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    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

    Interactive Brokers

    Score10 out of 10
    N/AInteractive Brokers helps Investors globally in stocks, options, futures, currencies, bonds and funds from a single integrated account . Accounts can be funded in multiple currencies and trade assets denominated in multiple currencies. with access market data 24 hours a day and six days a week.N/A
    Pricing
    Fidelity Active Trader ProInteractive Brokers
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Fidelity Active Trader ProInteractive Brokers
    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.Interactive Brokers offers different pricing structures for Commissions, Margin and Interest Rates accounts, Market Data and Broker Fees.
    More Pricing Information
    Community Pulse
    Fidelity Active Trader ProInteractive Brokers
    Considered Both Products
    Fidelity Investments (FMR LLC)
    No answer on this topic
    Interactive Brokers
    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 ProInteractive Brokers
    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 ProInteractive Brokers
    Likelihood to Recommend
    8.7
    (5 ratings)
    10.0
    (1 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    10.0
    (1 ratings)
    User Testimonials
    Fidelity Active Trader ProInteractive Brokers
    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
    Interactive Brokers
    Interactive Brokers is appropriate for retail equity investing and pension accounts holding - totally appropriate. Institutional accounts and proprietary trading group accounts - appropriate for those managing risks themselves because there is no automatic or supervised control and you trade at your own discretion. Not appropriate - is you look for crypto trading with instruments not accepted by regulator authorities as featured instruments with acceptable risk, to make sustainable and regulated investments with the main aim to preserve capital. All not regulated instruments are not appropriate and it is good and professional.
    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
    Interactive Brokers
    • Large financial instruments are available for trading - options, forex, derivatives, USTs
    • All main international exchanges are available to allocate
    • Fast and stable user interface
    • Fast connectivity
    • Python and Java API
    • Applications from Vendors
    • Data feed on demand could be added
    • Fast funds transfers and account set up
    • Supported all types of account: retail, trading group, retirenment, institutional
    • Fast quotes update without viable delay even for retail
    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
    Interactive Brokers
    • Simplification of design (classic multy window to plain colorful palette Z-focused)
    • Choise of routes for order flow with clear comission cost
    • International bonds inclusion
    • Consider offering of CDS derivatives for ICE products
    • ESG selection - CO2 allowances instruments
    • Crypto wallets as a cource of margin connectivity are interesting for hybryd account
    • Sponsorship for FINRA licenses for non-institutional customers
    Read full review
    Likelihood to Renew
    Fidelity Investments (FMR LLC)
    No answers on this topic
    Interactive Brokers
    We use it and do not plan to switch. It fits all our current needs.
    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
    Interactive Brokers
    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
    Interactive Brokers
    Reliable connection, fast interface, rapid data updates, lower comission costs that is all features coinsided at one place for Interactive Brokers trader workstation. Even account types offering is wider to include also trading group accounts not only retail, IRA 401. Interactive Brokers makes easy to enter the prop business or serve large family office needs as an adviser or discretionary mandate trader (EU)
    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
    Interactive Brokers
    • Scalability - easy managed exposure of any size
    • ROI is sustainable, no exponencial growth but we get what is expected, not less SP500 return + KPI %
    • Comission flow is very low as compared to 3 - 4 years before the date
    Read full review
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