Fidelity Roth IRA review

Fidelity ranks first because it removes the usual cost barriers on both sides of the Roth IRA decision. Its Roth IRA page lists $0 account fees and a $0 minimum, and self-directed savers can invest with as little as $1, including in target date funds built for retirement. Savers who would rather not pick funds can open Fidelity Go, which has no minimum to open, starts investing once the balance reaches $10, and charges a $0 advisory fee on balances under $25K, then 0.35% a year above that. That makes Fidelity the cheapest managed Roth IRA on this list for small balances, where Betterment charges $5 a month and Wealthfront 0.25% a year. The footnotes are honest about the limits: fund expenses, managed account fees and some transaction commissions can still apply. Fidelity offers no contribution match, so savers who want a bonus on each deposit should compare Robinhood and SoFi.

Who it is for

most savers who want $0 fees and both DIY and managed options

Price

$0 account fees and $0 minimum; Fidelity Go charges $0 under $25K, then 0.35% a year.

No account-opening fees or minimums—invest with as little as $1
Quoted from the vendor pricing page on November 13, 2026.

Key features

• $0 account fees and a $0 minimum to open a retail Roth IRA
• Invest with as little as $1 in self-directed investing
• Target date funds among the investment choices
• Fidelity Go managed account: $0 advisory fee under $25K, 0.35% at $25K and up
• Fidelity Go needs a $10 balance before it invests

Strengths and weaknesses

• Strength: Only provider here with a fee-free managed option for balances under $25K
• Strength: No account fees or minimums on Fidelity retail IRAs
• Strength: DIY and managed Roth IRAs under one login
• Weakness: Fund expenses and some transaction commissions can still apply
• Weakness: Fidelity Go rises to 0.35% a year once the balance reaches $25K
• Weakness: No contribution match like Robinhood or SoFi

Key facts

• Account fee: $0
• Minimum: $0, invest from $1
• Managed option: Fidelity Go, $0 under $25K, 0.35% at $25K+
• Contribution match: None

Where it ranks

Fidelity Roth IRA is No. 1 in our Best Roth Ira Providers verdict.