Alert - Beware of impostors!

Firstrade Securities Inc. is an online stock brokerage firm operating in New York City in the United States, with licenses in all 50 states in the USA. Firstrade Securities Inc.‘s license and credentials can be verified through the official FINRA website in the USA. (https://brokercheck.finra.org/firm/summary/16843).

The history and goodwill earned by Firstrade has made it a target of scammers claiming to be a branch or country representative of Firstrade. These impostors have registered domain names that are similar to FIRSTRADE.COM, used Firstrade’s trademark and content, and even posted ads on Facebook to solicit customers. Firstrade Securities Inc. is in no way associated with these illegal domains and websites. The apparent intent of their actions is to conduct a campaign of fraud on unsuspecting victims.

  • Our official website is https://www.firstrade.com. Please note the SSL verified signature and the "lock" icon on the www.firstrade.com domain confirming that it is secure and owned by Firstrade Securities, Inc.
  • The Firstrade app can only be downloaded from the Apple App store, Google Play Store, and our official website. Please do not download the Firstrade app from unknown websites or app stores as they are likely to be fake or phishing sites.
  • The official Firstrade Facebook page carries an official verification badge (blue checkmark) confirming that it has been verified by Facebook as an authentic presence for the major public figure, media company or global brand it represents. fb_verifiedbadge fb_verifiedbadge2
  • Please contact Firstrade only through official channels (https://www.firstrade.com) and verified social media accounts.

    The only way to open an account with Firstrade no matter where you are located is through www.firstrade.com. Firstrade accepts brokerage account applications from international users only through www.firstrade.com. For more information about international accounts: https://www.firstrade.com/content/en-us/international.
  • Firstrade DOES NOT operate any accounts on Telegram.
  • Firstrade will never ask for your personal or financial information on social media or through an individual or agent claiming to represent Firstrade. We DO NOT use WhatsApp or other social media channels to ask for customers’ personal or bank information.
  • Please report any fraudulent pages you may encounter to Facebook.
  • Firstrade does not provide investment advisory services. If you come across any website or social media page that claims to offer Firstrade advisory services, or if you are approached by an individual claiming to be a Firstrade investment advisor, please report this fraudulent activity to service@firstrade.com.

Firstrade prides itself on its care and service to its customers—if you have received solicitation or believe an impostor has used Firstrade’s name and trademark in any illegal activities, please report the incident to us at service@firstrade.com


Latest Scam Alert:

May 2021 – Fake Firstrade accounts on Telegram
The following Telegram accounts are fake and are not connected to or authorized by Firstrade:

Firstrader
Nikita_Firstrade
Firstrade_Admin
fake_telegram

May 2021 – Fake App download page and crypto trading
Firstrade has received reports from individuals who have received links to download a fake version of the Firstrade app from unauthorized and fraudulent websites and app stores like the following: (www.download678.com, www.download678.com/elKMR2).

  • Please note that the authentic Firstrade app is only available to download from the official Apple App Store, the Google Play Store and directly from https://www.firstrade.com/content/en-us/trading/mobile. DO NOT download or install any app claiming to be Firstrade from any other websites or app stores.
  • Fraudulent Firstrade apps may offer cryptocurrency trading. Firstrade does not offer cryptocurrencies at this time.
  • See an example of how to spot a fake Firstrade app:

Fake app store download page:

fake_appstore1 fake_appstore2

Fake app

fake_app

July 2020 – Fake website
Firstrade has noted the launch of an international campaign by a scammer named “FirstradeR.net”. Please note the extra R. Other domains they are using are “firstrademalaysia.com” and “firstrademsia.com” and could be using new variations as they are caught. They have fraudulently, and without authorization, used Firstrade’s trademark and intellectual property (logo, website content and promotional materials). These impostors have begun to solicit in Malaysia—asking unsuspecting parties to send them money using WhatsApp. Their use of similar names and materials are intentionally designed to make victims believe they are interacting with Firstrade. Please be aware of these individuals and if you believe you have been victimized, please contact your local government agency right away.

June - July 2020 – Fake Facebook ads
Impostors have used Facebook ads to target the public, below are sample ads. Please note none of the fake Firstrade Facebook pages have the clickable blue verified badge.

May 2020 – WhatsApp call - We do NOT have a branch nor local representative in your country.

fake1 fake2