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Webull / Stock Trading $0 Commission and No Minimum

Webull is a zero-commission online brokerage that allows you to trade stocks, fractional shares, ETFs, and options trading.

  • Full-extended hours trading, free real-time quotes, and community forum.
  • $0 minimum balance. 

Promo: Receive FREE stocks. Open an account and make an initial deposit of any amount.

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Webull review quick take: An online broker with commission-free trades for the active trader or more experienced self-directed investor.

Overview of Webull

Webull is a financial technology company that offers an online brokerage platform for trading stocks, ETFs, options, and cryptocurrencies.

What is Webull Invest & Trading?

Webull is a commission-free online brokerage platform for novice and experienced traders. With its user-friendly interface and comprehensive features, Webull aims to provide traders with the tools and resources to make informed investment decisions. It provides access to real-time market data, advanced charting tools, and analytical resources to help users execute trades effectively.

Receive FREE stocks. Open an account and make an initial deposit of any amount.

How Webull Investing Works

Webull offers individual brokerage accounts, traditional and Roth IRAs, and margin accounts. It also offers cash management services with a high-yield savings account. Users can invest in various assets, including stocks, ETFs, options, and cryptocurrencies. 

Key Features

  • Commission-free trading on stocks, ETFs, options, and cryptocurrencies
  • Real-time market data and customizable charts
  • Advanced technical analysis tools and indicators
  • Paper trading simulation for practice
  • Extended trading hours from 4:00 am to 8:00 pm EST
  • Access to financial news and research reports
  • Margin trading and short-selling capabilities
  • Community forum to engage with other traders

Receive FREE stocks. Open an account and make an initial deposit of any amount.

Market Data & Analysis Tools

Webull offers various market data and analysis tools, including real-time quotes, customizable charts, technical indicators, and fundamental data. Traders can use these resources to conduct in-depth analyses and make informed decisions.

Trading Experience and Interface

It has an intuitive and user-friendly interface that is suitable for both beginners and experienced traders. Its clean design and customizable layout allow users to tailor their trading experience according to their preferences.

Customer Service and Support

Provides customer support via email and live chat, with representatives available during market hours. Additionally, it offers a comprehensive knowledge base and educational resources to help users navigate the platform and improve their trading skills.

Advanced Features and Tools

In addition to its basic trading features, Webull offers advanced tools such as Level 2 market data, advanced order types, and analyst ratings. These tools empower traders to execute sophisticated trading strategies and capitalize on market opportunities.

Receive FREE stocks. Open an account and make an initial deposit of any amount.

Account Minimum

  • No minimum deposit is required.
  • No need to keep a specific amount in the account.

Fees

  • Trading Fees: $0

Webull offers free trading. They do not charge commissions for trading stocks, ETFs, and options listed on U.S. exchanges. However, fees are assessed by the SEC, FINRA, and OCC, the regulatory agencies. You’ll notice small amounts starting at $0.01 and based on volume.

Pros & Cons

Pros

  • Commission-free trading
  • User-friendly interface
  • Comprehensive market data and analysis tools
  • Extended trading hours

Cons

  • Limited customer support options
  • Regulatory and exchange fees may apply

Who Is It Best For

Webull is best suited for active traders and investors looking for commission-free trading and access to advanced analysis tools. It is ideal for those who prefer to manage their investments independently and are comfortable navigating a self-directed brokerage platform.

Webull Products

  • Individual Taxable Account: Invest in stocks and fractional shares and make ETF trades.
  • Options Trading: Supports Level 1 and Level 2 options trading. Options allow you to take advantage of both sides of the market with calls and puts.
  • Margin Accounts: provides up to 4x day-trade buying power and 2x overnight buying power.
  • Retirement Accounts: Roth IRAs, Traditional IRAs, and Rollover IRAs.
  • Crypto Trading: Diversify your holdings with cryptocurrencies and digital assets.

Receive FREE stocks. Open an account and make an initial deposit of any amount.

Webull Stock Trading App

Our Webull Review

Webull is a legitimate online brokerage and member of SIPC, which protects the securities of customers up to $500,000 ($250,000 of cash). In our review of Webull, we found unfavorable reviews in Trustpilot and the Better Business Bureau. However, there are some glowing reviews on YouTube and other blogs.

Webull is a competitive online brokerage platform that offers commission-free trading, advanced analysis tools, and a user-friendly interface. With its comprehensive features and services, it provides traders with the resources needed to succeed in today’s dynamic financial markets. Whether you’re a novice investor or an experienced trader, Webull offers a versatile platform to meet your investment needs.

How to Start a Webull Account

The time needed: 5 minutes.

Step-by-step to open a trading account

  1. Get started
  2. Follow the instructions
    • Verify your phone number and email.
  3. Submit your application
    • Complete the I.D. verification process.
  4. Link your external bank account.
    • Fund with your account.

Webull Alternatives

Alternatives to Webull include SoFi Active Investing, Robinhood, and Public. These Webull alternatives offer similar features, giving you options based on your specific needs. If you’re looking for a more hands-off investing approach, consider M1 Finance or Betterment.

Average Rating

3.50

02
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2 Reviews For This Product

  1. 02

    by Jason Vitug

    Webull Review: Is It Right for You?

    As mentioned in other posts, I’m not much of a day trader or buy/sell type. I prefer to invest my money automatically and systematically. However, I decided at one point to be a bit more active in the stock market. So, I started using Webull to buy shares and sell them for profit.

    A few things stand out with Webull, it’s designed well and easy to navigate for a relative newbie trader like myself. It’s pretty easy to buy and sell stocks. At first, I was overwhelmed with all the charts and tools. But, I now realize that’s what active traders need. Access to data to make better trades.

    Webull is best for someone who knows what they are doing or at least willing to invest the time to learn. There’s a lot offered from paper trading (learn trading without money to see how your trades will perform), charts & graphs to understand historical trends, and community feature. You can chat and follow other traders. Although, most of the chat comments are baseless and useless. It’s pure entertainment, not knowledge.

    Pros and Cons

    Pros
    ✓ No commission fees
    ✓ Stocks and Options trading
    ✓ In-depth analysis tools
    ✓ Real-time market data

    Cons
    ☓ Completely self-guided
    ☓ Customer service can be lacking

    In this brief Webull review, I hope you’ve come to discover how the platform works and how it can help you achieve your investing goals. Webull can be overwhelming for newly minted investors. They aren’t going to teach you how to invest or what terms mean, unlike the Public app.

    It’s best for those who know what they are doing and want access to data and a quick interface to execute trades. Again, Webull is best for those who are experienced and active investors.

    If you want to learn more about investing as you invest, then Public is a good alternative. Don’t want all those research tools? Robinhood may serve you best.

  2. 02

    by Rich

    It’s a good app, but the community feature is filled with trolling and not useful information. Try reaching out for customer support is like banging your head against a wall. They aren’t responsive. If you need a human connection, I’d skip this app just for the poor customer service.

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