Fidelity Promotion
Fidelity Promotion Details
This Fidelity promotion offer is valid for existing or new Fidelity clients. A new or existing Fidelity brokerage account or Individual Retirement Account is
eligible to receive 300 commission-free trades for a deposit of $50,000 to $99,999. A deposit of $100,000 or more will receive 500 free trades. The free trades
expire in 90 days after being credited to the securities account, and they cannot be transferred to another account. Any unused trades have no cash value.
The free trades can be used to buy and sell on-line domestic options and stocks. Free option trades cannot have more than 20 contracts per trade. If a derivative
order contains more than 20 contracts, Fidelity’s regular commission schedule will apply to the whole order.
This Fidelity promotion offer is not transferable and is limited to one individual per rolling 12 months. It may not be combined with other promotions. It can be
used for joint or individual nonretirement accounts or with a Fidelity IRA (Traditional, Roth, SEP, Inherited, or Rollover), assuming that security trading is not
prohibited in the account. The Fidelity promo offer cannot be used for trusts, fiduciary accounts (including estate and custodial accounts), business accounts, annuities, accounts managed by Strategic Advisers, Inc. (e.g., Portfolio Advisory services), 529 savings plan accounts, investment trust accounts, college investment trust accounts, Institutional Wealth Services (IWS) customers, stock plan services accounts, or customers of an investment advisor who is working with Fidelity.
For 9 months after the account is funded, a minimum balance of at least $50,000 of net new assets must be maintained in the eligible account for the 300
commission-free trades, or a balance of $100,00 in net new assets for 500 free trades. Fidelity does not consider investment losses or market volatility when
calculating an account’s eligible balance for this promotion. Fidelity reserves the right to retroactively impose commissions using its Commission & Fee Schedule
on free trade executions in accounts that fail to meet this standard.
The minimum funding must come from a non-Fidelity account. Fidelity will accept any regular transfer system, including electronic funds transfer, ADM deposit,
checks, or a Transfer of Assets form. For this special, the broker will also accept rollovers from a former employer’s workplace savings plan if its records
were maintained by Fidelity. Eligible securities, cash, and transfers from various accounts will be combined to calculate an account’s total funding. Securities
will be valued on the day that Fidelity receives them. It may take a full week for assets to appear in the eligible account. Distributions and transfers will
be subtracted from deposits in order to calculate net new funds.
New and existing customers must register on the Fidelity web site to qualify for this Fidelity promotion offer. New and existing accounts must be funded within
2 months of registering.
Non-US residents, Fidelity employees or employees of the broker’s affiliates or their households or immediate family members, the media, persons associated with FINRA, or a securities exchange or its members, are not eligible for this offer.
Fidelity's goal is to make financial expertise broadly accessible and effective in helping people live the lives they want. With assets under administration of
$5.2 trillion, including managed assets of $2.1 trillion, the firm's focus is on meeting the unique needs of a diverse set of customers: helping more than 24 million
people invest their own life savings, nearly 20,000 businesses manage employee benefit programs, as well as providing nearly 10,000 advisory firms with technology
solutions to invest their own clients' money.
The firm has many of the standard tools that other online brokers offer such as stock screeners and portfolio builders that can make
searches based on the parameters clients enter.
One of the best things about online trading with Fidelity is the ability to actually trade stocks in 25 countries via various stock exchanges
and 16 currencies around the globe with the flexibility to settle in either U.S. dollars or the local currency.
Fidelity research tools (such as stock screening, historical trading strategies,
daily market commentary, and individual stock research) are impressive. There are research reports from 12
different independent firms covering over 4,500 companies, as well as 36 tax, savings, and retirement calculators.
The company also offers two advanced trading platforms: first is Active Trader Pro that requires at least 36 trades in a rolling 12-month period,
and the second is Wealth-Lab Pro that requires at least 120 trades during the same period. Both platforms are excellent but many competitors
provide their advanced platforms with no conditions to all customers.
Fidelity Bonus Disclaimer
2021 Fidelity cash incentive offer details to open a new account (IRA or taxable) could change at any time
without notice.
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