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Fidelity Active Trader Pro vs. TrackWise

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Fidelity Active Trader Pro

    Score8.8 out of 10
    N/AActive Trader Pro is Fidelity's customizable trading platform for the desktop and optimized for online trading technology. The solution offers real-time insights, visual snapshots to monitor investments, and trading tools.N/A

    TrackWise

    Score8.2 out of 10
    N/ASparta Systems headquartered in Hamilton offers TrackWise, a quality management system designed to allow the user to leverage existing investment to quickly implement a cost-effective quality management system. Also, TrackWise Digital helps users to track and manage internal, third-party, and regulatory audits.N/A
    Pricing
    Fidelity Active Trader ProTrackWise
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Fidelity Active Trader ProTrackWise
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details$0 commissions for online US stock, ETF, and option trades. Margin rates among the most competitive in the industry—as low as 4.00%. No minimums to open an account.—
    More Pricing Information
    Community Pulse
    Fidelity Active Trader ProTrackWise
    Considered Both Products
    Fidelity Investments (FMR LLC)
    No answer on this topic
    Sparta Systems
    No answer on this topic
    Key User Insights
    Would buy again
    89%
    Would buy again
    8 Answers
    No answers on this topic
    Delivers good value for the price
    100%
    Delivers good value for the price
    9 Answers
    No answers on this topic
    Happy with the feature set
    100%
    Happy with the feature set
    9 Answers
    No answers on this topic
    Lived up to sales and marketing promises
    100%
    Lived up to sales and marketing promises
    5 Answers
    No answers on this topic
    Implementation went as expected
    100%
    Implementation went as expected
    6 Answers
    No answers on this topic
    User Ratings
    Fidelity Active Trader ProTrackWise
    Likelihood to Recommend
    8.8
    (9 ratings)
    9.0
    (4 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    9.0
    (1 ratings)
    Usability
    8.8
    (4 ratings)
    9.0
    (3 ratings)
    Support Rating
    -
    (0 ratings)
    5.0
    (1 ratings)
    User Testimonials
    Fidelity Active Trader ProTrackWise
    Likelihood to Recommend
    Fidelity Investments (FMR LLC)
    Fantastic for the planning and execution of trades, as follows: (1) Offers nearly 50 market filters, including technical, social sentiment, and custom options filters, (2) supports analysis of option market sentiment with volatility and open interest statistics, as well as the day’s biggest trades, (3) functionality to trade equities, ETFs, simple and complex option strategies with extended-hours and directed trading capabilities, (4) capacity to create and save up to 50 orders and place them at the right time, (5) helps manage risk and profit potential with conditional orders, (6) allows placement of a variety of simple and complex multi-leg option orders, (7) provides ability to monitor portfolio with streaming quotes, real-time gain and loss, streaming balances, and streaming order status updates, and (8) allows creation of personalized layouts to see the market and portfolio information that’s important to you Set trade defaults, create shortcuts, and use hotkeys to quickly and efficiently navigate through the platform.
    Incentivized
    Read full review
    Sparta Systems
    We use Trackwise to record non-conformances that are reported by our clients and also the non-conformances that are found within the manufacturing floor during the manufacturing process. TrackWise is extremely easy to use and can be customized as per user needs. It is easy to create records and define child-parent relationships in the software. Users can pull customized reports and they can create dashboards as per the business demands to make sure they can track non-conformance resolution cycle time. We use TrackWise in integration with SAP which makes the system accessible to a wider user base. It is not only used to record the non-conformances, but also the part disposition details in cases where a part is supposed to be delivered from the client to us and in cases where the part is delivered to suppliers. We also use TrackWise to record the corrective actions and root cause for the reported issue. Trackwise is widely used to record Audits assessments in our organization. Trackwise is also used to report workmanship issues and to record the cycle time involved to resolve the issue and corrective actions taken to avoid the issue in the future.
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    Pros
    Fidelity Investments (FMR LLC)
    • Customizable to display information the way I want to see it.
    • Clean, straightforward interface to let me quickly access information from cursory overview to detailed tax information.
    • Equipped with good security measures.
    • Very user friendly.
    • The software has some nice features, including watch lists, market news, alerts, and real-time balances. The program also displays tax-lot information in real-time. There are advanced options tools as well. Active Trader Pro is able to submit up to 20 orders at once using a multi-order ticket.
    • Active Trader Pro has many available features. Alerts can be set, watch lists can be created, and market news can be followed. Balances are shown in real-time. Each of these elements can be assigned to its own window. Tax-lot info can be shown in real-time as well. A multi-order trading ticket can submit 20 orders at once. Up to 50 orders can be built and saved.
    Incentivized
    Read full review
    Sparta Systems
    • Tracking System
    • Search Function
    Incentivized
    Read full review
    Cons
    Fidelity Investments (FMR LLC)
    • Basic explanations of what the functionality is for those who do not fully understand how 401ks work
    • Explaining the difference between Roth and traditional 401Ks
    • More availability for 1:1 appointments with employees
    Incentivized
    Read full review
    Sparta Systems
    • No suggestion for improvements
    Read full review
    Likelihood to Renew
    Fidelity Investments (FMR LLC)
    No answers on this topic
    Sparta Systems
    The user experience is great and I would recommend other's to use trackwise for it's customization flexibility
    Read full review
    Usability
    Fidelity Investments (FMR LLC)
    I gave Fidelity Active Trader Pro this usability rating because, in my experience, Fidelity Active Trader Pro is Very user friendly
    Incentivized
    Read full review
    Sparta Systems
    Well TrackWise is having everything any organization wanted, as its name itself indicate Track so it will track everything you want, you can generated the adhoc summary for your change control, CAPA, deviation, OOL, OOS which will help you t be prepare to maintain a health quality management system. it will eliminate the dependency of person specific task for tracking and your system will become fully system driven.
    Incentivized
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    Support Rating
    Fidelity Investments (FMR LLC)
    No answers on this topic
    Sparta Systems
    I did not interact with the support team.
    Incentivized
    Read full review
    Alternatives Considered
    Fidelity Investments (FMR LLC)
    Highly comparable. thinkorswim was a great platform and Fidelity has achieved competing against it. Ease of learning curve with training and the ability to configure exactly what the user wants to see is a huge plus. The customizations available are a major bonus and Fidelity's overall customer experience is a beacon in the marketplace.
    Incentivized
    Read full review
    Sparta Systems
    Trackwise is better than Arena. You need sign-offs before moving to the next step. While in Arena, you can complete the whole task and request sign off later. Not sure which is better for everyone, but I prefer to sign off before moving to the next step.
    Incentivized
    Read full review
    Return on Investment
    Fidelity Investments (FMR LLC)
    • It shows our workforce we are choosing vendors that are adapting to the modern age.
    • It helps us solve a technological gap related to the workforce that does not have access to desktops or laptops.
    Incentivized
    Read full review
    Sparta Systems
    • More visibility of Quality issues
    • User friendly software
    • Easy to do multiple things at one platform
    Read full review
    ScreenShots