Fidelity Active Trader Pro - Detailed Review
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Fidelity Active Trader Pro - Product Overview
Fidelity Active Trader Pro Overview
Fidelity Active Trader Pro is a sophisticated trading platform offered by Fidelity Investments, catering specifically to active and advanced traders. Here’s a brief overview of its primary function, target audience, and key features:Primary Function
Active Trader Pro is designed to provide a comprehensive set of tools and features that enable traders to manage their investments efficiently. It offers a full range of trading functionality for equities, ETFs, mutual funds, and options, allowing users to trade the way they want.Target Audience
The platform is primarily aimed at active traders who execute 36 or more trades in a rolling 12-month period. However, users who do not meet this eligibility criterion can still request access by contacting Active Trader Services.Key Features
Trading Capabilities
- Active Trader Pro includes a single trade ticket for quick order entry, a multi-trade ticket to store and stage up to 50 orders, and a directed trade ticket for viewing market depth and accessing advanced order types and algorithms.
Advanced Charting and Analysis
- The platform offers advanced interactive charting with over 60 indicators and advanced studies. Users can view technical analysis, including support and resistance, stops, classic patterns, and Elliott Wave analysis with just one click.
Option Trading Tools
- It features streaming option chains with visual volume, open interest histograms, and profit/loss analysis. The platform also includes a multi-leg option ticket for building and trading complex strategies.
Portfolio Management
- Users can view the concentration of a particular security across all accounts and manage their entire portfolio with tools such as portfolio summary, account balances, and profit/loss calculations.
Customization and Efficiency
- The platform allows for extensive customization, including setting trade ticket defaults, selecting background color themes, and creating custom layouts to view multiple tools in one single view. It also offers shortcuts and right-click menus to pre-fill trade tickets and quickly access tools.
Education and Support
- Active Trader Pro provides access to Fidelity’s Learning Center, which includes video tutorials, recorded webinars, and live webinars to help users get started and continue learning advanced trading strategies.
Fidelity Active Trader Pro - User Interface and Experience
User Interface of Fidelity Active Trader Pro
The user interface of Fidelity Active Trader Pro is designed to be highly customizable and intuitive, making it accessible and efficient for active traders.
Customization
One of the key features of Active Trader Pro is its ability to be customized to fit individual trading needs. Users can create their own layouts, choosing from a variety of settings such as background color themes, font sizes, and the fields they want to see on individual tools. This customization allows traders to prioritize the information that is most important to them, ensuring a personalized and efficient trading experience.
Ease of Use
The platform is praised for its ease of use. Users can quickly set up the platform by downloading the app and customizing it according to their preferences. The interface is intuitive, with features like quick-click trading, pre-filled trade tickets, and powerful right-click and action menus that simplify the trading process. For example, users can double-click on a position symbol to update views on linked tools such as quotes, charts, and news.
Real-Time Data and Analytics
Active Trader Pro provides real-time insights and dynamic visual analytics, which are crucial for making informed trading decisions. The platform offers streaming quotes, real-time gain and loss data, and streaming balances and order statuses. This real-time data helps traders stay on top of market movements and adjust their strategies accordingly.
Trading Tools and Features
The platform includes a range of advanced trading tools, such as single and multi-trade tickets, directed trade tickets for equities and options, and conditional orders based on price movements. It also features advanced interactive charting with over 60 indicators and studies, as well as a probability calculator to test trading theories. These tools are integrated into the workflow through features like Trade Armor™, which combines trading, charting, news, and gain/loss information in a seamless manner.
Shortcuts and Efficiency
Active Trader Pro allows users to create shortcuts and use hotkeys to streamline their trading activities. Users can pre-fill trade tickets by selecting the bid or ask price from various tools, and the platform supports up to five different sets of linked tools. This efficiency helps traders execute trades quickly and manage their portfolios effectively.
