Firstrade
TradeStation
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Beginners and investors looking for zero-commission trading, focusing on the US market
Recommended for Traders focusing on US markets and buy-and-hold investing
Best crypto broker
USA
USA
Fees
Low trading and non-trading fees, free stock, ETF, fund and options trading
Low trading fees, average non-trading fees, free stock and ETF trading for US customers
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
1
9
Deposit type
Withdrawal type
Account opening
$0
$0
1-3 days
1 day
Proof of identity: SSN / passport / national ID card / driver's license
Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Research, education
Great
Great
Customer service
Security
$500,000 (securities up to $500,000, cash up to $250,000)
$500,000 (securities up to $500,000, cash up to $250,000)
1985
1982
USA
USA
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Firstrade's service is on par with TradeStation's and a comparison of their fees shows that Firstrade's fees are similar to TradeStation's.
Account opening takes somewhat more effort at Firstrade compared to TradeStation, deposit and withdrawal processes are about the same quality at Firstrade, while customer service quality is considerably lower than TradeStation's.
Our experts rated the trading platform of Firstrade as being of the same quality as the platform of TradeStation, found that clients have access to about the same number of markets and products with Firstrade, while TradeStation provides somewhat lower-quality research and education.
More alternatives to Firstrade and TradeStation