Fidelity Investments Account Types

　　Fidelity Investments offers several types of brokerage accounts tailored to various investing needs. The primary account types include:

• 　　Individual Brokerage Account: This is a standard taxable account that allows you to buy and sell a wide range of investments, including stocks, ETFs, and mutual funds, without any contribution limits. You will pay capital gains taxes on earnings.

• 　　Joint Brokerage Account: Designed for two or more individuals, this account allows shared ownership of investments. This is ideal for couples or business partners.

• 　　Retirement Accounts: Fidelity provides options for tax-advantaged accounts such as Traditional IRAs and Roth IRAs, which come with specific tax benefits and contribution limits.

• 　　Custodial Accounts: These accounts are set up for minors, allowing adults to manage investments on behalf of children until they reach adulthood.

• 　　Cash Management Accounts: These accounts combine brokerage and banking features, allowing easy access to cash while earning interest.

  　　

　　

Fidelity Broker Account Opening Process

　　Opening a brokerage account with Fidelity is a straightforward process that typically takes about 15 minutes. Heres how to do it:

• 　　Select the Account Type: Determine which type of account suits your investing goals, whether its an individual, joint, or retirement account.

• 　　Visit the Fidelity Website: Go to the Fidelity Investments website and navigate to the account opening section.

• 　　Complete the Application: Fill out the online application form, providing personal information such as your name, address, Social Security number, and employment details.

• 　　Fund Your Account: After your application is approved, you can fund your account by linking a bank account for electronic transfers. Fidelity allows you to start investing with minimal or no initial deposit.

• 　　Review and Confirm: Once the funds are in your account, review your investment options and start trading.

　　Fidelity has no minimum deposit requirement for most accounts, and they often offer promotions for new account holders, such as cash bonuses for initial deposits.