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Firstrade vs EasyMarkets : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Firstrade

Firstrade

VS
EasyMarkets

EasyMarkets

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

STP broker

Market maker

Years of Existence / Established Year

1985

2001

Customer Base / Number of Accounts

1Million

No information


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Regulation & Security

Regulations (governing bodies)

FINRA, SEC

CySEC, ASIC, FSA, FSC, and FSCA

Awards Won (count for the last 2 years)

Best Online Brokers, Best for Options Traders award.

Best regulated broker Best forex broker- 2024, Best global broker Best fixed spread broker Best competitive spread broker Longest serving broker-2024

Security Measures

SIPC

No

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

No

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

2200+ ETFs including CDs, Treasury bills, Notets and bonds, Primary market CDs, Zeros and strips and more

275+ assets types

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

Yes- Through ETFs

Yes

Cryptocurrencies

Yes- Through ETFs

Yes

CFDs

No

No

ETFs

Yes

No

Stocks

Yes

Yes

Options

Yes

Yes

Futures

No

No

Bonds

Yes

No

Mutual Funds

Yes

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

Yes

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

Yes

No

Equities

No

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

Yes

Yes

cTrader

No

No

Social Trading

No

No

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

Firstrade platform

Easymarket platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Brokerage account- Individual, Joint, Custodial, Retirement- Retirement (Traditional IRA, Roth IRA, SEP IRA), Corporate, Trust, International, Education Planning, Business Planning

Standard, Premium, and VIP

Demo Account (Yes/No)

No

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$0

$25

Leverage Available

No

1:200-1:2000

Trade Limit (maximum per trade)

Depends on asset class

Depends on asset types

Commission (per account type)

$0

$0

Best Suited For (e.g., beginners, experienced traders)

Both beginners and experienced traders

Beginner to experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Wire Fund Transfer, Check deposit, Asset transfer, ACH electronic transfer

Credit/ Debit cards, Wire transfer, Crypto deposit, Online banking- Local bank transfer, e-wallets

Withdrawal Methods

Wire Fund Transfer, Check Deposit, Asset transfer, ACH electronic transfer, Withdrawal of sales proceed

Credit/ Debit cards, Wire transfer, Crypto deposit, Online banking- Local bank transfer, e-wallets

Other E-Wallets Supported

No

Skrill, Neteller, Fasapay, Stic pay, Webmoney, Bit wallet, Perfect Money


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Education Center, Investment Education Videos, Option Guide, Margin Guide, Webinars, Tax center, Blogs, Upcoming IPOs

Learn -Trading Education, Market News and Analysis, Webinars, Trading Guides and eBooks, Video Tutorials, easyMarkets Blog Market Insights


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Fees & Commissions

Trading-Related Fees

Commission for stocks, ETFs, Options, Mutual funds- $0, Fixed income- Treasury Bills, Notes & Bonds, Municipal Bonds, Agency Bonds, Secondary Market CDs, Zeros & Strips- Net yield basis, Primary Market CDs- $30, Broker-Assisted Stock & Options Trades- $19.95 (+$0.50/Contract)

Commission -$0, Spread - ranges from 0.7 pips

Spread (typical, fixed, variable)

Typical

Fixed

Per Lot Fees

NA

NA

Options Contract Fees

$0

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

$0

Maximum Leverage

No

1.2000


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Non-Trading Fees

Dormant Fees

$0

$0

Subscription Fees (for premium features, data feeds)

NA

$0

Advisory Fees

0.20-0.30%

NA

Swap Fees (Overnight Financing)

NA

Yes

Statement or Document Fee

$2-$5

$0

Account Opening Fee

$0

$0

Account Maintenance Fee

$0

$0

Deposit Fee

$0

$0

Currency Conversion Fee

3%

$0

Withdrawal Fee

$25-$75

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

No


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Trading Hours

Trading Hours (for each asset class if applicable)

Pre-Market: 8:00 AM to 9:30 AM ET Regular Market: 9:30 AM to 4:00 PM ET After-Hours: 4:05 PM to 8:00 PM ET

London-New York Overlap 1 pm - 4 pm GMT, The Sydney-Tokyo Overlap 12 am - 5:15 am GMT


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

Monday - Friday,10am - 4pm ET

24/5

Customer Support Methods (phone, email, live chat)

Phone: U.S. Toll Free: 1-800-869-8800, Outside the US: 1-718-961-6600, E-mail, FAQ, Fax: 1-718-961-3919

Live chat, Phone:+357 25 828 899 , E-mail: [email protected]

Support Languages

3

8+


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Additional Information

Headquarters Location

30-50 Whitestone Expwy. Ste. A301 Flushing, NY 11354

Trinity Chambers, PO Box 4301, Road Town, Tortola, British Virgin Island

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
Firstrade is known for competitive pricing on basic trades, especially for beginners. However, easyMarkets fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
The account creation flow at Firstrade is modern and app-driven, making it seamless for new users. easyMarkets, however, leans toward traditional processes with forms and verifications that take more time.
Traders who value simplicity and execution speed may prefer Firstrade platform. Meanwhile, easyMarkets offers more flexibility through tools like advanced order types and multi-screen support.
If you're after professional-grade platforms, Firstrade may be ideal. For casual investors, easyMarkets offers a low-barrier entry.