Here’s a summary of the main problem and solutions discussed in the post: Main Problem: The user, Genkidin, is confused about the ability to trade penny stocks on a cash management account, as they received conflicting messages about whether penny stock trading is enabled. Solution: Fidelity representative clarified that Cash Management Accounts (CMAs) are not…
Summary of the user’s inquiry and the provided solutions: Main Problem: Jon Jon asked if he could use Cash App to receive payments into his Fidelity checking account. Solution Steps: Open Cash App and select the “Home” icon. Go to “Linked Banks” and select “Link bank” to connect the Fidelity account. Retrieve routing and account…
Here’s a summary of the main issue reported and the solutions discussed: Main Problem: The user, Cheese, is receiving an error message stating that the limit price they are trying to set is too far from the last trade price, preventing them from setting a limit price of $1.00. Requested Information: FidelityJames requested additional details…
Summary of User Report and Solutions: The main problem reported by the user, ShadowRegent, is a discrepancy in the Estimated Annual Income for international ETF positions, which appears to be 33% higher on the positions page compared to the statement. Fidelity is investigating the issue and will provide an update once they have more information….
Summary of User’s Concern and Solutions Discussed: Main Problem: The user, Hanuman, is unable to find Money Weighted Rate of Return (MWRR) and Time Weighted Rate of Return (TWRR) metrics at the portfolio basket level in Fidfolio Solo, as they are only reported at the account level, which is not helpful for analyzing individual baskets….
Here’s a summary of the user’s main problem and the discussed solutions: Main Problem: The user wants to know how to increase the ATM withdrawal limit on their debit card, as it is currently too low. Solution: Fidelity allows temporary ATM withdrawal limit increase requests on an exception basis, which are subject to approval. The…
Summary of User’s Concern and Solutions: The main problem reported by the user was receiving an error when attempting to buy stocks in Fidfolios, indicating that the stock was illiquid and requiring a limit order instead of a market order, which led to difficulty in identifying the security. Fidelity suggested using the Stock Screener tool,…
Summary: The main problem reported by the user is the absence of AMC Options listed for several future months, including November 2023 through May 2025. The user explains that options are organized into three cycles with specific month listings, which may affect the availability of options for AMC. Another user notes confusion regarding an options…
Main Problem: The user, shera, is inquiring whether Fidelity physical locations offer a certifying officer with a signature guarantee or medallion stamp. Solutions Discussed: Some Fidelity investor centers provide a Medallion Signature Guarantee, but it is available on an appointment-only basis. Shera can schedule an appointment online or by calling Fidelity directly. A link to…
Here’s a summary of the main problem and solutions discussed in the conversation: Main Problem: Michael777 is unable to find the equivalent of expanded window trading for after hours on the website. Solution: Extended Hours trading is available on the Fidelity Mobile app, Fidelity.com, and Active Trader Pro (ATP). Trading times are from 7:00 a.m….
Summary of User’s Issue and Solutions Discussed: Main Problem: Carlito is inquiring about how long it will take for his stock sale balance to settle. Settlement Time: Fidelity representatives inform Carlito that the industry standard for stock trade settlement is two business days. Withdrawal Restrictions: Carlito learns that he cannot transfer funds out of his…
Summary: The main problem reported by the user is the need for clarification on whether contributions to an IRA for the previous tax year can be made up until the tax filing deadline, specifically regarding both Traditional and Roth IRAs. It was confirmed that contributions can indeed be made for both Traditional and Roth IRAs…
Summary: The main problem reported by the user, Dogfather, is that the Fidelity mobile app is not working, as it shows a blank screen during login attempts. Fidelity responded that there are no widespread reports of issues with the mobile app and suggested trying to access the account through a computer or mobile browser as…
Summary of User’s Problem and Solutions Discussed: The main problem reported by the user, flippy, is that they have not received the $50 cash offer after creating a Fidelity Youth Account, despite being told it would be deposited within 10 days. A representative from Fidelity clarified that the $50 award would be deposited within 10…
Summary: The user is unsure about the services available for a Roth IRA with Fidelity Go if the account balance is less than $25,000. Fidelity Go invests the user’s money through a robo-advisor once the account balance is $10 or more. Investments are made within 10 business days based on the selected investment strategy and…
Here’s a summary of the main problem and solutions discussed in the post: Main Problem: The user, Timothe, experienced a lockout from their Fidelity account shortly after transferring funds from Robinhood and is unsure why this occurred. Solution 1: Fidelity suggested that Timothe send a Modmail through their subreddit for further assistance. Solution 2: Fidelity…
Here’s a summary of the main problem and solutions discussed in the conversation: Main Problem: The user accidentally opened two Roth IRAs instead of one and wants to know if they can close one without incurring fees or penalties. Solution: The user can close the duplicate account through Fidelity’s Virtual Assistant, provided the account has…
Summary of User’s Issue and Solutions Discussed: The user is confused about an automatic purchase of closing options for stocks, which was unexpected and implies prior action that the user did not take. Fidelity explained that if they do not receive instructions to exercise and a contract is out-of-the-money at expiration, it will expire worthless,…
Here’s a summary of the main issue and solutions discussed in the conversation: Main Problem: The user is unsure what will happen to their option in a Roth IRA that is expiring ITM, given they do not have sufficient cash to buy the underlying shares. Solution 1: Fidelity reviews accounts on expiration day; if the…
Summary of User’s Concern and Solutions Discussed: The user is concerned about the potential penalties for selling stocks on the same day due to having a minor account. It is clarified that while buying and selling on the same day is allowed, doing so without settled funds can lead to a good faith violation. To…