Value Options Investing

$0 Commissions, $0 Contract Fees

OPEN AN ACCOUNT TODAY

Get Up to $250 in Transfer Fee Rebates

Why Choose Firstrade for Options?

Firstrade offers true value investing with $0 commissions, 

$0 contract fees and no exercise or assignment fees for options trades. 

With these savings, there’s no reason to trade options elsewhere.


Broker

Per Contract

10

100

300

500

Firstrade

$0

$0

$0

$0

$0

TD Ameritrade

$6.50

$65.00

$195.00

$325.00

$0.65

E*Trade

$0.65

$6.50

$65.00

$195.00

$325.00

Charles Schwab

$65.00

$195.00

$0.65

$6.50

$325.00

Fidelity

$0.65

$65.00

$6.50

$195.00

$325.00

Merrill Edge

$195.00

$0.65

$6.50

$65.00

$325.00

Award-Winning Broker

Firstrade was established in New York in 1985 and is a pioneer in the online brokerage industry.

Ready to get started?

Need Help?

U.S. Toll Free 1.800.869.8800

We provide you with the tools to get ahead

Innovative trading technology, analytics, education and customer 
service for over 35 years.

Powerful Platforms for Options traders

Take advantage of our analytics tools to make more precise decisions, and trade advanced options strategies like condor, iron condor and butterfly. 


Rated 4.5 stars by Stockbrokers.com for “Ease of Use,” our platforms offer sophisticated tools to help investors of every level of experience manage trading risk.


Trade options faster, smarter with Firstrade Apps

  • Redesigned Options Chain lets you view calls, puts
    and other data points all on the same screen.
  • Place/Edit options orders on the fly using the Order Basket and Quick Edit functions. 
  • Risk/Reward Profile shows your potential maximum gain or loss before you place an order.
  • Simple (Single, Spreads) to advanced strategies (Straddle, Butterfly and Condor) available.
  • Quickly close positions with no need to select each leg separately.

FREE Professional-Grade analytics with OptionsPlay

The fully integrated OptionsPlay let’s you find opportunities and instantly execute your ideas at Firstrade.

  • Daily bullish and bearish trading ideas
  • Instant strategies based on various market outlooks
  • Optimal income opportunities for any Stock or ETF
fast trade execution speed

Free Options Education
& Live Events

Whether you are a beginner or an advanced options trader, Firstrade provides you with resources tools to improve your options trading knowledge.

  • Free options courses for beginners & experienced traders
  • Full options trading video library to jumpstart your education
  • Live trading events with professional options strategists. 
Account Protection
Extended-hours trading

Account Protection

Extended-Hours Trading

Your account is insured by SIPC for up to $500,000. Firstrade has been serving investors for over 35 years and is a member of FINRA and SIPC.

React to market news during 

pre-market and after-market-hours sessions with extended hours 

trading from 8am - 8pm ET.

Brokerage Products and Services offered by Firstrade Securities, Inc.


Review Firstrade’s brokerage services with FINRA BrokerCheck.


Online trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, and other factors. An investor should understand these and additional risks before trading. Carefully consider the investment objectives, risks, charges and expenses before investing. 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.


Options trading involves risk and is not suitable for all investors. Options trading privileges are subject to Firstrade review and approval. Please review the Characteristics and Risks of Standardized Options brochure and the Supplement before you begin trading options.


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. ETF Information and Disclosure.


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 service@firstrade.com.


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 Margin Disclosure Statement, Margin Agreement, FINRA Investor Information. These disclosures contain information on our lending policies, interest charges, and the risks associated with margin accounts.


Online trades are $0 for stocks, ETFs, options and mutual funds. See our Pricing page for detailed pricing of all security types offered at Firstrade. All prices listed are subject to change without notice.


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.


This is not an offer or solicitation in any jurisdiction where Firstrade is not authorized to conduct securities transaction.


System response and access times may vary due to market conditions, system performance, and other factors.


Need Help? Call 1-800-869-8800 | e-mail us at service@firstrade.com

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