/biz/ - Business & Finance

>>26918175
I switched to it after Robinhood, and it has worked well. It is a more complicated layout, but it doesn't cuck to wallstreet.

Fidelity is terrible and will ban your account for frivolous reasons. Use Schwab if you must.

>>26918175
You can't buy partial stocks with some companies in Fidelity and they charge you for calls but I like it.

>>26918175
Ive been using it for years now, never had them pull any bullshit, and they've held up throughout this GME fiasco as well. Quite satisfied to say the least, fwiw.

Don't trust that retard above. Been using fidelity for years no issues. I bought gme today too no halt.

>>26918426

Lol looks like someone got 3 cash settlement violations

Fidelity is based. After and pre market trades are available and was able to buy AMC at $8 this afternoon.

>>26918175

>>26918175

Fido is for people who actually have money, not Robinhood poorfags and crypto gamblers

i couldn’t figure out how to wire money into my account and electronic transfer said it takes 3 days

what coins can be traded on fidelity? doge? link?

You'll pay 65 cents per options trade but it's worth it because it won't be (((down for maintenance)) at critical times like (((RH))).

Yes Fidelity is good. They just have a ui from 2005.

>>26918175
Have you not looked at the logo?

>>26918426
Schwab wouldn't let me buy it today. Looks like they're letting you buy tomorrow but it's not clear when
also what does all this shit mean?
2. Please Note: GME has a special maintenance requirement of 300%. (AC157)
3. The market is now closed. This order will be placed for the next trading day. (DO294)
4. This security is not marginable. (DO502)
5. This order will be entered for the next standard market session and will NOT be entered in the Extended Hours Trading session. Please be aware that because of extended hours trading activity, this quote is subject to change. (DO667)
6. Quote at the time of order verification: $323.99 Ask.

>>26918175
FIDELITY FAGS, HOW ARE WE GOING TO SET SELL LIMITS TO $1500???

fidelity only lets you set limit orders up to 50% the last market price, so we can't set sell orders right now for$1000 and need to monitor the price manually to try and sell if it spikes.

Anyone found a way to set a sell order for $1000?

>>26918882
no you dont, its free.

>>26918621
>>26918618
>>26918920
I got it today after robinhood cucked out, I like it but one issue I have is I can't set a ludicrously high limit sell because it says it has to be within 50% of the last traded price. Any way around this?

E TRADE

I've had an IRA and a brokerage account with Fidelity. They're pretty great. I've never used a peasant app like Robinhood, so I can't compare them. I like Schwab and Vanguard as well.

also I will add that the mobile app is pretty limited, but the website has anything you could need.

>>26919288
they (((restricted))) today too retarded shill

>>26918175
I've got no complaints with fidelity other than they won't let me trade options in my 401(k) but I don't know if that's their call or not.
I do know I can sell at market close and have cash transferred out to my bank account within 48 hours, usually the next morning.

>>26918175
i'll probably switch, already got my 401k with them

Has anyone open up a questrade account?
The verification part is probably 2 days, or can you start trading right away?

>>26918824
I opened an account this week. First electronic transfer took 20 hrs, but I sent some more this morning and it was there in minutes.

I've used Fidelity every day since 2013 and only have positive things to say about it. Since they dropped commissions there is afaik no reason to use RH over Fidelity. Fidelity is great.

>>26918920
that's a good thing.

Any New Zealand or Australia bros here? What are some good trading apps to use that are fast and won't fuck around?

I was looking at Hello Stake but the reviews made it sound dogshit

>>26918175

No.

>>26919272
Don't sell until Monday.

>>26919200
>>26918175
Fidelity is aight. Charts are dogshit but I'm using trading view anyway. The limit order limitation bugs the shit out me though

>>26919272
I'd like an answer to this too, or is there no way around the 50% limit?

>>26918175
>Fuck Robinhood. Is Fidelity a good one to switch to?
A cryptocurrency marketplace.

duh

>>26920090
I'm not going to sell, I just want to put more pressure on the algorithms

>>26918175
https://news.gamestop.com/stock-information/institutional-ownership
hmm

>>26918175
Vanguard is the best.

>can only move money quickly between my accounts with zelle
>1k limit
>robinhood cucks me out
>fidelity site is kill
>open up a schwab account
>transfer isn't instant and now $900 is tied up
>finally able to make a fidelity account tonight
>want to transfer all of my shit out of robinhood but it's going to take 2 business days to do so
>as an experiment I tried moving some money from my bank (wells fargo) to a WF brokerage account
>summary says the money is there but brokerage account has $0 in it
What the hell should I do? If I move my shit out of robinhood I'll miss Monday and who knows what tricks they're going to pull when I try to get out. Are fidelity transfers instant?

