FirsTrade Review

FirsTrade
Up $300 Cash and 500 Free Trades
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Overview

FirsTrade, founded in 1985 and based in New York,  is one of the top trusted online broker for stock and options trading in US. They are regulated by FINRA and licensed by SEC (  nr 43632 ).

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Broker Details

Broker FirsTrade
Website URL www.firstrade.com
Founded 1985
Headquarters Firstrade Securities, Inc ( New York, USA )
Support Number 1.800.869.8800 ( USA ) - Support in English & Chinese
Support Types Live Chat , Phone , Email ( service@firstrade.com )
Languages English , 中文繁體 , 中文简体
Minimum 1st Deposit $0.00
Promotions Up $300 Cash and 500 Free Trades
Free Demo Account No
Regulated Yes
Regulation Financial Industry Regulatory Authority ( FINRA, USA )
Commissions Yes
Commission Info $2.95 per trade ( stocks ), $2.95 + $0.50/contract ( options ), $0 ( maintenance and inactivity fee )
Account Types Regular Investing ( USA, classical individual broker account ) , IRA Retirement ( USA ) , International Accounts ( China, Singapore, Hong Kong, Taiwan, UK,..) , Business Accounts ( USA ) , Custodial Accounts
Type of Investments Stock trading, Options trading, ETFs, Bonds/CDs/Fired Incomes, DRIP
US Traders Allowed Yes
Mobile Trading Yes
Tablet Trading Yes
Overall Score 99/100

Pros

  • US Regulated Stocks & Options Trading Platform
  • Excellent English & Chinese support
  • Low Fees of 2,95/Trade
  • $0.50/ per options contract
  • Get up to $300 Cash Rewards + 500 Free Trades
  • No Minimum Deposit

Cons

  • Not demo account offered

Full Review

Last FirsTrade Review:  17th March 2018

FirsTrade review

FirsTrade Securities Inc , founded in 1985 and based in New York,  is a top trusted online discount broker for stock and options trading in US. They are regulated by FINRA and licensed by SEC (  nr 43632 ).

They are offering 2.95$/ per trade ( fees ),  one of lowest commissions in the online trading industry.

User Reviews on FirsTrade

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James Martin

I'm based in London ( England, UK )
I've been a professional trader for over 5 years.
Currently I work as forex analyst for different investment companies.
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