✓ Pros
- $0 commissions on stocks and ETFs
- No account minimum to open
- Fractional shares starting at $1
- Zero-expense-ratio index funds (FZROX, FZILX)
- Best-in-class research tools and screeners
- Excellent customer service (24/7 phone)
✗ Cons
- No cryptocurrency trading (only crypto ETFs)
- Desktop platform can feel overwhelming for beginners
- No futures trading
Fidelity Investments at a GlanceLong-term investors, retirement savers, and anyone who wants the best combination of low costs, research tools, and customer service.
Active crypto traders or futures traders.
WiseIQ Verdict: Fidelity Investments
Fidelity is our top pick for most investors. The combination of $0 commissions, no account minimum, zero-expense-ratio index funds, and industry-leading research tools makes it hard to beat. Whether you're opening your first Roth IRA or managing a complex portfolio, Fidelity has the tools and support to serve you well.
Detailed Fidelity Investments Review
Fees and Commissions
Fidelity Investments charges $0 commissions on stock and ETF trades, which is now the industry standard. $0 is the commission rate for standard trades. Always check the full fee schedule for options, mutual funds, and margin rates before opening an account.
Investment Selection
Fidelity Investments offers access to stocks, ETFs, and options. The breadth of investment selection varies — see the key stats above for specifics. Before choosing a brokerage, confirm it offers the investment types you plan to use.
Platform and Mobile App
The Fidelity Investments platform has a rating of 4.8/5.0 for mobile app quality. The platform is excellent for active traders with advanced charting tools.
Customer Service
Customer service is rated 4.9/5.0. 24/7 phone support is available.
Answer 3 quick questions and get a personalized recommendation in seconds.
Frequently Asked Questions
WiseIQ evaluates brokerages across 6 categories: commissions and fees, investment selection, research and tools, mobile app, customer service, and ease of use. Ratings are based on hands-on testing, fee schedule analysis, and comparison with industry peers. Updated April 2026.