Simple Pricing

Stocks, ETFs, Mutual Funds
$
0
Per Trade
Options
$
0
Per Trade
Per Contract
Pricing

Pricing

Stocks
Commission
$0
ETFs
Commission
$0
Options
Commission
$0
Contract Fee
$0
Exercise and Assignment Fees
$0
Mutual Funds
Load Funds
Free
No-Load Funds
Free
No Transaction Fee (NTF) Funds
Free
Fixed Income
Treasury Bills, Notes & Bonds
Net Yield Basis
Municipal Bonds
Net Yield Basis
Agency Bonds
Net Yield Basis
Zeros & Strips
Net Yield Basis
Primary Market CDs
$30
Secondary Market CDs
Net Yield Basis
Net Yield Basis means Firstrade acts as principal whereby the bonds will be subject to a markup or markdown.
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  • Straightforward pricing
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Fees of Broker-Assisted Orders: Stocks/ETFs - $19.95; Options - $19.95+$0.50/contract; Load Funds - No Charge; No-Load Funds - $19.95.
Please read the Characteristics and Risks of Standardized Options before you apply for option privileges.
A Short Term Redemption Fee of $19.95 will be applied to redemptions of mutual fund shares held less than 90 days. Broker-Assisted redemptions will incur a charge of $19.95. Redemptions of less than $500 will incur a $19.95 fee, unless the entire value of that fund is less than $500. For mutual funds transferred to Firstrade, the 90 day holding period will begin when the account transfer process is complete.
Certain regulators impose transaction fees to cover their costs of regulating the brokerage industry. The fees are passed through to customers as part of normal transaction processing. These fees will appear as a line item on your trade confirmation as “FEES” or “TRANS FEE” or “OPTION FEE” depending on your transaction.
Short Borrow Fee
Short Borrow Fee may be assessed on any day from the settlement date of the short-sell, up to and including the settlement date of the buy-cover; the rate varies and depends on factors including but not limited to market supply/demand.
SEC FEE
Under Section 31 of the Securities Exchange Act of 1934, U.S. national securities exchanges are obligated to pay transaction fees to the SEC based on the volume of securities that are sold on their markets. Exchange rules require their broker-dealer members to pay a share of these fees who, in turn, pass the responsibility of paying the fees to their customers. Only applies to sell transactions and appears on the trade confirmation as: “FEES”. More Information
As of May 22, 2024, the SEC Fee rate is $27.80 for every $1,000,000 in sale proceeds.
Options Regulatory Fee (ORF)
This fee is a customer pass-through exchange fee for all options trades, both buys and sells. It is collected by The Options Clearing Corp on behalf of the U.S. options exchanges regardless of the exchange on which the transaction takes place. Applies to both buys and sells and appears on the trade confirmation as “OPTION FEE”.
As of September 3, 2024, the aggregate rate is $0.02815 per contract.