Firstrade vs Just2Trade Review
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 Just2Trade? After scoring brokers on over 4,000 data points for our 2019 review, Firstrade (67.1%) is better than Just2Trade (47.55%). While Firstrade lacks a feature-rich platform, the broker offers commission-free trading, maintains a clean website, and offers its customers the basics to maintain a long-term portfolio.
To start this comparison, first, we will take a look at the online broker commission rates for placing regular stock and options trades. Just2Trade charges $2.50 per stock trade which is $2.50 more than Firstrade which charges customers $0 per trade. For options trading, Just2Trade has a base fee of $2.50, and Firstrade a base fee of $0. Firstrade's per contract rate of $0 is less than Just2Trade which charges $0.50. It's important to note that not all brokers charge a flat fee per trade. Thus, it is important to read the full commission notes for each broker, which we include with each online broker review.
Next to commission rates, being able to trade what you want is important. Just2Trade supports Stock Trading, Options Trading, Mutual Funds and Futures Trading while Firstrade supports Stock Trading, Options Trading and Mutual Funds. Looking at mutual funds, Firstrade offers its clients access to 12603 different mutual funds while Just2Trade has 3000 available funds, a difference of 9,603.
Trading access aside, by comparing popular features and functionality, we can break down relevant differences between both brokers. Just2Trade has virtual trading, Firstrade doesn't. Taking a look at mobile trading, Just2Trade offers the iPhone App and Android App while Firstrade offers the iPhone App, iPad App and Android App. Not to be left out, online banking is also a nice benefit for many investors, and some brokerages provide these services to clients. Clients can have Checking Accounts and Debit Cards at Firstrade while customers at Just2Trade can have none of these.
Overall, between Firstrade and Just2Trade, Firstrade is the winner.
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.