Firstrade$0 commission on stocks, ETFs and options
- Published fee
- $0 commission on stocks, ETFs and options
- Minimum deposit
- 0 $
Broker comparison
Firstrade vs.
tastytrade
Which broker fits your needs?
Platforms, products and fees side by side.
Checked on 22 October 2026
See comparisonFirstrade
tastytradeVS
Summary
Your goal decides
tastytrade has a higher rating of 4.5/5 compared to Firstrade (4/5). Firstrade offers 5 instrument types, while tastytrade offers 4. Oversight: Firstrade: SEC/FINRA; tastytrade: SEC-registered, member FINRA, SIPC, NFA (no EU supervisor). Firstrade: Yes, commission-free. tastytrade: Yes, listed options: US. Firstrade has been in the market since 1985, making it the more experienced provider.
FirstradeCommission-free US broker with options trading since 1985
tastytradeOptions broker built by traders for traders with innovative platform
At a glance
The key differences
| Criterion | Firstrade | tastytrade |
|---|---|---|
| Platforms | Firstrade Web, Firstrade App | tastytrade Desktop, tastytrade Web, tastytrade App |
| Product types | Stocks, Options, ETFs, Mutual Funds, Bonds | Stocks, Options, Futures, Crypto |
| Options trading | Yes, commission-free | Yes, listed options: US |
| Fee model | $0 commission on stocks, ETFs and options | US: Stock/ETF options: USD 1 per contract to open, capped at USD 10 per leg; USD 0 closing commission. Broad-based index options: USD 1 to open without a cap, USD 0 to close. Both incur USD 0.10 clearing per contract plus applicable exchange/regulatory fees on opening and closing; exercise/assignment USD 5 |
| Minimum deposit | 0 $ | 0 $ |
| Regulation | SEC/FINRA | SEC-registered, member FINRA, SIPC, NFA (no EU supervisor) |
| More information | Details | Details |
Platforms
Firstrade
Firstrade Web, Firstrade App
tastytrade
tastytrade Desktop, tastytrade Web, tastytrade App
Product types
Firstrade
Stocks, Options, ETFs, Mutual Funds, Bonds
tastytrade
Stocks, Options, Futures, Crypto
Options trading
Firstrade
Yes, commission-free
tastytrade
Yes, listed options: US
Fee model
Firstrade
$0 commission on stocks, ETFs and options
tastytrade
US: Stock/ETF options: USD 1 per contract to open, capped at USD 10 per leg; USD 0 closing commission. Broad-based index options: USD 1 to open without a cap, USD 0 to close. Both incur USD 0.10 clearing per contract plus applicable exchange/regulatory fees on opening and closing; exercise/assignment USD 5
Minimum deposit
Firstrade
0 $
tastytrade
0 $
Regulation
Firstrade
SEC/FINRA
tastytrade
SEC-registered, member FINRA, SIPC, NFA (no EU supervisor)
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
FirstradetastytradeTerms by market
- US
- Stock/ETF options: USD 1 per contract to open, capped at USD 10 per leg; USD 0 closing commission. Broad-based index options: USD 1 to open without a cap, USD 0 to close. Both incur USD 0.10 clearing per contract plus applicable exchange/regulatory fees on opening and closing; exercise/assignment USD 5
- Minimum deposit
- 0 $
The relevant costs depend on market, currency, order size and trading style.
Worked out
What does it actually cost?
Typical months at Firstrade and tastytrade, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.
| Scenario | Firstrade | tastytrade |
|---|---|---|
| ETF savings plan, ≈ €200 a month | US$0$0 online ETF commission (≈ $230 buy); $0 × 1 | US$0$0 online ETF commission (≈ $230 buy); $0 × 1 |
| 10 stock buys of ≈ €1,000 a month | US$0$0 online US stock commission × 10 orders | US$0$0 online US stock commission × 10 orders |
| 10 US option contracts a month | US$0$0 commission and $0 contract fee × 10 (ORF $0.02/contract excluded) | US$10$1 per contract to open × 10 (max $10 per leg); closing $0 |
| One BTC purchase of ≈ €1,000 | —Crypto fee not confirmed on the official pricing page | US$8.63BTC: 0.75% of purchase × $1,150 |
| Custody and account fee per year | US$0No account maintenance or inactivity fee | —Account/inactivity fees not stated on pricing page |
Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: firstrade.com · help.en-us.firstrade.com · tastytrade.com
Execution quality
Order type, venue and liquidity affect execution.
