Argonaut Securities Vs First Trade

How Argonaut Securities and First Trade Compare in 2024

Argonaut Securities or First Trade who is better?

Compare ARGONAUT SECURITIES Versus FIRST TRADE and IC Markets broker accounts.


Compare Argonaut Securities Vs First Trade Side by Side

So you are looking for a broker, Argonaut Securities or First Trade who should you choose?

When trading on financial markets you will want to know all about who Argonaut Securities or First Trade are, and how they compare. You will naturally want to know how long Argonaut Securities and First Trade have been in business and what reputation Argonaut Securities and First Trade have. On top of this, you will need to discover if Argonaut Securities and First Trade match your trading needs.

Having a reputable and dependable broker is crucial to your trading. The reason for this is quite a simple one You need to be sure in the knowledge that your money is in a segregated bank account with a financially regulated broker. Let us see how Argonaut Securities and First Trade compare.

Well in our side by side comparison we make it easier for you to see what is right for you. As with anything the final decision on which broker to trade with should ultimately be based on what and how you going to trade.

Our comparison will help you judge the effectiveness, price, ease of use and support trustworthiness of Argonaut Securities and First Trade side by side.

If you're itching to start trading, we can assist you in making a well-informed decision when comparing Argonaut Securities and First Trade. By comprehensively comparing Argonaut Securities and First Trade features and services, you can choose a trading platform that best suits your needs and preferences. We aim to equip you with the knowledge to make an educated decision and feel confident in your trading journey with Argonaut Securities, First Trade or an alternative broker.

Our Comparebrokers.co team has painstakingly spent months assessing different brokers accounts. We collected over 1200 data points on Argonaut Securities and First Trade. To simplify things, we analyzed everything for you and provide the main points in relevant blocks on this page.

Regulation alongside currency availability is important when deciding upon a broker. It is very important when selecting a broker like the Argonaut Securities platform or First Trade that they are regulated. To finish off our comparison, let's look at the popular tools and features traders prefer side by side.


Argonaut Securities

(3/5)
Benefits of Argonaut Securities?
  • Established in 2009
  • Argonaut Securities have been in business for 15 years.
  • Head quarters in Australia.
  • Live Chat
  • Argonaut Securities Min deposit $1
Argonaut Securities screenshot argonautsecurities sign up here
Your capital is at risk
Reputation Support
Good
Good

Argonaut Securities Regulation

Argonaut Securities is regulated by the Australian Securities Exchange (ASX), Australian Securities and Investments Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC).

Excluded Countries

Argonaut Securities Fees

Deposit fee
Commission
Inactivity fee
Withdrawal fee $10
Min trade varies
Max trade varies
Min deposit $1
View all spreads
& fees here
Your capital is at risk

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies

Argonaut Securities Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

Argonaut Securities Platforms

Android,WEB,Desktop,iPhone,Mac

Argonaut Securities Languages

English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

See Argonaut Securities
features here
Your capital is at risk

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies

Argonaut Securities Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the Argonaut Securities website. Our records were last updated on .

Visit Argonaut Securities today
Your capital is at risk

First Trade

(3/5)
Benefits of First Trade?
  • Established in 2008
  • First Trade have been in business for 16 years.
  • Head quarters in USA.
  • Live Chat
  • First Trade Min deposit $5
First Trade screenshot firsttrade sign up here
Your capital is at risk
Reputation Support
Good
Good

First Trade Regulation

First Trade is regulated by the Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).

Excluded Countries

UK, US,KR

First Trade Fees

Deposit fee
Commission
Inactivity fee
Withdrawal fee varies
Min trade $0
Max trade varies
Min deposit $5
View all spreads
& fees here
Your capital is at risk

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies

First Trade Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

First Trade Platforms

MT4,WEB

First Trade Languages

English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

See First Trade
features here
Your capital is at risk

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See First Trade
instruments here
Your capital is at risk

First Trade Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the First Trade website. Our records were last updated on .

