Online Trading Starts Here
EN /brokers/fond/view/webull/
AR Arabic
AZ Azerbaijan
CS Czech
DA Danish
DE Deutsche
EL Greek
EN English
ES Spanish
ET Estonian
FI Finnish
FR French
HE Hebrew
HI Hindi
HU Hungarian
IND Indonesian
IT Italian
JA Japan
KK Kazakh
KM Khmer
KO Korean
MS Melayu
NB Norwegian
NL Dutch
PL Polish
PT Portuguese
RO Romanian
... Русский
SV Swedish
TH Thai
TR Turkish
UA Ukrainian
UZ Uzbek
VI Vietnamese
ZH Chinese
7.21/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum deposit:
  • $1
Trading platform:
  • Proprietary platform
Leverage
  • 1:2 for overnight trades, 1:4 for intraday trades
Trading features
  • Access to margin trading is available when depositing funds from $2,000
Ranked #8 among the Best online brokers of United States
flag
Webull is available in

Our Evaluation of Webull

7.21/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Traders Union icon

Webull is a reliable broker with the TU Overall Score of 7.21 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Webull clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews showed that the broker’s clients are mostly satisfied with the company.

Webull is a trading and investing broker focused on experienced market participants.

Brief Look at Webull

Webull is an American broker-dealer headquartered in New York City and is a FINRA (CRD#: 289063/SEC#: 8-69978), SIPC, NYSE, and NASDAQ member. The company was incorporated in May 2017, and in January 2018 it was already registered with the SEC and CFTC. It is part of Webull Financial LLC and is licensed to carry out brokerage activities in all 50 US states. The broker offers a wide range of stock market assets, futures, professional analytics and an intuitive trading platform with a variety of technical and fundamental analysis tools.

We've identified your country as US US

We have thoroughly analyzed all companies legally providing trading services in your country and created a ranking of the best ones. Our analysis highlights companies that offer optimal working conditions, uphold a strong reputation, and consistently receive the highest number of positive reviews from traders on our website.

Explore the 5 top-rated companies in US US :

1
Visit broker
Your capital is at risk.
2
Visit broker
Your capital is at risk.
3
Visit broker
Your capital is at risk.
4
Visit broker
Your capital is at risk.
5
Visit broker
Your capital is at risk.
See the full list of recommended companies
1
Visit exchange
Your capital is at risk.
2
Visit exchange
Your capital is at risk.
3
Visit exchange
Your capital is at risk.
4
Visit exchange
Your capital is at risk.
5
Visit exchange
Your capital is at risk.
See the full list of recommended companies
1
Visit broker
Your capital is at risk.
2
Visit broker
Your capital is at risk.
3
Visit broker
Your capital is at risk.
4
Visit broker
Your capital is at risk.
5
Visit broker
Your capital is at risk.
See the full list of recommended companies
Advantages of trading with Webull:
  • Zero commission when trading stocks, options, and ETFs.
  • No minimum deposit requirements for brokerage and retirement (IRA) accounts.
  • Access to professional intelligent analytics and trading tools.
Disadvantages of Webull:
  • There is no support for trading in mutual funds, futures, bonds or stocks of the OTC markets.
  • It doesn’t provide an opportunity to make transactions with currency pairs.
  • Cryptocurrency trading is available only in mobile applications.
  • Replenish your account from $2,000 to trade with favorable leverage.

TU Expert Advice

Anastasiia Chabaniuk

Author, Financial Expert at Traders Union

Webull offers a wide range of trading instruments including stocks, options, ETFs, and cryptocurrencies. The broker provides a proprietary trading platform that is accessible via desktop, mobile, and web, featuring advanced research tools and over 50 technical indicators. Webull facilitates trading without fees on stocks, options, and ETFs, with no minimum deposit requirement on its brokerage accounts. Leverage is 1:2 for overnight trades and 1:4 for intraday trades, underlining its appeal to experienced traders seeking margin trading.

