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text-ft-slate sm:px-4 md:px-6 lg:px-8 xl:px-14 outline-0 text-ft-blue border-b border-solid border-ft-blue" href="/trading/pricing">Pricing</a><a class="text-sm h-14 px-1.5 flex items-center justify-center font-futura font-semibold sm:text-lg text-ft-slate sm:px-4 md:px-6 lg:px-8 xl:px-14 outline-0" href="/trading/pricing/margin-rates">Margin Rates</a><a class="text-sm h-14 px-1.5 flex items-center justify-center font-futura font-semibold sm:text-lg text-ft-slate sm:px-4 md:px-6 lg:px-8 xl:px-14 outline-0" href="/trading/pricing/special-services">Special Services</a><a class="text-sm h-14 px-1.5 flex items-center justify-center font-futura font-semibold sm:text-lg text-ft-slate sm:px-4 md:px-6 lg:px-8 xl:px-14 outline-0" href="/trading/pricing/broker-comparison">Broker Comparison</a></nav></div></div></div><div class="bg-white py-11"><div class="container grid grid-cols-12 xl:gap-x-16"><div class="col-span-12 grid grid-cols-1 gap-8 xl:col-span-9"><div><h2 class="font-futura text-ft-blue border-grayish-blue border-b-[3px] pb-4 text-2xl xl:text-3xl">Pricing</h2><div class="grid-rows-14 mb-4 grid grid-cols-12"><div class="py-3 flex items-center border-grayish-blue border-b border-solid pr-2 col-span-3 font-bold text-lg">Stocks</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pr-4 col-span-5 text-base">Commission</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pl-4 col-span-4 font-bold text-lg">$0</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pr-2 col-span-3 font-bold text-lg">ETFs</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pr-4 col-span-5 text-base">Commission</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pl-4 col-span-4 font-bold text-lg">$0</div><div class="py-3 flex items-center pr-2 col-span-3 font-bold text-lg">Options</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pr-4 col-span-5 text-base">Commission</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pl-4 col-span-4 font-bold text-lg">$0</div><div class="py-3 flex items-center pr-2 col-span-3 font-bold text-lg"></div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pr-4 col-span-5 text-base">Contract Fee</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pl-4 col-span-4 font-bold text-lg">$0</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pr-2 col-span-3 font-bold text-lg"></div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pr-4 col-span-5 text-base">Exercise and Assignment Fees</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pl-4 col-span-4 font-bold text-lg">$0</div><div class="py-3 flex items-center pr-2 col-span-3 font-bold text-lg">Mutual Funds</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pr-4 col-span-5 text-base">Load Funds</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pl-4 col-span-4 text-base">Free</div><div class="py-3 flex items-center pr-2 col-span-3 font-bold text-lg"></div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pr-4 col-span-5 text-base">No-Load Funds</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pl-4 col-span-4 text-base">Free</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pr-2 col-span-3 font-bold text-lg"></div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pr-4 col-span-5 text-base">No Transaction Fee (NTF) Funds</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pl-4 col-span-4 text-base">Free</div><div class="py-3 flex items-center pr-2 col-span-3 font-bold text-lg">
1Fixed Income</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pr-4 col-span-5 text-base">Treasury Bills, Notes & Bonds</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pl-4 col-span-4 text-base">Net Yield Basis</div><div class="py-3 flex items-center pr-2 col-span-3 font-bold text-lg"></div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pr-4 col-span-5 text-base">Municipal Bonds</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pl-4 col-span-4 text-base">Net Yield Basis</div><div class="py-3 flex items-center pr-2 col-span-3 font-bold text-lg"></div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pr-4 col-span-5 text-base">Agency Bonds</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pl-4 col-span-4 text-base">Net Yield Basis</div><div class="py-3 flex items-center pr-2 col-span-3 font-bold text-lg"></div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pr-4 col-span-5 