Fidelity Investments offers a referral program that allows existing customers to refer friends and family to open an account. In this blog post, we’ll provide a clear overview of how this program works and what to expect.
Fidelity Affiliate Program vs. Other Brokers
When it comes to affiliate referral programs, Fidelity differs from platforms like Robinhood and Webull. Unlike these competitors, Fidelity’s program does not offer financial incentives such as cash bonuses or free stocks for referrals.
How Fidelity’s Referral Program Works
Fidelity’s referral process is straightforward and user-friendly. Here’s a step-by-step guide:
Provide Names and Email Addresses: As an existing Fidelity customer, you can refer others by providing their names and email addresses.
Unique Invitation Link: Fidelity will then send a unique invitation link to the referred individuals.
Account Creation: Once they receive the link and create an account with Fidelity, they can start enjoying the benefits of the platform.
Fidelity Referral Bonus & Payment Details
Unfortunately, you won’t receive monetary rewards when someone creates a Fidelity account using your special invitation link. While there’s no limit to the number of referrals you can make, there are no additional perks or benefits associated with this referral program.
In Summary
Fidelity’s referral program is different from what you think. It doesn’t offer financial rewards for referrals but allows you to introduce others to the platform’s offerings. If you’re looking for referral programs that offer cash bonuses or free stocks, there may be better alternatives out there.