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Our verdict
A commission-free trading platform with pro-level tools across mobile, web and desktop
Webull is one of the most feature-rich low-cost trading platforms available in 2026. It supports stocks, ETFs, options, futures, mutual funds, event contracts and crypto, with $0 commissions on stocks, ETFs and equity options and no per-contract options fees.
What truly sets Webull apart from competitors like Robinhood or SoFi® is its professional-grade desktop trading platform, advanced charting and paper trading tools — features typically reserved for traditional brokers. Investors can also earn competitive interest on uninvested cash and unlock higher rates, IRA matches and discounted trading fees with Webull Premium.
That said, Webull doesn’t offer access to human financial advisors or 24/7 customer support, which may be a drawback for beginners who want hands-on guidance.
Best for: Active traders, options traders and self-directed investors who want advanced tools at low cost.
Deposit or transfer $100,000+ to earn a 4% Match Bonus, or $2,000+ to earn a 3% Match Bonus. Plus: Get a $100 transfer fee reimbursement on your first brokerage transfer of $2,000 or more.
T&Cs apply.
Pros
Zero-commission stock, ETF and equity option trades
No per-contract fees on equity options
Advanced trading tools and platforms
Fractional share trading
Robo-advisor
Webull Premium perks
Cons
No 24/7 customer support
$2.99 per month for Level 2 data access
No human financial advisors for personalized guidance
In this guide
Our verdict
Frequently asked questions
Your reviews
Ask a question
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Become a Finder member, open a new Webull Account and make a first deposit of $1,000 or more. Offer ends on June 12, 2026.
Separate T&Cs and limits apply.
Zero commission stock, ETF and equity option trades, with competitive margin rates and no equity options per-contract fees.
Account fees
★★★★★
No annual or inactivity fees.
Account types and minimums
★★★★★
Individual and joint brokerage accounts
Traditional, Roth and rollover IRAs
No minimum deposit requirements
Trading platforms and technology
★★★★★
Mobile, web and desktop trading platforms
Avanced charts, screeners, watchlists, price alerts, earnings estimates, company financials, free third-party research, analyst ratings, price targets, news and company statistics
Features and amenities
★★★★★
Robo-advisor
Fractional share trading
Instant buying power
Paper trading
IPO access
Extended hours trading
Educational articles and videos
Customer support
★★★★★
Contact Webull by live chat, email and phone during regular business hours.
Mobile app
★★★★★
Google Play app reviews: 4.6/5 stars based on over 208,360 reviews, as of January 2026 Apple App Store app reviews: 4.7/5 stars based on over 330,000 reviews, as of January 2026
Cash sweep rates
★★★★★
Offers a cash sweep program that pays up to 3.35% APY, with automatic sweeps.
Webull is a strong fit for self-directed investors who want advanced trading tools without paying commissions. It’s best suited to users who are comfortable managing their own investments and value analytical depth over hand-holding. Typical Webull users include:
Active traders and day traders who want advanced charting, multiple order types, extended-hours trading and a full desktop platform — tools that go beyond what most mobile-first brokers offer.
Options and futures traders looking for commission-free equity options, competitive futures pricing and detailed options chains without per-contract fees.
Cost-conscious investors who want $0 commission trades, no account minimums and low margin rates, with the option to unlock additional perks through Webull Premium.
Hands-on investors who like to learn and practice using features such as paper trading, customizable screeners and technical indicators to refine their strategies before committing real money.
Webull may be less appealing for investors who want ongoing access to a human financial advisor, deeply personalized financial planning or a set-it-and-forget-it robo experience with broader guidance beyond portfolio allocation.
Latest Webull updates
August 25, 2025: Webull announced the return of crypto trading to the Webull app. Users will not longer need the separate Webull Pay app to trade crypto.
March 10, 2025: Webull announced the launch of Webull Premium, a subscription offering enhanced benefits and financial tools, including higher cash sweep rates, an IRA match and an advanced data package.
What we like about Webull
Webull stands out for its low trading costs, advanced trading tools, user-friendly mobile app and premium perks.
Low trading costs
Webull is one of the lowest-cost brokers in the industry. It charges no commissions on stocks, ETFs or equity options, no inactivity fees and no minimum account balance.
Margin rates are also competitive. As of January 2026, Webull’s margin rates top out at 8.74% for standard accounts and drop as low as 3.90% for Webull Premium — several percentage points below many competitors.
Advanced trading tools
Unlike most mobile-first brokers, Webull delivers a full suite of advanced tools across mobile, web and desktop. Its platform is designed for traders who rely on technical analysis and real-time market data.
Key tools include:
Advanced charts with drawing tools and technical indicators
Options chains and futures tools
Screeners and watchlists
More than 10 order types
Paper trading simulator
Customizable layouts and filters
Level 2 quotes via Nasdaq TotalView (subscription required)
Market news, analyst ratings and earnings estimates
For traders who want professional-grade functionality without paying professional-grade fees, Webull is hard to beat.
