Fidelity Spire review: Trade, learn, and track savings goals all under one roof
Fidelity Spire, managed by online brokerage Fidelity, is a free financial app that lets you trade, set goals, and learn all under the same roof.
Fidelity Spire; Savanna Durr/Insider
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Overall rating
| Feature | Insider rating (out of 5) |
| Fees | 5.00 |
| Investment selection | 4.00 |
| Access | 3.63 |
| Ethics | 5.00 |
| Customer service | 5.00 |
| Overall score | 4.53 |
Is Fidelity Spire right for you?
It also offers several account options, and it's available on both iOS and Android devices.
Fidelity Spire vs. Digit
Fidelity Spire | Digit |
Min. Investment $0 | Min. Investment $0 |
Fees 0% Fidelity account and cash management account; Fidelity Go: balances under $10,000 ($0), balances between $10,000 and $49,999 ($3/month), balances $50,000 and above (0.35%) | Fees $5 per month |
Investment choices Stocks, ETFs, and mutual funds | Investment choices ETFs |
Fidelity Spire and Digit both offer investing and saving options for those looking to target all aspects of their finances. Both platforms also provide personal investment accounts in addition to traditional and Roth IRAs.
Fidelity Spire, however, has a wider range of investment choices. You can trade stocks, ETFs, and mutual funds through its app. Digit only offers ETFs. Plus, you'll pay more in fees—it charges $5 per month.
Fidelity Spire vs. Albert
Fidelity Spire | Albert |
Min. Investment $0 | Min. Investment $0 ($1 for investing with Genius subscription) |
Fees 0% Fidelity account and cash management account; Fidelity Go: balances under $10,000 ($0), balances between $10,000 and $49,999 ($3/month), balances $50,000 and above (0.35%) | Fees 0% standard Albert services ($6 monthly minimum for investing through Genius subscription, though rates can be higher) |
Investment choices Stocks, ETFs, and mutual funds | Investment choices Stocks and ETFs |
Like Digit, Albert offers a suite of investing and savings options. These include cash accounts, cash-back rewards, automatic savings tools, auto-investing, and much more.
But compared to Fidelity Spire, you'll only be able to invest in stocks and ETFs, not mutual funds. Plus, you won't have access to IRAs, and — since investing is only available through the Albert Genius subscription — you'll have to pay at least $6 per month (or a higher rate) to access investing.
Ways to invest with Fidelity Spire
You don't need to pay any fees to set up
- Trading: You can use the app to invest in stocks, ETFs, and mutual funds.
- Goal planning: Fidelity Spire lets you set goals (e.g.. retirement, wedding, or family) and track your progress toward them.
- Learning: The app includes a compilation of articles and educational guides that aim to help you make smarter financial decisions. You can even filter its library to find articles for goals like making major purchases, becoming debt-free, and more.
- Prioritizing: With Fidelity Spire's decision tool, users can get a closer look at how their monthly contributions affect their goal timelines. The app currently lets you compare up to two goals at once. Plus, its spare cash calculator makes it simple to determine whether you've got any money left over from your monthly budget. Fidelity Spire offers those who have spare cash guidance on how they can use those funds to get closer to their goals.
In addition, you can use several accounts with Fidelity Spire. These include the standard Fidelity account, the Fidelity Cash Management Account, Fidelity Go, traditional IRAs, Roth IRAs, and rollover IRAs. And you can even connect non-Fidelity accounts to the app to keep track of all your finances in one place.
Fidelity Spire: Is it trustworthy?
The ratings typically reflect the BBB's opinion of how well a company interacts with its customers, but the bureau also considers the following when evaluating businesses: type of business, time in business, customer complaint history, licensing and government actions, and advertising issues.
Keep in mind, though, that ratings don't guarantee performance or reliability. For this reason, it's wise to conduct your own research in addition to the bureau's findings. Fidelity's profile shows it closed more than 300 complaints in the last 12 months.
Fidelity Spire — Frequently asked questions (FAQ)
What is the difference between Spire and Fidelity?
Fidelity, on the other hand, is an online brokerage that provides a more extensive range of products. These include self-directed accounts, automated investing, retirement accounts, college savings plans, custodial accounts, and much more. Since Fidelity Spire is connected to Fidelity, you'll still be able to utilize several of Fidelity's products (e.g., the Fidelity brokerage account, Fidelity Go, and more). You just won't have access to all of the products provided by Fidelity.
What does Fidelity Spire do?
Fidelity Spire is a financial app that strives to help its users make smart financial decisions and reach their short- and/or long-term savings goals. As mentioned earlier, it offers trading, goal planning, financial education, and much more.
Can you trade options on Fidelity Spire?
No. Fidelity Spire doesn't allow options trading at this time.