text-base">Zeros & Strips</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pl-4 col-span-4 text-base">Net Yield Basis</div><div class="py-3 flex items-center pr-2 col-span-3 font-bold text-lg"></div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pr-4 col-span-5 text-base">Primary Market CDs</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pl-4 col-span-4 text-base">$30</div><div class="py-3 flex items-center pr-2 col-span-3 font-bold text-lg"></div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pr-4 col-span-5 text-base">Secondary Market CDs</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid pl-4 col-span-4 text-base">Net Yield Basis</div><div class="py-3 flex items-center border-grayish-blue border-b border-solid col-span-12 text-sm">Net Yield Basis means Firstrade acts as principal whereby the bonds will be subject to a markup or markdown.</div></div></div><div class="xl:hidden"><div class="flex w-full flex-col gap-5"><div class="bg-grey-smoke rounded-lg p-7"><div class="font-futura mb-4 text-lg font-semibold">The Firstrade Difference</div><ul class="mb-4 list-inside list-disc text-base"><li>Straightforward pricing</li><li>Mobile Apps</li><li>Comprehensive Research</li></ul><a class="font-bold" href="/trading/pricing/broker-comparison">How we compare to others</a></div><div class="bg-grey-smoke rounded-lg p-7"><div class="font-futura mb-4 text-lg font-semibold">Need Help?</div><div class="flex flex-col gap-4"><div class="flex flex-row items-center gap-6"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span 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1<img alt="email" srcSet="/images/shared/icon-email.svg 1x, /images/shared/icon-email.svg 2x" src="/images/shared/icon-email.svg" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" loading="lazy"/></noscript></span><a class="font-bold" href="/support/contact/email">Email Us</a></div><div class="flex flex-row items-center gap-6"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2730%27%20height=%2730%27/%3e"/></span><img alt="phone" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="phone" srcSet="/images/shared/icon-phone.svg 1x, /images/shared/icon-phone.svg 2x" src="/images/shared/icon-phone.svg" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" loading="lazy"/></noscript></span><div><a aria-label="1.800.869.8800 " class="font-bold" href="tel:+18008698800">Call 1.800.869.8800 </a><div class="text-sm">M-F, 8am-6pm EST</div></div></div></div></div></div></div><div><div class="text-dark-grayish-blue text-xs pb-2">Fees of Broker-Assisted Orders: Stocks/ETFs - $19.95; Options - $19.95+$0.50/contract; Load Funds - No Charge; No-Load Funds - $19.95.</div><div class="text-dark-grayish-blue text-xs pb-2">Please read the <a aria-label="Characteristics and Risks of Standardized Options" href="https://www.theocc.com/Company-Information/Documents-and-Archives/Options-Disclosure-Document" rel="noopener noreferrer" target="_blank" class="text-vivid-blue">Characteristics and Risks of Standardized Options</a> before you apply for option privileges.</div><div class="text-dark-grayish-blue text-xs pb-2">A Short Term Redemption Fee of $19.95 will be applied to redemptions of mutual fund shares held less than 90 days. Broker-Assisted redemptions will incur a charge of $19.95. Redemptions of less than $500 will incur a $19.95 fee, unless the entire value of that fund is less than $500. For mutual funds transferred to Firstrade, the 90 day holding period will begin when the account transfer process is complete.</div><div class="text-dark-grayish-blue text-xs pb-2">Certain regulators impose transaction fees to cover their costs of regulating the brokerage industry. The fees are passed through to customers as part of normal transaction processing. These fees will appear as a line item on your trade confirmation as âFEESâ or âTRANS FEEâ or âOPTION FEEâ depending on your transaction.</div><div><div class="text-dark-grayish-blue text-xs font-bold">Short Borrow Fee</div><div class="text-dark-grayish-blue text-xs pb-2">Short Borrow Fee may be assessed on any day from the settlement date of the short-sell, up to and including the settlement date of the buy-cover; the rate varies and depends on factors including but not limited to market supply/demand.