Webull Rated 4/5

Webull Guide - Read our In Depth 2021 Webull Review

This Webull review was written by industry experts with over 20 years of financial experience in Stocks, Options, ETFs, ADRs.

Benefits of Trading with Webull

Webull Review 2021 Quick Summary
💰 Min Deposit 50
👱‍♂️ Used By 5,000 Webull users and traders
📆 Founded 2017
🌍 HQ USA
👮‍♂️ Regulation Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA)
🚫 Excluded Countries Webull is not available in the following countries : UK, AU, SA, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX

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Your capital is at risk


learn more Learn more about Webull.
Your capital is at risk

What is Webull?

Webull are a online financial trading platform and multi asset broker founded in 2017

Over 4 years later Webull has grown to offering retail investors Stocks trading, Options trading, ETFs trading, and ADRs trading.

Webull are not a global broker as they are not allowed to operate in some major geo regions. Webull have a head office in USA.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this Webull review and assess how well the Webull platform functions in its role as an international multiple financial asset trading platform for traders in 2021.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like Webull can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of Webull we breakdown the pros and cons. What Webull are able to offer, what countries Webull are available in. Who Webull are regulated by and more.

Webull Review Screenshot

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this Webull review useful.

This review of the Webull platform is very detailed. If you are interested in trading with Webull in any capacity please take the time to read and research the whole Webull review.

We have tried to explain the ins and outs of financial trading through the Webull platform as plainly as possible so that you the trader are as informed as possible before you start to use the Webull trading tools and depositing and withdrawing funds from Webull.

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with Webull like Stocks trading, Options trading, ETFs trading, and ADRs trading. you should have confidence in Webull and know that the management of your financial investments on the Webull platform are in good hands.

At the bottom of this Webull review you can also learn about some pretty good alternatives to Webull

With this Webull review we hope to help you see if Webull is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Webull that will help you get off to a good start in the world of online trading.

Webull Review Table of Contents

Webull review
Webull is a Multi-Assets Trading Platform with over 100+ Assets

Learn more about Webull. Webull is a multi asset platform with 100+ tradable Assets. Assets available on Webull include Stocks, Options, ETFs, ADRs.

Webull trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Stocks, Options, ETFs, ADRs are considered financial assets.

Features of Webull

Webull review
What you should know

Webull offer four ways to trade: Stocks, Options, ETFs, ADRs.

With Webull you will need a minimum deposit of $50. You can sign up for a demo account to acquaint yourself with Webull platform.

Webull are able to accommodate various levels of traders whether you are experienced or a beginner.

Are Webull safe?

When choosing a broker like Webull the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2017, and in operation for 4 years Webull have a head office in USA.

Webull is regulated. This means Webull are supervised by and is checked for conduct by the Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Webull, this will be honored. If Webull violate any regulatory rules their regulated status could be stripped.

Your capital is at risk

Is my money safe with Webull?

Any payments funded to Webull accounts by traders are held in a segregated bank account.

For added security Webull use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

What are Tier 1 banks and why should Webull use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in Webull deposited in a Tier 1 bank?

Having any money you deposit with Webull means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if Webull goes out of business for some reason.

Therefore, we can safely conclude that Webull is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Stocks, Options, ETFs, ADRs is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. Webull also clearly state on their platform that Your capital is at risk.

Now that we have answered some important questions regrding Webull. let us look at the Webull features in more detail.

Try creating two accounts when you are working with Webull. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Webull

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Webull as a Company Compare Against Other Brokers

Broker webull eToro IC Markets XTB
Year Established 2017 2007 2007 2002
Head Office USA Cyprus, UK Australia Poland
Regulation Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa
Used By 5,000+ Webull users 20,000,000+ eToro users 180,000+ IC Markets users 250,000+ XTB users
Negative balance protection Yes Yes Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit Webull Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 67% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Webull review
Webull Pros and Cons

What we like about Webull

  • Used by over 5,000 Webull users and traders
  • Established in 2017
  • Regulated by Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA)
  • Min. deposit from $50

What we don't like about Webull

Webull review
Webull Regulation and Licensing in more detail

We have checked and Webull is regulated and supervised by reputable organisations. You are able to check every Webull supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Webull. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria for license approval, this is determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Webull traders and provide a safe trading environment. Financial regulation and license approval is essential.

Webull is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Webull you should be sure they're legitimate online agent.

Is Webull Global?

No, Webull is not global, Webull is not available globally as Webull is not available in some major trading countries.

