Fidelity is not scam
The reason: Fidelity is considered reliable as it is regulated by the top-tier US regulator, called SEC.
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Other factors ensuring that Fidelity is not a scam
See whether Fidelity clients are entitled to investor protection in the event that Fidelity goes bankrupt:
| Fidelity investor protection | |
|---|---|
| Investor protection amount: | $500,000 (securities up to $500,000, cash up to $250,000) |
There are other factors you can check to make sure Fidelity is not a scam. Having been on the market for a long time or being listed on an exchange are all signs that the broker is reliable. Check these factors below.
| 🌎 Country of origin | USA |
| 📅 Foundation date | 1,946 |
| 🏛 Banking background | No |
| 📈 Listed on exchange | No |
| 🗺️ Broker ownership is transparent | Yes |
| 👔 Broker management is transparent | Yes |
| 📋 Read more | Check out the Fidelity review for 2023 |
Is Fidelity scam?
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