Are you searching for a low-cost brokerage firm? Firstrade and Robinhood are both wise options for their no-fee trades and $0 account minimums. Beginner traders will appreciate Firstrade's wide variety of financial education resources and the ability to trade mutual funds. Experienced traders may lean toward Robinhood due to the lack of fees for active trading and the ability to trade cryptocurrency. If you are still on the fence of which brokerage to go with, check out our in-depth Firstrade vs. Robinhood comparison. You might be surprised by which one has the best options for you.
The Main Differences Between Firstrade and RobinhoodThe main differences between Firstrade and Robinhood are:
- Firstrade provides retirement accounts, whereas Robinhood does not.
- Firstrade features mutual funds, whereas Robinhood does not.
- Firstrade provides customer service via online chat, whereas Robinhood does not.
- Firstrade has a Dividen