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Webull vs. Robinhood
Both are similar, but Robinhood stands out for beginners while Webull offers powerful research tools for active investors.
Webull and Robinhood offer commission-free trades on stocks, ETFs and options. They also provide free stocks for new applicants.
But in terms of features and tools, Webull emerges the winner. Still, new investors will find Robinhood’s simplicity and educational content to be very beneficial. You can also move uninvested cash into an interest-bearing checking account with a linked Robinhood debit card.
Which one is better?
- Choose Webull if you’d like to perform your own research.
- Choose Robinhood if you’re brand new to trading or you want to buy IPO stocks at IPO prices.
Based on the five-star schema system we use to rate trading platforms, Webull edges out its competitor with a composite rating of 4.4 to Robinhood’s 3.5.
Robinhood has plenty to offer — including a chance to buy IPO stocks at IPO prices. What’s more, Robinhood is reserving 20% to 35% of its own IPO shares to offer exclusively to its customers when the company goes public. Despite this cool perk, Robinhood misses the mark in three important categories: reliability, customer support and research.
Robinhood can’t compete with Webull’s extensive research and analytics tools. And unlike Webull’s in-app, email and phone support, Robinhood’s customer service is limited to email inquiries. Robinhood also suffered several major service outages triggered by the market volatility in early 2020 — but no such outages were reported by Webull investors.
However, both Robinhood and Webull halted meme stock buying in January 2021, which caused many investors and traders to lose money.
|Research and tools|
To learn how our star ratings are calculated, read the methodology at the bottom of the page.
How do Webull and Robinhood compare?
Webull is a trading platform that offers real-time market data. There are no initial deposit requirements or commissions. It is especially convenient for active traders who want research and analytics tools.
Robinhood’s stock and options trading platform is beginner-friendly and commission-free. It is best suited to first-time, small-quantity and cryptocurrency investors.
|Stock trade fee||$0||$0|
|Option trade fee||$0||$0|
|Minimum deposit to open||$0||$0|
|Tools and research|
|Reputation and customer reviews|
|Apple App Store reviews|
|Google Play Store reviews|
Webull and Robinhood share some common ground: They both offer commission-free trades and have no minimum deposit requirements. But in the end, Webull charges through its competitor with robust research tools, a reliable platform and more comprehensive customer support.
If you’re ready to sign up, use the buttons below to head to the Webull or Robinhood site. If neither one of these platforms seem like the right fit, compare other options.
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.
For a complete breakdown of how we score each category, read the full methodology of how we rate trading platforms.
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