gap compounds over decades.
Advisory and Managed Account Fees
Fidelity Go (Robo-Advisor)
Fidelity Go is Fidelity’s automated investing service. The fee structure is straightforward:
- Under $25,000 AUM: 0% advisory fee
- Over $25,000 AUM: 0.35% annually
The underlying investments are Fidelity Flex mutual funds, which carry 0% expense ratios. So at the sub-$25K tier, there’s genuinely no annual cost to speak of.
At $100,000 managed, you’re paying $350/year at the 0.35% rate. Compared to a traditional financial advisor at 1% ($1,000/year), the delta is significant — though Fidelity Go doesn’t offer personalized planning or tax-loss harvesting.
Fidelity Wealth Services
For accounts with at least $50,000, Fidelity Wealth Services pairs you with a dedicated advisor. Fees are tiered:
| Account Balance | Annual Fee |
|---|---|
| $50K–$249,999 | 0.50% |
| $250K–$499,999 | 0.35% |
| $500K–$999,999 | 0.25% |
| $1M+ | 0.20% |
Managed Accounts (Fidelity Managed FidFolios)
FidFolios is a direct indexing product for accounts over $5,000. The advisory fee is 0.40% annually. This is aimed at investors who want tax-loss harvesting at the individual-stock level — a strategy that’s traditionally only been accessible to very high-net-worth investors.
Account Fees
Account Minimums
- Brokerage account: $0 minimum
- Roth IRA / Traditional IRA: $0 minimum
- Fidelity Go: $0 to open; automatic investing starts at $10
- Fidelity Wealth Services: $50,000 minimum
Maintenance and Inactivity Fees
Fidelity charges no annual maintenance fee and no inactivity fee on standard brokerage or retirement accounts. This is a clean advantage over some legacy brokers that still charge $50–$75/year for accounts below a certain balance.
Paper Statement Fees
Fidelity has moved most paper statement fees to $0 for standard accounts. Some institutional account types may still incur fees — check your specific account type if you receive paper documents.
IRA Fees
- IRA annual fee: $0 for most account types
- IRA closeout/transfer fee: $0 for full transfers (ACATS)
There’s no charge to transfer your IRA out to another broker via ACAT, which is notable. Some brokers charge $75–$150 for outbound transfers.
Margin Rates
Margin borrowing at Fidelity uses a tiered interest rate structure based on the debit balance:
| Debit Balance | Margin Rate (as of 2026) |
|---|---|
| Under $25,000 | 13.575% |
| $25,000–$49,999 | 13.075% |
| $50,000–$99,999 | 12.075% |
| $100,000–$249,999 | 11.075% |
| $250,000–$499,999 | 10.325% |
| $500,000–$999,999 | 9.825% |
| $1,000,000+ | 9.325% |
These rates are meaningfully higher than Interactive Brokers (which can go below 6% for large balances) but comparable to Schwab. For most buy-and-hold investors, margin rates are irrelevant — but for anyone carrying a margin balance, these numbers matter.
Other Fees Worth Knowing
Wire Transfers
- Outgoing domestic wire: $10
- Outgoing international wire: $15
- Incoming wires: Free
- ACH transfers: Free (standard); expedited same-day transfers may carry a fee
Returned Check or ACH Fee
If a deposit is returned (insufficient funds, closed account), Fidelity may charge a $25–$35 returned item fee.
Reorganization Fees
Certain corporate actions — mandatory tenders, exchange offers, bankruptcy filings — may carry a $38 reorganization fee per event. These don’t come up often for standard long-term investors but can catch active traders off guard.
Foreign Securities
Buying foreign ordinary shares (not ADRs traded on US exchanges) can involve transaction fees and foreign settlement charges that vary by country. ADRs traded on US exchanges cost $0 like any other US stock.
How Fidelity Compares to Schwab and Vanguard
All three major brokers now charge $0 for online stock and ETF trades. The meaningful differences show up in index fund costs, robo-advisory fees, and the overall fund selection.
Fidelity vs. Schwab: Fidelity’s zero-expense-ratio index funds (FZROX, FZILX) have no equivalent at Schwab. Schwab’s lowest-cost index funds run 0.02%–0.03%. Both charge $0.65/contract for options. Schwab’s robo-advisor (Schwab Intelligent Portfolios) charges no advisory fee but holds a cash allocation that earns Schwab revenue — an indirect cost. See the full Schwab vs Fidelity comparison for a deeper look.
Fidelity vs. Vanguard: Vanguard is structured as a mutual company, meaning fund shareholders own the company — a structural incentive to keep costs low. But Fidelity’s zero-fee funds actually undercut Vanguard’s index fund expense ratios (Vanguard’s VTSAX is 0.04% vs. FZROX at 0%). Vanguard’s trading platform is more limited and doesn’t suit active traders. Full breakdown: Vanguard vs Fidelity and Vanguard Fees 2026.
FAQ
Does Fidelity charge a monthly fee?
No. Standard brokerage accounts, Roth IRAs, and traditional IRAs have no monthly or annual maintenance fee. Fidelity Go also has no monthly fee.
What is Fidelity’s fee for buying index funds?
For Fidelity’s own index funds (like FXAIX or FZROX), there’s no transaction fee and the expense ratios run from 0.015% down to 0%. For third-party index funds on the NTF list, there’s also no transaction fee. Off-NTF index funds cost $49.95 to buy.
Are there fees to close or transfer a Fidelity account?
Fidelity does not charge an outbound ACATS transfer fee for full account transfers. Some brokers charge $75–$150 for this. There’s also no fee to simply close an account.
Does Fidelity charge for options assignment?
No. Options exercise and assignment are both $0. The only options-related cost is the $0.65 per-contract commission on the initial trade.
What’s the catch with Fidelity’s zero-fee index funds?
The FZROX/FZILX funds are only available at Fidelity. If you move your account to Schwab or Vanguard, you can’t transfer these funds in-kind — you’d have to sell and rebuy, which could trigger capital gains in a taxable account. It’s a minor portability limitation worth knowing upfront.
Verdict
Fidelity’s fee structure is genuinely competitive across nearly every category that affects most investors. Zero-commission stock and ETF trading is standard industry-wide now, but Fidelity’s 0% expense ratio index funds (FZROX, FZILX) remain a real differentiator — no other major broker matches that. The robo-advisor (Fidelity Go) at 0.35% above $25K is reasonable, though not the cheapest option in the market.
Where fees do appear — margin borrowing, wire transfers, off-NTF mutual funds — they’re real costs that active traders and frequent transferors should account for. For long-term buy-and-hold investors using Fidelity’s own index funds, the annual fee load is effectively zero.
For investors evaluating where to open an account, the fee picture is only one part of the equation. Platform features, fund selection, and customer service quality matter too. If you’re still comparing options, the Best Investing App for Beginners 2026 covers the full landscape across major platforms.