- Leverage: Margin Trading
- Regulation: SEC, FINRA, SIPC
- Min. Deposit: $0
- HQ: USA
- Platforms: Firstrade Proprietary Trading Platform, Options Wizard, Mobile Apps
- Found in: 1985
Firstrade Licenses:
- Firstrade Securities Inc. – authorized by SEC (USA) CRD#: 16843/SEC#: 8-34642
- Firstrade Securities Inc. – member of FINRA & SIPC (USA)
- Firstrade Securities is a stock trading and investment firm headquartered in the United States. It offers a platform for individual investors to trade various financial instruments such as stocks, ETFs, options, mutual funds, fixed income, and bonds.
- The broker operates under strict regulatory oversight by the US Securities and Exchange Commission (SEC) and is a member of both the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).
- Firstrade provides competitive trading conditions and an intuitive interface for investors to manage their portfolios, access market research, and execute trades efficiently.
- Yes, Firstrade is indeed a stock brokerage firm, offering online trading services through its platform and mobile app.
- Pros and cons of Firstrade: Pros:
- Commission-free trading for stocks, options, and ETFs.
- Range of research tools and educational resources available.
- No account minimums, making it accessible to a wide range of investors.
- Cons:
- Platform may not be as feature-rich or technologically advanced as some competitors.
- Availability of certain services and features may vary, and investors should verify current offerings on Firstrade’s official website.