Fidelity TLA Vendor Affiliate Page (2024)

Either of the third-party applications described below may help you to track and manage capital gains and account for the cost basis implications of wash sales and corporate actions in your portfolio.

GainsKeeper® is designed to save investors time and aggravation when tracking cost basis information and help manage gains and losses in their investment portfolios. GainsKeeper’s tools include:

  • Automated wash sale and corporate action processing. GainsKeeper helps identify and calculate wash sales and corporate actions and automatically adjusts cost basis.
  • Schedule D functionality. GainsKeeper tracks capital gains throughout the year and helps investors to generate a Schedule D.
  • Tax-smart trading strategies. Investors may increase after–tax returns, maintain investment objectives, generate pre-trade analysis, and avoid wash sales by using GainsKeeper's portfolio optimization tools.

Fidelity customers receive 25% off GainsKeeper subscriptions. Enter promotional code FIDELITY when subscribing to get your discount.


TradeLog® is a tax accounting software designed specifically for the complex tax reporting requirements of active traders and investors.

TradeLog features include:

  • Wash Sales, Capital Gains, Schedule D all handled quickly and accurately for IRS reporting.
  • Simple to use, fully automated, yet extremely powerful.
  • The brokerConnect feature makes importing available trade history from your Fidelity account easy.
  • Comprehensive portfolio management and trade analysis tools.
  • MTM version for Traders using mark to market accounting method.
  • FREE TRIAL VERSION – Try TradeLog® for free.

20% Instant Rebate for all Fidelity clients!

Fidelity TLA Vendor Affiliate Page (2024)

FAQs

Is Active Trader Pro worth it? ›

The product has always been a great tool for quotes, news, option chains and trading. Although the charts have made big improvements, they still lag behind TDAmeritrade's thinkorswim. If your primary focus is general trading, Active Trade Pro is great.

Does Fidelity have something like Thinkorswim? ›

Active Trader Pro is Fidelity's customizable trading platform for the desktop and optimized for online trading technology. The solution offers real-time insights, visual snapshots to monitor investments, and trading tools.

Does Fidelity Active Trader Pro cost anything? ›

Fidelity has two trading platforms, Fidelity.com and Active Trader Pro. Both are free for all customers. Highlights include advanced screeners using research and strategy-testing tools based on 10 years of historical data.

What are the minimum requirements for Fidelity Active Trader Pro? ›

Active Trader Pro is automatically available to customers who trade 36 times or more in a rolling 12-month period.

How many active traders lose money? ›

However, it can be a frustrating and costly experience for many new traders, leaving them with little to show for their efforts. Based on several brokers' studies, as many as 90% of traders are estimated to lose money in the markets.

How much do active traders make? ›

Day Trader Salary
Annual SalaryMonthly Pay
Top Earners$185,000$15,416
75th Percentile$105,500$8,791
Average$96,774$8,064
25th Percentile$56,500$4,708

Why choose Fidelity over TD Ameritrade? ›

TD Ameritrade vs.

ADRs are basically foreign stocks with domestic tickers. But only Fidelity offers the ability to place trades on overseas markets through your online brokerage account. Fidelity customers can trade in 25 countries and exchange between 16 currencies.

Who is better, Fidelity or Schwab? ›

Overall, both brokers have similar offerings, but Schwab has a slight lead due to its large selection of in-house and third-party market reports. Balancing that out, we found Fidelity still has better trading idea generators, making this category a tie.

What is the best stock trading platform for beginners? ›

  • Fidelity Investments. Best trading platform for beginners overall. ...
  • Merrill Edge. Best for existing Bank of America customers. ...
  • SoFi. Best for a one-stop shop for all of your money needs. ...
  • Webull. Best for beginning options traders seeking relatively low margin interest rates. ...
  • Charles Schwab. ...
  • Interactive Brokers. ...
  • Firstrade. ...
  • E*TRADE.
Jun 10, 2024

What is the downside to Fidelity? ›

Fees. Fidelity has average trading and low non-trading fees, including commission-free US stock trading. On the negative side, margin rates and fees for some mutual funds can be high. We compared Fidelity's fees with two similar brokers we selected, E*TRADE and TD Ameritrade.

Does Fidelity Active Trader Pro have level 2? ›

Where do I find Level 2 data? The depth of book is found in the Directed Trade ticket, under Trade and Orders > Directed Trade & Extended Hours. The Level 2 data, is a combination of multiple data sources in the depth of book view, including NASDAQ TotalView and the NYSE ArcaBook.

Is Fidelity Active Trader Pro real time? ›

Active Trader Pro's® Real-time Analytics provides signal alerts based on historical price action.

Can you be a day trader on Fidelity? ›

You'll need to deposit at least $25,000 to meet the account minimums for day trading. Note that you are likely to need more to give yourself a buffer against losses. From there, you can use your online brokerage platform to make the trades you want during the day.

How to short on Fidelity Active Trader Pro? ›

Steps to Short Selling on Fidelity
  1. Step 1: Open a Fidelity Brokerage Account. The first step in short selling on Fidelity is to open a brokerage account with the firm. ...
  2. Step 2: Enable Margin Trading. ...
  3. Step 3: Identify the Stock to Short. ...
  4. Step 4: Place a Short Sell Order. ...
  5. Step 5: Monitor and Manage Your Short Position.

Can you trade after hours on Fidelity Active Trader Pro? ›

Fidelity offers after-hours trading capabilities to its customers, allowing them to trade in the extended hours market. Investors can take advantage of this additional time to manage their portfolios, react to news, and adjust their positions based on after-hours price movements.

Is Trader Pro legit? ›

Let's find out. Traders Pros is not a trusted broker because it is not regulated by a financial authority with strict standards. We would not open an account for ourselves with them. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.

Is Fidelity Active Trader Pro real-time? ›

Active Trader Pro's® Real-time Analytics provides signal alerts based on historical price action.

What is the most profitable trading system? ›

One of the ways beginners can implement the most profitable trading strategies effectively is by embracing the buy-and-hold strategy. This involves researching companies with solid fundamentals and stable earnings, then holding their stocks for a long time without being swayed by short-term market fluctuations.

Which is the best trading platform to earn money? ›

  • Angel One App. ...
  • Upstox Pro Trading app. ...
  • Groww App. ...
  • 5paisa App. ...
  • ICICI Direct App. ...
  • Edelweiss App. ...
  • FYERS App. FYERS is one of the best trading platforms in India. ...
  • AliceBlue App. The AliceBlue Trading application has one of the lowest brokerage charges in the share market industry.

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