First Trade
Vanguard Investments
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Overview
First Trade was founded in 2008 and is headquartered in USA, while Vanguard Investments was established in 2008 and is based in United States. First Trade holds licences including Securities and Exchange Commission (SEC), while Vanguard Investments is regulated by Office of the Comptroller of the Currency among others. First Trade serves 10,000+ clients worldwide; Vanguard Investments has 10,000+. The minimum deposit is $5 at First Trade and $0 at Vanguard Investments.
| Feature | First Trade | Vanguard Investments |
|---|---|---|
| Min. Deposit | $5 | $0 |
| Regulation | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) | Office of the Comptroller of the Currency |
| Founded | 2008 | 2008 |
| Country | USA | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between First Trade and Vanguard Investments, directly affecting your bottom line as a trader. Vanguard Investments has a lower barrier to entry with a minimum deposit of $0 (vs $5 at First Trade). Both brokers charge withdrawal fees. Vanguard Investments applies inactivity fees on dormant accounts; First Trade does not. First Trade charges deposit fees; Vanguard Investments does not. The two brokers are broadly comparable on fee structure.
| Feature | First Trade | Vanguard Investments |
|---|---|---|
| Min. Deposit | $5 | $0 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
First Trade offers MT4, MT5, cTrader, while Vanguard Investments supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Vanguard Investments supports social and copy trading features, which First Trade does not offer. The two brokers are closely matched on platform offering.
| Feature | First Trade | Vanguard Investments |
|---|---|---|
| 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,Desktop,Android,iPhone,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how First Trade and Vanguard Investments 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 | Vanguard Investments |
|---|---|---|
| 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 Vanguard Investments supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | First Trade | Vanguard Investments |
|---|---|---|
| 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 Vanguard Investments 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 | Vanguard Investments |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |