Firstrade

4(600)

SEC/FINRA

moomoo

4.1(900)

SEC/FINRA/MAS

Firstrade vs moomoo

Head-to-Head Comparison 2026

Our Verdict

moomoo has a higher rating of 4.1/5 compared to Firstrade (4/5). Firstrade offers 5 instrument types, while moomoo offers 4. Firstrade has been in the market since 1985, making it the more experienced provider.

Comparison Table

Criteria	Firstrade	moomoo
Rating	4/5 (600 reviews)	4.1/5 (900 reviews)✓
Regulation	SEC/FINRA	SEC/FINRA/MAS
Fees	$0 commission on stocks, ETFs and options	$0 commission on US stocks and ETFs
Min. Deposit	0 $	0 $
Instruments	Stocks, Options, ETFs, Mutual Funds, Bonds	Stocks, Options, ETFs, ADRs
Platforms	Firstrade Web, Firstrade App	moomoo Desktop, moomoo App
Options Trading	Yes, commission-free	Yes, from $0 commission
Founded	1985	2018
Headquarters	New York	Palo Alto

Detailed Comparison

Fee Comparison

Firstrade: $0 commission on stocks, ETFs and options. Minimum deposit: 0 $.

moomoo: $0 commission on US stocks and ETFs. Minimum deposit: 0 $.

Product Range

Firstrade (5 categories)

StocksOptionsETFsMutual FundsBonds

moomoo (4 categories)

StocksOptionsETFsADRs

Trading Platforms

Firstrade

Firstrade Web
Firstrade App

moomoo

moomoo Desktop
moomoo App

Regulation & Security

Firstrade is regulated by SEC/FINRA (HQ: New York).

moomoo is regulated by SEC/FINRA/MAS (HQ: Palo Alto).

Who Is It For?

Firstrade

Commission-free US broker with options trading since 1985

✓ Completely commission-free trading

✓ Over 35 years of experience

✓ No minimum deposit

✗ Less advanced platform

✗ Limited research tools

moomoo

Data-driven trading platform with pro-level tools at zero cost

✓ Commission-free trading

✓ Extensive real-time market data

✓ Professional analysis tools

✗ Relatively new broker

✗ Limited product range (no futures)

Frequently Asked Questions

Is Firstrade or moomoo cheaper?

Firstrade charges $0 commission on stocks, ETFs and options. moomoo charges $0 commission on US stocks and ETFs. The minimum deposit is 0 $ at Firstrade and 0 $ at moomoo.

Which broker offers more products: Firstrade or moomoo?

Firstrade offers Stocks, Options, ETFs, Mutual Funds, Bonds. moomoo offers Stocks, Options, ETFs, ADRs.

Which broker is better regulated?

Firstrade is regulated by SEC/FINRA. moomoo is regulated by SEC/FINRA/MAS.

Is Firstrade or moomoo better for beginners?

Firstrade has a minimum deposit of 0 $ and offers Firstrade Web, Firstrade App as platforms. moomoo has a minimum deposit of 0 $ and offers moomoo Desktop, moomoo App. Firstrade has the lower entry barrier.

Firstrade vs moomoo: Which broker is better overall?

The choice between Firstrade (4/5, 600 reviews) and moomoo (4.1/5, 900 reviews) depends on your needs. Firstrade: Commission-free US broker with options trading since 1985. moomoo: Data-driven trading platform with pro-level tools at zero cost.

Firstrade

Commission-free US broker with options trading since 1985

Open Account →

From 0 $ min. deposit

moomoo

Data-driven trading platform with pro-level tools at zero cost

Open Account →

From 0 $ min. deposit

Firstrade read review →moomoo read review →