</div></div><div><div class="text-dark-grayish-blue text-xs font-bold">SEC FEE</div><div class="text-dark-grayish-blue text-xs pb-2">Under Section 31 of the Securities Exchange Act of 1934, U.S. national securities exchanges are obligated to pay transaction fees to the SEC based on the volume of securities that are sold on their markets. Exchange rules require their broker-dealer members to pay a share of these fees who, in turn, pass the responsibility of paying the fees to their customers. Only applies to sell transactions and appears on the trade confirmation as: âFEESâ. <a aria-label="More Information" href="https://www.investor.gov/introduction-investing/investing-basics/glossary/filing-and-registration-fees" rel="noopener noreferrer" target="_blank" class="text-vivid-blue">More Information</a></div></div><div class="text-dark-grayish-blue text-xs pb-2">As of April 6, 2026, the SEC Fee rate is $0.00002060 or $20.60 per million dollars for eligible sell transactions.</div><div><div class="text-dark-grayish-blue text-xs font-bold"><a aria-label="Options Regulatory Fee (ORF)" href="https://help.firstrade.info/en/articles/9264069" rel="noopener noreferrer" target="_blank" class="text-vivid-blue">Options Regulatory Fee (ORF)</a></div><div class="text-dark-grayish-blue text-xs pb-2">
1The Options Regulatory Fee (ORF) is assessed by U.S. options exchanges to fund their regulatory programs. Effective July 1, 2026, exchanges assess ORF only on transactions executed on their respective venue. This applies to both buys and sells.</div></div><div class="text-dark-grayish-blue text-xs pb-2">Apex Clearing assesses the ORF on your options transactions. Effective July 1, 2026, the rate is $0.02 per contract, and it appears on your trade confirmation as "TRAN FEE".</div></div></div><div class="hidden xl:col-span-3 xl:block"><div class="flex w-full flex-col gap-5"><div class="bg-grey-smoke rounded-lg p-7"><div class="font-futura mb-4 text-lg font-semibold">The Firstrade Difference</div><ul class="mb-4 list-inside list-disc text-base"><li>Straightforward pricing</li><li>Mobile Apps</li><li>Comprehensive Research</li></ul><a class="font-bold" href="/trading/pricing/broker-comparison">How we compare to others</a></div><div class="bg-grey-smoke rounded-lg p-7"><div class="font-futura mb-4 text-lg font-semibold">Need Help?</div><div class="flex flex-col gap-4"><div class="flex flex-row items-center gap-6"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2730%27%20height=%2730%27/%3e"/></span><img alt="help" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="help" srcSet="/images/icon_help.svg 1x, /images/icon_help.svg 2x" src="/images/icon_help.svg" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" loading="lazy"/></noscript></span><a href="https://help.firstrade.info/en/" target="_blank" rel="noopener noreferrer" class="text-strong-blue cursor-pointer font-bold">Help Center</a></div><div class="flex flex-row items-center gap-6"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2730%27%20height=%2730%27/%3e"/></span><img alt="email" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="email" srcSet="/images/shared/icon-email.svg 1x, /images/shared/icon-email.svg 2x" src="/images/shared/icon-email.svg" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" loading="lazy"/></noscript></span><a class="font-bold" href="/support/contact/email">Email Us</a></div><div class="flex flex-row items-center gap-6"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2730%27%20height=%2730%27/%3e"/></span><img alt="phone" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript>
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1-directed Trading Account Risk Disclosure" href="https://d4l0yihtmj3iw.cloudfront.net/forms/en-us/self_trading_risk_disclosure.pdf?token=MjAyMy0wNy0xOCAxNTozMDowMA%3D%3D" target="_blank" rel="noopener noreferrer" class="text-strong-blue hover:text-ft-blue active:text-ft-blue">Self-directed Trading Account Risk Disclosure</a>. Before trading outside of regular market hours, an investor should review <a aria-label="Extended Hours Trading Disclosure" href="https://d4l0yihtmj3iw.cloudfront.net/forms/en-us/after_hours_agreement.pdf?token=MjAyNC0xMi0xNyAxMzoyODowMA%3D%3D" target="_blank" rel="noopener noreferrer" class="text-strong-blue hover:text-ft-blue active:text-ft-blue">Extended Hours Trading Disclosure</a> and be aware of unique risks involved including lower liquidity, heightened volatility, wider spreads and pricing uncertainty. All investments involve risk and losses may exceed the principal invested. Past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Firstrade is a discount broker that provides self-directed investors with brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice.