Fidelity's Minimum Investment Requirements: How Much To Start?

Fidelity is a well-rounded brokerage that offers a range of investment accounts with no minimum investment requirements. These include the Fidelity Account, a multi-feature trading and investing account that allows you to select from a broad range of investment choices, including stocks, bonds, ETFs, options, and mutual funds. There is also the Fidelity Cash Management Account, which has no account minimums or initial deposit requirements and offers all the features of a traditional checking account. In addition, Fidelity offers a range of retirement accounts, such as the Rollover IRA and Traditional IRA, which have no account fees or minimums to open. Furthermore, Fidelity provides zero-expense-ratio index funds with no minimum investment requirements. Overall, Fidelity's low costs, wide range of investment options, and customer support make it a great choice for both beginner and advanced investors.

Fidelity offers a range of investment accounts with no minimum investment

• Brokerage–The Fidelity Account®: This multi-feature trading and investing account allows you to select from a broad range of investment choices, including stocks, bonds, ETFs, options, and mutual funds. You can invest with as little as $1.
• Roth IRA: This account offers potential tax-free growth and withdrawals. You can save for retirement with after-tax dollars and withdraw the money tax-free.
• Rollover IRA: This account is for those who are changing or leaving a job or getting ready to retire. It allows you to consolidate your old 401(k) and workplace accounts into a centralized account without taxes or penalties.
• Traditional IRA: This account offers tax-deferred investing for your retirement. You can save for retirement and reduce your taxable income, and your potential earnings could grow tax-deferred.
• Fidelity Cash Management Account: This account offers all the features of a traditional checking account but with more competitive rates on your cash. There are no account fees or minimums.
• Fidelity HSA®: This health savings account has no investment minimum and no fees, depending on the investments. It is suitable for short- and long-term growth.
• Custodial Account: This account is a way to invest for or give a financial gift to a child. There are no account fees or minimums to open an account, and there are no contribution limits or withdrawal penalties.
• SEP IRA: This account is for self-employed individuals and small-business owners who want access to a tax-deferred benefit when saving for retirement. There is no investment minimum.
• Fidelity Youth® Account: This account is for teens aged 13 to 17, who can learn to save and invest with as little as $1. There are no account or subscription fees.
• Fidelity Go®: This robo-advisor makes investing quick, simple, and affordable. There is no minimum to open an account, and you can start investing with as little as $10.
• 529 Account: This account is flexible, tax-advantaged, and designed specifically for education savings. There are no account minimums and no annual fee.
• Trust Account: This account helps you protect your legacy and provide greater control over how your wealth is distributed. There is no investment minimum.
• Roth IRA–Fidelity Go®: This account offers tax-free growth potential and withdrawals. There is no minimum to open an account, and you can start investing with as little as $10.
• Rollover IRA–Fidelity Go®: This robo-advisor account is for your former workplace savings. There is no minimum to open an account, and you can start investing with as little as $10.
• Traditional IRA–Fidelity Go®: This robo-advisor account is for your retirement. There is no minimum to open an account, and you can start investing with as little as $10.
• Self-employed 401(k): This retirement account caters to the needs of self-employed and owner-only businesses. There is no investment minimum.
• SIMPLE IRA: This account is for employers who want to offer retirement plans with flexibility on contributions. There is no investment minimum.
• Investment-Only Plans for Small Business: This brokerage account is designed for small businesses that have qualified plans and would like to include offerings from Fidelity. There is no investment minimum.
• 401(k) Plan for Small Businesses℠: This retirement option is designed specifically for small businesses, with simple plan choices and fewer administrative burdens. There is a one-time activation fee and a quarterly administrative fee.
• Fidelity Crypto®: You can start trading crypto with just $1.
• The Fidelity Account® for Businesses: This low-cost account helps you manage your business finances with comprehensive trading, mutual fund, and cash management features. There is no investment minimum.

Fidelity also offers a range of other investment accounts with minimum investments, such as the Fidelity® Rewards Visa® Signature Credit Card, Fidelity Managed FidFolios®, and Personalized Portfolios Accounts.

The Fidelity Account is a multi-feature trading and investment account with no minimum investment

With a Fidelity Account, you can invest with as little as $1 and trade any amount. You can choose from a broad range of investment options, including stocks, bonds, ETFs, options, and mutual funds. You can also save for retirement with after-tax dollars and withdraw money tax-free.

Fidelity offers a variety of other accounts with no minimum investment, including the Fidelity Cash Management Account, a Roth IRA, a Rollover IRA, an Inherited IRA, a Traditional IRA, a Custodial Account, a 529 Account, and a Trust Account.

Fidelity also offers a range of investment options with no minimum investment, such as the Fidelity ZERO Total Market Index Fund, the Fidelity ZERO International Index Fund, the Fidelity ZERO Extended Market Index Fund, and the Fidelity ZERO Large Cap Index Fund. These funds have no expense ratio and no minimum investment requirement.

In addition, Fidelity provides a variety of educational resources and research options for investors at all levels, from beginners to active traders.

