| Asset class | Details |
|---|---|
U.S. Stocks |
|
Options |
|
Mutual Funds |
|
Bonds |
|
| Order Method | Cost per Trade |
|---|---|
Online Orders |
$6.95 |
Broker-Assisted |
$26.95 |
Touch-Tone Phone |
$16.95 market / limit |
| Order Type | Cost per Trade |
|---|---|
Online |
$6.95 plus $0.75/contract |
Broker-Assisted |
$26.95 + $0.75 / contract |
Touch-Tone Phone |
$16.95 market / limit + $0.75 / contract |
| Type of Fund | Cost per Trade |
|---|---|
No-Transaction Fee (NTF) Funds |
Free |
No-Load Funds |
$9.95 |
Load Funds |
Free |
| Type of Bond | Cost per Trade |
|---|---|
Treasury Bills, Notes & Bonds |
Net Yield Basis |
Corporate Bonds |
Net Yield Basis |
Municipal Bonds |
Net Yield Basis |
Agency Bonds |
Net Yield Basis |
Minimum Balance (Cash) |
0 |
Minimum Balance (Margin) |
0 |
Minimum Balance (IRA) |
0 |
| Margin Debit Balance | Margin Rate |
|---|---|
$0 ~ $49,999 |
7.75% |
$50,000 ~ $99,999 |
7.50% |
$100,000 ~ $149,999 |
7.00% |
$150,000 ~ $249,999 |
6.75% |
$250,000 ~ $499,999 |
6.25% |
$500,000 ~ $999,999 |
5.50% |
$1,000,000+ |
4.00% |
| Tools | Service Features | Trade Features |
|---|---|---|
|
|
E-Documents - Receive statements and confirms online |
FREE |
Dividend Reinvestment Plan (DRIP) |
FREE |
Nasdaq Level II Streaming Quotes & Charts |
$19.95/Month |
Returned Checks / ACH |
$35 |
Stop Payments |
$25 |
Mailed Trade Confirmations |
$1 |
Mailed Account Statements |
$2 |
Duplicate Account & Tax Statements |
$10 |
Duplicate Trade Confirmations |
$3 |
Margin Call Notices |
$25 |
Sell-Out / Buy-In Notices |
$25 |
Copies of Personal Checks |
$10 |
Issue Stock Certificates |
$75 |
Out-Going Account Transfers |
$50 |
Partial Account Transfer (per item) |
$10 |
Internal Asset Transfers |
$20 |
Wire Out Funds - Domestic / Foreign |
$30 / $35 |
Tender Offers (Voluntary Reorganizations) |
$25 |
Mandatory Offers (delivery of physical certificate) |
$25 |
Legal Transfers |
$75 |
| Contact Information | |||
|---|---|---|---|
| Mailing Address | Firstrade Securities Inc. 133-25 37th Avenue Flushing, NY 11354 |
Phone Phone Hours |
1-800-869-8800 1-718-961-6600 Orders and Customer Service: Mon-Fri, 8:30am-9:00pm (ET) Sat 10:00am-2:00pm (ET) |
| Website | www.firstrade.com |
Fax | 1-718-961-3919 |
| Firstrade Reviews (5) |
|---|
Great tool for new comer
I'm new to stock market, my friend told me about Firstrade, so i open an account. I got 5 free trades from their promotion. The experience with Firstrade has been great(at least their trading...more
|
Good online broker for international customers
Firstrade offers 100 free trades for domestic and international accounts. Also I can buy mutual funds in my international account.
|
OK
Easy platform. Basic web design is fast on mobile internet. No issues the first few months but their system crashed twice this week at very inopportune times.
Takes a long time to get someone on...more
|