While Webull presents several advantages, it also has notable drawbacks. The platform does not support mutual funds, futures, or Forex trading. Cryptocurrency trading is restricted to mobile platforms, and ACH transfers are the primary method for deposit and withdrawal, which may incur additional fees. These constraints make Webull less suitable for traders prioritizing a wide asset range or seeking robust client support, such as live chat. Therefore, Webull is better aligned with traders focused on stock and ETF trading, particularly those comfortable with mobile platforms and ACH transactions.

Webull Summary

💻 Trading platform: Proprietary platform
📊 Accounts: Paper account (demo), margin account, cash account
💰 Account currency: USD
💵 Deposit / Withdrawal: Wire transfer, payments through the automated clearing house ACH
🚀 Minimum deposit: From $1
⚖️ Leverage: 1:2 for overnight trades, 1:4 for intraday trades
💼 PAMM-accounts: No
📈️ Min Order: No data
💱 EUR/USD spread: No
🔧 Instruments: Stocks, options, futures, ETFs, ADRs, cryptocurrencies
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No data
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Order execution: No
⭐ Trading features: Access to margin trading is available when depositing funds from $2,000
🎁 Contests and bonuses: Yes

The Webull broker provides an opportunity to invest in popular stock market assets with zero commission. On November 19, 2020, the company added cryptocurrencies to the instruments available for trading. However, transactions with digital currency can be performed only in the mobile application. This broker allows you to trade with leverage from 1:2 up to 1:4. The amount of the margin depends on the type of trades. The minimum deposit for all types of brokerage accounts starts at $1.

Webull Key Parameters Evaluation

User Satisfaction i

Score:
6.6/10

Share your experience

  • Best
  • Last
  • Oldest
Avatar
Avatar
SamuelNup
2 years ago

The Webull broker is characterized by low-quality execution of transactions. Transactions revolve within the company. If you compare trading here with trading in other companies, the difference will be very noticeable. I do not advise.

Avatar
Avatar
ekokurnianto
3 years ago

I have been cooperating with Webull for the third month. It seems to me that this is a sufficient period to see all the obvious advantages and disadvantages of the company. First, about the cons, which, perhaps, only catch me. I don't like their terminal from the word "generally". It lacks tools for analysis, and performance leaves much to be desired. Another disadvantage is that access to margin trading is opened from $2,000 in the account balance. But still, I lingered here, because there are pluses: trading without spreads, increased leverage on intraday trading and a demo account for testing strategies. I don’t see a worthy replacement among competitors yet, I stay with Webull until better times.

Avatar
Avatar
edisaja
4 years ago

I won’t complain about Webull either. My homie advised me to cooperate with this broker and I immediately checked its legal documents. It’s as clear as day, the company operates in the legal field. Trust my experience, there are a lot of scammers these days but Webull is not one of them. The broker's terminal is rock-solid, and after the last update, it became even more convenient to use it compared to before. Everything is smooth with payments and the company strives to make the process even better.

Avatar
Avatar
rona
4 years ago

I opened an account with Webull a year ago, the company's experts helped to develop a strategy and decide on financial instruments. I cannot say that I am very impressed with the results, but there is an indisputable plus from our cooperation. Transactions are well protected, there is no commission for withdrawing funds from the account.

Avatar
Avatar
rumz85
4 years ago

Lads, I trade on the Webull platform consistently and I am not complaining. To be honest, I didn't even think one moment about writing a review about this broker. I heard from a friend that he considers this company to be fraudulent as he saw many negative reviews.
Fair enough, the company is young, but you can’t nitpick about its conditions and regulation, especially in the United States. And most importantly, it pays money hassle-free. Intelligent support tries to help and resolve your issues.

Avatar
Avatar
abhi
4 years ago

The only thing I didn’t like about Webull was the work of the support team. Yes, I appreciate that this broker is regulated and took care of getting a license from the regulators. The company fulfills all agreements in full and you can't argue with that. But I was out of touch with the support service. Usually, it’s a time-consuming process to wait for an answer by email, and there is no online chat for operational support. I believe this is a major flaw.

