Detailed side-by-side comparison to help you choose the best platform for dividend investing
A pioneer of commission-free trading offering truly free options (no contract fees) and mutual funds—one of the most cost-effective brokers available.
The legendary thinkorswim platform lives on under Schwab. All TD Ameritrade accounts have been migrated—new customers should open a Schwab account directly.
| Feature | Firstrade | TD Ameritrade |
|---|---|---|
| Our Rating | 4.2/5 | 4.7/5 |
| Trading Commissions | $0 | N/A |
| Account Minimum | $0 | N/A |
| Fractional Shares | N/A | N/A |
| DRIP | Free | Via Schwab |
| Research Tools | Basic | Good |
| Best For | Options Income Investors | Former TD Ameritrade Customers |
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Investing involves risk, including possible loss of principal. Past performance does not guarantee future results. This content is for informational purposes only and should not be considered investment advice.