First Trade
shaw and partners limited
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Overview
First Trade was founded in 2008 and is headquartered in USA, while shaw and partners limited was established in 2014 and is based in Switzerland. First Trade holds licences including Securities and Exchange Commission (SEC), while shaw and partners limited is regulated by Financial Conduct Authority (FCA) among others. First Trade serves 10,000+ clients worldwide; shaw and partners limited has 250,000+. The minimum deposit is $5 at First Trade and $250 at shaw and partners limited.
| Feature | First Trade | shaw and partners limited |
|---|---|---|
| Min. Deposit | $5 | $250 |
| Regulation | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F305 |
| Founded | 2008 | 2014 |
| Country | USA | Switzerland |
| Clients | 10,000+ | 250,000+ |
Fees
Fees are a critical factor when choosing between First Trade and shaw and partners limited, directly affecting your bottom line as a trader. shaw and partners limited has a lower barrier to entry with a minimum deposit of $250 (vs $5 at First Trade). First Trade charges withdrawal fees while shaw and partners limited does not, a notable advantage for frequent withdrawers. shaw and partners limited applies inactivity fees on dormant accounts; First Trade does not. First Trade charges deposit fees; shaw and partners limited does not. Overall, First Trade scores higher on fees in our assessment.
| Feature | First Trade | shaw and partners limited |
|---|---|---|
| Min. Deposit | $5 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | No | Yes |
Platforms
First Trade offers MT4, MT5, cTrader, while shaw and partners limited supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. shaw and partners limited supports social and copy trading features, which First Trade does not offer. The two brokers are closely matched on platform offering.
| Feature | First Trade | shaw and partners limited |
|---|---|---|
| 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 shaw and partners limited compare. First Trade runs regular live webinars; shaw and partners limited does not. Both provide video tutorials. First Trade publishes daily market commentary; shaw and partners limited 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.
| Feature | First Trade | shaw and partners limited |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
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 shaw and partners limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). shaw and partners limited uniquely supports PayPal and Skrill and Neteller among the two brokers. shaw and partners limited scores higher on deposit and withdrawal flexibility.
| Feature | First Trade | shaw and partners limited |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 shaw and partners limited offer live chat support. Both provide phone support. Email support is available at both brokers. First Trade supports 2 languages and shaw and partners limited supports 8, giving shaw and partners limited broader global reach. Both brokers are comparable on support quality.
| Feature | First Trade | shaw and partners limited |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |