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Fidelity Brokerage Review

Best Overall Brokerage for Long-Term Investors

4.9/ 5.0
Stock Commissions$0 per trade
Account Minimum$0
Fractional SharesYes (ZERO)
InsuranceSIPC + excess

Top Pick · Investing

Fidelity

$0 commissions · no account minimum

SIPC insured
Open Account
CalcMoney Editor's Take

Fidelity is our top brokerage pick for investors of all experience levels. Zero-commission trading, no account minimum, and industry-leading research tools make it difficult to justify any alternative for most US investors.

Pros

  • $0 commissions on US stocks, ETFs, and options
  • No account minimum — start with any amount
  • Fidelity ZERO index funds with 0% expense ratio
  • Fractional shares on 7,000+ US stocks
  • Excellent mobile app and research platform
  • Physical branches available nationwide

Cons

  • Futures trading not available
  • Margin rates slightly above industry average
  • Options interface less intuitive than specialized platforms

Best For

Long-term retirement investorsIndex fund / ETF buyersBeginners who want research supportIRA and 401k rollovers

Run the Numbers First

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Advertiser Disclosure: CalcMoney may earn a commission if you open an account or apply through links on this page. This does not affect our editorial ratings or recommendations.

Investing involves risk. Past performance is not indicative of future results. SIPC protection does not protect against investment losses.