PROS / There are many different learning tools available from Fidelity, including webinars and video tutorials.
CONS / This online platform is not customizable.
VERDICT / Fidelity gives you great guidance to improve your financial portfolio.
Fidelity is stock analysis software that does much more than help you analyze stocks. You can also develop your portfolio, keep track of your investments and increase your retirement income. This service is available online and has local branches in most states, which lets you speak with a professional face-to-face if you would like. Fidelity excels at offering you lots of help and training when it comes to your finances. You can learn about retirement savings, watch helpful videos and find out more about market fluctuation. This platform is one of the best stock analysis software programs we reviewed and earns our Top Ten Reviews Silver Award.
Platform & Tools
This free stock market analysis software has a wide selection of investment options for your portfolio. You can look at stocks, options, mutual funds, exchange-traded funds and more. Fidelity is a National Best Bid and Offer participant, so you can be sure you're getting the best and most up-to-date price. You also have smart order routing and direct access to the ECN. You can choose the strategy that works best for you when you order options. Strategies available include condor, multi-leg and butterfly.
There are a number of helpful stock analysis tools available through Fidelity. You can access Level I quotes, automated trading, charts, graphs, research and watchlists. There are also many videos, courses and research tools geared toward helping you better understand markets, investments and retirement savings plans.
One of the downsides of Fidelity is that since its platform is online, you cannot customize your experience by rearranging windows or adding and removing windows, though you can minimize windows to keep yourself more organized. Despite being unable to customize your windows, you can create watchlists and alerts.
Fidelity mobile apps are available for iOS, Android and Windows phones. You can perform research, fund accounts, order trades via your mobile device and even see fully interactive analytic charts.
Fees & Commissions
The prices Fidelity offers for each stock trade are competitively priced with comparable stock charting software. For each stock trade, you pay $4.95, which is one of the lowest trade fees you can find. If you make a broker-assisted transaction, you pay $32.95 for the broker deal. With Fidelity, you pay no annual account fee, which is a great bonus.
Options cost the same as stock trades at $4.95, plus an additional $0.65 per contract. The cost for 10 contracts works out to be $11.45, which is about average compared to the other services we reviewed. The margin rate is in the average range at 4% to 8.825%. However, while most services in our review do not require a minimum investment amount, with Fidelity you must meet a minimum investment balance of $2,500 in order to open an account.
Education & Resources
Fidelity has stellar educational resources and is especially well-known for its retirement planning. Advice is available to help beginners understand the basics of stock trading. Fidelity’s advice helps you create a trading strategy by educating you on the differences between income investing and growth. An online learning center can help you understand Fidelity's free stock market technical analysis software platform as well as give you information on strategies and investment types.
Live online workshops are also available; or you can attend in-person seminars if you prefer. Speaking with a stock trading advisor face-to-face at a local investment center is an option as well. You can also contact Fidelity customer service via live chat, phone and email.
Fidelity offers solid stock market analysis software, especially if you're just starting out in the world of online investing. You have access to tools, real-time quotes, charts, graphs and more. Customer service is also available around the clock so you always have access to helpful representatives if you're doing late-night research. With all of the analytics, competitive prices and top-notch educational options, Fidelity is one of the best stock analysis software platforms we reviewed.