Fidelity Review

Fidelity Investment Review

Overall, Fidelity Investments is considered low-risk, with an overall Trust Score of 95% out of 100Fidelity Investments is licensed by two Tier-1 Regulators (high trust) regulators. Fidelity Investments offers 15 different retail trading accounts as well as a Demo account. Fidelity is currently not regulated by the Central Bank of Nigeria.

Updated : June 21, 2023

Jump to:

005 regulations book

Regulation and Safety of Funds

005 feature selection

Account Types and Features

006 add user

Account Registration

002 candlestick

Range of Markets

007 fees


001 cash withdrawal

Deposits and Withdrawals

003 research

Education and Research

002 affiliate marketing

Affiliate Program

008 auction

Final Verdict

004 review

Pros and Cons

001 question


Overall Rating

Min Deposit

$0 / 0 NGN



Trading Desk



Total Pairs

Islamic Account


Trading Fees


Account Activation Time

24 Hours

Fidelity Investments at a Glance:

🏛️ HeadquarteredUnited States
🏛️ Nigerian Based OfficeNo
👍 Accepts Nigerian Traders?No
📅 Year Founded1946
📱 Nigerian Office Contact NumberNone
⚖️ RegulationFINRA, SEC
🔎 License Number3637 (CRD), 8-14050 (SEC)
⚖️ CBN RegulationNo
✴️ Regional Restrictions
☪️ Islamic AccountNo
📈 Demo AccountYes
📈 Retail Investor Accounts15
📊 PAMM AccountsYes
📊 Liquidity ProvidersNone indicated
💵 Affiliate ProgramYes
📊 Crypto trading offered?No
🚀 Offers a Nigerian Account?No
💻 Dedicated Nigerian Account Manager?No
📈 Maximum Leverage1:1
📈 Leverage Restrictions for Nigeria?No
💳 Minimum Deposit (₦)400 Nigerian Naira equivalent to $1
💳 Nigerian Naira Deposits Allowed?No, only USD
💰 Active Nigerian Trader Stats1.3 million
💰 Nigeria Daily Forex Turnover$1.25 million+
💳 Deposit and Withdrawal OptionsCredit Card
Debit Card
Bank Wire Transfer
💰 Segregated Accounts with Nigerian Banks?No
💻 Trading PlatformsActive Trader Pro, Fidelity Mobile

💰 Tradable AssetsShares
Exchange-Traded Funds (ETFs)
Mutual Funds
Investment Funds
Fractional Shares
Fixed Income
IRAs and Retirement
Initial Public Offerings (IPOs)
🌐 Offers USD/NGN currency pair?No
🌐 USD/NGN Average SpreadN/A
📈 Offers Nigerian Stocks and CFDsNo
👨‍💼 Languages supported on WebsiteEnglish
👥 Customer Support LanguagesMultilingual
👥 Customer Service Hours24/7
👥 Nigerian-based customer support?No
💰 Bonuses and Promotions for NigeriansNone
✴️Education for Nigerian beginnersYes
📊 Proprietary trading softwareYes
💰 Most Successful Nigerian TraderUche Paragon ($20 million net worth)
✔️Is CM Trading a safe broker for Nigerians?Yes
✔️Rating for CM Trading Nigeria8/10
✔️Trust score for CM Trading Nigeria95%
👉 Open an account👉 Open Account

Fidelity Investments Nigeria Overview

Fidelity overview


👉 Nigerian traders and investors can invest in mutual funds, bonds, IPOs, metals, and certificates of deposit with them and take advantage of their innovative smart trading technology and low transaction fees, without worrying about restrictions from the Central Bank of Nigeria (CBN).


👉 Fidelity Investments, which was founded in 1946, is known for continually offering investors with cheap rates and excellent customer service. In addition, they provide a wide variety of effective trading tools and instructional materials, as well as independent expert research.


👉 If Nigerian traders have a brokerage account with Fidelity Investments, they have the option of managing their own investments or requesting that they do it via their investment advising services. To meet a variety of monetary objectives, a variety of account kinds are available, each aimed at different advanced traders and institutional investors.


👉 This Fidelity Investments review will provide traders with the details that they need to consider whether the broker is suited towards their unique trading objectives and needs.


