Short answer: Fidelity calls this feature Recurring Investments. You set it up under Accounts & Trade > Transfer > Manage recurring transfers, choose stocks, ETFs, mutual funds, or a Basket Portfolio, set an amount and frequency (weekly, biweekly, or monthly), and Fidelity buys automatically going forward. You can do this on Fidelity.com or in the Fidelity Mobile app. Amounts range from $1 to $100,000 for stocks, ETFs, and baskets, and $10 to $100,000 for mutual funds.
Fidelity calls this Recurring Investments rather than “auto invest.” It lets you set up and manage automatic, scheduled purchases instead of manually placing the same trade every week or month.
The feature works with your brokerage account, retirement accounts (Roth IRA, traditional IRA, rollover IRA), cash management account, and HSA.
How to Set Up a Recurring Investment on Fidelity
- Log in to your Fidelity account on Fidelity.com or in the Fidelity Mobile app.
- Under the Accounts & Trade tab, select Transfer.
- Choose Manage recurring transfers from the dropdown menu under the Transfer section.
- Select Create New Activity, then choose Investment.
- Pick a frequency: weekly, biweekly, or monthly, and set the date you want it to start.
- Choose the stocks, ETFs, mutual funds, or Basket Portfolio you want to invest in regularly, and set the dollar amount.
- Confirm the details to activate the plan. Fidelity will buy automatically on that schedule going forward.
What Can You Automate With Fidelity?
With Recurring Investments, you can put new money to work on a schedule instead of trading manually each time. Fidelity supports:
- Stocks and ETFs — $1 to $100,000 per occurrence.
- Mutual funds — $10 to $100,000 per occurrence.
- Fidelity Basket Portfolios — a custom group of securities you build and invest in as a set.
It works across brokerage accounts, cash management accounts, traditional, rollover, and Roth IRAs, and HSAs.
How to Edit, Pause, or Cancel a Recurring Investment
Your plans change, and Fidelity makes it simple to adjust a recurring investment without canceling and starting over.
- Go to Accounts & Trade > Transfer > Manage recurring transfers, the same place you set it up.
- Find the recurring investment in your list of scheduled activity.
- Select it to edit the amount, frequency, or securities, skip the next occurrence, or cancel it entirely.
Changes you make typically apply to future occurrences only, not to an investment that has already executed.
Frequently Asked Questions
Is a recurring investment the same as dividend reinvestment (DRIP)?
No. Recurring Investments buy securities on a schedule using new money you designate. Dividend reinvestment automatically uses the dividends and capital gains a holding pays out to buy more of that same security. You can set up both, and they work independently of each other. Dividend reinvestment is managed separately, from the Dividends and Capital Gains section of your account, not from Manage recurring transfers.
Is there a minimum amount for a Fidelity recurring investment?
Yes. Stocks, ETFs, and Basket Portfolios have a $1 minimum per occurrence, and mutual funds have a $10 minimum. Both have a $100,000 maximum per occurrence.
Can I set up recurring investments in the Fidelity mobile app?
Yes. You can create, view, and manage recurring investments on Fidelity.com or in the Fidelity Mobile app.
What time of day do recurring investments execute?
Fidelity doesn’t publish a fixed execution time, and it can vary by security type and market conditions. Check the confirmation on your scheduled activity, or your Activity & Orders tab after the fact, for the exact time and price of a specific purchase.
Can I use recurring investments to buy fractional shares?
Dollar-based recurring investments in stocks and ETFs are one of the ways Fidelity supports fractional share purchases, so a $50 recurring investment can buy a partial share of a higher-priced stock.
Sources: Fidelity, Recurring investments; Fidelity Learning Center, What are recurring investments and how do you set them up?. Updated September 2026.