Webull
Zero-commission active trading with professional charting tools
How it works
Webull is a commission-free brokerage built for active traders who want professional-grade tools without paying for them. The platform offers stocks, ETFs, options, and futures trading with no commissions or per-contract fees, alongside an advanced charting package, 24/5 extended hours trading, and a full desktop platform. Webull Premium adds higher cash sweep rates, lower margin rates, and an enhanced IRA match for a small monthly fee.
Is it right for you?
Consider if you
- Active traders who want 60+ technical indicators and 17+ drawing tools
- Options and futures traders seeking zero per-contract fees
- You want 24/5 extended and overnight trading access
Skip if you
- Long-term buy-and-hold investors who want mutual funds
- Investors needing account types beyond Traditional and Roth IRAs
Your money and data
Webull Financial LLC is an SEC-registered broker-dealer and FINRA/SIPC member. Your invested assets are SIPC-protected up to $500,000. Webull clears through Apex Clearing Corporation, which carries excess SIPC insurance. Cash in Webull's cash management program is FDIC-insured through partner banks. Cryptocurrency through Webull Pay is held separately and is not SIPC-protected.
Pros & Cons
Pros
- True $0 commission on stocks, ETFs, and options with no per-contract fee
- Advanced charting with 60+ indicators, 17+ drawing tools, and paper trading
- Webull Premium ($3.99/month) boosts cash APY to ~4.1% and cuts margin rates
Cons
- No mutual funds or forex trading available
- Customer support rated below average across major reviews
- App increasingly criticized as over-gamified with promotional clutter
Pricing details
$0 stock/ETF/options trades · No per-contract fee · Premium $3.99/month · Cash sweep 0.5% APY (4.1% with Premium)
On webull.com · We may earn a commission
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