Visit First Trade today
Your capital is at risk

IC Markets

(4/5)
Benefits of IC Markets?
  • Established in 2007
  • IC Markets have been in business for 17 years.
  • Head quarters in Australia.
  • Live Chat
  • Segregates clients funds
  • IC Markets Min deposit $200
IC Markets screenshot IC Markets sign up here
Losses can exceed deposits
Reputation Support
Good
Good

IC Markets Regulation

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

Excluded Countries

US, IR, CA, NZ, JP

IC Markets Fees

Deposit fee Varies
Commission Yes
Inactivity fee No
Withdrawal fee No
Min trade 0.01 Lot
Max trade None
Min deposit $200
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all IC Markets
funding options here
Losses can exceed deposits

IC Markets Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

IC Markets Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

IC Markets Languages

English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

See IC Markets
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See IC Markets
instruments here
Losses can exceed deposits

IC Markets Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the IC Markets website. Our records were last updated on .

Visit IC Markets today
Losses can exceed deposits

Argonaut Securities Vs First Trade Table of Contents

Argonaut Securities and First Trade in Detail

Argonaut Securities Review Screenshot

The Argonaut Securities online trading platform gives traders from all over the world access to over 37 financial instruments including over 101 available instruments. There are over 10,000+ registered customers that have taken advantage of the Argonaut Securities platform.

Argonaut Securities are regulated by Australian Securities Exchange (ASX), Australian Securities and Investments Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC).

Argonaut Securities Review Screenshot

First Trade is a renowned USA financial trading brokerage established in 2008.

First Trade serves customers globally and are regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA). Depending on the country you are trading from Argonaut Securities may serve you from a different business entity to comply with its financial regulators.

First Trade is listed as a publically traded company on a major stock market. As part of their regulatory requirements First Trade has to disclose a yearly report publically. Because of this extra level of auditing and regulation First Trade can be considered trustworthy. Argonaut Securities is listed as a publically traded company so are a reputable broker.

Benefits of Argonaut Securities and First Trade Compared

Below, we will give you a summary of the benefits Argonaut Securities and First Trade offer side by side.

Argonaut Securities offers a minimum deposit of 1 while First Trade have a 5 minimum deposit.

Why smaller trading deposits are good and how Argonaut Securities and First Trade compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either Argonaut Securities or First Trade. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. Argonaut Securities requires a minimum deposit of 1, whereas First Trade mandates a minimum deposit of 5. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's Argonaut Securities or First Trade, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

Argonaut Securities allows traders to trade up to 37 financial instruments while First Trade have around 101 on their trading platform.

The more instruments available on Argonaut Securities and First Trade trading platforms the more potential financial instruments you can buy or sell for your portfolio. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of Argonaut Securities or First Trade.

The Argonaut Securities trading platform has 0 stocks listed while First Trade has 0 stocks listed.

Argonaut Securities allows retail traders to trade the following assets Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing on the Argonaut Securities Android,WEB,Desktop,iPhone,Mac trading platforms.

Alternatively First Trade allows retail traders to trade Forex trading, Spread Betting, Social trading, on the First Trade MT4,WEB trading platforms.

Compare Argonaut Securities and First Trade in more detail below.

Drawbacks of Argonaut Securities and First Trade Compared

Below we compare what drawbacks Argonaut Securities and First Trade have side by side.

Various potential downsides can be associated with certain brokers, including Argonaut Securities and First Trade. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by Argonaut Securities compared to First Trade. High trading fees and commissions can significantly impact potential profits. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of Argonaut Securities versus First Trade.

Broker argonautsecurities firsttrade IC Markets
Inactivity Fees No
Withdrawl Fees $10 varies No
Withdrawal Processing Time Varies Varies Varies
Min Deposit 1 5 200
Social Trading Yes Yes Yes
Excluded Countries UK, US,KR US, IR, CA, NZ, JP

Argonaut Securities Vs First Trade Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with Argonaut Securities or First Trade. A diversified portfolio with Argonaut Securities or First Trade can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like Argonaut Securities or First Trade, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as Argonaut Securities and First Trade.

