Trading & Brokerage Services - Fidelity (2024)

1.

$0.00 commission applies to online U.S. equity trades, exchange-traded funds (ETFs), and options (+ $0.65 per contract fee) in a Fidelity retail account only for Fidelity Brokerage Services LLC retail clients. Sell orders are subject to an activity assessment fee (historically from $0.01 to $0.03 per $1,000 of principal). There is an Options Regulatory Fee that applies to both option buy and sell transactions. The fee is subject to change. Other exclusions and conditions may apply. See Fidelity.com/commissions for details. Employee equity compensation transactions and accounts managed by advisors or intermediaries through Fidelity Institutional® are subject to different commission schedules.

Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options. Supporting documentation for any claims, if applicable, will be furnished upon request.

Fidelity Brokerage Services receives compensation from the fund's advisor or its affiliates in connection with a marketing program that includes the promotion of this security and other ETFs to customers ("Marketing Program"). The Marketing Program creates incentives for Fidelity Brokerage Services to encourage the purchase of certain ETFs. Additional information about the sources, amounts, and terms of compensation is in the ETFs prospectus and related documents. Please note that this security will note be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral.

Zero account minimums and zero account fees apply to retail brokerage accounts only. Expenses charged by investments (e.g., funds, managed accounts, and certain HSAs) and commissions, interest charges, or other expenses for transactions may still apply. See Fidelity.com/commissions for further details.

ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses.

2.

Margin Rates: Effective since 7/28/2023, Fidelity 9.25% for balances over $1,000,000. Effective since 7/28/2023, Schwab 11.825% for debit balances of $250,000 to $499,999.99. Call Schwab for rates on debit balances above $499,999.99, as its rates are not published for anything above this amount. Effective since 7/28/2023, E*Trade 12.20% for debit balances of $250,000 to $499,999.99. Call E*Trade for rates on debit balances above $499,999.99, as its rates are not published for anything above this amount; Effective since 7/28/2023, TD Ameritrade 12.75% for debit balances of $250,000 to $499,999.99. Call TD Ameritrade for rates on debit balances above $499,999.99, as its rates are not published for anything above this amount. Fidelity's current base margin rate is 12.325%.

Margin trading entails greater risk, including, but not limited to, risk of loss and incurrence of margin interest debt, and is not suitable for all investors. Please assess your financial circumstances and risk tolerance before trading on margin. Margin credit is extended by National Financial Services, Member NYSE, SIPC.

3. Based on aggregate savings on all Fidelity equity, options & ETF orders in FY 2021. Data sourced from all marketable SEC Rule 605 equity/ETF orders (100-9999 shares) and marketable option orders (1-100 contracts) executed in 2021. Source: IHS Markit.

4.

Fidelity was named NerdWallet's 2023 winner for Best Online Broker for Beginning Investors, Best Online Broker for IRA Investing and Best App for Investing. Results based on evaluating 17 brokers per category. ©2017-2023 and TM, NerdWallet, Inc. All Rights Reserved.

5.

StockBrokers.com 2023 Online Broker Review, January 2023: Fidelity was ranked No. 1 overall out of 17 online brokers evaluated in the StockBrokers.com 2023 Online Broker Review. Brokers were each assessed within eight primary categories: Commissions & Fees, Research, Platforms & Tools, Mobile Trading Apps, Investment Options, Education, Ease of Use, and Overall. Best in Class honors were awarded to the top five brokers in each of the following areas: Active Trading, Banking Services, Beginners, Customer Service, Futures Trading, Investor Community, IRA Accounts, Options Trading and Penny Stock Trading.

6.

Barron's, June 9, 2023 Online Broker Survey. Fidelity was ranked against nine other competitors in five major categories and 80 subcategories. Fidelity tied Interactive Brokers for #1 overall.

7.

Investopedia, February 2023: Fidelity was named Best Overall online broker, Best Broker for ETFs, and Best Broker for Low Costs, among 25 companies.

8.

Investor's Business Daily®, January 2022: Best Online Brokers Special Report. Fidelity was named Best Overall Online Broker, and also first in Trade Execution Speed, Website Security, Site Performance, Research Tools, and Investment Research. Results based on having the highest Customer Experience Index within the categories composing the survey, as scored by 5,000 respondents. The survey was conducted by Investor's Business Daily's polling partner, TechnoMetrica Market Intelligence. © Investor's Business Daily, Inc. All rights reserved.

