Webull vs Tradeview - Fees Review included
Which broker is better Webull or Tradeview? Our expert assessment conducted according to TU’s own methodology showed that Webull is one of the top brokers in the financial market with the TU Overall Score of 7.09 out of 10. Tradeview is one of the top brokers in the financial market with the TU Overall Score of 4.44 out of 10. Find out more about TU Overall Score.
| Feature | Webull | Tradeview |
|---|---|---|
Overall |
3.2 |
4.2 |
5 |
3.8 |
|
3.4 |
4.8 |
|
3.1 |
4.6 |
|
Investment Instruments |
4.0 |
3.6 |
Platforms and Charting Tools |
3.1 |
5.0 |
Deposit and Withdrawal |
2.7 |
4.6 |
Research |
1.8 |
2.1 |
Education |
1.2 |
1.8 |
Support |
3.6 |
4.6 |
Bonuses |
4.1 |
1 |
|
|
Webull vs Tradeview: Pros and Cons
Webull is an American broker-dealer headquartered in New York City and is a FINRA, SIPC, NYSE, and NASDAQ member. The company was incorporated in May 2017, and in January 2018 it was already registered with the SEC. 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, professional analytics and an intuitive trading platform with a variety of technical and fundamental analysis tools
Tradeview Markets is an ECN and CFD broker that has been operating since 2004. The company offers trading with 5 asset classes. There is also a separate Tradeview Markets unit providing stock CFD trading services. The office is headquartered in the Cayman Islands. Over 100 000 clients from different countries use the broker’s services. The broker operates under a financial services license issued by the Cayman Islands Financial Regulator (CIMA) and the Malta Financial Services Authority (MFSA).
| Webull | Tradeview | |
|---|---|---|
| Overall Pros | Zero commission when trading stocks, options, and ETFs | Tight market spreads (from 0.1 pips) |
| No minimum deposit requirements for brokerage and retirement (IRA) accounts | Access to the cTrader Copy service | |
| Access to professional intelligent analytics and trading tools | Copying services via its cTrader Copying app | |
| 4 types of trading terminals – MetaTrader 4, MetaTrader 5, cTrader and CurreneX | ||
| No trading restrictions | ||
| Overall Cons | There is no support for trading in mutual funds, futures, bonds or stocks of the OTC markets | Withdrawal fees |
| It doesn’t provide an opportunity to make transactions with currency pairs | Limited education | |
| Cryptocurrency trading is available only in mobile applications | ECN account minimum deposit $1,000 | |
| Replenish your account from $2,000 to trade with favorable leverage | No tier-1 regulations |
Webull vs Tradeview: Safety and Regulation
| Regulated By: | Webull | Tradeview |
|---|---|---|
US Regulation |
Yes |
No |
FCA (Great Britain) |
No |
No |
CySec (Cyprus, EU) |
No |
No |
ASIC (Australia) |
No |
No |
Other Regulators |
Membership in the SIPC Insurance Fund |
Cayman Island Monetary Authority (CIMA) License #585163; Malta Financial Services Authority, MFSA Licence number: IS/93990. |
Webull vs Tradeview: Trading Conditions
| Trading Conditions | Webull | Tradeview |
|---|---|---|
Minimum Deposit |
1 USD |
$100 |
Trading Platforms |
Own platform |
МТ4 (desktop, mobile, web), МТ5 (desktop, mobile), cTrader, CurreneX, Sterling Trader |
Max Leverage (Futures) |
1-2/1-4 |
1-400 |
Supported Markets |
Stocks, options, ETFs, ADRs, cryptocurrencies |
Currency pairs (60), indices (9), metals (3), energy resources (3), cryptocurrencies (5),over 5,000 real U.S. stocks and options |
Trading assets |
100+ |
5000+ |
Trading Accounts |
Paper Account (Demo), Margin Account, Cash Account (IRA, Individual) |
Demo, Innovative Liquidity Connector, X Leverage Account |
Base Account Currencies |
USD |
USD, EUR, GBP, JPY, CAD, AUD |
Webull vs Tradeview: Fees
Forex Trading Fees
| Fee | Webull | Tradeview |
|---|---|---|
Standard Account EURUSD Average Spread |
Market stock spread |
Competetive |
Standard Account Fee |
From $0,002. for each share. There are also other fees for certain transactions |
$0 |
ECN/STP Account Fee |
Not supported |
$2.5 per trade |
ECN Account EUR Average Spread |
Not supported |
0.1 pips |
CFD Trading Fees
| Fee | Webull | Tradeview |
|---|---|---|