Avatar
Avatar
Nuwan
4 years ago

The indicator of the conditions of the broker and in general what the broker is all about is the withdrawal of funds. Everything else does not interest me personally, this is all nonsense, the main thing is that the profit is displayed on time. if something suddenly does not work out, then I turn to support, where my brains will always be enlightened and everything will be laid out. In general, the broker brings me luck, so I recommend it.

Score:
6.78/10

Trading Account Opening

Follow the instructions to become a Webull customer:

1

Go to the broker’s official website and click on "Open an account" or the "Start" button on its main page.

Webull Review - Open account
Webull Review - Open account
Webull Review - Open account
2

Enter your email address or phone number, and then confirm it. Click "Open Account" in the middle of the navigation bar. In most cases, the account creation application will be automatically approved. Fill in your details indicating a valid SSN (Social Security Number) or ITIN (Personal Taxpayer Identification Number). US residents shall provide a document evidencing US citizenship, permanent resident card, or valid visa.

3

The following is available in the Webull personal account:

1. Account replenishment and cash withdrawals.
Webull Review - Financial transactions
Webull Review - Financial transactions
2. Active trading widgets to quickly place a trade with a price ladder. Cancel all open orders or close all positions with a single click.
Webull Review - Trading tools
Webull Review - Trading tools
1. Account replenishment and cash withdrawals.
Webull Review - Financial transactions
Webull Review - Financial transactions
2. Active trading widgets to quickly place a trade with a price ladder. Cancel all open orders or close all positions with a single click.
Webull Review - Trading tools
Webull Review - Trading tools

Also, in the user's personal account you can:

  • View the watchers generated for the most interesting assets.

  • Study reviews of the global and cryptocurrency markets, as well as data on the US and Hong Kong exchanges.

  • Select the most promising tools by region (USA, Canada, China) and sectors (chemistry, transport, energy, etc.) using a screener.

  • Contact a technical support representative.

Score:
8.8/10

Regulation and safety

Information

Webull Financial LLC is a broker-dealer registered with the US Securities and Exchange Commission (SEC) and the Financial Services Regulatory Authority (FINRA). The company is a member of the Securities Investor Protection Corporation (SIPC), the New York Stock Exchange (NYSE) and Nasdaq.

The brokerage is insured. Coverage limits protect securities and funds up to $37.5 million for securities of any client and up to $900,000 for a trader's funds with an active account at Webull. However, cryptocurrency trading is offered through an account with Apex Crypto, which is not a registered broker-dealer or FINRA member, so digital currency assets are not insured.

Advantages

  • The broker is insured.
  • You can file a complaint with the body that controls the broker’s activities

Disadvantages

  • The insurance does not apply to cryptocurrencies
  • Time consuming period to open an account and for verification 
  • Limited choice of payment systems following the requirements of regulators
Score:
8.6/10

Commissions and fees

Information
Webull trading terms were analyzed by Traders Union analysts for the explicit and hidden commissions. Transfers via ACH are free, however, the broker will charge a fee of $30 for canceling a deposit due to insufficient balance or incorrect account number. The fee for deposit and withdrawal by bank transfer depends on the direction of payments. The commission is $8 when depositing from accounts in US banks and $12.5 when depositing from institutions in other countries. An American resident pays $25 for withdrawal, a client with a different registration pays $45. SEC, FINRA, and OCC regulators charge trading and clearing fees from $0.01 to $0.045 per trade or contract.
Account type Spread (minimum value) Withdrawal commission
Marginal From $0.02 Yes
Cash From $0.02 Yes

Additional commission for funds withdrawal can be charged by banks, recipients, intermediaries, and senders of payments. We compared the trading fees of webull.com and popular online brokers. Please keep in mind when analyzing data from the table that Webull does not provide access to the foreign exchange market, so the level assigned can be considered conditional.

Score:
8.5/10

Account types

Webull offers two types of trading accounts for individual clients: cash and margin. They differ in purchasing power, the type of transactions available, and their number.

