B
First Trade logo

First Trade

7.5/10
Invast Global logo

Invast Global

6.2/10
3/10RegulationWinner7/10
10/10WinnerFees1/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

First Trade was founded in 2008 and is headquartered in USA, while Invast Global was established in 1960 and is based in Australia. First Trade holds licences including Securities and Exchange Commission (SEC), while Invast Global is regulated by Australian Securities and Investment Commission (ASIC) among others. First Trade serves 10,000+ clients worldwide; Invast Global has 10,000+. The minimum deposit is $5 at First Trade and $25000 at Invast Global.

First Trade wins this category
FeatureFirst TradeInvast Global
Min. Deposit$5$25000
RegulationSecurities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)Australian Securities and Investment Commission (ASIC)
Founded20081960
CountryUSAAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between First Trade and Invast Global, directly affecting your bottom line as a trader. Invast Global has a lower barrier to entry with a minimum deposit of $25000 (vs $5 at First Trade). First Trade charges withdrawal fees while Invast Global does not, a notable advantage for frequent withdrawers. First Trade charges deposit fees; Invast Global does not. Overall, First Trade scores higher on fees in our assessment.

First Trade wins this category
FeatureFirst TradeInvast Global
Min. Deposit$5$25000
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesNoNo

Platforms

First Trade offers MT4, MT5, cTrader, while Invast Global supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureFirst TradeInvast Global
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,WEBMT4,

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how First Trade and Invast Global compare. First Trade runs regular live webinars; Invast Global does not. Both provide video tutorials. First Trade publishes daily market commentary; Invast Global does not. Both integrate third-party research tools. First Trade maintains an archive of past webinars for on-demand viewing. First Trade scores higher overall in education and research.

First Trade wins this category
FeatureFirst TradeInvast Global
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

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 Invast Global supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureFirst TradeInvast Global
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

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 Invast Global 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.

Tied
FeatureFirst TradeInvast Global
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese