In this Webull review, we’ll cover the stock trading features, its pros and cons, and if this investing app is right for you.
Table of contents
Webull Review Summary
Webull is a zero-commission online brokerage offering individual taxable accounts and retirement IRAs. With Webull, you can trade stocks, options, and ETFs. The investing platform has one of the most advanced features to help you make better trading decisions. It’s best for experienced investors who can benefit from in depth analysis tools.
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What is Webull?
Webull is a low cost and self directed online trading app. Access is available on iOS and Android phones as well as desktop. Webull Financial, LLC is the company driven by technology first to create an all-in-one self direct investment platform.
>> Get started with Webull
Webull is a legitimate and trusted online brokerage company helping over 9 million people worldwide invest in the markets. As an investor, you have many top brokers to choose from and Webull is rising steadily. With a very user-friendly interface, robust analysis tools, and community feature, Webull differentiates itself from the likes of Robinhood.
With Webull, you can invest in stocks, ETFs, options, and ADRs. There’s currently no fractional shares or cryptocurrency available.
Webull offers a comprehensive toolset: technical indicators, economic calendars, ratings from research agencies, margin trading, and short-selling. Additionally, Webull offers community participation through a forum and competitions to educate and engage traders.
Webull shines with its user-friendly interface and an educational centered design.
- Zero-commission – trade with no commissions or trading fees for stocks and options
- Full extended hours trading – trade before and after the market closes
- Multi-platform – log into your account online or on mobile app
- Free Real-Time Quotes – get access to up-to-minute market data
- Paper trading – play the stock market without using your money
- Community forum – engage with other traders
- Individual Taxable Account (Stocks) – invest in stocks and ETFs, fractional shares
- Options Trading – supports Level 1 and Level 2 options trading
- Margin Accounts – provides up to 4x day-trade buying power and 2x overnight buying power
- Retirement Accounts – Roth IRAs, Traditional IRAs, and Rollover IRAs
Additional Paid Data Subscription services are available for more access to research stock history and company information.
Webull Financial is a member of SIPC, which protects securities customers of its members up to $500,000 ($250,000 of cash).
- Commission Fees: $0
- Minimum Account: $0
Pros & Cons
|✓ No commission fees|
✓ Stocks and Options trading
✓ In-depth analysis tools
✓ Real-time market data
|☓ Completely self guided|
Who is it best for?
Webull is best for experienced and active investors who need a robust platform that can quickly execute trades. With Webull, you can take advantage of full-extended trading hours and access to real-time data. There’s a lot of information to access so it may be too overwhelming for newbie investors. However, if you’re looking to dive right in, Webull offers some of the most compelling analysis tools.
How to Start a Webull account
Time needed: 5 minutes.
Step-by-step to open a Webull trading account
- Getting started
Click on the link to get started with Webull. Enter your email address or mobile number.
- Create your profile
Complete your personal information and verify.
- Connect your account
Link your bank account and make initial deposit.
Webull Review: Is It Right for You?
In this 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 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.
>> Get started with Webull