Firstrade Reviewer's Comments

Firstrade is a cut and dry online broker that is versatile enough for the casual investor and the serious trader alike. We were most impressed by their straightforward commission schedule. They are one of the least expensive brokers on the web charging a flat rate of $6.95 per trade and no minimum account balance. Additionally, there is no commissions on mutual funds held for more than 180 days.

This would be an especially good broker for the new investor. They offer enough tools and educational sources to create strategies and buy and sell investments. However, this service doesn’t have some of more technical tools like automatic trade.

Firstrade’s website is easy to navigate with well–labeled categories and tabs. You shouldn’t have any problem finding the information you need. If you do have questions about the service or trading, you can contact Firstrade by telephone, email or live chat.