Investment account fees & charges
Be invested with no limits
Important information - please keep in mind that the value of investments can fall as well as rise, so you may get back less than you invest. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser.
Our service fee
We believe in giving you great value, so we charge an annual service fee, payable monthly, based on the total value of your investments, this means you pay the lowest rate possible. We do not charge a service fee on Junior ISA and Junior SIPP accounts.
What’s more, we will give you a Cash Management Account that is separate from your other accounts. We collect fees from any cash held there, before we look to take money or sell from investments held in other accounts, for example your tax-wrapped ISA or SIPP.
And did we mention all the award-winning guidance, on-the-go access and support with investing you get? That’s all included.
- The portion of the fee you pay on exchange-traded investments (shares, exchange-traded funds (ETFs), etc.) within an ISA or SIPP is capped at £90 (£7.50 a month).
- You do not pay a service fee on junior accounts, on exchange-traded investments held in an Investment Account, or on cash you hold.
The table below shows how this fee changes as your investments increase.
Please read the Doing Business with Fidelity document for more detail on our fees and charges.
| Value of investments | Service fee (annual amount or %) |
|---|---|
| Less than £25,000 | 0.35% if you have a regular savings plan or £90 (£7.50 a month) if you don't |
| £25,000 or more but less than £250,000 | 0.35% |
| £250,000 or more but less than £1 million | 0.20% |
| £1 million+ | 0.20% a year for the first £1 million and no service fee for investments over £1 million. This means the maximum fee you will ever pay for all of your personal accounts is £2,000 a year. |
The same service fee is charged across all of your investments. So, if you hold £300,000 - the fee would be 0.20% across the full amount. For exchange-traded instruments, this portion of the fee is capped at £90 (£7.50 a month) and there is no service fee for these investments when held in the Fidelity Investment Account. There’s also no fee for investments held in a Junior ISA or Junior SIPP.
Investment charges set by companies managing your funds
Ongoing fund charges are set by the companies who manage the funds and start from 0.05%.
Some funds may also have:
- a bid-offer spread, which is effectively a charge applied when you buy or sell
- a performance fee
- a fund manager buy or sell charge.
We’ve negotiated discounted ongoing charges on hundreds of funds on our platform. We recommend checking each investment's factsheet for more information, as investment charges can differ between funds.
Share dealing and other charges
- There is a charge made for each buy and sell transaction you place (including switches and dividend reinvestments). This will be deducted from the amount invested or raised through a sale.
- £1.50 for deals as part of a regular savings or withdrawal plan, or for a reinvestment of income or a dividend.
- Simple charge of £7.50 for each deal placed online
- Phone trades are charged £30.00 for each deal.
- Stamp Duty, levies and taxes:
- UK Stamp Duty of 0.5% applies when you buy UK shares
- Irish Stamp Duty of 1.0% applies when you buy Irish shares
- UK and Irish Stamp Duty is also charged when selling UK or Irish shares Listed on an international stock exchange (the tax will reduce the price you get, rather than being taken separately). See T&Cs for details.
- In certain circumstances UK Panel of Takeovers and Mergers levy of £1.50 applies on UK share deals of over £10,000. See T&Cs for details.
- In certain circumstances Irish Takeover Panel levy of €1.25 applies on Irish share deals of over €12,500. See T&Cs for details.
- Financial transaction tax (a charge on the purchase of some exchange-traded instruments).
- This includes a number of countries internationally (some in Europe).
- Foreign exchange (FX) charges
- Applied when dealing in offshore funds that are not in sterling
- Applied when dealing in international shares
- FX charges are tiered based on the amount you are dealing. Larger trades pay a lower percentage.
Download the Doing Business with Fidelity document for more fees and charges information.
Service Fee Charges on SIPP Cash
Cash in the Fidelity SIPP is currently held as ‘Cash Within Your Account’.
