Investing With Fidelity: Minimum Investment Requirements And More

There is no minimum investment required to open a Fidelity brokerage account. However, some mutual funds offered by Fidelity require a minimum initial investment of $2500. This is a common requirement among mutual funds, with minimums typically ranging from $500 to $5,000 for investors. These minimums are put in place to ensure sufficient capitalization and to cover the fund's operating costs. Fidelity also offers a range of other investment options, such as stocks, bonds, and ETFs, which do not have minimum investment requirements.

No minimum investment to open a Fidelity brokerage account

There is no minimum investment required to open a Fidelity brokerage account. This means that you can open a Fidelity brokerage account without any funds in it. However, if you want to start investing in specific mutual funds, there may be a minimum investment requirement. For example, some Fidelity mutual funds have a minimum initial investment of $2,500.

It's important to note that while there is no minimum investment required to open a Fidelity brokerage account, there may be other requirements or fees associated with the account. For instance, there may be a minimum amount that you need to maintain in your account to avoid triggering an account closure, such as keeping a balance of at least $150. Additionally, there may be fees associated with trading or transacting in your account.

Fidelity offers a wide range of investment options, including stocks, bonds, mutual funds, ETFs, options, and more. They also provide educational resources and research tools to help investors make informed decisions.

When considering opening a brokerage account with Fidelity or any other financial institution, it's always important to carefully review the terms and conditions, as well as to consider seeking advice from a qualified financial professional.

$2,500 minimum for a Fidelity Roth IRA account

There is no minimum investment required to open a Fidelity brokerage account. However, if you are looking to invest in a particular mutual fund, there may be a minimum investment requirement. For example, the minimum investment for the SWPPX fund on Fidelity is $2,500, and this fund also has a transaction fee for each purchase.

Fidelity offers a range of investment options, including those designed for retirement, such as the Roth IRA. The Roth IRA is an individual retirement account that you can fund with after-tax dollars. Your investments have the potential to grow tax-free, and you can withdraw money without taxes or penalties, provided certain requirements are met. There are no account-opening fees or minimums for the Roth IRA—you can invest with as little as $1.

A Roth IRA for Kids is also available, which provides all the benefits of a regular Roth IRA but is geared towards children under 18 and requires an adult custodian. With a Roth IRA for Kids, an adult maintains control of the account until the child reaches a certain age, typically 18 or 21, depending on the state. The custodian makes decisions about contributions, investments, and distributions, and statements are sent to them. The minor remains the beneficial account owner, and the funds must be used for their benefit.

Fidelity also offers "zero fee, zero minimum" funds exclusively for Fidelity brokerage accounts. These include the Fidelity ZERO Large Cap Index Fund (FNILX), the Fidelity ZERO Extended Market Index Fund (FZIPX), the Fidelity ZERO Total Market Index Fund (FZROX), and the Fidelity ZERO International Index Fund (FZILX). These funds have a 0% expense ratio and no minimum investment amount.

$200/month auto withdrawal bypasses $2,500 minimum

There is no minimum investment required to open a Fidelity brokerage account. However, certain funds, such as mutual funds, may have a minimum investment requirement, which can vary depending on the fund. For example, the SWPPX fund has a $2,500 minimum investment requirement when traded on Fidelity.

If you are looking to invest in individual stocks, there is no minimum investment required beyond the price of a single share of the stock you wish to purchase.

In the case of a Fidelity Roth IRA account, you can bypass the $2,500 minimum investment requirement by setting up an automatic monthly withdrawal of $200 or more from a checking account. This allows you to invest smaller increments at a time.

Fidelity also offers "zero fee, zero minimum" funds exclusively for Fidelity brokerage accounts. These funds have a 0% expense ratio and no minimum investment requirement. Examples of such funds include the Fidelity® ZERO Large Cap Index Fund (FNILX) and the Fidelity® ZERO Extended Market Index Fund (FZIPX).

It is important to carefully review the fees, minimums, and other relevant information before making any investment decisions.

$2,500 minimum for mutual funds

When it comes to investing in mutual funds with Fidelity, there is no one-size-fits-all answer as the minimum investment amount can vary depending on the specific fund. While some Fidelity mutual funds have a $0 minimum investment, others may require a minimum investment of $2,500 or more. It's important to carefully review the details of your desired fund before making any investment decisions.

For example, the Fidelity® 500 Index Fund (FXAIX) is known for tracking the S&P 500, and it has a minimum investment of $2,500 when traded on Fidelity. This fund also has transaction fees associated with each purchase, which can vary depending on the method of purchase. Online transactions, for instance, incur a $75 fee.

On the other hand, Fidelity also offers a range of zero minimum investment mutual funds, such as the Fidelity ZERO Large Cap Index Fund (FNILX), the Fidelity ZERO Extended Market Index Fund (FZIPX), the Fidelity ZERO Total Market Index Fund (FZROX), and the Fidelity ZERO International Index Fund (FZILX). These funds are available to individual retail investors who purchase their shares through a Fidelity brokerage account, and they provide exposure to a broad range of large-capitalization U.S. companies, mid- to small-capitalization U.S. companies, publicly traded companies in the U.S., and foreign developed and emerging stocks, respectively.

It's worth noting that while there is no minimum investment required to open a Fidelity brokerage account, certain funds may have minimum investment requirements. Therefore, it's always important to review the specific details and requirements of your desired fund before making any investment decisions.

No minimum for stocks

There is no minimum investment required to open a Fidelity brokerage account. Fidelity offers <$0 trading commissions, a selection of more than 3,300 no-transaction-fee mutual funds, top-notch research tools, and a mobile platform. Fidelity also offers a range of no-expense-ratio index funds with no minimum investment requirement.

Fidelity is one of the most well-rounded brokerages available today. It has low costs, a great app, tons of educational content, advanced trading features, and excellent customer support.

Fidelity's online trading experience offers an entry point for advanced traders and beginners who want the big picture on their finances. Its intuitive and easy-to-use interface allows users to quickly explore Fidelity's offerings and compare investments without feeling pressured or confused.

Fidelity also offers a customized mobile app experience for the Fidelity Youth Account, an investment account designed for teenagers (aged 13 to 17). The account allows a parent or guardian to monitor the teenager's activity and offers access to stocks and ETFs, including fractional shares.

Fidelity has two trading platforms: Fidelity.com and Active Trader Pro. Both are free for all customers and include advanced screeners with research and strategy-testing tools based on ten years of historical data.

Fidelity does not offer futures trading, and its Fidelity Crypto offering is limited compared to other brokers that offer crypto access. While the lack of these features would not dissuade most retirement investors, they are options that active or advanced traders may want in their investing toolkit.

Frequently asked questions