Learning and Support
For those new to the platform, Fidelity offers a Learning Center with quick how-to videos and FAQs to help users get up and running. The support from Fidelity professionals is also available to address any questions or issues during the customization process.
Conclusion
Overall, the user interface of Fidelity Active Trader Pro is designed to be user-friendly, highly customizable, and packed with advanced trading tools and real-time data, making it an excellent choice for active traders seeking to enhance their trading experience.
Fidelity Active Trader Pro - Key Features and Functionality
Fidelity Active Trader Pro Overview
Fidelity Active Trader Pro is a sophisticated trading platform that offers a wide range of features and tools designed to help active traders make informed and efficient trading decisions. Here are the main features and how they work:
Advanced Trading Capabilities
Single and Multi-Trade Tickets
Users can enter trades for stocks, options, ETFs, and mutual funds using smart menus that dynamically populate fields for quick order entry. The multi-trade ticket allows storing and staging up to 50 orders, which can be placed one at a time or all at once.
Directed Trade Ticket
This feature provides market depth and streaming time and sales information, allowing access to advanced order types and algorithms for equities and options.
Interactive Charting and Technical Analysis
Advanced Charting
With a single click, users can view advanced technical analysis, including support and resistance levels, stops, classic patterns, events, and Elliott Wave analysis. The platform offers over 60 indicators and advanced studies, and tabbed charts allow for up to ten custom combinations of time, frequency, and indicators.
Probability and Profit/Loss Analysis
Probability Calculator
This tool helps determine the probability of an underlying equity or index trading above, below, or between certain price targets on a specified date. For options trading, the platform provides a robust probability and profit/loss calculator, along with streaming option chain features like visual volume and open interest histograms.
Option Trading Tools
Option Analytics
The platform offers streaming option chains with features such as ex-dividend and earnings indicators, profit and loss analysis, call/put ratios, and time decay charts. The multi-leg option ticket makes it easy to build and trade complex option strategies.
Portfolio Management
Position Concentration
Users can view the concentration of a particular security across all their accounts and quickly sell all shares of a position using the Find Position in All Accounts tool.
Real-Time Portfolio Monitoring
The platform provides streaming quotes, real-time gain and loss data, and streaming balances and order statuses to help traders monitor their portfolios effectively.
Trade Idea Generation and Filters
Market Filters
The platform includes more than 45 market filters, including technical and social sentiment selections, to help users find intraday trading opportunities and gain insights into market movements.
Customization and Shortcuts
Custom Layouts
Users can set up the platform according to their preferences by choosing from various settings, such as trade ticket defaults, background color themes, font sizes, and the fields to display on individual tools. The platform also offers nine pre-set desktop layouts.
Shortcuts and Hotkeys
Traders can pre-fill trade tickets by selecting the bid or ask price from various tools, and use hotkeys to navigate through the platform efficiently.
Cross-Platform Compatibility and Performance
Cross-Platform Consistency
Built using .NET MAUI, the platform ensures seamless performance across Windows and Mac devices, as well as potential future expansion to mobile platforms like iOS and Android.
Real-Time Data and High Performance
The platform handles real-time market updates efficiently, even during peak trading hours, and provides minimal latency to enable rapid decision-making.
Security and Authentication
Secure Authentication
The platform uses Azure Active Directory (AAD) for secure and scalable identity management, along with multi-factor authentication (MFA) to enhance user security.
Learning and Support
Learning Center
Fidelity offers video tutorials, recorded webinars, and live webinars to help users get started and make the most of the Active Trader Pro platform.
While the provided resources do not explicitly mention the integration of AI, the platform’s advanced tools and real-time analytics suggest a high level of technological sophistication that could potentially include AI-driven components in the future. However, as of now, there is no specific information available on AI integration within Fidelity Active Trader Pro.
