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How to Buy Stocks on Fidelity

Published Sept. 5, 2024
Robin Hartill, CFP
Ashley Maready
Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation.

Fidelity is a full-service brokerage and a top platform for buying and selling stocks. The firm provides commission-free stock and ETF trading, a host of brokerage accounts, and extensive research tools. Keep reading to learn how to buy stocks on Fidelity -- no experience required.

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Bottom Line

Fidelity makes investing easy with $0 commission trades, powerful tools, and 24/7 support. Trade stocks, ETFs, options, and even crypto -- all in one place. Get expert insights, automate your investing, and potentially earn more on uninvested cash.

Fees:

$0 commission for online U.S. stock and ETFs*. No account fees****.

Account Minimum:

$0****

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How to buy stocks on Fidelity

You can use Fidelity to buy almost any stock that's listed on U.S.-based exchanges, like the New York Stock Exchange and Nasdaq, as well as over-the-counter markets. It also provides access to 25 foreign stock markets in non-retirement accounts, which is why Fidelity is among the top brokers for international trading. Follow these steps to start buying stocks on Fidelity.

1. Open an account

Whether you're using Fidelity or another top-rated stock broker, you'll need to open an account before you can buy your first stock. There are several types of accounts you can open through Fidelity, but if you want to buy and sell individual stocks and exchange-traded funds (ETFs), you'll want to open one of the following:

  • Individual retirement account (IRA): IRAs give you tax advantages when you save for retirement. Depending on the type of IRA, you may qualify for a tax break on contributions for the current year (if you choose a traditional IRA) or on withdrawals in retirement (if you choose a Roth IRA). The drawback, though, is that you're often penalized if you withdraw funds before age 59 1/2.
  • Taxable brokerage accounts: Taxable brokerage accounts don't offer any tax advantages, but you can withdraw your money at any time without penalty. Unlike IRAs, they don't limit the amount you can contribute.

Once you've chosen the type of account you want, you can open a Fidelity account in just a few minutes. You'll need to provide your name, date of birth, address, email, Social Security number, and employment information to complete your account setup.

After you've opened your account, you might want to download the highly rated Fidelity mobile app, which gets an average rating of 4.8 stars in the App Store and 4.5 stars on the Google Play store. You can use it to manage your account, get real-time stock quotes and market updates, and access a plethora of research tools.

2. Deposit money

You'll need to deposit money before you can buy stock on Fidelity. Fidelity says the fastest way to transfer funds is through a bank transfer.

Most bank wires process the same business day if they're initiated by 4 p.m. EST, and the money will be available immediately. You could also set up an electronic funds transfer (EFT), but the transfer usually takes one to three days to process.

Fidelity doesn't have minimums to open an IRA or a standard brokerage account, which makes it easy to get started without much money. You can make your first trade with as little as $1 if you're buying fractional shares on Fidelity instead of full shares.

3. Choose your investments

It's essential to do your homework before you buy stocks. Fortunately, Fidelity has several handy tools for researching stocks that are available on both Fidelity.com and the Fidelity app.

To research a stock or ETF, you can type its ticker into Fidelity's stock screener to access loads of information, including dividend and earnings history, investor sentiment, analyst ratings, who its top competitors are, and more.

4. Place an order

To buy stocks on Fidelity, you'll enter the ticker symbol into the same field that you use to get stock quotes. For example, if you want to buy Apple (NASDAQ:AAPL) stock, you'd enter AAPL. You'll need to input the following details:

  • Indicate that you're buying shares, rather than selling them
  • The number of shares you want to buy or sell, OR the dollar value of the shares
  • Whether you're placing a market order or limit order

After you've provided the necessary information, you'll get a preview of your order. If everything looks right, go ahead and place that order. Congratulations! You've just bought your first stocks on Fidelity.

How do you sell stocks on Fidelity?

Selling stocks on Fidelity is very similar to buying stocks on Fidelity. You'll need to provide the same info you do to buy stocks, only you'll choose "sell" instead of "buy."

Should you buy stocks on Fidelity?

With commission-free trading, a wide variety of investments and types of accounts, and no account minimums, Fidelity is a great brokerage choice for beginning investors. The platform makes it easy to buy, sell, and research stocks. As you gain experience, you can take advantage of Fidelity's more sophisticated research offerings.

But make sure buying stocks is appropriate for your financial situation before you rush to invest. Here are some questions to consider:

  • Do you have high-interest credit card debt? If the answer is yes, consider paying it off before buying stocks because the interest you're paying is probably higher than average stock market returns. A balance transfer credit card could help you climb out of debt faster.
  • Do you have a solid emergency fund? Aim to have at least three to six months of living expenses saved in an emergency fund before you start investing in stocks.
  • Will you need the money in the next few years? The stock market can be volatile in the short term, so it's best to avoid investing money that you think you'll need in the next couple of years. A high-yield savings account or certificate of deposit (CD) is a safer choice for short-term savings.

If you're in a solid position to invest, Fidelity is a smart choice for low-cost investing. Before you open an account, get a feel for Fidelity's platform and compare it with what other top brokers offer. Ultimately, the best choice for you boils down to what platform you're most comfortable using.

Alternatives to Consider

We recommend comparing brokerage options to ensure the account you're selecting is the best fit for you. To make your search easier, here's a short list of our best trading platforms of 2025.

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FAQs

  • Fidelity charges no commissions when you buy U.S. stocks and ETFs online.

  • To buy stocks on Fidelity, you'll need to open and fund your account. Then, enter the ticker of the stock you're buying. Specify the number or dollar value of shares you're buying and whether you're placing a market or limit order. You'll then receive a preview order. Once you've verified everything is correct, you'll place the order.

  • Yes, you can buy one share of stock on Fidelity. You can also buy less than one share using Fidelity Stocks by the Slice, which lets you buy fractional shares in about 7,000 U.S. stocks and ETFs. You can invest with as little as $1 and receive a fraction of the share that's proportional to the amount you invest.