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Firstrade

Brokerage firm · United States

About the company

Legal company nameFirstrade Securities Inc.
Year founded1985
Headquarters / registered countryFlushing (New York), United States
Websitewww.firstrade.com
Last checked11.11.2026

According to its official website, Firstrade is an online brokerage firm founded in 1985, run on the principle "Clients Experience First" and based in Flushing, New York (30-50 Whitestone Expressway); brokerage products and services are offered by Firstrade Securities Inc., an SEC-registered broker-dealer and member of FINRA/SIPC, with clearing by Apex Clearing Corporation. The site lists stocks and ETFs on the NYSE, AMEX, Nasdaq and OTC markets, more than 11,000 mutual funds, options, Treasury, municipal and agency bonds and CDs, as well as fractional shares, margin, extended-hours trading from 7am to 8pm and overnight sessions from 8pm to 4am ET. It states $0 commissions on stock, ETF, options and mutual fund trades, $0 options contract fees and $19.95 for broker-assisted orders. Individual and joint brokerage accounts, Traditional, Roth and Rollover IRAs and international accounts for non-US investors in supported regions such as China, Hong Kong, Japan, Singapore and Taiwan can be opened; customer service is available in English, Mandarin and Cantonese. SIPC protection covers up to $500,000 and the clearing firm carries additional insurance. This information is the company's own statement.

Account Details

ACCOUNT TYPESIndividual and joint brokerage account · Traditional, Roth and Rollover IRA · International account (non-US investors) · Margin account
MIN. DEPOSITNot stated
PLATFORMSFirstrade web platform · Firstrade iOS and Android app · iPad app · OptionsWizard (options analytics tool) · FirstradeGPT (beta)
PRODUCTSUS stocks and ETFs (including fractional shares) · Options · More than 11,000 mutual funds · Treasury, municipal and agency bonds · Certificates of deposit · Margin and extended-hours trading

Licences and regulation

SEC (United States)

Licence no.SEC 8-34642 · CRD 16843
Licence holderFIRSTRADE SECURITIES INC.
ScopeFINRA BrokerCheck: SEC-registered broker-dealer, FINRA member, Approved; FINRA approval 17 Dec 1985, Flushing, NY; 53 state registrations; disclosures: 7 regulatory event, 2 arbitration. Broker-dealer named on the site; owner Firstrade Holding Corporation.
StatusVerified
USER REPORTS

User complaints

User reports found online are classified by topic. The reports are compiled from records on Trustpilot, WikiFX, Şikayetvar and FastBull, and one person's records count once.

There are no classified user reports for this institution yet.

Sources and verification history

Official company sourcesfirstrade.com — homepage and footer disclosures, About, Pricing, Fund Your Account, International Accounts and Mobile App pages; official Firstrade app page on the App Store (seller Firstrade Securities Inc)
Regulator recordsFINRA BrokerCheck — FIRSTRADE SECURITIES INC., CRD 16843 (brokercheck.finra.org, 11 Nov 2026)
Company registerVerified source to be added
User feedback sourcesTrustpilot · Şikayetvar · WikiFX · FastBull
Last verified11.11.2026
SAME CATEGORY

Other licensed institutions in Share and exchange brokerage

No complaint records have been compiled for Firstrade yet, so no comparison list is shown. Below are institutions operating in the same service area whose licences are verified.

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Frequently asked questions

Is Firstrade trustworthy?

According to the data, Firstrade has 1 verified licence (SEC); there are no classified user reports yet. This page does not express an opinion; licence records come from official registers and reports from sourced records.

Which licences does Firstrade hold?

Licences verified in official registers: SEC (United States) – SEC 8-34642 · CRD 16843.

Are there complaints about Firstrade?

No classified user reports about Firstrade yet. Sources: Trustpilot, Şikayetvar, WikiFX, FastBull.

How can I file a complaint about Firstrade?

Use the "File a Complaint" button on this page to open the form; the institution is preselected. Describe the issue, the date and attach any supporting documents. The complaint is reviewed by our team, published if eligible and forwarded to the institution; with the tracking link you receive, you can follow the process and the institution’s reply.

How is the information about Firstrade verified and when was it last checked?

Licence records are checked against official registers (last verification 11.11.2026). Complaint records are re-scanned every month on Trustpilot, Şikayetvar, WikiFX, FastBull. The institution’s details were last checked on 11.11.2026.

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