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Firstrade fees explained

Your expert
Adam N.
Fact checked by
Updated
Mar 2024
Personally tested
Data-driven
Independent

Overview of Firstrade fees and charges

When trading or investing at an online broker, fees can have a big impact on your results, so it's good to know what kind of charges you'll be facing and how these compare to fees at other brokers.

If fees are your top concern, Firstrade is a good choice, as it has low fees in general. Check our toplist for cheaper brokers.

I found Firstrade's trading fees fairly low
Adam
Adam Nasli
Regulation • Fighting Scams • Market Analysis

I've personally tested dozens of global brokers, carefully looking at their fees not just on their website but also in the course of live trading. Here's how Firstrade fared:

  • Firstrade charges low fees for trading stocks and ETFs.
  • There is no inactivity fee even if you leave your account idle for a long time.
  • The basic withdrawal fee is $0, but some transactions may cost more.
  • Read our full review of Firstrade for info on safety, trading platforms and funding.
Firstrade fees at a glance
Assets Fee level Fee terms
US stock fee Low $0 per trade
EURUSD fee - FX not available
US tech fund fee Low $0 per trade
Inactivity fee Low No inactivity fee

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Commission-free stock and ETF trading

Firstrade stock and ETF fees by market
US stock
$0.0
$5.0
$1.0
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New
Stock Fee Calculator

Confused about fees? Use this tool to see what the commission fee of a specific stock trade would be at Firstrade. To check and compare fees at other brokers, go to our main Fee calculator page.

Before doing so, check out our Privacy Policy and our General Terms and Conditions.

USD
Select stock
USD

High margin rates

Firstrade annual margin rates
USD margin rate
13.8%
13.5%
6.8%
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Low options commission

Firstrade stock index options commission
US stock index options
$0.0
$11.0
$6.5
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No inactivity fee, no withdrawal fee

There is no account fee or inactivity fee. There is no withdrawal fee if you use ACH transfer. However, withdrawals using domestic or international wire transfers cost $25. We tested ACH, so we paid no withdrawal fee.

Broker
Inactivity fee
Withdrawal fee
Firstrade
$0
TradeStation
$35
Interactive Brokers
$0
Firstrade inactivity, withdrawal and other fees
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Other commissions and fees

You can find Firstrade's fees for other asset classes below. Click 'Show more' for details.

Low mutual fund commission

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High spot crypto fees

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Low bond commission

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Interest on uninvested cash

Firstrade pays a 0.5% interest on uninvested USD.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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Adam Nasli
Author of this article
I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.
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