No products in the cart.
- Latest
- Trending
ADVERTISEMENT
If you’re new to Webull and unsure whether to sign up or not, read our comprehensive review that delves into how it works, its key features, and its pros and cons.
First, Webbull is a US-based fintech startup founded in 2017. We offer zero commission brokerage services.
The US market is highly regulated and brokers must be registered with the relevant authorities. Webull is regulated by the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). We are also a registered broker in Hong Kong regulated by the Securities and Futures Commission of Hong Kong (SFC).
Webull offers cryptocurrencies, equities (including fractional shares), exchange traded funds (ETFs), options, and ADRs. However, you need to register an account with them to start trading.
The account opening process is easy, fast and fully digital, and account verification takes only one day. You can open his Webull account using the broker’s official website, desktop platform or mobile platform.
After providing all the required information, such as personal information, employment information, and financial experience, and verifying your identity, you will need to select the type of account you would like to open.
Webbull offers personal cash and margin accounts as well as IRA accounts. We also offer corporate and entity accounts, with some limitations.
However, before creating an IRA account, you must first create a personal account. Webull margin accounts offer the same margin rates as most brokers in the US, although slightly higher than Robinhood.
Financial instruments: Cryptos, Stocks, ETFs, Options, and ADRs.
Account type: Webull offers separate cash and margin accounts and IRA accounts for US residents (traditional Roth and Rollover IRA accounts). We also offer corporate and entity accounts, with some limitations.
Account minimum: No account minimum required.
price: Free trading of stocks, options, exchange traded funds (ETFs) and American depository shares. However, all transfers from Webull are subject to a $75 transfer fee.
Trading platform: Web, desktop, mobile.
Mobile App: Webull’s mobile trading platform is available for both iOS and Android.
Customer support: 24/7 phone, email and chat.
Welcome bonus: Webbull is giving away up to 12 shares worth up to $30,600. The first time he opens a Webull account, he gets two free shares worth between $3 and $300 each. Then, deposit any amount into your account and get up to 10 free shares worth between $7 and $3,000 each.
Webble does not charge transaction fees.
No inactivity fees will be charged.
Webull’s web, desktop, and mobile platforms are easy to use.
It offers cryptocurrency trading with access to up to 44 cryptocurrencies.
Its trading platform offers advanced charting and trading tools.
Webull does not offer joint, custodial, or corporate accounts.
Lack of access to common securities such as mutual funds and bonds.
It only provides educational support.
Webull’s IRA accounts do not offer the diversity between assets traditionally found in retirement portfolios.
Webull does not provide interest on uninvested cash. There are no uninvested cash default funds or ancillary banking or cash management products to make up for this like competitors such as Robinhood and Ally.
If you’re looking for a commission-free broker that lets you trade stocks (including fractional shares), cryptocurrencies, ETFs, options and ADRs, Webbull is the place for you.
Due to the high degree of expertise in the financial products they offer, they are not recommended for beginners, but if you have some experience with the products Webbull offers, Webbull is for you. There is no set minimum amount that you must deposit to start trading. You can start trading with any amount you want.
Webull also stands out from the competition when it comes to trading costs and advanced trading tools, making it suitable for advanced orders and technical analysis.
Choosing a broker can be quite complicated, especially with the sheer number of brokers out there.
Webull offers opportunities for traders looking to invest in cryptocurrencies, stocks including fractional shares, options, ETFs, and ADRs. However, due to the choice of financial instruments, it is important to first have some understanding of how these instruments are traded before signing up with Webull.