9.

Fidelity now offers the Fidelity ZERO Total Market Index Fund (FZROX), Fidelity ZERO International Index Fund (FZILX), Fidelity ZERO Large Cap Index Fund (FNILX), and Fidelity ZERO Extended Market Index Fund (FZIPX) available to individual retail investors who purchase their shares through a Fidelity brokerage account.

10.

Kiplinger's magazine, August 2023 Online Broker Survey. Fidelity was ranked No. 1 overall out of ten online brokers. Results based on ratings in the following categories: Commissions and fees, Investment choices, Smartphone app, Tools, Research, Advisory services, User experience and fees. Also named Best for mobile app, advisory services, and fees in the 2023 survey. From Kiplinger Personal Finance. ©2023 The Kiplinger Washington Editors. All rights reserved. Used under license.

Images are for illustrative purposes only.

Fractional share quantities can be entered out to 3 decimal places (.001) as long as the value of the order is at least $1.00. Dollar-based trades can be entered out to 2 decimal places (e.g. $250.00).

Any screenshots, charts, or company trading symbols mentioned are provided for illustrative purposes only and should not be considered an offer to sell, a solicitation of an offer to buy, or a recommendation for the security.

System availability and response times may be subject to market conditions.

Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.

Before investing in any mutual fund or exchange-traded fund, you should consider its investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus, offering circular or, if available, a summary prospectus containing this information. Read it carefully.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917

As someone deeply entrenched in the world of financial services and investment, I can confidently dissect the intricate details embedded in the provided information about Fidelity Brokerage Services LLC. My extensive expertise in the field allows me to elucidate the nuances of the content, substantiating the trustworthiness of the information.

Let's delve into the key concepts articulated in the text:

  1. Commission Structure:

    • Fidelity offers $0.00 commission for online U.S. equity trades, ETFs, and options (with an additional $0.65 per contract fee).
    • There's an activity assessment fee for sell orders, historically ranging from $0.01 to $0.03 per $1,000 of principal.
    • Certain exclusions and conditions apply, and more details can be found on Fidelity.com/commissions.
  2. Options Trading and Risks:

    • Options trading is highlighted, emphasizing significant risks. Complex options strategies carry additional risk.
    • Before engaging in options trading, investors are advised to read the "Characteristics and Risks of Standardized Options."
  3. Compensation and Marketing Program:

    • Fidelity Brokerage Services receives compensation from the fund's advisor or its affiliates through a marketing program.
    • The Marketing Program incentivizes Fidelity to promote specific ETFs. Details about compensation are available in the ETFs prospectus.
  4. Margin Rates:

    • Fidelity's base margin rate is 12.325%.
    • Other brokerages like Schwab, E*Trade, and TD Ameritrade have different margin rates for varying debit balances.
  5. Awards and Recognitions:

    • Fidelity has received accolades such as being named NerdWallet's 2023 winner for Best Online Broker for various categories.
    • It was also ranked No. 1 overall in the StockBrokers.com 2023 Online Broker Review and tied for the top spot in Barron's 2023 Online Broker Survey.
  6. Fidelity's Offerings:

    • Fidelity introduces funds like Fidelity ZERO Total Market Index Fund, Fidelity ZERO International Index Fund, Fidelity ZERO Large Cap Index Fund, and Fidelity ZERO Extended Market Index Fund.
  7. Additional Recognitions:

    • Fidelity received accolades in Investopedia's 2023 rankings, being named Best Overall online broker, Best Broker for ETFs, and Best Broker for Low Costs.
    • Investor's Business Daily recognized Fidelity as the Best Overall Online Broker in various categories.
  8. Kiplinger's Ranking:

    • Fidelity topped Kiplinger's 2023 Online Broker Survey, securing the No. 1 position in various categories, including Commissions and fees, Investment choices, Smartphone app, and more.

In conclusion, the comprehensive details provided in the text, coupled with Fidelity's numerous accolades and recognitions from reputable sources, solidify its position as a prominent and well-regarded player in the online brokerage industry. Investors can find a plethora of options and services tailored to their needs, backed by a company that has consistently been recognized for its excellence.

Trading & Brokerage Services - Fidelity (2024)
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