Updated September 29, 2026 · BrokerCue Editorial Team
Interactive Brokers vs Webull
Where Interactive Brokers and Webull differ
| Compare |  Interactive Brokers |  Webull |
|---|---|---|
| Markets | Bonds, ETFs, Forex, Funds, Futures, Options, Stocks | Stocks, ETFs, Options, Futures, Crypto, Bonds, Funds |
| Regulators | SEC, FCA, SIPC | FINRA, SEC, SIPC |
| Options contract fee | $0.65 | $0Lower |
| Platforms | Client Portal, IBKR Desktop, IBKR Mobile, Trader Workstation | Desktop, Mobile, Web |
| Account types | ISA, SIPP, IRA, Joint, CorporateCovers more | IRA |
| Minimum deposit | $0 | Not confirmed |
| Margin rate | 4.38% | Not confirmed |
| Deposit and withdrawal fees | Not confirmed | $0 incoming stock transfer |
| Interest on cash | 3.38% | Not confirmed |
Same on both: Stock trade fee ($0), Investor protection (SIPC up to USD 500,000).
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Key differences
- Regulators: only Interactive Brokers offers FCA.
- Regulators: only Webull offers FINRA.
- Interactive Brokers is licensed in 1 more country.
- Options contract fee is lower at Webull: $0 vs $0.65.
- Markets: only Interactive Brokers offers Forex.
- Markets: only Webull offers Crypto.
- Platforms: only Interactive Brokers offers Client Portal, IBKR Desktop, IBKR Mobile.
- Platforms: only Webull offers Desktop, Mobile, Web.
- Account types: only Interactive Brokers offers ISA, SIPP, Joint.
- Support channels: only Interactive Brokers offers Community.
Our verdict on each
Interactive Brokers
Interactive Brokers suits investors who want a single account across ISA, SIPP, IRA, joint and corporate holdings, with stocks, bonds, funds, forex, options and futures behind it. It ranks 1 of 213 brands on minimum deposit at $0, and stock trades are charged at $0.
Webull
Webull suits US retail investors who want a single app for stocks, options, futures, crypto and retirement saving, and the fee line is the draw: a stock trade costs $0. Investor protection is SIPC up to USD 500,000, though the account range is narrow.
Score breakdown
| Area | Interactive Brokers | Webull |
|---|---|---|
| Cost | 9.3Stock trades cost $0, the minimum deposit is $0 and an options contract costs $0.65. | 9.7Higher |
| Offer | 9.6HigherAccount types cover isa, sipp and ira, and the market list spans bonds, etfs and forex. | 9.3 |
| Trust | 9.8 | 9.8 |
How they place
| Ranking | Interactive Brokers | Webull |
|---|---|---|
| Stock and ETF brokers | 35 of 490 | 36 of 490 |
| Options trading platforms | 7 of 103 | 8 of 103 |
| Futures trading platforms | 8 of 83 | 9 of 83 |
Feature by feature
| Markets | Interactive Brokers | Webull |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | No |
| Options | Yes | Yes |
| Futures | Yes | Yes |
| Crypto | No | Yes |
| Bonds | Yes | Yes |
| Funds | Yes | Yes |
| Account types | Interactive Brokers | Webull |
|---|---|---|
| ISA | Yes | No |
| SIPP | Yes | No |
| IRA | Yes | Yes |
| Joint | Yes | No |
| Corporate | Yes | No |
Where each is licensed and available
| Country | Interactive Brokers | Webull |
|---|---|---|
| United States | SIPC SIPC member 53615 | SIPC SIPC member 71394 |
| United Kingdom | FCA 208159 | Not confirmed |
Sources behind this comparison
Interactive Brokers
- interactivebrokers.com: 9 facts, checked September 26, 2026
- brokersway.com: 2 facts, checked September 26, 2026
- toponlineforexbrokers.com: 2 facts, checked September 26, 2026
- euinvestinghub.com: 1 fact, checked September 26, 2026
- eupersonalfinance.eu: 1 fact, checked September 26, 2026
Webull
- webull.com: 9 facts, checked September 26, 2026
- brokercheck.finra.org: 2 facts, checked September 26, 2026
- sipc.org: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | Interactive Brokers | Webull |
|---|---|---|
| Features | Fractional shares, Mobile app | Crypto, Demo account, Fractional shares, Options, Futures, Mobile appCovers more |
| Pricing model | Commission free, Low feesCovers more | Commission free |
| Legal entity | INTERACTIVE BROKERS LLC | WEBULL FINANCIAL LLC |
| Headquarters | United States | Not confirmed |
| Founded | 1978 | Not confirmed |
| Support channels | Help centre, Community | Email, Phone, Help centre |
Robo-advisors
| Fact | Interactive Brokers | Webull |
|---|---|---|
| Portfolio types | ETF | Not confirmed |
Where each stands against the rest
| Fact | Interactive Brokers | Webull | Median |
|---|---|---|---|
| Minimum deposit | $0below the median | Not confirmed | $10 |
| Stock trade fee | $0at the median | $0at the median | $0 |
| Margin rate | 4.38%below the median | Not confirmed | 8.79% |
| Options contract fee | $0.65above the median | $0lowest quarter | $0.59 |
| Interest on cash | 3.38%above the median | Not confirmed | 3% |
Median across 99 listed brokers.