We currently don’t charge a service fee on Cash Within Your Account. However, we reserve the right to retain an amount of the interest received from the bank(s) we deposit your money with to cover the cost of administering these cash balances. Please go to www.fidelity.co.uk/cash for further details.
How and when we take our fee
We deduct your service fee around the 1st of every month. This is calculated based on the total value of your investments held over the previous month.
If you hold any joint accounts we include them when we are adding up all of your investments to work out what service fee you pay. This ensures that you will pay the lowest possible rate.
The total value is then divided by 12 to determine the monthly amount that’s taken from your individual account.
When you pay service fees, they are always taken from your Cash Management Account.
- If you have cash in there, we will take your fees from this cash. This helps protect any tax-wrapped ISA and SIPP investments you may have, as it allows you to pay these fees from separate cash.
- If you don't have enough cash in there, we will sell from your investments to make up the outstanding balance and transfer that to the Cash Management Account. When we do this, we have a hierarchy and start by selling from your largest investment by value and by asset class. This means for example we would take the fee from the largest fund before we take it from an exchange-traded fund or investment trust.
We deduct your service fee around the 1st of every month. This is calculated based on the total value of your investments held over the previous month.
If you hold any other accounts outside of your joint account, we do not include them when we are adding up your investments to work out what service fee you pay. The service fee payable on a joint account is calculated on that account only.
The total value is divided by 12 to determine the monthly amount that’s taken from your joint accounts.
When you pay service fees, they are always taken from your Cash Management Account.
- If you have cash in there, we will take your fees from this cash. This helps protect any tax-wrapped ISA and SIPP investments you may have, as it allows you to pay these fees from separate cash.
- If you don't have enough cash in there, we will sell from your investments to make up the outstanding balance and transfer that to the Cash Management Account. When we do this, we have a hierarchy and start by selling from your largest investment by value and by asset class. This means for example we would take the fee from the largest fund before we take it from an exchange-traded fund or investment trust.
In most cases, this won’t make any difference to what you pay, as taking 0.35% from two accounts separately is the same as taking 0.35% from the accounts added together.
However, if you hold £15,000 in an individual account (such as an ISA) and £15,000 in a joint account then you’d pay the 0.35% service fee on the individual account (as the total value of investments is over £25,000 [£15,000+£15,000=£30,000]) plus the £90 (£7.50 a month) a year fee on the joint account (as it’s below £25,000) - unless the joint account has a monthly regular savings plan of at least £25.
Putting it into practice
Here are some scenarios, for illustrative purposes only, that show how we would calculate the service fee you would be charged. If you have less than £25,000 in total there will be a flat fee of £90 (£7.50 a month) a year, although this changes to 0.35% if you have a monthly regular savings plan (RSP). We will usually collect this fee in arrears in monthly instalments of £7.50. Remember, there are no fees charged on junior accounts or on exchange-traded investments held in an Investment Account.
Examples of what service fee you could pay
| Amount invested | Annual service fees with monthly RSP | Annual service fees without monthly RSP |
|---|---|---|
| £5,000 | £17.50 (0.35%) | £90 (£7.50 a month) |
| £24,999 | £87.49 (0.35%) | £90 (£7.50 a month) |
| £25,000 | £87.50 (0.35%) | |
| £55,000 | £192.50 (0.35%) | |
| £100,000 | £350.00 (0.35%) | |
| £249,999 | £874.99 (0.35%) | |
| £250,000 | £500.00 (0.2%) | |
These fees do not apply to customers using an adviser please see below.
Our quick and easy-to-use calculator will estimate your fees within a couple of minutes. As investment charges vary depending on which fund you invest in, this tool is only meant as a guide. If your needs are more complex, consider talking to our financial advisers.
Fidelity fees if you also use an adviser
The fees mentioned above are for investments held directly with Fidelity.
If you hold some investments through a financial adviser, then the charges will be different from the ones you hold directly with us.
We suggest you speak with your financial adviser to find out more about what charges and fees will be applied.
