Does Fidelity offer dollar-cost averaging (DCA) for stocks, ETFs and mutual funds? Enrolling in Fidelity automatic investing plan.

Dollar-Cost Averaging with Fidelity

Fidelity offers dollar-cost averaging ONLY in Fidelity funds or No Transaction Fee (NTF) FundsNetwork funds. Customers at Fidelity Investments can set up monthly, quarterly, or semiannual investments into their brokerage, retirement, 529 savings, or other eligible Fidelity accounts. They can use these funds to purchase additional shares of mutual funds you already own.

Does Fidelity Charge Dollar Cost Averaging Fees?

Fidelity does not charge a fee for automatic investments in Fidelity funds or No Transaction Fee (NTF) FundsNetwork funds. After the initial investment, a $ 5 fee is charged per automatic investment into a FundsNetwork transaction fee fund. Other regular mutual fund fees may also apply.

Does Fidelity Offer Dollar Cost Averaging on Stocks?

At Fidelity there is no commission-free or automatic investing for stocks, other than dividend reinvestment - which also has no fee.

Fidelity Mobile Trading App

At Fidelity Investments, investors can trade on Android, iPhone, iPad, Apple Watch, and Windows phone. The interface is user friendly. Traders can contact customer service, transfer funds, make a mobile check deposit, and stream Bloomberg financial news.

Fidelity app customers have rated it with a very high 4.5 star score at Google Play and with a 3 star rating at iTunes app store.



Fidelity Complaints

Fidelity is generally known as a broker that delivers great value in investment services. Nevertheless, the firm does receive criticism from its customers on some issues. Here's a rundown on these complaints, with information on how the company's rivals perform in the same areas: Fidelity Review.

Fidelity Strengths

Despite the above objections that have been raised against Fidelity, the broker still has lots of advantages. These include: More than 11,400 mutual funds are open to new investors. Around 3,600 have no transaction fee, and roughly half of these carry no load. Capital One Investing has just over one thousand funds in total.

Fidelity has a really unique feature called a trading basket. This allows investors to buy up to 50 stocks and allocate an equal amount of money to each security. Trades can be placed for all assets with one order. Essentially, investors can create their own ETF.

Fidelity is the sole on-line discount broker to offer an app for Apple TV and live streaming of business news in high definition free of charge.

Investors oftentimes come to Fidelity for its record of excellent customer service. Not only are the representatives usually well trained, they are available 24/7, can be reached through on-line chat, and are stationed at the broker's 180+ branch locations. Vanguard seems to be the opposite of this description.

A wide selection of research and educational tools are on the Fidelity website. These resources include free stock reports from a variety of analysts, including Zacks and Thomson Reuters.

Final Words

Fidelity is charging only $4.95 for stock and ETf trades. This rate is lower than at many other major discount brokerage firms except Firstrade (review).

Trading stocks and investing in mutual funds in Fidelity Investments account is fast, easy, and intuitive. Users can use website, Fidelity's advanced trading platform, and theys can also download a mobile app for most phones, or use Fidelity API to create their own trading platform.

Unfortunately, as of 2019 Fidelity Investments, Charles Schwab, Vanguard and Etrade do not offer forex (currency) trading to their customers. Out of the six biggest online brokerages in the United States, only TD Ameritrade right now offers forex trading. B


Firstrade

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