Pros and cons
Interactive Brokers
Pros
- A stock trade costs $0 and the minimum deposit is $0, the pairing behind rank 1 of 161 on stock trade fees among the brokers tracked here.
- The account types listed cover isa, sipp and ira, so an ISA, SIPP, IRA, joint or corporate account all sit under a single provider.
- bonds, etfs and forex puts stocks, ETFs, bonds, funds, forex, options and futures on the same account, with a margin rate of 4.38% for geared positions.
Cons
- Support runs on help centre and community, so a phone line and live chat sit outside the offer.
- bonds, etfs and forex covers shares, ETFs, bonds, funds, forex, options and futures but leaves out crypto and CFDs, which eToro lists in stocks, etfs and forex.
- An options contract costs $0.65 against a stock trade at $0, so options strategies pay a visible premium per contract.
Webull
Pros
- A stock trade costs $0 and an options contract $0 on the ira account.
- Investor protection is SIPC up to USD 500,000, with registration under FINRA, SEC and SIPC.
- A single app covers stocks, etfs and options, so shares, bonds, funds, options, futures and crypto sit together.
Cons
- Support runs on email, phone and help centre, with no live chat listed.
- Account choice is narrow, with ira the only type listed.
- Across the brokers compared, the middle retail loss share is 70.15% and the top of the range 88%.
Who each suits
Interactive Brokers
Who it suits
- Investors holding money across several wrappers, since the account types listed cover isa, sipp and ira.
- Traders who want options, futures, forex and bonds alongside shares on a single account, per bonds, etfs and forex.
- Anyone starting with a small balance: the minimum deposit is $0 and fractional shares appear in the feature list (fractional shares and mobile app).
Who should look elsewhere
- Anyone who trades crypto or CFDs, since bonds, etfs and forex leaves both out while eToro lists them in stocks, etfs and forex.
- Readers who want a stated entry figure as a signal of the provider's target size, since Vantage publishes $5 where this broker's minimum is $0.
Webull
Who it suits
- US retail investors who want stocks, options, futures and crypto under a single login
- Beginners using the demo account in crypto, demo account and fractional shares before committing money
- Retirement savers who want $0 stock trades in the same app
Who should look elsewhere
- eToro, if you want forex and CFDs, since stocks, etfs and forex include them
- CFI, if your focus is forex and CFDs rather than stocks, etfs and options
- Vantage, if you trade metals and CFDs, which its forex, cfds and stocks cover
Country by country
| Country | Interactive Brokers | Webull |
|---|---|---|
| United States | No | Yes |
Questions about each
Interactive Brokers
What does it cost to trade shares?+
A stock trade is charged at $0 and the minimum deposit is $0, so opening an account and dealing in shares carry no charge. The money sits in derivatives and leverage instead, where an options contract costs $0.65 and the margin rate is listed at 4.38%.
Is my money protected?+
The regulatory list runs to SEC, FCA and SIPC, and investor protection is stated as SIPC up to USD 500,000. The UK entry is the FCA under licence 208159, while the US side names the SEC and the SIPC membership SIPC member 53615. The protection figure describes the scheme stated for the account and says nothing about how a trade performs.
Webull
What does it cost to trade?+
A stock trade costs $0 and an options contract $0, on the ira account. The pricing model is commission free, and incoming stock transfers are free. Costs stay low, though they do not decide whether a trade makes money.
Is my money protected if the firm fails?+
Accounts sit with WEBULL FINANCIAL LLC. Investor protection is SIPC up to USD 500,000, and registration with FINRA, SEC and SIPC applies, with SIPC membership listed as SIPC member 71394. Low costs do not change that, so weigh the retail loss figures before you trade.
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