Summary: The main problem reported by the user was their inability to find a way to delete FidFolio baskets that were never used or funded. A solution discussed was that baskets can be deleted by selling the entire basket, which also removes all holdings within it. The user later clarified that the baskets in question…
Summary of User’s Issue and Solutions: Main Problem: The user, Spongy, is unable to sell shares of GoPro due to an error stating their account is not eligible for the order type, despite having multiple lots of the shares. Suggested Solution: Fidelity representative, James, recommends that the user contact customer service to review their account…
Summary of User’s Tax Concerns: The user is looking for a way to set up automatic tax withholding on their taxable account to avoid owing a large amount during tax season. Fidelity confirmed that they do not offer a feature for automatic tax withholding throughout the year. As a solution, Fidelity suggested that the user…
Here’s a summary of the main problem reported by the user and the solutions discussed: Main Problem: The user, AidanofVT, lost access to the British stock exchange where they purchased shares of Shell and was unable to sell them, as indicated by the persistent “Indicates that the security has not priced today” message and the…
Summary of User’s Issue and Solutions Discussed: The main problem reported is that the user’s friend is experiencing unexpected backup withholding on transactions in their individual account, despite claiming they are not subject to it. The IRS-mandated backup withholding could be triggered if the account owner indicated they were subject to it during account setup…
Summary: The user is trying to find a way to transfer stocks or ETFs from their Fidelity brokerage account to their Fidelity Roth IRA. Transferring shares directly from a brokerage account to a Roth IRA is not permitted as the IRS only allows IRA contributions to be made with cash. The user can sell stocks…
Here’s a summary of the main problem reported and the solutions discussed: Main Problem: The user wants to know about the costs associated with Fidelity’s crypto custody, supported cryptocurrencies, and the ability to transfer external crypto to Fidelity custody. Solutions Discussed: Fidelity allows trading of Bitcoin and Ethereum with no account opening fees and commission-free…
Summary of User’s Issue and Solutions Discussed: Main Problem: The user, Genkidin, encountered an error message when trying to buy to close 14 contracts for XELA, despite having a cash account. Solution 1: Fidelity representatives explained that the error may occur due to trading within a margin account and recommended ensuring the trade type is…
Summary of Main Problem and Solutions Discussed: The user, Beaverius of Rome, is frustrated that an electronic funds transfer to their Fidelity account took longer than expected, with $0 available for trading six business days after the transfer was reported as received. Fidelity explained that Electronic Funds Transfers (EFTs) typically take 2 to 6 business…
Here’s a summary of the main problem reported and the solutions discussed: Main Problem: The user is frustrated because Fidelity requires a text code for login every time, despite clearing cookies and trying different browsers. Solution: Fidelity explained that the requirement for a 2-Factor Authentication (2FA) code at every login is a security measure that…
Summary of User’s Concern and Solutions: Main Problem: The user is looking for strategies to profit from a stock that remains unexpectedly flat, akin to an inverse straddle. Provided Solution: The representative from Fidelity suggested checking their Options Strategy Guide, which offers various options strategies based on market outlook, risk, and profit potential. Additional Note:…
Summary of the post content: Main Problem: The user, Zucce05, is concerned that the Fidelity building has been “despawned” and is inquiring about when it will be available again to participate in an event. Solution Provided: Fidelity Investments responded that the experience will be live again on Thursday, April 27, at 11:30 AM EST. Here’s…
Summary of User’s Inquiry and Solutions: Main Problem: The user is confused about whether they need to open a new account to invest in bonds, as they can only see bond listings on the desktop website but find it difficult to access them on the iOS app. Solution Provided: Fidelity clarified that a new account…
Here’s a summary of the user’s concerns regarding FidFolio: Main Problem: The user is frustrated that FRC shares were not sold despite clear indications of failure, and they also cannot sell shares individually within the FidFolio platform. Additional Concern: The user is being charged trading fees for each sale, contradicting the expectation of no trading…
Summary: The main problem reported by the user is the inability to trade certain mutual funds (specifically FIQSX) in their traditional IRA due to a restriction indicating that these funds are not available for retail trading. Fidelity representatives explained that the fund in question is a Fidelity Advisor Fund, which is not available for retail…
Summary of User’s Concern and Solutions Discussed: The main problem reported by Jeremy is the requirement of having a $1 million balance in an individual account to access 0DTE SPY options, rather than a combined portfolio balance across multiple accounts. Fidelity representatives clarified that the $1 million requirement applies at the individual account level, not…
Summary of User’s Inquiry and Solutions Provided: The main problem reported by the user is whether they can link their own bank account to their custodial account for funding purposes, given that their bank account is under their guardian’s name until they turn 18. The solution provided states that custodial accounts are controlled by the…
Summary of the user’s issue and solutions discussed: Main Problem: The user, Yokk, is inquiring about the $50 promotional offer for Fidelity Bloom accounts, stating they have seen and heard nothing about it. Eligibility Requirements: To qualify for the promotional offer, a user must deposit $25 within 7 days of opening the account from an…
Here’s a summary of the main problem and solutions discussed in the conversation: Main Problem: The user is confused about whether deposits to a Certificate of Deposit (CD) should come from the SPAXX money market and if they can continue to deposit into a CD that is already locked in. Solution: The user needs to…
Summary of User Report: The main problem reported by the user is that a recent EFT transaction is only showing as processing in their transaction history and is not listed under upcoming activity. Fidelity’s representative explained that certain transactions may not appear under “Upcoming Activity” on the Cash Management page. To assist further, the representative…