Firstrade

Options and mutual-fund traders, since it charges $0 contract fees and $0 commission on mutual funds.

Last verified 2026-10-04

Details

minimum to open$0Not confirmed at a primary source in this pass.
monthly fee$0No annual fee or inactivity fee per third-party review; only the official pricing page was captured here, which does not itemize an annual fee
equity trade fee0 USD per tradeNot confirmed at a primary source in this pass.
fractional minnot verified
etf fee0 USD per tradeNot confirmed at a primary source in this pass.
margin apr lownot verified
margin apr highnot verified
cash apy goldnot verified
cash apy standardnot verified
crypto availablenot verified
account typescash, taxable, ira, roth iraAccount types not published.
coverageSIPC member. Clearing is via Apex Clearing.Coverage terms not transcribed.

What we could not verify

Listed here rather than filled with a plausible guess. An honest gap is more useful than a confident number that turns out to be wrong.

Sources

Each URL and the specific claim it supports.

  1. www.firstrade.com— Brokerage fees, account types, coverage and margin terms.retrieved 2026-10-04