Firstrade review (2022)

Firstrade is a leading online brokerage firm that has been in existence since 1985. Firstrade provides diverse online investments products such as Stocks/ETFs, Options, Mutual Funds, Fixed Income and more. Firstrade has been committed to providing high value and quality services to help traders achieve their financial goals. FirstTrade is regulated by the Financial Conduct Authority (FCA).

Security

Firstrade is a member of the Securities Investor Protection Corporation (SIPC) which protect its members up to $500,000 including $250,000 for claims for cash and Apex Clearing Corporation that has purchased an additional insurance to provide protection for securities and cash up to an aggregate limit of $150 million.

Trading Platforms

Firstrade provides three trading platforms: Desktop platform, Firstrade Navigator and an Options Wizard and Mobile apps.

Trading Tools

• Market & News
• Stocks Reports
• Mutual Funds
• Alerts
• Firstrade Navigator
• Real-time Streaming Watchlist
• Options Wizard

Accounts

• Anvestment Accounts
• Retirement Accounts
• International Accounts

Education

• Stocks
• Options
• ETFs
• Mutual Funds
• Fixed Income
• Margin Loans
• Glossary
• Upcoming IPOs

Costs

Firstrade provides no annual fee, no maintenance fee, no commissions and no minimum account is required to open an account. Deposits can be made via check deposit, wire fund and eletronic fund transfer.

Customer Support

Firstrade provides customer support 24/7 via live chat, email, mails, fax and telephone.

Media

• Website
• Facebook

Regulation

Firstrade is authorised and regulated by the Financial Conduct Authority (FCA).

Conclusion

Firstrade provides diverse online investments products such as Stocks/ETFs, Options, Mutual Funds, Fixed Income and more for traders to trade the most convenient and easy to use platform, resourceful tools, fast execution and low fees. First trade also provides dedicated customer support around the clock to all new and active traders. Firstrade is regulated by the FCA and is a member of the Securities Investor Protection Corporation (SIPC) to ensure security of clients accounts.

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EditorialTeam

The Trader-Magazine.com EditorialTeam is a collective of certified financial analysts, active traders, and cryptocurrency experts. Our mission is to transform complex market data (forex, equities, indices) into accessible financial education. All content undergoes rigorous, multi-level fact-checking to ensure we deliver only accurate, objective information for your trading and investment decisions.

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