Webull review
Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026
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Our verdict
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.
Key facts
- Best for
- Trading shares, options and crypto in a single US app without a per trade charge.
- Stock trade fee
- $0 (Source, checked September 26, 2026)
- Markets
- Stocks, ETFs, Options, Futures, Crypto, Bonds, Funds (Source, checked September 26, 2026)
- Regulators
- FINRA, SEC, SIPC (Source, checked September 26, 2026)
- Investor protection
- SIPC up to USD 500,000 (Source, checked September 26, 2026)
- Options contract fee
- $0 (Source, checked September 26, 2026)
- Deposit and withdrawal fees
- $0 incoming stock transfer (Source, checked September 26, 2026)
- Platforms
- Desktop, Mobile, Web (Source, checked September 26, 2026)
- Account types
- IRA (Source, checked September 26, 2026)
- Legal entity
- WEBULL FINANCIAL LLC (Source, checked September 26, 2026)
- Support channels
- Email, Phone, Help-centre (Source, checked September 26, 2026)
- Features
- Crypto, Demo account, Fractional shares, Options, Futures, Mobile app
- Pricing model
- Commission-free
- Official website
- webull.com
Pros and cons
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.
- Fractional shares, a demo account and a mobile app are all in crypto, demo account and fractional shares, and incoming stock transfers are free.
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 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
The company behind it
Accounts are held by WEBULL FINANCIAL LLC, the US entity behind the brand, and its SIPC membership is listed as SIPC member 71394. Support runs on email, phone and help centre, so help arrives by email, by phone or through the help centre, with no live chat in the list. Budget for phone or email if a transfer or order needs checking.
How Webull compares
Webull vs Nexo9.6 vs 9.0
9.6 vs 9.4
9.6 vs 8.7
MarketScreener
9.6 vs 9.4
9.6 vs 8.7
9.6 vs 9.0
9.6 vs 9.3
9.6 vs 8.7
9.6 vs 8.6
Webull vs eToro9.6 vs 9.2Wider for currency trading: stocks, etfs and forex add forex and CFDs alongside shares and crypto.
9.6 vs 8.7
Kitco
9.6 vs 9.1
9.6 vs 9.0
9.6 vs 9.0Pepperstone
Vaulted
wikifolio.com
Intellectia
Winvest
Libertex International
XM VN
Where Webull is available
- Available
- United States
- Licence in United States
- FINRA, checked September 26, 2026
- Licence in United States
- SEC, checked September 26, 2026
- Licence in United States
- SIPC (SIPC member 71394), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
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.
What can I actually trade?+
The market list covers stocks, etfs and options, so shares, exchange traded funds, bonds and funds sit alongside options, futures and crypto. Options and futures also appear in crypto, demo account and fractional shares. You order across all of them from the same account rather than moving between separate platforms.
Which account types can I open?+
The account type listed is ira, so retirement investing is the wrapper on offer. Tax advantaged accounts such as an ISA or SIPP are not in the list. If you are in the UK, that rules Webull out for tax sheltered saving.
How do I move money in and out?+
Deposits and withdrawals follow the published pricing, and $0 incoming stock transfer covers an incoming stock transfer. If a transfer looks wrong, support on email, phone and help centre can check it. A demo account in crypto, demo account and fractional shares lets you try the flow first.
Can I use it on my phone?+
The platforms listed are Desktop, Mobile and Web, and a mobile app appears in crypto, demo account and fractional shares. That matters if you place orders away from a desk. Fractional shares also sit in crypto, demo account and fractional shares, so smaller amounts can be spread across several holdings.
What tools does the app include?+
The feature list includes crypto, demo account and fractional shares, covering crypto, a demo account, fractional shares, options, futures and a mobile app. The demo account lets you practise before putting money in. Trading fees sit at $0 for a share and $0 for an options contract.
Do most retail investors make money?+
Across the brokers compared, a middle retail loss share is 70.15%, with the range running 40.3% to 88%. Low costs such as $0 do not narrow that spread. Treat the app as a tool rather than a strategy.
Sources
- sipc.org/list-of-members checked September 26, 2026
Backs: Legal entity, Licences
“reportingFileNumber=69978; name=WEBULL FINANCIAL LLC”
- brokercheck.finra.org/firm/summary/289063 checked September 26, 2026
Backs: Investor protection, Regulators
- webull.com/pricing checked September 26, 2026
Backs: Features, Markets, Pricing model, Account types, Platforms, Stock trade fee, Support channels, Options contract fee, Deposit and withdrawal fees
“Stocks & Fractional Shares, Buy & Sell Crypto, paperTrade, Mobile”
Compiled from 3 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Minimum deposit, Account fee, Inactivity fee, Retail accounts that lose money.
Webull
Trading shares, options and crypto in a single US app without a per trade charge.