Fidelity Broker Comparison

Fidelity Active Trader Pro & Fidelity+ Review

Why Fidelity Misses the Mark for Active Traders

Fidelity is a household name in investing, but when it comes to active trading, their platforms—Active Trader Pro and the new Fidelity+ beta—leave much to be desired. Despite their reputation, Fidelity has released a minimum viable product (MVP) that lacks essential features for serious traders.

Key Limitations of Fidelity's Trading Platforms

We reviewed both Active Trader Pro and Fidelity+ and found several critical shortcomings:

Major Disappointments

No Trading Ladder

  • Fidelity+ does not offer a trading ladder—a must-have for fast order entry and management.
  • Day traders lose the ability to react quickly to market changes.

Order Management Issues

  • Unable to cancel OTO (One-Triggers-Other) orders directly from the platform.
  • Order workflows are cumbersome and slow.

Multi-Monitor Limitations

  • Windows cannot be floated or detached for use across multiple monitors.
  • Reduces efficiency for traders who rely on multi-screen setups.

Trade Export Frustrations

  • Exported trade activity files do not include execution time.
  • Impossible to determine whether an order was long or short.
  • Profit/loss calculations may be inaccurate due to missing time data.
  • Sorting the transaction file does not resolve the issue.

Why We Don't Support Fidelity

Our platform is designed for traders who demand accuracy, speed, and flexibility. Fidelity's lack of execution time in trade exports alone makes it impossible to deliver reliable reporting. Without this data, you can't confidently track your positions or calculate true profit and loss. For these reasons, we chose not to support Fidelity's platforms.

Caution for Traders

Even if you attempt to sort Fidelity's downloaded transaction files, the absence of execution time can lead to unpredictable and potentially misleading results. Serious traders should be aware of these limitations before relying on Fidelity for active trading and reporting.

Looking for a Better Solution?

Our platform is built for day traders who value precision and actionable reporting. We support brokers that provide complete, accurate data—so you can focus on your strategy, not on fixing broken exports.

FAQ

Frequently Asked Questions

Answers to common questions about Fidelity's trading platforms and our support policy.

Fidelity FAQ

Fidelity's trade exports lack execution time, making it impossible to accurately track positions or calculate profit/loss. This is a critical requirement for our reporting tools.

You can, but you'll face limitations: no trading ladder, poor order management, and incomplete trade data. These issues make it difficult to trade efficiently and report accurately.

Fidelity+ is still in beta and may add features over time, but currently, it does not meet the needs of active traders who require robust tools and complete data.

We recommend brokers that provide complete trade data, including execution time, and support advanced order management and multi-monitor setups.