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Established in 2017, Webull is a New York-based online broker that offers trading in several global markets, including stocks, ETFs, indices, IPOs, ADRs, forex, and futures, offered on over 100 exchanges around the world. They provide clients with their all-in-one proprietary trading platform, which is user friendly and has a range of integrated, advanced, and intelligent trading tools. Webull is customer focused and offers reliable trading conditions, including competitive trading fees, fast executions, and a customer support team that is available all day. However, the broker only accepts clients from the United States and has limited funding options.
Webull FX Platforms & Tools
Webull provides their clients with customizable desktop, web, and mobile trading platforms. The desktop platform is available for Mac and Windows computers, while the web platform can run on any modern web browser. People who like to manage their accounts from anywhere and trade on the go can use the mobile trading platform which is available for iPhone, iPad, Android phones, and Tablets.
The platforms come packed with several fundamental tools, including revenue and historical earnings per share data, key statistics, insider trades, dividends, stock splits, and other news. There also technical analysis tools, including different chart types (real-time bar, candlestick, and line charts), technical indicators, and more.
Webull FX Research & Education
Webull offers market research information that clients can access through their desktop, web and online platforms. Their education materials include; individual stock overviews, market news, and screeners page, as well as trading courses that can help their clients familiarize themselves with the trading platform and the financial markets.
Webull FX Trading Accounts
Webull supports only margin accounts and individual cash. Webull does not charge any commission on United States stock trades or for account maintenance, but FINRA and SEC charges apply. Broker charges vary and are susceptible to change. While you can open a cash account with any amount, you will need $2,000 to open a margins account.
Webull FX Account Funding
The broker accepts US domestic wire transfers or ACH. US domestic wire transfers have fees attached to them with a considerable amount of limits. ACH, on the other hand, is void of any charge, but you are only allowed to transfer a maximum of $50,000 daily from your bank account to your Webull account. There are no card payments or e-wallet options.
Webull Customer Service
This broker has a dedicated support team always ready and available 24/7 to answer your questions. However, their support team is only available via email, but they do respond within the hour. Additionally, they do have a FAQ section that answers several common trading questions regarding their service.
Webull is a brokerage brand owned and operated by Webull Financial LLC, which is registered and regulated by the U.S. Securities Exchange Commission (SEC). The broker is also a member of the Financial Industry Regulatory Authority (FINRA), an independent organization that regulates registered broker-dealer members.
Webull Review Summary
Webull is a fully regulated online broker that offers real-time market data for stock trading without any minimum deposits, commission or hidden fees. The Webull platform is intuitive and suitable for traders of different experience levels. However, Webull only accepts clients from the United States and have limited funding options.
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