BOSTON--()--Fidelity Investments®, a leader in providing investors direct access to foreign markets and currencies, today announced it extends that leadership by offering investors five additional countries and currencies in its online international investing platform1. This expanded platform can make it faster and easier to trade international stocks and exchange foreign currencies in 17 of the world’s largest and most popular markets. In addition, all of Fidelity's retail brokerage customers can now register online to trade directly in international markets. Previously, only Fidelity’s active traders and high-net-worth investors had access to these capabilities.
“The additions to our online international offering cement Fidelity’s leadership position as offering the most comprehensive set of countries and currencies among major online brokerage firms”
The new countries and currencies available to Fidelity’s retail investors are:
- Mexico; Peso (MXN)
- New Zealand; New Zealand Dollar (NZD)
- Singapore; Singapore Dollar (SGD)
- Sweden; Krona (SEK)
- Switzerland; Swiss Franc (CHF)
Fidelity’s online international investing platform, which launched in 2009, is one of the industry’s most comprehensive suites of international investing options. In addition to direct access to 17 foreign markets and 13 currencies, Fidelity customers also can benefit from the more than 1,400 mutual funds and 250 ETFs with international securities exposure available on Fidelity.com/InternationalTrading. From 2010 to 2011, the number of international equity executions on Fidelity.com increased 89 percent year over year2.
“The additions to our online international offering cement Fidelity’s leadership position as offering the most comprehensive set of countries and currencies among major online brokerage firms,” said James C. Burton, president of Fidelity’s retail brokerage business. “Customers can benefit not only from the increased choices, but also from Fidelity’s low commissions, the ability to trade foreign and domestic securities from a single brokerage account, and the flexibility to execute foreign trades using U.S. dollars or in the stock’s local currency.”
The new countries join the original 12 available on Fidelity’s brokerage platform: Australia, Belgium, Canada, France, Germany, Hong Kong, Italy, Japan, the Netherlands, Norway, Portugal and the United Kingdom. The new currencies join the original eight: Australian Dollar, British Pound, Canadian Dollar, Euro, Hong Kong Dollar, Japanese Yen, Norwegian Krone and U.S. Dollar.
Fidelity has a robust offering for clearing, custody and family office clients providing equity and FOREX trading with access to 46 countries and local settlement in 20 currencies3.
Comprehensive International Trading Research, News and Real-Time Market Data
Fidelity believes that for most investors with longer-term timeframes (greater than five years), an international equity allocation of 30 percent of their overall stock allocation provides a reasonable tradeoff between the shorter-term possibilities of increased volatility and the long-term potential for increased returns.
Investors can access third-party research, news and real-time market data and quotes for foreign currency and international equities on the International Trading research page on Fidelity.com. Fidelity also provides a visual snapshot of U.S. and world equity indexes on the Markets & Sectors page.
For investors who want additional assistance, Fidelity provides phone access to international trading representatives virtually 24 hours a day, six days a week (1-800-FIDELITY). Additionally, Fidelity offers the Fidelity Learning Center, an online interactive learning tool that provides education on trading and investment strategies, including an international trading module available at https://www.fidelity.com/learning-center.
About Fidelity Investments
Fidelity Investments is one of the world’s largest providers of financial services, with assets under administration of $3.4 trillion, including managed assets of $1.5 trillion, as of Dec. 31, 2011. Founded in 1946, the firm is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and many other financial products and services to more than 20 million individuals and institutions, as well as through 5,000 financial intermediary firms. For more information about Fidelity Investments, visit www.fidelity.com.
Before investing, consider the funds’ investment objectives, risks, charges and expenses. Contact Fidelity for a prospectus containing this information. Read it carefully.
Diversification does not ensure a profit or protect against loss.
Foreign investments involve greater risks than U.S. investments, including political and economic risks and the risk of currency fluctuations, all of which may be magnified in emerging markets.
The risk of loss in trading foreign currency can be substantial and may be magnified if trading on margin. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition, risk tolerance and understanding of foreign markets. These risks include foreign currency risk and liquidation risk.
ETFs may trade at a premium or discount to their NAV and are subject to the market fluctuations of their underlying investments.
Please see the International Trading Supplement (PDF) for additional important information.
Currency exchanges are completed on behalf of Fidelity Brokerage Services LLC by Fidelity FOREX, Inc., a Fidelity affiliate and may include a mark-up. More favorable exchange rates may be available through third parties not affiliated with Fidelity.
System availability and response times may be subject to market conditions.
Canadian clearing and custody services are provided by Fidelity Clearing Canada ULC. Fidelity Clearing Canada ULC, National Financial Services LLC and Fidelity Brokerage Services LLC are affiliates.
Fidelity Investments, Fidelity, the Fidelity Pyramid design logo, National Financial, and Fidelity Learning Center are registered service marks of FMR LLC.
Fidelity Brokerage Services LLC, Member NYSE, SIPC
900
Salem Street, Smithfield, RI 02917
National Financial Services LLC, Member NYSE, SIPC
200
Seaport Boulevard, Boston, MA 02110
Fidelity Investments Institutional Services Company, Inc.
82
Devonshire Street, Boston, MA 02109
603905.2.0
© 2012 FMR LLC. All rights reserved.
1 International trading may only be conducted in non-retirement accounts. International stock trades are restricted to Day Orders only; trades must be Market or Limit Orders; trades must be cash only – not margin; short sales are not permitted; international stocks must be bought and sold in the same country.
2 Based on internal Fidelity business data from January 1, 2010 through December 31, 2011.
3 Fidelity’s broker/dealer and advisor clients can access the following markets and currencies through National Financial:
46 COUNTRIES: Argentina, Australia, Austria, Belgium, Brazil, Canada, China, Chile, Czech Republic, Denmark, Estonia, Finland, France, Ghana, Germany, Greece, Hong Kong, Hungary,, Indonesia, Ireland, Israel, Italy, Japan, Lithuania, Luxembourg, Malaysia, Mexico, Netherlands, New Zealand, Norway, Peru, Philippines, Poland, Portugal, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, United Kingdom, Venezuela
20 CURRENCIES: Australian Dollar, British Pound, Canadian Dollar, Czech Koruna, Danish Kroner, European Euro, Israeli Shekel, Japanese Yen, Hong Kong Dollar, Hungarian Forint, Mexican Peso, New Zealand Dollar, Norwegian Kroner,, Polish Zloty, Singapore Dollar, South African Rand, Swedish Krona, Swiss Franc, Turkish Lire, United States Dollar

