Firstrade
$0 stock commission · fractional shares · 24/5 overnight trading · options
Key capabilities
- Commission
- $0
- Fractional shares
- Yes
~4,000+ tickers, ≥ $5
- Extended hours
- Yes
- Overnight (24/5)
- Yes
~1,200 eligible · Launched April 7, 2025; ~1,200 stocks/ETFs
- Options
- $0
- OTC access
- 4/5 full, 1/5 limited
- Short locate
- limited
OTC market access by tier
OTC Markets organises non-exchange-listed securities into five tiers by disclosure quality. Firstrade’s coverage:
- OTCQXFull
- OTCQBFull
- Pink CurrentFull
- Pink LimitedFull
- Grey MarketLimited
Notes
$0 commission including many sub-$1 names — notable for penny-stock access.
Frequently asked
- What does Firstrade charge for stock trades?
- $0 on stocks.
- Does Firstrade offer fractional shares?
- Yes — ~4,000+ tickers, ≥ $5.
- Does Firstrade have 24-hour trading?
- Yes — approximately 1,200 eligible securities (Launched April 7, 2025; ~1,200 stocks/ETFs).
- Can I trade penny stocks and OTC names on Firstrade?
- Partial. 4/5 OTC tiers offer full access, 1/5 with limited access. Pink Limited and Grey market are typically the most restricted.
- What does Firstrade charge for options?
- $0 per contract.