This article contains promotional content. (September 2024) |
Firstrade Securities is a stockbrokerage firm and broker-dealer headquartered in Flushing, New York that offers an electronic trading platform to trade financial assets including stocks, exchange-traded funds (ETF), options, mutual funds, and bonds.[3][4]
 Lower costs, higher standards. | |
| Company type | Privately held company |
|---|---|
| Industry | Financial services |
| Founded | 1985 |
| Founder | John Liu [1] |
| Headquarters | Flushing, New York, United States |
Key people | John Liu, CEO |
| Products | Broker Stockbroker |
| Total assets | US$46 million (2023)[2] |
| Website | www |
In May 2022, Firstrade Securities launched its cryptocurrency platform through Firstrade Crypto LLC.[5]
History
editThe company was founded in 1985 by John Liu,[1] as First Flushing Securities.
In 1997, the company was renamed Firstrade Securities Inc., and the company launched Firstrade.com.
In April 2010, Taifook Securities Company Limited, a wholly owned subsidiary of TSG, signed an agreement with Firstrade Securities, a US online broker, for cross-border securities trading business.[6] Firstrade Securities no longer works with Taifook Securities Company Limited.[7]
Firstrade held its branch grand opening on August 15, 2014.[8]
Firstrade has been recognized as the best online broker by Kiplinger's Personal Finance since 2018, cited as best for active traders, funds, customer service, ETFs, and other categories[9][10][11]
References
edit- ^ a b "John Liu - FINRA brokercheck-" (PDF). Financial Industry Regulatory Authority.
- ^ SEC filing
- ^ "Firstrade Securities Inc.- FINRA brokercheck-". Financial Industry Regulatory Authority.
- ^ "SIPC-List of Members-Firstrade". Securities Investor Protection Corporation.
- ^ Terrett, Eleanor (2022-05-02). "Firstrade first to offer individual crypto trading, beats Schwab and TD Ameritrade". FOXBusiness. Retrieved 2022-07-08.
- ^ "Taifook Securities Group and Firstrade Securities Inc. Reached Agreement to Expand Cross-border Online Trading Business" (PDF). Archived from the original (PDF) on 2018-10-17. Retrieved 2018-10-17.
- ^ "The Best US Stock Brokers 2022 for Inexpensive Trading – Stock Brokers – Forex-Ratings.com". www.forex-ratings.com. Retrieved 2022-07-08.
- ^ Firstrade Securities Inc. (2014-08-22). "Firstrade Securities Inc. Celebrates Branch Grand Opening in Queens, NY". Prweb.com. Retrieved 2018-10-19.
- ^ "Firstrade Named Best Online Broker 2019 for Active Traders, Commissions and Fees and ETFs by Kiplinger's Personal Finance". markets.businessinsider.com. Retrieved 2022-07-08.
- ^ "Best Online Brokers, 2021". Kiplinger. 27 August 2021. Retrieved 2022-07-08.
- ^ "Best Online Brokers, 2018". Kiplinger. 29 August 2018. Retrieved 2022-07-08.
External links
edit- Official website
- Business data for Firstrade Securities INC:
