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Fidelity review: fees, ISA charges and whether it's right for you

Full-service platform with strong fund range and guidance content

Best for: Fund investors who value guidance, tools and phone support.

4.6 (Excellent)Fees verified July 2026

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The short version

Fidelity is a solid full-service choice for fund investors. Fund dealing is free, the ETF and share service fee is capped at £90 a year, and the guidance content is some of the best of the big platforms.

Costs are less friendly if you trade shares often or hold a small account without a regular savings plan. Compare it against AJ Bell if you want similar breadth with lower dealing charges.

Best for: Fund investors who value guidance, tools and phone support.

Fidelity fees

Platform fee0.35% up to £250k (0.20% above); £90/year flat if under £25k without a regular savings plan
Share dealing£7.50 per online trade
Fund dealingFree
FX fee0.75% tiered
Stocks & Shares ISAPlatform fee applies
SIPPPlatform fee applies
WithdrawalsFree
Minimum to start£25/month or £1,000 lump sum
Industry benchmark: Typical UK broker platform fee 0.25%/yr, ISA total cost 0.45%/yr, FX 1.50%. Fidelity's profile relative to that is shown above.
  • The service fee on shares, ETFs and investment trusts is capped at £90/year in an ISA or SIPP.
  • Under £25k you pay 0.35% if you set up a regular savings plan, otherwise £7.50/month flat.

Verified July 2026 against Fidelity's published charges. Always check the provider's current schedule before opening an account.

Accounts available

General Investment AccountStocks & Shares ISAJunior ISASIPP

Your cash is protected by the FSCS up to £120,000. Your investments are ring-fenced in your name, held separately from the firm's own assets, so they remain yours if the firm fails, with FSCS cover of up to £85,000 for any shortfall. Authorised and regulated by the FCA.

What the reviews say

Fidelity scores 4.6 out of 5 on Trustpilot (Excellent) from over 6,500 reviews.

Reviewers highlight helpful phone support and a straightforward transfer process.

The £7.50 share dealing charge and dated parts of the website draw criticism.

Pros and cons

Where it wins

  • Free fund dealing and a wide whole-of-market fund range
  • Share and ETF holding fees capped at £90/year in ISAs and SIPPs
  • Strong retirement guidance content and calculators
  • UK phone support

Where it loses

  • £7.50 per share trade is one of the higher dealing charges
  • 0.35% headline platform fee is mid-to-high for fund portfolios
  • Flat £90/year charge punishes small accounts without a savings plan

Fidelity: common questions

How much does Fidelity charge in fees?

Fidelity's platform fee is 0.35% up to £250k (0.20% above); £90/year flat if under £25k without a regular savings plan. Share dealing is £7.50 per online trade and fund dealing is free. Foreign exchange is charged at 0.75% tiered. Fees verified July 2026 against Fidelity's published charges.

What is Fidelity's dealing fee?

Fidelity charges £7.50 per online trade to buy or sell shares, ETFs and investment trusts. Fund dealing is free. The service fee on shares, ETFs and investment trusts is capped at £90/year in an ISA or SIPP.

What does a Fidelity Stocks and Shares ISA cost?

On Fidelity's Stocks and Shares ISA: Platform fee applies. The underlying platform fee is 0.35% up to £250k (0.20% above); £90/year flat if under £25k without a regular savings plan. You can start with £25/month or £1,000 lump sum. It is not a flexible ISA, so money you withdraw still counts against your annual allowance.

What are Fidelity's SIPP charges?

Fidelity offers a SIPP. On the SIPP: Platform fee applies. Dealing inside the SIPP is charged at the same £7.50 per online trade for shares and free for funds. Withdrawals are free.

Is Fidelity safe, and is my money protected?

Your cash is protected by the FSCS up to £120,000. Your investments are ring-fenced in your name, held separately from the firm's own assets, so they remain yours if the firm fails, with FSCS cover of up to £85,000 for any shortfall. Authorised and regulated by the FCA.

Is Fidelity any good?

Fidelity scores 4.6 out of 5 on Trustpilot (Excellent) from over 6,500 reviews. Reviewers highlight helpful phone support and a straightforward transfer process. The £7.50 share dealing charge and dated parts of the website draw criticism. It suits fund investors who value guidance, tools and phone support.

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Capital at risk. This page is information, not financial advice.