FirstradeCheck the provider’s execution policy and available order types for your account.
Provider informationtastytradeCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
FirstradeStocksOptionsETFsMutual FundsBonds
tastytradeStocksOptionsFuturesCrypto
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
FirstradeFirstrade Web · Firstrade App
Firstrade offers its own web platform and mobile app with basic charting features, options chain view, real-time quotes, and an integrated screener for stocks and ETFs. The platform is intentionally kept simple and tailored to long-term investors. Options traders can create multi-leg strategies through the options chain feature. Research tools include Morningstar ratings and basic fundamental analyses.
Explore platformtastytradetastytrade Desktop · tastytrade Web · tastytrade App
tastytrade offers its own innovative trading platform as desktop, web, and app versions, specifically designed for options trading. The platform provides unique visualizations for options chains, probability-of-profit calculations, the Follow feed for copying other traders, and advanced strategy builders. All versions integrate tastylive content directly into the trading interface for real-time education.
Explore platformFirstrade
Firstrade Securities Inc. (clearing: Apex Clearing)
- Supervisor
- SEC / FINRA
tastytrade
tastytrade, Inc.
- Supervisor
- SEC / FINRA, NFA
Regulation does not protect against market losses. What counts is the entity you sign the contract with.
Your investor profile
Who might it suit?
FirstradeCommission-free US broker with options trading since 1985
- Completely commission-free trading
- Over 35 years of experience
- No minimum deposit
- Less advanced platform
- Limited research tools
tastytradeOptions broker built by traders for traders with innovative platform
- Specialized in options trading
- Opening commission capped for stock/ETF options
- Innovative trading platform
- Focused on US markets only
- Not ideal for buy-and-hold investors
Find the broker that fits
Firstrade oder tastytrade?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
VS
- Fees
- Platform
- Regulation
- Matching lessons
Two brokers. Many options. Your call.
Firstrade and tastytrade do not earn the same way
The table shows what they cost. These lessons show how they earn, which is what the difference is made of.
Your questions
Frequently asked questions
How do fees differ between Firstrade and tastytrade?
Firstrade: $0 commission on stocks, ETFs and options. tastytrade: US: Stock/ETF options: USD 1 per contract to open, capped at USD 10 per leg; USD 0 closing commission. Broad-based index options: USD 1 to open without a cap, USD 0 to close. Both incur USD 0.10 clearing per contract plus applicable exchange/regulatory fees on opening and closing; exercise/assignment USD 5. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Firstrade or tastytrade?
Firstrade offers Stocks, Options, ETFs, Mutual Funds, Bonds. tastytrade offers Stocks, Options, Futures, Crypto.
How are Firstrade and tastytrade regulated?
The broker profiles list SEC/FINRA for Firstrade and SEC-registered, member FINRA, SIPC, NFA (no EU supervisor) for tastytrade. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Firstrade or tastytrade better for beginners?
Firstrade lists a 0 $ minimum deposit and offers Firstrade Web, Firstrade App. tastytrade lists 0 $ and offers tastytrade Desktop, tastytrade Web, tastytrade App. Compare usability, available products and costs for your intended use.
Firstrade vs tastytrade: Which broker is better overall?
The choice between Firstrade (4/5, 600 reviews) and tastytrade (4.5/5, 1400 reviews) depends on your needs. Firstrade: Commission-free US broker with options trading since 1985. tastytrade: Options broker built by traders for traders with innovative platform.
Your next step
Your next step
FirstradeCommission-free US broker with options trading since 1985
Open accountRead reviewtastytradeOptions broker built by traders for traders with innovative platform
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.