</p><p class="mb-4 text-xs text-ft-slate">Options trading involves risk and is not suitable for all investors. Options trading privileges are subject to Firstrade review and approval. Please review the <a aria-label="Characteristics and Risks of Standardized Options" href="https://www.theocc.com/about/publications/character-risks.jsp" target="_blank" rel="noopener noreferrer" class="text-strong-blue hover:text-ft-blue active:text-ft-blue">Characteristics and Risks of Standardized Options</a> brochure before you begin trading options.</p><p class="mb-4 text-xs text-ft-slate">ETF trading involves risks. Before investing in an ETF, be sure to carefully consider the fund's objectives, risks, charges, and expenses. Please read the prospectus carefully before investing. Leveraged and Inverse ETFs may not be suitable for long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. <
1a class="text-strong-blue hover:text-ft-blue active:text-ft-blue" href="/trading/etfs#etf-disclaimer">ETF Information and Disclosure</a>.</p><p class="mb-4 text-xs text-ft-slate">Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund or ETF carefully before investing. Leveraged and Inverse ETFs may not be suitable for long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. A mutual fund or ETF prospectus contains this and other information and can be obtained by emailing <a aria-label="[email protected]" href="mailto:[email protected]" class="text-strong-blue hover:text-ft-blue active:text-ft-blue">[email protected]</a>.</p><p class="mb-4 text-xs text-ft-slate">Margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. Before using margin, customers must determine whether this type of trading strategy is right for them given their specific investment objectives, experience, risk tolerance, and financial situation. For more information please see <a aria-label="Margin Disclosure" target="_blank" rel="noopener noreferrer" href="https://www.firstrade.com/forms/en-us/margin_disclosure.pdf?v=20230127" class="text-strong-blue hover:text-ft-blue active:text-ft-blue">Margin Disclosure Statement</a>, <a aria-label="Margin Agreement" target="_blank" rel="noopener noreferrer" href="https://www.firstrade.com/forms/en-us/margin_application.pdf?v=20230131" class="text-strong-blue hover:text-ft-blue active:text-ft-blue">Margin Agreement</a>, and <a aria-label="FINRA Investor Information" target="_blank" rel="noopener noreferrer" href="https://www.finra.org/investors/investing" class="text-strong-blue hover:text-ft-blue active:text-ft-blue">FINRA Investor Information</a>. These disclosures contain information on our lending policies, interest charges, and the risks associated with margin accounts.</p><p class="mb-4 text-xs text-ft-slate">Online trades are $0 for stocks, ETFs, options and mutual funds. See our <a aria-label="Pricing" class="text-strong-blue hover:text-ft-blue active:text-ft-blue" href="/trading/pricing">Pricing</a> page for detailed pricing of all security types offered at Firstrade. All prices listed are subject to change without notice.</p><p class="mb-4 text-xs text-ft-slate">Any specific securities, or types of securities, used as examples are for demonstration purposes only. None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security.</p><p class="mb-4 text-xs text-ft-slate">This is not an offer or solicitation in any jurisdiction where Firstrade is not authorized to conduct securities transaction.</p><p class="mb-4 text-xs text-ft-slate">System response and access times may vary due to market conditions, system performance, and other factors.</p><p class="mb-4 text-xs text-ft-slate">© 2026 Firstrade Securities Inc. All rights reserved. Member <a aria-label="FINRA" target="_blank" rel="noopener noreferrer" href="https://www.finra.org/#/">FINRA</a>/<a aria-label="SIPC" target="_blank" rel="noopener noreferrer" href="https://www.sipc.org/">SIPC</a>.</p></div></div></footer></div></div>
