New York, September 12, 2018 - Firstrade Securities, Inc. has been named to the Kiplinger’s Personal Finance rankings of the Best Online Brokers of 2018. Firstrade also received the number one ranking as Best for Exchange-Trade Fund Investors and Best for Bond Investors.
“At first glance the differences among the online brokers are hard to see -- their fees and commissions are low, their online tools are plentiful, they provide generous access to low-cost investments, and their websites and mobile apps are crammed with research reports, charts and videos,” said Mark Solheim, editor, Kiplinger’s. “We took a closer look and found that each firm has its own strength depending on what investors are looking for.”
To help readers choose the best broker, the magazine surveyed eight firms: Ally Invest, Charles Schwab, E*Trade, Fidelity, Firstrade, Merrill Edge, TD Ameritrade and WellsTrade. Each broker’s overall score depends on the weight assigned to each of the seven categories: commissions and fees, 10%; investment choices, 20%; mobile app, 20%; user experience, 15%; and tools, research and advisory services, roughly 12% each.
After publication of the Kiplinger’s rankings, Firstrade announced free online trading for all stocks, exchange-traded funds (ETFs), options and mutual funds. Firstrade customers can now trade for free with no time restrictions, no limits on the number of trades allowed and no minimum account requirements.
“We are delighted to have been named one of Kiplinger’s best online brokers for 2018. While it’s nice to receive accolades from such a prestigious publication as Kiplinger’s, it’s simply a reflection of the value we provide our customers every day,” said John Liu, Firstrade’s chairman and chief executive officer.
The full Kiplinger’s report can be found at www.kiplinger.com
Firstrade is a leading online brokerage offering a full line of investment products and tools to help self-directed investors take control of their financial future. Since its founding in 1985, Firstrade has worked to provide high value and quality services to our customers. Combining proprietary trading technology, a highly intuitive user interface, outstanding customer service and mobility applications, Firstrade is a comprehensive solution for all of your investing needs. Whether you are a new investor or an active trader, at Firstrade, we are committed to excellence, and putting the investor first. Visit www.firstrade.com for more information. Follow and join the conversation with us on Facebook and Twitter.
For nine decades, the Kiplinger organization has led the way in personal finance and business forecasting. Founded in 1920 by W.M. Kiplinger, the company developed one of the nation's first successful newsletters in modern times. The Kiplinger Letter, launched in 1923, remains the longest continuously published newsletter in the United States. In 1947, Kiplinger created the nation's first personal finance magazine. Located in the heart of our nation's capital, the Kiplinger editors remain dedicated to delivering sound, unbiased advice for your family and your business in clear, concise language. Become a fan of Kiplinger on Facebook or Kiplinger.com and follow Kiplinger on Twitter, LinkedIn and Tumblr.