Fidelity Active Trader Pro - Performance and Accuracy
Fidelity Active Trader Pro Overview
Fidelity Active Trader Pro is a sophisticated trading platform that offers a range of tools and features to help traders make informed decisions and manage their portfolios effectively. Here’s an evaluation of its performance, accuracy, and areas for improvement:
Performance and Accuracy
- Real-Time Insights and Data: Active Trader Pro provides real-time streaming quotes, gain and loss data, and order statuses, ensuring traders have up-to-the-minute information to make accurate trading decisions.
- Advanced Charting Capabilities: The platform offers customizable charts with various indicators, drawing tools, and the ability to compare the performance of multiple securities or indices. This enhances the accuracy of technical analysis and helps traders identify potential trading opportunities.
- Market Filters and Alerts: With over 45 market filters, including technical and social sentiment selections, traders can spot opportunities early and stay informed about market movements.
- Directed Trading and Order Management: The platform allows for directed trading, enabling greater control over trade execution, and supports quick-click trading for equities, ETFs, and options strategies.
Customization and User Experience
- Customizable Layout: Traders can customize the layout to suit their needs, setting trade defaults, creating shortcuts, and using hotkeys to enhance efficiency.
- Learning Resources: Fidelity provides a Learning Center with how-to videos and articles from trading experts, helping users to get the most out of the platform.
Limitations and Areas for Improvement
- Accessibility: Active Trader Pro is only available as a desktop application and is not accessible on mobile devices, which can be a significant limitation for traders who need to monitor and trade on the go.
- User Interface: Some users find the user interface to be somewhat outdated compared to newer trading platforms, which could impact the user experience.
- Lack of Paper Trading: The platform does not offer a paper trading feature, which would allow users to practice trading with virtual money. This can be a drawback for beginners or those looking to test strategies without risking real capital.
- Hotkey Capabilities: While the platform supports some hotkey functions, it lacks comprehensive hotkey capabilities, which might be a limitation for some advanced traders.
Target Audience
- Experienced Traders: Active Trader Pro is primarily suited for experienced investors due to its advanced features and the potential for it to be overwhelming for beginners.
Conclusion
In summary, Fidelity Active Trader Pro is a powerful tool for experienced traders, offering real-time insights, advanced charting, and customizable features. However, it has limitations such as lack of mobile access, outdated user interface, and the absence of paper trading, which could be areas for improvement.
Fidelity Active Trader Pro - Pricing and Plans
Eligibility and Access
Active Trader Pro is automatically available to customers who trade 36 times or more in a rolling 12-month period. If you do not meet this eligibility criteria, you can contact Active Trader Services to request access.Pricing
- Commissions: Fidelity offers $0 commission for U.S. online stock trades. For options trading, there is no commission, but a contract charge of about $0.65 per contract applies, with no discounts for volume options trades.
Service Levels
Fidelity provides different service levels, each with varying features:Standard
- $0 commission for U.S. online stock trades
- Access to online and mobile app trading platforms
- No access to Active Trader Pro.
Active Trader Services
- Includes all Standard features
- Access to Active Trader Pro
- Competitive commissions and margin rates
- Expedited call routing
- Dedicated team support for advanced trading needs
- Access to the Trading Strategy Desk.
Active Trader VIP
- Includes all Active Trader Services features
- Priority access to a team of trading specialists
- Access to specialists for planning and guidance needs
- Additional advanced services such as Fidelity’s Private Online Investor Community, ability to share buying power across multiple accounts, and access to Secondary and Follow-On offerings
- Screen-sharing capability and virtual group coaching sessions with the Trading Strategy Desk.
Features Available
Active Trader Pro itself offers a wide range of features, including:- Single, multi-trade, and directed trading capabilities for equities, ETFs, mutual funds, and options
- Customizable layout with technical and options filters
- Portfolio monitoring and clear portfolio reports
- Investment insights and trade alerts
- Advanced interactive charting with over 60 indicators
- Conditional orders and probability calculators
- Multi-leg option tickets and streaming option chain features.
