|
|
|
3 Second Execution Guarantee
|
|
When it comes to stock market trading, we know that every second counts. If a qualifying S&P 500® equity market order takes longer than 3 seconds to execute, your next trade will be commission free. |
|
Time is money, especially when it comes to stock market trading. In order to get the price you were quoted for a trade, or one that's even better, you need one of the fastest order routing systems available. At Firstrade, our order routing system lets us distribute orders to seek best execution. With the Firstrade 3-Second Guarantee, if a qualifying S&P 500® equity market order takes longer than 3 seconds to execute your next trade will be commission free.
Eligible Orders
Qualifying orders are limited to market orders to buy, sell, or buy-to-cover stocks listed in the S&P 500 Index.
Share quantities of 100 to 500 shares on orders entered between 9:45 a.m. and 3:59 p.m. ET. If the market opens late or close early, these times will be modified accordingly.
Orders entered through Firstrade.com are eligible.
Execution speed is calculated beginning when your order is accepted by Firstrade and ending when Firstrade receives an execution report from the market center showing your order was filled or showing you received a partial fill.
The S&P 500 list of securities qualifying for this guarantee will be reviewed and updated quarterly.
Excluded Orders
Qualifying orders do not include short sales; canceled or changed orders; orders entered within 20 seconds on the same security on the same side of the market; sell orders for stocks in which the account has a short option position; extended hours orders; buy orders for stocks trading under $1; or broker assisted orders.
Market orders are day only; orders with qualifiers or conditions such as Limit, Stop, Stop Limit, Market on Close (MOC), All or None (AON), Fill or Kill (FOK), Do Not Reduce (DNR) are not eligible.
Orders entered during fast market conditions, communication outages or delays, when the stock is trading in a locked, crossed, or halted market, or orders stopped for price improvement are ineligible.
Commission-free Trades
Customers may accumulate up to 25 commission-free trades per account from this offer. Commission-free trades will be available for 6 months from the date of your failed 3-second execution and cannot be converted to cash. Other fees may apply to commission-free trades.
Firstrade Securities reserves the right to restrict or revoke this offer at any time. Nothing in this program affects, alters or revises the terms and conditions of the Customer Agreement, and the sole remedy for failure to meet the 3-Second Execution Guarantee is a free commission.
 |
|
X-Stream Watchlist
Enjoy colorful chart and streaming quotes to keep track of your investments in real-time. Free for all Firstrade accounts.
Learn More >> |
Transfer to Us for Free
Get credit for the account transfer fee charged by other brokers, and start taking advantage of our premium products
and online trading services when you transfer to Firstrade!
Learn More >> |
|
Welcome
