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Our experts have prepared a review of the Webull App so that you can fully understand how the platform works and enhance your trading experience. This comprehensive guide will review everything you need to know about the Webull App, including how to download it, the tools it provides, and how to use it.
The Webull App is a great way to access your stocks, ETFs, options, and cryptocurrencies on your mobile devices. It was launched in 2017 so it is relatively new to the online brokerage industry, but its impressive features and no-commission trading has allowed it to quickly rise to the top.
The app primarily targets new or casual investors that want a clean and simple interface without sacrificing powerful analytics and tools. Webull allows you to trade on your mobile device with ease. They have no account minimums, and it doesn’t cost anything to trade stocks, so it is really easy to get started.
Compared to their competitors, the Webull App has some of the most sophisticated research and analytics tools. You can access powerful charts and graphs that can be customized for your unique portfolio, so you have all the information you need to succeed in the market.
Webull App Profile
Here is a quick overview of the Webull App’s specs and features. This can answer some of the most popular questions about the platform at-a-glance, but we will review them in greater detail later on during our Webull App review.
Features
Description
Available Account Type
Brokerage, Margin, Retirement
Sign Up Bonus
2 Free Stocks Awarded at Sign Up
Account Minimum
$0
Assets Available
Stocks, ETFs, Options
Data Accessible to Users
Research, News, Advanced Charts, and Tools
Stock Trade Commission
$0
ETF Trade Commissions
$0
Options Commissions
$0
Margin Interest Rates
3.99% to 6.99%
Short-Selling Allowed
Yes
Dividend Reinvestment Options
No
Invest in IPOs
Yes
Buy Fractional Shares
Yes
Webull App Pros
The Webull App is one of the best online trading platforms on the market. Some of the advantages to using this application include the following: low-cost trading, a user-friendly interface, competitive margin options, cryptocurrency trading, powerful analytics, access to a strong community of investors, and the ability to trade outside of standard market hours.
Low-Cost Trading
Webull does not charge any commissions for buying and selling stocks, ETFs, and options. They don’t have an account minimum either, so they are extremely competitive in the low-cost trading space. When you don't have to pay a fee per trade or contract, you can make the most out of your investments and maximize your investable assets.
User-Friendly Interface
The Webull App also has a user-friendly interface. The platform is simple – but effective – so users can quickly learn how to navigate the app. While there may be some initial shock at the number of charts and graphs at your disposal, you don’t need any previous experience to figure out how to use them.
Since the app has a minimalist design and works well for mobile, anyone can get started with trading right away. Even though the interface is user-friendly, it still meets the needs of intermediate and advanced traders that are looking for more functionality.
Competitive Margin Options
Margin trading allows you to borrow funds to purchase investments. You need to open a specific margin account to be eligible to do that, but it does not cost anything extra for Webull users to establish one.
Unlike its competitors that charge extra for margin accounts or require additional subscriptions to get access, Webull provides this for no extra cost.
Similarly, their margin interest rates are lower than many other online trading platforms. That means the interest rate you will pay on borrowed funds will be less when compared to other brokers.
Cryptocurrency Trading
Another advantage to using the Webull App is that it allows you to trade cryptocurrencies. You can buy and sell up to 15 different digital tokens, including Bitcoin, Ethereum, Dogecoin, LTC, and more.
This is a huge benefit to investors because it means they can trade stocks, options, ETFs, and digital tokens all on the same platform!
Powerful Analytics Tools
The Webull App provides some of the best analytics tools on the market. Their charting options allow you to choose from a wide variety of indicators so that you can track your investments and make data-driven decisions.
For example, you can analyze numerous timeframes and set alerts for the stocks you are watching so you never miss an opportunity in the market. The charts can be easily customized too, so you can include as much or as little information as you need.
Join a Community of Investors
Although the Webull App targets individual investors, it does not mean you have to trade on your own. The platform allows you to connect with over 11 million members that are part of their stock trading community. Interacting with them is simple on the community section of the app, so you can expand your knowledge and learn from what others are doing on the platform.
