Firstrade is an online investment brokerage and financial advisory services provider. It enables users to manage their various investment portfolios, including stocks, ETFs, and mutual funds. In this article, we cover Firstrade reviews and pricing. Ready to get started? Sign up for free.
Firstrade offers free investing services. Users only need to fund their investment plans, but the use of the platform is free. Firstrade charges fees on special services such as banking wire transfers and Automated Customer Account Transfers (ACAT) with prices ranging from $20 to $75. Interested users may visit its website for more information.
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Summary of Positive Firstrade Reviews
As of the date this article was written (March 25, 2019), there are very few positive reviews about Firstrade online. According to users, they like the easy-to-use web and mobile interface, great customer support, and the free use of the platform.
One user who gave Firstrade a positive review on TopRatedFirms said that he finds the program outstanding because of its efficiency, ease of use, and no-commission-fee policy. He said that he is a novice stock investor and is consistently assisted and accommodated very kindly by the customer support team.
Summary of Negative Firstrade Reviews
There are also very few negative reviews about Firstrade as of this writing. However, one user said that he found it difficult to withdraw his money from the platform. Some also complained about occasional website glitches.
Check out the list below of some of Firstrade’s offerings:
- Exchange Traded Funds (ETFs)
- Mutual Funds
- Fixed Income (Treasury Bills, Notes, Bonds)
- Margin Investing
- And more
Do users need to be experienced traders and investors to use the platform?
Users with any level of investment experience can use the platform. For beginners, Firstrade provides assistance through broker-assisted trading. For more experienced traders, online and mobile trading are available.
What types of accounts can a user open at Firstrade?
Users can opt to choose from the following types of accounts: regular, IRA retirement, international accounts, custodial accounts, and more. Interested users may visit Firstrade’s website for more information.
Have you read these Firstrade reviews and are still not sure if it’s the right fit for you? Read our reviews of all top investment companies for small businesses or check out one of these three Firstrade competitors.