Webull Review

Webull

Founded 2017

Minafi Score

70 /100

Minafi Rating

7 /10

Usability Rating

8 /10

Cost Rating

3 /10

Trust Rating

8 /10

Company Age Score

5 /5

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Webull Alternatives

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Webull

70

Minafi's Take

Webull is a day trading stock application that is giving Robin Hood a run for its money. You can trade stocks for free instantly while leveraging Webulls Desktop and mobile apps to stay in the know. With a heavy on tools to research and understand the stock market, it’s possible to learn everything you need to know using just Webull’s software.

Just The Facts

Here’s everything you want to know about Webull.

Who Manages Your Money?

Webull is categorized as a Self-Guided Account.

What Features Does Webull Offer?

Webull allows you to invest using at least 3 different account types, over at least 6 platforms.

How Much Does Webull Cost?

Webull charges a small trading fee of $0.0000221 * Total $ Trade Amount with a minimum of $0.01.

Current Promotions

  • 2 Free stocks on deposit of at least $100 (valued between $8 and $1,600)

Fees & Expenses View all fees

  • SEC Trading Fee - $0.0000221 * Total $ Trade Amount (Min $0.01) on sells only.
  • FINRA Trading Fee - $0.000119* Total Trade Volume (Min $0.01 per - Max $5.95 per) on sells only.
  • Options - $0.0000221 * Total $ Trade Amount (Min $0.01)(Sells Only)

How Do I Sign Up?

Open an Account

Pros

  • Low cost.
  • Easy to use.
  • No account minimum.
  • Good for day trading.

Cons

  • Relatively new (started in 2017).
  • No mutual funds.
  • Slower account setup than Robin Hood.
  • Not great for retirement or long-term investing.

Webull Screenshots

We have 5 screenshots of Webull.

  • screenshot.title

    Webull iOS App - First Run

  • screenshot.title

    Webull iOS App - Open Account

  • screenshot.title

    Webull iOS App - Watchlist

View all 5 screenshots

Webull Alternatives

Here's a look at how Webull compares with it's closest competitors.

Webull

70

Open An Account
Ratings
Rating Type Rating
Minafi Rating 7 /10
Usability Score 8 /10
Cost Rating 3 /10
Trust Rating 8 /10
Company Age Score 5 /5
JD Power Score -
Overview
Overview Feature Included
Founded 2017
Min Investment $0.00
Classification
Accounts Offered
How to Access
Allows Investors from
Features
Feature Included
Automatic Investing
Automatic Rebalancing
Automatic Tax-Loss Harvesting
Checking Account
Fractional ETF Shares
Free Trades
Good for Beginners
Good for Day Trading
Good for Retirement
Sign Up Bonus
Fees & Expenses
Fee Type Included
Management Fee -
Monthly Fee -
Options Fee -
Trade Fee -

Acorns

77

Open An Account
Ratings
Rating Type Rating
Minafi Rating 6 /10
Usability Score 8 /10
Cost Rating 7 /10
Trust Rating 7 /10
Company Age Score 5 /5
JD Power Score -
Overview
Overview Feature Included
Founded 2012
Min Investment $0.00
Classification
Accounts Offered
How to Access
Allows Investors from
Features
Feature Included
Automatic Investing
Automatic Rebalancing
Automatic Tax-Loss Harvesting
Checking Account
Fractional ETF Shares
Free Trades
Good for Beginners
Good for Day Trading
Good for Retirement
Sign Up Bonus
Fees & Expenses
Fee Type Included
Management Fee -
Monthly Fee
Options Fee -
Trade Fee -

Robinhood

37

Open An Account
Ratings
Rating Type Rating
Minafi Rating 5 /10
Usability Score 9 /10
Cost Rating 0 /10
Trust Rating 2 /10
Company Age Score 5 /5
JD Power Score -
Overview
Overview Feature Included
Founded 2013
Min Investment $0.00
Classification
Accounts Offered
How to Access
Allows Investors from
Features
Feature Included
Automatic Investing
Automatic Rebalancing
Automatic Tax-Loss Harvesting
Checking Account
Fractional ETF Shares
Free Trades
Good for Beginners
Good for Day Trading
Good for Retirement
Sign Up Bonus
Fees & Expenses
Fee Type Included
Management Fee -
Monthly Fee -
Options Fee -
Trade Fee -

Compare Webull with other platforms »

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