Enjoy the simplicity of consolidating your accounts

There are clear benefits to placing your investment accounts in Firstrade:
Aside from convenience, integrated asset management and avoidance of duplicate or higher fees, Firstrade offers a full suite of investment products, access to independent 3rd-party research, powerful trading tools and over 30 years of service.

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 Commission Promotion

This offer only applies to the following:

1) Customers (include new customers and existing customers) who open a new Firstrade individual, joint investment accounts or IRAs (Traditional IRA, Roth IRA, and Rollover IRA), excluding Partnerships, Corporate, Investment Clubs, ESA Education Planning Accounts, and Custodial Accounts. You must use promo code FREECOMM when opening the account. Offer valid from 02/22/2017 to 08/15/2017.

2) Existing customers who complete a full account transfer from another brokerage firm to the existing account. Offer valid from 04/27/2017 to 08/15/2017.

OPEN A NEW FIRSTRADE ACCOUNT OR TRANSFER TO YOUR EXISTING ACCOUNT
REWARDS REQUIREMENTS
$100 in free trade commission Fund or complete a full account transfer within 30 days
of account opening (no minimum deposit requirement).
Complete a full account transfer for $5,000 or more.
$500 in free trade commission Fund or complete a full account transfer for $500 or more
within 30 days of account opening.
Complete a full account transfer for $25,000 or more.
$1,000 in free trade commission Fund or complete a full account transfer $5,000 or more
within 30 days of account opening.
Complete a full account transfer for $50,000 or more.

The commission credit takes one business day from the funding date to be applied and 3 business day from the transfer completion date to be applied. The commission credit covers stock/ETF (priced above $1.00) or options trade executed within 60 days of funding the new account, excluding options per contract commission, exercise and assignment fee. You will not receive cash compensation for any unused free trade commissions. An order 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.

For full account transfers, this promotion only applies to ACATS transfer.

The account must remain open with the minimum funding or assets required for participating in the offer for 12 months, or Firstrade may charge the commission credit awarded to the account.

Offer is not transferable and not valid with internal transfers. Limit one offer per account type.

These terms are effective starting Firstrade reserves the right at its sole discretion to terminate this offer without prior notice.

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.

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 08/15/2017.

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
Online Stock Orders $4.95/Trade $6.95/Trade $6.95/Trade $6.95/Trade
Online Option Orders $4.95
+ $0.65/Contract
$6.95 +
$0.75/Contract
$6.95 +
$0.75/Contract
$6.95 +
$0.70/Contract
Online Mutual Fund Trades
(Transaction Fee Funds)
$9.95 $49.99 $19.99 $17.00
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)
Minimum Initial Deposit $0 $0 $500 $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.