Company Summary
Aspect | Information |
Registered Country/Area | United States |
Founded Year | 1998 |
Company Name | Fidelity |
Regulation | Unregulated |
Minimum Deposit | 0 |
Trading Platforms | Desktop, WebTrade, and Mobile App |
Customer Support | 24/7 support via Live chat, Calls 800-343-3548 and Virtual Assistant. |
Payment Methods | Electronic Transfers, Wire transfers, and direct/check deposits. |
Introduction
Fidelity is an investment and training platform. It caters to traders with different financial goals and offers guidance for better trades. The platform offers solutions to different goals like, whether you want to spend and save, invest, trade, or a retirement plan.
The platform ensures technological solutions to businesses and firms to help them grow. It offers wealth management services for traders to help them grow and protect their wealth.
Apart from these money management processes, the platform offers multiple trading tools and instruments. If you are looking for your desired domain for trading, you can get it at Fidelity. These instruments include mutual funds, options, ETFs, crypto, and more.
Pros
- Multiple trading instruments
- Numerous Account Types
- Comprehensive Educational Material
Cons
- Limited regulatory information
- No Forex Trading
Trading Instruments
Fidelity provides traders with a range of financial instruments to trade in. It caters to traders with different trading requirements and interests. The top trading instruments you get access to are:
ETFs
The platform offers a variety of exchange-traded funds. At Fidelity, traders get access to ETFs like equity, thematic, fixed income, and more.
Mutual Funds
At Fidelity, you get to trade in multiple mutual funds including stocks, bonds, and short-term investments.
Options
The options trading at fidelity make it easier and simpler to trade. The traders get to enter the market and use opportunities mindfully.
Crypto
If you want to explore digital currencies, then you must invest in the Fidelity crypto market. It offers multiple opportunities to trade and grow.
Account Types of Fidelity
Fidelity provides multiple account types designed to cater to the different needs of the traders. Each account has features and benefits that align perfectly with your financial goals.
The top trading accounts on the platform are:
Brokerage Account
The platform offers zero commissions on multiple trading instruments like ETF and option trades.
IRAs
The retirement account is a way to save your funds for your future. Here, you get access to exceptional tools and investment guidance for making informed decisions.
Health Savings Accounts
You get to save and invest in health plans. With these, you qualify for your medical expenses and get tax advantages.
How to Open an Account at Fidelity?
Fidelity allows you to create specified accounts based on your financial goals. To create an account, you need to follow the given steps:
Step 1: Visit the Fidelity website and discover open an account option.
Step 2: Select the type of account from the multiple options that meet your needs.
Step 3: After you choose the account type, fill in the required details on the page.
Step 4: Verify your account via mail or code received on your registered number.
Step 5: Complete your application and add money to your account.
If you are confused in choosing the account type, the platform also offers guidance for your better decision.