Compare Fineco Bank vs Firstrade


Online brokers compared for fees, trading platforms, safety and more. See how Fineco Bank stacks up against Firstrade!

Fineco Bank vs Firstrade
overall rating
4.7
4.4
overall pros
  • Low non-trading fees
  • Great mobile trading platform
  • Rock-solid background
  • Free stock, ETF, fund and options trading
  • Solid research tools
  • Quality educational tools
overall cons
  • Only bank transfer for deposit
  • Limited educational tools
  • Poor charting tools
  • No credit/debit cards and electronic wallets for money transfer
  • You can trade only on US markets
  • No live chat or 24/7 availability
fees
3.5
  • Low non-trading fees
  • Low stock and ETF fees
  • Low fund fees
  • High forex and options fees
  • High fees for CFD overnight positions
4.7
  • Low trading fees
  • Low non-trading fees
  • Free stock, ETF, fund and options trading
  • High margin rates
account opening
4.4
  • Fully digital
  • No minimum deposit
  • Slightly slow account verification
4.4
  • Fully digital
  • No minimum deposit
  • Low minimum deposit
  • Slow account verification
deposit and withdrawal
3.3
  • No deposit fee
  • Several account base currencies
  • Free withdrawal in most cases
  • Credit/Debit card deposit not possible
  • Electronic wallets not accepted
2.0
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • High outgoing wire transfer fee
web trading platform
4.3
  • Good search function
  • Good variety of order types
  • Modern design
  • Limited customizability (for charts, workspace)
4.3
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
mobile trading platform
4.7
  • User-friendly
  • Good search function
  • Modern design
3.3
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • No price alerts
  • Mutual funds and bonds are not covered
desktop trading platform
2.7
  • Good customizability (for charts, workspace)
  • Good search function
  • Not user-friendly
  • No clear fee report available
markets and products
3.8
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
2.8
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
research
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Great screeners
  • Limited interactive charting
4.8
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
customer service
4.0
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
0.3
  • Email support
  • No live chat
  • No 24/7 support
  • Slow support
  • Irrelevant answers
  • Phone support didn't connect anyone
education
3.0
  • Educational videos
  • Webinars
  • No demo account
3.5
  • Trading platform tutorial
  • Educational videos
  • No demo account
  • High level of investor protection
  • Banking background
  • Listed on stock exchange
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Traders and investors looking for a great trading platform and a broker with a solid background Beginners and investors looking for zero-commission trading, focusing on the US market
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