Fidelity Online Trading Platform: A Comprehensive Review

Introduction

Fidelity is one of the biggest names in the world of online trading platforms. It offers a comprehensive suite of investment products and services, including stocks, bonds, ETFs, mutual funds, and more. In this article, we’ll take a closer look at Fidelity’s online trading platform and evaluate its features, usability, and overall value proposition.

User Interface

The Fidelity online trading platform is designed with the user in mind. It features a clean, intuitive user interface that is easy to navigate. The platform is divided into several sections, including a dashboard, account overview, and trading center. The dashboard provides a snapshot of your account activity, while the account overview gives you a detailed view of your holdings and performance.

The trading center is where you’ll execute your trades. It features a customizable layout that allows you to arrange your tools and resources in a way that suits your trading style. The platform also offers advanced charting and analysis tools, which can be useful for technical traders.

Investment Products

Fidelity offers a wide range of investment products for its customers. These include stocks, bonds, ETFs, mutual funds, options, and more. The platform also offers access to international markets, which can be useful for investors looking to diversify their portfolios.

Fidelity’s mutual fund offerings are particularly impressive. The platform offers more than 10,000 mutual funds from over 100 fund families. These funds are available with no transaction fees or loads, making them an attractive option for long-term investors.

Research and Education

Fidelity offers a wealth of research and educational resources to help investors make informed decisions. The platform features a robust research center, which includes market commentary, news, and analysis from Fidelity’s team of experts. The platform also offers educational resources, including webinars, videos, and articles, to help investors learn about investing and trading.

Mobile App

Fidelity’s mobile app is a great complement to its online trading platform. The app is available for both iOS and Android devices and offers many of the same features as the desktop platform. The app also includes some additional features, such as mobile check deposit and biometric login.

Customer Service

Fidelity is known for its excellent customer service. The platform offers 24/7 phone support, as well as live chat and email support. Fidelity also has a network of physical branches where customers can receive in-person support and advice.

Pricing

Fidelity’s pricing is competitive with other online trading platforms. The platform charges $4.95 per trade for stocks, ETFs, and options. Mutual funds are available with no transaction fees or loads. Fidelity also offers a range of commission-free ETFs and mutual funds.

Conclusion

Overall, Fidelity’s online trading platform is a great option for investors and traders of all levels. The platform is easy to use and offers a wide range of investment products and services. Its research and educational resources are also top-notch, and its customer service is excellent. While its pricing is competitive, it may not be the cheapest option available. However, for investors looking for a reliable and comprehensive online trading platform, Fidelity is definitely worth considering.