Free Options
There are no additional fees to use Active Trader Pro if you meet the trading activity eligibility criteria. However, there are costs associated with certain trading activities, such as the contract charge for options trades and potential fees for mutual funds sold within 60 days of purchase. Fidelity Active Trader Pro - Integration and Compatibility
Fidelity’s Active Trader Pro
Fidelity’s Active Trader Pro is a sophisticated trading platform that integrates seamlessly with various tools and offers compatibility across multiple platforms and devices, making it a versatile and reliable choice for active traders.
Integration with Other Tools
Active Trader Pro is part of a suite of trading solutions offered by Fidelity. Here are some key integrations:
- Trading Dashboard: This platform integrates well with Fidelity’s Trading Dashboard, which allows users to manage all their trading needs in a single screen, including real-time market data, research ideas, and trade execution.
- Fidelity Mobile App: Active Trader Pro users can also access their investment activities through the Fidelity Mobile app, which provides a comprehensive and easy-to-use interface for managing portfolios on-the-go.
- Azure Active Directory (AAD): For secure and scalable identity management, Active Trader Pro uses Azure Active Directory, ensuring enhanced user security through multi-factor authentication.
Compatibility Across Platforms and Devices
One of the standout features of Active Trader Pro is its cross-platform compatibility, achieved through the use of .NET MAUI:
- Cross-Platform Consistency: The platform ensures a consistent user experience across different devices, including Windows and Mac, allowing traders to switch between devices without disruption.
- Future-Ready Design: The architecture is easily extendable to mobile platforms like iOS and Android, making it scalable and adaptable to growing user bases and evolving needs.
- Real-Time Data Streaming: Regardless of the device, Active Trader Pro delivers real-time market updates and handles high-volume trading efficiently, thanks to the capabilities of .NET MAUI.
User Experience and Customization
The platform is designed to be intuitive and customizable, catering to both novice and expert traders:
- Customizable Layout: Users can customize their layout and experience to prioritize the information most important to them. This includes setting trade defaults, creating shortcuts, and using hotkeys for navigation.
- Seamless Performance: Traders experience minimal latency, enabling rapid decision-making, and the platform processes real-time updates efficiently even during market spikes.
Conclusion
In summary, Fidelity’s Active Trader Pro integrates well with other Fidelity tools, offers strong security features, and provides a seamless and consistent user experience across various devices and platforms, making it a reliable and efficient trading solution.
Fidelity Active Trader Pro - Customer Support and Resources
Fidelity’s Active Trader Pro Support Options
Fidelity’s Active Trader Pro offers a comprehensive array of customer support options and additional resources to help users make the most of the platform.
Customer Support
For technical issues or general inquiries about Active Trader Pro, you can contact Fidelity’s support team in several ways:
- Call the dedicated technical assistance number at 800-544-7595 and select the Active Trader tools option.
- Reach out to a trading specialist at 800-564-0211 for trading-related questions.
- Use the instant messaging feature to connect with a representative directly.
Additional Resources
Learning Center
Fidelity provides an extensive Learning Center with educational demos, webinars, and how-to videos from the Trading Strategy Desk. This resource helps users learn about the tools and functionality within Active Trader Pro.
FAQs
The Active Trader Pro FAQs section addresses common questions about the platform, including compatibility with PC and Mac, customization options, and directed trading capabilities.
Customization and Layout
Users can customize their layout by accessing various tools through the main navigation bar. You can save up to 30 components in a custom layout, making it easier to focus on what’s most important to you.
Directed Trading
Active Trader Pro allows you to direct equity and options orders to the market of your choice using the Directed Trade ticket. This includes options for intelligent order routing through Fidelity’s proprietary systems like Fidelity Dynamic Liquidity Management (FDLM) and other strategies such as Volume Weighted Average Price (VWAP) and Target Volume (TVOL).
Feedback Mechanism
If you have feedback on Active Trader Pro, you can call a Fidelity representative at 800-544-6666 or use the “Tell Us What You Think” option within the Help menu of the platform.
