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Comparison EasyMarkets vs Firstrade
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares EasyMarkets vs Firstrade. Is EasyMarkets or Firstrade a better online broker?
First of all, we’ll compare the commission fees of the two brokers. When analyzing trading options, the commission fees of EasyMarkets is from 0.001 pips, and that one of Firstrade is $0. You can read more detailed information on commission fees in the online broker reviews.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are EasyMarkets provides customers with Stocks Trading, Options Trading, Forex Trading, Crypto Trading, and Firstrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading. As for platforms, EasyMarkets offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Firstrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. EasyMarkets was established in 2001 in Cyprus, and it is regulated by CySEC, ASIC. And Firstrade was established in 1985 in United States, and it is regulated by SEC and FINRA. We can withdraw funds from EasyMarkets with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And Firstrade provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $30 domestic US, $50 international. The time for withdrawal in EasyMarkets is 3 - 10 business days, and that one in Firstrade is 2-3 business days.
Overall, EasyMarkets boasts 4.5 stars versus Firstrade 3.9 stars.