| Pros |
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| Cons |
|
Fidelity is not recommended.
Fidelity has really great research tools. Beyond that, the standard services offer nothing that stacks up well against the top brokers. Active Trader Pro, a desktop application version of the service available to customers making 36 or more trades per year, offers an improved trading experience and charting application. Commissions and fees can be excessive for those that do not qualify for discounts. Margin rates are excessive except for those lucky few with $500,000+ loan balances. Fidelity is by no means a bad service but it falls just short of our recommended list.
Registration ................................................................................................. C
Stock Trading (standard) ............................................................................. D
Stock Trading (Active Trader Pro) ............................................................... C
Options Trading (standard) .......................................................................... D
Charts (standard) ......................................................................................... D
Charts (Active Trader Pro) ........................................................................... B
Research Tools ............................................................................................ A
Commissions and Fees (Pass/Fail) ... Pass, for those that qualify with 36+ trades/year and $25,000 in household assets or $50,000 in household assets or 72+ trades/year
Read my full review of Fidelity and other major online brokers at http://onlinebrokerreview.blogspot.com/
Last edited on Dec 08, 2009