u/MocMoc234

Hi everyone,

I mainly trade 0DTE options on the U.S. market and currently use MooMoo and IBKR. However, commissions and platform fees have become a major issue for me. I usually trade 1–5 contracts per order, and the total cost (commissions, platform fees, exchange fees, and other charges) comes to around $5 or more per round trip, even when I'm trading just one contract on MooMoo. That feels pretty expensive for scalping, especially when my typical profit target is only $0.10–0.20 per contract.

So, I'm looking for a broker with lower fees and came across Firstrade. Their pricing looks very attractive ($0 commission, no options contract fees, and no platform fees), but I haven't found many recent reviews from active options traders.

Since I'm not a U.S. resident, I can't use some of the more popular brokers like Robinhood or Webull, those unfortunately aren't an option for me.

Does anyone here have experience with Firstrade?

Are they reliable and safe?

How is their order execution quality?

Last but not least, how fast is their options order execution? (or How fast are market order fills for options?)

I mainly trade 0DTE and occasionally swing options, so fast and consistent execution is much more important to me than having advanced charting tools, I have tradingview and other apps for these analysis.

I'd really appreciate hearing from anyone who has experience for Firstrade. Thanks!

Hi everyone,

I mainly trade 0DTE options on the U.S. market and currently use MooMoo and IBKR. However, commissions and platform fees have become a major issue for me. I usually trade 1–5 contracts per order, and the total cost (commissions, platform fees, exchange fees, and other charges) comes to around $5 or more per round trip, even when I'm trading just one contract on MooMoo. That feels pretty expensive for scalping, especially when my typical profit target is only $0.10–0.20 per contract.

So, I'm looking for a broker with lower fees and came across Firstrade. Their pricing looks very attractive ($0 commission, no options contract fees, and no platform fees), but I haven't found many recent reviews from active options traders.

Since I'm not a U.S. resident, I can't use some of the more popular brokers like Robinhood or Webull, those unfortunately aren't an option for me.

Does anyone here have experience with Firstrade?

Are they reliable and safe?

How is their order execution quality?

Last but not least, how fast is their options order execution? (or How fast are market order fills for options?)

I mainly trade 0DTE and occasionally swing options, so fast and consistent execution is much more important to me than having advanced charting tools, I have tradingview and other apps for these analysis.

I'd really appreciate hearing from anyone who has experience for Firstrade. Thanks!