Trading
Text Resize

ADVANCED ORDER TYPES

The key to an effective portfolio is to manage your order entry, to buy and sell at the right time and to leverage positions and market movement. Conditional orders allow you this flexibility and opportunity.

Completely Control Conditional Orders

Creating automatic sell and buy instructions that can allow your portfolio to automatically submit orders at your discretionary requirements without you having to watch the market all day.

Create Detailed Trailing Stops

Not all conditional orders are based on a set price at which to sell---some investors want to sell their positions when they show indications of being over or undervalued by the market. Trailing stops allow you to set the criteria for your trailing stops easily and effectively.

Utilize Complex Option Strategies

Options aren't always about simple puts and calls. Sometimes, complex options are used as an investment strategy. Firstrade makes it easy for investors to create Spreads and Straddles.


IRA Express
Live Chat

Want to speak with someone regarding basic questions in real-time? Try our interactive live chat service. One of our representatives can provide assistance with your inquiries. Go

X-Stream Watchlist

Customizable streaming quotes and charts help you track of your investments in real-time. Free for all Firstrade accounts. Go

Brokerage Products and Services offered by Firstrade Securities, Inc. - Member FINRA and SIPC.

Online trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, and other factors. An investor should understand these and additional risks before trading. Carefully consider the investment objectives, risks, charges and expenses before investing. All investments involve risk and losses may exceed the principal invested. Past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Firstrade is a discount broker that provides self-directed investors with brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice.

Options trading involves risk and is not suitable for all investors. Options trading privileges are subject to Firstrade review and approval. Please review the Characteristics and Risks of Standardized Options brochure before you begin trading options.

Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund or ETF carefully before investing. Leveraged and Inverse ETFs may not be suitable for long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. A mutual fund or ETF prospectus contains this and other information and can be obtained by emailing service@firstrade.com.

Margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. The Margin Disclosure Statement and Agreement (PDF) is available for download, and contains information on our lending policies, interest charges, and the risks associated with margin accounts.

*Online market and limit stock trades are $6.95 for stocks priced $1 and above. Add $0.005 per share on the entire order for stocks priced less than $1.00. Online option trades are $6.95 plus 75 cents per option contract. See our Pricing page for detailed pricing of all security types offered at Firstrade.

Any specific securities, or types of securities, used as examples are for demonstration purposes only. None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security.

System response and access times may vary due to market conditions, system performance, and other factors.

©2012 Firstrade Securities Inc. All rights reserved. Member FINRA/SIPC.