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As an experienced trader, my due diligence led me to examine Fidelity’s account and fee structure quite closely. From my review, it’s important to clarify that Fidelity does not operate as a typical forex or CFD broker. Instead, they focus on mutual funds, retirement schemes, and a variety of investment products aimed at long-term investors. There is no reference to ECN or raw spread accounts, which are commonly associated with active forex trading where commissions per lot would apply. For my own trading and investment planning, I found that Fidelity’s fee model is fundamentally different from the cost structures used by forex brokers. Rather than charging commissions per trade or per lot—such as what I would expect with ECN forex accounts—Fidelity applies a tiered sales charge on mutual funds and a standard schedule for other investment solutions. The fees decrease as the investment size increases, but these are primarily entry charges or management fees, not per-trade commissions. Given this structure, I am not seeing any direct commission per lot charges with Fidelity, simply because they do not offer the trading accounts or services where such fees would apply. For anyone, like me, who is looking for an active trading environment with low trading costs on a per-lot basis, Fidelity’s services do not fit this need. Their strengths lie more in regulated, long-term investment offerings, not in spot forex or CFD speculation. This distinction is essential for managing both risk and expectations.