Webull Review

Webull Logo

Established in 2017, Webull is a New York-based online broker that offers trading in several global markets, including stocks, ETFs, indices, IPOs, ADRs, forex, and futures, offered on over 100 exchanges around the world. They provide clients with their all-in-one proprietary trading platform, which is user friendly and has a range of integrated, advanced, and intelligent trading tools. Webull is customer focused and offers reliable trading conditions, including competitive trading fees, fast executions, and a customer support team that is available all day. However, the broker only accepts clients from the United States and has limited funding options.

Webull Review - Commission Free Stock Trading
Webull Review – Commission Free Stock Trading

Webull Review Introduction

In this Webull review, we will take a look at some of the most important factors worth considering when choosing an online broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.

You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare brokers including Webull.

Webull FX Platforms & Tools

Webull provides their clients with customizable desktop, web, and mobile trading platforms. The desktop platform is available for Mac and Windows computers, while the web platform can run on any modern web browser. People who like to manage their accounts from anywhere and trade on the go can use the mobile trading platform which is available for iPhone, iPad, Android phones, and Tablets.

Webull Review - Desktop Trading Platform
Webull Review – Desktop Trading Platform

The platforms come packed with several fundamental tools, including revenue and historical earnings per share data, key statistics, insider trades, dividends, stock splits, and other news. There also technical analysis tools, including different chart types (real-time bar, candlestick, and line charts), technical indicators, and more.

Webull Review - Trading Platform
Webull Review – Trading Platform

Webull FX Research & Education

Webull offers market research information that clients can access through their desktop, web and online platforms. Their education materials include; individual stock overviews, market news, and screeners page, as well as trading courses that can help their clients familiarize themselves with the trading platform and the financial markets.

Webull Review - Indepth Analysis Tools
Webull Review – Indepth Analysis Tools

Webull FX Trading Accounts

Webull supports only margin accounts and individual cash. Webull does not charge any commission on United States stock trades or for account maintenance, but FINRA and SEC charges apply. Broker charges vary and are susceptible to change. While you can open a cash account with any amount, you will need $2,000 to open a margins account.

Webull FX Account Funding

The broker accepts US domestic wire transfers or ACH. US domestic wire transfers have fees attached to them with a considerable amount of limits. ACH, on the other hand, is void of any charge, but you are only allowed to transfer a maximum of $50,000 daily from your bank account to your Webull account. There are no card payments or e-wallet options.

Webull Customer Service

This broker has a dedicated support team always ready and available 24/7 to answer your questions. However, their support team is only available via email, but they do respond within the hour. Additionally, they do have a FAQ section that answers several common trading questions regarding their service.

Webull Regulation

Webull is a brokerage brand owned and operated by Webull Financial LLC, which is registered and regulated by the U.S. Securities Exchange Commission (SEC). The broker is also a member of the Financial Industry Regulatory Authority (FINRA), an independent organization that regulates registered broker-dealer members.

Webull Review Summary

Webull is a fully regulated online broker that offers real-time market data for stock trading without any minimum deposits, commission or hidden fees. The Webull platform is intuitive and suitable for traders of different experience levels. However, Webull only accepts clients from the United States and have limited funding options.

It is worth mentioning that some of the trading products and services in this Webull review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Webull broker website which you can visit by using the link below.

Trading complex instruments can come with a high risk. You should consider whether you understand how investments and trading work and whether you can afford to take the high risk of losing all of your money.

Webull

6.9

Spreads

6.5/10

Liquidity

6.5/10

Commissions

7.0/10

Support

6.5/10

Regulation

8.0/10

Features

  • Multiple trading instruments
  • Flexible trading platforms
  • Fundamental & Technical analysis tools