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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

    thinkorswim

    Score9 out of 10
    N/AThinkorswim, with its Investools division, is an American company offering live and online investor education services. In addition, through its brokerage subsidiary, thinkorswim, Inc., Investools provides services to funded trading accounts for self-directed option traders and institutional users who invest in equities, exchange-traded funds, futures, mutual funds and bonds.N/A
    Pricing
    Fidelity Active Trader Prothinkorswim
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Fidelity Active Trader Prothinkorswim
    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.$0.00 commissions. No platform fees. No data fees. No trade minimums. Online---$0.00-- Interactive Voice Response (IVR) Phone System-$5.00-- Broker-assisted-$25.00
    More Pricing Information
    Community Pulse
    Fidelity Active Trader Prothinkorswim
    Considered Both Products
    Fidelity Investments (FMR LLC)
    Chose Fidelity Active Trader Pro
    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 …
    Incentivized
    Chose Fidelity Active Trader Pro
    As noted throughout this review, Active Trade Pro is fully functional for most traders. However, the chart analysis tools still lag behind thinkorswim. I hope that changes.
    Incentivized
    Chose Fidelity Active Trader Pro
    Unlike Active Trader Pro, TD Ameritrade's advanced desktop platform thinkorswim has no frequent trader requirements. It is also very advanced, boasting 400 technical studies and 20 drawing tools. It offers paper money, a practice mode. Forex and futures can also be traded on thi…
    Incentivized
    thinkorswim
    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 Prothinkorswim
    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 Prothinkorswim
    Likelihood to Recommend
    8.7
    (5 ratings)
    9.1
    (3 ratings)
    User Testimonials
    Fidelity Active Trader Prothinkorswim
    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
    thinkorswim
    I would not hesitate to recommend thinkorswim to someone who wants to get into the stock market. The opportunity to use "paper money" can help beginners learn the fundamentals of trading without any risk. Although the trial period is only 60 days, [that's a] good amount of time for new users to learn enough before venturing out into the real world. Adding to the positives, thinkorswim mobile app is superb and a great way to keep up with your portfolio on the go.
    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
    thinkorswim
    • Day Trading
    • Swing Trading
    • Long term Investment
    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
    thinkorswim
    • Offering more streaming platforms, like bloomberg for example or Fox Business.
    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
    thinkorswim
    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
    thinkorswim
    I have personally used Charles Schwab mobile app and online page for about 3 years and have been thoroughly satisfied. Before TD Ameritrade and Charles Schwab merged, I had used thinkorswim for the 60-day paper money trial before using my real money on investments. I confidently believe the time I've spent on thinkorswim has helped me mitigate any big losses in my investments. As for robinhood, the mobile app is a lot better for beginners to understand and the UI can be described as more aesthetically pleasing. thinkorswim triumphs in many other aspects [as well] such as being backed up by TD Ameritrade and Charles Schwab and the plethora of knowledge [a user can access].
    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
    thinkorswim
    • Easy to place orders
    • Easy to analyse stocks
    • Easy to check over all portfolio
    Incentivized
    Read full review
    ScreenShots