Is Fidelity Go really free?

Fidelity Go is free for accounts under $25,000 — no advisory fee and no fund expense ratios (Fidelity uses its own zero-expense-ratio mutual funds). Above $25,000, the fee is 0.35% per year, which includes access to coaching calls with a Fidelity advisor. There is no account minimum.

Does Fidelity Go offer tax-loss harvesting?

No. Fidelity Go does not offer automatic tax-loss harvesting at any balance level. This is its key limitation compared to Betterment and Wealthfront, which both offer daily tax-loss harvesting. For taxable accounts where tax efficiency matters, Betterment or Wealthfront are stronger choices.

What funds does Fidelity Go invest in?

Fidelity Go invests in Fidelity Flex mutual funds — a series of funds with 0% expense ratios, available exclusively through Fidelity managed accounts. These include US stocks, international stocks, bonds, and short-term bonds, varying by your risk level. The 0% expense ratio is a meaningful advantage over ETF-based robo-advisors.

Who is Fidelity Go best for?

Fidelity Go is best for existing Fidelity customers who want simple, free automated investing — especially those with under $25,000. It is ideal for beginners who want to start investing with no minimum and no cost, and for people who want to consolidate accounts within the Fidelity ecosystem. It is not ideal for investors who need tax-loss harvesting or more complex planning.

Does Fidelity Go have a minimum investment?

No. Fidelity Go has no minimum investment. You can open an account and start investing with any amount. This makes it the most accessible robo-advisor alongside Betterment for investors just starting out.

Fidelity Go Review 2026 — Free Robo-Advisor for Fidelity Customers

Fidelity Go charges $0 in advisory fees for accounts under $25,000 and uses Fidelity Flex mutual funds with 0% expense ratios — making it the only major robo-advisor with truly zero all-in costs for smaller accounts. Above $25,000, the fee is 0.35% and includes coaching calls with a Fidelity advisor. There is no account minimum. The main limitation: no tax-loss harvesting at any balance level. For existing Fidelity customers or anyone starting with under $25,000, Fidelity Go is one of the most compelling zero-cost options available.

Fidelity Go at a Glance (2026)

Feature	Details
Advisory fee	$0 (under $25,000) / 0.35% (over $25,000)
Account minimum	$0
Tax-loss harvesting	No
Human advisor access	Coaching calls included at $25,000+
Funds used	Fidelity Flex mutual funds (0% expense ratio)
All-in cost under $25K	$0
All-in cost over $25K	0.35% (no additional fund expenses)
Accounts offered	Taxable, Roth IRA, Traditional IRA, Rollover IRA
Rebalancing	Automatic

Fidelity Go Fees: Genuinely Zero Under $25,000

Most robo-advisors have two cost layers: the advisory fee + underlying ETF expense ratios. Fidelity Go eliminates both under $25,000:

Cost Layer	Fidelity Go (<$25K)	Betterment	Wealthfront	Schwab IP
Advisory fee	$0	0.25%	0.25%	$0
Fund expense ratios	$0 (Fidelity Flex)	0.03–0.14%	0.07–0.10%	0.03–0.20%
Cash drag	None	None	None	6–10%
All-in cost	$0	~0.28–0.39%	~0.32–0.35%	~0.30–0.50%

Above $25,000: Fidelity Go charges 0.35% — still no fund expense ratios, but 0.10% more than Betterment and Wealthfront. At this level, Betterment and Wealthfront are slightly cheaper AND offer tax-loss harvesting that Fidelity Go does not.

What this means on a $10,000 portfolio:

Fidelity Go: $0/year
Betterment: ~$33/year (0.25% + ~0.08% ETF costs)
Wealthfront: ~$34/year
Schwab Intelligent Portfolios: $0 stated fee but ~$440 in forgone returns from cash drag

The Fidelity Flex Funds

Fidelity Go invests in Fidelity Flex mutual funds — a proprietary fund series with 0% expense ratios, available only through Fidelity-managed accounts:

Fidelity Flex 500 Index Fund — US large-cap stocks (tracks S&P 500)
Fidelity Flex Extended Market Index Fund — US small/mid-cap stocks
Fidelity Flex International Index Fund — developed international stocks
Fidelity Flex US Bond Index Fund — US investment-grade bonds
Fidelity Flex Short-Term Bond Index Fund — short-duration bonds

Your allocation across these funds is determined by your risk score (conservative through aggressive). Rebalancing happens automatically.