User-friendly mobile app
Webull’s mobile app balances power and usability well. Investors can monitor positions, analyze charts, place trades and customize watchlists on the go.
The app allows users to:
Build custom screeners
Track performance by market cap, volume and price movement
Switch between US and global markets
Access advanced charting and research tools
App store ratings are consistently strong, reflecting broad satisfaction with Webull’s design and functionality.
Where Webull falls short
Despite its strengths, Webull isn’t perfect.
Customer support. Support is limited to regular business hours, with no 24/7 assistance.
Paid data. Level 2 market data costs $2.99 per month after a one-month free trial.
No human financial advisors for personalized guidance. Webull doesn’t offer access to dedicated financial advisors, which may be a drawback for beginners or passive investors who want one-on-one support or tailored investment advice.
Webull Premium: Webull’s premium subscription
Webull Premium costs $3.99 per month or $40 per year when billed annually and unlocks enhanced features and financial perks.
Webull Premium benefits include:
Higher APY on uninvested cash – up to 3.35% APY
3.5% IRA contribution match and 3% IRA transfer match
Discounted margin rates
Reduced index options and futures commissions
Free Level 2 and OPRA real-time market data
Webull Premium is best suited for investors who maintain larger cash balances, trade on margin or actively use Level 2 data. Casual investors may find the free version more than sufficient.
Webull’s fees
Type of fee
Fee details
Minimum deposit
$0
Webull Smart Advisor annual fee
0.20%
Webull Premium
$3.99 per month or $40 per year when paid annually
Stock trade fee
$0
Option trade fee
$0
Crypto trade fee
100-basis point spread to buy and sell
Inactivity fee
$0
Level 2 Advance data fee
$2.99 per month
Margin rate
8.74%
Wire transfer and withdrawal
$8 per deposit, $25 per withdrawal
Outgoing account transfer fee
$75
Is Webull legit?
Yes. Webull is a legitimate US-based fintech company founded in 2017. While it’s owned by Fumi Technology, a Chinese holding company, Webull’s US brokerage operations are fully regulated under US law.
Webull Financial LLC is registered with the SEC, FINRA and SIPC, and customer assets are protected up to $500,000 (including $250,000 for cash) if the firm becomes insolvent.
Webull also uses industry-standard security measures and regularly audits its systems.
Customer experience
BBB accredited
No
BBB rating
B-
BBB customer reviews
1.1 out of 5 stars, based on 31 customer reviews
Trustpilot score
1.4 out of 5 stars, based on 374 customer reviews
Apple App Store Score
4.7 out of 5 stars, based on 333,395 customer reviews
Google Play Score
4.6 out of 5 stars, based on 210,825 customer reviews
Customer reviews verified as of
30 April 2026
App store reviews are overwhelmingly positive, reflecting satisfaction with Webull’s interface and trading tools. Third-party review sites skew more negative, with complaints typically centered on customer service delays and withdrawal issues — a common theme across many low-cost online brokers.
What do people on Reddit say?
Reddit’s r/Webull community has mixed opinions. Users frequently praise the platform’s free trading, advanced charting and desktop software. Criticism tends to focus on technical glitches, customer service responsiveness and concerns about Webull’s Chinese ownership, though many users report smooth trading and withdrawals.
Webull delivers near-professional trading tools at a fraction of the cost of traditional brokers. With commission-free trading, a powerful desktop platform and optional premium perks, it’s one of the best platforms for confident, self-directed investors in 2026 — just don’t expect concierge-level support.
How we rate trading platforms
★★★★★5/5 — Excellent
★★★★★4/5 — Good
★★★★★3/5 — Average
★★★★★2/5 — Subpar
★★★★★1/5 — Poor
We analyze top online trading platforms and rate them one to five stars based on factors that are most important to you. These factors include fees, securities available for trade, customer support, customer feedback, platform resources and overall reliability.
Webull allows each customer to have two different individual accounts. For example, a customer can have a margin account and a cash-type account.
Webull makes money several ways, including through payment for order flow (PFOF), stock loans, interest on free credit balances and margin interest.
Webull allows you to close your account from both its mobile app and desktop. Expect your account closure to be processed within 1-3 business days. In the mobile app, go to the Menu page, click Settings then Account & Security. Scroll down to Delete account and follow instructions. From the desktop, log into your account, click on Manage my account, then delete account and follow instructions.
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our finder.com Terms of Use and Privacy and Cookies Policy.
Matt Miczulski is an investments editor and market analyst at Finder. With over 450 bylines, Matt dissects and reviews brokers and investing platforms to expose perks and pain points, explores investment products and concepts and covers market news, making investing more accessible and helping readers to make informed financial decisions.
Before joining Finder in 2021, Matt covered everything from finance news and banking to debt and travel for FinanceBuzz. His expertise and analysis on investing and other financial topics has been featured on Yahoo Finance, CBS, MSN, Best Company and Consolidated Credit, among others. Matt holds a BA in history from William Paterson University.
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