Distribution of Traders

👉 Fidelity Investment’s distribution of traders is as follows:

➡️️ United States – 97.97%

➡️️ India – 0.34%

➡️️ Canada – 0.28%

➡️️ United Kingdom – 0.12%

➡️️ Germany – 0.08%


Popularity among traders who choose Fidelity Investments

🥇 Fidelity Investments is one of the most prominent brokerages in the world and more than 20% of traders globally choose this firm, making it part of the Top 3.

Regulation and Safety of Funds

👉 In the United States, Fidelity Investments is regulated by the Securities and Exchange Commission (SEC), is a member of the Financial Industry Regulatory Authority (FINRA) and is subject to U.S. securities laws. In addition, Fidelity Investments is also listed on New York Stock Exchange, as well (NYSE).


👉 Security and privacy are top priorities for Fidelity Investments. It is their responsibility to protect your portfolio by using innovative technology and industry-leading security standards. When an illegal transaction occurs in a Fidelity Investments customer’s account, the Customer Protection Guarantee will compensate the client.


👉 The Federal Deposit Insurance Corporation (FDIC), for example, and the Securities Investor Protection Corporation (SIPC) is also engaging in these initiatives to ensure that customers get the best possible service.


👉 In addition, Fidelity Investments also uses the following security features:

➡️️​ The use of two-factor authentication across all supported platforms.

➡️️​ The use of two-factor authentication when higher-risk transactions, including bank wire transfer, is carried out.

➡️️​ The mobile trading app requires biometric recognition for login.

➡️️​ There are security questions employed when clients log in from unknown browsers.

➡️️​ Uninvested cash at Fidelity Investments is insured up to $1.9 million under the Securities Investor Protection Corporation (SIPC). To Fidelity Investments’ knowledge, this is the highest level of additional SIPC protection presently offered in the brokerage sector.

➡️️​ Fidelity Investments’ Customer Protection Guarantee shields clients against damages resulting from illegal access to the accounts, even if the client was not involved with the unlawful use.

Account Types and Features

Fidelity Investments account types

👉 A wide range of self-directed and managed accounts from Fidelity Investments are available to meet the needs of investors with varying objectives and risk tolerances. Fidelity Investments accounts feature no fees and no minimum deposit requirements compared to certain other online brokers.

👉 Clients may choose from a variety of service tiers based on the amount of money they trade. To be considered an active trader, you must make at least 120 deals each year and have access to a slew of perks. VIP status is provided to active traders who make at least 500 transactions a year. These traders get the highest degree of service available to high-net-worth people.

👉 In addition to these accounts, Fidelity Investments also provides Retirement Accounts, Wealth Management Solutions, Options Trading, College Savings Plans, Retirement Plans, and several other solutions to suit the financial objectives and restrictions of investors and their unique tax situation.

👉 The retail investor accounts, and international trading account options offered by Fidelity Investments include:

➡️️​ Brokerage Account

➡️️​ Cash Management Account

➡️️​ Brokerage and Cash Management

➡️️​ The Fidelity Account for Businesses

➡️️​ Fidelity Go

➡️️​ Fidelity Personalized Planning and Advice

➡️️​ Portfolio Advisory Services Accounts

➡️️​ Fidelity Tax-Managed US Equity Index Strategy

➡️️​ Fidelity Equity-Income Strategy

➡️️​ Fidelity International Equity Strategy

➡️️​ Fidelity Tax-Managed International Equity Index Strategy

➡️️​ Fidelity US Large-Cap Equity Strategy

➡️️​ Fidelity Core Bond Strategy

➡️️​ Fidelity Intermediate Municipal Strategy

➡️️​ Breckinridge Intermediate Municipal Strategy

Live Trading Accounts

Brokerage Account

👉 This account is a full-service and full-featured broker account that exempts traders from fees and minimum deposits. With this account, traders have access to US individual stocks, ETFs, and options that can be traded online at competitive trading conditions and with no commissions.

👉 In addition, investors who use this account will also be granted access to mutual funds, bonds, CDs, IPOs, and several other tradable instruments. Fidelity Investments offers traders the use of a wide range of advanced tools and research, helping them make informed investment decisions.

