First Trade Review: Pros, Cons, And How It Stacks Up | 2026 Update
This First Trade review has been updated for 2026 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about First Trade to give you the most comprehensive guide available.
First Trade is a leading broker that was founded in 2008. They have around 75 staff that help the company provide Financial Markets Access, to 10,000+ clients through MT4,WEB.
First Trade Guide – Read our In-Depth First Trade Review
First Trade Rating: 5.86 / 10
This First Trade review page contains information about investing with First Trade. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of First Trade does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This First Trade review contains the most recent information about First Trade.
If you are new to the realm of trading online and brokerages, so many facts will no doubt be confusing for you. Getting into the world of trading online demands expert assessing skills and thorough understanding. You'll get adept at all the concepts of trading online and brokers as you keep trading. For starters, you need to choose the right online trading platform who'll constantly be clear with you.
Within this fast-paced universe of stock markets and online trading, you'll need advice to make educated decisions. A professionally lead investment partner could aid you in minimising any potential losses and maximising any profits. First Trade is just one such broker that will assist you. It's important to know all you can about any broker until you trust them with your money.
When engaging in online trading with platforms such as First Trade, it's crucial to meticulously examine First Trade as your broker, as this choice can significantly impact your success. Selecting the right broker is vital for your First Trade investments to thrive. However, be cautious of counterfeit and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be prudent and comprehensive in your First Trade broker selection to protect your hard-earned money. Performing your due diligence and researching the reliability of First Trade, its track record, and reputation is vital. Moreover, ensure the First Trade broker's offerings, trading tools, fees, and regulation align with your objectives.
Remember, First Trade should be a trusted partner on your trading journey.
Our team has worked diligently to simplify the intricate world of trading with First Trade into easily understandable information in this First Trade review. Our goal is to equip you with the knowledge necessary to confidently use First Trade trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with First Trade are the cornerstone of successful trading. As such, we've provided this detailed First Trade review. So, settle in, grab a cup of coffee, and immerse yourself in learning about First Trade and how it can benefit you, or if First Trade might not be the right fit for you.
First Trade Guide for 2026 – Brief Overview
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| Year Founded: | 2008 |
| Regulated By: | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) |
| Hedquarters: | USA |
| Minimum Deposit: | $5 |
| Number Of Clients: | 10,000+ First Trade users and traders |
| First Trade LinkedIn: | |
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| First Trade Facebook Likes: | 0 |
| First Trade Twitter: | @ |
| First Trade Twitter Followers: | 0 |
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| First Trade Instagram Followers: | 0 |
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Your capital is at risk |
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Our entire First Trade review for beginners covers all you will need to know about trading via First Trade. A fantastic broker can use your initial investments and help to protect it from losses but also provide you a platform that can help to provide you favourable profits. If you want to earn profits, you should trade with a brokerage service that aligns with your investing goals.
Of course, there is no sure-fire way to ensure profits; thus, you must carefully assess your agent before you select them. It is a frequent misconception that all agents are exactly the same, but that's not true. Wrong judgment, in the beginning, can set your investments at risk.
First Trade is a trading partner which has found its way successfully to the brokerage world. In this review, we've tried to collate some of the important aspects of First Trade. This guide will allow you to understand whether First Trade is a good match for your own investments or not. We have attempted to breakdown all of the qualities and charges for your convenience.
Who are First Trade?
First Trade is a online trading broker with its head office in USA and provides a variety of tools for trading. Since its start in 2008 they have emerged as a top player in the industry of online trading. First Trade has an extremely professional and full-featured trading site that is focused on currency, indices, metals, sharesand commodities.
Over the past 18 years, First Trade has grown into one of the top online brokers available to the public.
After being founded in 2008, their customer base has become as large as 10,000+ clients.
First Trade is a favourite of many traders . Our First Trade account review discovered that they're a reputable alternative for online trading solutions. They're most appropriate for investors that are looking for a variety of assets. Social and easy to use trading solutions are the core at First Trade.
Technology plays a significant role at First Trade. They features trading on MT4,WEB. First Trade is fair, transparent, and also a well-regulated agent by the Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA). Their outstanding array of resources will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.
The educational department at First Trade is very insightful for new dealers since it permits them to get a closer look at the financial markets. First Trade caters to all sorts of traders and are a must-have broker for almost any well-diversified approach to trading.
