Firstrade Securities

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Firstrade Securities Inc.
Company typePrivately held company
IndustryFinancial services
Founded1985; 41 years ago (1985)
FounderJohn Liu [1]
HeadquartersFlushing, New York, United States
Key people
John Liu, CEO
ProductsBroker
Stockbroker
Total assets US$46 million (2023)[2]
Websitewww.firstrade.com

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]

In May 2022, Firstrade Securities launched its cryptocurrency platform through Firstrade Crypto LLC.[5]

History

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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]

References

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  2. ^ SEC filing
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  • Lua error in Module:Official_website at line 94: attempt to index field 'wikibase' (a nil value).
  • Business data for Firstrade Securities INC:
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