👉 There is no annual account fee on this account and the margin rates that investors can expect start from 4%.

Cash Management Account

👉 An alternative to typical checking accounts, the Fidelity Cash Management Account is a practical option for those who want Federal Deposit Insurance Corporation (FDIC) protection. When it comes to checking accounts, this one is an easy decision for those who do not want to deal with the hassle of an intermediary such as an investment or commercial bank.

Brokerage and Cash Management

👉 A combination between the Fidelity Account and the Cash Management Account offers traders a wide range of benefits. Traders can enjoy the full-featured, low-cost brokerage account in addition to the cash management account, with any ATM fees reimbursed and all deposits made into this account eligible for cover from the FDIC.

The Fidelity Account for Businesses

👉 With the Fidelity Business Accounts, institutional investors have access to a wide range of trading, mutual fund, and cash management tools to better manage the finances of their business. In addition, legal or professional organizations and groups are eligible for this account.

👉 All the financial requirements of institutional and professional traders can be met with this low-cost brokerage account’s extensive trading, mutual fund, and cash management capabilities.

👉 The account features of the Fidelity Account for Businesses include:

➡️️​ Zero annual account fees.

➡️️​ No trading fees for most Fidelity Mutual Funds

➡️️​ Zero commissions on US stock trades

➡️️​ A wide range of investment and trading options including over 3,700 no-load Fidelity Mutual Funds and those from other companies, 28 ETFs from Fidelity and 329 from iShares, with 146 from other industry leaders.

➡️️​ Access experienced and helpful representatives.

➡️️​ Free research from over 20 providers.

➡️️​ Access to an advanced trading platform and tools for active traders.

➡️️​ A choice between different deposit methods and the option to transfer funds from the trader’s bank or broker, direct deposit, cheques, and so on.

➡️️​ Any uninvested cash in the account will be held in a core position, with traders able to choose between Fidelity Government Money Market Fund (SPAXX) or Fidelity Treasury Fund (FZFXX).

Fidelity Go

👉 Fidelity Go is a Robo advisor that is designed for use by traders and investors who want simple, cost-effective yet professional money management solutions. Investors opting for this need to answer a few questions, allowing Fidelity Investments to provide them with a mix of investments that accommodate the investor’s risk tolerance, the time horizon for their investment, and overall goals.

👉 For investment sizes of $10,000 and below there are no advisory fees. However, for balances between $10,000 up to $49,000, there is a $3 fee per month. Investment amounts of $50,000 and higher have a 0.35% fee charged yearly.

Fidelity Personalized Planning and Advice

👉 Investors who desire digital investment management with 1-on-1 coaching from a team of advisers and access to a range of financial issues may take advantage of Fidelity Investment’s digital guidance solution.

👉 Fidelity Investments will work with every investor to create, execute, and manage their road map for success once they have completed a few answers to a few questions online to receive a free, no-obligation investment proposal.

Portfolio Advisory Services Accounts

👉 Diversified managed portfolios including mutual funds and exchange-traded products are available via Fidelity Wealth Services and can be tailored to meet an investor’s specific investing preferences, objectives, or requirements.

👉 Tax-sensitive investment management, as well as total return, a defensive investment strategy, and an emphasis on income, are a few of the preferred solutions.

Fidelity Tax-Managed US Equity Index Strategy

👉 To maximize after-tax returns, this account focuses on long-term growth potential in US large-cap equities and tax management. The minimum investment on this account type is $100,000 and there is an annual advisory fee of between 0.20% and 0.65%, depending on the asset class and instruments that are invested.

Fidelity Equity-Income Strategy

👉 This is a separately managed account that aims toward long-term capital growth and dividend income more than the S&P 500 Index while experiencing less volatility than the US stock market. The minimum investment on this account type is $100,000 and there is an annual advisory fee of between 0.30% and 0.90%, depending on the total assets that are invested.

Fidelity International Equity Strategy

👉 A separately managed account that invests in developed-market nations outside the United States to outperform the MSCI EAFE Index (Net MA Tax) throughout a market cycle.

👉 The minimum investment amount on this account is $100,000 and there is an annual advisory fee of between 0.30% and 0.90% according to the total amount of assets invested.

