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NEW.Trade for $7.95 all the time. All online U.S. equity trades. Unlimited number of shares and trades.
Buy the most iShares® ETFs with no commissions or short–term trading fees. Learn more.about iShares ETFs at Fidelity.

Compare Us to Your Online Broker

Price

FIDELITY ACTIVE
TRADER SERVICES
Schwab E*Trade TD Ameritrade
Stocks, Non-proprietary ETFs1, 2 $7.95 $8.95 $9.99 $9.99
Options (cost per contract + equity base rate) $0.75 $0.75 $0.75 $0.75
Margin rate for $500,000 debit balance (4/19/2011)3 3.75% 6.75% 4.14% 7.00%
1-Second execution guarantee with auto commission rebate4 Y N N N
NBBO guarantee for option spreads5 Y N N N

Power

Portfolio-level backtesting with
% of equity position sizing6
Y N N N
Option pairing summary view Y N N Y
Automated Trading7 Y N Y Y
In-depth stock research from 10+ independent providers Y N N N
International stock research and trading in 17 markets Y N N N

Service

Dedicated Service 24/7,
365 days
Y Y N Y
Instant messaging available Y Y N Y
Send an instant message. Opens in a new window. Contact us by email View Stock Trading Demo Attend a Trading Seminar Sign Up for Trading E-News Take Action: Call a dedicated trading specialist at 800-503-3407. Or, send an instant message or a secure e-mail.

Active Trader Services is available to investors in households that place 120 or more stock, bond, or options trades in a rolling twelve-month period and maintain $25K in assets across their eligible Fidelity brokerage accounts.

Options trading entails significant risk and is not appropriate for all investors. Prior to trading options, you must receive a copy of Characteristics and Risks of Standardized Options. Opens in a new window., which is available from Fidelity Investments, and be approved for options trading. Supporting documentation for any claims, if applicable, will be furnished upon request.

  1. Commission comparison based upon published website commission schedules, as of 4/19/2011, for E*Trade, Schwab, and TD Ameritrade for all online U.S. equity and non-proprietary ETF trades and, for E*Trade customers who make fewer than 150 trades per quarter. Other pricing may be available based on a specific asset level or a combination of trading and asset levels.
  2. $7.95 commission applies to online U.S. equity trades for Fidelity Brokerage Services LLC retail clients; other conditions may apply. See Fidelity.com/commissions for details.
  3. 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. Margin credit is extended by National Financial Services, Member NYSE/SIPC. Please assess your financial circumstances and risk tolerance prior to trading on margin. As of January 12, 2009, Fidelity’s Base Margin Rate is 6.575%.
  4. Fidelity will waive the commission charge on eligible stock trades not executed within one second. Offer limited to market orders between 1 and 1000 shares to buy, sell, or buy to cover stocks listed in the S&P 500® Index. Orders must be entered between 9:45 a.m. and 3:59 p.m. ET on a day when the equity markets are open and times will be adjusted when the markets open late/close early. Execution speed is calculated from the time Fidelity accepts the order to the time of execution reported to Fidelity by the executing market center. Eligible orders can be entered on Fidelity.com, Fidelity Active Trader Pro®, FAST®, wireless devices, or through a Fidelity Representative. Short sales, extended hours orders, directed trade orders, and certain other orders excluded. Certain market and systems conditions may impact qualification for this guarantee. Fidelity reserves the right to restrict or revoke this offer at any time. For complete details, visit 1-Second Execution Guarantee.
  5. NBBO price is determined with the best single leg prices on a single market from any of the available option exchanges at the time the order was executed or within 30 seconds of the order being received by the CBOE's order routing system.
  6. Wealth-Lab Pro® offers portfolio-level backtesting with margin and money management rules.
  7. Automated trading poses additional risks that are greater than those associated with manual trading. Use of Wealth-Lab Pro’s automated trading feature is subject to the Wealth-Lab Pro Automated Trading User Agreement. Additional terms, conditions, and eligibility requirements apply.

System availability and response times are subject to market conditions.

Before investing, consider the funds’ investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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