1<script id="__NEXT_DATA__" type="application/json">{"props":{"pageProps":{"__lang":"en-US","__namespaces":{"common":{"home":"Home","header":{"account_types":"Account Types","accounts":"Accounts","Blog":"Blog","Business Planning":"Business Planning","Cash Management":"Cash Management","choose_language":"Choose Language","Contact Us":"Contact Us","Dividend Reinvestment":"Dividend Reinvestment","Education Center":"Education Center","Education Planning":"Education Planning","ETFs":"ETFs","Extended Hours":"Extended Hours","Overnight Trading":"Overnight Trading","Find Forms":"Find Forms","Fixed Income":"Fixed Income","Fractional Shares":"Fractional Shares","Fund Your Account":"Fund Your Account","get_answers":"Get Answers","get_started":"Get started","Help Center":"Help Center","Brokerage":"Brokerage","International":"International","login":"Log In","learn_more":"Learn more","Margin Guide":"Margin Guide","Margin Loans":"Margin Loans","Markets \u0026 News":"Markets \u0026 News","Mutual Funds":"Mutual Funds","open_account":"Open Account","Options":"Options","Options Guide":"Options Guide","Options Wizard":"Options Wizard","Overview":"Overview","Pricing":"Pricing","pricing_desc":"$0 Commission Trades,\u003cbr/\u003e$0 Options Contract Fees.","products":"Products","Research":"Research","switch_to_firstrade":"\u003cb\u003eSwitch to Firstrade, \u003cbr/\u003e Get up to $250\u003c/b\u003e \u003cbr/\u003e in account transfer fee rebates when you switch to Firstrade and fund your account.","research\u0026tools":"Research \u0026 Tools","resources":"Resources","Retirement":"Retirement","Limited-Time Offer":"Limited-Time Offer","Securities Lending":"Securities Lending","services":"Services","Stocks":"Stocks","support":"Support","1-Click Transfer":"1-Click Transfer","IRA 3% Match":"IRA 3% Match","All Promotions":"All Promotions","Tax Center":"Tax Center","trading":"Trading","Mobile Trading":"Mobile Trading","Upcoming IPOs":"Upcoming IPOs","Videos":"Videos","view_pricing":"View pricing","Webinars":"Webinars","Awards \u0026 Recognitions":"Awards \u0026 Recognitions","Wire Fee Rebate":"Wire Fee Rebate","open_main_menu":"Open main menu","close_menu":"Close menu","Languages":"Languages","Security Center":"Security Center","promotions":"Promotions","FirstradeGPT":"FirstradeGPT","BETA":"BETA"},"footer":{"need_help":"Need Help?","toll_free":"U.S. Toll Free","overseas":"Outside the US","domestic":"Domestic","email_us":"Email Us","China_special_line":"China Special Line","Disclosures":{"content":"\u003cp\u003eBrokerage Products and Services offered by Firstrade Securities Inc.\u003c/p\u003e\u003cp\u003eReview Firstrade's brokerage services with \u003cFINRABrokerCheck/\u003e.\u003c/p\u003e\u003cp\u003eOnline trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, and other factors. Before investing, an investor should understand these, and carefully consider the investment objectives, risks, charges, expenses, as well as reviewing the \u003cRiskDisclosure\u003eSelf-directed Trading Account Risk Disclosure\u003c/RiskDisclosure\u003e. Before trading outside of regular market hours, an investor should review \u003cExtendedHours\u003eExtended Hours Trading Disclosure\u003c/ExtendedHours\u003e and be aware of unique risks involved including lower liquidity, heightened volatility, wider spreads and pricing uncertainty. All investments involve risk and losses may exceed the principal invested. Past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Firstrade is a discount broker that provides self-directed investors with brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice.\u003c/p\u003e\u003cp\u003eOptions trading involves risk and is not suitable for all investors. Options trading privileges are subject to Firstrade review and approval. Please review the \u003cCharacterRisks\u003eCharacteristics and Risks of Standardized Options\u003c/CharacterRisks\u003e brochure before you begin trading options.\u003c/p\u003e\u003cp\u003eETF trading involves risks. Before investing in an ETF, be sure to carefully consider the fund's objectives, risks, charges, and expenses. Please read the prospectus carefully before investing. Leveraged and Inverse ETFs may not be suitable for long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. \u003cETFDisclaimer\u003eETF Information and Disclosure\u003c/ETFDisclaimer\u003e.\u003c/p\u003e\u003cp\u003eInvestors should consider the investment objectives, risks, and charges and expenses of a mutual fund or ETF carefully before investing. Leveraged and Inverse ETFs may not be suitable for long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. A mutual fund or ETF prospectus contains this and other information and can be obtained by emailing \u003cServiceEmail/\u003e.