The 0% expense ratio compares favourably to Vanguard’s ETFs (0.03–0.04%), iShares ETFs (0.03–0.07%), and Schwab ETFs (0.03–0.06%) used by competing robo-advisors.

No Tax-Loss Harvesting: The Key Limitation

Fidelity Go does not offer tax-loss harvesting. For taxable accounts with investors in the 22%+ bracket, this is a meaningful gap.

Estimated annual value of tax-loss harvesting on a $50,000 taxable portfolio:

Betterment or Wealthfront: potentially $50–$250/year in tax savings
Fidelity Go: $0

For IRA accounts (Roth or Traditional), tax-loss harvesting provides no benefit — and Fidelity Go’s $0 fee wins decisively over Betterment’s 0.25%.

Recommendation by account type:

IRA account, any balance: Fidelity Go is an excellent choice (0% cost under $25K; 0.35% above)
Taxable account, high bracket, $25K+: Betterment or Wealthfront for tax-loss harvesting
Taxable account, low balance or low bracket: Fidelity Go is a strong default

Advisor Coaching at $25,000+

Accounts above $25,000 gain access to one-on-one coaching calls with a Fidelity advisor. These are not full financial planning sessions, but cover:

Reviewing your Fidelity Go portfolio and risk allocation
Discussing your broader financial goals
Answering questions about retirement accounts, contributions, and investment strategy

This is similar to Betterment Premium’s CFP access (though Betterment Premium is more comprehensive at 0.40% with $100,000 minimum). Fidelity Go’s coaching inclusion at 0.35% and $25,000 is a competitive differentiator.

Fidelity Go IRA Accounts

Fidelity Go supports Roth IRA, Traditional IRA, and Rollover IRA accounts.

Account Type	2026 Contribution Limit	Advisory Fee
Roth IRA (under $25K)	$7,000 ($8,000 age 50+)	$0
Traditional IRA (under $25K)	$7,000 ($8,000 age 50+)	$0
Roth IRA (over $25K)	$7,000 ($8,000 age 50+)	0.35%
Traditional IRA (over $25K)	$7,000 ($8,000 age 50+)	0.35%

For IRA-only investors with under $25,000, Fidelity Go is the lowest-cost robo-advisor available — $0 total cost with no trade-offs for long-term buy-and-hold investors.

Fidelity Go vs. Competitors

	Fidelity Go	Betterment	Wealthfront	M1 Finance
Fee	$0 (<$25K) / 0.35%	0.25%	0.25%	$0 / $3/mo
Minimum	$0	$0	$500	$100
Tax-loss harvesting	No	Yes	Yes	No
Fund expense ratios	0%	0.03–0.14%	0.07–0.10%	Varies
Human advisor	Coaching ($25K+)	Premium ($100K+)	None	None
Portfolio control	None	Low	Low	Full

Who Fidelity Go Is Best For

Strong match:

Existing Fidelity customers who want to consolidate accounts in one place
Beginners with under $25,000 who want the lowest possible cost
IRA investors who don’t need tax-loss harvesting (inside an IRA, TLH provides no benefit)
Investors who want simple, hands-off management with no fund decisions

Consider alternatives if:

You have a taxable account and are in the 22%+ bracket → Betterment or Wealthfront for tax-loss harvesting
You want to choose your own funds → M1 Finance
You have $100,000+ and want CFP-level advice → Betterment Premium or Vanguard Personal Advisor
You’re not a Fidelity customer and would need to open a new account → Betterment is equally free and has more features

Written by WealthVieu

WealthVieu researches and writes data-driven personal finance guides using primary sources including the IRS, Bureau of Labor Statistics, Federal Reserve, and Census Bureau.

The content on Wealthvieu is for informational purposes only and should not be considered financial, tax, or investment advice. Consult a qualified professional before making financial decisions. Full disclaimer · Editorial policy