Fidelity Review 2026
Fidelity Personal Investing charges a 0.35% service fee that tiers down above £250,000, with a flat £7.50 a month for accounts under £25,000 that have no regular savings plan. Its most useful feature for cost-conscious investors is how it treats exchange-traded investments: the service fee on shares, ETFs and investment trusts is capped at £90 a year in an ISA or SIPP, and is not charged at all on those holdings in a taxable Investment Account. An ETF investor who has used up their ISA allowance therefore pays Fidelity nothing to hold, and only the £7.50 dealing charge to trade.
Reviewed by Yaniv Barshaf, CPA · Fees verified 21 September 2026 · Our methodology
Disclosure: FeesWizard may earn a commission if you open an account through links on this page. This never affects our fee data or rankings — how we make money.
Our verdict on Fidelity
Fidelity: Broad fund range with a capped charge on shares and ETFs.
Visit the Fidelity website →We earn no commission from Fidelity.
Fees
- Stock commission: £7.50 per online share, ETF or investment trust deal (£30.00 by phone); £1.50 for regular savings plan trades and dividend reinvestment; funds free
- Withdrawal: Free to a linked UK bank account
- Inactivity: None
- Currency conversion: Tiered FX charge on international shares and non-sterling funds, applied per deal: 0.75% on the first £10,000, 0.50% on the next £10,000, then 0.25% above £20,000
- Custody and spreads: Service fee 0.35%, falling to 0.20% once you hold £250,000 or more - the rate applies to your whole balance, not just the slice above the threshold, so £300,000 costs 0.20% of the full amount. Charged on the first £1m only, giving a £2,000 annual maximum across all your personal accounts. £7.50/month flat below £25,000 without a regular savings plan; capped at £90/year for shares and ETFs in an ISA or SIPP, and not charged at all on shares and ETFs held in an Investment Account
Wondering how your money is protected? Read what happens if a broker goes bust →
Our Fidelity score: 3.5/5
How this is calculated →Computed from the fee data on this page, not assigned by hand. Our commercial relationships are not an input.
- Cost (45% of the score)35/100
Averages 0.42% of the portfolio a year in charges across our three benchmark investors.
- Regulation & protection (20% of the score)75/100
Regulated by FCA. Tier-one regulators (FCA, BaFin, SEC and equivalents) carry the most weight.
- Market & account breadth (15% of the score)100/100
Covers 5 of the asset classes we price and 3 account types.
- Accessibility (10% of the score)70/100
Minimum deposit £25; no fractional shares; has mobile app.
- Fee transparency (10% of the score)100/100
Publishes a schedule complete enough to model every charge and charges no inactivity fee.
Pros and cons
Fidelity
Pros
- +Service fee on shares and ETFs capped at £90 a year in an ISA or SIPP, and nil in an Investment Account
- +No dealing charge on funds
- +Very large fund range with in-house research
- +£1.50 dealing on regular savings plans and dividend reinvestment
Cons
- −£7.50 per share deal is one of the highest online dealing charges
- −Flat £7.50/month below £25,000 without a regular savings plan
- −0.35% fund charge is well above the cheapest platforms
Fidelity
Broad fund range with a capped charge on shares and ETFs
Visit the Fidelity website →We earn no commission from Fidelity. It is listed here because a fee comparison that leaves out the market leaders is not a fee comparison.
Fidelity vs alternatives
| Feature | Fidelity | Lightyear | InvestEngine |
|---|---|---|---|
| Rating | 3.5 / 5 | 5 / 5 | 4.7 / 5 |
| Stock commission | £7.50 per online share, ETF or investment trust deal (£30.00 by phone); £1.50 for regular savings plan trades and dividend reinvestment; funds free | UK personal accounts (GIA and ISA): no execution fee on UK, US and European stocks or ETFs. EU accounts: GBP 1 per order on UK stocks, EUR 1 per order on EUR-denominated stocks, 0.1% on other European stocks, and 0.10% (min $0.10, max $1) on US stocks. ETFs are execution-fee-free on both. | £0 dealing commission on all ETFs (DIY portfolios); no platform fee |
| Withdrawal fee | Free to a linked UK bank account | Free by local bank transfer. USD wire payments are charged (up to $8.50 UK, $6.11 EU). | Free — no withdrawal fee |
| Inactivity fee | None | None | None |
| Min deposit | £25 | None | £100 |
| Fractional shares | No | Yes | Yes |
| Demo account | No | No | No |
| Regulators | FCA | FCA, EFSA | FCA |
Frequently Asked Questions
Is Fidelity safe and legit?
Fidelity is regulated by FCA and has operated since 1969. All investing carries risk of loss.
What are Fidelity's fees?
Stock commission: £7.50 per online share, ETF or investment trust deal (£30.00 by phone); £1.50 for regular savings plan trades and dividend reinvestment; funds free. Withdrawal: Free to a linked UK bank account. Inactivity: None.
What is the minimum deposit for Fidelity?
The minimum deposit is £25.
Fidelity
Broad fund range with a capped charge on shares and ETFs
Visit the Fidelity website →We earn no commission from Fidelity. It is listed here because a fee comparison that leaves out the market leaders is not a fee comparison.