Fidelity Investments is one of the largest and best-known investment brokers in the United States. The company has a long history dating back to 1946 (founded) and today offers a wide range of investment products and services to individual investors and institutional clients.
Fidelity has a large network of branches across the country and its online platform is well designed and easy to use. The firm also offers a wide range of investor resources, including research reports, educational materials and investment tools.
FIDELITY Investments Platform Review
Fidelity Investments has a strong reputation for providing quality customer service. The firm received high marks in the client satisfaction survey ranking first among all full-service broker-dealers. Fidelity also earned top scores for its mobile app, website, account opening process and investment selection.
Commission and Fees
Commission Fees: $0 (stock / ETF), $0 plus $0.65/contract (options).
Requirements
A trader opening an account with Fidelity will not need a minimum fund amount. This will require the trader to complete an online registration form.
Active Trader Pro
This is the trading platform used by Fidelity traders. Features included with Active Trader Pro offer the trader market data that is streamed in real-time. The use of advanced charting is available and ability to make hypothetical trades to assess real-time profit and loss estimates. All the services that are provided to a trader can be done with one click of the mouse.
Mobile Applications
Users that are on the go can install their mobile application on their iPhone and iPad. This is an app that allows traders to easily view their portfolio and to make quick trades. One benefit a trader has using the application is news that is up to the minute, account history and monitoring of money.
Disadvantages
The website is not stable and can become slow on days with a high-volume of trades. Traders that have mutual funds they have purchased will carry a low balance fee of $12, if their balance falls under a level of $2,000. Trading tools available to traders do not have as many features as provided by competitor sites. However, the research that is available to a registered user is second to none.
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