👉 This account focuses on diversifying the portfolio of an investor across non-US developed market countries as well as equity trades and styles such as growth, value, and core.

Fidelity Tax-Managed International Equity Index Strategy

👉 This independently managed account intends to maximize after-tax returns by pursuing the long-term potential of foreign developed market equities. The types of investment included in this account are US-traded American depositary receipts (ADRs) as well as ETFs.

👉 The minimum investment amount is $100,000 and there is an applicable annual advisory fee of between 0.20% and 0.65%.

Fidelity US Large-Cap Equity Strategy

👉 This account type is a separately managed account that pursues long-term performance to outperform the S&P 500 Index over a complete market cycle. The type of investment included in this account is US large-cap stocks and the account helps investors diversify their portfolio across several US equity styles.

👉 The minimum investment amount is $100,000 and investors can expect an annual advisory fee of between 30% and 90%.

Fidelity Core Bond Strategy

👉 Investment-grade taxable bonds are immediately placed in this account to earn interest income while minimizing the danger to the money that the investor has deposited. The investments in this account include A- or higher investment-grade taxable bonds.

👉 The minimum investment amount is $350,000 and the annual advisory fee ranges from 0.35% to 0.40%.

Fidelity Intermediate Municipal Strategy

👉 Investing directly in a portfolio of investment-grade municipal bonds via this independently managed account provides tax-free interest income while also attempting to keep the value of your investment as low as possible. The minimum investment amount is $350,000 and the annual advisory fee ranges from 0.35% to 0.40%.

Breckinridge Intermediate Municipal Strategy

👉 Individual investment-grade municipal bonds make up this separately managed account, which is overseen by a team of financial experts that invest your money with an eye on protecting your principle while also generating federally tax-free interest income.

👉 The minimum investment amount is $350,000 and the annual advisory fee ranges from 0.35% to 0.40%.

Demo Account

👉 A paper trading account, or demo account, is a practice account that offers traders a certain amount of virtual funds that they can use, allowing them to enter the live market without risking their capital. 

👉 There is a certain degree of risk involved when trading financial markets and Fidelity Investments offers its clients a risk-free platform where they can test a range of complex options strategies, investment strategies, practice trading, and explore what the broker offers in a safe trading environment with real market conditions.

Overall Rating

Min Deposit

$0 / 0 NGN



Trading Desk



Total Pairs

Islamic Account


Trading Fees


Account Activation Time

24 Hours

Account Registration

fidelity account registration

👉 The account registration can be done on the official website of Fidelity Investments. Investors must provide personal, financial, and employment information. In addition, investors may be subject to questionnaires to improve the user experience and suggestions they receive.


👉 Before an account is approved, investors must upload their proof of identity and proof of residence. Once verified, the account will be approved, and investors can start exploring their options.

Fidelity Investments Vs AvaTrade Vs Exness – Broker Comparison

Fidelity InvestmentsAvaTradeExness
📱 Trading PlatformActive Trader Pro
Fidelity Mobile
MetaTrader 4
MetaTrader 5
MetaTrader 4
MetaTrader 5
💰 Withdrawal FeeNoNoNo
📊 Demo AccountYesYesYes
📈 Minimum Deposit400 NGN41,500 NGN4,100 NGN
📈 Leverage1:11:400Unlimited
📊 SpreadNoneFixed, from 0.9 pipsVariable, from 0.0 pips
💰 Commissions$0 to $0.03NoneFrom $0.1 per side, per lot
✴️ Margin Call/Stop-OutNone25%/10%60%/0%
✴️ Order ExecutionNoneInstantMarket
💳 No-Deposit BonusNoNoNo
📊 Cent AccountsNoNoYes
📈 Account TypesBrokerage Account
Cash Management Account
Brokerage and Cash Management
The Fidelity Account for Businesses
Fidelity Go, and several others
Standard Live Account
Professional Account Option
Standard Account
Standard Cent Account
Raw Spread Account
Zero Account
Pro Account
⚖️ CBN RegulationNoNoNo
💳 NGN DepositsNoNoYes
📊 Nigerian Naira AccountNoNoNo
👥 Customer Service Hours24/724/524/7
📊 Retail Investor Accounts1515
☪️ Islamic AccountNoYesYes

Trading Platforms


👉 Fidelity Investments offers the following online trading platforms:

➡️️​ Active Trader Pro

➡️️​ Fidelity Mobile Trading Platform


👉 Fidelity Investments’ sophisticated trading platform, Active Trader Pro, comes equipped with several features that may assist traders in making well-informed choices. Many useful tools are available, such as the all-in-one Daily Dashboard and thematic stock screener.


