The StockBrokers.com annual broker review assesses more than a dozen different brokers over six months, surfacing the best online stock brokers
. This review compares Firstrade vs Just2Trade. Is Firstrade or Just2Trade a better online broker?
First, we will make a comparison of the stock and option trading fees for trading with both brokers. Firstrade charges $2.95 per stock trade which is $0.45 more than Just2Trade which charges customers $2.50 per trade. With options, the base fees charged are $2.95 (Firstrade) and $2.50 (Just2Trade). Option contracts at both of the brokerages are the same at $0.50 each. Note that some brokers charge a per-share fee instead of a flat-fee commission. For a full breakdown of commissions, read our online broker reviews
For our next comparison of these two brokers, being able to trade the way you want is a must. Just2Trade offers clients Stock Trading, Options Trading, Mutual Funds and Futures Trading while Firstrade offers Stock Trading, Options Trading and Mutual Funds. When it comes to mutual funds, Firstrade offers its clients access to 12603 different mutual funds while Just2Trade has 3000 available funds, a difference of 9,603. Commission free ETFs can also be a nice plus, with Just2Trade falling behind Firstrade, offering 0 commission free ETFs compared to Firstrade's 12.
Last but not least, by breaking down important features, tools, etc that each broker offers, we can really help to separate the two. Just2Trade offers virtual trading while Firstrade does not. For mobile trading, Just2Trade offers the iPhone App and Android App while Firstrade offers the iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients. Checking Accounts and Debit Cards are offered by Firstrade while Just2Trade offers none of these. On the whole, when it comes to tools, research, and mobile trading, both Firstrade and Just2Trade found themselves without awards for Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading.
Overall, Firstrade takes the upper hand with 3.50 stars over Just2Trade's 2.50 stars.