August 10, 2016

Firstrade Review

Firstrade is an underrated investment site, but offers a lot of the same value as larger sites like E*TRADE with a more personal experience. It also offers one of the most streamlined websites and apps, making it easier for beginners to trade. Here is a more detailed look at Firstrade.

Firstrade Review

Firstrade website

Firstrade Review image
  • Best For: Easy-to-use website/app. Firstrade has one of the easiest websites and apps, making it easier for first-time investors or anyone hoping for a clear, friendly tool to help with trading.
  • Price: Trades are $6.95, and the options base fee is also $6.95. Options per contract are $0.75 and broker-assisted orders are $19.95.
  • Features: Firstrade offers all the typical investing options, including stocks, options, ETFs, IRAs, mutual funds, bonds, Forex and trading on the International Stock Exchange.
  • Other highlights: Firstrade is currently offering a deal of 100 free trades if you fund your account with $5,000 or more, plus $100 if you transfer $10,000 or more to your account, and $100 if you deposit $100,000 or more in your account.
  • Customer Service: Firstrade is strong when it comes to technical customer service for your account, but it does not offer broker-assisted help like other investing websites.
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