BakerySwap vs Firstrade

BakerySwap or Firstrade – which is better for UK traders 2024? Compare BakerySwap and Firstrade in this detailed breakdown of their platforms, features and fees.

BakerySwap vs Firstrade Comparison Table 2024
BakerySwap Firstrade
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BakerySwap is ranked #83 among crypto brokers. Firstrade is ranked #72 among UK brokers.
Review
Review
BakerySwap is a DeFi platform operating on the Binance Smart Chain that follows the trend in food-themed exchanges. 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 online brokerage. It is also quick and easy to open a new account.
Pros
  • SIPC member
  • Low OTC fees
  • Crypto trading
  • Premarket trading
  • Accepts US traders
  • No minimum deposit
  • Commission-free investing
  • Regulated by SEC and FINRA
  • Multiple customer support options
  • Access to education, research, and tools
  • Stop limit and trailing stop orders supported
  • Mobile app with advanced features and analysis
Cons
  • No copy trading
  • Some withdrawal fees
  • No 24/7 customer support
  • No forex or futures trading
  • No demo/paper trading account
  • Visa Credit/debit card deposits and withdrawals not accepted
Awards
  • Best for ETF & Active Investor Commission & Fees - 2019
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Cryptos Stocks, ETFs, Options, Mutual Funds, Bonds, Cryptos, Fixed
Demo Account
No No
Minimum Deposit
$0 $0
Payment Methods
Minimum Trade
$0 $1
Regulator
SEC, FINRA
Mobile Apps
No iOS & Android
iOS App Rating
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Android App Rating
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Margin Trading
No 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 No
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
Yes Yes
P2P Trading
No No
Spot Trading
No No
Copy Trading
No No
Social Trading
No No
Trade Signals
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
Cryptocurrency
As a DeFi exchange, BakerySwap allows traders to exchange their owned crypto for alternative tokens for a low fee. 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
N/A Variable
Coins
  • TOKAU
  • TSA
  • USDC
  • USDT
  • ALICE
  • ANKR
  • AUTO
  • BAKE
  • BANANA
  • BARK
  • BAT
  • BETH
  • BMON
  • BNRG
  • BONDLY
  • BRY
  • BTCB
  • BUSD
  • CAR
  • DFY
  • DIESEL
  • Doge
  • DO
  • GSCGGY
  • DOGO
  • DOT
  • EGG
  • ETH
  • GAT
  • GFX
  • GINUX
  • HYFI
  • WAR
  • WSG
  • wSOTE
  • XDITTO
  • XMSKALATA
  • LEV
  • LI
  • LINK
  • MX
  • ONX
  • pCWS
  • PET
  • POKER
  • RACA
  • SACT
  • SFP
  • SHIELD
  • SI
  • SOCCER
  • TCT
  • TEN
  • TKO
  • TLM
  • GCR
  • 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
Yes No
BakerySwap Firstrade
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