Our pricing is clearly set out, so you know exactly what you pay for and when you pay it.
Share dealing charges
- Simple charge of £10.00 for each deal placed online.
- Share dealing charges (including ETFs and investment trusts) - there is a charge made for each buy and sell transaction you place (including contributions made through a regular savings plan and dividend reinvestments). This will be deducted from the amount invested or raised through a sale.
- And a £1.50 charge for regular savings plan and dividend re-investments.
Fidelity Personal Investing service fee
- We add all of your investments together before we work out which fee band you’re in, so that you pay the lowest possible rate.
- The portion of the fee you pay on exchange-traded investments (shares, exchange-traded funds (ETFs), etc.) is capped at £45.
- You do not pay a service fee on junior accounts, or on exchange-traded investments held in an Investment Account.
- 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.
How shares are priced
Order execution regulations oblige us to obtain the best price available for you at the time of execution. Prices change throughout the day, depending on supply and demand, so prices may also vary depending on the type of order you make and the execution time of those orders. It's important to understand the difference between the price you pay for the investment (dictated daily by the stock market) and any additional dealing charges and service fees.
When you invest in shares, the price you buy or sell at depends on which type of order you place with us:
- Market order: Buy or sell shares at the quoted price, within 15 seconds, or request another quote. If the market is closed or a quote cannot be provided for either a market-related or technical reason, you can choose to buy or sell shares without seeing a quote first. This is also known as an 'At best order' as we send your request to the market and attempt to fill that order at the best price available from a number of different market makers. Prices can be volatile when market first opens, so you may wish to place a Limit order.
- Limit order: Name the price at which you’re willing to buy or sell a set number of shares (for example, 100 shares at £2.00 a share). We execute the trade if your limit price (or better) is achieved for the full amount of your order. Limit orders expire at the end of the trading day for which they’re set.
We also aggregate transactions, combining regular savings and dividend reinvestments with other customers’ orders, to gain the best executable price. We will never aggregate market or limit orders.
Changes to Fidelity’s service fee
ISA, SIPP and Investment Accounts
- On or around 1 September, we will start collecting the service fee on your accounts on the 1st of every month (currently the 15th).
- In September we will automatically open a Cash Management Account for you (if you do not already have one) and we will collect service fees from that account from 1 October onwards. This excludes joint Investment Accounts.
- If there is insufficient cash held in the Cash Management Account, the outstanding fee balance will be taken from the relevant accounts in the same way as it is today.
- The Cash Management Account also gives you the ability to hold cash outside of your other accounts, and to freely move cash around from one account to another (depending on individual account restrictions and allowances).
We'll be in touch with all of our customers to inform you of these changes formally, or to find out more now, you can read our Doing Business With Fidelity document.