Webull vs Firstrade options fees (2026)

Both charge $0.00 per contract for stock/ETF options. Exercise/assignment fees can't be compared because Webull and Firstrade doesn't publish one we could verify. At the smallest balance tier each lists, Webull charges 8.74% (Standard, all balances) and Firstrade charges 12.25% ($0-$24,999).

WebullFirstrade
Per-contract commission$0.00
Source: www.webull.com, retrieved 2026-10-25
$0.00
Source: www.firstrade.com, retrieved 2026-10-25
Exercise / assignment feeunverified (not on webull.com/pricing)
Source: www.webull.com, retrieved 2026-10-25
unverified (not on pricing page)
Source: www.firstrade.com, retrieved 2026-10-25
Index option fees$0.50/contract on certain index options
Source: www.webull.com, retrieved 2026-10-25
unverified (pricing page states $0/contract for options generally; index not mentioned)
Source: www.firstrade.com, retrieved 2026-10-25
Margin ratesStandard, all balances: 8.74%
Premium $0-$24,999: 5.45%
Premium $25k-$99,999: 5.25%
Premium $100k-$499,999: 4.7%
Premium $500k-$999,999: 4.65%
Premium $1M-$9.99M: 4.45%
Source: www.webull.com, retrieved 2026-10-25
$0-$24,999: 12.25%
$25,000-$49,999: 12.0%
$50,000-$99,999: 11.5%
$100,000-$249,999: 11.0%
$250,000-$499,999: 10.75%
$500,000-$999,999: 8.85%
$1M+: 8.25%
Source: www.firstrade.com, retrieved 2026-10-25

Per-contract figures exclude regulatory pass-through fees. Estimate your yearly cost with the calculator. See full pages for Webull and Firstrade.