#5 Fidelity

Fideltiy Reviews

Service Review
It will take less than 10 minutes to have a regular brokerage account opened. The process of account opening involves declaring a beneficiary, setting up the ACH so that money can be transferred from and to the bank. Also you need to choose an option for document delivery. With Fidelity there are as many as 529 plans that you can avail in investment products.

You also can enjoy the ability to trade on your phone that can be your iPad, iPhone, or Android. If you want your investment portfolio to be managed by an expert, you can avail professionally managed services for managing your trading accounts. Fidelity also offers customer support through phone, live chat, email, and you can also visit the retail outlets of Fidelity.

Types of Investments
Investment products and features offered by Fidelity include Options, Bonds, Commercial Paper, Foreign Stocks, Exchange Traded Funds, and Mutual Funds. Fidelity, as experts suggest is a good trading platform if you are looking forward to International trading, Options trading, as well as Long term trading.

Commission and Fees
The commission and fees for 2012 stands at USD$7.95 for exchange traded funds and stocks. In this category broker assisted amount for Stocks and ETFs is USD$32.95, Stocks and ETFs as per automated service phone (FAST) is USD$12.95, Options is USD$7.95 + USD$0.75 per contract. Mutual Funds – USD$75/transaction as many as 1400 NTF mutual funds, Bonds- US Treasury Auctions, Bonds, US Treasury Bills, and Notes. Commercial Paper – USD$50/transaction, GSE Agency Securities, Municipals, secondary CDs, Corporate, CAT/TIGRS – USD$1/bond, USD$8 is the minimum amount and USD$250 the maximum. You will have to shell out USD$2500 to open an account with Fidelity. There are other investment products too and these are bonds, mutual funds, stocks, commercial paper, foreign stocks, precious metals, ETFs, and Options.

Highlights
Round the clock you can avail online trades with Fidelity Investments at a rate USD$7.95. Fidelity offers a wide range of mutual funds to choose from. Not only that, it also offers as many as 25 iShares exchange traded funds that are available for trading without commission.

Investing and Trading Tools
Some of the investing and research tools you can employ while trading with Fidelity include stock screening, individual stock research, market commentary, and historical trading strategy. Other tools for investment and trading include analyst research reports, breaking news stories, real time quotes, graphs, as well as charts. In fact, you can also personalize your desktop with these tools.

Summary
In a nutshell, Fidelity is a good place to explore your investment plans if you want to avail personal service. Basically, Fidelity is regarded as a good choice owing to its large size and also due to the fact that it has several trading resources to offer to its customers.

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Rating: 5.9/10 (12 votes cast)
#5 Fidelity, 5.9 out of 10 based on 12 ratings

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