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First-Trade Deposit

Rating Index

Pros

$0 commissions on stocks, ETFs, options, and mutual funds, making it very cost-effective for traders.
Strong options trading tools and educational resources, appealing to both beginners and experienced traders.
Offers a wide range of investment options, including fractional shares, mutual funds, and fixed income products.

Cons

Lacks advanced trading tools and a desktop platform, which may not satisfy active traders looking for sophisticated features.
Limited research and educational materials for funds and fixed income, focusing primarily on stocks and options.
No support for forex, futures, or cryptocurrency trading, which may deter traders interested in those markets.
First-Trade Deposit