👉 Some of the features on this trading platform include:

➡️️​ Real-time market updates

➡️️​ Full customizability

➡️️​ The ability to place and manage orders with advanced order types

➡️️​ The ability to view real-time insights to help with technical analysis

➡️️​ Powerful trading tools

➡️️​ Market insights

➡️️​ Free research provided by over 20 independent providers

➡️️​ Portfolio management tools


👉 Nigerian traders on the move can utilize the mobile platform to view and manage their account information. In the palm of any Nigerian trader’s hand, they can access all their portfolios and watch lists, as well as to conduct research, and trade numerous assets.


👉 Subsequently, Nigerians can keep up with the different financial markets from anywhere in the globe with an internet connection, thanks to features like news, videos, real-time quotations, and sophisticated charting. The mobile platform may be downloaded on devices running Android or iOS.

Range of Markets

👉 Fidelity Investments offers a wide range of financial instruments to Nigerian traders and investors including:

➡️️​ Shares

➡️️​ Commodities

➡️️​ Exchange-Traded Funds (ETFs)

➡️️​ Mutual Funds

➡️️​ Investment Funds

➡️️​ Options Trades

➡️️​ Futures Trading

➡️️​ Bonds

➡️️​ Annuities

➡️️​ Fractional Shares

➡️️​ CDs

➡️️​ Fixed Income

➡️️​ IRAs and Retirement

➡️️​ Initial Public Offerings (IPOs)


Fidelity VS AvaTrade Vs Exness – Broker Comparison for Range of Markets

➡️️​ ForexNoYesYes
➡️️​ Precious MetalsNoYesYes
➡️️​ ETFsYesYesNo
➡️️​ CFDsNoYesYes
➡️️​ IndicesNoYesYes
➡️️​ StocksYesYesYes
➡️️​ CryptocurrencyNoYesNo
➡️️​ OptionsYesYesNo
➡️️​ EnergiesNoYesYes
➡️️​ BondsYesYesNo

Trading and Non-Trading Fees

Fidelity fees



👉 This broker’s commissions range from 0 to 0.03% of every $1,000 in turnover, plus $0.65 for each option contract, depending on the traded instrument. US government bonds are traded with a brokerage fee ranging from $19.95 to $250 for the total deal volume. The highest fee for Treasury securities that mature within a year is $50.


Annual Advisory Fee

👉 Fidelity Investments charges the following Annual Advisory Fees:

➡️️​ Fidelity Tax-Managed US Equity Index Strategy – between 0.20% and 0.65%

➡️️​ Fidelity Equity-Income Strategy – between 0.30% and 0.90%

➡️️​ Fidelity International Equity Strategy – between 0.30% and 0.90%

➡️️​ Fidelity Tax-Managed International Equity Index Strategy – between 0.20% and 0.65%

➡️️​ Fidelity US Large-Cap Equity Strategy – between .30% and 0.90%

➡️️​ Fidelity Core Bond Strategy – between 0.35% and 0.40%

➡️️​ Fidelity Intermediate Municipal Strategy – between 0.35% and 0.40%

➡️️​ Breckinridge Intermediate Municipal Strategy – between 0.35% and 0.40%

Deposits and Withdrawals

fidelity deposits and withdrawals


👉 Fidelity Investments offers the following deposit and withdrawal methods:

➡️️​ Credit Card

➡️️​ Debit Card

➡️️​ Bank Wire Transfer


The process to Withdraw Funds from a Fidelity Investments Account

👉 To withdraw funds from an account with Fidelity, traders and investors must complete a withdrawal request according to the account type from which they are withdrawing funds.


👉 The form will require account owner information and a section with the “Withdrawal Request” where traders can indicate the amount to be withdrawn. Traders may have to provide additional information on all other types of withdrawals before they proceed to the Withdrawal Method.


