Fidelity investors making online stock trades, no matter how many trades are involved, will now pay a flat rate of $8 per trade instead of the penny per share they are currently charged.

Effective this past Wednesday, the change is applicable to "Gold Level Investors," or those who execute 120 or more trades a year, have household assets of more than $30,000, or invest $1 million or more with Fidelity.

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