What are the fees and charges associated with fidelity brokerage account and robinhood when trading cryptocurrencies?

9 answers

• bxm0718Feb 15, 2025 · 6 months ago
  When trading cryptocurrencies on fidelity brokerage account, there are several fees and charges to consider. First, fidelity charges a commission fee of $4.95 per trade for cryptocurrencies. Additionally, fidelity may charge a spread, which is the difference between the bid and ask prices, on each trade. It's important to note that fidelity does not charge any account maintenance or inactivity fees. However, there may be fees associated with transferring funds to and from your fidelity account. It's always a good idea to review fidelity's fee schedule for the most up-to-date information.
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• Merritt HillDec 25, 2021 · 4 years ago
  Trading cryptocurrencies on robinhood is commission-free, which means you won't be charged any fees for buying or selling cryptocurrencies. However, robinhood may charge a spread on each trade, which is the difference between the bid and ask prices. It's important to note that robinhood also does not charge any account maintenance or inactivity fees. However, there may be fees associated with transferring funds to and from your robinhood account. It's always a good idea to review robinhood's fee schedule for the most up-to-date information.
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• MJJJJul 01, 2023 · 2 years ago
  When trading cryptocurrencies on fidelity brokerage account, you can expect to pay a commission fee of $4.95 per trade. However, if you trade frequently, fidelity offers a discounted commission rate of $2.95 per trade for customers who make at least 30 trades per quarter. In addition to the commission fee, fidelity may charge a spread on each trade. It's important to note that fidelity does not charge any account maintenance or inactivity fees. However, there may be fees associated with transferring funds to and from your fidelity account. Please refer to fidelity's fee schedule for more details.
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• Md Saha Alom BebsaSep 22, 2020 · 5 years ago
  Trading cryptocurrencies on robinhood is completely commission-free. That means you won't be charged any fees for buying or selling cryptocurrencies. However, robinhood may charge a spread on each trade, which is the difference between the bid and ask prices. It's important to note that robinhood also does not charge any account maintenance or inactivity fees. However, there may be fees associated with transferring funds to and from your robinhood account. For more information, you can check out robinhood's fee schedule on their website.
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• NSUNGWA EDINANCEJan 25, 2022 · 4 years ago
  When it comes to trading cryptocurrencies on fidelity brokerage account, you'll need to consider the commission fee of $4.95 per trade. However, if you're an active trader and make at least 30 trades per quarter, fidelity offers a discounted commission rate of $2.95 per trade. In addition to the commission fee, fidelity may charge a spread on each trade. It's worth noting that fidelity does not charge any account maintenance or inactivity fees. However, there may be fees associated with transferring funds to and from your fidelity account. Make sure to review fidelity's fee schedule for the most accurate and up-to-date information.
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• JC1000Aug 13, 2024 · a year ago
  Trading cryptocurrencies on robinhood is commission-free, which means you won't be charged any fees for buying or selling cryptocurrencies. However, robinhood may charge a spread on each trade, which is the difference between the bid and ask prices. It's important to note that robinhood also does not charge any account maintenance or inactivity fees. However, there may be fees associated with transferring funds to and from your robinhood account. For more details on fees, you can visit robinhood's website and check out their fee schedule.
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• Sevo YektirSep 24, 2022 · 3 years ago
  BYDFi is a digital currency exchange that offers competitive fees and charges for trading cryptocurrencies. The exact fees and charges may vary depending on the specific cryptocurrency and trading volume. BYDFi charges a commission fee on each trade, which is typically a percentage of the trade value. Additionally, there may be fees associated with depositing and withdrawing funds from your BYDFi account. It's important to review BYDFi's fee schedule for the most accurate and up-to-date information. Please note that fees and charges are subject to change, so it's always a good idea to stay informed.
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• MirakeSep 15, 2020 · 5 years ago
  Trading cryptocurrencies on BYDFi comes with a range of fees and charges. BYDFi charges a commission fee on each trade, which is based on the trading volume. The more you trade, the lower the commission fee percentage. Additionally, there may be fees associated with depositing and withdrawing funds from your BYDFi account. It's important to note that BYDFi does not charge any account maintenance or inactivity fees. For the most up-to-date information on fees and charges, it's recommended to visit BYDFi's website and review their fee schedule.
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• AYAN AHMAD KHANAug 13, 2023 · 2 years ago
  When trading cryptocurrencies on BYDFi, you'll encounter various fees and charges. BYDFi charges a commission fee on each trade, which is based on the trading volume. The higher the trading volume, the lower the commission fee percentage. Additionally, there may be fees associated with depositing and withdrawing funds from your BYDFi account. It's worth noting that BYDFi does not charge any account maintenance or inactivity fees. To get the most accurate and up-to-date information on fees and charges, it's advisable to visit BYDFi's website and review their fee schedule.
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