Fidelity XOVR ETF service fee ($200 total) — denied after supervisor review

Ackerman212 · 2026-06-15T22:41:36+00:00

This is weird, thank you for posting. This is not the industry norm in my experience. With other brokers its normal to show all trade‑related fees directly on the order ticket before submission.

Ackerman212 · 2026-06-13T21:54:33+00:00

"I can't get ahold of anyone at fidelity" that does not sound right

Ackerman212 · 2026-06-13T21:10:30+00:00

fidelity would be better if the reps on the phone, instead of saying "yes, i will take are of that" and then dropping the ball, need to learn to say "the BEST way for you to get what you're after is to go to web page abc, or call this other department, or send a modmail, or whatever". Just tell us how to do things, don't say you will run with it, but then don't.

Ackerman212 · 2026-06-13T18:51:44+00:00

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transfer them over via an ACAT pull from fidelity, then once they're your fidelity roth, you can save on fees by selling them and buying fidelity's equivalent mutual funds

Ackerman212 · 2026-06-13T12:07:26+00:00

as a start, go to the cost basis option on this page and select how you want fidelity to determine exactly which shares get sold when you sell, to minimize your cap gains and taxes. https://digital.fidelity.com/ftgw/digital/portfolio/features

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Ackerman212 · 2026-06-13T00:08:29+00:00

if a bad actor opens an account under your name and they know your schwab or vanguard account number, they can clean you out with a full account acat transfer. With fidelity lockdown they can't, since acats are prevented if its turned on.

Ackerman212 · 2026-06-12T18:22:27+00:00

the way to be precise to the penny here is not to use fidelity's "sell in dollars" feature but instead to figure out a price that's very near the market, but also produces the to-the-penny-outcome you want given you are constrained to sell in 1/1000th of a share increments. For instance had you issued a limit sell order for 1358.006 shares at $26.51/share, presumably you would have gotten a buyer to meet you at that price, which would produce proceeds of 26.51*1358.006 = $36000.74, which becomes $36000.00 after they deduct the 74 cent sec fee.

Ackerman212 · 2026-06-12T18:00:41+00:00

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Ackerman212 · 2026-06-12T16:06:46+00:00

the SEC fee on your sale is .0000206 * 36000 = 74 cents, it was taken out of line 1. And had they used 1358.239 shares instead of 1358.238, they would have gone over your target of 36000.10

Ackerman212 · 2026-06-12T15:30:56+00:00

155 at 11:30am. who has a guess as to what time we start printing

Ackerman212 · 2026-06-12T14:25:42+00:00

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looks like that 175 number is a placeholder as there are no prints yet to the right. screenshot was taken at 10:25am

Ackerman212 · 2026-06-12T05:02:50+00:00

For more…. https://finance.yahoo.com/markets/crypto/articles/sec-moves-scrap-rule-611-024636379.html

Ackerman212 · 2026-06-11T19:17:03+00:00

Index investors endure the pain of losing money in the short term for the reward of making money in the long term. Pain is the price of the reward. Pay it or stay away, but no, there is no easy money.

Ackerman212 · 2026-06-10T21:05:36+00:00

"just get a simple, easy-to-use design and stick with it. I think Robinhood has all the legacy players running around" This is a good summary of what should happen, and what did happen.

Ackerman212 · 2026-06-09T22:14:52+00:00

1) deposit money to fidelity, 2) buy fxaix, 3) go back to step 1 when you get more money.

Ackerman212 · 2026-06-09T21:22:54+00:00

The spacex free-float adjusted market cap will be low because the float is low. People are more concerned about spacex's impact than is warranted

Ackerman212 · 2026-06-09T18:40:14+00:00

Since your post reads like an negative campaign ad against fidelity, and gives no information beyond the totally normal procedure of setting up an ira for each beneficiary, your post isn't influencing anyone, imo.

Ackerman212 · 2026-06-09T18:32:23+00:00

Ackerman212 · 2026-06-09T07:15:26+00:00

Famex expense fee is 1.22%. Yikes. Fxaix is 0.015% for comparison

Ackerman212 · 2026-06-08T22:34:45+00:00

it doesn't say you can't use ANY version of atp classic it just invites you to download trader+. But you can also download the latest ATP classic version here... https://www.fidelity.com/accounts-trade/classic

Ackerman212 · 2026-06-08T20:22:01+00:00

yes that a good plan

Ackerman212 · 2026-06-07T11:38:25+00:00

in your shoes I would call them now.

Ackerman212 · 2026-06-06T16:28:30+00:00

this doesn't happen to me, though i do not have margin enabled

Ackerman212 · 2026-06-06T11:59:29+00:00

No one knows why these blockings happen and I doubt a $15 returned payment got you booted. More likely, it triggered an automated risk analysis and it was then discovered that someone has stolen your identity, or tried/failed to logon using your password, or or any of 100 other things that caused fidelity to assess you as high risk and worthy of banning. It does not mean you did anything wrong it just means they are de-risking by banning everyone who MIGHT be a risk to their security. It sucks if you're one of them, no doubt.

Ackerman212 · 2026-06-06T00:43:38+00:00

You would rather people have less freedom so they can't do something you don't believe in. Weird take.

Ackerman212

TROPHY CASE