Fidelity

Rating: 4.5 / 5

Fidelity ranks among the most dominant global asset managers, with $4.3 trillion+ in assets under management. It provides clients with cutting-edge trading technology, extensive asset selection, plus commission-free equity and ETF trading. Fractional share dealing and no-transaction-fee mutual funds are also available. I have reviewed this financial powerhouse and industry leader to determine if its product and service portfolio deserves the praise it receives and whether you should manage your investment and retirement portfolios with Fidelity.

Fidelity Website Screenshot

Broker Details

Headquarters
United States
Established
1946
Min Deposit
$1
Execution
Market Maker
Regulators
FINMA, SEC

Trading Conditions

Retail Loss Rate
Undisclosed
Min Raw Spreads
Not applicable
Min Standard Spreads
Not applicable
Min Forex Commission
Not applicable
Trading Hours
CryptocurrenciesDaily 04:00 - Daily 12:00
BondsMonday 07:00 - Friday 20:00
ETFsMonday 07:00 - Friday 20:00
OptionsMonday 07:00 - Friday 20:00

Accounts & Funding

Funding Methods
5
Deposit Fees
No
Withdrawal Fee
No

Trading Costs & Spreads

EUR/USD
Not applicable
GBP/USD
Not applicable
Gold
Not applicable
Bitcoin
1% maximum spread
WTI Crude
Not applicable
Inactivity Fee
no

Platform & Features

Trading Platforms
Proprietary platform, ATpro platforms

Pros

  • Wealth management and robo-advisory services
  • Commission-free equity and ETF trading
  • Superb independent research
  • Outstanding choice of equities, ETFs, and mutual funds

Cons

  • Expensive margin rates for traders

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