Is Firstrade better than Interactive Brokers? After scoring brokers on over 3,500 data points for our 2020 review, Interactive Brokers (90.58%) is better than Firstrade (76.33%).
Best for professionals - Open Account
Exclusive Offer: New clients that open an account today receive a special margin rate
While Interactive Brokers is not well known for its casual investor offering, it leads the industry with low-cost trading for professionals. Through the Trader Workstation (TWS) platform, Interactive Brokers offers excellent tools and an extensive selection of tradable securities. Read full review
Best for Chinese-speaking investors - Open Account
Special Offer: Commission-Free Trading on 700+ ETFs
Firstrade offers $0 stock, ETF, and options trades, and is best known for its easy-to-use website, alongside its Chinese language services. While Firstrade offers Morningstar research and a variety of tools, its overall offering struggles to stand out against household name brands who are also priced at $0. Read full review