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SmartMoney Ranks Firstrade Among Best Brokers
[August 05, 2004]

SmartMoney Ranks Firstrade Among Best Brokers

NEW YORK --(Business Wire)-- Aug. 5, 2004 -- Firstrade Securities Inc. ("Firstrade"), a leading online brokerage, received high honors in SmartMoney magazine's broker survey for 2004.

In the 2004 rankings of Discount Brokers Firstrade outranked such firms as Scottrade, Brown & Co. and Wall Street Access. In the category of Commissions and Fees, Firstrade outperforms all others such as TD Waterhouse, Ameritrade, Scottrade, Harrisdirect, and Muriel Siebert. And the category of average phone hold time saw Firstrade in the top two for shortest wait time for all brokerages ranked.

"It's a great feeling to be recognized for all the hard work we are doing to constantly improve our services," said John Liu, CEO of Firstrade. "While the rankings are a sign of recognition for what we've accomplished, this industry moves at a rapid pace and we understand that to stay competitive we have to constantly improve our offering," said Peter Gschweng, Vice President of Firstrade.

About Firstrade

Firstrade Securities Inc., founded in 1985, is a leading discount brokerage and online financial services firm for self-directed investors. Firstrade provides a broad range of investments and other consumer financial products and services including low cost online investing, real-time Level 2 quotes with charts & free streaming quotes, free premium research reports from Standard & Poor's, free financial planning tools, a selection of more than 8,000 mutual funds, and many more valuable services. Firstrade is a member of the National Association of Securities Dealers (NASD) and a member of the Securities Investor Protection Corporation (SIPC). For more information contact Peter Gschweng at (718) 961-6600 ext. 7103 or visit

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