Due to recent market volatility, we are experiencing an increase in customer inquiries. For faster assistance, please visit our FAQ page to find answers to the most commonly asked questions. We appreciate your patience.

Broker Comparison

See how Firstrade compares with other online broker
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 $65.00 $195.00 $325.00
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 Firstrade Logo 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)
$19.95
(+$0.65/contract)
Minimum Initial Deposit $0 $0 $500 $0 $0

Pricing for competitors were obtained from their published web sites on October 7, 2019. 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.