12/20/2023
In a world where financial management is becoming more and more crucial, finding the right platform to invest and grow your money becomes a priority. Fidelity Investments stands out as a leading institution in the savings and investment space.
It is an American company, headquartered in Boston, Massachusetts, dedicated to offering financial and investment services globally.
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Fidelity Investments has more than 70 years of experience, has more than 35 million individual clients and more than 10,000 institutions. In addition, it offers you a variety of products and services, such as:
- Retirement plans, such as IRAs, 401(k), 403(b) and others.
- Brokerage accounts, for investing in stocks, stock indexes, mutual funds, ETFs, bonds, CDs and more.
- Fidelity Go ®, an automated advisory service that manages your investment portfolio for a fixed annual fee.
- Financial planning and advice to help you define and achieve your goals.
How to open an account at Fidelity Investments?
Now that you know why this institution is an attractive option, let's take a look at the steps you need to follow to open an account.
- Register online. Go to the official website and look for the "Open an account" option. Make sure you have a secure Internet connection for a smooth experience.
- Select the type of account: you will find several options, from standard investment accounts to retirement accounts. Select the alternative that best suits your financial goals. If in doubt, the platform usually provides detailed descriptions for each type.
- Complete personal information: this includes providing your name, address, date of birth and social security number. Fidelity takes privacy very seriously, so you can rest assured that your information will be protected.
- Account funding: Fidelity allows flexible options, such as wire transfers, checks or transfers from other accounts. Make sure you have the minimum amount required to open the account you have selected.
- Signing documents: As part of the process, you will need to electronically sign the necessary documents. This step is crucial to formalize your commitment and guarantee the legality of all transactions.
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Requirements and documentation requested by Fidelity Investments
Fidelity Investments seeks to guarantee security and transparency in all transactions. Therefore, it is essential that you have the proper documentation when opening an account. These requirements may vary depending on the option you choose, but generally you will be asked for:
- Valid identification document, such as a driver's license or passport. This document is essential for identity verification.
- Social Security Number (SSN): this is an essential part of the account opening process, as it helps the institution ensure the legality of financial transactions.
- Contact information: provide accurate contact information, including email address and phone number. This will facilitate communication and ensure that you are aware of any important updates or changes.
Commissions applied by Fidelity Investments
This online broker is quite transparent about the costs and fees it applies in the operation of its investment products. You can consult a detail of all their commissions on their website.
We would like to point out that there is no commission for the purchase and sale of shares, ETFs and options in American markets if orders are placed online. In case of making them by phone or using a manager, a service charge will be applied.
In markets outside the United States, certain fees and charges do apply, which may vary depending on the product and country involved.
Why choose Fidelity Investments?
Before discussing the account opening process, it is important to understand why this entity stands out in the competitive financial world.
Track record and credibility
With decades of experience in the financial market, it has established itself as a reliable institution. Its commitment to excellence and transparency has earned it the trust of millions of investors around the world.
Variety of investment options
From mutual funds to retirement accounts and personalized financial advice, Fidelity provides investors with the flexibility they need to achieve their goals.
You can access dozens of markets around the world and invest in all types of products such as stocks, ETFs, bonds, options, major stock indices like the S&P 500, cryptocurrencies like Bitcoin or Ethereum, Forex and much more.
Research tools and resources
This entity excels in providing its clients with advanced research tools and resources. This allows investors to make informed decisions, backed by in-depth analysis and accurate data.
Opening an account at Fidelity Investments is more than just a simple step. It is a commitment to a sound, well-managed financial future. With its wide range of investment options, advanced tools and proven track record, this institution presents itself as an attractive option for investors of all levels.
Español: ¿Cómo abrir una cuenta en Fidelity Investments?