PROS / Extended trading hours offered by Firstrade allow you to react quickly to breaking news in the market.
CONS / Firstrade has very few educational resources.
VERDICT / The low trade fees and extended trading hours make Firstrade a good choice for developing your portfolio.
Firstrade is stock software that offers a variety of tools and investment options to help you develop and manage your investment portfolio. This company offers extended trading hours so that you can react quickly with shifts in the market and do not have to wait until the exchange opens the next day.
The online platform offers basic trades in stocks, options, ETFs, IRAs, mutual funds and bonds. With its low trade fees of $6.95 and broker-assisted fees of $19.95, Firstrade is a good choice for managing your personal accounts.
The stock management software is divided into two columns that allow you to easily view and evaluate your information. Because the trading platform is based online, you can log in and access your account information from anywhere. This is helpful for those with busy schedules. This stock tracking software allows you to monitor your profit and loss estimation as well as view streaming quotes. These help you make educated decisions about which stocks are right for you. However, Firstrade lacks risk evaluators and volatility reports, which are useful tools for avoiding risky investments and are options other stock prediction software includes.
All of the most necessary trades are available through this investment software. You can trade stocks, options, ETFs, IRAs, mutual funds and bonds. Firstrade does not offer Futures or Forex.
You can access mobile investing through iPhone and Android operating systems. On the mobile platforms, you can trade stocks and options. You can also monitor your orders and positions. This app even allows you to perform market research, but you can't fund your account from it.
The education center's information is limited to the stock software itself; it offers videos on funding your account, placing trades and other useful tips for using the investment software. However, it does not supply beginner investor education, webinars or live events.
You can contact customer support Monday through Friday during normal business hours. Contact options include telephone, email and a live chat feature when you need answers immediately.
Firstrade offers extended trading hours and has low trade fees. Its trading platform allows you to track, monitor and develop your investment portfolio. While some key features are missing, such as a risk evaluator, Firstrade is still a solid choice in personal investment software.