Fidelity Fastearners has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Fidelity Fastearners offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Economic calendar|Risk management tools
Cons: No phone support on weekends
The only good thing about Fidelity Fastearners is that they remind you why regulation matters. I found them from a review site like this one. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Fast support response|Personal attention|Clear documentation|Portfolio tracking tools
Cons: Inactivity fee applies after 12 months
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Fidelity Fastearners said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Easy to use platform|Fast execution|Wide product range
Cons: Wish they had more educational resources|Mobile app could be improved
The platform at Fidelity Fastearners is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for the past six months of dealing with this, I have had enough.
Pros: Tax reports included|Excellent charting|Fast deposits|Easy withdrawals
Cons: Onboarding videos are outdated
I signed up with Fidelity Fastearners through a forum discussion and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Competitive fees|Market news feed
Cons: Help articles are sometimes vague
The mobile app from Fidelity Fastearners is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Clean UI|No hidden fees|Professional team
Cons: Limited ETF selection
I had high hopes for Fidelity Fastearners after a friend recommended them, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Segregated accounts|Competitive fees|Regular updates
Cons: Account statements could be more detailed
I have been trying to close my account with Fidelity Fastearners for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Competitive fees|Easy withdrawals
Cons: No fractional shares|Desktop app not available on Linux
Fidelity Fastearners advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Segregated accounts|Multiple order types|Comprehensive tools|Demo account available
Cons: Onboarding videos are outdated|Wish they had more educational resources
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Fidelity Fastearners is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Blocked my account|No legitimate license|Fake returns