[Keshia]

I’m considering opening another brokerage acct with Fidelity where I’d like to do some buy and holds as I’m learning options trading right now or where I’d like to buy/sell but not active like day trading, while also keeping my main brokerage account separate where I mainly fund that account for stock/etfs that I plan to hold for mostly forever…

If I open another taxable account with Fidelity, will this new brokerage account all be shown within the same portfolio?

Is there another trading platform you’d recommend for options trading?

[Christopher]

I preferred to use my regular brokerage account – the existing balances made it easier to get useful amounts of margin and index options trading approval (index options are favorably taxed and much simpler tax-wise).

A separate account is fine, but doesn’t really win you anything unless you need the barrier to not gamble away your “good” money.

Interactive Brokers may be worth considering too for this kind of exercise.

[Erin]

You can have more than one account in Fidelity. I have a small one just for fun.

[Sonja]

I believe this can be separate from your first brokerage account. Ask Fidelity directly to be certain.

[Prasad]

Just open another account with Fidelity and link your bank account. When you login, the accounts will show up separate.

[Author]

Posts