Broker argonautsecurities firsttrade IC Markets
Instruments Available 37 101 2250
Offers share dealing Yes No Yes
Number of Shares 0 0 2,100
Offers US Stocks NO Yes Yes
Offers UK Stocks No No Yes
Offers German Stocks No No Yes
Offers Japanese Stocks No No Yes
Offers Indices Trading NO No Yes
Number of Commodities 0 0 20
Offers Metals Commodities No No Yes
Offers Energy Commodities NO No Yes
Offers Agricultural Commodities NO No Yes
Offers Forex Trading No No Yes
Number of Forex Pairs 61
Offers Major Forex Pairs No Yes Yes
Offers Minor Forex Pairs No No Yes
Offers Exotic Forex Pairs NO No Yes
Offers CFD Trading Yes Yes Yes
Offers Social Trading Yes Yes Yes

Argonaut Securities Vs First Trade Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both Argonaut Securities and First Trade, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both Argonaut Securities and First Trade offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with Argonaut Securities or First Trade is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with Argonaut Securities or First Trade could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on Argonaut Securities, First Trade, and all brokers are subject to regulation.

We compare Argonaut Securities vs First Trade Crypto options below side by side.

Broker argonautsecurities firsttrade IC Markets
Allows Cryptocurrency Trading (availability subject to regulation) NO No Yes
Cryptocurrencies Offered BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC

Argonaut Securities Vs First Trade Commission and Fees

knowing your trading and commission fees with Argonaut Securities vs First Trade is extremely important. For the majority of the Argonaut Securities 37 financial instruments and First Trade 101 available financial instruments .

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with Argonaut Securities and First Trade. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with Argonaut Securities and First Trade before you invest because you must know what you are paying.

You ideally want to choose a broker like Argonaut Securities or First Trade that does not charge too much for withdrawal fees. High trading fees and commissions will eat into your profits. The fees will be noticeable if you have a low budget and do not intend to invest so much with Argonaut Securities or First Trade. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential Argonaut Securities and First Trade fees, of course. Make sure you do your research and check the commission and fees with both Argonaut Securities and First Trade before you invest anything.

Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period. Also, with Argonaut Securities or First Trade be aware of or 3rd party payment provider fees and currency conversion fees.

Both Argonaut Securities and First Trade do charge inactivity fees.

Numerous notifications are usually sent to you as a reminder of dormant Argonaut Securities and First Trade accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your Argonaut Securities or First Trade account, or choose to close it.

Usually, the associated fees for dormant Argonaut Securities or First Trade accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live Argonaut Securities or First Trade trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like Argonaut Securities or First Trade you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay Argonaut Securities or First Trade nothing for this. If this is the case, it can be a big problem. Constant deposits will eat into your profit, so this will take some consideration before you sign up.

Let's see how Argonaut Securities vs First Trade compare side by side for commissions and fees.

Broker argonautsecurities firsttrade IC Markets
Min Deposit 1 5 200
Inactivity Fees No
Withdrawal Fees $10 varies No
Deposit Fees Varies

Argonaut Securities Vs First Trade Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the Argonaut Securities and First Trade platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an Argonaut Securities or First Trade demo account.

Broker argonautsecurities firsttrade IC Markets
Offers MT4 No Yes Yes
Offers MT5 No No Yes
Offers cTrader No No Yes

Argonaut Securities Vs First Trade Mobile Trading

Trading on your mobile with Argonaut Securities and First Trade can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and Argonaut Securities and First Trade mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with Argonaut Securities or First Trade. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with Argonaut Securities or First Trade can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with Argonaut Securities or First Trade is essential. Likewise, if you have an android phone, it's crucial to verify if Argonaut Securities or First Trade broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if Argonaut Securities and First Trade have trading apps compatible with your device.

Broker argonautsecurities firsttrade IC Markets
Web Platform Yes Yes Yes
IOS Trading App yes Yes
Android Trading App yes Yes
Microsoft Trading App yes Yes

Argonaut Securities Vs First Trade Trading Account Types Offered

Argonaut Securities Vs First Trade Demo Account

A demo account with Argonaut Securities or First Trade is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an Argonaut Securities and First Trade demo account.

Argonaut Securities Vs First Trade Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if Argonaut Securities or First Trade offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

Argonaut Securities and First Trade do not offer Micro accounts.

