Webull
in Brokerages from Webull Financial LLC
Would you recommend Webull to your friends?
| Community Rating |
Rating not yet determined |
| Minimum Initial Investment | $0 |
| Online Trade | $0 |
| Broker Assisted Trading Fee | N/A |
| Margin Rate | 3.99% - 6.99% |
Webull Review
Webull is a brokerage based in New York, NY. Founded in 2017, Webull is a good option for experienced traders who require additional research tools and more advanced reports.
This brokerage is a good choice for frequent traders who are looking for a fast platform with low costs that includes tools designed for day traders.
What assets can you invest in with Webull?
| The Good | The Bad |
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What trading fees does Webull charge?
The online trading fees of Webull are below the average ($8.90) for online brokerages. However, there are other fees to consider.
| Trading Fees | Amount |
|---|---|
| Returned Deposit Fee (International) | $30 |
| Incoming Domestic Bank Transfer Fee | $8 |
| Outgoing International Bank Transfer Fee | $45 |
| Incoming International Bank Transfer Fee | $12.50 |
How much do you have to invest to open an account?
Webull does not have a minimum amount to start an account.
What is the minimum amount to open a margin account?
A margin account allows investors to borrow cash by using the securities and cash invested in the brokerage as collateral. Webull offers investors this service but the minimum amount is $2,000.
What margin rates does Webull offer?
Webull offers a margin rate that ranges from 3.99% up to 6.99%.
What brokerage features does Webull offer?
Webull provides users with a variety of tools. These include:
| Supported Options | Unsupported Options |
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What research tools does Webull offer investors?
Webull does not provide its users with a wide selection of research tools. It only includes 5 of the 15 research tools we track.
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Feature Breakdown
| Annual Fee | $0 |
| ETF Trades | $0 |
| Online Trade | $0 |
| Paper Statement Fee | $5 |
| Returned Deposit Fee (Domestic) | $30 |
| Returned Deposit Fee (International) | $30 |
| Wire Transfer Fee - Domestic (Incoming) | $8 |
| Wire Transfer Fee - Domestic (Outgoing) | $25 |
| Wire Transfer Fee - International (Incoming) | $12.50 |
| Wire Transfer Fee - International (Outgoing) | $45 |
| Margin Rate | 3.99% - 6.99% |
Webull Community Reviews
Would you recommend Webull to your friends?