Benefits of online trading with First Trade in 2026
Trading with First Trade includes many advantages. These benefits are what sets First Trade apart from the rest of the online brokers. You should check all the benefits listed so that you have a better understanding of First Trade.
The broker goes to great lengths to comprehend what traders want. Consequently, the support, fast, and convenient. The broker also provides a variety of programs for all types of traders. First Trade ensures that the individual needs of all traders are met to the best of their capabilities.
First Trade also features excellent trading conditions which are available to all and not only an elite class of institutional clients. The tight spreads and quick executions are a great benefit for all traders. The technology adopted by First Trade is of the maximum caliber, ensuring that it is fast, dependable, and effective.
First Trade acknowledges the significance of owning a quick order execution. A fast execution will allow users to exchange without worrying about slippage safely. It is going to also help the dealers to catch any opportunities.
First Trade has over 101 trading instruments to support all types of traders. These instruments are dynamic and convenient for both the new and seasoned traders. All traders can set aside all their worries when trading with First Trade.
First Trade Overview
Year Founded: 2008
Regulated By: Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)
Hedquarters: USA
Minimum Deposit: $5
Number Of Clients: 10,000+
Your capital is at risk
If you feel that First Trade is not right for you then at the bottom of this First Trade review you will find a lot of alternatives to First Trade.
Everything you should know about trading using First Trade
First Trade is a lively platform that offers various procedures of trading online. These tools cover the financial markets considerably. The Majority of the broker platforms offer fewer procedures than First Trade
If you would like to trade with First Trade, you will require a minimum deposit of $5. This deposit is required if you would like to begin trading using First Trade. This 2026 First Trade review will direct you safely about trading with them.
First Trade is as versatile as another brokerage platform. First Trade is great for traders that want a manageable variety of cheap services. The platforms supplied by First Trade are third party, white-label offerings. All traders can choose out of MT4,WEB
Together with everything, First Trade has multiple benefits to new and verteran traders and should be investigated. There's no minimum time on which a transaction must be kept open. The agents offer premium customer service which rewards clients with benefits.
Many less reputable brokers try to pressurise consumers into bigger funding for superior services. First Trade, though, is much more concentrated on trading volume. Dealers can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the more advantages will become available.
First Trade accounts are available all over the world and provides excellent service everywhere they have customers. There are only a select few countries where First Trade accounts are not available. Traders in the following countries cannot open or use a First Trade account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is First Trade Safe To Trade With In 2026?
Established in 2008, First Trade has been in operation for 18 years, they have a head office in USA
First Trade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA). These bodies have rules that ensure that trading platforms have ploicies in place to keep investor's resources procured. This usually means that First Trade users don't need to worry about their money since it's segregated and safely kept in banks that are established. SSL encryption simplifies each user's personal information as well.
You are able to make use of an option for Two Factor Authentications (2FA) with First Trade for increased safety. An SMS for the verification code will be sent to your phone. You will be asked to enter this code to log in to your account.
Another concern with online trading brokers with respect to safety may be manipulation of trading. This is highly disadvantageous for consumers on those platforms. Nonetheless, this is much more prevalent in the example of Market Maker brokers who compete with customers on the stage.
First Trade Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With First Trade
Every online trading platform has some ups and downs, and no First Trade review would be complete without having a balanced approach. This First Trade review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
First Trade Pro's
First Trade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).
First Trade has been trading for 18 years.
First Trade offers customer support over the phone.
First Trade provides customer support over email.
First Trade gives access to customer support over livechat.
First Trade has a low minimum deposit requirement.
First Trade doesn't charge inactivity fees.
First Trade allows scalping.
First Trade allows hedging.
First Trade Con's
First Trade is not highly rated by us. First Trade hasn't won any awards. First Trade doesn't offer guaranteed stop loss. First Trade doesn't offer negative balance protection. First Trade charges withdrawal fees. You can't trade Cryptocurrencies with First Trade. First Trade doesn't offer social trading. First Trade doesn't offer copy trading. First Trade doesn't allow commodity trading. You can't trade metals with First Trade. You can't trade energies with First Trade.Compare Brokers Similar To First Trade
Regulation And Licencing In More Detail
First Trade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).
