Firstrade Named Best for Active Traders, Commissions and Fees, and ETFs by Kiplinger’s Personal Finance

Our customers know best.  They choose Firstrade.  For that, we thank you. 

Today, Kiplinger’s Personal Finance announced its Best Online Brokers of 2019 and Firstrade ranked as a best broker for Active Traders and the number one choice for best commissions and fees and for ETFs. We also ranked third, among ten other brokers, as best for investment choices.

Kiplinger’s editor Mark Solheim explains it best, “As investor needs and preferences change, brokerages are adapting. Our 2019 online broker ranking recognizes that no brokerage can hit the bull’s-eye for every type of client -- and that the firm with the broadest appeal may not meet every investor’s specific needs. But ultimately, we favored firms that could do the most for the broadest range of investors.”

Firstrade is the only online broker offers commission-free trading for stocks, ETFs, options, and mutual funds. We invite you to further explore the many offerings that Firstrade provides, including retirement products like IRA’s, and Dividend Reinvestment Program (DRIP). Our powerful new mobile apps for Android and iOS devices free you from your desktop and make trading anywhere, any time.

We’re excited to share this news with you.  At Firstrade, our first priority is to our customers.  We will continue to provide you with the best trading tools and great customer support.

Summertime, and the Investin’ is Easy ….


Wherever you are this summer and whatever you’re doing, don’t forget to pack your app! You can enjoy your summer and keep track of your portfolio at the same time with Firstrade’s new mobile app, now available for both iOS and Android devices.

We’ve been getting great feedback from customers on how the app is making it easier than ever to monitor the market, explore investment ideas and make trades in just seconds … wherever and whenever.


See here to learn more or download the iOS or Android app now!

Enjoy the rest of your summer and stay tuned for more great innovations from Firstrade!

New Trading App is Live Today for Android Users!

Thanks for waiting Android users, but the wait is over!

An Android version of Firstrade’s newly redesigned and rebuilt trading app is live today! Simply go to the Google Play Store to download the new app now to make trading and managing your account even easier and faster than ever.

We’ve received great feedback from iOS users so far—now it’s time for Android folks to join the party.

Firstrade’s powerful new and secure app gives customers the ability to monitor the market, explore investment ideas and trade in seconds wherever— and whenever— they want. Its enhanced trading screen streamlines and simplifies order entries with effortless access to trading tools, market data and research.

The new Firstrade trading app takes virtually all the functionality of our great web platform and puts it on your smartphone. Our new design makes it fun and simple to use with faster access to news, charts and trading tools.   

Here are some of the highlights of the new app:

·       Swipe left to quickly Buy or Sell right from the Positions page or Watchlist

·       Intuitive, user-friendly buy/sell interface enabling trades in seconds

·       Transfer funds to and from your banking institution

·       Charts can be converted to landscape mode with indicator overlays

·       All single and multi-leg options strategies available

·       Access to financial research, data and event calendars

·       Real time market data and news feed

·       Complete control over multiple accounts

·       8 AM to 8 PM extended hours trading

·       Easy to open a no-fee IRA account

·       Instantly review portfolio dashboard

·       All products and services consolidated in one account

Go here to sign up now! And let us know what you think.

Investors Can Earn More with a Free Dividend Reinvestment Plan at Firstrade

Drip, drip, drip … that’s the sound of a leaky faucet, ugh. Time to call the plumber. But when is a drip ever a good thing?

When it’s a Firstrade no-fee DRIP!

Firstrade is among the few brokers offering a Dividend Reinvestment Plan (DRIP) and it’s a great way to reinvest your money! You can sign up for free and automatically accumulate additional shares every time you receive a dividend from a particular stock or multiple stocks. You can enroll either a single eligible stock or all eligible stocks in your portfolio, your choice.

Not only can you profit from the growth of the stock, but you can also reap the benefits of compounding returns. All without having to place an order or worry about commissions—it’s an automatic and seamless process for investors. Here’s how the Dividend Reinvestment Plan works:

When you receive dividends from a stock in your portfolio, Firstrade will automatically purchase additional shares of the stock using the dividend amount. For example, if stock XYZ was trading at $10 a share and you receive $25 in dividends, 2.5 shares of XYZ will be added to your positions.

Over the long haul, financial experts cite participating in a DRIP as a great way to increase the value of an initial investment by allowing the compounding returns to do much of the work. Investors can use a DRIP for most stocks and ETFs offered by Firstrade.

Firstrade customers now have even more reasons to consider adding a DRIP to their portfolios. Firstrade just recently launched its completely redesigned trading app—and you can now monitor your DRIP activity right from the app!

Sign up and learn more about Firstrade’s Dividend Reinvestment Plan at our website.

You’ll be glad you did.

Investing 101: The Basics for the Do-It-Yourself (DIY) Investor

Are you new to investing?

Or fairly new?

Do you want to learn more?

Well, we can help you get started with some investing basics. While investing your hard-earned money may seem daunting and complex at first, the good news is that building and managing your money has never been simpler for the DIY investor. Long gone are the days when you needed a broker to make trades for you. Today, with online trading and mobile apps, executing trades are just a seamless click or swipe away.

And, at Firstrade, our free commissions really make it easy to trade and build your investment portfolio.

So, let’s begin with some basic questions:

What’s my budget?

In other words, how much money do you want to invest? That’s a highly subjective decision that only you can make but understand that you can always start with a relatively small amount and then increase it as you make more money and your comfort level grows.

What are the basics?

At the very least, take some time to learn about the fundamentals. What’s the difference between an individual stock and a mutual fund? What’s an option? An exchange-traded fund? Go to our education page on our website for all the answers (link here)

What are my goals?

While all investors want to make money, every investor’s personal circumstances are different. What your particular goals are will help you decide how you invest. For instance, if you’re young and want to start growing your money to save your first home, you may want to invest more aggressively. If you’re older and worrying about building your retirement nest egg, tax-deferred investing may be your best route. Your age, your income, your family situation and your personal lifestyle will all be factors in determining your strategies and investment vehicles.

What’s my investing style?

How much of a risk taker are you? What level of risk makes you comfortable? What will keep you up at night?

Again, these are personal decisions that you must make to help you decide whether you are going to be a conservative or aggressive investor, or somewhere in between.

How do I choose my investments?

Once you’ve learned the basics, established your initial budget, developed your goals and figured out your risk tolerance, next you have to start choosing your investments, which will be based on how you answered the questions above. It will be equally important for you to understand the principle of diversification. You’ll want to avoid “putting all your eggs in one basket” by diversifying in different stocks, funds, asset classes and industries.

While there’s certainly so much more to discuss beyond these investing basics, we just wanted to give you some food for thought as you begin your investing journey. Firstrade has many tools and resources available to you to get your on your way to building your investment portfolio and beginning to secure your financial future.

For more details about getting started with Firstrade and to learn more, go to our website.