Leverage: Margin Trading
Regulation: SEC, FINRA, IIROC, etc.
Min. Deposit: $0
Platforms: Active Trader Pro, Fidelity Go, Fidelity.com Web
Found in: 1946
Leverage: Margin Trading
Regulation: SEC, FINRA, IIROC, etc.
Min. Deposit: $0
Platforms: Active Trader Pro, Fidelity Go, Fidelity.com Web
Found in: 1946
Fidelity Investments, founded in 1946, is a Stock Trading and Investing company based in the USA. Its diverse array of offerings includes an extensive selection of mutual funds and ETFs, brokerage services for trading stocks, securities, options, bonds, CDs, precious metals, cryptos, Fidelity retirement planning solutions, global investment research, wealth management, Fidelity online banking, and more.
As a financial institution established and operating in the United States, the firm is subject to strict regulatory oversight by the US SEC and FINRA, ensuring that Fidelity complies with securities laws, and provides transparent and accurate information to investors.
Based on our research, the company has a global presence and serves clients in numerous countries around the world. In general, the investment firm is well-known for its dedication to prioritizing the best interests of traders and investors, focusing on low Fidelity fees, competitive trading terms, and a commitment to a long-term investment approach.
Yes, Fidelity is a Stock and Options trading company that includes a brokerage division. It allows individuals and institutions to buy and sell stocks, Fidelity bonds, options, mutual funds, ETFs, and other securities through their brokerage accounts. While Fidelity is known for its mutual funds and investment management services, it also provides a wide range of brokerage-related services, making it a popular choice for investors looking to trade securities on the stock market.
According to our findings, the firm has a strong reputation and advantages in the investment industry. These include an extensive range of trading products, low costs and commissions, and comprehensive education and research. Additionally, the broker provides good quality customer service and offers user-friendly digital tools for enhanced accessibility and ease of use.
For the cons, some potential drawbacks may include complex fee structures for certain accounts and high minimum investment requirements for certain funds.
|Strict regulation by SEC, and FINRA||No paper trading or demo account|
|$0 minimum deposit||No futures trading|
|Stocks and Options Trading, Investment|
|Low trading fees and commissions|
|Advanced trading platforms|
|Good education and research|
|Competitive trading conditions|
|🗺️ Regulation||SEC, FINRA, IIROC, etc.|
|🖥 Platforms||Active Trader Pro, Fidelity Go, Fidelity.com Web|
|📉 Trading Products||Stocks, Mutual Funds, Forex, ETFs, Options, Bonds, CDs, Precious Metals, Crypto, etc.|
|💰 Stock Commission||$0|
|🎮 Paper Trading/ Demo Account||No|
|💳 Minimum Deposit||$0|
|💰 Base Currencies||USD, EUR, GBP, AUD|
|☎ Customer Support||24/7|
Per our analysis, Fidelity ranks among the top investment firms due to its extensive range of investment options, commitment to low fees, robust research tools, and good emphasis on investor education.
|Advantages||Trading Products||Trading Fees||Good Trading Conditions|
Although the company provides competitive trading solutions for both traders and investors, other stock trading firms in the industry expand their services or offer additional tools. These competing brokers may offer advantages such as a broader range of trading products, trading platforms, or more extensive educational materials. So, we have compiled a list of notable competitors for you to explore.
Based on our findings, Fidelity has been recognized and awarded over time. We have included a screenshot of some of these rewards below.
No, Fidelity is not a scam. It is a reputable and trustworthy Stock Broker that follows the strict rules and guidelines established by SEC and FINRA, along with Fidelity international licenses the broker operates through. These are Top-Tier regulations, safeguarding client assets, and providing low-risk Stocks and Options trading.
Yes, Fidelity is a legitimate and reliable company for investors and institutions. The firm has a long history of serving investors and managing assets on their behalf. It is regulated by financial authorities in the countries where it operates and has a strong reputation in the financial industry. Moreover, an advantage of the company’s legitimacy is that Fidelity does not offer services in offshore zones, emphasizing its commitment to operating within regulated jurisdictions and providing transparency to traders.
