Firstrade Securities

Firstrade Securities is an online brokerage firm that says it has served customers since its founding in 1985. Its stated mission is centered on putting clients first, and it describes its offering as a combination of investment products, trading technology, customer service, and tools for investors at different stages and levels of activity. The platform offers online and mobile trading in stocks and exchange-traded funds, options, mutual funds, fixed-income products, and other investments. Its homepage highlights securities listed on the NYSE, AMEX, Nasdaq, and over-the-counter markets, as well as individual and joint brokerage accounts and Traditional, Roth, and Rollover IRAs. The company says its mutual-fund selection includes more than 11,000 funds. Firstrade promotes commission-free trading, including $0 commissions on stocks and options and $0 options contract fees, while noting that other fees may apply. Its services also include extended-hours trading and overnight trading sessions, customizable desktop and mobile platforms, options analytics, real-time news, and research. The company describes itself as a member of FINRA and SIPC. The supplied evidence does not identify its headquarters, founder, ownership, or executives.

Firstrade says it was founded in 1985 and has served customers since then. The company describes its founding principle as “Clients Experience First,” and says that its continuing commitments include commission-free investing and service excellence. The supplied material does not name the founder or give further details about the company’s early history, initial location, or changes in ownership. Firstrade presents itself as an online brokerage built around self-directed investing. Its account of the business emphasizes proprietary trading technology, an intuitive interface, customer service, and mobile applications. It says it provides online and mobile trading in stocks and ETFs, options, mutual funds, fixed-income products, and more. The company also describes extended-hours trading from 7 a.m. to 8 p.m. and overnight sessions from 8 p.m. to 4 a.m. Eastern Time on the stated weekdays. The firm’s current website positions commission-free investing as a central part of its offer. It advertises $0 commissions for stock and options trades and $0 options contract fees, while directing customers to its pricing information for other possible fees. The website also presents overnight trading, a range of account types, customizable trading platforms, options analytics, real-time news, and research as parts of its service. The homepage mentions Morningstar and OptionsPlay in connection with research and trade ideas. Firstrade describes its customer base broadly, addressing both new investors and active traders. It says the platform is available on desktop, iPad, and mobile phone, and identifies the firm as a member of FINRA and SIPC. The supplied evidence does not establish a headquarters, founder, parent company, ownership structure, listing status, or named executives, so those details are not stated here.

• 1985

  Firstrade founded

An online brokerage emphasizing commission-free investing, accessible trading technology, investor tools, and customer service.

• Stocks and ETFs

  Online and mobile trading in stocks and ETFs, including securities listed on the NYSE, AMEX, Nasdaq, and OTC markets.

• Options

  Options trading advertised with $0 commissions and $0 contract fees.

• Mutual funds

  A selection the company describes as including more than 11,000 mutual funds.

• Fixed income

  Fixed-income products are included among the investments available through the platform.

• Retirement accounts

  Traditional, Roth, and Rollover IRAs.

1. 1Firstrade Securities - Online Stock Trading, Investing, Online Brokerfirstrade.com
2. 2About - Firstradefirstrade.com