Webull is restricted in some major geo regions.

Webull review
Webull Fees Explained

  • Webull withdrawal fees varies on payment method
  • Webull does not charge a fee for inactive accounts.
  • Webull doesn't charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company. Brokers may charge clients various trading fees that you need to be aware of as they may affect your bottom line.

How Webull Fees Compare Against Other Brokers

Broker webull eToro IC Markets XTB
Min Deposit 50 50 200 0
Withdrawal Fees varies Yes No varies
Inactivity Fees No Yes No Yes
Deposit Fees No No Varies No
CFD Commission Fees No Yes Yes Yes

Webull Minimum Deposit

Webull require a minimum desposit of 50 GBP/USD when opening an Webull trading account.

A minimum deposit is the minimum amount of money required by Webull to open a new online brokerage account with them.

Dont be scared off by brokers like Webull charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other trading fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

Webull Withdrawal Fees

Webull withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees, processing times and a potential currency conversion fee. The Conversion fee is dependant on your base currency, your recieving currency, your payment provider.

Webull for example allow you to withdraw your funds to Credit cards, Debit cards, Bank Transfer.

Webull Inactivity Fees

Webull does not charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

Webull Desposit Fees

Webull does not charge deposit fees. Although bank / 3rd party merchant fees may apply.

You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

Webull Commission Fees

Webull does not charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

Webull review
What can you trade with Webull?

Be aware that Different entities under Webull Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with Webull over 100 instruments infact.

If you are looking for Forex brokers to trade currency pairs on global Forex markets Webull offer over 0 currency pairs.

Compare Webull with eToro and IC Markets below.

Your capital is at risk

How Webull Trading Options Compare Against Other Brokers

Broker webull eToro IC Markets XTB
Instruments Available 100 2000 232 4000
Platforms Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 0 50 65 57
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 31 19 21
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 100 2042 110 1696
UK Shares No Yes Yes Yes
US Shares Yes Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit Webull
Your capital is at risk
Visit eToro
67% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Webull review
Trading on Webull web platforms and other applications

Webull offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

Webull also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.

See Webull's platforms

Is the Webull Trading Platform Secure?

Webull safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Webull also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Webull.

Webull Trading Platform Options

Once you have logged into your Webull account you will see the below trading platform options available to you.

  • MetaTrader 4 (MT4)

Webull does not offer the MetaTrader 5 (MT5) trading platform. If you are looking for a online platform that does support MT5 click here

Webull does not offer the cTrader trading platform. You can find a broker that supports cTrader here

Lets explore each of these trading platforms in detail and what options Webull gives you.

Webull review
Webull MetaTrader 4 (MT4)

Webull MetaTrader 4

MetaTrader 4 also known as MT4 is the number one trading platform on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to ful fill all of your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.

Understand that the MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with Webull. You can learn more about the MT4 Platform here.

You can start using the MetaTrader 4 platform with Webull in multiple formats including through an online web platform, Through a downloadable application for Windows PC's and Apple Macintosh computers. Webull MetaTrader 4 is compatible with the latest macOS Mojave. Webull allows traders to trade on mobile devices through Android and IOS devices like the iPhone.

Metatrader 4 Webtrader on Webull

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world.

Trade Webull MetaTrader 4 on IOS Devices

You can download the Webull app or also trade with Webull through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program for free of charge from Apple's App Store. Webull customers have instant access to this Financial markets, with the ability to completely manage a Portfolio on the go.

Trade Webull MetaTrader 4 on Android Devices

Andorid mobile devices and tablets are used by millions of people globally. Webull provides its clients access to the MetaTrader 4 platform on Android supported devices so that customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Webull MetaTrader 4 Android application enable traders to make the most of multiple advanced trading features which enables them to monitor and trade Forex quickly on the go, simply and securely.

Trade Webull MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators is a Bundle of three Major indicators including:

  • Analyst Perspectives - A go-to resource for leadership and key levels.
  • Adaptive Candlesticks - Identifies chart patterns which illustrate important changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Much like MACD however useful at shorter lengths and provides more timely signs.

Webull MetaTrader 4 Advanced Trading Tools

The Webull advanced trading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage. Webull offers access to 20 exclusive tools which includes feature rich trade execution & management programs, sophisticated notification alarms, messaging facilities, innovative market data & more.

Trade Webull MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal provides a intuitive easy to use dashboard where traders can administer and supervise several trading accounts. MultiTerminal will let you manage over 100 Accounts simultaneously allowing you to place market orders, pending orders, view live market prices and track all accounts and equity at real time. All Trading accounts must be in on the same MetaTrader server. MultiTerminal doesn't support Automated Trading scripts like Expert Advisors.

