Paxful vs Firstrade

Paxful or Firstrade – which is better for UK traders 2025? Compare Paxful and Firstrade in this detailed breakdown of their platforms, features and fees.

Paxful vs Firstrade Comparison Table 2025

Paxful	Firstrade
3.8	4
Paxful is ranked #79 among crypto brokers.	Firstrade is ranked #66 among UK brokers.
Review	Review
Paxful has closed or no longer accepts UK clients. Paxful is a crypto trading exchange and digital wallet offering low fees and easy sign-up.	Firstrade is a US-headquartered discount broker-dealer with authorization from the SEC. The company is also a member of FINRA/SIPC. With welcome bonuses, powerful tools and apps, plus commission-free trading, Firstrade Securities is a popular and top-tier online brokerage. It is also quick and easy to open a new account.
Pros
	Enhanced stock trading environment with overnight trading and fractional shares added One of the first brokers to add AI-powered analysis through FirstradeGPT Excellent broker for budget-conscious traders with low OTC fees Highly trusted US-regulated brokerage and SIPC member
Cons
	Firstrade focuses on stocks at the expense of forex, limiting diversification opportunities No demo/paper trading account found at over 90% of alternatives evaluated Customer support still needs work following testing with no 24/7 assistance Visa credit/debit card deposits and withdrawals are not accepted
Awards
	Best for ETF & Active Investor Commission & Fees - 2019
FCA Regulated
No	No List of FCA Regulated Brokers
Instruments
Cryptos	Stocks, ETFs, Options, Mutual Funds, Bonds, Cryptos, Fixed
Demo Account
No	No
Minimum Deposit
0.005 BTC	$0
Payment Methods
Credit Cards Debit Card Google Pay Mastercard Neteller PayPal Skrill Visa Wire Transfer	ACH Transfer Cheque Wire Transfer
Minimum Trade
$10	$1
Regulator
	SEC, FINRA
Mobile Apps
Android & iOS	iOS & Android
iOS App Rating
Android App Rating
Margin Trading
Yes	Yes
Margin Rate
	4.50%
MetaTrader 4
No	No
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	Yes
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	Yes
P2P Trading
Yes	No
Spot Trading
Yes	No
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	Yes
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
No	No
Account Currencies
USD EUR GBP	USD
Cryptocurrency
Paxful offers buying and selling of the world's leading cryptocurrencies.	Take positions on dozens of leading cryptocurrencies with low fees and 24/7 investing. Traders need just $1 to start speculating on popular tokens like Bitcoin. Clients can also buy cryptos instantly in a few straightforward steps.
Spread
Rates set by vendors	Variable
Coins
BTC ETH USDT	ALGO AVAX BAT BTC BCH ADA LINK ATOM CRO CRV MANA DOGE ETH ETC FTM LTC LRC MATIC REN SHIB SOL XLM SUSHI GRT UNI YFI
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Paxful	Firstrade
Review	Review
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