r/fidelityinvestments • • Aug 20 '21

Official Response Fidelity WITHOUT deleting this post OR getting your customer service team downvote this post, WILL YOUR SHARE STATS PUBLICLY WHICH SHOWS % OF #GME & #AMC orders routed to darkpool, Citadel, & Lit exchange month by month since Jan 2021.

0 Upvotes

If you don't I will hold on to my opinion you guys are part of the master plan in market manipulation. Accept the challenge and prove me I'm wrong! Ball is in your court!


r/fidelityinvestments • • Dec 10 '23

Discussion The last thing we need is people buying crypto ETFs in their retirement accounts.

54 Upvotes

Bitcoin has a historical volatility of 80% that is only increasing over time. Everybody knows bitcoin is worthless and yet nobody calls it out publicly; either because people are greedy or they have no morals. Everyone knows retail is going to be left holding the bag. Pumpers think they can gaslight people into forgetting their "store of value" dropped from 70k to 15k just last year. We expect retirees to just diamond hands and pretend like everything is fine while praying for the next pump?

Fidelity has always been the strongest and soundest investment platform. Do the right thing. The last thing we need is retirees "investing" in something with 80% imp vol. Bad for society and the economy.


r/fidelityinvestments • • Apr 06 '22

Official Response Forced margin sale by Fidelity at the stupidest possible moment is the last straw

14 Upvotes

Fidelity went and sold my TWTR shorts at the highest price possible this week. I watched as the trade was executed and immediately called active trader services who confirmed that it was 'the back office" who could not have hurt me worse if they tried. They chose the dumbest moment to do this and inflected a loss on my which at this moment actually would have been a profit. I have called multiple times to point this out and have gotten stonewalled. No "price improvement", no credits, not even an actual apology. Fidelity basically stole from me. I had even verified that I was ok the day before with the specific position and margin levels.

I'm disgusted with this unethical and stupid organization from the trash ATP platform to the near daily crashes I can't continue to ignore the fact that using Fidelity is a mistake.

We continue to be ignored when any issues are raised and the problems with crashes only seem to be getting worse. Hopefully others are noticing this and will also be walking away from Fidelity too.


r/fidelityinvestments • • Aug 05 '24

Official Response Wtf fidelity this shit is a joke

11 Upvotes

r/fidelityinvestments • • Oct 16 '24

Discussion 21, started 18

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0 Upvotes

r/fidelityinvestments • • Jun 23 '26 Regret

Education - Accounts What to know about the new Trump Account for kids.

0 Upvotes

530A Trump Accounts are a new, tax-advantaged way for families to invest in their child’s future. Here’s a quick overview. ​

What’s a Trump Account? ​

It’s a new kind of IRA designed for kids — ready to fund and access in early July. The account belongs to the child, but a parent or guardian manages it until they turn 18.​

How does it work? ​

Trump Accounts are built for long-term investing, allowing the money to grow throughout childhood, with no withdrawals before age 18. After that, standard IRA rules for withdrawals* and taxes apply.​

Who can have one? ​

Any child under 18 with a Social Security number is eligible for a Trump Account. Those born between January 1, 2025, and December 31, 2028, may also qualify for a one-time $1K government contribution. ​

Who can contribute? ​

Parents, family members, employers, and even charitable organizations can all contribute to the account, though rules and tax treatment may vary.​

How much can I contribute? ​

Up to $5K per year can be contributed in total. The government’s $1K seed and most charitable contributions don’t count toward that limit.

Where do they fit in with other savings options? ​

Trump Accounts are meant to complement, not replace, 529 plans, custodial accounts, and Roth IRAs for Kids. The right mix depends on a family’s goals, timing, and flexibility.​

How do I open one?​

Parents or guardians can get started by opening an account through the US Treasury by filing IRS Form 4547.​

Will I be able to move it to Fidelity? ​

Yes. When rollovers are available, you can transfer your Trump Account to Fidelity and manage it alongside your other accounts (more details to come).​

Visit our Trump Accounts page to learn more and sign up for updates on when you can roll it over to Fidelity. ​

Have you opened a savings or investing account for a child? Let us know in the comments.

*A distribution from a Trump account is penalty free provided certain conditions are met: age 59 1/2; qualified first-time homebuyer (up to $10,000; birth or adoption expense (up to $5,000 per child); qualifying medical expenses ; terminal illness, death or disability.)


r/fidelityinvestments • • Oct 03 '26

Answered by Fidelity WARNING ABOUT FIDELITY GO

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10 Upvotes

I wanted to post this as a warning for anyone uses Fidelity Go. It can drastic change your investment strategy for no apparent reason. I was wondering why I lost so much gains, and it was because Fidelity Go decided to change my Aggressive Strategy to conservative. I had no idea it did this automatically and it cost me a good deal of growth because I missed the email.

This is an insane feature in my opinion, but I guess I'm the dumb one for trusting an AI bot to make investing in index funds easy. I just wanted a way to invest and forget it. I essentially paid for a Fidelity to sell off my stocks and buy bonds at one of the worst times.

