Is Firstradestocks.com legit or a scam?
Firstrade stocks is flagged as a low scam under our testing score, this trading website holds a 40–100 trust score. The Firestrade stock scam is engaged in high-risk money frauds, casinos, play currencies, and fake investment plans.
At the same time, the broker also shows its regulations from reputed and top-tier authorities, the SEC and FINRA. Here’s the fact: no cryptocurrency platform will ever demand an advance payment to trade, whether to trade, secure your account, or urge you to buy anything. Just don’t trust them, which are huge scams.
What is firstradestocks.com?
Firstradestocks.com is an online trading broker with impressively low fee cuts. It’s the first US discounted trading broker to offer free stocks, mutual funds, ETFs, and many other trading options.
In short, you’ll get to try all investment goods commission-free through the diversity of Firstrade stocks reviews. The platform raises some red flags but is a decent solution for traders to invest seamlessly and pleasurably in the right stocks and funds.
Details:
| Regulated by: | SEC and FINRA |
| Is This Company Safe? | Yes safe to use, but it is not to invest |
| Known Websites: | https://www.firstrade.com/ |
| Have Warnings from: | N/A |
| Registered in: | New York |
| Operating since: | 1985 |
| Trading Platforms: | Stocks, NYSE, AMEX, Nasdaq |
| Minimum Deposit: | $0.00 |
| Deposit Bonus: | Not available |
| Trading Assets: | Stocks, ETS, funds |
| Free Demo Account: | Not available |
| How to Withdraw from This Company? | Bank transfer, Wire transfer |
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Deposits and Withdrawals:
I sincerely like the user-friendly deposit and withdrawal methods of Firstrade stocks review told us that Transferring money to your account wallet is easy; there are no depositing fees. You can seamlessly use bank transfers and wire transfers for withdrawals. The sad part is that credit and debit card options are unavailable, and bank transfers are for US-based residents, which is a scam.
Account Types
Opening an account is straightforward for national and international users. Although the process is fully digital, it takes 3–7 days. Choose between a brokerage account and a retirement account; these are powerful trading ideas.
Red flags and warning signs:
The Firstradestocks scam owner has chosen to hide his or her identity on WHOIS. The Tranco rank indicates that the website receives relatively low traffic. The server hosting the site also hosts several other websites with low reviews.
This website may offer high-risk financial services or content. Unfortunately, Firstradestocks reviews are negative.
Despite being very young, this website has received many reviews. The site’s data-sensitive services are hosted on a shared server. Finally, Trend Micro does not trust this website.
Read our carefully selected list of 100 top regulated brokers to make Safe investment decisions in legitimate companies.
Customer complaints and negative reviews:
FAQs
What are the hours for Firstrade?
The regular trading hours in the US stock market and Firstrade stocks review at 8 a.m.–8 p.m. ET. These are pre-market and after-market hours; sessions are extended for more amicable trading services.
How do I open a first-trade account?
Opening a first-grade account is wonderfully easy. You can do everything by filling out an online forum digitally. After entering detailed information, you are supposed to send documents via email or fax. The site will review your account request, and ID will proceed with you.
Is Firstrade a Chinese company?
No, first grade is not a Chinese company. Founded in early 1985, Firstrade operated from a New York US broker, but its significant popularity is from Chinese traders.
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