👉 From here, traders have a range of options that they can choose, each with different information required according to the method chosen. Lastly, traders must complete the page with their signature and date.

Alternative Brokers to Fidelity

Alternative Brokers to Fidelity

➡️ TD Ameritrade

➡️ AvaTrade 

➡️ ACY Securities


➡️ Pepperstone

➡️ Webull

How To Minimize Risk While Trading? 

How To Minimize Risk While Trading? 

1. Use Stop Losses

👉 A stop loss is a trading technique that takes you out of losing trades at a predetermined level in order to limit your losses. Utilize stop losses to ensure a 1:1 risk-reward ratio and above in all your trades in order to limit losses and maximize profits on each trade. For example, if you’re setting your stop loss at 50 pips below your entry point, set your take profit at least 50 pips above your entry point.


👉 A 1:2 risk-reward ratio and above will ensure that you remain profitable even if the majority of your trades are losing trades. Using a 1:2 risk-reward ratio means that you should place your stop loss at 100 pips if you have a profit target of 200 pips and so on.


👉 If you are a more aggressive trader, you can use a 1:3 risk-reward ratio, where you risk 100 pips for a profit target of 300 pips.


2. Use Proper Lot Sizes

👉 Trading using proper lot sizes is crucial to your success as a trader. That’s because the lot size determines the value of each point of the currency pair you are trading. A standard lot typically refers to 100,000 units of the base currency you are trading. Therefore, trading a standard lot of the EURUSD currency pair puts the value of each point at USD 100.


👉 The lot sizes you trade should be proportionate to the amount you are willing to risk on each trade, which is directly related to the size of your account and your risk appetite.


3. Control Your Losses

👉 You should only risk 2% or less of your trading account on each trade. This will ensure that you can survive any losing streak while minimizing the drawdown on your trading account.


👉 Remember: losses in forex trading are not linear. A 50% loss would require a 100% gain in order to recover your original trading account level.


4. Use Leverage Carefully

👉 Most forex brokers offer to trade with leverage, and with Exness traders can enjoy up to 1:Unlimited leverage. While trading with leverage is one of the great advantages of trading forex, it can also increase the risk of losses if used incorrectly. Leverage works as a ratio, meaning that if you trade with USD 10 at a leverage of 1:50 your market investment will be USD 500. This means that, if your investment moves in a favourable direction, your profits would be 50x bigger than they would have been without leverage. However, this also means that your losses if the currency moves in an unfavourable direction would be 50x greater as well. Traders are therefore reminded to apply leverage with care.


5. Choose The Time Of Day That You Trade

👉 Most traders tend to ignore the impact of the time of day that they trade. However, traders who are active during periods of less volatility tend to be more profitable than traders who trade during periods of high volatility.


👉 The high volatility periods for different currency pairs vary, but can generally be summarized as the opening hours of the Asian sessions, the London/European sessions, and the New York/American sessions.


👉 Experienced traders who are trading European currency pairs, such as EURUSD and GBPUSD, typically trade during off hours from 7PM to 11AM GMT. However, this data applies to range of traders who trade following the existing trends but might differ for traders using other trading strategies, such as scalping.


6. Buy The Rumor, Sell The News

👉 Many traders like to stay abreast of news that affects the forex market, but this is very hard to do given that it is near-impossible to accurately predict what will happen at any given time across the globe. However, experienced traders typically keep abreast of economic releases from different countries, which generally have an impact on many currency pairs.


👉 In most cases, markets typically discount the news based on investors’ expectations, which means that by the time the news is released, the big moves in the affected currency pairs would have already taken place. Therefore, it is important to make trades related to major news events way before the actual news is released.

All About Fidelity’s Rebate System

All About Fidelity's Rebate System

How much rebate can I pay back?

👉 Rebate percentage can be set to be anything between 0% and 100%.


Payment schedule

👉 Rebates are paid daily to the selected referred clients who have closed any trades within the last 24 hours. Daily payments need to be approved by the partner.


