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What is the minimum deposit at Firstrade?

At Firstrade, the minimum deposit is $0. This means that you can deposit as little money as you wish. After you have completed the registration and verification process, you need to fund your account to start trading.

How secure is Firstrade?

Firstrade servers employ Secure Sockets Layer (SSL) technology and digital certificate services to encrypt all of the information you share with Firstrade. Firstrade reviews are mixed — investors appreciate commission-free trading, but say its interface isn’t intuitive. Firstrade isn’t accredited by the BBB, and it holds an F rating.

How do I start trading with no minimum deposit?

After you have completed the registration and verification process, you need to fund your account to start trading. Brokers that don't require a minimum deposit do so to encourage people to try their services without requiring a large initial commitment. Here's a tip: don't worry if you decide to switch brokers after depositing.

Does Firstrade charge a trading fee?

Uniquely among brokers we review, Firstrade doesn't charge a trading fee on any of the thousands of mutual funds it has on offer. Firstrade customers have access to stocks, bonds, mutual funds, ETFs, options and cryptocurrencies. This investment selection is suitable for most investors; however, you won’t find forex or futures here.

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