Firstrade
Robinhood
VS
Higher Rated
Robinhood
Capital at risk · T&Cs apply
In the realm of online trading, Firstrade and Robinhood both offer zero commission trading and cater to distinct trader profiles. Firstrade, established in 1985, appeals to international investors and those valuing a long-standing presence, benefiting from zero commissions on stocks, ETFs, and options, albeit with a more traditional platform. Conversely, Robinhood, founded in 2013, attracts US-based, tech-savvy individuals with its mobile-first approach and inclusion of crypto trading, despite its limited research tools and past controversies. Each platform presents unique features tailored to different investment needs and preferences.
Firstrade
Robinhood
| Firstrade | Robinhood | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 3.6/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:2 ✓ | 1:1 |
| Regulation | SEC, CFTC | SEC, CFTC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Robinhood is the better choice overall, scoring 3.6/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Firstrade offers lower spreads (0 pips).
See full side-by-side comparison belowFirstrade
Robinhood
WinnerFirstrade
Robinhood
Firstrade
3.4/5
Choose Firstrade if you want…
Robinhood
3.6/5
Choose Robinhood if you want…
Robinhood scores higher overall on our independent rating system. Firstrade holds a 3.4/5 rating vs Robinhood's 3.6/5. 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 Robinhood starts at 0 pips. Check the fees section above for a full breakdown.
Firstrade requires a minimum deposit of $0. Robinhood requires $0.
Firstrade is regulated by SEC, CFTC, while Robinhood holds licences from SEC, CFTC.
Firstrade supports Proprietary Web, Proprietary Mobile. Robinhood supports Proprietary Web, Proprietary Mobile.
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.