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Comparison E*TRADE vs Firstrade

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares E*TRADE vs Firstrade. Is E*TRADE or Firstrade a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of E*TRADE on regular transactions of the stock exchange is $6.95, and Firstrade has a commission fee of $0. When analyzing trading options, the commission fees of E*TRADE is $6.95 + $0.75 per contract, 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 E*TRADE provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading, Robo Advisor, and Firstrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading. As for platforms, E*TRADE offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Firstrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.

Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. E*TRADE was founded in 1982 in United States, and it is regulated by FINRA. And Firstrade was founded in 1985 in United States, and it is regulated by SEC and FINRA. Withdrawal of funds from E*TRADE can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. And Firstrade provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $30 domestic US, $50 international. The time for withdrawal in E*TRADE is 3 days, and that one in Firstrade is 2-3 business days.

Overall, E*TRADE boasts 4.3 stars versus Firstrade 3.9 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
E*TRADE
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
Firstrade
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Futures
Metals
Cryptocurrency
E*TRADE
Stock
$6.95
ETFs
$19.99
Options
$6.95 + $0.75 per contract
Mutual Funds
$49.99
Bonds
$1
Futures
$2.50 per side, per contract
Metals
$1.50 per contract
Cryptocurrency
$1.50 per side, per contract
Firstrade
Stock
$0
ETFs
$0
Options
$0
Mutual Funds
$0
Bonds
$40
Futures
N/A
Metals
N/A
Cryptocurrency
N/A

Types of trading

Types of trading
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Futures Trading
Crypto Trading
Robo Advisor
E*TRADE
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Futures Trading
Crypto Trading
Robo Advisor
Firstrade
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Futures Trading
Crypto Trading
Robo Advisor

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
E*TRADE
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Firstrade
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Education
E*TRADE
Research & Analysis
Education
Firstrade
Research & Analysis
Education

Mobile App

Mobile App
Android App
iOS App
E*TRADE
Android App
iOS App
Firstrade
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
E*TRADE
Minimum deposit
$100
Bank Wire
Visa/Mastercard
Firstrade
Minimum deposit
$0
Bank Wire
Visa/Mastercard

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
E*TRADE
Bank Wire
Visa/Mastercard
Withdrawal Time
3 days
Withdrawal Fee
$0
Firstrade
Bank Wire
Visa/Mastercard
Withdrawal Time
2-3 business days
Withdrawal Fee
$30 domestic US, $50 international

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
E*TRADE
Сountry of Origin
United States
Year Founded
1982
Regulated By
FINRA
Firstrade
Сountry of Origin
United States
Year Founded
1985
Regulated By
SEC and FINRA

Customer Service

Customer Service
Phone
Email
Live Chat
 
E*TRADE
Phone
800-387-2331
Email
Email form
Live Chat
Yes
Firstrade
Phone
Yes
Email
Yes
Live Chat
No

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