Fidelity offers no-commission trades for stocks, ETFs and options trading. Furthermore, its free third-party research covers an expansive array of sources. Their mobile apps support streaming quotes as well as multi-leg options trading; however they do not support futures trading, commodities or currencies.
This company provides numerous popular mutual funds and features comprehensive stock, bond, and ETF screeners. Furthermore, there are retirement plans and 529 college savings accounts.
1. It offers a wide range of products
Fidelity offers a comprehensive portfolio of investments, such as stocks, mutual funds, exchange-traded funds (ETFs), fixed income investments and 529 college savings plans. Furthermore, they provide various financial tools and calculators such as those to determine maximum contributions to an employer-sponsored retirement plan or to calculate charitable giving tax benefits; all accessible through both their website and mobile app.
Fidelity offers exceptional trade execution through proprietary smart order routing and FDLM technology to quickly locate the lowest prices for every order placed with them. In addition, they offer free third-party research from over 20 independent firms and display upgrades and downgrades of stock on its screener. Their margin rates are competitive while they allow clients to select their tax lot preference when closing positions – such as first in, first out or average cost margining calculations are also offered as real time solutions for portfolio margining calculations based on risk assessment of your holdings.
2. It offers a high level of customer service
Fidelity is an industry leader when it comes to online trading, offering investors an expansive selection of services. Their commissions are lower than other brokers and they don’t charge many account-related fees such as stop payments or ATM fees – something other brokers do charge for. Fidelity provides several account types including taxable brokerage accounts, individual retirement accounts (IRAs), managed accounts, SEP IRAs, solo 401(k)s, health savings accounts and 529 college savings plans.
Fidelity offers educational content in multiple forms, such as articles, videos and webinars. Furthermore, Fidelity provides free access to research from third-party providers such as Argus Morningstar MSCI Zacks Investment Research BlackRock.
Customers can reach a representative via phone, email, live chat or visit to any physical Investor Center located within the US to speak with one directly, or write directly to them with their request at an appropriate address. Response times generally fall within 24 hours. Additionally, customers can visit one for individual assistance at Investor Centers located across America as well.
3. It offers a variety of investment options
Fidelity offers an expansive array of investment products and services, such as brokerage accounts, 529 college savings plans, health savings accounts (HSAs) and annuities. In addition, it features no-transaction-fee funds as well as top-of-the-line research tools and mobile apps – with stock and ETF trades costing $0.0 while Wealth-Lab Pro allows backtesting trading strategies. Furthermore, Active Trader Pro’s online platform and mobile app both feature real-time streaming quotes with watch lists capabilities allowing investors to stay ahead of market changes.
Investors can utilize Fidelity’s robust selection of tools and screens to quickly locate stocks based on a range of criteria, such as those with rapidly increasing earnings or funds with low expense ratios and long-tenured managers. Furthermore, this site features daily market updates with thematic research as well as fractional shares in stocks and ETFs for purchase. Furthermore, Fidelity provides no-fee checking accounts that pay interest and reimburse U.S. ATM fees, an advantage over competitors that don’t pay interest on idle balances!
4. It offers a dividend reinvestment plan
Fidelity Investments is an innovative online brokerage, offering nearly every service imaginable – research tools and education, low fees, multiple accounts with fractional stock purchases and fractional share purchases being some of them. CNBC Select reviewed Fidelity’s offerings so you could decide whether it was the appropriate choice for you.
This firm provides existing shareholders with a Dividend Reinvestment Plan (DRIP), which enables them to automatically reinvest dividends back into shares they already own – making this a fantastic option for dollar cost averaging strategies. Furthermore, Zacks Investment Research, Morningstar, and BlackRock research is provided.
Fidelity offers an extensive selection of mutual funds and ETFs at competitive margin rates, with clearly-outlined fees and commissions that are easy to understand. Furthermore, physical Investor Centers can be found throughout the US offering live chat support as well as phone or email assistance; their website features educational materials as well as an expansive glossary.