Argonaut Securities Vs First Trade Standard Account

A standard account is available on Argonaut Securities and First Trade to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

Both Argonaut Securities and First Trade do offer clients Standard accounts.

Argonaut Securities Vs First Trade MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with Argonaut Securities or First Trade or alternative.

Argonaut Securities and First Trade do not offer clients MAM accounts.

Argonaut Securities Vs First Trade ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with Argonaut Securities or First Trade or alternative.

Argonaut Securities and First Trade do not offer clients ECN accounts.

Argonaut Securities Vs First Trade Islamic Account

An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.

If you need a Islamic account check they are available with Argonaut Securities or First Trade or alternative.

Argonaut Securities and First Trade do not offer clients Islamic accounts.

Argonaut Securities Vs First Trade STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

If you need a STP account check they are available with Argonaut Securities or First Trade or alternative.

Argonaut Securities and First Trade do not offer clients STP accounts.

Argonaut Securities Vs First Trade Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

Argonaut Securities and First Trade do not offer clients Managed accounts.

Broker argonautsecurities firsttrade IC Markets
Offers Demo Accounts Yes Yes Yes
Offers Micro Accounts No No No
Offers Standard Accounts Yes Yes Yes
Offers MAM Accounts No No Yes
Offers ECN Accounts No No No
Offers Islamic Accounts No No Yes
Offers STP Accounts No No No
Offers Managed Accounts No No No

Argonaut Securities Vs First Trade Withdrawal and Funding Methods

Argonaut Securities and First Trade have multiple deposit and withdrawal options. Funding and withdrawing from your Argonaut Securities and First Trade accounts to your chosen payment method should be straightforward. Lets see how Argonaut Securities and First Trade compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from Argonaut Securities or First Trade.

Broker argonautsecurities firsttrade IC Markets
Payment Methods Credit cards, Skrill, Neteller, Credit cards, Debit Cards, PayPal, Wire Transfer, Neteller, Neteller VIP, Skrill, UnionPay, Bpay, FasaPay, Broker to Broker, POLI, Thai Internet Banking, RapidPay, Klarna, Vietnamese Internet Banking, Online Digital Wallets, USDT (Tether),

Argonaut Securities Vs First Trade Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of Argonaut Securities or First Trade support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the Argonaut Securities and First Trade support is always available when needed. Argonaut Securities and First Trade customer support is not just useful. broker customer support is crucial to your trading success!

Argonaut Securities Vs First Trade Live Chat

Live chat is important for several reasons. When you encounter a problem with Argonaut Securities or First Trade trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

Argonaut Securities do offer livechat support. On the other hand First Trade do not offer livechat support.

Argonaut Securities Vs First Trade Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either Argonaut Securities or First Trade you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the Argonaut Securities or First Trade support team to answer satisfactorily. Email support with Argonaut Securities and First Trade will be needed.

Both Argonaut Securities and First Trade offer email support.

Argonaut Securities Vs First Trade Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either Argonaut Securities or First Trade. We can get straight to the point, saving us time and frustration.

Both Argonaut Securities and First Trade offer phone support.

Lets see how Argonaut Securities and First Trade customer support compare side by side.

Broker argonautsecurities firsttrade IC Markets
Offers Live Chat Yes yes Yes
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Support Email [email protected] [email protected] [email protected]
Phone 61 8 9224 6888 1-800-869-8800  No

Argonaut Securities Vs First Trade Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether Argonaut Securities and First Trade are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that Argonaut Securities or First Trade have these in place, please be extremely cautious before you proceed with them.

We compare Argonaut Securities Vs First Trade financial regulation and licensing side by side below.

Broker argonautsecurities firsttrade IC Markets
FCA Regulation No No No
CySEC Regulation No No Yes
MiFID Regulation No No No
ASIC Regulation Yes No Yes
FSCA Regulation No No No
DFSA Regulation No No No
MAS Regulation No No No

Argonaut Securities Vs First Trade Risk Management Features

When trading with either Argonaut Securities or First Trade you will want to understand and make full use of all the risk management features on your Argonaut Securities or First Trade trading platforms.

We compare side by side the trading risk management features offered by Argonaut Securities and First Trade below.

