Say Hello to our biggest update yet: Firstrade 3.3.9 for Android and iOS

We're excited to announce that Firstrade version 3.3.9 for Android and iOS is here! This latest update is designed to help you trade smarter and give you more speed and flexibility in the way you trade with Firstrade. 

We’re introducing changes to our trading interface that active and options traders will love, as well as improvements based on customer feedback and your most-requested features. 

Android users will see major changes to the app, while iOS users who have been enjoying version 3.3 for a few months now will be able to add more customization to their account settings.

Here are some highlights:

Portfolio & Watchlist

Improved Indices
Minimize feature lets you view more holdings at once.

Redesigned Account Value Module
New pie chart and account funding shortcut makes account management a breeze. Customize your viewing experience
with the show/hide icon.

Consolidated Positions Table
See all your data in one row (including price, trade volume, day change, etc.) using horizontal scrolling and group positions alphabetically or by asset type.

New Action Menus
Contextual menus gives you fast access to research and trading

Advanced Account Settings

Skip “Preview” Order
Ability to place stock and single-leg options orders without previewing (recommended for advanced users only)

Set Default Actions
Set your preferred transaction or order type defaults for stock and single-leg options orders

Apply for Trading Privileges
Request for margin or options trading privileges right from the app.

Options Trading Reimagined

Redesigned Options Chain
View Calls, Puts and additional data points, all on the same screen.

New Risk/Reward Profile
View your potential maximum gain or loss on the order summary screen.

Close Complex Options Positions with Ease
The app now finds the correct combinations for you based on your chosen strategy – there’s no need to select each leg separately.

New Quick Edit Button
Change the quantity and net price of your open complex options orders on the fly, allowing you to skip the Review screen — so you can react instantly to market fluctuations.

If you’d like to learn more about our new app, check out these videos. Happy investing!

Top 25 Most Traded Stocks by Investors at Firstrade in September

1. Tesla Inc. (TSLA)

2. Apple Inc. (AAPL)

3. NVIDIA Corp. (NVDA)      

4. Advanced Micro Devices (AMD)        

5. Taiwan Semiconductor Mfg. Co. Ltd. (TSM)        

6. Nio Inc (NIO)       

7. Microsoft Corporation (MSFT)      

8. Zoom Video Communications Inc (ZM)

9. Facebook Inc. (FB)   

10. Amazon.com Inc. (AMZN)       

11. Boeing Co. (BA)

12. Square Inc. (SQ)        

13. AT&T Inc. (T)

14. Intel Corporation (INTC)       

15. Carnival Corp. (CCL)       

16. American Airlines Group (AAL)     

17. Fastly Inc. (FSLY)

18. Peloton Interactive Inc. (PTON)

19. Nikola Corporation (NKLA)

20. Alibaba Group Holding Ltd. (BABA)

21. Exxon Mobil Corporation (XOM)

22. Workhorse Group Inc. (WKHS)

23. Beyond Meat Inc. (BYND)

24. Eastman Kodak Company (KODK)

25. Bank of America Corp. (BAC)

Trade Options with Confidence at Firstrade

Options are an important part of an investor’s toolbox, and Firstrade has partnered with OptionsPlay to give our clients access to a full suite of options analytics tools and weekly options education events for free.

Firstrade clients can access comprehensive education and analytics to help them learn and execute options with confidence. Options trading can carry a high amount of risk and the complexities can be daunting for many beginners – Firstrade aims to make it easier for investors to advance their options knowledge by teaching strategies with best practices in mind, and by providing trading reports and ideas that would work for any portfolio.

The Firstrade Options Wizard platform provides instant feedback and analysis for up to 3 different option strategies, side by side. With access to over 65 technical indicators, profit and loss simulations, 40+ complex strategies, strategy checklists and much more, this tool is a must-have for options investors of all experience levels.

Option Wizard, powered by OptionsPlay
This options strategy tool takes the complexity out of idea generation and options strategies analysis. With an interactive, easy to use user interface, investors can effortlessly compare different option strategies while adjusting for different price targets, implied volatility and expiry dates. The charting tool displays support and resistance zones, trend analysis and overbought/oversold levels and price action analysis to help you gauge the directional movement of a stock at a single glance.

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Educational Webinars
Take your trading to the next level with our Bi-Weekly Educational Webinars. Join Tony Zhang, Chief Strategist at OptionsPlay and CNBC's Options Action Contributor, on Wednesdays at 4:15 PM EST to learn all options strategies, concepts and best practices. With topics ranging from Using Options to Hedge your Portfolio to Maximizing Technical Analysis for Security Selection, our educational webinars will help you get the most out of your trading! Register for the next education event here.

Weekly Market Outlook Sessions
Keeping up to date with what's happening in the markets is vital for an investor. Join us every Tuesday at 8:30 AM EST for the Weekly Market Outlook Session where Tony Zhang will catch you up to speed with the technical levels and economics that are impacting markets. We discuss the broad market overview, sector analysis, trade ideas and symbols of interest. You will also have the opportunity to ask Tony any questions you may have regarding the broader markets and trading strategies. These events are not to be missed so be sure to book your spot here.

Sign-up to get weekly trade ideas
For investors seeking income from their portfolios, options provide a unique opportunity to generate income on your equity investments through covered calls and cash secured puts. Receive OptionsPlay’s weekly optimized Covered Call and Short Put reports to understand the best income opportunities each week. Each income report will help you find the income strategy that is right for your portfolio by analyzing over 500 symbols' strike prices, expiration dates and implied volatilities. You will also receive 2 trade ideas - one bullish and one bearish, each week on Friday’s. Open an account and get access to our weekly options newsletter here.

Trade with Confidence
Whether you are a complete beginner, or an experienced options trader, we have the tools to help you learn and execute your trades with confidence. Learn how our award-winning platform can help you manage your portfolio by using options here.

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Options trading involves risk and is not suitable for all investors. Options trading privileges are subject to Firstrade review and approval. Please review the Characteristics and Risks of Standardized Options brochure and the Supplement before you begin trading options.

Get ready for a lot of IPOs this week.

The IPO market hasn’t been this busy since 2014, with 16 companies expected to launch their IPOs this week. Planned proceeds are anticipated to be around $7.8 billion, which will be the biggest week since May 2019 when Uber went public.

The list includes Snowflake Inc. (SNOW), a cloud company with a proposed price range of $100 to $110 for its initial public offering. The company is planning to offer 28 million shares to raise up to $3.08 billion, which would make it the biggest deal of the year and the largest software IPO of all time. Here’s the full list of IPOs expected from Sept 16-18.

9/16/2020

Snowflake Inc. (SNOW)
Market: NYSE
Price: 100.00-110.00
Shares: 28,000,000
Offer Amount: $3,542,000,0000

JFrog Ltd (FROG)
Market: NASDAQ Global Select
Price: 39.00-41.00
Shares: 11,568,218
Offer Amount: $545,441,450.000

StepStone Group Inc. (STEP)
Market: NASDAQ Global Select
Price: 15.00-17.00
Shares: 17,500,000
Offer Amount: $342,125,0000

Metacrine, Inc. (MTCR)
Market: NASDAQ Global
Price: 12.00-14.00
Shares: 6,540,000
Offer Amount: $105,294,0000

9/17/2020

Alpha Healthcare Acquisition Corp. (AHACU)
Market: NASDAQ Capital
Price: 10.00
Shares: 10,000,000
Offer Amount: $115,000,0000

Dyne Therapeutics, Inc. (DYN)
Market: NASDAQ Global
Price: 16.00-18.00
Shares: 10,300,000
Offer Amount: $213,210,000.000

Vitru Ltd (VTRU)
Market: NASDAQ Global Select
Price: 22.00-24.00
Shares: 11,230,126
Offer Amount: $309,951,4560

American Well Corp (AMWL)
Market: NYSE
Price: 14.00-16.00
Shares: 35,000,000
Offer Amount: $644,000,000.000

Broadstone Net Lease, Inc. (BNL)
Market: NYSE
Price: 17.00-19.00
Shares: 33,500,000
Offer Amount: $731,975,0000

Pactiv Evergreen Inc. (PTVE)
Market: NASDAQ Global Select
Price: 18.00-21.00
Shares: 41,026,000
Offer Amount: $990,777,9000

Sumo Logic, Inc. (SUMO)
Market: NASDAQ Global Select
Price: 17.00-21.00
Shares: 14,800,000
Offer Amount: $357,420,000.000

9/18/2020

Unity Software Inc. (U) / NYSE
Market: NYSE
Price: 34.00-42.00
Shares: 25,000,000
Offer Amount: $1,207,500,000.000

Athira Pharma, Inc. (ATHA)
Market: NASDAQ Global
Price: 15.00-17.00
Shares: 10,000,000
Offer Amount: $195,500,0000

Top 25 Most Traded Stocks at Firstrade in August

Firstrade investors once again favored tech stocks last month. The top stocks were Tesla and Apple, who both split their stocks on August 31st.

Here’s the full list:

1. Tesla Inc. (TSLA)

2. Apple Inc. (AAPL)

3. Nio Inc (NIO)       

4. Advanced Micro Devices (AMD)        

5. Taiwan Semiconductor Mfg. Co. Ltd. (TSM)        

6. Microsoft Corporation (MSFT)      

7. Boeing Co. (BA)

8. NVIDIA Corp. (NVDA)      

9. Fastly Inc. (FSLY)

10. Intel Corporation (INTC)       

11. Facebook Inc. (FB)   

12. Square Inc. (SQ)        

13. American Airlines Group (AAL)     

14. Amazon.com Inc. (AMZN)       

15. Moderna Inc. (MRNA)       

16. Occidental Petroleum Corporation (OXY)        

17. Carnival Corp. (CCL)       

18. Teladoc Health Inc. (TDOC)

19. Alteryx Inc. (AYX)

20. Walt Disney Co. (DIS)

21. Bigcommerce Holdings, Inc. (BIGC)

22. Bank of America Corp. (BAC)

23. Alibaba Group Holding Ltd. (BABA)

24. Eastman Kodak Company (KODK)      

25. Sea Ltd. (SE)