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Fidelity 2020 Review: Is Fidelity Investments Good for Beginners?

So you're looking to start investing online but you're not sure if Fidelity Investments is the right platform for you. Are Fidelity Investments good for beginners? Or is there a better alternative? In this Fidelity Investments review, we'll take a closer look at the platform and to see if it's a good broker for you and your goals. 

Fidelity Investments Review:  

A screenshot of Fidelity Investments logo.

The Bottom Line:

Fidelity Investments is a good low cost platform to start building and managing long term investments. Creating a brokerage accounts is free, and they have other cash management services too, including a credit card. While they do have software for day traders (such as Active Trader Pro) it's not generally recommended because it's a little slow. Fidelity is best known for credit cards, mutual funds, and other long term investments.

Pros: 

  • Most Accounts are Free with Low Fees.
  • Great Database of Stocks and Long Term Investments
  • Good Research & Learning Centers.
  • Decent Credit Card Rewards (Cash Back, ATM Fees Refund, etc)
  • Active Trader Pro, Software for Traders

Cons:

  • Low Rating on Customer Review Platforms.
  • Certain Fees are High, When Compared to Other Platforms.
  • No Automatic Trades for Individual Stocks.
  • Can be a Little Overwhelming for Beginners.

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