Compare Firstrade vs Trading 212


Online brokers compared for fees, trading platforms, safety and more. See how Firstrade stacks up against Trading 212!

Firstrade vs Trading 212
overall rating
4.5
4.6
overall pros
  • Free stock, ETF, fund, and options trading
  • Solid research tools
  • Quality educational tools
  • Real stocks and ETFs are commission-free
  • Quick and easy account opening
  • Great trading platform
overall cons
  • No credit/debit cards and electronic wallets for money transfer
  • You can trade only on US markets
  • No live chat and 24/7 availability
  • Limited product portfolio
  • Basic tools for fundamental analysis
  • High EURUSD fee
fees
4.5
  • Low trading fees
  • Low non-trading fees
  • Free stock, ETF, fund and options trading
  • High margin rates
4.3
  • Free stock and ETF
  • Low CFD fees
  • No withdrawal and inactivity fee
  • High fees for EURUSD
account opening
4.4
  • Fully digital
  • No minimum deposit
  • Low minimum deposit
  • Slow account verification
4.5
  • Fast
  • Fully digital
  • No minimum deposit
  • Problems with verification
deposit and withdrawal
1.8
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High outgoing wire transfer fee
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Few base currencies available in one country
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
4.4
  • User-friendly
  • Good search function
  • Good customizability (for charts, workspace)
  • No two-step (safer) login
mobile trading platform
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
4.4
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
desktop trading platform
markets and products
2.8
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
3.7
  • Stock
  • ETF
  • Forex
  • CFD
  • Crypto
research
4.8
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
2.8
  • Good interactive chart
  • Trading ideas
  • User-friendly
  • No fundamental data available
  • No/poor quality news flow
customer service
2.9
  • Phone support
  • Relevant answers
  • No live chat
  • No 24/7 support
3.6
  • Phone support
  • Relevant answers
  • 24/7 availability
  • No live chat due to high volume
education
3.5
  • Trading platform tutorial
  • Educational videos
  • No demo account
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No webinars
  • 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
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Beginners and investors looking for zero-commission trading, focusing on the US market Active CFD and FX traders, and investors preferring intuitive trading platforms
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