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Are there any hidden fees associated with using Fidelity Go for cryptocurrency investments?

avatarEhlers LandryDec 16, 2021 · 3 years ago3 answers

Can you tell me if there are any hidden fees that I should be aware of when using Fidelity Go for cryptocurrency investments? I want to make sure I understand all the costs involved before I start investing.

Are there any hidden fees associated with using Fidelity Go for cryptocurrency investments?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are some fees associated with using Fidelity Go for cryptocurrency investments. Fidelity Go charges an annual advisory fee of 0.35% of your account balance. This fee covers the cost of portfolio management and investment advice. Additionally, there may be other fees associated with specific transactions, such as buying or selling cryptocurrencies. It's important to review the fee schedule provided by Fidelity Go to understand all the costs involved.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! When you use Fidelity Go for cryptocurrency investments, you should be aware of the annual advisory fee of 0.35%. This fee is charged based on your account balance and covers the cost of managing your portfolio and providing investment advice. It's always a good idea to review the fee schedule and understand all the costs before making any investment decisions.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are hidden fees associated with using Fidelity Go for cryptocurrency investments. Fidelity Go charges an annual advisory fee of 0.35% of your account balance. However, it's important to note that this fee is relatively low compared to other investment platforms. Fidelity Go also provides a transparent fee schedule, so you can easily understand all the costs involved. It's always a good idea to review the fee schedule and consider the overall value and services provided by Fidelity Go before making any investment decisions.