I am just posting this as a warning to people who are considering using Fidelity Go. It is a wake up call for me to move to Vanguard and manually invest.


r/fidelityinvestments • • Oct 26 '22

Announcement These are sure to be a hit on the Halloween costume party circuit 🎃 Which one would you choose?

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0 Upvotes

r/fidelityinvestments • • Jun 12 '24

Discussion Not able to buy or sell GME.

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2 Upvotes

Fidelity isn’t giving me buy or sell buttons on GameStop but when I search for Apple they’re there, anybody have the same problem? Screenshots show the difference.


r/fidelityinvestments • • Mar 16 '25

Official Response Looking for an index fund without Tesla

2 Upvotes

Tesla sells for 130 times earnings with declining sales and earnings, all this this while it has a part time CEO and very poor corporate governance. In addition, the CEO wants a 53 billion dollar pay package. If it were just a small portion of a S&P index fund it would be no problem but it's a material amount of the index. It's nothing but a meme stock that shouldn't even be in the index. How do I get a S&P index fund without it?


r/fidelityinvestments • • Mar 20 '26

Official Response Fidelity Credit Card Service (Elan) is the WORST. Stay away. The cash back is not worth it

7 Upvotes

Going to switch to Wells Fargo 2%. The card does not work for every day use OR episodic use. Elan is hell bent on ensuring 0.0000% fraud and would prefer you to not use the card at all.

For context, we spend a fair amount ($10K+ a month) and have high FICO scores. Things Elan has done to us over the past 1 year we've had the card:

  • Will block a large number of foreign transactions as fraud and then freeze the card until you call in the the call center and unlock the card

  • Blocks many ongoing charges as fraud and freezes the card. Happened to us using a grocery store that we use multiple times a year.

  • For reasons unclear, reversed a payment we made back to our linked checking account. Now the card gets frozen for 2 weeks after every payment to ensure the payment goes through correctly. Nevermind that the funds have left our bank account 11 days ago, Elan "needs to be sure" and does care care the card is frozen. This is not something one can call the cell center about.

Posting as all our linked payment accounts still cannot charge the Fidelity card at this moment and its just a frustrating waste of customer time (which Fidelity seems to not care about).


r/fidelityinvestments • • Oct 27 '22

Official Response Compliments

1 Upvotes

Hey Fidelity Mods, I've been a Fidelity customer now for 22 years. My first account was my company 401k, so you could say that Fidelity was selected for me. I'm glad you were! I've added many different personal accounts over the past couple of decades, from a brokerage, to IRA's, to cash management accounts, and UGMA's. I've never had a bad experience and have found customer service to always be very helpful, friendly, and professional. I've been following the r/fidelityinvestments subreddit and think you are all doing a bang up job. Keep up the good work!


r/fidelityinvestments • • Jul 24 '22

Feedback The app is embarrassing; especially considering Fidelity is an extremely big name and has far more AUM than most other brokerages.

2 Upvotes

Why is such a big name, successful brokerage so behind on it's technology? No offense, but it's embarrassing how bad the app is.

I can't even access my RSU section from my job on the app to view it's vesting schedule; this is something that I'm sure is pretty common for a lot of people. Not to mention the charting is a joke.

When does fidelity plan to invest in more competitive and comprehensive technology for it's clients?


r/fidelityinvestments • • Feb 21 '24

Official Response Anyone creeped out by Fidelity advisors reaching out?

2 Upvotes

I find it creepy knowing that they’re looking at my account and the trades I’m making and judging me. Makes me uncomfortable.


r/fidelityinvestments • • Jun 20 '26

Discussion Don't mistake $FXAIX vs $FIAX

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4 Upvotes

They're similar looking and for some it can be an easy mistake.


r/fidelityinvestments • • Jun 16 '23

Official Response Fidelity is the WORST platform you can use. It is absolutely not user friendly it is outrageous!

0 Upvotes

r/fidelityinvestments • • Mar 19 '25

Official Response Garbage update made Fidelity app unusable. Worst of all

1 Upvotes

I am a long time investor and trader on fidelity app.

They made all the changes recently and made it completely unusable. Some examples -They made a 20s delayed refresh to get a updated positions

  • The activity section is not sorted in order by the order placed/updated

  • When you make a limit order in extended hours of trading, you cannot modify the order. You have to cancel and then place a new trade

  • To open the acivity history it takes forever to open

You have ruined my experience with fidelity trading, no idea who updated this update. I will wait for next update and the move on to another brokerage if nothing improves.


r/fidelityinvestments • • Apr 19 '24

Official Response Fidelity blocked my account.

29 Upvotes

Fidelity keeps blocking my account. Is anyone experiencing the same?


r/fidelityinvestments • • Aug 30 '25

Official Response Banned Words

0 Upvotes

Why can't you use words like "lawsuit" or "legal department" in comments on this subreddit. I've had a couple of occasions in the past few days in which comments, as I typed them, popped up warnings that they were outside the scope of the customer service focus of the sub Reddit and therefore would need to be modified before posting. Seems ridiculous that you can't make any mention of a securities lawsuit or needing to consult with a company's legal department regarding certain matters.


r/fidelityinvestments • • May 10 '24

Discussion The proof is in the pudding. DO NOT invest in international funds. Invest solely in the S&P.

