Global Broker governance & inquiry App




Saint Vincent and the Grenadines|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|


Rating Index


+9 (876) 543 21 09


No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core



Open Now

Contact number


+9 (876) 543 21 09

Broker Information


Company Name


Company Abbreviation


Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint


Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2023-12-12
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Users who viewed Firsttrade also viewed..


10-15 years | Regulated in Australia | Market Making(MM) | MT4/5 full license
Official website


15-20 years | Regulated in United Kingdom | Market Making(MM) | MT4/5 full license
Official website


10-15 years | Regulated in United Kingdom | Straight Through Processing(STP) | MT4/5 full license
Official website


Above 20 years | Regulated in Australia | Market Making(MM) | MT4/5 full license
Official website

Firsttrade · Company Summary

Note: Firsttrade is to operate via the website -, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Feature Detail
Regulation No Regulation
Market Instrument forex | cryptocurrency
Account Type Micro | Standard | Crypto | ECN Prime
Demo Account N/A
Maximum Leverage N/A
Spread N/A
Commission N/A
Trading Platform N/A
Minimum Deposit $500
Deposit & Withdrawal Method N/A

Firsttrade is allegedly a financial services company registered in int Vincent and the Grenadines that provides its clients with a choice of four different live account types.

As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, trading platforms, etc.

As for regulation, it has been verified that Firsttrade currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.33/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

Firsttrade appears to provide its clients with forex and cryptocurrency trading. However, more specific information about tradable assets cannot be found on the Internet.

Account Types

Firsttrade claims to offer four types of live trading accounts, namely Micro, Standard, Crypto and ECN Prime. The minimum initial deposit amount is as high as $500 for the Micro and Standard account, and $1,000 for the Crypto account, which no specific information on the ECN Prime account. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Deposit & Withdrawal

The minimum initial deposit requirement with Firsttrade is said to be up to $500. Without access to its official site, we cannot say what kind of payment methods are available with the broker.

Customer Support

Firsttrade‘s customer support can be reached by telephone: +9 (876) 543 21 09, email: However, this broker doesn’t disclose other more direct contact information like the company address that most transparent brokers offer.

Pros & Cons

Pros Cons
Multiple account type options • No regulation
• Website inaccessible
• High minimum initial deposit required

Frequently Asked Questions (FAQs)

Q 1: Is Firsttrade regulated?
A 1: It has been verified that Firsttrade currently has no valid regulation.
Q 2: What is the minimum deposit for Firsttrade
A 2: The minimum initial deposit to open the basic Micro or Standard account is up to $500, while $1,000 for the Crypto account.
Q 3: Is Firsttrade a good broker for beginners?
A 3: No. Firsttrade is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and too high initial deposit.

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment



Write a review

more than one year
It was not great. I gave this rating based only on the staff I dealt with. I think your company policies are very hard to deal with and now that I am finally done with this whole trial I will never again use or recommend your company to any of my friends. I will again say how wonderful your staff is. I pity them for having to work with such restrictions on their ability to help customers.
2023-03-14 14:37
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;+44-7517747077
License or other information error corrections, please send the information