Firstrade Securities
| Company type | Private |
|---|---|
| Industry | Financial services |
| Founded | 1985 |
| Founder | John Liu |
| Headquarters | Flushing, New York , United States |
Area served | United States |
| Products | Stock trading, ETFs, options, mutual funds, bonds, cryptocurrency trading |
| Website | firstrade |
Firstrade Securities operates as a stockbrokerage company and broker-dealer headquartered in Flushing, New York. It provides an electronic trading platform that facilitates transactions in stocks, exchange-traded funds (ETFs), options, mutual funds, and bonds.
In May 2022, Firstrade broadened its service offerings by introducing Firstrade Crypto LLC, enabling cryptocurrency trading.[1]
History
The firm was established in 1985 by John Liu,[2] initially operating under the name First Flushing Securities.
By 1997, the company adopted the name Firstrade Securities Inc. and launched its online trading website, Firstrade.com.
In April 2010, Firstrade formed a cross-border securities trading partnership with Taifook Securities Company Limited, a TSG subsidiary.[3] This collaboration has since concluded.[4]
Firstrade inaugurated a branch office in Queens, New York on August 15, 2014.[5]
Since 2018, Kiplinger's Personal Finance has consistently recognized Firstrade as a leading online brokerage for active traders, mutual funds, customer support, and ETFs.[6][7][8]
External links
- ↑ Terrett, Eleanor (2022-05-02). "Firstrade first to offer individual crypto trading, beats Schwab and TD Ameritrade". FOXBusiness. Retrieved 2022-07-08.
- ↑ Cite error: Invalid
<ref>tag; no text was provided for refs namedFINRA.Liu - ↑ "Taifook Securities Group and Firstrade Securities Inc. Reached Agreement to Expand Cross-border Online Trading Business" (PDF).
- ↑ "The Best US Stock Brokers 2022 for Inexpensive Trading – Stock Brokers – Forex-Ratings.com".
- ↑ Firstrade Securities Inc. (2014-08-22). "Firstrade Securities Inc. Celebrates Branch Grand Opening in Queens, NY". Prweb.com.
- ↑ "Firstrade Named Best Online Broker 2019 for Active Traders, Commissions and Fees and ETFs by Kiplinger's Personal Finance".
- ↑ "Best Online Brokers, 2021".
- ↑ "Best Online Brokers, 2018".
- Companies founded in New York City in 1985
- United States investment management firms
- Queens, New York-based companies
- Flushing, Queens area
- American firms established in 1985
- Financial services firms founded in 1985
- Financial services providers in the United States
- New York City headquartered companies
- Internet brokerage firms
- Financial services companies of the United States