Simple Pricing
Stocks, ETFs, Mutual Funds
$
0
Per Trade
Options
$
0
Per Trade
Per Contract
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.
The Firstrade Difference
- Straightforward pricing
- Mobile Apps
- Comprehensive Research
Need Help?
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 February 27, 2023, the SEC Fee rate is $8.00 for every
$1,000,000 in sale proceeds.
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 August 1, 2023, the aggregate rate is $0.03005 per
contract.
The Firstrade Difference
- Straightforward pricing
- Mobile Apps
- Comprehensive Research
Need Help?