Firstrade is an online discount broker operating since 1985. It started its business as First Flushing Securities in Queens, New York. Later in 1997, the brokerage firm launched its website and renamed itself. The broker allows to trade stocks, options, ETFs, and mutual funds with no commissions. The minimum deposit to open an account is $500. The entity does not provide 24/7 customer assistance.
Is Firstrade A Licensed Broker?
Firstrade is a registered company. It is regulated by the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC). These regulators make sure the brokers play fair and follow the rules strictly.
How Safe Is It To Invest Your Money With Firstrade?
Firstrade is a reliable and transparent broker. It suits both the novice and experienced traders. The entity has vast experience in handling cyber attacks. As the trading markets are highly volatile, it is advisable to be vigilant while associating with Firstrade for any sort of investment.
What To Do If You Have Been Scammed By Firstrade?
Firstrade has received positive feedback from the traders. It has earned a huge reputation in the market, although some minor issues were there related to withdrawal. However, if you are facing any scam issues with Firstrade, approach us. We will make sure you get your funds back.
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