Fidelity Brokerage Account
Editor's ChoiceFidelity
4.8
$0 commissions. Zero-expense-ratio index funds. $0 minimum. No PFOF.
Editorial score
4.8 / 5
Product type
online broker
Our take
Fidelity is the top-rated online broker for 2026, offering zero-expense-ratio index funds (FZROX, FZILX), $0 commissions on stocks/ETFs, fractional shares on 7,000+ stocks, and no payment for order flow — ensuring best execution.
Pros and cons
Pros
- +Zero-expense-ratio index funds (FZROX/FZILX)
- +Zero-expense-ratio index funds (FZROX/FZILX)
- +No payment for order flow — best execution
- +No payment for order flow — best execution
- +Fractional shares on 7,000+ stocks
- +Fractional shares on 7,000+ stocks
Cons
- −No futures trading
- −No futures trading
- −Interface can feel complex for beginners
- −Interface can feel complex for beginners
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Full details
| margin rate | 8–12% |
| key features | FZROX/FZILX 0.00% funds, fractional shares, no PFOF |
| account minimum | $0 |
| headline metric | $0 commissions |
| secondary metric | Zero-fee index funds |
| assets under admin | $15.1T |
| options contract fee | $0.65 |
Frequently asked questions
What fees should I watch for with Fidelity Brokerage Account?
Check expense ratios on funds, trading commissions, account maintenance fees, and margin rates if you borrow. Fee-free trading does not always mean zero costs.
Is Fidelity Brokerage Account a good fit for beginners?
Fidelity is the top-rated online broker for 2026, offering zero-expense-ratio index funds (FZROX, FZILX), $0 commissions on stocks/ETFs, fractional shares on 7,000+ stocks, and no payment for order flow — ensuring best execution.
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Verified Apr 2026
Fidelity Brokerage Account