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Trending questions
Due to recent market activity, we're experiencing higher than normal wait times. We've collected the most asked questions to help you self-serve online. We'll be updating this page as we continue to monitor current events and understand where our customers need help.
What's the fastest way to transfer money to Fidelity so I can start trading?
The fastest way to get money into a Fidelity account is to send it via bank wire. You'll need to start the bank wire with your current institution. Bank wires typically process same day and the money is immediately available for trading at Fidelity. Your bank may charge a fee to send a wire, but Fidelity doesn't charge a fee to receive one. You can start this process with your current financial institution using this information to wire to Fidelity.
As an alternative, you could choose to transfer money from your financial institution via EFT. For more information, see how to choose between an electronic funds transfer (EFT) or a bank wire.
What's the difference between a transfer of assets (TOA) and transferring money?
A transfer of assets means you're transferring accounts or investments from one broker or financial firm to another. Transferring money is a transfer of cash from one account to another, like a transfer from your bank account to a Fidelity account, either electronically or via bank wire or checks.
How long does a transfer of assets (TOA) take compared to a general money transfer?
Processing time for transfer of assets (TOA) depends on your current firm's rules and the type of accounts and investments you're transferring. Typically, TOAs take between 3–5 business days to process. General money transfers via bank wire are typically available same day, while transfers via EFT and mobile check deposit are usually credited same day but may take additional time before you can buy investments with the funds.
When can I trade with money from a transfer of assets or a general transfer?
A general money transfer into your Fidelity account via EFT, bank wire, or mobile check deposit may be immediately available for trading. Cash available in a brokerage account you transfer to Fidelity can be used to buy investments immediately, but cash available, shares, or investments in the account can't be sold or withdrawn until the transfer process is complete. Cash transfers can be withdrawn once the money clears in your Fidelity account.
Can I buy fractional shares on stocks like GameStop or AMC Entertainment?
Yes, there are generally no restrictions on which stocks you can purchase as fractional shares. Learn more about fractional shares.
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