TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Fidelity Active Trader Pro

    Score8.9 out of 10
    N/AActive Trader Pro is Fidelity's customizable trading platform for the desktop and optimized for online trading technology. The solution offers real-time insights, visual snapshots to monitor investments, and trading tools.N/A

    MetaTrader 5

    Score6.1 out of 10
    N/AHenyep Capital Markets (HYCM) & MetaTrade are FCA and CySEC-regulated market leader in providing online FX and CFD trading to retail and institutional investors. HYCM is part of the Henyep Group, an international conglomerate with business in financial services, property, education and charity spanning 20 countries across 3 continents.N/A
    Pricing
    Fidelity Active Trader ProMetaTrader 5
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Fidelity Active Trader ProMetaTrader 5
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details$0 commissions for online US stock, ETF, and option trades. Margin rates among the most competitive in the industry—as low as 4.00%. No minimums to open an account.Fixed---Fixed Spreads from 1.8 pips ("percentage in point")----No Commission/ Classic--Variable Spreads from 1.2 pips (percentage in point)--No Commission/ Raw--Raw Spreads from 0.2pips (percentage in point) + $4 per round/
    More Pricing Information
    Community Pulse
    Fidelity Active Trader ProMetaTrader 5
    Considered Both Products
    Fidelity Investments (FMR LLC)
    No answer on this topic
    HYCM MetaTrader 5
    No answer on this topic
    Key User Insights
    Would buy again
    80%
    Would buy again
    4 Answers
    No answers on this topic
    Delivers good value for the price
    100%
    Delivers good value for the price
    5 Answers
    No answers on this topic
    Happy with the feature set
    100%
    Happy with the feature set
    5 Answers
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    100%
    Implementation went as expected
    5 Answers
    No answers on this topic
    Best Alternatives
    Fidelity Active Trader ProMetaTrader 5
    Small Businesses
    No answers on this topic
    Coinbase
    Score9 out of 10
    Medium-sized Companies
    No answers on this topic
    Coinbase
    Score9 out of 10
    Enterprises
    No answers on this topic
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Fidelity Active Trader ProMetaTrader 5
    Likelihood to Recommend
    8.7
    (5 ratings)
    8.4
    (2 ratings)
    User Testimonials
    Fidelity Active Trader ProMetaTrader 5
    Likelihood to Recommend
    Fidelity Investments (FMR LLC)
    Fantastic for the planning and execution of trades, as follows: (1) Offers nearly 50 market filters, including technical, social sentiment, and custom options filters, (2) supports analysis of option market sentiment with volatility and open interest statistics, as well as the day’s biggest trades, (3) functionality to trade equities, ETFs, simple and complex option strategies with extended-hours and directed trading capabilities, (4) capacity to create and save up to 50 orders and place them at the right time, (5) helps manage risk and profit potential with conditional orders, (6) allows placement of a variety of simple and complex multi-leg option orders, (7) provides ability to monitor portfolio with streaming quotes, real-time gain and loss, streaming balances, and streaming order status updates, and (8) allows creation of personalized layouts to see the market and portfolio information that’s important to you Set trade defaults, create shortcuts, and use hotkeys to quickly and efficiently navigate through the platform.
    Incentivized
    Read full review
    HYCM MetaTrader 5
    1. it is best suited in terms of algorithmic trading, where it helps in better understanding with time intervals and easy-to-use UI . Best for forex trading. 2. Security feature is not well trusted. anyone can join, anyone can fake with screenshots and pics and can show the fake profits which are breaking the trust. There must be a system to not support these activities.
    Incentivized
    Read full review
    Pros
    Fidelity Investments (FMR LLC)
    • Customizable to display information the way I want to see it.
    • Clean, straightforward interface to let me quickly access information from cursory overview to detailed tax information.
    • Equipped with good security measures.
    • Very user friendly.
    • The software has some nice features, including watch lists, market news, alerts, and real-time balances. The program also displays tax-lot information in real-time. There are advanced options tools as well. Active Trader Pro is able to submit up to 20 orders at once using a multi-order ticket.
    • Active Trader Pro has many available features. Alerts can be set, watch lists can be created, and market news can be followed. Balances are shown in real-time. Each of these elements can be assigned to its own window. Tax-lot info can be shown in real-time as well. A multi-order trading ticket can submit 20 orders at once. Up to 50 orders can be built and saved.
    Incentivized
    Read full review
    HYCM MetaTrader 5
    • forex trading
    • analysis and charts with better time intervals
    • better user interface
    • trading based on AI and algorithms
    Incentivized
    Read full review
    Cons
    Fidelity Investments (FMR LLC)
    • Basic explanations of what the functionality is for those who do not fully understand how 401ks work
    • Explaining the difference between Roth and traditional 401Ks
    • More availability for 1:1 appointments with employees
    Incentivized
    Read full review
    HYCM MetaTrader 5
    • support can be better
    • reachability is troublesome due to heavy user base
    • security is the biggest issue and lacks trust
    Incentivized
    Read full review
    Usability
    Fidelity Investments (FMR LLC)
    I have never had any issues using the product, my biggest complaint is that admins cannot change their usernames and the ones that are generated are very hard to remember.
    Incentivized
    Read full review
    HYCM MetaTrader 5
    No answers on this topic
    Alternatives Considered
    Fidelity Investments (FMR LLC)
    Highly comparable. thinkorswim was a great platform and Fidelity has achieved competing against it. Ease of learning curve with training and the ability to configure exactly what the user wants to see is a huge plus. The customizations available are a major bonus and Fidelity's overall customer experience is a beacon in the marketplace.
    Incentivized
    Read full review
    HYCM MetaTrader 5
    1. Better in terms of investor accounting and investor reporting management. 2. Easy to use and setup and better in terms of decision making with algorithmic charts. 3. Better in terms of pricing overall a good and well recommended product to use for all sorts of trading and forex, hedge etc.
    Incentivized
    Read full review
    Return on Investment
    Fidelity Investments (FMR LLC)
    • It shows our workforce we are choosing vendors that are adapting to the modern age.
    • It helps us solve a technological gap related to the workforce that does not have access to desktops or laptops.
    Incentivized
    Read full review
    HYCM MetaTrader 5
    • Gives awesome ROI on my trading and Investing Portfolio
    • Very good Client Support
    • Have Awesome Integration with Different trading Platforms, Dow Jones, and Different Markets
    Incentivized
    Read full review
    ScreenShots