Webull Singapore review

Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Webull Singapore is a commission-free app broker run by Webull Securities (Singapore) Pte. Ltd. and regulated by the Monetary Authority of Singapore. Stock trades cost $0 and the account fee is $0, so it suits first-time investors who want to trade shares, ETFs, options and futures from an app without a per-trade charge.

Key facts

Best for
A first share and ETF account in Singapore with no per-trade charge and no account fee.
Stock trade fee
$0 (Source, checked September 26, 2026)
Account fee
$0 (Source, checked September 26, 2026)
Markets
Stocks, ETFs, Options, Futures, Funds, Bonds (Source, checked September 26, 2026)
Regulators
Monetary Authority of Singapore (MAS) (Source, checked September 26, 2026)
Options contract fee
$0.55 (Source, checked September 26, 2026)
Legal entity
Webull Securities (Singapore) Pte. Ltd. (Source, checked September 26, 2026)
Headquarters
Singapore (Source, checked September 26, 2026)
Support channels
Email, Phone, Help-centre (Source, checked September 26, 2026)
Features
Demo account, Mobile app
Pricing model
Commission-free
Official website
webull.com.sg

Pros and cons

Pros

  • Stock trades cost $0 and the account fee is $0, so there is no charge for opening or holding the account.
  • Regulated in Singapore by the Monetary Authority of Singapore, with the client entity Webull Securities (Singapore) Pte. Ltd.
  • A single app covers stocks, etfs and options, so the same account handles cash shares and derivatives alike.
  • A demo account sits inside demo account and mobile app, so the app can be learned before any money goes in.

Cons

  • Options contracts cost $0.55 each, so commission-free pricing stops at the cash side.
  • Forex, crypto and CFDs are not among its stocks, etfs and options, which cover shares, ETFs, options, futures, funds and bonds.
Webull Singapore

Ready to try Webull Singapore?

Scored 9.1 / 10 by BrokerCue.

Who it suits

  • New investors in Singapore starting with shares or ETFs and a small balance.
  • App-first traders who want shares, ETFs, options and futures in the same account.
  • Anyone who wants to learn the platform on a demo account before funding it.

Who should look elsewhere

  • eToro, if you trade forex, crypto and CFDs, which sit outside the Webull market list.
  • Vantage, for traders whose plan runs through forex, CFDs and metals rather than shares.
  • CFI, if crypto, forex and CFDs alongside shares are the point, as stocks, etfs and forex allows.

How Webull Singapore compares

Where Webull Singapore is available

Available
Singapore
Licence in Singapore
Monetary Authority of Singapore (MAS), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does it cost to trade stocks with Webull Singapore?+

Stock trades cost $0 and the account fee is $0, so opening and holding the account carries no charge. The pricing model is commission-free. For context, the upper quartile stock trade fee across the brands compared is €0.95.

How much do options contracts cost?+

Options are where a charge appears. Contracts cost $0.55 each, and options sit inside the wider list of stocks, etfs and options. Commission-free stock dealing does not carry over to derivatives, so budget for the contract fee on every position opened or closed.

Who regulates Webull Singapore?+

The account is held with Webull Securities (Singapore) Pte. Ltd., and the regulator named for it is Monetary Authority of Singapore (MAS). Because the entity is registered and based in Singapore, the account runs under a local regulator rather than an offshore one, which keeps the legal side simple for residents.

What can I trade on the account?+

The account covers stocks, etfs and options. Shares and ETFs sit at the core, with options, futures, funds and bonds in the same place. Forex, crypto and CFDs are not on that list, so a plan built around currency pairs or token trades needs a different broker.

Can I practise before putting money in?+

A demo account is included alongside the mobile app, so the platform can be learned without funding it: demo account and mobile app. Support runs on email, phone and help centre, so account questions can go to a person by phone or email as well as through the help centre.

How does it rank on cost against other brokers?+

It ranks 1 of 138 brands on account fee, and 1 of 161 on stock trade fee. Options stay the cost exception at $0.55 a contract, so a derivatives-heavy account pays more than the headline suggests.

Do most people make money trading on apps like this?+

Across the brokers in the stocks ranking, 72.03% of retail accounts lose money, and the site-wide median is 70.15%. In options and futures the medians are 69% and 69%. No commission does not change those odds.

Who is Webull Singapore aimed at?+

It fits a first-time investor in Singapore who wants an app account with stock trades at $0 and an account fee of $0, and who plans to hold shares or ETFs rather than trade currency pairs. Anyone who needs forex, crypto or CFDs should pick a broker whose market list covers them.

Sources

  • webull.com.sg checked September 26, 2026

    Backs: Account fee, Features, Options contract fee, Support channels

    “$0 Platform fees, $0 Commissions - US Stocks & ETFs”

  • webull.com.sg/legal-documents checked September 26, 2026

    Backs: Headquarters, Legal entity, Regulators, Licences

    “Webull Securities (Singapore) Pte. Ltd.”

  • webull.com.sg/pricing checked September 26, 2026

    Backs: Markets, Pricing model, Stock trade fee

    “US Stocks, US Options, SG Stocks, Futures, Mutual Funds, Fixed income - main retail product: US Stocks & ETFs”

Compiled from 3 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Minimum deposit, Inactivity fee, Investor protection, Retail accounts that lose money.

Webull Singapore

Webull Singapore

A first share and ETF account in Singapore with no per-trade charge and no account fee.

9.1/10See alternatives