Firstrade Review

3-star brokerage firm rating


Firstrade Fees, Margin Rates, IRA Fees, Interest, Trading Tools Charges for 2012



Firstrade Margin Rates

Balance   Rate Calculation   Rate as of
10/16/2009
$1,000,000+   FBR%   5.00%
$500,000 ~ $999,999   FBR + 0.50%   5.50%
$250,000 ~ $499,999   FBR + 1.25%   6.25%
$150,000 ~ $249,999   FBR + 1.75%   6.75%
$100,000 ~ $149,999   FBR + 2.00 %   7.00%
$50,000 ~ $99,999   FBR + 2.50%   7.50%
$0 ~ $49,999   FBR + 2.75%   7.75%
Firstrade's Base Rate (FBR) is 5%. Margin rates effective 10/16/2009.


Firstrade Other Fees


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   $100
Out-Going Account Transfers (ACATS eligible)   $50
Partial Account Transfer (includes DTC transfers, 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
Smart (Valet) Account Annual Fee   $75
Overnight Delivery - Continental U.S. / International, Alaska & Hawaii   $25 / 35
Foreign Issue Transactions   $75
DWAC   $35
DRS   $95
Account Verification Fee   $15
Safekeeping per Security (Monthly / Deposit / Withdrawal)   $4 / 15 / 80
American Depositary Receipts (ADRs) Custody Fee   $0.01~0.05 per share1



Firstrade Fees are as of 2012 and are subject to change. For most recent information go here:

Firstrade Review


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