>>26918175
How hard is it to be able to buy calls on Fidelity?

>>26920713
Is this good or bad?

>>26918687
if the illuminati will let me trade stonks then they're cool by me desu

>>26921182
it's irrelevant, it just means that fidelity-run mutual funds and ETFs own a lot of GME. which has nothing to do with whether you should switch to Fidelity as a platform

I'm in the US. What type of account do I sign up for non Fidelity. I know I'm probably too late for the gamestop AMC shit because this will be my first investment account. I'm just confused about the different types of accounts.

>>26919200
I didn't even know the sell order limit was a thing. Why though? I couldn't buy the GME dip earlier for some reason. I'm not liking Fidelity at all but I heard E-trade was worse.

>>26918426
And you will like it

stay away from Ally Invest, couldn't get into my account today until 90 mins before market close

I like fidelity, use their mobile app mostly. I don’t do options so I can’t comment on that but I’ve been able to make moves all day.

I personally love Fidelity

>t. 7 figure stack

vanguard is in the middle of changing their whole interface fyi

>>26922953
What should I pick for core position when opening an account? SPAXX, FZFXX , FCASH?

>have E-trade and Schwab accounts largely for this sort of bullshit
>they both halted
Pulling my stacks and sticking them in vanguard next month. I was already tired of managing two retail accounts and if they're both going to cuck there's absolutely no reason to hold on to them.
>tfw you only have an e-trade account because optionshouse is kill

>>26918426
Fidelity is based.

>>26923742
I use spaxx. It doesn’t matter since my money is always tied up in stocks maybe minus a few pennies.

Use Schwab
Eat ze bugz, and like it

>>26918426
>Use Schwab if you must.
schwab blocked GME and AMC purchases.

>>26924094
ty sir

Does anyone know if you can DCA in fidelity without being charged? Like lets say you buy multiple times a month will you be charged at all for buying in more/is there a limit to how many times you can buy before you are charged if its free? thank you in advance. Im trying to get out of robinhood

>>26924195
It ez for your own good, EAT ZE BUGS NOW
YOU OWN NOTHING, AND YOU WILL BE HAPPY OR ELSE

HOW THE FUCK DO I SEE THE ORDERBOOK ON FIDELITY REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

Can I buy partial stocks on fidelity?

>>26918175
Fidelity is solid. I can trade most markets except Australia, that's a 50$ fee. In the US. No BS with AMC or GME. Get fidelity and get it done.

>>26924417
Markets tab I think
>>26924973
Yep

>>26924990
But Fidelity doesn't make you eat ZE BUGZ
SCHWAB WILL MAKE YOU EAT ZE BUGS AND BE HAPPY
YOU WILL NOT OWN ZE BUGZ, BUT YOU WILL EAT ZE BUGZ

>>26918175
I have used for many years because its where my companies does 401k and stock plan, so far so good.

>>26919689
>401(k) but I don't know if that's their call or not
Thats your company, mine only lets me trade funds, and no etfs. If you enable brokeragelink you get access to alot more funds than your company plan probably has ..

What broker can I sign up with and put money in TONIGHT?

>>26918175
fidelity didnt halt today. GME today

>>26926352
So what you’re saying is we few fidelity bros are the based ones?
>based

>>26918175
I bought GME with fidelity at 10:30 an hour after their website went to shot because of the unprecedented volumes they were experiencing. My roommate is an employee there and told me that was the reason for the hour delay. Everything was smooth sailing after 10:30. It’s a solid broker

>>26918175
nope, sucks, you and your retard army can stay the fuck off of my brokerage, thank you very much

>>26919133
it means they don't trust you to use margin to buy GME calls, and they're right to do so. if you don't post cash collateral, you don't get to pretend you're going to actually execute those calls and pay for the shares.

>>26929791
that's what I figured but why would they even have such a policy is it says right below it you can't trade on margin anyway? Confusing. Then again I don't know shit.

Anyway I am using cash so it doesn't matter. Buy the dip or place it at open?

>>26930262
at this point i would wait for everyone else to be satisfied and then buy deep puts one year out.

>>26930262
SPAXX,FZFXX or FCASH

lads?

