Investing With Fidelity

investing with fidelity

There are several advantages to investing with Fidelity, and this company is well worth a look. Not only does it offer a wide variety of funds, but it also provides a wealth of educational content, research, and trading platforms. Fidelity’s learning center offers free webinars and blogs on financial topics, while the research and news tab allows investors to monitor prices of investments in real time. Whether you want to start investing in a mutual fund or take your portfolio to the next level, Fidelity can help.

As one of the top brokerage firms for three consecutive years, Fidelity is a solid choice for retail investors of all experience levels. Its web-based platform includes most of the tools that buy-and-hold investors need, but its Active Trader Pro program has more customization options. Low fees and comprehensive educational offerings help Fidelity stand out from the pack. If you’re more active, Fidelity’s low costs and extensive screeners set it apart from the competition.

There are no monthly or annual fees for Fidelity brokerage accounts. The only annual fee is the SIMPLE IRA account, which requires a minimum of $200,000. All other types of accounts are free to open, though a $50 account closure fee will apply to all accounts. If you have questions about investing with Fidelity, you can call or chat with a live financial advisor to discuss your options. And if you aren’t comfortable working with online financial tools, their mobile app and customer support are available round the clock.

For investors, Fidelity offers customizable tools that let you make informed decisions about which stocks to buy and sell. The Active Market Pro platform features analytics and real-time information streaming. And, in addition to that, it also offers a mobile application for active Trader Pro. This platform lets you manage stocks, ETFs, and options from a single interface. And, you can place up to 50 orders at a time.

In addition to their zero account fees and zero minimum investment requirements, Fidelity has a range of attractive features for investors. For instance, retail brokerage accounts are free from account fees and low minimum investment requirements. They also offer zero-fee domestic money movement and check-stop payment fees. As a result, Fidelity is a popular choice among investors, especially those with a lower income or a limited budget.

For younger investors, Fidelity has a Youth Account. This account is designed specifically for adolescents and a parent can easily monitor the account’s activity. In addition, it offers access to a broad range of mutual funds, ETFs, and stocks. The account does not allow margin trading or risky investments, but it offers educational tools and articles on investing. After the account holder reaches the age of eighteen, it becomes a standard brokerage account.

Another plus of investing with Fidelity is that there is no account minimum to open an account. Starting with as little as $10, an investor can begin investing. Fidelity also offers a robo-advisor service called Fidelity GO, which uses zero-fee mutual funds to automatically manage your portfolio for you. The company’s annual management fee is competitive, ranging from zero to 0.35% based on the balance. The average fee for investing with Fidelity is about $3 per month for a taxable account and $0.35% for a tax-advantaged account.