Trade Outside of Standard Market Hours
The standard hours for trading on the stock market are from 9:30 AM to 4:00 PM EST – on Monday through Friday and excluding holidays. However, Webull gives you an advantage by allowing you to trade in the premarket and aftermarket. In other words, you can trade from 4:00 AM to 8:00 PM EST!
This adds up to almost 10 extra hours of trading, so you can make moves in your portfolio as soon as you uncover relevant news or information.
Webull App Cons
No app is perfect, and it is important to understand the cons of each online trading platform. The disadvantages to using the Webull App include the following: minimal educational offerings, no access to mutual funds, ineffective cash management, and no crypto wallet.
Minimal Educational Offerings
The app is sleek and user-friendly, but there is limited educational support when it comes to investing. The platform does not provide extensive details about options and margin trading which are rather complex topics.
If you have questions about how to invest and what the best solutions are for your goals, you will not be able to find the answers on the platform.
No Access to Mutual Funds
Another disadvantage to trading on Webull is that you do not have access to mutual funds. These tradable securities are a great way to diversify your investments and are popular in retirement accounts, but the platform does not offer them.
That means it can be tough to diversify your portfolio with this online broker since you are limited to stocks, options, ETFs, and crypto.
There is No Crypto Wallet Yet
Although you can trade crypto on the Webull App, the platform has not yet developed a coin wallet. That means your ability to trade cryptocurrencies is limited to a specific set of tokens and you can only transact virtually – you will need a crypto wallet to hold those investments separately.
Webull App: Supported Platforms
The Webull App is available on a wide variety of platforms so users can leverage the tech they feel most comfortable with. Whether you want to trade on your iPhone or Android device, or you prefer to conduct technical research on your web browser, Webull is compatible.
Here is a quick overview of the Webull App on some of the most popular platforms:
iOS App
If you have an iPhone or iPad that runs iOS 11.0 or later, you can download the Webull App. The iOS app allows you to use voice commands to launch features and even has voice-activated trading capabilities! All you need to do is tell the app to buy or sell a stock and it will process it for you.
The iPhone app can manage advanced orders like stop losses and take profit, so you can manage your risk and respond to price movements. Likewise, it gives you access to Level 1 and 2 market data so that you have even more information to drive your trades.
Webull iOS App
Android App
For Android devices, you will need to access the Google PlayStore and download the Webull App. This tool allows you to buy and sell securities on your Android, as well as access Level 1 & 2 data about the markets. All trades are commission-free and there is no minimum deposit to get started.
Windows App
Webull has a Windows Native App that can be installed right onto your device. Here you can trade stocks, ETFs, options, and crypto without needing to launch your web browser. You can also access all the charting and analysis tools.
Mac App
You can also download the Webull App on Mac if your device uses macOS 11.0 or later and has an Apple M1 chip. This application includes all the functionality on your web browser but has a sleek and convenient interface that can be launched right from your desktop.
Web Browser App
Don’t want to download an app to your phone or computer? No problem! The Webull web browser app allows you to access all the tools and tech on the platform without a download. It works with all major browsers, including Chrome, Firefox, and Safari.
How Can I Download the Webull App?
To download the Webull iOS App, follow these easy steps:
1
Open the App Store
2
Search ‘Webull’
3
Choose the Webull iOS App
Webull App Download in App Store
4
Click Get to Initiate the Download
To download the Webull App on other devices, follow the link and instructions here.
Webull App Customization
One of the best things about the Webull App is the wide variety of customization features. You can set up a custom watchlist to track your favorite stocks and build unique charts that will help you decide when to buy or sell.
Similarly, you can set up personalized alerts to ensure that you never miss any important news or market activity!
Technical Analysis
Webull’s technical analysis offerings are unmatched. They provide extensive charting and drawing options on all platforms, including technical indicators, so that you can make strategic and timely investments.
For example, you can generate candlestick, linear, and bar charts that use various timeframes – down to the minute if you choose that option! These can be compared to RSI oscillators, moving averages, Bollinger bands, and more.
Webull Technical Indicators
You can even use the Webull stock screener to look for investments based on your technical analysis! The custom filters let you narrow down your search until you find exactly what you are looking for. Likewise, you can save your search for easy use in the future.