See our conclusion on Fidelity Reliability:
|Fidelity Strong Points||Fidelity Weak Points|
|Member of FINRA|
|Multi factor authentication (MFA)|
|Client funds security|
|Professional investing environment|
The firm prioritizes customer trading protection through multiple measures. As a reputable and well-regulated investment company, it adheres to industry best practices and regulatory standards to ensure the safety and security of client assets. These measures include safeguards against fraud and unauthorized account access, robust online transaction security, and strict identity verification protocols.
In addition, Fidelity is a member of FINRA, which provides insurance coverage for client assets held at the firm in case of brokerage failure, adding an extra layer of protection for investors. However, traders should remain cautious about their account security, regularly monitor their investments, and follow safe online practices to further enhance their trading protection.
Fidelity Margin trading allows traders and investors to borrow funds from the Brokerage company to leverage their investments, which is known as Margin Trading and is fully automatic based on the offered levels. The specific leverage amount provided by the firm can vary depending on factors such as the trader’s account equity and the individual stock being traded.
Fidelity Margin Levels are offered according to SEC, FINRA, IIROC, European, and more regulations:
Based on our findings, the broker offers cash and margin accounts to cater to different financial goals and needs. These include individual brokerage accounts, retirement accounts like IRAs and 401(k)s, custodial accounts for minors, trusts, and various other specialized accounts.
Each account type is designed to provide investors with specific benefits and tax advantages, making it possible for clients to tailor their investments to their unique circumstances and objectives.
|Fast and easy account opening||No demo or paper trading accounts|
|Account base currencies USD, EUR, GBP, AUD|
|No minimum deposit amount requirement|
Opening an account with a broker is considered quite an easy process, as you can log in and register with Fidelity within minutes. Just follow the opening account or Fidelity login page and proceed with the guided steps:
Fidelity provides a wide range of trading products to accommodate diverse investment strategies. These products include stocks, bonds, mutual funds, cryptos, metals, forex, exchange-traded funds (ETFs), options, and fixed-income securities. Additionally, the broker offers access to international markets, enabling investors to trade securities from around the world.
However, the availability of specific trading instruments may vary depending on the entity, so we advise conducting good research to determine the range of options available, also if conditions vary based on your residence.
We found that the firm offers a comprehensive range of investment plans and services to address the diverse financial needs of individuals and institutions. Additionally, Fidelity offers retirement solutions such as Individual Retirement Accounts (IRAs) and 401(k) plans. Its brokerage services cater to those looking to trade stocks, bonds, and other securities, while wealth management services are available for high-net-worth clients seeking tailored investment strategies and financial planning.
Moreover, the company supports education savings plans, and fixed-income investments, and provides retirement planning tools and advisory services, emphasizing their commitment to helping clients achieve their financial goals.
In terms of fees, we found that the broker offers low costs, making it an attractive choice for cost-conscious investors. While specific fees can vary depending on the type of account and investment products, Fidelity generally offers competitive fee structures for its mutual funds and ETFs, often with no transaction fees when investing in their own funds.
Additionally, its brokerage services typically come with competitive commission rates for Stock and ETF trades. However, investors should review and understand the fee schedule for their specific accounts and investments, as certain products and services may have associated costs.
|Fees||Fidelity Fees||Vanguard Fees||Lightspeed Fees|
Based on our test trade, as a commission broker, Fidelity does not charge spreads on trades. The brokerage company offers commission-free trading for US Stocks, ETFs, and options.
However, the fees and commissions can change over time and may vary based on the type of account, the specific investments, and market conditions. Margin rates are also competitive starting as low as 9.25%.
|Asset/ Pair||Fidelity Commission||Vanguard Commission||Lightspeed Commission|
|Stocks Fees||From $0||From $0||From $0,50|
|Options Fees||From $0||From $0||From $0,20|
|ETFs Fees||$0||$0||From $0,50|
We found that the broker’s trading hours typically follow the standard hours of the major U.S. stock exchanges. This means that trading is generally available from 9:30 AM to 4:00 PM Eastern Time on regular trading days for U.S. stocks and ETFs. However, Fidelity may offer extended trading hours for certain securities, allowing for pre-market and after-hours trading. These extended trading hours can vary depending on the security and market conditions.
