Day Trade 25 ETFs Commission Free at Fidelity

Discussion in 'ETFs' started by VoodooMMI, Jul 1, 2010.

  1. Maybe fidelity is bucketing trades?
    So they pocket all the daytraders'losses?
     
    #11     Aug 11, 2010
  2. The domestic equity lineup includes both the S&P style index offerings familiar to retail investors as well as the Russell stock funds that institutional investors often prefer. The S&P-based funds include the popular iShares S&P 500 Index Fund (IVV). The Russell-based funds do not include the mid-cap offerings, but the Russell 3000 whole-market ETF is included.

    The international lineup has the two grand-daddies of international ETF investing (EFA and EEM) as well as a small cap international and a whole world fund. The fixed income lineup has a solid representative from each of five major bond sectors. Last, but not least, is Fidelity’s own Nasdaq Composite ETF (ONEQ).
     
    #12     Aug 11, 2010
  3. As long as you stick to the higher volume ETF's and remember that you can't trade more than four times (buy and sell) in a rolling five day period, or you'll be considered a PDT (Pattern Day Trader), which requires a $25,000 margin account as a retail trader.

    Best of luck.
     
    #13     Aug 15, 2010
  4. These Fidelity guys are the banksters of the custodian world - let's just call em banksterodians. They are yacht-sailing, island-owning, beach-dwelling, greedy parasites on the investing system and they will drain away your money using their marketing power - "fidelity" oooooooooooohhhhhhhh​h let me kneel before thee oh mighty and powerful boston banksterodian.
    As a custodian - fine - but don't invest in their overpriced funds or ETF's until they join the real world and actually offer competitive pricing. Go with Schwab or Vanguard or buy direct.
     
    #14     Sep 8, 2010