General Support
Virtual Assistant and Live Chat
While not specific to Active Trader Pro, Fidelity offers a Virtual Assistant available 24/7 and live chat support from Monday to Friday, 8 a.m. to 10 p.m. ET, and Saturday to Sunday, 9 a.m. to 4 p.m. ET. These resources can help with general account or technical issues.
Phone Support
Fidelity provides 24/7 phone support through various numbers, including a general customer service number at 800-343-3548. This can be useful for broader inquiries or issues that may not be specific to Active Trader Pro.
Social Media
You can also seek help through Fidelity’s social media channels, such as Reddit, Facebook, and Twitter, where you can post questions and receive responses from Fidelity representatives.
These resources ensure that users of Active Trader Pro have multiple avenues to get the help they need, whether it’s technical support, learning resources, or general assistance.
Fidelity Active Trader Pro - Pros and Cons
Advantages of Fidelity Active Trader Pro
Fidelity Active Trader Pro offers a plethora of features that make it a valuable tool for experienced traders. Here are some of the main advantages:
Customizable Platform
The platform is highly customizable, allowing users to set up their layout to display the tools and data most important to them. Users can choose from various settings, including background color themes, font sizes, and the fields they want to see on individual tools.
Advanced Charting Capabilities
Active Trader Pro features advanced interactive charting with over 60 indicators and advanced studies. Users can view support and resistance, stops, classic patterns, and even Elliott Wave analysis with just one click. The charts also allow for comparisons between multiple securities and indices.
Comprehensive Trading Tools
The platform includes single, multi-trade, and directed trade tickets for stocks, options, ETFs, and mutual funds. It also offers Trade Armor™, which integrates trading workflow with drag & drop order and alert entry/management, along with real-time gain/loss positional information.
Option Trading Features
Active Trader Pro provides advanced tools for option trading, including streaming option chains, visual volume and open interest histograms, and profit/loss analysis. It also includes a multi-leg option ticket for building and trading complex strategies.
Real-Time Insights and Alerts
Users can set up alerts, create watch lists, and follow market news in real-time. The platform also offers real-time balances, gain and loss data, and order statuses.
Efficient Trading
The platform allows for quick-click trading, pre-filled trade tickets, and the ability to link up to five different sets of tools. It also features powerful right-click and action menus for quick access to tools.
Learning Resources
Fidelity provides a Learning Center with how-to videos and articles from Fidelity experts to help users get the most out of the platform.
Disadvantages of Fidelity Active Trader Pro
While Active Trader Pro is packed with features, it also has some significant drawbacks:
Accessibility Limitations
The platform is exclusive to Fidelity customers and is not available as a mobile application. This limits its accessibility for those who prefer trading on-the-go.
User Interface
Some users find the user interface to be somewhat outdated compared to newer trading platforms, which can impact the user experience.
No Paper Trading
Active Trader Pro does not offer a paper trading version, which would allow users to practice trading with virtual money. This can be a significant drawback for beginners or those looking to test strategies without real money.
Overwhelming for Beginners
The platform is geared towards experienced investors and can be overwhelming for beginners due to its extensive features and customization options.
No Comprehensive Hotkey Capabilities
Unlike some other trading platforms, Active Trader Pro lacks comprehensive hotkey capabilities, which can be a disadvantage for some active traders.
Overall, Fidelity Active Trader Pro is a powerful tool for experienced traders who value advanced trading features and customization, but it may not be the best fit for beginners or those seeking mobile trading capabilities.
Fidelity Active Trader Pro - Comparison with Competitors
Unique Features of Active Trader Pro
- Customization and Integration: Active Trader Pro offers a highly customizable interface, allowing users to set up their workspace with adjustable layouts, trade defaults, and hotkeys. It integrates seamlessly with Fidelity brokerage accounts, ensuring smooth trade execution and portfolio management.
- Advanced Trading Tools: ATP includes features like Trade Armor, which visualizes bracket orders combining stop-loss and limit orders, and real-time analytics that stream actionable trade signals and market insights. It also supports conditional orders, multi-trade tickets, and directed trade tickets for advanced order types and algorithms.
- Comprehensive Charting: The platform provides advanced interactive charting with over 60 indicators and studies, as well as tabbed charts that allow for multiple custom combinations of time, frequency, and indicators.
- Options Trading: ATP offers extensive options trading tools, including streaming option chains, profit and loss analysis, and a multi-leg option ticket for building and trading complex strategies.
- Education and Support: Fidelity provides extensive research resources, webinars, and 24/7 customer support, which are highly beneficial for traders looking to improve their skills and address any issues promptly.
Potential Alternatives
Thinkorswim by TD Ameritrade
- Thinkorswim is often compared to Active Trader Pro due to its advanced features. It offers a more modern interface and is known for its powerful charting tools, including the ability to trade directly from charts. Thinkorswim also has a strong focus on education with its paper trading account, which allows users to practice strategies risk-free.
- Unlike ATP, Thinkorswim has a more user-friendly interface for beginners and includes features like the “ThinkOnDemand” video library and a community forum for traders to share ideas.
NinjaTrader
- NinjaTrader is another popular alternative that offers advanced trading tools, particularly for futures and forex traders. It provides real-time market data, advanced charting, and automated trading strategies through its backtesting and simulation tools. NinjaTrader also supports multiple brokerage accounts and has a large community of users who develop and share custom indicators and strategies.
- Unlike ATP, NinjaTrader is more geared towards futures and forex trading and requires a separate data feed subscription for real-time data.
Cobra Trading
- Cobra Trading offers the Cobra TraderPro platform, built on the Sterling Trader framework. This platform provides real-time Level 2 market data, advanced charting, hot keys, and a short monitor. It also supports multi-account management and advanced order types like basket trading and charting. Cobra TraderPro is known for its customization options and direct-access trading capabilities.
- Unlike ATP, Cobra TraderPro is more focused on direct-access trading and may appeal more to traders who need advanced features for equities and options trading without the extensive options analytics provided by ATP.
EzAlgo
- EzAlgo is a sophisticated trading tool integrated with TradingView, offering features like multi-timeframe resistance and support zones, automatic golden pocket for Fibonacci levels, and AI signals to mimic institutional trading strategies. It provides real-time market tracking and customizable alerts, making it a strong alternative for traders looking for AI-driven insights.
- Unlike ATP, EzAlgo is more specialized in AI-driven trading signals and does not offer the broad range of trading tools and account integration that ATP provides.
Fidelity Active Trader Pro - Frequently Asked Questions
Here are some frequently asked questions about Fidelity Active Trader Pro, along with detailed responses to each:
What is Fidelity Active Trader Pro?
Fidelity Active Trader Pro is an advanced trading platform provided by Fidelity, aimed at helping users make informed trading decisions through real-time insights, dynamic visual analytics, and comprehensive trading tools. It supports trading in equities, ETFs, and simple to complex options strategies.
Is Fidelity Active Trader Pro free to use?
Yes, Fidelity Active Trader Pro is available for free. However, some features and services may require specific account levels or trading activity. There is also a free trial available for those who want to test the platform before committing.
What are the key features of Fidelity Active Trader Pro?
Key features include:
- Single and multi-trade tickets for stocks, options, ETFs, and mutual funds.
- Directed trade tickets with market depth and streaming time and sales information.
- Conditional orders based on price movements of stocks, indices, or options contracts.
- Advanced interactive charting with over 60 indicators and studies.
- Probability and profit/loss calculators for options trading.
- Streaming real-time market data, quotes, and news.
- Portfolio management tools with real-time balances and profit/loss data.
Can I customize the layout and experience of Active Trader Pro?
Yes, you can customize the platform to suit your needs. You can choose from an array of settings such as background color themes, font sizes, and the fields you want to see on individual tools. Additionally, you can create a custom layout to view multiple tools in one single view or use one of the pre-set desktop layouts.
