Fidelity Investments
retail-trading · USFidelity is a top-rated online brokerage that serves self-directed investors, retirement savers, and active traders. In 2026, Fidelity has been recognized as NerdWallet's Best Investing App and Best Broker for Beginners, reflecting its strength across both mobile and desktop experiences. Fidelity offers $0 commission trading on stocks, ETFs, and options, with zero expense ratio index funds (FZROX, FZILX, FNILX) that are genuinely rare in the industry — no ongoing cost to hold core index positions. Fidelity Trader+ Desktop provides a rebuilt active trading platform designed for multi-monitor setups, competing with thinkorswim and Trader Workstation. Fidelity uniquely rejects payment for order flow (PFOF) among major retail brokers, routing orders to maximize price improvement rather than revenue. Order execution quality is independently verified as among the best in retail brokerage. Fidelity offers fractional shares from a $1 minimum, a free robo-advisor (Fidelity Go) for accounts under $25,000, and comprehensive retirement accounts including Traditional, Roth, Rollover, and SEP-IRAs with no annual fees. Fidelity is available exclusively in the United States and does not open accounts for customers outside the United States under any circumstances.
What does Fidelity Investments cost and who is it best for?
Fidelity Investments is a self-directed trading platform All asset types are commission-free. A free tier is available with no account minimum. Fidelity is the top-rated online broker for beginners and retirement investors in 2026 — $0 commissions, zero expense ratio index funds, and industry-leading order execution quality. US only.
⚠ Trading Disclaimer
The platforms listed on this page are self-directed trading tools. Finatune does not provide investment advice, is not a licensed broker-dealer, and is not affiliated with any platform listed. Trading stocks, ETFs, options, and crypto involves significant risk of loss. Past performance is not indicative of future results. All investing involves risk including the possible loss of principal. Always review a platform's full fee schedule, terms of service, and regulatory disclosures before opening an account.
Pricing
// verify pricing before launch — prices shown may not reflect current vendor rates
Key Features
- •$0 commission on stocks, ETFs, and options
- •Fidelity Trader+ Desktop — rebuilt active trading platform for multi-monitor setups
- •Fractional shares from $1 minimum
- •Industry-leading price improvement on order execution — rejects payment for order flow
- •Zero expense ratio index funds — FZROX, FZILX, FNILX
- •Fidelity Go robo-advisor — free under $25,000
- •Retirement accounts — Traditional, Roth, Rollover, IRA, SEP-IRA with no annual fees
- •Extensive research — 20+ third-party providers including Morningstar and S&P
Pros
- +NerdWallet Best Investing App 2026 and Best Broker for Beginners 2026 — strongest independent validation in the category
- +Rejects payment for order flow — order execution quality is independently verified as among the best in retail brokerage
- +Zero expense ratio index funds are genuinely rare — no ongoing cost to hold core index positions
- +Best margin rates in the category — 10.575% base rate, lowest published margin rate among major brokers
- +Strongest retirement account offering — IRAs with no annual fees, no closure fees, fractional ETFs
- +Best-in-class research with 20+ third-party providers included free
Cons
- −US only — does not open accounts for non-US residents under any circumstances
- −No paper trading — cannot practice strategies with virtual money unlike Schwab and Interactive Brokers
- −Options interface less intuitive than thinkorswim or Interactive Brokers for advanced options traders
- −Fidelity Trader+ Desktop is newer and less mature than Schwab's thinkorswim
- −Crypto selection limited to 5 coins — narrower than Interactive Brokers or Robinhood
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See how Fidelity Investments stacks up against schwab-intelligent-portfolios and Charles Schwab and Interactive Brokers side by side.
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Reviewed by Finatune · Last updated 2026-07-01