Webull MetaTrader 4 AutoChartist

Webull Autochartist provides the world's first Market Scanner available for MT4 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can't remember which currency you're taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade.

Webull Trading benefits

  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection

Webull Trading Accounts Offered

Below we give an overview on the account types that Webull offer. Whatever you are looking to trade the varying Webull account types will be able to provide you with what you need.

  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • STP account

Can I try Webull before I buy?

Webull offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Your capital is at risk

Webull withdrawal and funding methods

Please note that the list of Webull payment methods below depend on the Webull Entity and the Clients Country of Residence.

All available Webull payment methods available to you can be found in your Webull members area checked on the Webull website.

Webull offer the below funding payment methods. You can use any of the below deposit options if available in your region. learn more about Webull

Webull Payment Methods

  • Webull accepts Credit cards
  • Webull accepts Debit cards
  • Webull accepts Bank Transfer
Broker webull eToro IC Markets XTB
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer No Yes No Yes
Neteller No Yes Yes Yes

*please note available Webull and other broker payment methods depend on the clients country of residence.

How can I start trading with Webull?

When opening a trading account with Webull, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Webull trading platforms here. You will need to provide some basic documentation to prove your identity as part of Webull onboarding and normal KYC identity checks. These checks are standard practice and help Webull provide a safe financial environment for their 5,000 users.

Your capital is at risk

Performing trades with Webull

Webull allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. Webull allow you to execute a maxium trade of 100 Lot. As Webull offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

Webull are one of very few brokers that claim to have no requotes, so you don't have to worry about slippage (your trades being ordered at a different price to what you executed them at).

As with most brokers, margin requirements do vary depending on the instruments.

Limiting Your Risk When Trading with Webull Negative Balance Protection

We should say something about negative balance protection with Webull. When trading using leverage an adverse move could result in losing more than your trading account balance at Webull. If your broker is regulated by the FCA Negative Balance Protection should be set in place by your broker as standard. Your Webull account could potentially become negative. We recommend you making use of negative balance protection. Using negative balance protection ensures your losses will always be limited to the current balance of the money in your account.

Education resources at Webull

To trade effectively with Webull, it's important to get a have a good understanding of the Webull trading tools and the markets. Make sure you make full use of all education tools. This includes eduction tools with Webull and externally.

Webull offer a good selection of educational resources. Take your time, learn how the financial markets move. Take the time to learn how your trading platform works. Make buy and sell trades, learn how to take advantage of global trading times and most importantly learn how to mitigate and manage investing risk.

Having an analytical approach may be a good way to approach trading with Webull.

Take time to look around the Webull platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Webull

As part of our Webull review we review customer service options, response times and Webull trading platform problem resolution effectiveness.Webull support a wide range of languages including English, Chinese, .

See how Webull Support Compares Against Other Brokers

Broker webull eToro IC Markets XTB
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Chinese, English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit Webull Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 67% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with Webull

As Webull is regulated by Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware that the expiration date of Proof of address document for different entities under Webull Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Webull's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Webull you can visit the Webull trading platform here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://webull.com/ on September 25, 2021.

Is Webull A Good Broker?

We spent over 3 months examining Webull in depth. Although Webull are not perfect we found many really useful aspects with the overall offering from Webull. Our personal experience of trading with Webull was very good. Weighing up many points Webull is a good broker.

  • Webull have a good track record of offering Stocks, Options, ETFs, ADRs.
  • Webull has a history of over 4 years.
  • Webull has a reasonable sized customer support of at least 10.
  • Webull are regulated by the Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA). This means Webull fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Webull have regulation from Tier 1 reputable regulators.
  • Webull has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Webull have an international presence in multiple countries. This includes local Webull seminars and training.
  • Webull are able to hire people from various locations in the world who can better communicate in your local language.

Webull Risk Disclosure

Your capital is at risk

Trading Risk Disclaimer

Trading financial instruments including crpytocurrency and foreign currency markets come with a very high level of risk. In regards to leverage and margin based trading you will be exposed to a high risk of loss. Some financial instruments and derivatives that are off exchange may offer varying leverage and may have limited regulatory protection and high market volatility. It should never be presumed that any investment products, techniques, indicators or any other presented resources will result in profits. You should be aware that investing may result in financial loss.

Webull not quite right?

