Affiliate disclosure: We may earn a commission if you open an account or sign up through links on this page. This does not cost you extra. Our rankings are based on our published methodology, not on commission amount.
Fidelity Review
A highly rated US broker for long-term investors: strong research, no-fee index funds and excellent customer service.
Best for
- Long-term investors
- Retirement accounts
- Low-cost index investing
Not best for
- You're a high-frequency day trader
- You need non-US market access
Our verdict & scoring
Fidelity is consistently rated among the best US brokers for buy-and-hold investors, with commission-free stock/ETF trading, well-regarded research, strong retirement tooling and zero-expense-ratio index funds. Less oriented toward high-frequency active trading than thinkorswim-style platforms.
Scores are based on our review methodology. Affiliate relationships do not buy higher ratings.
Pros
- Excellent research and service
- Zero-expense-ratio index funds
- Great for retirement investing
Cons
- Not built for active day trading
- US-only focus
Fees & hidden costs explained
$0 US stock/ETF commissions; $0.65 per options contract; several zero-expense-ratio index funds.
Safety, regulation & availability
US: Fidelity Brokerage Services LLC is an SEC-registered broker-dealer and FINRA/NYSE/SIPC member (CRD# 7784). Aimed at US residents; UK/EU retail generally not served.
Account protection: SIPC coverage up to $500,000 (including $250,000 cash).
Available to retail traders in:
Verify this platform yourself:
Frequently asked questions
Is Fidelity good for beginners?
Yes — strong education, fractional shares and no account minimums make it beginner-friendly for long-term investing.
Official sources
Risk warning: Trading stocks, options, futures, forex, crypto, CFDs and funded accounts involves risk. You can lose money. This website is educational only and does not provide financial, investment, tax or legal advice.
Leverage, volatility, fees, spreads, liquidity and platform rules can increase losses.
Affiliate disclosure: We may earn a commission when you click some links on our site. This does not cost you extra. Our comparisons are educational and transparent, and our rankings are not affected by commissions.