Burrell Stockbroking
First Trade
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Overview
Burrell Stockbroking was founded in 1968 and is headquartered in Australia, while First Trade was established in 2008 and is based in USA. Burrell Stockbroking holds licences including Malta Financial Services Authority (MFSA), while First Trade is regulated by Securities and Exchange Commission (SEC) among others. Burrell Stockbroking serves 10,000+ clients worldwide; First Trade has 10,000+. The minimum deposit is $100 at Burrell Stockbroking and $5 at First Trade.
| Feature | Burrell Stockbroking | First Trade |
|---|---|---|
| Min. Deposit | $100 | $5 |
| Regulation | Malta Financial Services Authority (MFSA) | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) |
| Founded | 1968 | 2008 |
| Country | Australia | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Burrell Stockbroking and First Trade, directly affecting your bottom line as a trader. Burrell Stockbroking has a lower barrier to entry with a minimum deposit of $100 (vs $5 at First Trade). First Trade charges withdrawal fees while Burrell Stockbroking does not, giving Burrell Stockbroking an edge for frequent withdrawers. First Trade charges deposit fees; Burrell Stockbroking does not. Overall, First Trade scores higher on fees in our assessment.
| Feature | Burrell Stockbroking | First Trade |
|---|---|---|
| Min. Deposit | $100 | $5 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Burrell Stockbroking offers MT4, MT5, cTrader, while First Trade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Burrell Stockbroking | First Trade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop,Android,iPhone,Mac | MT4,WEB |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Burrell Stockbroking and First Trade compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. First Trade scores higher overall in education and research.
| Feature | Burrell Stockbroking | First Trade |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Burrell Stockbroking accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while First Trade supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Burrell Stockbroking | First Trade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Burrell Stockbroking and First Trade offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Burrell Stockbroking | First Trade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |