Opening a Fidelity account is one of the simplest ways to start investing, saving for retirement, and building long-term wealth. Whether we want to open a brokerage account, create a Roth IRA, or establish a traditional IRA, the process can be completed online in just a few minutes.
This guide explains exactly how to open a Fidelity account, the documents required, account types available, fees, and the complete application process.
Types of Fidelity Accounts We Can Open
Before starting the application, it is important to choose the right account type.
A brokerage account allows us to:
Benefits include:
Requirements to Open a Fidelity Account
To open a Fidelity account, we generally need the following:
Personal Information
Prepare:
We must provide:
For electronic funding, we need:
How to Open a Fidelity Brokerage Account
The brokerage account application is straightforward.
Step 1: Visit Fidelity
Go to Fidelity's official website and select Open an Account.
Choose Brokerage Account from the list of available accounts.
Step 2: Create Login Credentials
If we are new customers:
Step 3: Enter Personal Details
Provide:
Step 4: Add Banking Information
Link a bank account by entering:
Step 5: Review and Submit
Review all information carefully.
Accept:
Many applicants receive approval within minutes.
How to Open a Roth IRA with Fidelity
Opening a Roth IRA follows a similar process.
Step 1: Select Roth IRA
Choose Roth IRA from Fidelity's retirement account options.
Step 2: Complete Personal Information
Enter:
Step 3: Choose Contribution Method
We can fund the account through:
Step 4: Select Investments
After funding the account, choose investments such as:
How to Set Up a Roth IRA with Fidelity for Beginners
For beginners, a simple setup often works best.
Recommended Allocation
Alternatively, we may select a target-date fund that automatically adjusts the portfolio as retirement approaches.
How to Open an IRA Account with Fidelity?
The process for opening an IRA account is:
Minimum Deposit Requirements
One advantage of Fidelity is its flexibility.
Brokerage Account
Some funds have:
Fidelity Account Fees
Fidelity is known for low-cost investing.
Brokerage Account Fees
IRA Fees
Investment products themselves may have expense ratios.
Documents Required to Open a Fidelity Investment Account
The following documents may be requested:
Identity Documents
This guide explains exactly how to open a Fidelity account, the documents required, account types available, fees, and the complete application process.
Types of Fidelity Accounts We Can Open
Before starting the application, it is important to choose the right account type.
A brokerage account allows us to:
- Buy and sell stocks
- Invest in ETFs
- Purchase mutual funds
- Trade bonds and CDs
- Invest in index funds
- Hold cash for future investments
- Fidelity Roth IRA
Benefits include:
- Tax-free qualified withdrawals
- Tax-free investment growth
- No required minimum distributions during the owner's lifetime
- Access to thousands of investment choices
- Traditional IRA
- Potential tax deductions
- Tax-deferred investment growth
- Wide investment choices
- Flexible contribution options
- Cash Management Account
- Debit card access
- ATM fee reimbursements
- Bill pay services
- Mobile deposits
- FDIC-insured cash balances
Requirements to Open a Fidelity Account
To open a Fidelity account, we generally need the following:
Personal Information
Prepare:
- Full legal name
- Date of birth
- Residential address
- Email address
- Mobile phone number
- Citizenship information
We must provide:
- Social Security Number (SSN)
- Government-issued identification
- Employment details
- Annual income information
For electronic funding, we need:
- Bank routing number
- Bank account number
- Account ownership details
How to Open a Fidelity Brokerage Account
The brokerage account application is straightforward.
Step 1: Visit Fidelity
Go to Fidelity's official website and select Open an Account.
Choose Brokerage Account from the list of available accounts.
Step 2: Create Login Credentials
If we are new customers:
- Enter an email address
- Create a username
- Choose a secure password
- Set security questions
Step 3: Enter Personal Details
Provide:
- Name
- Address
- Social Security Number
- Date of birth
- Employment information
- Citizenship status
Step 4: Add Banking Information
Link a bank account by entering:
- Routing number
- Account number
- Bank name
- Electronic deposits
- Withdrawals
- Recurring investments
Step 5: Review and Submit
Review all information carefully.
Accept:
- Brokerage agreements
- Electronic delivery options
- Terms and conditions
Many applicants receive approval within minutes.
How to Open a Roth IRA with Fidelity
Opening a Roth IRA follows a similar process.
Step 1: Select Roth IRA
Choose Roth IRA from Fidelity's retirement account options.
Step 2: Complete Personal Information
Enter:
- Full legal name
- SSN
- Address
- Date of birth
- Employment status
Step 3: Choose Contribution Method
We can fund the account through:
- Bank transfer
- Check deposit
- Rollover from another retirement account
- Employer retirement plan transfer
Step 4: Select Investments
After funding the account, choose investments such as:
- Index funds
- Mutual funds
- ETFs
- Individual stocks
- Target-date retirement funds
How to Set Up a Roth IRA with Fidelity for Beginners
For beginners, a simple setup often works best.
Recommended Allocation
| Investment Type | Allocation |
| U.S. Index Fund | 50% |
| International Index Fund | 20% |
| Bond Fund | 20% |
| Cash | 10% |
How to Open an IRA Account with Fidelity?
The process for opening an IRA account is:
- Choose Traditional IRA or Roth IRA.
- Create or sign in to a Fidelity account.
- Enter personal and tax information.
- Link a bank account.
- Fund the IRA.
- Select investments.
- Submit the application.
Minimum Deposit Requirements
One advantage of Fidelity is its flexibility.
Brokerage Account
- No minimum opening deposit
- Start investing with small amounts
- Fractional share investing available
- No minimum to open
- Contributions can begin with modest amounts
- Automatic investing supported
Some funds have:
- No minimum investment
- Low minimum requirements
- Higher minimums depending on the fund
Fidelity Account Fees
Fidelity is known for low-cost investing.
Brokerage Account Fees
| Service | Fee |
| Account Opening | $0 |
| Account Maintenance | $0 |
| Online U.S. Stock Trades | $0 |
| ETFs | $0 Commission |
| Account Closing | $0 |
| Service | Fee |
| Roth IRA Opening | $0 |
| Traditional IRA Opening | $0 |
| Annual Maintenance | $0 |
| Online Stock Trades | $0 |
Documents Required to Open a Fidelity Investment Account
The following documents may be requested:
Identity Documents
- Passport
- Driver's license
- State ID card
- Employer information
- Annual income
- Net worth estimate
- Investment experience
- Voided check
- Bank statement
- Routing number