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

Posted on 2/19/21 at 7:33 pm to
Posted by lostinbr
Baton Rouge, LA
Member since Oct 2017
9614 posts
Posted on 2/19/21 at 7:33 pm to
quote:

No problem with fidelity from me. I can put a transfer into fidelity and within a minute turn around and buy with those funds. It takes a few days for the deposit to clear but I can trade with it instantly.

Same for me. The funds are available instantly to trade when I transfer from my bank account, even if it takes a few days to actually settle.

I will say I don’t particularly like Fidelity’s user interface, and their mobile app is garbage. If you’re looking to actively trade, ToS looks amazing from what I’ve seen. Fidelity’s platform is really built for buy-and-hold investors. It’s just not very efficient for making fast moves. Fidelity does have a trading platform (Active Trader Pro) but I don’t know a lot about it - from what I understand there’s no web interface, so you have to install the software. Doesn’t do me a lot of good since I’m usually at work when the market is open.

I don’t really trade actively though, so I just deal with Fidelity’s lackluster UI. It’s worth it for me to have multiple 401k’s, my ESPP, amd my retail account all with the same brokerage.
Posted by KickPuncher
Member since Jun 2020
754 posts
Posted on 2/19/21 at 8:33 pm to
Haven't used Fidelity but TDA is what I got and it is really good. TOS is very badass and a lot of things you can do on there. I was using the website version, and it is pretty damn good interface but you just got to get used to it. Once the merger with Schwab is done, you supposedly will have access to all of their versions, TDA has 2 and Schwab has 2 I think. Not sure how long that will last though as I'm sure they will consolidate it down some. TDA customer service is pretty decent the times I've called but it did have a 45 and 3o min wait.
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 2/21/21 at 9:54 pm to
Everyone needs to give negative feedback in fidelity mobile app.

RH had a good UX but they pissed me off. Fidelity finally got my shares and I can't wait to delete RH after the last sweep.
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