>>26930452
fzfxx but they're all pretty much the same and they don't matter unless you leave money sitting in the account

>>26930378
fuck making $ I just want to help the squeeze. I'd rather burn my cash than short yooolo

Fuck bros I'm about to drop the knife and complete opening an account. y/n?

>>26924973
Down to .001 of a share

What happens if Robinhood sells our GME shares overnight?

Fidelity takes a day or two to transfer money into, right?

>>26932210
For first transfer yes

>>26932458
Who can I got to to have money right the fuck now?

>>26918426
>you vill sell ze shares at rock bottom und you vill be heppy

>>26932526
robinhood omegalul.

or hook paypal up to fidelity

Fidelity is the best broker in my experience. RH is the worst, a close 2nd being Vanguard

They can all be shut down

Buy MUSE. They can't stop us

>>26924368
guys pls reply to this newfag with a very simple question I beg

>>26918175
If youre only trading on desktop, go for it. Be sure to download Active Trader Pro, their version of thinkorswin

If youre only on mobile, forget it. Fidelity's app is fucking useless garbage,

>>26919850
it might take a while for the money to settle in your like 2 days, Use a bill payment from your bank to expedite it. I am not sure as far as verification. I think its right away

I can't take my money out of RH so I did a charge back, hopefully this doesn't bite me in the ass

>>26920619
this

>>26919850
It takes like 7 days to open a Questrade account. You need to send in a million documents which takes them forever to review and then they also hold your first payment for longer than usual. Probably 14 days now with RRSP season and their slow support.

>>26935403
*RING RING RING*
"Hello? The based department? No this isn't him... one sec he's right here though"
They want to talk to (You)

>>26918426
>>26918175
I've done some really stupid options trades and fidelity has never had an issue with me. Plus they never crashed during 2020 from high volume. Theyre pretty solid.

>>26918398
Yeah I didn't like the layout at first but you adjust quick enough and realize it's actually much more powerful. It's definitely based.

>>26920090
>>26920619
You want to keep your shares in a limit order, so the brokerage isn't allowed to lend them out. Set limit really high and chill. But, yeah, sucks you can't do that on Fidelity.

>>26922158
they've closed mine on a whim and gave me 10 days to transfer. it's been transferring for 4 days now. and I can't make any trades. At least $500 in missed opportunities to date. fuck Ally.

>>26918175
they dont allow me to set limit for even 1k on gme.

WTF?

>>26935403
>>26935818
Imagine RH getting his with thousands of charge backs...

>>26926090
you cant set up a Self directed brokerage account?
that sucks

>>26918824
after your account gets verified it lets you play with up to $1000 before the eft goes through

>>26922158
hello Chad

My only issue is the good faith restrictio. You have to wait like 2 days to the use the funds from a sell. Other than that, yea I'm liking fidelity.

Yes, its probably the best.

Pros:
>No bullshit
>No fees (besides what everyone else does)
>If you have it set up you can get same day transfers
>"price improvement" (they get you better market rates)
>Options tools and charts
>Biggest broker in the US
>Tons of free research
>Never goes down

Cons:
>No "live" charts, you have to refresh (just use trading view)
>Limit orders cant be above or below 50% the current price
>If you lose too much when you yolo they will make you to sign some shit
>Phone app is not the best (still plenty usable)
>High margin rates (basically the highest)
>Might take a while to set up at first
>Learning curve to use it
>Its boomer central

this is fucking hilarious and amazing
to see all these little robinhood boys piling into fidelity accounts and to see /biz/ deep in stockmarket shit and not a bunch of shitcoin memecoin garbage
im so happy right now

>>26937160
Read more carefully. If you sell, reinvest, and then sell again without enough time for any of those trades to settle, you hit the GFE. However if you sell, then buy and hold until your initial sale has settled you should be in the clear.

>>26924368
^^^
someone please reply to this and let me know ): this is all I ask frens

>>26924368
Fidelity is subject to the same PDT rules as everyone else but other than that, no. I've bought GME 3 separate times in the past week at various prices with no issues and Fidelity has no commissions on stocks.

>>26937890
idk but who's this prime semen demon?

Im setting up an account on Fidelity, what option do I choose to get funds available by open tomorrow morning? Am I supposed to pick one time transfer or recurring? I heard bank wire is the fastest way but that option says that it's only to withdraw money from Fidelty and EFT seems to be the best

>>26918426

Schwab is cucked. The fuck are you on about?

