I am wondering if Firstrade offers interest payments. I would like to know if they provide any kind of interest on the funds deposited or invested through their platform.
6 answers
Caterina
Thu Dec 26 2024
Firstrade credits the interest earned to the account holder's account on a monthly basis.
Maria
Thu Dec 26 2024
Free credit balances in accounts held with Firstrade are eligible to earn interest.
MysticChaser
Thu Dec 26 2024
The interest earned is calculated based on the entire daily balance of the eligible free credit in the account.
KpopStarletShineBrightnessStarlight
Thu Dec 26 2024
This means that the interest is computed on a daily basis, taking into account the full amount of the free credit balance.
Andrea
Thu Dec 26 2024
The interest calculation is continuous, ensuring that any changes in the balance are reflected in the interest earned.