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Firstrade vs Chase You Invest Trade 2019

The StockBrokers.com annual review (9 years running) takes six months to complete and produces over 30,000 words of research each year. Here's how we test.

Is Firstrade better than Chase You Invest Trade? After scoring brokers in nine separate categories for our 2019 review, Firstrade (67.1%) is better than Chase You Invest Trade (45.51%). Founded in 1985, Firstrade has a long history of providing value for its customers. Known for its easy-to-use website, Firstrade offers $0 stock and options trading. Firstrade offers Morningstar research; however, its trading platform struggles to stand out against industry leaders.

Special Offer Commission-Free Trading on 700+ ETFs Open Account
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Open Account Open Account

Overall Rating

Feature Firstrade Chase You Invest Trade
Overall 3.5 2.5
Firstrade Review Chase You Invest Trade Review

Trading Fees

Feature Firstrade Chase You Invest Trade
Minimum Deposit $0.00 $0.00
Stock Trade Fee (per trade) $0.00 $2.95
ETF Trade Fee $0.00 $2.95
Options Base Fee $0.00 N/A
Options Per Contract Fee $0.00 N/A
Mutual Fund Trade Fee $0.00 $0.00
Broker Assisted Trades Fee $19.95 $25.00
Commissions & Fees 4 4.5
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Margin Rates

Feature Firstrade
Open Account
Chase You Invest Trade
Open Account
Under $24,999.99 9.50% N/A
$25,000.00 to $49,999.99 9.00% N/A
$50,000.00 to $99,999.99 8.50% N/A
$100,000.00 to $249,999.99 8.00% N/A
$250,000.00 to $499,999.99 7.75% N/A
$500,000.00 to $999,999.99 6.00% N/A
Above $1,000,000.00 5.25% N/A
Commissions & Fees 4 4.5
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Account Fees

Feature Firstrade Chase You Invest Trade
IRA Annual Fee $0.00 $0.00
IRA Closure Fee $0.00 $75.00
Returned ACH Fee $50.00 N/A
Returned Wire Fee $50.00 N/A
Stock Certificate Processing Fee $300.00 N/A
Stock Certificate Delivery Fee $300.00 N/A
Paper Statement Fee $5.00 $6.00
Paper Confirmation Fee $3.00 N/A
Domestic Wire Fee $30.00 $30.00
International Wire Fee $50.00 $30.00
Commissions & Fees 4 4.5

Investment Options

Feature Firstrade Chase You Invest Trade
Stock Trading
Yes Yes
OTCBB / Pink Sheets
Yes No
Options Trading
Yes No
Complex Options Max Legs
2 0
Futures Trading
No No
Forex Trading
No No
Commission-Free ETFs all 0
Mutual Funds (No Load)
5234 2700
Mutual Funds (Total)
12603 2700
Bonds (US Treasury)
Yes Yes
Bonds (Corporate)
Yes Yes
Bonds (Municipal)
Yes Yes
Advisor Services
No Yes
International Trading
No No
Offering of Investments 3.5 2
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Order Types

Feature Firstrade Chase You Invest Trade
Order Type - Market
Yes Yes
Order Type - Limit
Yes Yes
Order Type - Stop
Yes Yes
Order Type - Trailing Stop
Yes No
Order Type - Contingent
Yes No
Order Type - MultiContingent
Yes No
Order Type - OCO
Yes No
Order Type - OTO
Yes No
Order Type - OTOCO
No No
Offering of Investments 3.5 2
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Trading Platforms

Feature Firstrade Chase You Invest Trade
Desktop Platform (Windows)
No No
Desktop Platform (Mac)
No No
Web Platform
Yes Yes
Paper Trading
No No
Trade Journal
No No
Watch Lists - Total Fields
13 4
Two-Factor Authentication Login
No No
Heat Mapping
Yes No
Platforms & Tools 2 1
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Charting Features

Feature Firstrade Chase You Invest Trade
Charting - Trade Off Chart
No No
Charting - Indicators / Studies
58 21
Charting - Drawing Tools
5 0
Charting - Historical Trades
No No
Charting - Corporate Events
Yes Yes
Charting - Automated Analysis
No No
Charting - Save Profiles
No No
Charting - Study Customizations
6 0
Charting - Custom Studies
No No
Platforms & Tools 2 1
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Day Trading

Feature Firstrade Chase You Invest Trade
Stock Alerts - Basic Fields
Yes No
Stock Alerts - Advanced Fields
No No
Streaming Time & Sales
No No
Streaming TV
No No
Direct Market Routing - Stocks
No No
Direct Market Routing - Options
No No
Ladder Trading
No No
Trade Hot Keys
No No
Level 2 Quotes - Stocks
No No
Level 2 Quotes - Options
No No
Trade Ideas - Backtesting
No No
Short Locator
No No
Client Liquidity Rebates
No No
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Mobile Trading Apps

Feature Firstrade Chase You Invest Trade
iPhone App
Yes Yes
Android App
Yes Yes
Apple Watch App
No No
Trading - Stocks
Yes Yes
Trading - After-Hours
Yes No
Trading - Conditional Orders
No No
Trading - Mutual Funds
No Yes
Trading - Simple Options
Yes No
Trading - Complex Options
No No
Trading - Option Rolling
No No
Touch / Face ID
Yes Yes
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Mobile App Features

Feature Firstrade Chase You Invest Trade
Watch List Syncing
Yes No
Stock Alerts - Basic Fields
No No
Charting - After Hours
No No
Charting - Drawing
No No
Charting - Study Customizations
Yes No
Customizable Homescreen
No No
Heatmapping
No No
Stream Live TV
No No
Barcode Lookup
No No
Mobile Trading 3.5 2
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Research Overview