Argonaut Securities Vs First Trade Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

Argonaut Securities and First Trade do not offer clients hedging.

Argonaut Securities Vs First Trade Stop Loss

Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair. In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage. Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.

Both Argonaut Securities and First Trade do offer clients stop losses. Stop Loss and Take Profit are not guaranteed on Argonaut Securities or First Trade. You must still monitor any live trades and your financial exposure and financial risk.

Argonaut Securities Vs First Trade Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Both Argonaut Securities and First Trade do offer clients limit orders.

Argonaut Securities Vs First Trade Negative Balance Protection

Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

Both Argonaut Securities and First Trade do offer clients negative balance protection.

Broker argonautsecurities firsttrade IC Markets
Offers Hedging No No Yes
Negative Balance Protection Yes
Guaranteed Stop Loss No
Offers Limit Orders Yes
Offers Trailing Stops Yes

Argonaut Securities Vs First Trade Verdict

We hope this Argonaut Securities Vs First Trade guide has helped you decide who is best to trade with out of Argonaut Securities and First Trade.

When choosing a broker like Argonaut Securities or First Trade for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with Argonaut Securities or First Trade are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as Argonaut Securities or First Trade, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with Argonaut Securities or First Trade.

Also, before you sign up with online brokers like Argonaut Securities or First Trade, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with Argonaut Securities or First Trade before investing money into something.

Beware of the risks that come with trading with Argonaut Securities or First Trade. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all Argonaut Securities and First Trade educational resources and financial research tools. If you are new to trading, sign up for a demo account with Argonaut Securities and First Trade to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using Argonaut Securities or First Trade will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if Argonaut Securities and First Trade fees match your trading requirements.

Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with Argonaut Securities or First Trade if your investment strategy is more long-term.

Argonaut Securities and First Trade Alternatives

If Argonaut Securities and First Trade are not what you are not quite what you are looking for we list some of the best Argonaut Securities and First Trade alternatives below.

Other Argonaut Securities and First Trade Vs Comparisons

If you are still looking for an alternative to Argonaut Securities and First Trade and want to see how Argonaut Securities or First Trade compares Vs other brokers check out the Argonaut Securities Vs and First Trade Vs list below.

Argonaut Securities Vs Alternatives

Still not happy have a look at some of our alternative Argonaut Securities Vs side by side comparisons below

First Trade Vs Alternatives

Still not happy have a look at some of our alternative Argonaut Securities Vs side by side comparisons below

Argonaut Securities Vs First Trade Frequently Asked Questions

We answer some of the most frequently asked Argonaut Securities Vs First Trade questions below.

Is Argonaut Securities any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is Argonaut Securities legit? - Argonaut Securities are regulated by Australian Securities Exchange (ASX), Australian Securities and Investments Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC) and have been in business since 2009

Is First Trade any Good?

First Trade are regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) and have been in business since 2008.

Which is better Argonaut Securities or First Trade?

Argonaut Securities and First Trade do not have a high rating, so we recommend trading with a more reputable alternative broker.

Is Argonaut Securities a con?

Argonaut Securities is regulated by Australian Securities Exchange (ASX), Australian Securities and Investments Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC) and have been in business since 2009. We recommend looking at a Argonaut Securities alternative that has more financial regulation.

Is First Trade a con?

First Trade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) and have been in business since 2008. We recommend looking at a First Trade alternative that has more financial regulation.

What happens if Argonaut Securities or First Trade go bust?

Argonaut Securities and First Trade are regulated, which means that as part of their regulatory obligations Argonaut Securities and First Trade have to offer a certain level of financial protection to their clients. Argonaut Securities and First Trade should by law keep client funds separate from Argonaut Securities and First Trade funds. If either Argonaut Securities or First Trade goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the Argonaut Securities and First Trade websites and regulators.

Are Argonaut Securities or First Trade good for beginners?

Argonaut Securities and First Trade offer low deposits and access to a selection of market insights and news resources. Both Argonaut Securities and First Trade offer demo accounts. Demo trading accounts are a big plus for Argonaut Securities and First Trade as it shows they are interested in their customers.


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