CFD Trading Fee |
Market stock spread |
Floating spread |
Non-Trading Fees
| Fee | Webull | Tradeview |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
Yes |
No |
Withdrawal Fee |
Yes |
There is a fixed commission of c or equivalent. The commission is 1.5% for Neteller, and 1% for Skrill. |
Inactivity Fee |
No |
$50 per month after 6 months of inactivity |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Webull vs Tradeview: Trading Assets
| Asset Name | Webull | Tradeview |
|---|---|---|
Overall |
100+ |
5000+ |
Forex |
No |
Yes |
Stocks |
Yes |
Yes |
Metals |
No |
Yes (CFD) |
Cryptocurrencies |
Yes |
Yes (CFD) |
Energy |
No |
Yes (CFD) |
Indices |
No |
Yes (CFD) |
ETFs |
Yes |
Yes |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
Yes |
Futures Trading |
No |
Yes |
Binary Options |
No |
No |
Webull or Tradeview: Investment Programs
| Asset Name | Webull | Tradeview |
|---|---|---|
Copy Trading |
No |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: Tradeview or Webull
| Webull | Tradeview | |
|---|---|---|
MT4 |
No |
Yes |
MT5 |
No |
Yes |
cTrader |
No |
Yes |
Appropriate platform |
No |
No |
Others |
Own trading platform |
CurreneX, Sterling Trader |
|
|
Webull vs Tradeview: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Webull | Tradeview |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Debit Card |
Yes |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
No |
Yes |
Webull vs Tradeview: Research
| Research Type | Webull | Tradeview |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
No |
Yes |
Chart Analysis |
No |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
Webull vs Tradeview: Education
| Education Type | Webull | Tradeview |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
No |
No |
Articles |
No |
Yes |
Videos |
No |
Yes |
Cent account |
No |
No |
Tradeview vs Webull: Support
| Support Features | Webull | Tradeview |
|---|---|---|
Working Days |
24/7 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
No |
Yes |
Other |
No |
Contract form |
Webull vs Tradeview: Forex Bonuses and Promo
| Promo | Webull | Tradeview |
|---|---|---|
Forex Bonus |
Flexible bonus system with the ability to receive a bonus in the form of securities in the amount of up to 1600 USD |
No |
Affiliate Program |
Yes |
Only for corporate clients |
Other Promos |
||
|
|
Top 5 Reviews on Tradeview
-
Comment
It is not possible to withdraw money from Tradeview. The request hangs for 3 weeks, but the withdrawal is still pending. Friends, do not open an account with this company, they will definitely deceive you. They are scammers, I tell you for sure!
-
Comment
Tradeview does not display transactions on the interbank market. Everything spins in their company and goes straight into their wallet. Out of inexperience, I brought my money here in order to increase it, 6000 bucks, but nothing was left of them, unfortunately. Don't believe a single word they say!
-
Comment
threw 300 dollars, everything was fine, reached 1000 tried to withdraw, everything went fine. threw another 1500 to 5k everything was fine. yesterday I go in and writes: data entered incorrectly (lost money! do not believe them! everything is a scam!!!!
-
Comment
These are real scammers! The money will be withdrawn a couple of times, and the next one freezes, then all communication disappears. Deception!!!
-
Comment
If you are an active trader and if you need a broker with a small commission, then you should pay attention to the Tradeview Markets. This broker provides very good conditions. Spreads tend toward zero, and the commission is small. If you have more than $100,000 in capital and your traded volume exceeds a certain level, then you will be provided with VIP conditions with very low commission, spreads, and other chips. I can’t say anything about the affiliate program, because I didn’t use it.
Top 5 Reviews on Webull
-
Comment
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.
-
Comment
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.
-
Comment
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.
-
Comment
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.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.