\u003c/p\u003e\u003cp\u003eMargin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. Before using margin, customers must determine whether this type of trading strategy is right for them given their specific investment objectives, experience, risk tolerance, and financial situation. For more information please see \u003cMarginDisclosure\u003eMargin Disclosure Statement\u003c/MarginDisclosure\u003e, \u003cMarginAgreement\u003eMargin Agreement\u003c/MarginAgreement\u003e, and \u003cFINRAInvesting\u003eFINRA Investor Information\u003c/FINRAInvesting\u003e. 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None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security.\u003c/p\u003e\u003cp\u003eThis is not an offer or solicitation in any jurisdiction where Firstrade is not authorized to conduct securities transaction.\u003c/p\u003e\u003cp\u003eSystem response and access times may vary due to market conditions, system performance, and other factors.\u003c/p\u003e","character-risks":"Characteristics and Risks of Standardized Options","options-disclosure-supplement":"Options Disclosure Supplement","margin-disclosure":"Margin Disclosure","margin-agreement":"Margin Agreement","finra-investor-information":"FINRA Investor Information","pricing":"Pricing","risk-disclosure":"Self-directed Trading Account Risk Disclosure","extended-hours":"Extended Hours Trading Disclosure"},"copyright":"© {{year}}
1 Firstrade Securities Inc. All rights reserved. Member \u003cFINRA/\u003e/\u003cSIPC/\u003e.","legal":"Legal","terms\u0026conditions":"Terms \u0026 Conditions","firstradegpt_terms":"FirstradeGPT Terms","privacy_policy":"Privacy Policy","security_center":"Security Center","account_protection":"Account Protection","accessibility_statement":"Accessibility Statement","disclosures":"Disclosures","business_continuity":"Business Continuity","order_routing":"Order Routing Report","Company":"Company","About":"About","Pricing":"Pricing","Awards":"Awards","Blog":"Blog","Careers":"Careers","Affiliates":"Affiliates","Press":"Press","Support":"Support","Resources":"Resources","FormCenter":"Form Center","Fund_Your_Account":"Fund Your Account","Transfer_to_Firstrade":"Transfer to Firstrade","International_Accounts":"International Accounts","Tax_Center":"Tax Center","Refer_a_Friend":"Refer a Friend","Languages":"Languages"},"languages":{"en-US":{"title":"English","shortTitle":"English"},"zh-CN":{"title":"ç®ä½ä¸æ","shortTitle":"ç®ä½"},"zh-TW":{"title":"ç¹é«ä¸æ","shortTitle":"ç¹é«"}},"Close":"Close","Apply Now":"Apply Now","Disclosures":"Disclosures","Disclosures Center":"Disclosures Center"},"error":{"This page could not be found":"This page could not be found","Bad Request":"Bad Request","Method Not Allowed":"Method Not Allowed","Internal Server Error":"Internal Server Error","general":"Something went wrong, please try again later.","general_code":"Something went wrong, please try again later. (Reference Code: {{code}})","back_to_home":"Back to Home","404_title":"404 - Page not found","404_description":"The page you are looking for may have moved or is temporarily unavailable.","500_title":"500 - Internal Server Error","500_description":"Please refresh this page or try again later."},"mobile-download":{"Scan to download":"Scan to download"},"accolades":{"kiplinger":"Best for\u003cbr/\u003eOptions Traders","stockbroker":"Best in Class\u003cbr/\u003eRange of Investments","forbes":"Best for Beginner Investors:\u003cbr/\u003eLow-Cost Trading","benzinga":"Best Brokerage\u003cbr/\u003efor Beginners"},"pricing":{"title":"Pricing - Firstrade","description":"$0 Options Contract Fees. Simple and straightforward pricing.","landing":{"header":"Simple Pricing","desc":"No Catch, No Hidden Fees.","card1_header":"Stocks, ETFs, Mutual Funds","card1_desc":"Per Trade","card2_header":"Options","card2_desc_2":"Per Contract"},"pricing_tab":{"header":"Pricing","commission":"Commission","stocks":"Stocks","etfs":"ETFs","options":"Options","contract_fee":"Contract Fee","exercise_assign":"Exercise and Assignment Fees","mutual_funds":"Mutual Funds","load_funds":"Load Funds","no_load":"No-Load Funds","free":"Free","no_transact":"No Transaction Fee (NTF) Funds","fixed_income":"Fixed