👉 Once rebates are set up from your PA, rebates will be automatically calculated for the selected referred clients every time you receive rewards. Total daily rebates will then await your approval in the Approval section of the Rebates tab, or be automatically distributed if you have selected automated approval on rebates for specific referred clients; more information about this is available in the article about how to manage rebates.

Education and Research

Fidelity education


👉 To offer beginner Nigerian traders with a fundamental understanding of stock trading, there is a special trading centre offered through Fidelity Investments. There are online webinars, analytical reviews of major financial market areas, instructions on how Nigerians can get started in the stock market.


👉 A Fidelity Investments account gives Nigerian traders access to a wide range of online trading tools that are simple to use, but complex enough to aid traders in their research and planning so that they can realize all the potential that their trading strategy has.


👉 An in-house team of experts can also provide the most up-to-date professional views. They provide customers with investment research and analysis to help them with their various trading methods. Articles and financial analysis are provided by Fidelity Viewpoints to assist traders in making educated investment choices.


👉 In addition, Fidelity Investments also offers the following tools and research:


➡️️​ Stock Screener Dashboard to help Nigerian investors seek investment opportunities through the third-party provider as well as data visualisation tools, including fundamental analysis, technical analysis, social trends, advanced charting, and more.


➡️️​ Stock Screeners can be accessed through desktop or mobile, helping investors search for stocks and ETFs using various criteria to narrow down the options.


➡️️​ Equity Summary Score


➡️️​ Strategy Testing Tools


➡️️​ Active Investor Newsletter


➡️️​ Interactive Coaching Sessions


➡️️​ Live Webinars

Overall Rating

Min Deposit

$0 / 0 NGN



Trading Desk



Total Pairs

Islamic Account


Trading Fees


Account Activation Time

24 Hours

Fidelity Investments Affiliate Program

👉 Nigerian traders do not have to pay a fee to participate in the affiliate program, which was developed only to acquire new consumers.


👉 Fidelity Investments is asking its registered traders to suggest the firm to their friends and family by sending an email with their contact information and a personal recommendation. A link to Fidelity Investments’ information services is included in the broker’s email request for collaboration with the invited users, as well.

Verdict on Fidelity Investments

👉 Fidelity Investments is an ideal broker for Nigerian investors and traders who want to invest in Fidelity or iShares. It is also ideal for investors and traders who want to ensure low trading costs and those who want advanced research tools and resources.


👉 Fidelity Investments is a prominent name in investing, and it is a brand with a good reputation. Fidelity Investments is the perfect pick for more advanced traders and investors who are familiar with their investment objectives and their trading styles.

Fidelity Pros and Cons

✔️ Pros❌ Cons
Fidelity Investments is well-regulated and has a good trust scoreMetaTrader platforms are not supported
Member of the FDIC and the Securities Investor Protection Corporation (SIPC)
There is no Forex, CFD, or crypto trading offered
There is a wide range of investment options offered across several financial marketsThere are limited funding options
There are several account types to choose from, each suiting different investors and tradersThe account opening process can be time-consuming
There are many advanced trading tools offered on the website, trading platform, and mobile appTo get the best account benefits, traders must make larger deposits
Powerful proprietary trading platform offeredManagement fees and a contract fee applied
Competitive trading conditions for cost-effective trading and investing
Offers advanced research options and some educational material

Frequently Asked Questions


Is Fidelity Investments regulated and by whom?

Yes, Fidelity Investments is well-regulated by FINRA and SEC.

What is the overall rating for Fidelity Investments out of 10?

The overall rating for Fidelity Investments is 8/10.

Is Fidelity Investments suitable for beginner and professional traders?

While Fidelity Investments offers educational material for beginners, it is not an online broker that is geared towards beginners but more towards experienced traders and professional investors.

Which financial instruments can I trade with Fidelity Investments?

Nigerian traders can trade:

  • Shares
  • Commodities
  • Exchange-Traded Funds (ETFs)
  • Mutual Funds
  • Investment Funds
  • Options
  • Futures
  • Bonds
  • Annuities
  • Fractional Shares
  • CDs
  • Fixed Income
  • IRAs and Retirement
  • Initial Public Offerings (IPOs)

What is the minimum deposit required to register an account with Fidelity Investments?

400 Nigerian Naira to the equivalent of $1.

9.2/10 - (13 votes)