Futu (Moomoo) vs Firstrade 2026: Which Broker is Better?
Choosing between Futu (Moomoo) and Firstrade depends on your trading style, preferred markets, and budget. Futu (Moomoo) is headquartered in Hong Kong, China, while Firstrade operates from New York, USA. Firstrade has the longer track record, established in 1985, compared to Futu (Moomoo) which was founded in 2012. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Futu (Moomoo)
Firstrade
| Futu (Moomoo) | Firstrade | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 ✓ | 1:2 |
| Regulation | SFC, SEC, MAS ✓ | SEC, CFTC |
| Platforms | Moomoo, Futu NiuNiu | Proprietary Web, Proprietary Mobile |
Futu (Moomoo) is the better choice overall, scoring 3.7/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Futu (Moomoo) offers lower spreads (0 pips).
See full side-by-side comparison belowFutu (Moomoo) vs Firstrade: Key Differences
Futu (Moomoo)
WinnerFirstrade
Still deciding between Futu (Moomoo) and Firstrade?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
Futu (Moomoo)
Firstrade
Regulation & Trust
Futu (Moomoo) holds licences from SEC, MAS, SFC. Firstrade is regulated by SEC, CFTC.
Markets & Assets
Both brokers offer access to Stocks markets. Futu (Moomoo) additionally covers Etf, Options, Futures, Crypto. Firstrade adds Indices.
Trading Platforms
Futu (Moomoo) supports Moomoo, Futu NiuNiu. Firstrade offers Proprietary Web, Proprietary Mobile.
Minimum Deposit
Futu (Moomoo) requires no minimum deposit, while Firstrade sets no minimum deposit. This makes Futu (Moomoo) accessible to traders with any budget.
Overall Ratings
BrokerRank scores Futu (Moomoo) at 3.72/5 and Firstrade at 3.41/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Futu (Moomoo) leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Futu (Moomoo)
3.7/5
Choose Futu (Moomoo) if you want…
- Higher overall rating (3.7/5)
- Higher leverage (up to 1:5)
- More regulatory licences (3)
- More market types (5)
Firstrade
3.4/5
Choose Firstrade if you want…
- More established (est. 1985)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both Futu (Moomoo) & Firstrade are available in
Frequently Asked Questions
1Is Futu (Moomoo) better than Firstrade?
Futu (Moomoo) scores higher overall on our independent rating system. Futu (Moomoo) holds a 3.7/5 rating vs Firstrade's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Futu (Moomoo) or Firstrade?
Futu (Moomoo) offers spreads from 0 pips, while Firstrade starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Futu (Moomoo) vs Firstrade?
Futu (Moomoo) requires a minimum deposit of $0. Firstrade requires $0.
4Which broker is safer, Futu (Moomoo) or Firstrade?
Futu (Moomoo) is regulated by SFC, SEC, MAS, while Firstrade holds licences from SEC, CFTC.
5What trading platforms do Futu (Moomoo) and Firstrade support?
Futu (Moomoo) supports Moomoo, Futu NiuNiu. Firstrade supports Proprietary Web, Proprietary Mobile.
6Can I use both Futu (Moomoo) and Firstrade?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
Related Guides
More Comparisons
BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across our broker database
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Featured
Deriv
4.0Capital at risk · T&Cs apply
