Fidelity forex trading offers a variety of trading tools and platforms. Its web platform lets you trade stocks by share, by dollar amount, and by rolling options orders. Users also have the ability to create customized baskets of up to 50 stocks to manage as a single unit. There is also a mobile app for executing trades. You can enter buy, sell, and stop orders, as well as trailing stops and market-on-open orders.
You can also trade covered securities, if you’re a customer of Fidelity. It’s important to understand the terms of these policies. This policy requires that you disclose any covered securities held by you, your family, or any person you’re covering. Your financial institution may also be required to disclose any covered securities you hold.
Margin trading is another feature offered by Fidelity. The percentage of margin required varies with the amount of money you deposit. The lowest margin rate is 8.3% for deposits under $25,000 and 4% for deposits above $1 million. Fidelity’s margin rates are some of the lowest in the industry. You can also use Fidelity’s trading platform to place long and short positions on a range of tradable assets.
Fidelity also offers an impressive array of investment accounts, educational materials, and tools for technical and non-technical trading. It also offers low fees and excellent customer service. While the firm doesn’t offer futures, cryptocurrencies, or commodities, it still offers excellent online trading tools and services. The company continues to invest in innovative systems and tools, and has recently added customizable indexes and thematic baskets to its platform.
Fidelity forex trading is another one of the top forex brokers. It offers low trade fees and is tied with Schwab in the lowest trade commission. It also offers a free list of over 300 ETFs. The company also manages both passive and active investors. Its Magellan Fund is the most popular actively managed mutual fund in the US. The company has also won numerous awards from respected publications.
Fidelity offers similar tools and features to E*Trade and its robo-advisor service. However, Fidelity has superior mobile capabilities, which may make it better suited for active traders. Its international and forex trading platforms offer a wide range of investment options. Both options have extensive research tools and educational resources.
Fidelity funds have a Code of Ethics that outlines the rules and responsibilities for trading in the name of personal benefit. This code applies to all employees of Fidelity funds and their investment advisors. This code of ethics is also applicable to Fidelity employees and principal underwriters.