The broker provides a range of convenient funding methods to accommodate the diverse financial needs of its clients. These methods include electronic funds transfers (EFT), wire transfers, Fidelity credit cards, check deposits, and more.
Additionally, clients can set up automatic deposits for consistent investing or opt for asset transfers when looking to consolidate their investments from other financial institutions. Fidelity also supports cash or check contributions for retirement accounts and facilitates IRA rollovers, enabling individuals to seamlessly manage their retirement savings.
Here are some good and negative points for Fidelity funding methods found:
|Multiple account base currencies||None|
|Variety of funding methods|
|Fast digital deposits|
The broker offers great options with no minimum deposit requirement for opening an account.
Fidelity minimum deposit vs other brokers
|Fidelity||Most Other Brokers|
Per our analysis, the firm offers various withdrawal options to provide flexibility for clients accessing their funds. Clients can request withdrawals through electronic funds transfers (EFT), wire transfers, or by requesting checks to be sent to their registered addresses.
Additionally, investors can set up recurring withdrawals for regular income needs or make one-time withdrawals as necessary. Withdrawal processes may have specific requirements and processing times, so you should refer to Fidelity’s official website or contact customer service for detailed information on how to make withdrawals and any associated fees or timelines.
To initiate a withdrawal fund from your trading account, the brokerage firm provides a set of typical steps that can be followed:
Per our analysis, Fidelity Bank is a distinct financial institution that offers a range of banking services, including savings and checking accounts, loans, and mortgages. While it shares its name with Fidelity Investments, the two entities operate separately.
The Bank provides online banking services, allowing customers to manage their accounts, conduct transactions, and access various financial services conveniently through Fidelity online banking platform.
The broker offers the Fidelity website and mobile app, which are ideal for traders and investors seeking easy access to their accounts and real-time market information from web browsers or mobile devices. Additionally, Fidelity Active Trader Pro is a more advanced desktop trading platform designed for active traders, offering sophisticated charting tools, research capabilities, and customizable layouts.
For those who prefer automated investing, the firm also offers a robo-advisory platform called Fidelity Go, which creates and manages diversified portfolios based on clients’ financial goals and risk tolerance.
|Platforms||Fidelity Platforms||Vanguard Platforms||Lightspeed Platforms|
According to our findings, the broker offers a mobile app which is a powerful tool for investors and traders on the go. It provides convenient access to account information, real-time market data, and a suite of trading tools, all from the convenience of a smartphone or tablet. With the app, users can execute trades, monitor their portfolios, access research and market news, and even manage retirement and investment accounts with ease.
Fidelity’s mobile app is known for its user-friendly interface and robust features, making it a valuable resource for those who want to stay connected to their investments and financial goals wherever they are.
The broker’s customer support is available 24/7 through Phone and Virtual Assistant, and 24/5 through Live Chat. Fidelity can also be reached via social media platforms. The help center is staffed by trading experts who can assist with technical support, analysis recommendations, general inquiries, and operational issues.
See our find and ranking on Customer Service Quality:
|Phone, live chat, virtual assistant, social media channels||None|
At the last point for Education, Fidelity places a strong emphasis on investor education, offering a wealth of educational resources and tools to empower its clients. These resources include webinars, articles, videos, and interactive tools designed to help investors make informed financial decisions.
The educational content covers a wide range of topics, from basic investing principles to advanced trading strategies.
In conclusion, Fidelity stands out as a reputable and comprehensive Real Stock Trading provider. With a rich history dating back to 1946, the firm offers a diverse range of investment products, competitive trading options, and a commitment to low fees. Its dedication to investor education and robust research tools add further value to its services.
While specific offerings and fees may evolve over time, Fidelity’s consistent focus on trustworthiness, innovation, and customer service makes it a trusted choice for investors looking to manage and grow their financial assets.
Overall, we found that Fidelity provides a good trading environment for investment, however, there are some limitations too, like the absence of some popular trading products, etc., so we advise conducting your research and evaluating whether the broker’s offerings suit your specific trading requirements.
Based on Our findings and Financial Expert Opinions Fidelity is Good for:
No news available.