Updated September 28, 2026 · BrokerCue Editorial Team
Firstrade vs justTRADE
What sets them apart
| Compare | ||
|---|---|---|
| Stock trade fee | $0 | €0 |
| Markets | Stocks, ETFs, Options, Funds | Stocks, ETFs, Crypto |
| Regulators | SIPC, FINRA | Federal Financial Supervisory Authority (BaFin) |
| Investor protection | SIPC up to USD 500,000 | EU ICS up to EUR 20,000 |
| Minimum deposit | $0 | Not confirmed |
| Account fee | $0 | Not confirmed |
| Inactivity fee | $0 | Not confirmed |
| Options contract fee | $0 | Not confirmed |
| Deposit and withdrawal fees | Free for bank transfers, $25 for wire transfers | Not confirmed |
| Platforms | Web, iOS, Android, IPad | Not confirmed |
| Account types | IRA, Roth IRA, Joint | Not confirmed |
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- Firstrade scores higher overall: 9.5 vs 8.9.
- Regulators: only Firstrade offers SIPC, FINRA.
- Regulators: only justTRADE offers Federal Financial Supervisory Authority (BaFin).
- Markets: only Firstrade offers Options, Funds.
- Markets: only justTRADE offers Crypto.
- Features: only Firstrade offers Demo account, Options, Fractional shares.
- Features: only justTRADE offers Crypto.
Our verdict on each
Firstrade
Firstrade is a US commission-free broker for retail savers who want retirement accounts and low costs in the same place. Protection is listed as SIPC up to USD 500,000, the minimum deposit is $0, and the trade-off is a market list limited to US equities, funds and options.
justTRADE
justTRADE suits euro zone investors who want to hold stocks, ETFs and crypto in one app without paying per trade. It scores 7.1 overall, with stock trade fees of €0 and a mobile app as the main draw, and it is regulated in its home market of DE.
Score breakdown
| Area | Firstrade | justTRADE |
|---|---|---|
| Cost | 9.5HigherStock trades cost $0 and options contracts $0; transfers run Free for bank transfers, $25 for wire transfers. | 9.4Stock trade fees are €0 on the commission-free model, first on stock trade fee among 161 brands. |
| Offer | 9.4Higher | 8.8 |
| Trust | 9.6Higher | 8.6 |
Where they rank in our lists
| Ranking | Firstrade | justTRADE |
|---|---|---|
| Stock and ETF brokers | 47 of 471 | 163 of 471 |
Feature by feature
| Markets | Firstrade | justTRADE |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Options | Yes | No |
| Crypto | No | Yes |
| Funds | Yes | No |
Where each is licensed and available
| Country | Firstrade | justTRADE |
|---|---|---|
| Germany | Not confirmed | Federal Financial Supervisory Authority (BaFin) MiCA CASP 529900YERL5TV5YJCR45 |
| United States | SIPC SIPC member 34642 | Not confirmed |
Additional countries for Firstrade: 1. Additional countries for justTRADE: 1.
What we checked
Firstrade
- firstrade.com: 12 facts, checked September 26, 2026
- brokerchooser.com: 3 facts, checked September 26, 2026
- sipc.org: 3 facts, checked September 26, 2026
justTRADE
- esma.europa.eu: 4 facts, checked September 26, 2026
- justtrade.com: 4 facts, checked September 26, 2026
Every fact side by side
| Fact | Firstrade | justTRADE |
|---|---|---|
| Features | Demo account, Options, Mobile app, Fractional shares | Crypto, Mobile app |
| Pricing model | Commission free | Commission free |
| Audience | Beginners, Experienced, Day traders | Not confirmed |
| Legal entity | FIRSTRADE SECURITIES INC | JT Technologies GmbH |
| Headquarters | United States | Germany |
| Founded | 1985 | Not confirmed |
| Support channels | Phone, Help centre | Not confirmed |
Where each stands against the rest
| Fact | Firstrade | justTRADE | Median |
|---|---|---|---|
| Minimum deposit | $0below the median | Not confirmed | $25 |
| Account fee | $0at the median | Not confirmed | $0 |
| Inactivity fee | $0at the median | Not confirmed | $0 |
| Options contract fee | $0lowest quarter | Not confirmed | $0.625 |
Median across 134 listed brokers.
Pros and cons
Firstrade
Pros
- Regulated in the US by FINRA and SIPC, with protection stated as SIPC up to USD 500,000 and a membership record at SIPC member 34642.
- A traditional IRA, a Roth IRA and a joint account all sit in ira, roth ira and joint under the commission-free pricing in commission free, so retirement and shared accounts hold at the same cost.
