Interactive Brokers
Pro-grade global market access
4.6/ 5
Best for: Serious Indian investors funding $10k+ via LRS who want direct US market access.
Compare Interactive Brokers with others →US broker review
Fidelity review
Zero-fee index funds pioneer
4.2/ 5
- Since 1946
- Stocks $0 online
- Options $0 + $0.65 per contract
Reviewed by LetsInvest Research DeskUpdated 17 Sept 2026Pricing verified 17 Sept 2026How we test
Overview
Fidelity offers $0 online US stock/ETF trades, $0.65/contract options and famous zero-expense-ratio index funds — but new accounts are open to US residents only, so most Indian investors cannot onboard directly. Included as the pricing benchmark every other US broker is judged against.
Best for: US residents; a benchmark quote for everyone else.
Pros & cons
What we like
- $0 trades + zero-fee index funds
- Excellent research and customer service
- No minimums, no annual fee
Watch out for
- No new accounts for customers residing outside the US
- Not a practical route for Indian residents
- US-tax paperwork even for eligible NRIs
Fees & charges (USD)
Account charges
- Account openingWhat it costs to open the account. All four open free; IBKR margin accounts need a $2,000 minimum deposit.
- $0 to open✓ Verified 17/9/2026Source: Official pricing page · Static-verified
- Annual feeYearly account fee. None of these US brokers charges one.
- $0✓ Verified 17/9/2026Source: Official pricing page · Static-verified
Equity
- US stocks, ETFs & options base (online)Commission on US stock/ETF trades. $0 online everywhere — except IBKR, where Indian accounts use per-share Pro pricing (Lite $0 is US-only).
- $0 online✓ Verified 17/9/2026Source: Official pricing page · Static-verified
Derivatives (F&O)
- Options (online)Per-contract fee on US options, on top of a $0 base commission. Exchange and regulatory pass-throughs apply on top everywhere.
- $0 + $0.65 per contract✓ Verified 17/9/2026Source: Official pricing page · Static-verified
Source & freshness
- Source
- Each broker's official pricing page (per-row source links above)
- Timeliness
- Static-verified
- Verified
- 17/9/2026
- Method
- reported
- Note
- Re-checked against official pages; unverified rows show Confirming. Never a live tick.
Sources: official broker pricing pages linked in our verification log. Brokerage is only part of the cost — forex spread, LRS/TCS and US withholding sit on top.
India access
✕ Limited: New accounts for US residents only — not directly available from India
Platforms & protection
investing
- Zero-fee index funds✓ · Zero expense-ratio index funds
protection
- Account protection✓ · SIPC member
Support & company
Customer support
Support channels not yet listed — check the broker's contact page.
Company facts
- Founded
- 1946
- Regulation
- SEC, FINRA, SIPC member
Excellent pricing, closed to Indian residents. Returning NRIs with a US address can consider it; everyone else should look at IBKR or Schwab International.
Funding from India (LRS)
Indian residents can remit up to $250,000/year under the RBI's Liberalised Remittance Scheme to fund a US brokerage account. Budget for TCS on remittances above ₹10 lakh, a 0.5–1.5% forex spread, and 25% US dividend withholding on top of the brokerage above.
US-cost calculator →How US investing from India works →NRI corner →
Alternatives to Fidelity
Charles Schwab
Trusted US giant, $0 stock trades
4.4/ 5
Best for: Long-term US-index investors opening via Schwab One International.
Compare Charles Schwab with others →
Webull
Mobile-first $0 trading
3.9/ 5
Best for: Mobile-first traders with a US tax ID.
Compare Webull with others →Fidelity FAQs
Can Indians open a Fidelity account?
No. Fidelity states it does not open accounts for new customers residing outside the United States, so Indian residents cannot onboard directly. This review is kept as the pricing benchmark.
What does Fidelity charge?
$0 online for US stocks, ETFs and the options base trade, plus $0.65 per contract on options. No minimums to open, no annual fee — the schedule every rival is measured against.
User reviews
No user reviews yet
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Affiliate disclosure: LetsInvest earns a commission if you open an account via links on this page — at no extra cost to you. Rankings are editorial and never sold. Read how we make money and our methodology.
How we research. Every fee on this site carries a source and a verification date. Data is re-checked against official broker pages; read our editorial methodology. LetsInvest is a research publication, not a financial adviser — see our terms.
Visit Fidelity
Official site — pricing varies by plan, verify before acting.