Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

Alternatives to Webull

Check out these options of comparable discount stock brokers.

What is Webull?

Webull is a commission-free trading platform launched in 2018. It offers low fees and a range of investment products including stocks, options, ETFs and cryptocurrency.Webull boasts a mobile-first trading approach similar to other emerging share trading platforms, but it differentiates itself through its comprehensive suite of trading and analysis tools. In other words, it combines the intuitive trading experience of say, a Robinhood, with the advanced trading capabilities of a Thinkorswim.

Here are some of Webull‘s key details

Stock trade fee$0
Crypto trade fee$0; 100 basis point markup built into each crypto trade
Option trade fee$0
Available asset typesStocks, ETFs, Options, Cryptocurrency
Account typesBrokerage, Retirement
Fractional shares✓ $5 minimum
International stocks✓ ADRs
Inactivity fee$0
Account maintenance fee$0

Alternatives to Webull

Despite all it has going for it, Webull won’t be right for everyone. Here are some of the best alternatives to Webull. To compile this list, we looked at share trading platforms that offer many of the same products and features as Webull at a similarly affordable price and highlighted the type of investor who may find this particular platform useful. Platforms are ranked in no particular order.

  1. SoFi Invest®
  2. eToro
  3. Robinhood
  4. Tastytrade

1. SoFi Invest®

Best for beginner investors who want guidance. SoFi® offers free automated investing and access to human, licensed financial advisors at no additional cost.

While Webull boasts comprehensive research tools, beginner or hands-off investors who want the flexibility to trade on their own or under the guidance of an advisor should be content with SoFi. SoFi is one of the few platforms to offer free roboadvisory services, in addition to commission-free self-directed stock, ETF and crypto trading. SoFi also makes available a team of licensed, human financial advisors ready to help investors carve out their broader financial goals and picture — another feature unheard of among brokers.
But investors are limited to trading only stocks, ETFs and crypto, with crypto trading fees slightly higher than the competition.
Stock trade fee$0
Crypto trade feeUp to 1.25% on crypto trades
Option trade feeN/A
Available asset typesStocks, ETFs, Cryptocurrency
Account typesBrokerage, Retirement
Fractional shares✓; $5 for stocks, $10 for crypto
International stocks✓, ADRs
Inactivity fee$25
Account maintenance fee$0

Pros

  • Free automated investing
  • Complimentary access to licensed, human financial advisors
  • $0 stock and ETF trading commissions

Cons

  • Limited investment options
  • Limited research tools
  • High crypto trade fee

2. eToro

Best for social and community-driven investing. eToro offers a community-centered investing platform that lets you connect with other investors from around the world and a unique feature that lets you copy the trades of top investors.

eToro stands out for its focus on social trading, particularly with its CopyTrader feature. This unique aspect allows you to automatically copy the moves of other investors — or get paid, if you’re the one being copied. So while you can trade freely in stocks, ETFs and crypto with eToro, you can also automate your portfolio by copying the trades of the platform’s top-rated investors.
Advanced traders may just find that the platform’s charting capabilities are lacking. And those who trade infrequently could get hit with a fee.
Stock trade fee$0
Crypto trade fee1%
Option trade feeN/A
Available asset typesStocks, ETFs, Cryptocurrency
Account typesBrokerage
Fractional shares✓, $10 minimum
International stocks✓, ADRs
Inactivity fee$10/month if your account is inactive for over one year
Account maintenance fee$0

Pros

  • Copy trading and social investing aspects
  • $0 stock and ETF commissions
  • Fractional investing

Cons

  • Limited asset types
  • Inactivity fee
  • No retirement accounts
Go to site

3. Robinhood

Best for self-directed beginner investors. Robinhood offers a beginner-friendly, intuitive trading platform with low fees and basic research tools.

As the pioneer of commission-free trading, Robinhood is a strong alternative for beginners interested in low-cost investing. It charges no commission on stocks, ETFs, options or crypto and has one of the lowest minimums required for fractional investing at $1.Robinhood is simply one of the easiest platforms to get started investing. Period. But you’re limited to a non-retirement account with rudimentary research and charting tools.
Stock trade fee$0
Crypto trade fee$0
Option trade fee$0
Available asset typesStocks, ETFs, Cryptocurrency, Options
Account typesBrokerage
Fractional shares✓; $1
International stocks✓, ADRs
Inactivity fee$0
Account maintenance fee$0

Pros

  • Intuitive app
  • $0 commissions
  • Very easy to get set up and invested
  • $1 fractional share and crypto minimums

Cons

  • No IRA
  • Limited charting capabilities
  • Lackluster customer reviews
Go to site

4. Tastytrade

Best for advanced options and futures traders. Tastytrade has commission-free stock and ETF trading, but its platform strongly focuses on active trading of derivative products.

Investors looking for more sophisticated options-trading tools than what Webull has to offer needn’t look further than Tastytrade. The platform is built for options trading, both in functionality and in pricing.
Yes, Tastytrade offers commission-free stock and ETF trading, as well as fractional shares. But advanced traders interested in derivatives will feel most at home with Tastytrade. It’s just not very beginner-friendly, customers have said.
Stock trade fee$0
Crypto trade fee1% of total purchase, 1% of total sale
Option trade feeStocks & ETFs: $0/contract to open, $0 to close, $10 max/leg
Futures: $2.50/contract to open, $0 to close
Available asset typesStocks, ETFs, Options, Futures, Cryptocurrency
Account typesBrokerage, Retirement
Fractional shares✓; $5
International stocks✓, ADRs
Inactivity fee$0
Account maintenance fee$0

Pros

  • Extensive options tools
  • Options pricing
  • Account types

Cons

  • Not beginner-friendly
  • High crypto trade fee
  • Customer reviews lean negative
Go to site

Compare more stock trading platforms

1 - 5 of 5
Name Product Ratings Available asset types Minimum deposit Stock trade fee Cash sweep APY Signup bonus
Tastytrade
Finder Rating: 4.6 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $100-$5,000
when you open and fund an account with $5,000 to $1,000,000+
Highly commended for Best Derivatives Trading Platform award.
Robinhood
Finder Rating: 4.2 / 5: ★★★★★
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
1.5%, or 5.25% with Robinhood Gold
Get a free stock
when you successfully sign up and link your bank account.
Make unlimited commission-free trades, plus earn a 5.25% APY on your uninvested cash through January 31, 2024, with Robinhood Gold. Subscription fees apply.
Cash App
Finder Rating: 3 / 5: ★★★★★
Cash App
★★★★★
Stocks, ETFs, Cryptocurrency
$0
$0
4.5%
N/A
Buy and sell over 1,800 stocks and ETFs commission-free and for as little as $1.
Public.com
Finder Rating: 4.3 / 5: ★★★★★
Public.com
★★★★★
Stocks, ETFs, Cryptocurrency, Art, Treasury Bills, Collectibles
$0
$0
5.1%
N/A
2.5% fee applies to all alternative asset transactions.
Interactive Brokers
Finder Rating: 4.3 / 5: ★★★★★
Interactive Brokers
★★★★★
Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency, Futures, Forex, Treasury Bills
$0
$0
3.83% Lite
4.83% Pro
N/A
Winner of Finder’s Best Overall Stock Broker award.
loading

More on investing

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

More guides on Finder

Ask an Expert

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site