Institution record
Firstrade
irstrade Securities In
- Source score
- 5.0
- Source exposures
- 0
- Comments
- 0
Licence records
Licences within our coverage (cross-border payment institutions, msbs, remittance corridors, insurance and fiduciary trusts) are listed first. Check each one on the regulator's own register.
| Regulator | Licence no. | Status | Licensed entity | Date | |
|---|---|---|---|---|---|
Financial Industry Regulatory Authority | 16843 | Regulated | FIRSTRADE SECURITIES INC | 2000-08-06 |
Peer source record comparison
Compare imported fields for Firstrade and other records in our cross-border payment institutions, msbs, remittance corridors, insurance and fiduciary trusts dataset. These are not independent audit findings.
| Institution | Primary regulators | Regulated / total | Risk classification | Source score | Source exposures |
|---|---|---|---|---|---|
| Firstrade (this record) | FINRA | 1 / 1 | Risk level not supplied | 5.0 | 0 |
Financial Conduct Authority (UK FCA)Prudential Regulation Authority (Bank of England PRA) | 2 / 2 | Risk level not supplied | 5.0 | 0 | |
Financial Conduct Authority (UK FCA)South African Reserve Bank (SARB / Prudential Authority) | 2 / 2 | Risk level not supplied | 5.0 | 0 | |
Financial Conduct Authority (UK FCA) | 1 / 1 | Risk level not supplied | 5.0 | 0 | |
U.S. Securities and Exchange Commission (SEC)Board of Governors of the Federal Reserve System (U.S. Fed)+1 | 4 / 4 | Risk level not supplied | 4.0 | 0 | |
| None on file | 0 / 0 | Risk level not supplied | 7.0 | 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?
The imported dataset contains 1 licence entry associated with Firstrade (legal entity reference: irstrade Securities In); 1 are labelled "regulated" and 1 are labelled regulated or registered: FINRA (Financial Industry Regulatory Authority) — licence 16843, status: regulated. These fields are not independent confirmation of current authorisation. Check the exact contracting entity and registration number on the official FINRA public register.
Which of Firstrade's jurisdictions and licences fall within this site's regulatory coverage?
No matching licence records were found in this site's cross-border payment institutions, msbs, remittance corridors, insurance and fiduciary trusts source selection. The dataset may be incomplete; check the relevant official registers before drawing conclusions about authorisation or jurisdiction.
What is Firstrade's institutional risk classification, enforcement exposure, and score profile?
Firstrade carries a "risk level not supplied" classification in the source dataset, alongside composite 5-dimension ratings out of 10 (overall: 5.0, risk & licensing: 5.0, brand: 5.0, market influence: 5.0, user reputation: 0.0). The imported source lists 0 exposure entries. 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 source exposure entries or 0 user comments involve withdrawal restrictions or scope violations; and (3) confirm the dispute-resolution ombudsman tied to FINRA.