First Trade
Hirose Financial
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Overview
First Trade was founded in 2008 and is headquartered in USA, while Hirose Financial was established in 2004 and is based in UK. First Trade holds licences including Securities and Exchange Commission (SEC), while Hirose Financial is regulated by Financial Conduct Authority (FCA) among others. First Trade serves 10,000+ clients worldwide; Hirose Financial has 10,000+. The minimum deposit is $5 at First Trade and $1 at Hirose Financial.
| Feature | First Trade | Hirose Financial |
|---|---|---|
| Min. Deposit | $5 | $1 |
| Regulation | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) | Financial Conduct Authority (FCA) |
| Founded | 2008 | 2004 |
| Country | USA | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between First Trade and Hirose Financial, directly affecting your bottom line as a trader. Hirose Financial has a lower barrier to entry with a minimum deposit of $1 (vs $5 at First Trade). Both brokers charge withdrawal fees. First Trade charges deposit fees; Hirose Financial does not. The two brokers are broadly comparable on fee structure.
| Feature | First Trade | Hirose Financial |
|---|---|---|
| Min. Deposit | $5 | $1 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | Yes |
Platforms
First Trade offers MT4, MT5, cTrader, while Hirose Financial supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Hirose Financial supports social and copy trading features, which First Trade does not offer. The two brokers are closely matched on platform offering.
| Feature | First Trade | Hirose Financial |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,WEB | MT4, Mirror Trader, Web Trader, Binary, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how First Trade and Hirose Financial 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 | First Trade | Hirose Financial |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. First Trade accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Hirose Financial supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | First Trade | Hirose Financial |
|---|---|---|
| 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 First Trade and Hirose Financial 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 | First Trade | Hirose Financial |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |