Here’s a summary of the main issue and solutions discussed in the post: Main Problem: The user, PeachGardenOath, is unable to see sector allocation for their accounts and requests this feature, as well as the ability to combine allocations across accounts. Solution: FidelityMarian provides a step-by-step guide on how to view sector allocation by logging…
Summary of User’s Inquiry and Solutions Provided: Main Problem: The user wants to know if their investment positions will transfer when rolling over their 401(k) from Fidelity to a Fidelity Roth IRA, or if only cash will be transferred. Solution: Fidelity advises that current investments may transfer in-kind if they are eligible; otherwise, ineligible funds…
Summary of User’s Concerns and Solutions: The main problem reported by the user is the lack of a public API from Fidelity for their investing club’s website development. Fidelity acknowledged the request and confirmed that they do not currently offer public APIs. Fidelity indicated they would forward the user’s feedback to their development teams for…
Summary of User’s Inquiry and Solutions Provided: The main problem reported by the user was confusion about how to create another investment account within their existing investment accounts section. A solution provided was to open a new account based on their investing needs through a specific link shared by the advisor. The user learned that…
Here’s a summary of the main problem reported and the solutions discussed: Main Problem: User is inquiring about rolling over a 401k to a traditional IRA and whether they can use the funds to buy cryptocurrency. Solution Provided: Fidelity representative clarified that their crypto accounts are currently only available for Individual and Joint non-retirement registrations,…
Summary of User’s Inquiry and Solutions Discussed: The main problem reported by the user is whether brokered certificates of deposit (CDs) are FDIC insured. Brokered CDs are confirmed to be FDIC insured up to $250,000 per account owner, per issuer. This coverage limit was made permanent in 2010. Users can expand their FDIC protection by…
Summary of User’s Issue and Solutions Discussed: The main problem reported by the user is that their deposit has been uncollected for 8 days. Fidelity explained that collection periods for deposits vary based on the method used, with Electronic Funds Transfers taking 2 to 6 business days and bank wires typically processed within 1 business…
Here’s a summary of the main problem and solutions discussed in the post: Main Problem: The user is trying to access mini options trading but is unable to find “SPY7” in the options trading window. Solution 1: Fidelity no longer offers mini options but provides NANOS trading, which are cash-settled options that allow for trading…
Here’s a summary of the main problem and solutions discussed in the conversation: Main Problem: The user, AdmiralLevine, is confused about the differences between three Fidelity mutual funds for target date retirement: Fidelity Freedom, Fidelity Managed Retirement, and Fidelity Simplicity RMD. Solution 1: Fidelity representatives explained that each fund may have different investment strategies, asset…
Summary of User Issue and Solutions: The main problem reported by the user, starry, is that despite having $670 available to trade, they are prompted to have a minimum of $2000 to trade on margin. FidelityEmilio suggested checking if margin is enabled on the account and whether the user is placing trades as cash or…
Summary of User’s Issue and Solutions Discussed: The main problem reported by the user is that several stocks in their Managed FidFolio account are marked as “unavailable for funding” due to a “missing cost basis,” despite the user confirming that all positions have a cost basis listed. A potential reason for the issue could be…
Summary of User’s Concern and Solutions: The user, dogUnbound, is unsure if they need to manually sell their Treasury Bills (tbills) upon maturity or if Fidelity will automatically handle it. Fidelity’s response confirms that no action is needed; the principal plus interest will be automatically deposited into the user’s core position on the maturity date….
Summary: The user inquired whether the Fidelity Youth Account is FDIC and SIPC insured. Fidelity confirmed that the Youth Account is covered by SIPC. Fidelity provided links for more information on safeguarding accounts and details about the Youth Account. Here’s the full thread J 07/14/2023 at 06:57:10 PDT Are youth account fdic and SIPC insured?…
Summary of User’s Concerns and Solutions Discussed: The main problem reported is that Fidelity routes international trade orders to third parties, which poses a significant risk for the user who trades large share sizes in Asian markets. A possible solution mentioned is that Fidelity may offer special routing for international trades, albeit with a commission…
Summary: The user is concerned about whether they can use their mother’s Fidelity account without it affecting her taxes or linking the accounts. Fidelity clarified that the user should not use their mother’s login credentials and cannot trade using her accounts. To manage their own investments, the user needs to open a separate account, as…
Summary of User Inquiry and Responses: The main problem reported by the user, Brian, is whether Fidelity offers rebates for traders who provide liquidity by waiting on the bid or ask to get filled. Fidelity clarified that they do not currently offer rebates for providing liquidity to the market. Fidelity also explained that while they…
Summary of User’s Problem and Solutions Discussed: The user needs the portfolio values of a trust account as of a specific date for accounting purposes, specifically the date of the grantor’s death, to provide to the beneficiaries. Fidelity suggested generating a balance letter by logging into Fidelity.com and selecting “Create Balance Letter” after navigating to…
Here’s a summary of the main problem reported by the user and the solutions discussed: Main Problem: The user is inquiring about the ability to open an account with Fidelity while not residing in the United States. Solution: Fidelity clarifies that residency in the United States is required to open an account, not citizenship. Additional…
Summary of the User’s Problem and Solutions Discussed: The main problem reported by the user is the lack of accurate and live level 2 market data for foreign stocks on Active Trader Pro (ATP), specifically for stocks like Nintendo listed on the Tokyo Stock Exchange (TSE) and DBS Bank on SGX. Fidelity’s response indicates that…
Summary of User Problem and Solutions: The user, UNFAZEDinvestments, is facing a requirement of $25,000 to buy a stock due to being classified as a Pattern Day Trader (PDT). To resolve this, the user must ensure their account maintains the minimum equity of $25,000 to avoid restrictions on buying power. If the account falls below…