Comparison Firstrade vs HighLow
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Firstrade vs HighLow. Is Firstrade or HighLow a better online broker?
First of all, we’ll compare the commission fees of the two brokers. Let’s analyze the commission fees on trading options. Firstrade has a commission fee of $0, HighLow has a commission fee of none. The full online broker reviews contains more detailed information on the brokers’ commission fees.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided to customers by Firstrade and Options Trading are provided by HighLow. As for platforms, Firstrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while HighLow offers 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. Firstrade was established in 1985 in United States, and it is regulated by SEC and FINRA. And HighLow was established in 2014 in Australia, and it is regulated by ASIC. Withdrawal of funds from Firstrade can be done using Bank Wire with a withdrawal fee of $30 domestic US, $50 international. And HighLow provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of 2% fee on all withdrawals. The time for withdrawal in Firstrade is 2-3 business days, and that one in HighLow is 1 - 3 business days.
As a result, the rating of Firstrade is 3.9 stars versus that of HighLow of 4.6 stars.