Fidelity 2024 Review: Pros, Cons, and More

LEARN MORE: How to Open a Fidelity Account

Top Perks

$0 stock and ETF commissions

Like all the best stock brokers, Fidelity charges no commission for U.S. stock and ETF trades.

Fidelity mutual fund access and $0 fees

Fidelity’s sought-after mutual funds are highly regarded for their lengthy track records, along with competitive costs. Fidelity also charges no online commission fee to buy its own highly-rated funds.

Fewer account fees than rivals

In addition to trading commissions, there are some fees commonly charged by brokers for things like outgoing account transfers, bank wires, insufficient funds, and more. Unlike some of its peers, Fidelity charges $0 for any of these.

International trading

Fidelity is one of a handful of brokerages that offer access to international markets. It allows customers to trade on 25 different markets and exchange their money in 16 different currencies, though higher commissions may apply depending on the exchange.

Branch offices

Being able to drop into one of Fidelity’s offices to speak to a representative can offer a lot of peace of mind, especially when you have issues that can’t easily be solved over the phone. Fidelity has investment branch locations throughout the U.S., so there’s likely to be one within driving distance of you.

Fractional share investing

Fidelity is one of the few mainstream brokers that allows investors to buy and sell fractional shares of stock. Investors can place orders for a certain dollar amount, or for a specific fractional share quantity, all the way down to three decimal points in many cases, with a minimum of just $1 per stock or ETF. In other words, if you want to buy 0.001 shares of, Fidelity will let you do just that.

LEARN MORE: Best brokers for fractional shares

Highly-rated mobile app

Fidelity’s iOS and Android apps both receive high marks from users, mainly for the versatility that allows investors to manage an array of account needs on the go. Here are the current app store ratings.

  • iOS rating: 4.8/5 stars
  • Android rating: 4.3/5 stars

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