Enjoy the simplicity of consolidating your accounts

Take advantage of the benefits of placing all your investment accounts in Firstrade:
Convenience, integrated asset management and avoidance of duplicate or higher fees.

LIMITED-TIME PROMOTION

Make a full account transfer from another broker or
open a new account at Firstrade to take advantage of this special promotion

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Promotion Details
1. Free Trade & Cash Rewards Promotion

This offer only applies to the following:

1) Customers who open a new Firstrade individual, joint investment accounts or IRA (Rollover IRA, Traditional IRA, Roth IRA, SEP-IRA, Simple IRA, ESA Education Planning) accounts, excluding Partnerships, Corporate, Investment Clubs and Custodial Accounts. You must use promo code CASH2017 when opening the account. Offer valid from 09/19/2017 to 12/31/2017.

2) Existing customers who complete a full account transfer (ACATS transfer only) from another brokerage firm to the existing account. Offer valid from 09/19/2017 to 12/31/2017.

OPEN A NEW FIRSTRADE ACCOUNT OR TRANSFER TO YOUR EXISTING ACCOUNT
REWARDS REQUIREMENTS
500 free trades Fund* or complete a full account transfer for $2,000 or more within 30 days of account opening. Complete a full account transfer for $50,000 or more.
$100 + 500 free trades Fund* or complete a full account transfer for $25,000 or more within 30 days of account opening. Complete a full account transfer for $100,000 or more.
$200 + 500 free trades Fund* or complete a full account transfer $50,000 or more within 30 days of account opening. Complete a full account transfer for $250,000 or more.
$300 + 500 free trades Fund* or complete a full account transfer $100,000 or more within 30 days of account opening. Complete a full account transfer for $500,000 or more.

*Initial funding only.

500 Free Commission Trades consist of a maximum value of $2.95 per online equity trade of stock/ETF priced at $1.00 or higher. Option contract charges, along with exercise and assignment fees still apply. Free Commission Trades are applied to your account one business day after the funding date and are valid for 60 days. The Cash Rewards will be credited to the account within 7 business days after the funding date.

This offer is not transferable and not valid with internal transfers, current Firstrade accounts, or with other offers. Limit one offer per account type. The account must remain open for 12 months with the minimum funding or assets required for participating in the offer, or Firstrade may charge the account for the cash and commission credits awarded to the account. Firstrade reserves the right to restrict or revoke this offer at any time. Original shareholders depositing share certificates do not qualify. Void where prohibited.

Trades executed in multiple lots on the same day are charged a single commission. Trades partially executed over multiple trading days are subject to commission charges for each trading day.

All investments involve risk, including loss of principal invested. Past performance of a security does not guarantee future results or success. Market volatility, volume and system availability may delay account access and trade executions. Options involve risk and are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading privileges are subject to Firstrade's review and approval. Please read Characteristics and Risks of Standardized Options before investing in options.

This is not an offer or solicitation in any jurisdiction where Firstrade is not authorized to conduct securities transactions.

2. Account Transfer Fee Rebate

Firstrade will rebate the account transfer fee (ACATS only) up to $200 charged by another brokerage firm when completing a Full Account Transfer for $2500 or more (excluding mutual funds & fixed income products). The rebate will be based solely on the actual transfer fee charged by the firm you are transferring from. To receive transfer rebate, please submit (upload, fax or email) a copy of your most recent statement from your previous broker with evidence of transfer charge. Submissions must be received within 60 days of transfer date. Credit will be deposited to your account within 30 days of receipt of evidence of charge. This offer applies to Firstrade regular investment accounts and IRAs (Traditional IRA, Roth IRA, and Rollover IRA), excluding Partnership, Corporate, Investment Club, ESA Education Planning Account, and Custodial Accounts. The account must remain open for 12 months with the minimum funding or assets required for participating in the offer — if your account assets fall below $2,500 due to withdrawals or outgoing transfers, Firstrade may reverse the transfer rebate at the time of withdrawal. Offer valid from 01/09/2017 to 12/31/2017.

Firstrade reserves the right at its sole discretion to terminate this offer without prior notice. This is not an offer or solicitation in any jurisdiction where Firstrade is not authorized to conduct securities transactions.

Transfer FAQs

  1. What should I do before transferring my account to Firstrade?

    You must have an existing account before you initiate a transfer. If you are a new customer, please enter your transfer request 1 business day after opening your account.

  2. During the transfer period, what should I pay attention to? How long does the transfer process usually take?

    The transfer process normally takes 3-4 business days to complete from the time we receive your online request. During this period, your original brokerage account may still show your stock positions. If you place any trades during this period, it may delay your account transfer.

  3. Do I need to pay any fees to transfer my account?

    Firstrade does not charge any fees for incoming transfers. If your existing brokerage firm charges you an account transfer fee, you may avail of our Transfer Rebate offer* .

  4. If my existing brokerage firm is not ACATs eligible, what should I do?

    If you are transferring from a brokerage firm that is not ACATs (Automated Customer Account Transfer Service) eligible, please click here to submit your request manually.

Broker Comparison

Commissions Firstrade TD Ameritrade E*Trade Scottrade Charles Schwab Fidelity
Online Stock Orders $2.95/Trade $6.95/Trade $6.95/Trade $6.95/Trade $4.95/Trade $4.95/Trade
Online Option Orders $2.95
+ $0.50/Contract
$6.95 +
$0.75/Contract
$6.95 +
$0.75/Contract
$6.95 +
$0.70/Contract
$4.95 +
$0.65/Contract
$4.95 +
$0.65/Contract
Online Mutual Fund Trades
(Transaction Fee Funds)
$9.95 $49.99 $19.99 $17.00 $25.00 $49.95
Broker-assisted Stock
& Options Trades
$19.95/Trade
(+option contract charges)
$44.99/Trade
(+option contract
charges)
$25/Trade
(+option contract charges)
$32.00/Trade
(+option contract charges)
$25.00/Trade
(+option contract charges)
$19.95/Trade
(+option contract charges)
Minimum Initial Deposit $0 $0 $500 $2,500 $1,000 $2,500

* Pricing for competitors are obtained from published official web sites. 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 the latest fee schedule.