Firstrade

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Additional information

Fees

$0

Promotion

Invest in Stocks, Options AND Mutual Funds at Firstrade and enjoy the benefits of a full suite of investment products, research, tools and excellent customer support, all for free.

Why We Like It

Firstrade is one of the few brokers that does not impose a per-contract cost for options trading, making it an attractive platform for option traders.

Pros

• Many ETFs and mutual funds offer no-transaction-fee stock and options trades free of charge cost.
• Consistently streamlined trading experience between online and mobile platforms
• Support for traditional and simplified Chinese accounts in addition to English

Cons

• Order entry and basic charting are the extents of the web and mobile platforms’ functionality.
• No trading in forex, cryptocurrencies, futures, or futures options
• Customer service is unavailable 24/7