To qualify for ATP, traders must have the following annual household trading activity in a rolling 12-month period:
- 0-35 trades: not eligible
- 36-71 trades: eligible with Dow Jones news, real-time quotes, real-time charting, multi-trade order entry and automatically updated watch lists
- 72-119 trades: eligible for all of the above, plus static Level II quotes and streaming watch lists
- 120+ trades: eligible for all of the above, plus streaming news, streaming Level II quotes, streaming interactive charting, Time & Sales and Directed Trading with streaming quotes from top market centers.
Figure 1: Begin the installation process by clicking "Download" on Fidelity.com.
The "Download Active Trader Applications" window will appear (to access this page directly, visit www.atp.fidelity.com). Review the operating system requirements and click the "Download Active Trader Pro" button.
For Internet Explorer users, a dialog box will open asking if you would like to "Run" or "Save" the Atsetup.exe file. This is a matter of personal preference. Choose "Save" to be able to save the file in a default location, or in another location choose "Run" to download the file. If "Save" was selected, locate the file on the computer and double-click it to run the installation process. If "Run" was selected, the file will be downloaded followed by a prompt to again "Run" the software.
SEE: Beginner's Guide To Ninja Trader
Figure 2: The Fidelity ATP Installation Wizard.
The Installation Wizard will appear, as shown in Figure 2. Click "Next" to install Fidelity ATP. The Software License Agreement will then be displayed (see Figure 3). Read the Agreement, click "I accept the terms in the license agreement" and then click "Next." A new window will open with a default location where the ATP program files will be installed. To modify the location, click "Change," or click "Next" to accept the default location and continue with the installation.
Figure 3: The Fidelity ATP License Agreement. Select "I accept the terms in the license agreement" to continue with the installation.
Another window will appear that displays the default location for storing the ATP data and log directories, as shown in Figure 4. Again, to modify the location, click "Change," or click "Next" to accept the default location. Click "Install" to being the installation.
|Figure 4: Click "Change" to specify a different destination for the Data and Log Folder, or click "Next" to accept the default folder destination.|
When the installation is completed, a window will display a notification that Fidelity ATP has been successfully installed. Click "Finish" to launch the program; conversely, click to clear the Launch check box and then click "Finish" to exit the installation process. Double-click the ATP icon on the computer's desktop (or click on the icon in the Start Menu) to launch the application.
A window will appear prompting users to create an ATP Login, as shown in Figure 5. Enter the Username and Password that were used to access Fidelity.com, and then choose an ATP Login Name that will be specific to the ATP application. The ATP Login Name can be any combination of letters or numbers. The Enhanced Security section is optional; follow the directions to use this feature. Click "OK" to continue.
Figure 5: The ATP Login window.
The ATP User Agreement will appear (see Figure 6). In order to complete the login process and use the application, the "I accept all of the terms of the above agreement" box must be checked. Click "I Agree" to continue.
Figure 6: The ATP User Agreement. Check the box next to "I accept all of the terms of the above agreement" and then "I agree" to continue.
If the account is eligible for Directed Trading, the Directed Trading User Agreement will appear (see Figure 7). In order to access the directed trading functionality in ATP, the box next to "I accept all of the terms of the above agreement" must be checked. Click "I agree" to continue. The Metrics Reporting window will then appear; review the details and click "Close." Then the ATP application will open.
Figure 7: The ATP Directed Trading User Agreement.
Beginner's Guide To Fidelity's Active Trader Pro: Main Screen
InvestingLearn about the many tools Tradestation offers to active investors.