Technical Analysis on Webull App
Widgets
With stock widgets, you can quickly check price movements on your favorite investments and get personal alerts on demand. You can even set up an order placing widget on your desktop that lets active traders buy and sell at any time!
Widgets in Webull App
News and Fundamental Analysis
There is no shortage of news and tools for fundamental analysis on the Webull App. You can access market data across more than 100 exchanges and even get insights from analyst ratings and commentary.
The platform also displays upcoming IPOs and earnings reports so that you never miss an important announcement.
Webull Fundamental Analysis
Webull App for Options Trading
You can trade options by navigating to the stock detail page and selecting the ‘options’ button on the bottom of the app screen. If you want to exercise an option, you must contact a broker or send a message through the Webull Help Center.
Webull App Options Trading
Webull App for Stock Trading
To start trading stocks and ETFs on the Webull App, simply type the ticker in the search bar. Once you find the stock you want to buy or sell, click on trade.
Stock Trading on Webull App
Webull App for Crypto
You must first apply to trade Crypto before you can buy or sell digital tokens:
Crypto Trading on Webull App
Example: How to Use the Webull App
1. Search for the Desired Ticker
Stocks Search on Webull App
2. Review Charts, News, and Analysis
Analysis on Webull App
3. Make a Trade Manually or with a Voice Command
Is the Webull App Free?
The Webull App is free to download, and it does not cost anything to access most of the features on the platform. This includes watchlists, research, and charting.
What About Trading Fees?
There are no fees to trade on Webull’s platform. That means you can buy and sell stocks and options with zero commission!
How Does the Webull App Protect My Data?
Webull has safeguards in place that comply with all regulations to ensure that your data is protected. Their privacy policy outlines these security measures, which include unique authentication requirements and confidentiality standards.
Not only do they have a specialized management process in place to protect your data, but they also have an emergency response plan to address any issues before they arise.
Is the Webull App Good for Beginners?
The Webull App is a top choice for beginners. If you are just getting started with investing, it is helpful to use a tool that is simple to use and easy to learn. Webull’s sleek interface is user-friendly and provides all the tools beginners need to jump into trading.
Whether your goal is to start with an IRA or crypto, Webull is ideal for beginners. However, that doesn't mean the platform is not great for intermediate and advanced traders too. The robust analytics features and customization capabilities ensure that the app is functional for traders of all skill levels and backgrounds!
Summary
The Webull App is perfect for anyone that wants to trade online. Whether you are a beginner or an advanced investor, it has all the tools you need to make strategic trading decisions.
You can access the app on several different platforms and devices without losing out on the functionality. That means you can always track your investments, analyze charts, and access the latest news no matter where you are!
FAQs
Which platforms does the Webull App Support?
The Webull App is available on iOS, Android, Windows, and Mac. They also offer a Web App, so you can use the online trading platform on any laptop, desktop, tablet, or mobile device.
What are the benefits of using the Webull App?
The Webull App offers zero-commission trades for stocks, ETFs, and options – there is no minimum account balance either. You can buy and sell investments, conduct valuable research, and track all your investments with the push of a button. The interface is sleek and user-friendly too!
Can You Customize the Webull App?
Webull provides many customization features on their application. You can set up your watchlist, build custom charts, and customize your dashboard with ease. You are in complete control!
Does it Cost Anything to Use the Webull App?
There is no cost associated with downloading the Webull App. Trading stocks, options, and ETFs is also free on the platform, and none of the advanced features like margin accounts and research tools require additional fees.
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.
The area of responsibility of Mikhail includes covering the news of currency and stock markets, fact checking, updating and editing the content published on the Traders Union website. He successfully analyzes complex financial issues and explains their meaning in simple and understandable language for ordinary people. Mikhail generates content that provides full contact with the readers.
Mikhail’s motto: Learn something new and share your experience – never stop!
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.
Olga has extensive experience in writing and editing articles about the specifics of working in the Forex market, cryptocurrency market, stock exchanges and also in the segment of financial investment in general. This level of expertise allows Olga to create unique and comprehensive articles, describing complex investment mechanisms in a simple and accessible way for traders of any level.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.
