Institution record
Firstrade
irstrade Securities In
- Source score
- —
- Warnings
- 0
- Comments
- 0
Licence records
Licences within our coverage (firms authorised in the uk, ireland and gibraltar) are listed first. Check each one on the regulator's own register.
| Regulator | Licence no. | Status | Licensed entity | Date | |
|---|---|---|---|---|---|
FINRATier-1 Financial Industry Regulatory Authority | 16843 | Regulated | FIRSTRADE SECURITIES INC | 2000-08-06 |
Peer regulatory & risk comparison
Side-by-side supervisory and risk benchmark comparing Firstrade against peer institutions in our firms authorised in the uk, ireland and gibraltar dataset.
| Institution | Primary regulators | Regulated / total | Risk classification | Source score | Warnings |
|---|---|---|---|---|---|
| Firstrade (this record) | FINRA | 1 / 1 | Risk level not supplied | — | 0 |
| eToro | FCAGFSCFSA+5 | 6 / 8 | Risk level not supplied | — | 0 |
| XTX | FCAFCASEC+1 | 4 / 4 | Risk level not supplied | — | 0 |
| Doo Prime | FCAFINRAFSA+4 | 7 / 7 | Risk level not supplied | — | 1 |
| Coinbase | CBIFCACBI+6 | 9 / 9 | Risk level not supplied | — | 1 |
| Kraken | CBICBIFCA+2 | 5 / 5 | Risk level not supplied | — | 0 |
Firstrade: institutional due diligence FAQ
Key supervisory, licensing, and counterparty verification questions generated from the dataset.
What is Firstrade's regulatory licence status and supervisory authorisation?
In our imported dataset, Firstrade (legal entity reference: irstrade Securities In) holds 1 recorded licence entry, of which 1 carries a "regulated" status and 1 are marked regulated or registered: FINRA (Financial Industry Regulatory Authority) — licence 16843, status: regulated, Tier-1. Institutional due diligence requires verifying that the exact legal entity on your counterparty agreement matches the licensed entity name and registration number on the official FINRA public register.
Which of Firstrade's jurisdictions and licences fall within this site's regulatory coverage?
Firstrade is registered at 30-50 Whitestone Expwy. Ste. A301 Flushing, NY 11354 and tracked under our firms authorised in the uk, ireland and gibraltar scope based on its institutional service profile (Stocks, Options, Funds) rather than a domestic focus licence. Its 1 recorded licence (FINRA) should be evaluated for cross-border passporting and local solicitation rules.
What is Firstrade's institutional risk classification, enforcement exposure, and score profile?
Firstrade carries a "risk level not supplied" classification in the source dataset (composite numeric scores are not supplied for this record). The record flags 0 regulatory warning or complaint counts. Because these figures reflect imported source fields rather than primary audit findings, compliance teams should review primary enforcement bulletins directly.
What operational due diligence steps apply to Firstrade's platforms, entity structure, and complaints?
Before allocating capital or executing trades with Firstrade (listed execution software: Firstrade: Invest & Trade, Firstrade: No commission trading), institutional and retail allocators should: (1) confirm the domain (firstrade.com) against regulator-approved domains to guard against clone firms; (2) verify whether any of the 0 recorded warning/complaint entries or 0 user comments involve withdrawal restrictions or scope violations; and (3) confirm the dispute-resolution ombudsman tied to FINRA.
Related institutional research & regulatory analysis
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