Fidelity Fees 2026 — Fee Schedule Explained

Fidelity charges $0 for online stock and ETF trades, $0 for its own ZERO index funds, $0 for outgoing account transfers, and $0 for outgoing domestic wire transfers. The main fees to know are the $49.95 transaction fee on non-NTF mutual fund purchases and the 0.35% annual fee on Fidelity Go once your balance reaches $25,000. For most long-term investors using stocks, ETFs, or Fidelity’s own funds, Fidelity itself charges no commissions or account fees, though the funds you hold still charge their own expense ratios.

Fidelity Fee Schedule at a Glance

Trading Commissions

Stocks and ETFs: $0

Online trades of US stocks and most ETFs are commission-free at Fidelity. There is no minimum to open a retail brokerage account and no per-share fee on online trades (Fidelity-designated Professional Equity Traders pay $0.001 per share). Fidelity also supports fractional shares — you can start with as little as $1 in US stocks and ETFs listed on the NYSE or Nasdaq — which helps investors with smaller balances.

Broker-assisted trades: Fidelity’s published commission schedule notes that additional concessions or commissions may apply if you place a trade with a Fidelity representative rather than online. Confirm the current broker-assisted rate directly with Fidelity before placing a phone trade; use fidelity.com or the mobile app to avoid it entirely.

Options: $0 + $0.65 per Contract

Online options trades carry no base commission at Fidelity. The per-contract fee is $0.65, the same as at Merrill Edge and at E*TRADE, where it falls to $0.50 with 30 or more trades a quarter.

Example: You buy 12 call contracts at $0.65 per contract. Total fee: $7.80.

Frequent options traders may want to compare Fidelity’s $0.65 per contract against brokerages that cut the fee for high-volume clients.

Fidelity ZERO Index Funds: 0.00% Expense Ratio

Fidelity’s four ZERO index funds charge no expense ratio — not just zero commission, but literally 0.00% annual operating expense:

The key limitation: Fidelity sells the ZERO funds only to individual retail investors through a Fidelity brokerage account, so they generally can’t follow you to another brokerage. If you move your account to another brokerage such as Schwab or Vanguard, you would generally need to sell ZERO fund holdings first (a taxable event in non-IRA accounts). See the Fidelity ZERO funds guide for a full analysis.

If you want low-cost bond exposure instead, Fidelity’s FXNAX (Fidelity U.S. Bond Index Fund) tracks the Bloomberg US Aggregate Bond Index — not a ZERO fund, but a low-cost bond index option. Check its current expense ratio on Fidelity’s fund page.

NTF Mutual Funds: $0 to Buy

Fidelity’s NTF list includes third-party mutual funds with no purchase fee, but a $49.95 fee applies if you sell one held less than 60 days.

Non-NTF Mutual Funds: $49.95

Funds not on the NTF list cost $49.95 per purchase, with no charge on redemption — more than the $19.95 per online transaction Merrill Edge lists for its transaction-fee funds. If you plan to actively trade non-NTF funds, Merrill Edge is cheaper per transaction.

Fidelity Go Fee: 0.35% Once Your Balance Reaches $25,000

Fidelity Go is Fidelity’s robo-advisor. Fees are tiered by balance:

Important: the advisory fee starts once your balance reaches $25,000. Fidelity’s schedule lists 0.35% per year for balances of $25,000 and above; its Form ADV explains exactly how the fee is calculated.

Worked example: Rachel has $40,000 in Fidelity Go, above the $25,000 mark. At 0.35% per year, a $40,000 balance works out to $40,000 × 0.35% = $140 a year; check Fidelity’s Form ADV for how the fee is calculated.

Fidelity Go portfolios use Fidelity Flex funds. The advisory fee is 0.35% once you cross $25,000 — lower than the 0.45% Merrill Guided Investing program fee. See the Fidelity Go guide for a full comparison.

Account Transfer Fee: $0

Fidelity charges nothing for outgoing ACAT transfers. That is unlike Merrill Edge, which charges $49.95 for a full account transfer. Your old brokerage may charge its own outgoing transfer fee; ask Fidelity at 800-343-3548 whether a reimbursement offer applies.

Wire Transfer Fees

Fidelity does not charge for domestic bank wires, per Fidelity’s own published commission and fee schedule (fidelity.com/trading/commissions-margin-rates, verified September 19, 2026). Free ACH transfers also work for most funding needs. International wire fees vary — confirm the current rate directly with Fidelity before sending one.

Margin Rates

Fidelity’s margin rates are tiered by debit balance. Their rates are set as a spread to Fidelity’s own base margin rate, not the federal funds rate: from 0.500% below the base rate for debit balances of $250,000–$499,999 to 1.250% above it for balances under $25,000. Visit fidelity.com for current rates, which move when Fidelity changes its base margin rate (its most recent change took effect September 18, 2026).

What Fidelity Doesn’t Charge

• No account minimum
• No annual maintenance fee
• No ACAT-out fee — transfer away for free
• No outgoing domestic wire fee
• No fractional share fee — buy from $1

Fidelity vs Competitor Fees

Fee schedules change, so confirm the current figures directly with each brokerage.

Fidelity charges $0 for both outgoing domestic wires and ACAT-outs, while Merrill Edge and E*TRADE charge for both. Its Fidelity Go fee (nothing below $25,000, 0.35% above that) is lower than Merrill Guided Investing’s 0.45%.

The Real Cost of Investing at Fidelity

A long-term ETF or stock investor at Fidelity pays $0 per year in Fidelity account fees and commissions (fund expense ratios still apply). The fees that can bite:

1. $49.95 mutual fund fee — per purchase of a non-NTF fund, or when you sell an NTF fund held under 60 days
2. 0.35% Fidelity Go fee — charged once your balance reaches $25,000, if you use the robo-advisor
3. International wire fees — domestic wires are free; confirm current international wire costs if applicable

Worked example: James holds $120,000 at Fidelity: $80,000 in FZROX and $40,000 in Fidelity Go. Annual costs: $0 on FZROX (0.00% expense ratio) + about $140 on Fidelity Go (0.35% × $40,000) = about $140 total. Fidelity itself charges no annual account fee, no ACAT-out fee, and no domestic wire fee.

See the full Fidelity review and compare all options at the best brokerage accounts guide.

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.