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Commissions


Commissions
  As a leading discount online brokerage, Firstrade made it simple and affordable for investors to get into the market. Our goal as a low commission stock broker is to help you grow your portfolio without charging unnecessary stock trading fees.

Stocks Trading Fees
$6.95 Flat Rate


Options: Online Market & Limit Orders
$6.95 + $0.75 / contract



Mutual Funds
No-Transaction Fee (NTF) Funds   Free  
No-Load Funds   $9.95  
Load Funds   Free  

Fixed Income
Treasury Bills, Notes & Bonds*   Net Yield Basis  
Corporate Bonds*   Net Yield Basis  
Municipal Bonds*   Net Yield Basis  
Agency Bonds*   Net Yield Basis  
Zeros & Strips*   Net Yield Basis  
Primary Market CDs   $30  
Secondary Market CDs*   Net Yield Basis  
*Firstrade acts as principal whereby the bonds will be subject to a markup or markdown.

Broker Assisted Orders
Stocks   $26.95
Options   $26.95 + $0.75 / contract
Load Funds   No Charge
No-Load Funds   $26.95

Market Touch (Touch-Tone Phone)
Stocks   $16.95 market / limit
Options   $16.95 market / limit + $0.75 / contract




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*For stocks at or under $2.00 and trades over 5,000 shares, add 1/2 cent per share for the entire order.

†Please read the "Characteristics and Risks of Standardized Options" before you apply for option privileges. Option assignment and exercise fee is $16.95. Two-legged complex option orders are charged a single commission but contract fees are charged on each leg.

††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 $26.95. Transaction Minimums: Initial Investment - $500 / Additional Investments - $100. 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.
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