Firstrade: verified facts and rating
Checked 2026-10-30
Score breakdown
78% backed by facts · How we rank
Firstrade against the market
The dot is the company, the line is the median of all companies in this ranking.
Commission on the reference order0%0%0% · median 0%
Asset classes (of 5)355 · median 5
Support channels (of 3)132 · median 2
Firstrade strengths and weaknesses
Pros
- Low commission on the reference order
- Member of the national investor compensation scheme
- Wide choice of asset classes
- Publishes financial reports
Cons
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All facts
| Fact | Value | Source | Checked |
|---|---|---|---|
| Licensed since | Not verified | — | |
| Investor compensation scheme | Yes | firstrade.com | 2026-10-30 |
| Commission on the reference order | 0% Stocks, commission: $0 → 0 USD on 1,000 USD order | firstrade.com | 2026-10-30 |
| Client assets held separately | Not verified | — | |
| Financial reports online | Yes | sec.gov | 2026-10-30 |
| No account or custody fee | Yes | firstrade.com | 2026-10-30 |
| Asset classes (of 5) | 5 | firstrade.com | 2026-10-30 |
| Tax-advantaged account | Yes | firstrade.com | 2026-10-30 |
| Mobile app | Yes | firstrade.com | 2026-10-30 |
| Open an account online | Yes | firstrade.com | 2026-10-30 |
| Support channels (of 3) | 2 | firstrade.com | 2026-10-30 |
| Annual tax statement | Yes | firstrade.com | 2026-10-30 |