Firstrade Securities
American financial services company
From Wikipedia, the free encyclopedia
Firstrade Securities is a stockbrokerage firm and broker-dealer headquartered in Flushing, New York that offers an electronic trading platform to trade financial assets including stocks, exchange-traded funds (ETF), options, mutual funds, and bonds.[3][4]
Lower costs, higher standards. | |
Company type | Privately held company |
|---|---|
| Industry | Financial services |
| Founded | 1985 |
| Founder | John Liu [1] |
| Headquarters | Flushing, New York, United States |
Key people | John Liu, CEO |
| Products | Broker Stockbroker |
| Total assets | US$46 million (2023)[2] |
| Website | www |
In May 2022, Firstrade Securities launched its cryptocurrency platform through Firstrade Crypto LLC.[5]
History
The company was founded in 1985 by John Liu,[1] as First Flushing Securities.
In 1997, the company was renamed Firstrade Securities Inc., and the company launched Firstrade.com.
In April 2010, Taifook Securities Company Limited, a wholly owned subsidiary of TSG, signed an agreement with Firstrade Securities, a US online broker, for cross-border securities trading business.[6] Firstrade Securities no longer works with Taifook Securities Company Limited.[7]
Firstrade held its branch grand opening on August 15, 2014.[8]
Firstrade has been recognized as the best online broker by Kiplinger's Personal Finance since 2018, cited as best for active traders, funds, customer service, ETFs, and other categories[9][10][11]