What is Fidelity BrokerageLink fees?

Online: $49.95 or $75 per purchase. To identify any applicable transaction fees. associated with the purchase of a given fund, please refer to the ”Fees and. Distributions” tab on the individual fund page on Fidelity.com. FAST®: 0.5625% of principal per purchase; maximum $187.50, minimum $75.

Is there a fee for BrokerageLink?

Fidelity Transaction Fees – These are fees charged by Fidelity. There are no fees to open a Fidelity BrokerageLink® account.

What is Fidelity BrokerageLink?

Fidelity BrokerageLink® is a self-directed brokerage account that gives participants access to thousands of mutual funds from many different mutual fund companies. A self-directed brokerage account is essentially a do-it-yourself option that is designed for investors who desire more choice of investments.

Can I buy stocks with Fidelity BrokerageLink?

Through your Fidelity BrokerageLink account, you are unable to invest in Fidelity mutual funds and non-Fidelity mutual funds offered through the University of California Retirement Savings Program, tax-exempt securities, employer securities (includes all types of equities, e.g. common stock, preferred stock.

Is BrokerageLink part of 401k?

Fidelity’s BrokerageLink® option is a self-directed brokerage account within the 401k or 403b plan.

Why did Fidelity charge me a $50 commission?

Fidelity offers commission-free trading for stocks, options, and ETFs on all U.S stock exchanges. Any trading activity that involves foreign stocks on the OTC market will incur a fee of $50. The fee listed by Fidelity as “foreign settlement fee” will be included as part of the cost basis when you buy on Fidelity.

Can I use my Fidelity 401k to buy stocks?

Self-Directed Plan However, sole proprietors and business partners can open a Fidelity self-directed 401k plan and manage it themselves. They then have access to trading individual stocks, mutual funds, commodities, options and other investment choices.

Can I buy individual stocks with BrokerageLink?

The “link” that connects BrokerageLink to other funds in the plan is a money market fund. Money going into or coming out of the brokerage account is put into or taken from the money market fund. From there, you place trades to buy or sell other mutual funds, ETFs, individual stocks and bonds, etc.

Does Fidelity have hidden fees?

The good news is that the bait — Fidelity Zero Total Market Index Fund and Fidelity Zero International Index Fund — is as advertised: There are no hidden fees, and costs are not simply waived temporarily.

Does Fidelity charge to buy stocks?

$0.00 commission applies to online U.S. equity trades, exchange-traded funds (ETFs), and options (+ $0.65 per contract fee) in a Fidelity retail account only for Fidelity Brokerage Services LLC retail clients.