Updated September 28, 2026 · BrokerCue Editorial Team
Traders Place vs Webull
What sets them apart
| Compare |  Traders Place |  Webull |
|---|---|---|
| Stock trade fee | €0 | $0 |
| Markets | Stocks, ETFs, Crypto, Bonds, Funds | Stocks, ETFs, Options, Futures, Crypto, Bonds, FundsCovers more |
| Regulators | Federal Financial Supervisory Authority (BaFin) | FINRA, SEC, SIPC |
| Investor protection | EU ICS up to EUR 20,000 | SIPC up to USD 500,000 |
| Platforms | Traders Place App | Desktop, Mobile, Web |
| Account types | Joint | IRA |
| Account fee | €0 | Not confirmed |
| Options contract fee | Not confirmed | $0 |
| Deposit and withdrawal fees | Not confirmed | $0 incoming stock transfer |
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Key differences
- Webull scores higher overall: 9.6 vs 8.9.
- Regulators: only Traders Place offers Federal Financial Supervisory Authority (BaFin).
- Regulators: only Webull offers FINRA, SEC, SIPC.
- Markets: only Webull offers Options, Futures.
- Platforms: only Traders Place offers Traders Place App.
- Platforms: only Webull offers Desktop, Mobile, Web.
- Account types: only Traders Place offers Joint.
- Account types: only Webull offers IRA.
- Features: only Webull offers Demo account, Options, Futures.
Our verdict on each
Traders Place
Traders Place is a German broker built around a commission-free model, with stocks, ETFs, bonds, funds and crypto in a joint account and an overall score of 6.6. It suits investors who want a low running cost and a regulated German setup, with crypto included rather than bolted on.
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 | Traders Place | Webull |
|---|---|---|
| Cost | 9.3Stock trade fee €0 and account fee €0 sit at ranking position 1 and 1. | 9.7Higher |
| Offer | 8.9 | 9.3Higher |
| Trust | 8.6 | 9.8Higher |
Where they rank in our lists
| Ranking | Traders Place | Webull |
|---|---|---|
| Stock and ETF brokers | 18 of 490 | 36 of 490 |
| Investment platforms and apps | 2 of 85 | 7 of 85 |
Licences and countries
| Country | Traders Place | Webull |
|---|---|---|
| Germany | Federal Financial Supervisory Authority (BaFin) MiCA CASP 5299005Y5T6LXFAXDQ78 | Not confirmed |
| United States | Not confirmed | SIPC SIPC member 71394 |
Additional countries for Traders Place: 1. Additional countries for Webull: 1.
Side by side, item by item
| Markets | Traders Place | Webull |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Options | No | Yes |
| Futures | No | Yes |
| Crypto | Yes | Yes |
| Bonds | Yes | Yes |
| Funds | Yes | Yes |
| Account types | Traders Place | Webull |
|---|---|---|
| IRA | No | Yes |
| Joint | Yes | No |
Sources behind this comparison
Traders Place
- tradersplace.de: 8 facts, checked September 26, 2026
- esma.europa.eu: 4 facts, 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 | Traders Place | Webull |
|---|---|---|
| Features | Crypto, Fractional shares, Mobile app | Crypto, Demo account, Fractional shares, Options, Futures, Mobile appCovers more |
| Pricing model | Commission free | Commission free |
| Legal entity | Traders Place GmbH & Co. KGaA | WEBULL FINANCIAL LLC |
| Headquarters | Germany | Not confirmed |
| Support channels | Email, Phone, Help centre | Email, Phone, Help centre |
Where each stands against the rest
| Fact | Traders Place | Webull | Median |
|---|---|---|---|
| Account fee | €0at the median | Not confirmed | €0 |
| Options contract fee | Not confirmed | $0lowest quarter | $0.59 |
Median across 38 listed brokers.
Pros and cons
Traders Place
Pros
- Regulated by Federal Financial Supervisory Authority (BaFin), with investor protection of EU ICS up to EUR 20,000.
- A broad market list, stocks, etfs and crypto, covering equities, ETFs, bonds, funds and crypto.
- Fractional shares, crypto and a mobile app sit in crypto, fractional shares and mobile app, with Traders Place App as the platform.
Cons
- Contact options are limited to email, phone and help centre, with no live chat channel listed.
- The market list covers stocks, etfs and crypto, so forex and CFD traders are not served.
- Retail accounts that lose money run at 70.15% across the brands compared here, so a commission-free model does not remove the risk.
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
Traders Place
Who it suits
- Couples who want a joint account, since joint lists joint.
- Investors who want equities, ETFs, bonds, funds and crypto in a single account: stocks, etfs and crypto.
- Savers who want a German regulated broker with phone and email support: email, phone and help centre.
Who should look elsewhere
- Traders who want forex or CFDs, since CFI lists them in stocks, etfs and forex.
- Investors who prefer to check the cost model against a rival priced in another currency, such as eToro at $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
Current offers
Traders Place
Current offer
Bonus
Neukundenbonus
Source, checked September 26, 2026
Country by country
| Country | Traders Place | Webull |
|---|---|---|
| Germany | Yes | No |
| United States | No | Yes |
Questions about each
Traders Place
What does it cost to buy shares at Traders Place?+
Stock trades are charged at €0 and the pricing model is listed as commission-free, so no commission is added to a share purchase. The account fee is €0 as well, which keeps the cost of holding a plain brokerage account low for a buy and hold investor.
Does Traders Place charge to keep an account open?+
The account fee is €0, and the only account type listed is joint, as joint shows. That suits a couple holding securities together under a single pricing structure. Stock trades themselves are charged at €0, so the account charge is not offset by a per-trade commission.
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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