What advanced trading tools are available on Active Trader Pro?
The platform offers several advanced trading tools, including:
- Advanced order types such as trailing stop orders, conditional orders, and short selling.
- Multi-leg option tickets for building and trading complex strategies.
- Direct and intelligent order routing with the ability to choose market centers and experience streaming time and sales data.
How does Active Trader Pro help with portfolio management?
Active Trader Pro provides comprehensive portfolio management tools, including real-time balances, positions, and profit/loss data. You can also view the concentration of a particular security across all your accounts and quickly sell all shares of a position using the Find Position in All Accounts tool.
Are there any shortcuts or efficiency tools available?
Yes, the platform offers several shortcuts to enhance trading efficiency. You can pre-fill trade tickets by selecting the bid or ask price from various tools, double-click on a position symbol to update views on linked tools, and use powerful right-click and action menus to quickly access tools or pre-fill trade tickets.
Can I use Active Trader Pro on multiple devices?
Yes, Active Trader Pro is available for both web and desktop use, allowing you to trade and manage your portfolio from different devices. Additionally, Fidelity offers mobile app access for on-the-go trading.
What kind of support does Fidelity offer for Active Trader Pro users?
Fidelity provides various levels of support, including expedited call routing, priority access to a team of trading specialists, and access to the Trading Strategy Desk. For VIP users, there is also dedicated support for advanced trading and investment needs.
Are there any educational resources or events available for Active Trader Pro users?
Yes, Fidelity offers several educational resources and events, such as virtual group coaching sessions with the Trading Strategy Desk, complimentary webinars, and access to Fidelity’s Private Online Investor Community (by invitation only).
Fidelity Active Trader Pro - Conclusion and Recommendation
Final Assessment of Fidelity Active Trader Pro
Fidelity Active Trader Pro (ATP) is a sophisticated trading platform that caters to the needs of active and advanced traders. Here’s a comprehensive overview of its features and who would benefit most from using it.Key Features
Advanced Trading Capabilities
ATP offers single, multi-trade, and directed trade tickets for stocks, options, ETFs, and mutual funds. This includes smart menus for quick order entry and the ability to store and stage up to 50 orders.
Interactive Charting and Technical Analysis
The platform provides advanced interactive charting with over 60 indicators and studies, as well as tools for identifying entry and exit points, including support and resistance, stops, and classic patterns.
Option Trading Tools
ATP includes streaming option chains, profit and loss analysis, call/put ratios, and time decay charts. It also features a multi-leg option ticket for building and trading complex strategies.
Market Filters and Trade Ideas
Users can discover trading opportunities using more than 45 market filters, including technical and social sentiment selections. This helps in identifying intraday trading opportunities and understanding market drivers.
Customization and Efficiency
The platform allows for customizable layouts, trade defaults, and shortcuts. Users can pre-fill trade tickets from various tools and use hotkeys for navigation.
Real-Time Insights and Analytics
ATP provides real-time quotes, gain and loss data, and order statuses. It also integrates Trade Armor, which visualizes bracket orders to manage risk.
Learning Resources
Fidelity offers extensive learning materials, including video tutorials, recorded webinars, and live webinars to help users get started and advance their trading skills.
Who Would Benefit Most
Fidelity Active Trader Pro is ideal for:Active Traders
Those who trade frequently (at least 36 times in a rolling 12-month period) will find the advanced trading tools and real-time analytics invaluable.
Advanced Investors
Investors who are comfortable with complex trading strategies, including options trading, will appreciate the platform’s detailed analytics and multi-leg option tickets.
Technical Analysts
Traders who rely heavily on technical analysis will benefit from the extensive charting tools and indicators available.
Portfolio Managers
Individuals managing multiple accounts or positions will find the ability to view concentration of a particular security across all accounts and quickly sell all shares of a position very useful.