Feature Firstrade Chase You Invest Trade
Research - Stocks
Yes Yes
Research - ETFs
Yes Yes
Research - Mutual Funds
Yes Yes
Research - Pink Sheets / OTCBB
Yes No
Research - Fixed Income
Yes No
Screener - Stocks
Yes Yes
Screener - ETFs
Yes Yes
Screener - Mutual Funds
Yes Yes
Screener - Options
No No
Screener - Bonds
Yes No
Misc - Portfolio Builder
No No
Misc - Portfolio Allocation
Yes Yes
Research 4 2.5
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Stock Research

Feature Firstrade Chase You Invest Trade
Stock Research - Reports
1 1
Stock Research - Earnings
Yes No
Stock Research - Insiders
Yes No
Stock Research - Metric Comp
Yes No
Stock Research - SEC Filings
Yes No
Stock Research - Social
No No
Stock Research - Balance Sheet
Yes No
Stock Research - Cash Flows
Yes No
Stock Research - News
Yes Yes
Stock Research - ESG
No No
Research 4 2.5
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ETF Research

Feature Firstrade Chase You Invest Trade
ETFs - Strategy Overview
Yes No
ETFs - Top 10 Holdings
Yes Yes
ETFs - Sector Exposure
Yes Yes
ETFs - Risk Analysis
Yes No
ETFs - Performance Analysis
Yes No
ETFs - Ratings
Yes No
ETFs - Morningstar StyleMap
Yes Yes
ETFs - Reports
Yes No
Research 4 2.5
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Mutual Fund Research

Feature Firstrade Chase You Invest Trade
Mutual Funds - Strategy Overview
Yes No
Mutual Funds - Prospectus
Yes No
Mutual Funds - Reports
No No
Mutual Funds - Fees Breakdown
Yes No
Mutual Funds - Top 10 Holdings
Yes Yes
Mutual Funds - Asset Allocation
Yes Yes
Mutual Funds - Sector Allocation
Yes Yes
Mutual Funds - Country Allocation
Yes Yes
Mutual Funds - StyleMap
Yes Yes
Mutual Funds - 3rd Party Ratings
Yes No
Research 4 2.5
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Options Trading

Feature Firstrade Chase You Invest Trade
Option Chains - Streaming
No No
Option Chains - Total Columns
8 3
Option Chains - Greeks
5 0
Option Chains - Quick Analysis
No No
Option Analysis - P&L Charts
No No
Option Probability Analysis
No No
Option Probability Analysis Adv
No No
Option Positions - Greeks
No No
Option Positions - Adv Analysis
No No
Option Positions - Rolling
Yes No
Option Positions - Grouping
No No
Platforms & Tools 2 1
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Beginners

Feature Firstrade Chase You Invest Trade
Has Education - Stocks
Yes Yes
Has Education - ETFs
No No
Has Education - Options
Yes No
Has Education - Mutual Funds
No No
Has Education - Fixed Income
No No
Has Education - Retirement
Yes Yes
Paper Trading
No No
Videos
Yes Yes
Webinars (Monthly Avg)
5 0
Webinars (Archived)
Yes No
Live Seminars
No No
Progress Tracking
No No
Interactive Learning - Quizzes
No No
Investor Magazine
No No
Education 3 2.5
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Banking

Feature Firstrade Chase You Invest Trade
Retail Locations
2 5000
Member FDIC
No Yes
Checking Accounts
Yes Yes
Savings Accounts
No Yes
Credit Cards
No Yes
Debit Cards
Yes Yes
Mortgage Loans
No Yes
No Fee Banking
No No
Banking 2 5
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Overall

Feature Firstrade Chase You Invest Trade
Firstrade Review Chase You Invest Trade Review
Overall 3.5 2.5
Winner check_circle
Using data from our latest annual broker review which tested more than a dozen different online brokers over six months, we can compare Chase You Invest Trade vs Firstrade to determine which broker is best. Let's dive in.

First, we will break down the commission charges of both brokers for placing stock and options trades. Chase You Invest Trade charges more than Firstrade for placing regular stock trades ($2.95 and $0, respectively). Looking at options, the base fees charged are the same for both brokers, $N/A. Option contracts cost $N/A each at both brokerages. Instead of flat rate fees, several brokers charge a per-share fee instead. For a complete review of trading charges, read our full online broker reviews.

Next, investors want to make sure they can trade the investment vehicle they want. Chase You Invest Trade offers clients Stock Trading and Mutual Funds while Firstrade offers Stock Trading, Options Trading and Mutual Funds. As far as mutual funds go, Firstrade offers its clients access to 12603 different mutual funds while Chase You Invest Trade has 2700 available funds, a difference of 9,903.

Finally, by comparing the each broker's website and platform features, we can surface interesting differences. Chase You Invest Trade nor Firstrade offers virtual trading. For mobile trading, Chase You Invest Trade supports the iPhone App and Android App while Firstrade supports the iPhone App, iPad App and Android App. Online banking is also used by many customers, and multiple full-service brokerages provide these services. Checking Accounts and Debit Cards are available to clients of Firstrade while Chase You Invest Trade offers customers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans.

Overall, between Chase You Invest Trade and Firstrade, Firstrade is the winner.

Chase You Invest Trade Review
Firstrade Review


All pricing data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. For stock trade rates, advertised pricing is for a standard order size of 500 shares of stock priced at $30 per share. For options orders, an options regulatory fee per contract may apply.

*INVESTMENT PRODUCTS: NOT A DEPOSIT · NOT FDIC INSURED · NO BANK GUARANTEE · MAY LOSE VALUE

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