Firstrade
LHV
VS
Higher Rated
Firstrade
Capital at risk · T&Cs apply
Choosing between Firstrade and LHV depends on your trading style, preferred markets, and budget. Firstrade is headquartered in New York, USA, while LHV operates from Tallinn, Estonia. Firstrade has the longer track record, established in 1985, compared to LHV which was founded in 1999. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Firstrade
LHV
| Firstrade | LHV | |
|---|---|---|
| BrokerRank Score | 3.4/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:2 | 1:5 ✓ |
| Regulation | SEC, CFTC | Finantsinspektsioon, FCA |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, LHV Broker |
Firstrade is the better choice overall, scoring 3.4/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Firstrade offers lower spreads (0 pips).
See full side-by-side comparison belowFirstrade
WinnerLHV
Firstrade
LHV
Firstrade holds licences from SEC, CFTC. LHV is regulated by FCA, Finantsinspektsioon.
Both brokers offer access to Stocks, Indices markets. LHV adds Etf, Crypto.
Firstrade supports Proprietary Web, Proprietary Mobile. LHV offers Proprietary Web, Proprietary Mobile, LHV Broker. Both brokers are available on Proprietary Web, Proprietary Mobile.
Firstrade requires no minimum deposit, while LHV sets no minimum deposit. This makes Firstrade accessible to traders with any budget.
BrokerRank scores Firstrade at 3.41/5 and LHV at 3.36/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Firstrade leads overall with a clear advantage.
Firstrade
3.4/5
Choose Firstrade if you want…
LHV
3.4/5
Choose LHV if you want…
Firstrade scores higher overall on our independent rating system. Firstrade holds a 3.4/5 rating vs LHV's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Firstrade offers spreads from 0 pips, while LHV starts at 0 pips. Check the fees section above for a full breakdown.
Firstrade requires a minimum deposit of $0. LHV requires $0.
Firstrade is regulated by SEC, CFTC, while LHV holds licences from Finantsinspektsioon, FCA.
Firstrade supports Proprietary Web, Proprietary Mobile. LHV supports Proprietary Web, Proprietary Mobile, LHV Broker.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.