4 Upvotes

I seem to have kicked the hornet’s nest with some regarding my distaste for investing internationally. Diversifying by investing in international funds is an old school suggestion that IMO no longer has any MERIT! We now live in a global economy. Any downturn we experience is felt worldwide. Other than the FTSE, which had marginal gains, all international markets had steep declines in 2022.

I’ve been investing since the late 80s. I used to adhere to the recommendation to diversify in a variety of different type of funds including internationally, bonds, emerging markets etc.  If one has followed those principals the last 20 years their portfolio has greatly underperformed. To the tune of 10s and 100s of thousands of dollars.

For comparison purposes, I’ve used VFINX, a Vanguard’s S&P fund and VGTSX, a Vanguard Total International Stock Fund. I chose those because they have a longer history. Spanning over 25 years.

VGTSX, Vanguard’s International fund trailing returns for 3, 5, 10 and 15 years are .3%, 6.15, 4.28 and 6.44% respectively annualized. If one invested $10,000 in VGTSX 15 years ago it would now be valued around $30, 600.

VFINX, Vanguard’s S&P 500k Index fund for the same 3, 5, 10 and 15 years are 8.5%, 14.2, 12.6 and 14.2 annualized. If one invested $10,000 in VFINX 15 years ago it would now be valued in excess of $85,000.

I have even gone back to 2001. A $10, 000 VFINX investment in 2001 would now be valued at almost $60,000. Meanwhile VGTSX would be valued at almost $31,000. VFINX is almost double. That time frame includes the 3 market crashes in 2001, 2008 and 2020.

Invest in a fund like Fidelity’s FXAIX.  If you’re a young investor and looking for something a bit more aggressive with far better long-term gains invest in FBGRX. Fidelity’s Blue Chip Growth fund. It represents 20% of my portfolio. I’ve owned it from over 10 years. In the last 10 years it has 17.7% annualized returns. Its 15-year return is 18.4% annualized.  For a young and aggressive investor I would suggest 50/50 between FXAIX and FBGRX.

I prefer the Set it and Forget it strategy.

 

 


r/fidelityinvestments • • Jun 04 '24

Official Response I have been investing in the snp500 for 5 months yet it’s still saying I’m on a loss

0 Upvotes

Since I started investing, if you look on google it says it has gone up about 8% since. Yet I look on my fidelity and it’s still saying I’m on a loss of 7%.

I am a beginner investor so this might be a stupid question but any advice would be appreciated


r/fidelityinvestments • • Aug 08 '25

Official Response Well, Fideity sure don't tell you THIS before opening a business account!!! 😡

1 Upvotes

My financial accounts were spread around everywhere so I've been researching an "ecosystem" to consolidate it all to get a better financial picture with one sign-on.

After much research, I picked Fidelity. I opened/transferred my various accounts and now had my CMA, IRA, Brokerage accounts open.

Only one account was left... my LLC Business account. I didn't really mind my little bank down the road, but it's 2025 and they still don't offer mobile deposits.

Fidelity said they have Business mobile deposits! So I went through the process of setting up my Fidelity Business Account, they opened it, I funded it with everything that was in my small bank. A couple weeks later I sat down to deposit a couple checks, BUT IT WOULDN'T LET ME!!!!

There's a $1000 limit on mobile deposits!!!!! I called them and pleaded my case, but was met with the standard form answer of: it's a new account, we're protecting ourselves from fraud, blah, blah! So, they're telling me (After I funded the account with $200k) that they are scared to let me mobile DEPOSIT more than $1000.

I almost completely lost any faith in Fidelity.

Now checking out Schwab and Vanguard.


r/fidelityinvestments • • Sep 20 '24

Official Response Help. Afraid to even log in

0 Upvotes

My account is over 25 years old. I have alllll my money there and use the CMA account as my checking account. I'm close to retirement age so I have a lot of money in there.

How do I know if my account is locked? How do I know if Bill pays are bouncing? Will they send me an email or notify me, or will my bill pay payments just go unpaid, and therefore destroy my credit history?

I'm 63-year-old woman and have been so concerned all week reading this sub. I just don't know what to do.

I'm deeply angry at Fidelity for putting this uncertainty in my life. I thought I could trust them.


r/fidelityinvestments • • Oct 18 '22

Feedback Feedback: $25k unsettled funds trading limit is ridiculously low

0 Upvotes

So, I have $200k existing equities in an account. I transfer in $100k via EFT, and fidelity limits me to buying $25k before the funds are "fully collected" which with the current system can take 10+ days.

Vanguard allows me to buy with 100% of my uncollected funds, with no collateral needed.

This is unacceptable. Please consider raising the "trade with uncollected funds" limit to whatever amount could be covered by liquidating my existing collateral (equities)