Broker Comparison
See how Firstrade compares with other online brokers
Unbeatable Savings on Options Contracts
| Broker | Per Contract | 10 | 100 | 300 | 500 |
|---|---|---|---|---|---|
| Firstrade | $0 | $0 | $0 | $0 | $0 |
| TD Ameritrade | $0.65 | $6.50 | $65.00 | $195.00 | $325.00 |
| E*Trade | $0.65 | $6.50 | $50.00 | $150.00 | $250.00 |
| Charles Schwab | $0.65 | $6.50 | $65.00 | $195.00 | $325.00 |
| Fidelity | $0.65 | $6.50 | $65.00 | $195.00 | $325.00 |
| Merrill Edge | $0.65 | $6.50 | $65.00 | $195.00 | $325.00 |
$0 Commissions for More Investment Products
| Commissions |  |
TD Ameritrade | E*Trade | Charles Schwab | Fidelity |
|---|---|---|---|---|---|
| Online Stock Orders | $0 | $0 | $0 | $0 | $0 |
| Online Option Orders | $0 | $0 + $0.65/Contract | $0 + $0.65/Contract | $0 + $0.65/Contract | $0 + $0.65/Contract |
| Online Mutual Fund Trades | $0 | $49.99 | $49.99 | $49.95 | $49.95 |
| Broker-assisted Stock & Options Trades |
$19.95 (+$0.50/contract) |
$25 (+$0.65/contract) |
$25 (+$0.65/contract) |
$25 (+$0.65/contract) |
$32.95 (+$0.65/contract) |
| Minimum Initial Deposit | $0 | $0 | $0 | $0 | $0 |
Pricing for competitors were obtained from their published web sites on August 7, 2022. Some brokers may lower the fees listed above if certain balance or activity requirements are met. The competitor fees are believed to be accurate, but may be subject to change. Please contact each individual firm to confirm their latest fee schedules.