Firstrade
mBank
VS
Higher Rated
Firstrade
Capital at risk · T&Cs apply
Choosing between Firstrade and mBank depends on your trading style, preferred markets, and budget. Firstrade is headquartered in New York, USA, while mBank operates from Warsaw, Poland. Firstrade has the longer track record, established in 1985, compared to mBank which was founded in 2000. 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
mBank
Firstrade is the better choice overall, scoring 3.4/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Firstrade offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Firstrade
3.4 vs 3.3
Lowest Fees
Tied
0 vs 0 pips
Regulation
Firstrade
2 vs 1 licences
Min. Deposit
Tied
$0 vs $0
Firstrade
WinnermBank
Firstrade
Lower feesmBank
Firstrade holds licences from SEC, CFTC. mBank is regulated by KNF.
Both brokers offer access to Stocks, Indices markets. mBank adds Etf, Cfd, Forex.
Firstrade supports Proprietary Web, Proprietary Mobile. mBank offers Proprietary Web, Proprietary Mobile, mBank Trader. Both brokers are available on Proprietary Web, Proprietary Mobile.
Firstrade requires no minimum deposit, while mBank sets no minimum deposit. This makes Firstrade accessible to traders with any budget.
BrokerRank scores Firstrade at 3.41/5 and mBank at 3.27/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Firstrade leads overall with a clear advantage.
Firstrade scores higher overall on our independent rating system. Firstrade holds a 3.4/5 rating vs mBank's 3.3/5. 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 mBank starts at 0 pips. Check the fees section above for a full breakdown.
Firstrade requires a minimum deposit of $0. mBank requires $0.
Firstrade is regulated by SEC, CFTC, while mBank holds licences from KNF.
Firstrade supports Proprietary Web, Proprietary Mobile. mBank supports Proprietary Web, Proprietary Mobile, mBank Trader.
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.