Income","treasury_bills":"Treasury Bills, Notes \u0026 Bonds","net_yield":"Net Yield Basis","municipal":"Municipal Bonds","agency_bonds":"Agency Bonds","zeros":"Zeros \u0026 Strips","primary_market":"Primary Market CDs","secondary_market":"Secondary Market CDs","bottom_info":"Net Yield Basis means Firstrade acts as principal whereby the bonds will be subject to a markup or markdown.","bottom_desc_1":"Fees of Broker-Assisted Orders: Stocks/ETFs - $19.95; Options - $19.95+$0.50/contract; Load Funds - No Charge; No-Load Funds - $19.95.","bottom_desc_2":"Please read the \u003ca\u003eCharacteristics and Risks of Standardized Options\u003c/a\u003e before you apply for option privileges.","bottom_desc_3":"A Short Term Redemption Fee of $19.95 will be applied to redemptions of mutual fund shares held less than 90 days. Broker-Assisted redemptions will incur a charge of $19.95. Redemptions of less than $500 will incur a $19.95 fee, unless the entire value of that fund is less than $500. For mutual funds transferred to Firstrade, the 90 day holding period will begin when the account transfer process is complete.","bottom_desc_4":"Certain regulators impose transaction fees to cover their costs of regulating the brokerage industry. The fees are passed through to customers as part of normal transaction processing. These fees will appear as a line item on your trade confirmation as âFEESâ or âTRANS FEEâ or âOPTION FEEâ depen
1ding on your transaction.","bottom_desc_5":"Short Borrow Fee","bottom_desc_6":"Short Borrow Fee may be assessed on any day from the settlement date of the short-sell, up to and including the settlement date of the buy-cover; the rate varies and depends on factors including but not limited to market supply/demand.","bottom_desc_7":"SEC FEE","bottom_desc_8":"Under Section 31 of the Securities Exchange Act of 1934, U.S. national securities exchanges are obligated to pay transaction fees to the SEC based on the volume of securities that are sold on their markets. Exchange rules require their broker-dealer members to pay a share of these fees who, in turn, pass the responsibility of paying the fees to their customers. Only applies to sell transactions and appears on the trade confirmation as: âFEESâ. \u003ca\u003eMore Information\u003c/a\u003e","bottom_desc_9":"As of April 6, 2026, the SEC Fee rate is $0.00002060 or $20.60 per million dollars for eligible sell transactions.","bottom_desc_10":"Options Regulatory Fee (ORF)","bottom_desc_11":"The Options Regulatory Fee (ORF) is assessed by U.S. options exchanges to fund their regulatory programs. Effective July 1, 2026, exchanges assess ORF only on transactions executed on their respective venue. This applies to both buys and sells.","bottom_desc_12":"Apex Clearing assesses the ORF on your options transactions. Effective July 1, 2026, the rate is $0.02 per contract, and it appears on your trade confirmation as \"TRAN FEE\"."},"common":{"header":"The Firstrade Difference","straight":"Straightforward pricing","mobile":"Mobile Apps","comprehensive":"Comprehensive Research","how_we_compare":"How we compare to others","need_help":"Need Help?","help_center":"Help Center","email_us":"Email Us","mobile_number":"Call {{phone}}","call_time":"M-F, 8am-6pm EST"},"credit_interest":{"header":"Credit Interest","cash_balance":"Cash Balance","rate":"Rate","bottom_desc":"We reserve the right to amend our credit interest policy from time to time in response to changes in prevailing interest rates and other factors. Credit interest rates effective \u003ccreditDate/\u003e."},"fdic_insured":{"header":"FDIC Insured Deposit Rates","bottom_desc":"FDIC Insured Deposit Rates will be based on numerous factors, including the current interest rate environment, and is subject to change without notice. FDIC insured deposit rates effective \u003cfdicDate/\u003e. Please review \u003c0\u003eFDIC Sweep Program Terms \u0026 Conditions\u003c/0\u003e"}},"pricing-tabs":{"Broker Comparison":"Broker Comparison","Margin Rates":"Margin Rates","Please select":"Please select","Pricing":"Pricing","Special Services":"Special Services"}}},"__N_SSG":true},"page":"/trading/pricing","query":{},"buildId":"o9Ht5dPRyFroFts0vqBL0","isFallback":false,"gsp":true,"locale":"en-US","locales":["en-US","zh-CN","zh-TW"],"defaultLocale":"en-US","scriptLoader":[]}</script>
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