If after reading this Webull review, Webull does not fulfill your needs check out these Webull Alternatives.

Click here to view the best Webull Alternatives

We have spent years researching the best alternatives to Webull. Click the links below to learn more.

If you feel some of the above Webull are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Webull alternatives below.

Related Webull Vs Comparisons

We have covered allot in this Webull review, If you want to see how Webull compares side by side with other brokers check out our Webull Vs pages.

If you would like to see how Webull stands up against other brokers you can read some of our Webull comparisons below. We compare side by side some of our top rated Webull versus comparisons. Read our indepth Webull VS pages below.

Webull review
WEBULL Frequently Asked Questions

Read our detailed Webull FAQ Section updated for 2021.

Can I try Webull before I buy?

Webull offer a demo account so you can try the Webull platform with virtual trading before you put down a payment. Virtual trading with Webull is zero risk. Learn more here

What funding methods do Webull accept?

Please note that the list of payment methods below depend on the Webull Entity and the Clients Country of Residence.

Webull offer the following funding payment methods Credit cards, Debit cards, Bank Transfer, among other payment methods.
Learn more here

Your capital is at risk

Is Webull safe?

Webull are considered safe as they are regulated by and checked for conduct by the Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA). Any payments funded to Webull accounts by traders are held in a segregated bank account. For added security Webull use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Your capital is at risk

Is Webull trading good?

Webull is considered good and reputable to trade with Webull. Webull is used by over 5,000 active traders and Webull users. Webull offers Stocks trading, Options trading, ETFs trading, and ADRs trading. Minimum deposit with Webull is 50.

Is Webull trading Legit?

Webull was founded in USA in 2017. Webull has been facilitating trade on the financial markets for over 4 years. Webull offers clients Stocks trading, Options trading, ETFs trading, and ADRs trading. All funds deposited to Webull are held in segregated tier 1 bank accounts for security. Webull is regulated by Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA) so can be considered legit.

Is Webull a good broker?

Webull is overseen by the top tier financial regulators Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA) so can be considered a good broker. Webull allows Stocks trading, Options trading, ETFs trading, and ADRs trading.

Is Webull trustworthy broker?

Webull can be considered trustworthy. All money funded to Webull is placed into a segregated tier 1 bank account. this means your money in not held by Webull directly by a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Webull is regulated by Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA).

What is the minimum deposit for Webull?

The minimum deposit to trade with Webull is 50.

How long do Webull withdrawals take?

Withdrawing money from Webull processing time varies but averages 2-5 days.

Is Webull regulated?

Webull is regulated by the Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA). Regulatory bodies conduct regular reviews and audits as part of Webull maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is Webull a market maker?

Webull is a market maker. Stocks, currency and other commodities and instruments will be purchased by Webull even if no buyer is lined up.

How can I start trading with Webull?

When opening a trading account with Webull, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Webull trading platforms here.

Is my money safe with Webull?

Webull is regulated by the Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA). One of the most important criteria for traders when choosing a broker like Webull is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Webull, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Webull a con?

Webull is regulated and well established having been in business for over 4 years. Webull is definitely not a con.

Can you make money with Webull?

Although traders have had great success with Webull. Trading on the financial markets with Webull is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does Webull have fees?

Webull withdrawal fees varies on payment method.Webull doesn't charge inactivity fees. Webull doesn't charge deposit fees.

When was Webull founded?

Webull was founded in 2017.

How many people use Webull?

Webull is used by over 5,000 registered Webull users.

What is Webull Headquarters country?

Webull has its head quarters office in USA.

Does Webull offer negative balance protection?

Webull offers negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Webull offer guaranteed stop loss?

Webull does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Webull allow scalping?

Webull does not offer scalping.

Does Webull allow hedging?

Webull offers hedging.

Does Webull offer CFD trading?

Webull does not offer CFD trading.

Does Webull offer STP?

Webull offers STP trading.

How many people use Webull?

Webull is used by over 5000 Webull users and traders.

Is Webull an ECN broker?

Webull does not offer ECN trading.

Does Webull offer a demo account?

Webull offers a demo account.

Does Webull offer an Islamic account?

Webull does not offer Islamic accounts.

What are the funding methods for Webull?

Please note that funding methods and funding options available with Webull can be found in the Webull Members area and depend on the Webull client’s country of residence. Please check your specific available payment methods on the Webull website. Webull accept the following funding methods : Credit cards, Debit cards, Bank Transfer.

Webull review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Webull brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Webull review written by Mark Hansen of Comparebrokers.co