A day trade occurs when you buy and sell a security on the same trading day. Fidelity defines a pattern day trader as any customer who executes four or more “day trades” within five business days.
Once you reach this limit, a Pattern Day T…
An options contract gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a specified price on or before a specific date. If you own options, you need to know the expiration dates to decide what to do wit…
If you have a Fidelity account, you can sign up to receive email or text alerts when a dividend is paid on any of your ETFs or mutual funds. It even works for equity, such as Apple.
In addition to alerts, you also have control over how you…
You can buy OTC stocks on Fidelity by using the broker’s mobile app, website, or by calling a representative.
When placing an order, you’ll need to provide the stock’s ticker symbol and the number of shares you want to buy.
Does Fidelity …
Someone asks:
So I just received an email alert from my Fidelity account, but the link is apparently from a website with the domain fidelityinvestments com.
Does Fidelity own that domain or is that a phishing site?
Fidelity Investments i…
Someone asks:
I have a covered call option opened in my Fidelity account. I was given this trade error when I tried to roll the covered call.
(040989) Invalid debit/credit order type. This order requires a credit (amount to be received) b…
The Fidelity mobile trading app is a great way to trade stocks, ETFs, and options on the go. The app is available for iOS and Android devices and is free to download.
The Fidelity app for iOS doesn’t have a built-in dark mode feature. Inst…
Someone asks:
I currently own 300 shares of GME (Gamestop) in my Computershare brokerage account. I want to do a Direct Registration System (DRS) of $GME stock to Fidelity. Is that possible?
How to DRS Your GME Shares to Fidelity
You ca…
Someone asks:
Does anybody have any experience with transferring a custodial account from another brokerage? My father recently passed away, and I still have a custodial on his E-Trade account.
I talked to customer service, and they said …
Someone asks:
I currently have a 401k (matched) that I’m planning to transfer to a Fidelity rollover IRA because of the limited investment options I have on my 401k. I do have Roth IRA and brokerage account. I have the following questions…