First Trade, as a business, has a strong collection of rules for ensuring honest trading onto its own platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
First Trade Awards
At the time of writing this First Trade review, and despite First Trade’s impressive offering, the company has surprisingly not garnered any awards to date.First Trade Trading Platforms
First Trade are a reputable brokerage that has been operating for over 18 years. They offer a large range of options in their client accounts.
In the following table we take the main parts of any great online trading platform and compare First Trade with Startrader, and freetrade.
First Trade MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with First Trade in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. First Trade MetaTrader 4 is compatible with the latest macOS. First Trade allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and First Trade
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With First Trade MetaTrader 4 On iOS Devices
You can download the First Trade app or also trade with First Trade through the MetaTrader 4 application on the Apple app store.
Download the First Trade MetaTrader 4 Program free of charge from Apple's App Store. First Trade customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With First Trade MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. First Trade provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 10,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android First Trade MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit you must deposit to begin on First Trade is $5. This is an adequate amount for those just starting out. You can create more complex deposits as you cooperate. However, ensure that you know how to make the most of your money before investing larger amounts.
Commission And Fees Explained
First Trade is an online brokerage platform, and most online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled better. That is, an online broker isn't necessarily influenced by the amount of clients they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly three types of fees for this objective.
The first sort of fees to keep an eye out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you're charged trading charges. In such instances, you're spending a spread, financing speed, or even a commission. The sorts of trading charges and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Funding or overnight rates are those who are billed when you maintain a leveraged position for more than daily.
Apart from trading fees, online agents also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They are billed for things like depositing money, not investing for long periods, or withdrawals.
Generally, First Trade doesn't charge high fees compared to other online agents. For operations other agents charge for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for those who often exchange, such as weekly or daily trading.
But, non-trading fees charged by First Trade are comparatively competitive. Consequently, you're billed more for non-trading actions on your trading accounts, like deposits and withdrawal. These aren't related to the sale and purchase of assets.
This First Trade review breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees Of First Trade
First Trade Withdrawal Fees Explained
First Trade charges a withdrawal fee when you make a bank transfer. Each time you transfer money back into your bank accounts, these withdrawal fees become applicable.
Withdrawal of money is possible at any moment from the First Trade account. You can draw sums up to the amount of your account balance, keeping aside the perimeter used. 1 thing to keep in mind is that you don't necessarily need to have any cash on your account.
In addition, the withdrawn money will be transferred directly to the accounts you use to create deposits. Therefore, in the event that you used a credit card for deposits, the withdrawn cash will be sent to the cardFirst Trade will ask you to provide other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In case you're withdrawing cash in various currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the currency you are opting to withdraw in.
First Trade Inactivity Fees Explained
First Trade doesn't charge inactivity fees so you are free to utilize your account as needed
Even if no charges are implied by First Trade, it is best for you to close the account if you're inactive. Inactivity fees are not only charged by brokerage firms but also many financial services.
For other trading platforms, the inactivity fee depends upon the type of account you have selected. The inactivity fee is subjected to many conditions and should be disclosed clearly by the broker beforehand.
First Trade Deposit Fees Explained
When you move money into your trading account from your bank account, a deposit fee can be charged by the broker. Most agents don't charge an excessive amount of money for this operation.
First Trade charges a deposit fee for transferring money into your trading account.
Depositing money onto the First Trade trading platform is easy. You just need to complete a single-user profile survey to start depositing money into your trading account. You will have to give an identity proof and proof of residency to deposit large sums.
Compare First Trade Vs Other Broker Deposit Methods
What Can You Trade With First Trade in 2026?
Note: First Trade offers a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered will differ based on the country of residence of the client.
First Trade has a wide variety of over 101 instruments available for you to trade with.
If trading forex pairs is of interest to you then First Trade offer over forex pairs.
Compare First Trade, Startrader & freetrade below.
First Trade Trading App Review
Note: First Trade's mobile app has a lot of functionality and is being constantly improved. The table below was correct at the time of writing this First Trade broker review.
Understand the capabilities of the mobile apps of First Trade, Startrader & freetrade below.
Trading Education Available At First Trade
Understand the trading resources available with First Trade, Startrader & freetrade below.
First Trade Customer Support
In this First Trade broker review we tested the customer service options, response times and on the First Trade trading platform problem solving effectiveness. First Trade supports many languages including English, and Chinese
First Trade Live Chat Support
We tried the livechat experience with First Trade and it works well. We sent messages through the First Trade livechat via their website and app and recieved a response after 10 seconds. On Occasion there was no response.
We tested communicating via First Trade support in multiple languages and in various countries. First Trade were capable of resolving our customer concerns.
First Trade Phone Support
We called First Trade and the call was answered extremely quickly. The call was answered in less than 5-10 minutes.
The First Trade phone support team were able to successfully address our questions and concerns via phone. We tested the multi-lingual First Trade team by calling in varying languages. First Trade made an effort to make sure our queries were answered.
The overall phone support provided by First Trade was good.
First Trade Email Support
We sent several messages to First Trade and the response times were all acceptable. The fastest email response time from First Trade was 3 hours while the slowest response was 12 days! Sometimes , there was no response. Support response times may vary for you at First Trade, but this was our experience sending out 10 emails at different times.
The team resolved and answered our questions. Average email support from First Trade was outstanding.
Alternatives To First Trade
If, after studying this First Trade review, they do not meet your needs check out these First Trade alternatives.
We have scoured the internet to find the best alternatives to First Trade. Click on the links below to learn more.
Frequently Asked Questions
Can I try First Trade before I buy?
Yes, you can most certainly try First Trade before you buy. First Trade offers demo accounts for the convenience of inexperienced traders. You can use this feature to build your faith in the machine as well as yourself and your trading strategies.
If you sign up for a demonstration account on First Trade, you will set out using a decent amount of virtual money. It's to establish a feeling of safety and confidence in you before you choose to invest your own money.
With a virtual First Tradedemo account, you can experiment at all, to whatever period you wish. You can even start positions, test different trading strategies, and much more.
First Trade shows on its official website that you are able to exchange real time stocks in a demo account.
Is First Trade safe?
It is possible to drop all of your worries since we believe that First Trade is completely safe to use. It's in compliance with the rules of Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).
Even so, First Trade doesn't have assured stop-loss protection.
Why does First Trade ask for my passport?
The reason that First Trade asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, First Trade has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, First Trade must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with First Trade?
The process to start trading with First Trade is super simple. You need to begin by signing up on the First Trade website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but First Trade are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with First Trade is $5. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with First Trade.
The best way to kickstart your trading career with First Trade is to open a demo account facility before risking any real money
What funding methods do First Trade accept?
There are multiple methods to finance your accounts with First Trade. The process is effortless and quick, with various payment methods in your fingertips.
You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You must bear in mind that PayPal is not available in all place. The currencies First Trade accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity also, even though it takes approximately 4-7 days.
Is my money safe with First Trade?
Yes, your money is safe and secure with First Trade. As you know, First Trade operates with proper conformation to regulations. It has established plenty of measures to protect all its own investors.
First Trade protects its clients' personal and sensitive information under SSL encryption. Your capital will be kept highly secure in top-tier banks.
If you wish to further safeguard your account, you can empower Two-Step Verification also. It takes an SMS affirmation for you to access your accounts.
Is First Trade trading good?
Yes, trading via First Trade is a pleasant and good experience indeed. It's a great and intuitive platform with helpful features for your ease. Moreover, you can also obtain access to a huge selection of educational resources and assistive substance to kickstart your trading expertise.
If you are still skeptical, you can start a eToro demo account and assess the credibility of the platform on your own.
Which Countries do First Trade support?
First Trade operates across the world. However, due to regulations First Trade can't accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is First Trade legit?
First Trade is a legit company headquarted in USA since 2008. They are regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA). First Trade is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is First Trade a good broker?
First Trade is an excellent agent, and its own users can vouch for it. The highlight of the platform is its fast order execution on transactions.
You will find the clean layout of this platform and the admirable features are pleasant to work with.
Is First Trade a trustworthy broker?
Yes, First Trade is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for First Trade?
The minimum deposit to open a live account with First Trade is $5
How long do First Trade withdrawals take?
Normally, withdrawal of money from First Trade is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from First Trade to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is First Trade regulated?
First Trade are regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)
Is First Trade a market leading broker?
First Trade is currently one of the business leaders. It has over 10,000+ registered customers and over 18 years of expertise on its own record. They're one of the world's leading trading platforms and also a dominant figure in the Fintech revolution.
It simplifies this standing to its unbelievable platform and broad range of resources plus tools so you may put money into capital markets.
