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First Trade logo

First Trade

7.5/10

state one stockbroking limited

7.6/10
3/10RegulationWinner10/10
10/10WinnerFees1/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

First Trade was founded in 2008 and is headquartered in USA, while state one stockbroking limited was established in 2018 and is based in Anguilla. First Trade holds licences including Securities and Exchange Commission (SEC), while state one stockbroking limited is regulated by Financial Conduct Authority (FCA) among others. First Trade serves 10,000+ clients worldwide; state one stockbroking limited has 10,000+. The minimum deposit is $5 at First Trade and $250 at state one stockbroking limited.

state one stockbroking limited wins this category
FeatureFirst Tradestate one stockbroking limited
Min. Deposit$5$250
RegulationSecurities 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-F309
Founded20082018
CountryUSAAnguilla
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between First Trade and state one stockbroking limited, directly affecting your bottom line as a trader. state one stockbroking limited has a lower barrier to entry with a minimum deposit of $250 (vs $5 at First Trade). First Trade charges withdrawal fees while state one stockbroking limited does not, a notable advantage for frequent withdrawers. First Trade charges deposit fees; state one stockbroking limited does not. Overall, First Trade scores higher on fees in our assessment.

First Trade wins this category
FeatureFirst Tradestate one stockbroking limited
Min. Deposit$5$250
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesNoNo

Platforms

First Trade offers MT4, MT5, cTrader, while state one stockbroking limited 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 Tradestate one stockbroking limited
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,WEBMT4, 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 state one stockbroking limited compare. First Trade runs regular live webinars; state one stockbroking limited does not. Both provide video tutorials. First Trade publishes daily market commentary; state one stockbroking 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.

First Trade wins this category
FeatureFirst Tradestate one stockbroking limited
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 state one stockbroking limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). state one stockbroking limited uniquely supports PayPal and Skrill and Neteller among the two brokers. state one stockbroking limited scores higher on deposit and withdrawal flexibility.

state one stockbroking limited wins this category
FeatureFirst Tradestate one stockbroking limited
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

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 state one stockbroking limited offer live chat support. Both provide phone support. Email support is available at both brokers. First Trade supports 2 languages and state one stockbroking limited supports 8, giving state one stockbroking limited broader global reach. Both brokers are comparable on support quality.

Tied
FeatureFirst Tradestate one stockbroking limited
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic