Fidelity Investments Reviews & Ratings + User Comments

What Type of accounts can you open with Fidelity Investments?

Popular brokerage accounts are Individual, Joint, and IRA's.

The list of all accounts that one can start with Fidelity is:

1. Individual Retirement Accounts (IRAs): Traditional IRA | Roth IRA | Rollover IRA |
2. Education Accounts (529)
3. Taxable brokerage accounts
4. Cash management accounts

Fidelity Investments offers the following selection of investing products:

1. Stocks
2. Options
3. ETF's
4. Mutual Funds
5. Bonds and Fixed Income

Fidelity Investments Fees & Commissions

Fidelity Investments commission for stocks and ETFs is $7.95 per trade, which is slightly above the market average. Company does not charge account maintenance (except $25 year for SIMPLE IRA) and inactivity fees. There offer a number of commission-free Fidelity and non-Fidelity mutual funds, but keep in mind that there is a $75 short term redemption fee for mutual funds sold less than 180 days after being purchased. For stock traders, Fidelity has a very straight forward flat-fee based commissions structure. There are no limits on total trade size or price. The FundsNetwork enables you the access to over 4,900 mutual funds. Broker assisted funds purchases cost 0.75% of the total principal amount, $100 minimum and $250 maximum.

Fidelity Investment Tools and Platform Performance

The quality of research provided by Fidelity’s is simply outstanding. They have free research from more than 10 third parties available. The overall depth and scope of the research available can impress anyone. Fidelity offer the following trading platforms:

1. Beta 9.7.1: Available only to those who place 36 or more trades in a rolling 12-month period. In addition they also have access to interactive charting and market data.
2. Standard version 9.6: Available only to those who place place 36 or more trades in a rolling 12-month period. They also receive real-time quotes, news, and trading tools.
3. ActiveTraderPro.com(Web based) TheFidelity Active Trader Pro which has advanced features such as charting, real-time streaming and profit and loss calculators enables you to customize your desktop according to your needs.

Fidelity Investment Mobile Platform

They have enabled access for their trading platform via all mobile devices with browser support. They have developed special applications for iPad, iPhone, Android and Kindle Fire. You can have access to your portfolio international and extended hours trading. Their Mobile App was voted one of the best app by CNNMoney in 2012.

How good is their Customer Service and Support?

From our user reviews and feedback, we've gathered that their phone-customer-service needs improvement. But with more than 100 retail outlets in the country, you can talk to them when you have a problem. They are only among a few brokers that offer face-to-face interaction with customers.

Education & Training for Traders

You can find helpful data under "Research->Learning Center". You can have access to lessons on the trading platform, trading strategies, and Research Tools. Fidelity offers breaking news stories, analyst research reports, articles. For more in–depth information, you can attend live online workshops or a free seminar at one of their investment centers in your area.

Miscellaneous information about Fidelity Investments

Fidelity Investments started in 1946 and are among the giants in the Mutual Funds trading. Other than that, they provide fund distribution and investment advice services, as well as providing discount brokerage services, retirement services, wealth management, securities execution and clearance, life insurance and a number of other services.