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Firstrade Brokerage Account
Would you recommend Firstrade Brokerage Account to your friends?
| Community Rating |
Rating not yet determined |
| Online Trade Fee | Starting at $0 |
| Minimum Initial Investment | $0 |
| Broker Assisted Trading Fee | Starting at $19.95 |
Firstrade Brokerage Account Review
Firstrade Brokerage Account is offered by Firstrade Securities, Inc., a financial services company founded in 1985 and based in Flushing, NY.
This brokerage is a good choice for frequent traders who are looking for a fast platform with low costs that includes tools designed for day traders.
Firstrade Brokerage Account FAQ
What assets can you invest in on Firstrade Brokerage Account?
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What trading fees does Firstrade Brokerage Account charge?
The online trading fees for Firstrade Brokerage Account are below the average ($8.90) for online brokerages. However, there are other fees to consider.
| Trading Fees | Amount |
|---|---|
| Broker Assisted Trading Fee | $19.95 |
| Returned Deposit Fee (International) | $50 |
| Outgoing International Bank Transfer Fee | $50 |
How much do you have to invest to open an account?
Firstrade Brokerage Account does not have a minimum amount to start an account.
What is the minimum amount to open a margin account?
A margin account allows investors to borrow cash by using the securities and cash invested in the brokerage as collateral. Firstrade Brokerage Account offers investors this service but the minimum amount is $2,000.
What margin rates does Firstrade Brokerage Account offer?
Firstrade Brokerage Account offers a margin rate that ranges from 5.25% up to 9.50%.
What brokerage features does Firstrade Brokerage Account offer?
Firstrade Brokerage Account provides users with a variety of tools. These include:
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What research tools does Firstrade Brokerage Account offer investors?
Firstrade Brokerage Account is not only a brokerage. It's also an investment analysis platform that provides a wide selection of research tools. These include:
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Message From Firstrade Brokerage Account
Contact
- Headquarters
-
30-50 Whitestone Expressway,
Suite A301
Flushing, NY 11354 USA - (800) 869-8800
- Visit Site
- Email Support
About Firstrade Brokerage Account
Feature Breakdown
| Annual Fee | $0 |
| IRA Annual Fee | Starting at $0 |
| IRA Closure Fee | $0 |
| Paper Statement Fee | $5 |
| Returned Deposit Fee (Domestic) | $50 |
| Returned Deposit Fee (International) | $50 |
| Wire Transfer Fee - Domestic (Incoming) | $0 |
| Wire Transfer Fee - Domestic (Outgoing) | $30 |
| Wire Transfer Fee - International (Incoming) | $0 |
| Wire Transfer Fee - International (Outgoing) | $50 |
Firstrade Brokerage Account Community Reviews
Would you recommend Firstrade Brokerage Account to your friends?
