First Trade Alternatives: 2024 Update
This alternatives to First Trade guide has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to First Trade to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to First Trade like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, benefits to their customers. If you feel that First Trade is not quite right for you then it would be worth getting a virtual account with a lot of the best First Trade alternatives and ensuring that they are a better fit for you before moving any money around.
The most detailed guide to First Trade alternatives on the internet
There's a lot of reasons First Trade may not be a good fit for your trading needs. Whatever reason you are looking for the top First Trade alternative or First Trade competitor with similar services, we will always try to give you as much useful information so you can make an informed decision. Below you can find the most popular First Trade alternatives.
For each of our alternative to First Trade, we break down the key differences to First Trade and for each section show you the best competitors. For each First Trade alternative online broker shown we also have detailed trading platform reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unimpressed with First Trade, we can show you some great alternative brokersbrokers|online trading platforms|brokerages.
Having a professional and dependable trading platform is vital to having a successful trading career. All of the First Trade alternative platforms shown in this First Trade alternatives guide have good reputations and can fit what you are looking for.
Alternatives With Lower Minimum Deposit
First Trade has a minimum desposit of $5, you can check how the minimum deposit requirements of First Trade compare with the minimum deposit requirements of First Trade competitors. Brokers have lower minimum deposits to get traders to join with them, but having higher a minimum deposit isn’t always a bad thing, it all depends on your individual trading needs.
|Broker||Minimum Deposit||Find Out More|
Alternatives Offering Virtual Portfolio Accounts
First Trade offers demo accounts so you can test your trading strategies before risking any real capital. Newbie traders can open a virtual portfolio account in order to better understand the aspects of Forex trading and test out some of the company’s features before signing up for a live account.
Below we show some of the best alternatives to First Trade that have virtual portfolio accounts.
Alternatives Offering Negative Balance Protection
First Trade does not provide negative balance protection. If your balance is unfavorable, First Trade suggests that you promptly contact client services. So you are able to fix any imbalances within your own account.
Below we detail some of the best alternatives to First Trade that offer negative balance protection.
|Broker||Offers Negative Balance Protection?||Find Out More|
Alternatives Offering Guaranteed Stop Loss
First Trade unfortunately, does not offer guaranteed stop loss. First Trade provides a chance for its dealers to close their trades at their given price. Aside from that, First Trade does not provide guaranteed stop loss.
Below we list some of the best First Trade alternatives that has guaranteed stop loss available for their customers.
|Broker||Offers Guaranteed Stop Loss?||Find Out More|
Alternatives Offering Scalping
First Trade do allow scalping. Several traders across the world choose First Trade for their scalping services. They offer trading on MT4,WEB which allow this.
Below we detail some of the best alternatives to First Trade that allow scalping functionality to their users.
Alternatives That Allow Hedging
First Trade do allow hedging. Several traders across the world select First Trade due to their hedging services. They offer trading on MT4,WEB.
Below we show some of the best alternatives to First Trade that offer hedging services to their user base.
Alternatives That Allow Social Trading
Unfortunately, First Trade does not offer social trading.
Below we detail some of the top alternatives to First Trade that offer social trading capabilities.
Alternatives That Allow Copy Trading
Unfortunately, First Trade does not offer copy trading.
Below we list some of the top First Trade alternatives that have copy trading to their users
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Table Of Contents
- First Trade alternatives with lower minimum deposit requirements
- First Trade alternatives with demo accounts
- First Trade alternatives with negative balance protection
- First Trade alternatives with guaranteed stop loss
- First Trade alternatives that allow scalping
- First Trade alternatives that allow hedging
- First Trade alternatives that allow social trading
- First Trade alternatives that allow copy trading