Tradier Brokerage vs Firstrade

Tradier Brokerage vs Firstrade Comparison Table 2024
Tradier Brokerage Firstrade
3

Tradier Brokerage is #35 in our broker rankings.

4

Firstrade is #24 in our broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

Tradier Brokerage is a US-headquartered and regulated broker specializing in stocks and options. The brand integrates with 100+ platforms, alongside its own customizable web solution, and has 1+ billion API calls per month. With low fees and margin rates, Tradier Brokerage has proven popular with active traders.

Firstrade is a US-headquartered discount broker-dealer with authorization from the SEC. The company is also a member of FINRA/SIPC. With welcome bonuses, powerful tools and apps, plus commission-free trading, Firstrade Securities is a popular online brokerage. It is also quick and easy to open a new account.

Bonus Offer
Deposit Bonus Up To $4000
Comment by Reviewer
"Tradier Brokerage is best suited to experienced investors looking for low costs in return for high trading volumes on stocks, options and ETFs." "We recommend Firstrade for beginner investors looking to trade US stocks with no commissions. There is a wealth of free education plus premium-quality research and trading ideas from Morningstar, Briefing.com, Zacks and Benzinga."
Pros
  • Commission-free stock and ETF trading plus low commissions for options
  • Secure operations and protocols to protect against hacks, including 2FA
  • Ability to customize platforms using APIs
  • Low minimum investment requirement
  • Social trading via third-party providers
  • Diverse range of platform options
  • Competitive margin rates
  • Takeover queues
  • 401k solutions
  • SIPC member
  • Low OTC fees
  • Crypto trading
  • Premarket trading
  • Accepts US traders
  • No minimum deposit
  • Commission-free investing
  • Regulated by SEC and FINRA
  • Multiple customer support options
  • Access to education, research, and tools
  • Stop limit and trailing stop orders supported
  • Mobile app with advanced features and analysis
Cons
  • Complex platforms that aren't best for beginners
  • Advanced services have additional charges
  • High IRA and mutual fund fees
  • No cash management accounts
  • No copy trading
  • Some withdrawal fees
  • No 24/7 customer support
  • No forex or futures trading
  • No demo/paper trading account
  • Visa Credit/debit card deposits and withdrawals not accepted
Awards
  • Best for ETF & Active Investor Commission & Fees - 2019
Instruments
Stocks, ETFs, Futures, Options Stocks, ETFs, Options, Mutual Funds, Bonds, Cryptos, Fixed
Demo Account
Yes No
Minimum Deposit
$0 $0
Trading Platforms
  • eSignal
  • Own
Payment Methods
Minimum Trade
0.01 Lots $1
Regulator
SEC, FINRA SEC, FINRA
Margin Trading
Yes Yes
Margin Rate
5.25 4.50%
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
Copy Trading
No No
Social Trading
Yes No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No Yes
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No No
Account Currencies
  • USD
  • USD
Stock Exchanges
Cryptocurrency
Crypto trading not offered Take positions on dozens of leading cryptocurrencies with low fees and 24/7 investing. Traders need just $1 to start speculating on popular tokens like Bitcoin. Clients can also buy cryptos instantly in a few straightforward steps.
Spread
Variable
Coins
  • ALGO
  • AVAX
  • BAT
  • BTC
  • BCH
  • ADA
  • LINK
  • ATOM
  • CRO
  • CRV
  • MANA
  • DOGE
  • ETH
  • ETC
  • FTM
  • LTC
  • LRC
  • MATIC
  • REN
  • SHIB
  • SOL
  • XLM
  • SUSHI
  • GRT
  • UNI
  • YFI
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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