>>26938337
One time transfer
Just do a bank transfer it will be there soon.

>>26938337
Fidelity can typically get a bank transfer done within a day. If you choose it now I would anticipate it being there by EOD tomorrow.

After you have your bank account connected they will credit you the full EFT amount instantly even though it can take a little while for your bank to handle it.

>>26937279

>>26924195
bullshit i bought GME on schwab all day today

>>26936342
I could be wrong but I think Fidelity by default does not lend shares.
They seem to have this program
https://www.fidelity.com/trading/fully-paid-lending

>>26938337
New accounts it will probably take a day, that would be the same no matter what broker you join.
If you've transferred before (and your bank isn't shit) you can get transfers within hours on the same day.

How does it compare to Ameritrade?

>>26939450
It doesn't block trades, so that's a big plus in its favor.

OK FAGGOTS
do i go webull, public, or one of these?

>>26939329
>>26936342
Generally you have to sign up for EVERYTHING on Fidelity.
Options levels, leveraged etfs, margin, shorts, you have to get approved.

>>26939910
I've had my account for a while but never got options approved, are they particularly strict about it? I've got $30k+ in my brokerage and have been up $6k total so far (but this can change really quick depending on how GME goes tomorrow).

>>26940506
You should be able to get level 2 options.
I have level 1 options on my IRA (covered calls)
I have level 2 options in my trading account (buy calls/puts, sell covered calls)

>>26940947
Yeah, I've checked out the application before and that was the box I checked. I'll definitely apply as soon as the GME roller coaster ends.

>want to buy AMC when the markets open
>went to transfer funds into fidelity
>says the funds will be transferred tomorrow
>doesnt say what time tomorrow
AMC is going to dip to retard levels, then get on an express ticket to the moon. THAT is when my funds will be available.

>>26941155
Transfers depend on your bank usually, but I wouldn't hold your breath.

Anyone got a good ausfag one? Stake is garbage.

Fidelity didn't block trades because IT'S THE #1 SHAREHOLDER IN GME

MEANING IT HAS THE LARGEST POOL OF SHARES FOR YOU TO BUY FROM

So if ALL those Fidelity shares are controlled by retail investors as a collective, then retail investors will control a significant pool of the shares and place a significant premium on the stock, which would make the short squeeze EVEN MORE pronounced

>>26918175
Look up who the largest shareholders of GME are.
Fidelity wants us to pump.

>>26918426
i got 1.6 million here for the last 4 yrs and they have been nothing but awesome, what will they ban you for?

>>26918175

is Ameritrade just as good tho?

>>26941968
He probably transferred money, spent it, then canceled the transfer.
Or he bought like 1000 options on something and let it execute without being able to pay.

>>26942333
ya man , i would say fidelity is one of the more liberal ones. they were doing same day transferring funds since before robinhood was even a thing. Try doing same day transfer at some shithole like merrill lynch or vanguard

>>26941666

Trips checked and thanks for the info Anon
I just withdrew my remaining deposit and getting as much wired into an fidelity individual trade account tomorrow
Ready to watch the paper-hands fold Friday-Monday when they sell on the gamma squeeze, strapping in to ride the tendie rocket that follows

>>26942785

*withdrew from Robinhood.

They blocked the buys and there's nothing to say they aren't so desperate they won't try to block sells when the short squeeze happens

Guys if what that poster on reddit said is true and someone's limit order executed for 2380 dollars earlier we HAVE to find a way to put limit orders higher than 50% above last price, we could be missing out on the best gains in the chaos of this unprecedented moment

>>26924195
really? for how long? i bought amc on schwab today

>>26918175
its website looks like it was designed by a boomer, but otherwise its pretty good. i often get price improvements on trade executions

>>26920337
I'm wondering the same thing. The only thing I can think of is maybe if you call and place the limit sell that way? Just an idea, don't know if it would work

>>26944177
any confirmation if this works?

>>26919200
>>26920237
>>26921642
Set an conditional order instead.

>>26944770
Like pic or Portfolio>Trade>Transaction Type>Conditional

Has anyone tried their trader pro? Once I eventually sell GME I’ll actually be able to full time day trade. I already have a brokerage and 401k with them.

>>26944993
damn it still pings you on the conditional for being 50% away from asking, I think the jews have us

>>26919850
>Tee hee I'm just walking around with booba hanging out
>Oh woopsie there's my panties
Do whores really?

Also fidelity is shit, fuck off were full. Go back to RH and coinbase you tourist niggers