The Fidelity Cash Management Account has no account minimums or initial deposits

The Fidelity Cash Management Account is a great option for those seeking an account for everyday spending. The account offers a range of features, including no account fees or minimums, global reimbursement on ATM withdrawals, a free debit card, check-writing, and Bill Pay. In addition, cash balances are FDIC-insured, ensuring the safety of your money.

The absence of account minimums and initial deposits makes the Fidelity Cash Management Account accessible to everyone, regardless of their financial situation. This feature is especially beneficial for those who want to start managing their finances without a large sum of money. It also provides flexibility, as there are no restrictions on the amount of money that can be added to the account.

Furthermore, the account offers a competitive rate on your cash, allowing you to maximize the growth of your money. The global ATM reimbursement feature ensures that you can access your money conveniently worldwide without incurring additional charges. The free debit card, check-writing, and Bill Pay services also provide added convenience and flexibility for managing your daily expenses and transactions.

The Fidelity Cash Management Account is an excellent choice for those seeking a checking account alternative with enhanced benefits. It provides the convenience of a traditional checking account while offering more competitive rates, making it a valuable tool for everyday spending and money management.

The Fidelity Youth Account allows teens to invest with as little as $1

Fidelity offers a range of investment accounts with different minimum investment requirements. The minimum amount to invest in a Fidelity account depends on the type of account and investment options chosen. Here are the details about the minimum investment requirements for different Fidelity accounts:

The Fidelity Youth Account:

The Fidelity Youth Account is a great option for teens aged 13 to 17 who want to start investing and building their financial future. This account has no account or subscription fees, and teens can start investing with as little as $1. It offers a secure platform for teens to learn about investing and manage their money under parental oversight. The account provides access to stocks, ETFs, and select Fidelity mutual funds, including the Fidelity ZERO funds with no expense ratio. This account helps teens develop good financial habits and gain valuable investment experience at an early age.

Brokerage Accounts:

Fidelity offers brokerage accounts with no account fees or minimums to open, providing flexibility for investors. With a brokerage account, individuals aged 18 and older can invest in a broad range of options, including stocks, bonds, ETFs, options, and mutual funds. While there is no minimum investment requirement, investors can start trading with as little as $1. This makes Fidelity's brokerage account accessible to beginners and those who want to invest smaller amounts.

The Fidelity Account®:

The Fidelity Account® is a multi-feature trading and investing account that provides access to various investment choices, including stocks, bonds, ETFs, options, and mutual funds. There are no account fees or minimums required to open this account, making it an attractive option for those who want to trade any amount. Investors can start investing with as little as $1, providing an affordable entry point into the world of investing.

Roth IRA:

Fidelity's Roth IRA account offers the potential for tax-free growth and withdrawals. It allows individuals to save for retirement using after-tax dollars, with the advantage of tax-free withdrawals in retirement. There are no account fees or minimums required to open a Roth IRA account with Fidelity, making it accessible to those who want to start planning for their retirement.

Rollover IRA:

The Rollover IRA is designed for individuals who are changing jobs or retiring and want to consolidate their old 401(k) and workplace retirement accounts into a single account. This account also has no account fees or minimums, providing a seamless transition for those looking to continue their tax-advantaged growth.

Traditional IRA:

Fidelity's Traditional IRA helps individuals save for retirement while reducing their taxable income. It offers the potential for tax-deferred growth, and there are no account fees or minimums required to open the account. Additionally, penalty-free withdrawals are allowed for certain expenses. This account is well-suited for those who want to take advantage of tax savings now.

Fidelity Cash Management Account:

The Fidelity Cash Management Account functions like a traditional checking account but offers more competitive rates on cash balances. It has no account fees or minimums, global reimbursement on ATM withdrawals, and includes a free debit card, checkwriting, and Bill Pay. This account is ideal for those seeking the features of a traditional checking account with enhanced benefits.

In summary, Fidelity provides a range of investment accounts to cater to diverse needs, and the minimum amount to invest can be as low as $1 with certain account options. It is important to review the features and requirements of each account to determine which one aligns best with your investment goals and financial situation.

The Fidelity HSA allows you to invest your health savings with no minimum investment

The Fidelity HSA is a flexible health savings account that allows you to invest your health savings with no minimum investment. You can open an account with no minimum deposit and no account fees. This means that you can start investing in your health with as little as $1.

With the Fidelity HSA, you can take advantage of potential tax-free growth on your savings. The account offers a wide range of investment choices, including stocks, bonds, ETFs, options, and mutual funds. You also have the flexibility to withdraw your contributions at any time, for any reason, without paying any taxes or penalties.

Fidelity also offers a range of other investment accounts with no minimum investment requirements, such as the Fidelity Account, a multi-feature trading and investing account, and the Fidelity Cash Management Account, which offers the features of a traditional checking account with competitive rates on your cash.

In addition, Fidelity provides a variety of educational resources and research options for investors of all levels, making it a great choice for those just starting their investment journey.

Frequently asked questions