Which firm do you like? Looking to possibly get away from fidelity

Are you a new user on fidelity?

I've had nothing but good experiences with Fidelity... they might just not like you baw

frick that Robinhood shite

Just be patient. Fidelity is overloaded right now with a lot of new accounts. They’re still by far the best trading platform IMO

Dude Fidelity is legit. I prefer them over other brokers I’ve used in the past including E*TRADE, TDAmeritrade, Chase you invest, etc.

Find the right vin planner at LPL. I have one in particular that I am comfortable offering a referral.

I would look at having accounts at more than one firm. If one is having a problem or issue, you can try the other platform(s).

Before you switch, I would ask the new place basic questions to make sure it is a fit for you. For example: do you trade options that expire the same day where you are opening the position the same day as expiration? Fidelity had a policy change back in November for new clients/those that were approved for options trading after October 2020 where you can't make opening options trades on the date of expiry unless you have at least $1 million in the account. Customers under that threshold have to call their trade desk to have someone place the opening position for you and then you can close it out through Active Trader Pro.

When GME was all the rage and RH had trading restrictions, Schwab did not allow options trading on GME for one day. Fidelity did not impose restrictions.

Fidelity had speed and reporting issues recently. I think some of that had to do with the blizzard in Texas. Positions that I had closed that day still appeared in my account, so I called them to make sure the positions were truly closed.

I prefer Fidelity. I find the charting is easier. I don't think Schwab offers time and sales information which is easy to pull up with Fidelity and you can export that information as well as charts.

I find that I get way more price improvement on my option trades with Fidelity than with Schwab. I had a case within the last month where the price of the stock was spiking and I had pre-filled the ticket to close the options at the same limit price and placed the orders with each platform at the same time.

The orders got filled at the same second which I confirmed by looking at time and sales, but Schwab filled it at my limit price, whereas Fidelity gave me almost 40¢ more for the same options.

Something that does not come up often with Fidelity Active Trader Pro, but is still a quirk I don't care for is you can't buy or sell more than 200 options at one time. I haven't had this problem with Schwab.

I think every platform is going to have something that people won't like. Last year, Schwab would give me wrong ticker messages for some option trades when I used Street Smart Edge where you click type the underlying symbol and then you choose the expiration and strike price. I had to chat with Help so they could get someone to manually enter the ticker so I could trade it. This would take 15-30 minutes.

I wonder if Schwab is going to keep Street Smart Edge; migrate everyone over to ToS; or give customers a choice on which platform to use. A couple of people told me Schwab doesn't own Edge and they simply pay a licensing fee, but they now own ToS.

i have had fidelity for over 40 years.. just 401 stuff early...now retired and used other stuff for diversification..annuities (pretty high grade ones)...bonds (very low cost purchase)..
tons of planning and investing tools....advice ( phone or in person)...

building a new tech equity bucket now ...and for trading ..no issues here...i buy and sell a lot of small stuff.hundreds of dollar purchases to a few k...bought six items friday..always get trade confirmation at night..free trades..never had issues of settlement but i have more cash in my trade bucket than i use so never really looked at needing immediate settlement..

i like them for their range...

my brother is a life long more aggressive investor with many millions of dollars and he is a td guy...he likes them a lot..he is pretty particular so i would think they offer a lot????

I have fidelity, interactive brokers, robin hood, and even a webull account that isnt funded so i can use their charting. I am doing my roth in fidelity. And i plan to move everything to interactive brokers from robin hood just because i play the spacs and interactive brokers has the best margin deals.