Fidelity Investments Mac: What's The Deal?

Fidelity Investments is a financial services company that offers a range of investment and trading options for its customers. The company provides services such as investing, trading stocks, and managing money through its website and mobile apps. Fidelity's mobile app provides users with access to a variety of investments, expert insights, and tools to help them make informed financial decisions. The app offers features such as commission-free trading for US stocks, ETFs, and fractional shares, cash management, and financial learning resources. In addition, Fidelity also offers a customizable trading platform called Active Trader Pro, which is available for both desktop and Mac users.

Fidelity Investments app features

The Fidelity Investments app is an award-winning app that provides users with access to a wide range of investments, expert insights, and investing tools. The app is available on Apple, Android, and Amazon devices. Here are some of the key features:

Security

Fidelity is committed to providing a secure platform for its users. It offers two-factor authentication, voice biometrics, security text alerts, and money transfer lockdowns to ensure the safety of user information and funds.

Easy to Use

The app is easy to get started with, as there are no account fees or minimums when opening a retail brokerage account. It also offers commission-free trades for US stocks, ETFs, and fractional shares for as little as $1.

All-in-One App

The Fidelity app provides a range of functionalities, allowing users to deposit checks, pay bills, track spending, trade stocks, and more. It also offers powerful trading tools, including industry-leading research and market analysis, advanced charts, and real-time quotes to help users make informed investment decisions.

Cash Management

Users can easily manage their cash through features such as scheduling transfers and automating investments. The app also enables users to deposit checks, pay bills, and transfer money with ease.

Financial Learning

Fidelity offers a variety of resources to help users build their confidence in investing, including podcasts, articles, videos, classes, coaching sessions, and webinars. These educational tools cater to different learning preferences and provide valuable insights for users looking to improve their financial knowledge.

Alerts and Notifications

Customizable alerts keep users informed about their stock trading activities. Users can set price triggers to ensure they don't miss out on important investment opportunities or exits.

Customer Support

The app provides 24/7 customer support, including a Virtual Assistant feature that allows users to chat with a representative at any time.

Active Trader Pro for Mac

Active Trader Pro is a dynamic trading platform exclusive to Fidelity customers. It provides customizable tools to help you trade, track the market, monitor your portfolio, and more. The platform is available to customers who trade 36 times or more in a rolling 12-month period. If you don't meet this criterion, you can request access by calling Active Trader Services.

The application can be downloaded from www.fidelity.com/atp and accessed directly from the desktop icon. Mac users can access the Active Trader Pro icon in the Launchpad and can drag the icon into the dock for easy access. The initial download and installation usually take about five minutes, depending on your Internet connection and system specifications.

To run Active Trader Pro on a Mac, you need to download the installer, which includes CrossOver, Microsoft.NET, and the Active Trader Pro software. CrossOver is a version of Wine required to run Windows applications on a Mac. This version of Active Trader Pro for Mac does not require a Windows operating system.

Active Trader Pro allows you to customize your layout and experience to see what's most important to you. You can set trade defaults, create your own shortcuts, and use hotkeys to navigate through the platform. You can also create and save up to 50 orders so you're ready to place them with one click whenever you want.

Issues with the Mac version

Fidelity Investments is a highly-rated app that provides users with access to a wide range of investment options, expert insights, and tools to help them make informed financial decisions. The app is available on the App Store and offers a secure and user-friendly platform for investing and trading stocks.

While the app has received mostly positive reviews, there have been some issues reported by users of the Mac version. One common issue reported by Mac users is the lack of after-hours quoting on the app. Additionally, some users have expressed frustration with the amount of paperwork required to start trading. There have also been reports of certain leveraged ETFs being unavailable through the app.

Another issue specific to Mac users is the inability to download the Fidelity Visa card through the app. While the app allows for the management of workplace benefits such as 401(k) and HSA accounts, Mac users have reported difficulties in adding these accounts. Furthermore, some users have experienced issues with the user interface (UI), stating that it lacks customization options and that the new format has resulted in the loss of research options and stock information.

It is important to note that Fidelity has responded to user feedback and has made improvements to the UI, addressing concerns about its cleanliness and speed. However, some users still feel that the charting could be improved further.

Setting up accounts

Firstly, it is important to distinguish between an employer-sponsored account and a retail (personal) account. If you have an employer-sponsored account, it should be set up as NetBenefits. On the other hand, if you have a retail account, it should be set up as Fidelity Investments. This distinction is important to ensure the correct setup and access to the right tools and features.

To set up an account, you can download the Fidelity Investments app, which is available on Apple, Android, and Amazon devices. The app provides a broad range of investment options, expert insights, and tools to help you make informed financial decisions. It offers commission-free trading for US stocks, ETFs, and fractional shares, with no account fees or minimums for brokerage accounts. You can also use the app to manage your money, create savings goals, track spending, pay bills, deposit checks, and transfer money.

For those seeking a more dynamic trading platform, Fidelity offers Active Trader Pro, which provides customizable tools for trading, tracking the market, monitoring portfolios, and more. This platform is available for both desktop and Mac users and can be downloaded from the Fidelity website.

It is worth noting that Active Trader Pro is automatically available to customers who trade 36 times or more in a rolling 12-month period. If you do not meet this criterion but wish to access the platform, you can request access by contacting Active Trader Services.

Fidelity also offers the Fidelity Youth app, which empowers teens to manage and invest their money while giving parents visibility into their teen's account activity.

Overall, setting up accounts with Fidelity Investments offers a range of options to suit different needs, whether you are an individual investor or seeking employer-sponsored account management.

Investment tools

Fidelity's app is also easy to use, with no account fees or minimums when opening a retail brokerage account. It offers commission-free trades for US stocks, ETFs, and fractional shares for as little as $1. The app provides powerful trading tools, allowing users to trade stocks, ETFs, and mutual funds using industry-leading research and market analysis. Advanced charts and on-the-go technical analysis, as well as real-time quotes, enable users to make informed trading decisions.

The app also includes cash management features, allowing users to deposit checks, pay bills, and schedule transfers and automate investments. Users can also access financial learning resources, including podcasts, articles, videos, classes, coaching sessions, and webinars, to build their confidence and knowledge in investing. Alerts and notifications keep users informed and up-to-date with their investments, while 24/7 customer support is available for assistance.

For those seeking even more advanced investment tools, Fidelity offers Active Trader Pro®, a dynamic trading platform that provides robust trading and portfolio monitoring tools. This platform is available for both desktop and Mac users, offering a seamless experience across devices. Active Trader Pro® allows for customisation, enabling users to adapt the layout to their preferences and add tools and components as needed.

Frequently asked questions