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Is Fidelity A Good Deal?
Compare Fidelity with Other Brokers and Decide For Yourself!
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| Brokerage |
Zecco.com |
TradeKing.com | Fidelity.com |
| Market Orders |
Free (10 per month) 
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$4.95
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$19.95
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| Limit Orders |
Free (10 per month)
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$4.95 |
$12.99
$19.95 |
| Options |
$4.50 + $.50/contract
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$4.95 + $.60/contract
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$19.95 + $.75/contract
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| Broker Assisted |
$19.99
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$4.95 |
$55 + $.14 per share over 100
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| Small Balance Fees (under $2k per fund) |
None
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None
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$12
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| Account Minimum |
None
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None
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$2,500
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| Mutual Funds |
Mutual Funds
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Mutual Funds
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Mutual Funds
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| Community & Social Networking |
Community
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Community
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Community
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| Click For More Information |
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"Fidelity", "Netbenefits", "Fidelity Funds" and "Fidelity Investments" are ™ Fidelity Investment Corp. Broker banner images © and ™ their respective owners. Figures are based on a $10,000 brokerage account making an average of 5 trades per month.
Fidelity was a pioneer in the early days of mutual funds. At the time, the mutual fund was one of the few reasonable options for individual investors to gain access to the markets. However, as time has passed, mutual funds have consistently lagged behind the market. Accordingly, access to Fidelity's in-house funds is not as attractive a feature as it once was.
Many investors are introduced to Fidelity at work through their Netbenefits retirement platform. They then go on to open up individual investment accounts. However, stock and options trading is so much more expensive for smaller accounts at Fidelity than for online discount brokers that it's only a truly viable option for the affluent. Everyone else would most likely be better served with less expensive options, like Zecco.com or TradeKing.com.