Fidelity.com/OneSecond – Fidelity One Second Trade Execution
Get a one second trade execution guarantee on all qualifying orders as detailed on Fidelity.com/OneSecond. If you are tired of placing trades and then sitting and wondering what has happened to them, then Fidelity might be the right move for you. As we have seen, a lot can happen in a few seconds or minutes. We all saw what happened with the flash crash, so we know that dramatic things can happen fast. Before online trading, I used to trade with my broker on the phone. He was my neighbor and I didn’t even know who he worked for, if for any company. However, I remember the anxiety of sitting there waiting to see what my market order was executed at. I was a young investor at the time and I was always surprised to learn how dramatically different my purchase price was from the bid and the ask. To me, I felt it was because it took a long time for the broker on the other end of the phone to place the order. No matter what the reason was, I felt that all that time it took to place an order resulted in me paying a larger amount. Now, had I been in it for the long term, a few points here and there would not have made a difference. However, I was attempting to do short term investing. That is why I was so ecstatic to learn about the Fidelity one second guarantee. To me, this is something I have always been looking for.
If you have been in my shoes and have been frustrated with other brokers who have not executed your orders to your liking, you should explore the Fidelity.com/OneSecond site to see if that would meet your needs. There are specific terms and conditions and you need to make sure what orders are eligible. For example, as I view it, it applies to the S & P 500 Index orders. Also, it appears it must be within the NBBO. Read over it carefully to make sure you full comprehend what is being offered. There are also some exclusions listed that you should be familiar. However, the great news appears that if they do qualify and they are not executed in one second or less, you won’t have to pay a commission on them. To me, that demonstrates this company truly stands behind their service. It would also give me piece of mind any time I place a qualifying trade. For that reason, I am truly impressed with what Fidelity is offering.
If you would like to learn more, you should check out the overview of trade execution on the fidelity.com one second page. The video presented there was very enlightening. After watching it, I had a better understanding, aside from my own personal experience, why time is so important. I also learned by watching the Fidelity learning center video what was involved when you made a trade. A company that looks to educate its customers is my favorite type of company. I learned what NBBO or National Best Bid or Offer meant by watching that aforementioned segment. I feel that you will also find it educational and enjoyable. It’s only about six minutes long, but very helpful for understanding the trade execution process. I also learned what was meant by price improvement and what a market center is. My fidelity.com reviews for this are off the charts with praise. I am confident that yours might be as well.
Now could be the ideal time for you to switch away from your current online broker. Or, if you don’t have an account, you can open one via the www.fidelity.com/onesecond page. They even provide a toll free number to call if you have questions. If you are like me, I enjoy being able to ask questions. However, if you don’t like calling to ask questions, you might want to check out the frequently asked questions section they provide instead. In perusing the materials, I also learned that the Fidelity resource provided on their page a comparison of themselves to other online brokers. I am the type of person who really likes to compare and this proved to be a useful tool for that. I was surprised at the differences between the online trading companies presented. Even more interesting was that it appeared that others companies they compared themselves to did not make the same exact one second guarantee as Fidelity did. To me, if the others don’t offer such a guarantee, that would be very telling. Another impressive thing I discovered was their very reasonable costs. I am a person who likes to make lots of trades, so saving even a few pennies can really add up over a long time. To me this looks like an ideal set up for a beginner or a professional online trader at home. Buying and selling stock online has definitely come a long way in the last twenty years. It will also be interesting to see where it goes in the next twenty.
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