Types of accounts:

Account Type
Description
Margin account
is an account that has no requirements for the size of the minimum deposit. At the same time, when depositing less than $2,000, short selling and trading with leverage are not available. Also, you can open no more than three deals in 5 trading days. When depositing $2,000-25,000, you get leverage of 1:4 for margin intraday trades and 1:2 for trades that remain overnight. Short selling is allowed, but you cannot make more than 3 trades per week. When replenishing an account for the amount of $25,000 or more, the account owner can open an unlimited number of transactions, including short ones, with a 1:2 or 1:4 leverage, as described above. However, the most volatile stocks may have higher margin requirements, and leverage is not available for some securities.
Cash account
is a cash brokerage account where you have to pay the full amount for the securities purchased. You cannot conduct margin trading with the leverage and open short positions. There are no restrictions on the number of available daily transactions on this type of account, as on the margin account.

Webull has a demo account called Paper Account. You can go there from the broker's website or through the mobile application of the trading platform.

Webull focuses on independent investors and active traders with an average-to-high level of experience.

Score:
6.3/10

Deposit and withdrawal

  • There are 2 ways to withdraw funds: bank transfer and ACH transfer (only for customers with a bank account opened in the United States). International transfers shall be carried out through the SWIFT channel. Local bank transfers for US residents are processed using a nine-digit ABA transit code number.

  • Withdrawals via ACH take 4-5 business days. Internal bank transfers within the United States are processed within 2 business days, international transfers take up to 5 business days.

  • Withdrawals through ACH are commission-free. The broker charges a fee for withdrawing money by bank transfer: it is $25 for traders from the United States, and $45 for clients from abroad. Also, extra commissions can be charged by the sending bank/intermediary/recipient.

Score:
8.7/10

Investment Options

Webull enables you to invest free capital in over 5,000 shares, options, ETFs, and ADRs.

ETFs are Webull's popular investment solution

Webull’s clients can diversify their portfolio by choosing ETF trading. The broker provides hot ETF lists and screeners, making it easier for an investor to find promising assets. Features of investments in exchange-traded funds through the Webull intermediary:

  • An investor can track ETFs according to specified parameters such as industries, countries, or strategies.

  • Trading is available 24/5 (excluding market holidays).

  • The broker doesn’t charge ETF trading fees; however, fees are charged by the SEC and FINRA regulators.

  • You can manage your portfolio from any device.

ETFs are baskets of stocks and bonds that combine the benefits of investment diversification and trading flexibility. ETFs are traded on major exchanges, making them fairly straightforward tools for professionals.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Webull’s affiliate program:

  • Referral program. The partner gets 2 free shares that cost from $8 to $1,600 for each connected referral who has replenished the balance for $100 or more within 30 days from the date of opening the account.

Publishing a unique referral link on various sites allows you to get extra income for attracting new clients to the brokerage company.

Score:
8.4/10

Customer support

Information

Support service assistance is available 24/7.

Advantages

  • Twenty-four/seven availability
  • Support service languages: English and Chinese

Disadvantages

  • No online chat

There are several ways to contact customer support:

  • by phone, using the numbers indicated on the site;

  • by email;

  • Write a message in Facebook Messenger or Twitter.

It is not necessary to open an account to contact the broker's representatives. Support is available to all traders, even without registering at www.webull.com.

Contacts

Foundation date 2017
Registration address 44 Wall Street, New York, NY, USA
Regulation US Securities and Exchange Commission (SEC), Financial Services Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC)
Official site webull.com
Contacts
Score:
8.9/10

Education

Information

There is no training or education section on www.webull.com. You can find useful information by clicking the Help button. In addition to reference data covering the stock exchange, the company's website has a blog and a Market section with an overview of the trading markets.

Information available in the Education Section
Information not available at the Webull site
Information about the trading accounts conditions and funds depositing and withdrawal methods
Stock exchange trading fundamentals
Broker's trading platform description
Trading psychology and risk management principles
Glossary of stock market terms
Trading strategies and description

Trading on a demo account allows you to consolidate the acquired theoretical skills in practice without financial risks.

Detailed Review of Webull

The Webull broker offers to increase your purchasing power by using margin accounts. The company gives traders temporary money even before the funds are credited to the balance, which allows them to start trading without waiting for the money to be transferred to the bank account. You can trade stocks and ETFs with instant purchasing power; however, this option is not available for trading options or cryptocurrencies.

Webull by the numbers:

  • $150 million is the total coverage of securities and customer funds.

  • Over 5,000 trading assets are available.

  • $0 is a commission for trading stocks, ETFs, and options.

Webull is a broker for professional traders using key analytics

Webull allows you trade stocks, ETFs, options, cryptocurrencies and ADRs. The company offers advanced trading capabilities including various types of orders. Its clients get access to deep analysis tools such as intuitive charts, various screeners, detailed fundamental data crunchers, and industry news. The broker also provides advanced second-level Nasdaq TotalView quotes (free for the first three months after opening an account).

The Webull terminal is accessible from any device. Desktop platform with support for multiple screens and increased performance is compatible with Windows, Mac, Linux and supports over 45 widgets, 50 technical indicators, and 12 charting tools. The mobile application is available for Android iOS devices. The web version runs on Chrome, Safari, Firefox and other browsers.

Useful Webull services:

  • Market. Market data for 6 asset categories (stocks, ETFs, indices, Forex, futures, cryptocurrencies) and over 100 exchanges, including Nasdaq, NYSE, LSE, HKEX, SGX, NSE, and BOM.

  • Advanced charts. Linear, candlestick, and bar charts with timeframes from 1 to 60 minutes are available. They display the history of the asset's price changes over 5 years.

  • Indicators. MACD and RSI oscillators, Bollinger bands, moving averages, cash flow indices, etc., are presented.

  • Financial calendars. Displays upcoming reports on business earnings, IPOs and other financial events.

  • Stock screeners. A tool for searching trading strategies with the ability to customize filters based on fundamental or technical analyses.

Advantages:

1

You can trade from mobile, desktop, tablet or web platforms.

2

The terminal has options that make the work as convenient as possible: you can place orders and view tickers using just your voice, or use the "Big Button Mode" to place trades quickly.

3

The broker supports extended trading hours: full pre-trades from 4:00 AM to 9:30 AM ET and untimely hours from 4:00 pm to 8:00 pm ET.

4

Over 5,000 different stocks and ETFs can be traded without commissions.

5

No software fees, no account opening or maintenance fees.

If the requirements for the balance size are met, you’ll have access to short positions and an unlimited number of daily transactions.

Latest Webull News

24.06.2025
Mirjan Hipolito
Webull UK and TradingView partner to enhance retail trading experience
The UK arm of Webull's global group, Webull Securities (UK) Limited, launched in 2023, has partnered with TradingView, a leading charting and social
11.06.2025
Mikhail Vnuchkov
Webull UK partners with Upvest to broaden local trading options
​Webull UK, the British subsidiary of global brokerage Webull Corporation, has partnered with Upvest, a leading provider of investment infrastructure in
07.05.2025
Mirjan Hipolito
Webull partners with Visa for instant money transfers
​Webull, the online brokerage known for its commission-free trading, has announced a strategic partnership with Visa to implement real-time fund

Articles that may help you

Webull App Review - How To Use Webull App For Commission Free Trading?
Webull Desktop - How to Use Webull Desktop for Free Trading?
Who Owns Webull? Is Webull A U.S. Or Chinese Company?
Is Webull Safe? Is Webull Legit? Honest Answers About Webull
Webull Fees: How Much Does Webull Really Charge?
Webull Fractional Shares – All You Need To Know
What Is Paper Trading On Webull? A Simple Guide On How To Paper Trade On Webull
How to Day Trade on Webull?
Webull Options: A Step-By-Step Guide

Check out our reviews of other companies as well

Team that worked on the article