Is First Trade a con?
No, First Trade is not a con. They are regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) and must adhere to their rules. Thus, it is safe to say that First Trade is not a scam.
Can you make money with First Trade?
Through First Trade, several traders make a great deal of cash. But, just like all online trading platforms, it is important to note that traders can also lose money. In particular, Your capital is at risk
This may seem to be a little number, but within the entire year, it adds to a significant number of gains. While First Trade provide you all the tools to earn money, they can't guarantee you will profit.
Does First Trade have fees?
Yes. To begin trading using First Trade, you have to deposit $5. Certain commissions while trading additionally apply. Any processing fees from your bank will need to be incurred by you.
When was First Trade founded?
First Trade was founded in 2008 in USA. First Trade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).
How many people use First Trade?
First Trade is a worldwide recognised broker with 10,000+ clients.
Where is the First Trade head office?
First Trade has its head office in USA
Does First Trade offer negative balance protection?
No. First Trade does not provide negative balance protection. If your balance is negative, First Trade suggests you promptly contact client services. With this, you are able to fix any imbalances within your own account.
Does First Trade offer guaranteed stop loss?
First Trade, regrettably, does not offer guaranteed stop loss. First Trade provides a chance to its dealers to close their trades at their specified price. Apart from this, First Trade doesn't provide guaranteed stop loss.
Does First Trade allow scalping?
Yes, First Trade does permit scalping. Several traders across the world choose First Trade for their scalping services. They offer trading on MT4,WEB which allow this.
Does First Trade allow hedging?
Yes, First Trade does allow hedging.
Can you trade energies with First Trade?
No, unfortunately you cannot trade energy stock with First Trade
Can you trade agricultural shares with First Trade?
No, unfortunately you cannot trade agricultural stock with First Trade
Can you trade cryptocurrency with First Trade?
No, unfortunately you cannot trade cryptocurrency with First Trade
Can you trade metals with First Trade?
No, unfortunately you cannot trade metals with First Trade
Can you trade UK Shares with First Trade?
No, unfortunately you cannot trade UK shares with First Trade
Can you trade US Shares with First Trade?
Yes, you can trade US shares with First Trade
Can you trade Japanese Shares with First Trade?
No, unfortunately you cannot trade Japanese shares with First Trade
Can you trade German Shares with First Trade?
No, unfortunately you cannot trade German shares with First Trade
Does First Trade accept bank transfers?
Yes, First Trade accepts bank transfers for depositing money.
Does First Trade accept credit cards?
Yes, First Trade accepts credit cards for depositing money.
Does First Trade accept PayPal?
No, First Trade does not accept PayPal.
Does First Trade accept Skrill?
No, First Trade does not accept Skrill.
Does First Trade accept Payoneer?
Yes, First Trade accepts Payoneer for depositing money.
Payoneer is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital.
Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. The company specializes in facilitating cross-border B2B payments. The company facilitates cross-border transactions in more than 200 countries and territories, as well as more than 150 local currencies. It also offers cross-border wire transfers, online payments and refillable debit cards services.
Companies like Airbnb, Amazon, Google and Upwork use Payoneer to send mass payouts around the world. It is also used by eCommerce marketplaces such as Rakuten, Walmart and Wish.com, freelance marketplaces such as Fiverr and Envato, and works with ad networks to connect these firms with publishers based outside of their headquartered country.
In the content creation space, Payoneer works with Getty Images, iStock, Pond5, and others as well as in the freelance marketplace.
Payoneer's customer service team includes 320 employees that support 4,000,000 customers in 70 languages and in 150 currencies.
In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly and cheaply.
Does First Trade accept Neteller?
No, First Trade does not accept Neteller.
Does First Trade offer Live Chat customer support?
Yes, First Trade offers customer support through live chat.
Does First Trade offer phone customer support?
Yes, First Trade offers customer support over the telephone.
Does First Trade offer email customer support?
Yes, First Trade offers customer support through email.
What languages can First Trade communicate in?
First Trade has the ability to communicate and support customers who speak: English, and Chinese
Does First Trade have a wikipedia page?
No, First Trade does not have an official wikipedia page.
Does First Trade offer demo accounts?
Yes, First Trade offers demo accounts so you can learn their systems before risking any real capital. New traders can open a demo 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.
Compare First Trade To All Our Other Brokers