- Fractional shares and a demo account sit in demo account, options and mobile app, which helps the beginners and day traders named in beginners, experienced and day traders start small.
Cons
- The market list in stocks, etfs and options covers stocks, ETFs, options and funds, a narrow range next to eToro at stocks, etfs and forex and CFI at stocks, etfs and forex.
- Live chat and email are not among the listed support channels (phone and help centre), which pair a phone line with a help centre.
- An ISA and a SIPP are not among the listed account types (ira, roth ira and joint), which cover a traditional IRA, a Roth IRA and a joint account.
justTRADE
Pros
- Stock trade fees of €0 on a commission-free pricing model
- Crypto sits alongside stocks and ETFs, so one account covers three asset classes
- Regulated by the Federal Financial Supervisory Authority (BaFin) in Germany
Cons
- Investor protection is EU ICS up to EUR 20,000, the EU scheme cap, so larger portfolios sit above it
- Forex, CFDs and bonds are not among its markets (stocks, etfs and crypto), which cover stocks, ETFs and crypto
Who each suits
Firstrade
Who it suits
- US savers who want commission-free stock and ETF trading inside a retirement account, since the list in ira, roth ira and joint covers an IRA and a Roth IRA.
- Investors who trade in small amounts, because fractional shares in demo account, options and mobile app work alongside a $0 entry point.
- Day traders in US equities, named in beginners, experienced and day traders with a mobile app among the platforms in Web, iOS and Android.
Who should look elsewhere
- Traders who want forex, CFDs or crypto alongside equities: eToro lists stocks, etfs and forex and CFI lists stocks, etfs and forex, while Firstrade stays within stocks, etfs and options.
- UK and European savers who need a tax wrapper, since ira, roth ira and joint names no ISA or SIPP. Vantage, which sets $5 as its entry point, is worth pricing alongside.
justTRADE
Who it suits
- Euro zone residents who want one app for stocks, ETFs and crypto
- Long term investors who pay nothing per trade and value regulated custody
- Beginners who want a simple mobile app rather than a wide dealing platform
Who should look elsewhere
- Investors who hold more than the EU investor compensation cap in cash
- Traders who need forex, CFDs, bonds or futures on the same account
- Anyone wanting a stocks and shares ISA or SIPP wrapper
Country by country
| Country | Firstrade | justTRADE |
|---|---|---|
| Germany | No | Yes |
| United States | Yes | No |
Questions about each
Firstrade
What does it cost to trade stocks and options?+
Stock trades cost $0 and the options contract fee is $0, so nothing is charged per trade on either side. The pricing model listed is commission free, which matches that, and the same terms apply to stocks and options contracts. A reader comparing quotes will find the same line on both markets.
Are there account or inactivity fees?+
The account fee is $0 and the inactivity fee is $0, so an account can sit open and untouched without an annual charge or a dormant penalty. That suits a saver who funds a retirement account and does not trade every month, since holding a small balance costs nothing beyond the trades themselves.
justTRADE
How much does it cost to buy a stock on justTRADE?+
Stock trade fees are €0 because the broker runs a commission-free model. The site median for stock trade fees is €0, and justTRADE sits first on that measure among the 161 brands compared.
Who regulates justTRADE and where?+
The broker is regulated by the Federal Financial Supervisory Authority (BaFin) in Germany, the country of its registered entity, JT Technologies GmbH. The crypto side runs under a MiCA CASP licence, reference MiCA CASP 529900YERL5TV5YJCR45. German supervision is the regulatory framework that applies to the account.
Other options to compare
Other matchups
- Firstrade vs LANDE
- Firstrade vs Afranga
- Firstrade vs Nectaro
- Firstrade vs Interactive Brokers
- Firstrade vs Charles Schwab
- Firstrade vs Dodl
- Firstrade vs Trading 212
- Firstrade vs Public
- Firstrade vs tastytrade
- Firstrade vs eOption
- Firstrade vs TradeZero
- Firstrade vs InvestEngine
- Firstrade vs Plus500
- Firstrade vs Finhabits
- Firstrade vs tastyfx
- Firstrade vs Hfm Partners
- Firstrade vs Vantage
- Firstrade vs Avanza
- Firstrade vs ActivTrades
- Firstrade vs XTB
- Firstrade vs eToro
- Firstrade vs bunq
- Firstrade vs Robinhood
- Firstrade vs S Broker
- Firstrade vs Kraken
- Firstrade vs CapTrader
- Firstrade vs willbe