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  1. Mar 11, 2024 · Webull is a well-reviewed, mobile-first trading app that has continually improved its offering year after year. It is one of the few brokers NerdWallet reviews that, as of 2024, earned the full ...

    • Webull
  2. Jul 15, 2024 · Webull is better than Robinhood in our opinion. Our research uncovered unfair trading practices at Robinhood that harmed retail investors. In contrast, Webull has a good reputation and offers competitive trading conditions. If you are unsure which to use, opening a demo account is a good way to test both.

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    • Average Margin Rates
    • Low Options Commission
    • No Inactivity Fee, No Withdrawal Fee
    • Other Commissions and Fees

    Webull USD margin rate fees are slightly lower than the industry average. USD margin rate fees are calculated as follows: Margin rate ranges between 9.74% and 5.74% depending on your debit balance

    Webull US stock index options fees are about half of the industry average. US stock index options fees are calculated as follows: $0 per trade plus $0.55 contract fee and regulatory and exchange fees Webull doesn't charge any commissionfor trading options. The broker passes on the proprietary index option fees that the exchange may charge.

    It charges neither an account or an inactivity fee. The fees for wire transfers are as follows: For transferring out securities from your account, Webull charges a $75 fee. There is no deposit or withdrawal fee if you use ACH (electronic) transfer. However, wire transfers have a rather high fee. We tested ACH, so we paid no withdrawal fee.

    Low futures fees:US index futures fees are as follows - $0.25 per trade plus regulatory and exchange fees. Check out this articlefor a detailed analysis of all the fees, commissions and other charges levied by Webull.

  3. Mar 2, 2024 · Pros and Cons of Webull. Generally speaking, Webull has provided a positive trading experience over the past 5 years. In 2019 the software was a bit more buggy, but they have done a quality job of smoothing the rough edges. That being said, certain aspects of Webull would not suffice for specific traders.

    • John Mcdowell
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  4. Jan 4, 2024 · Our Verdict. Webull is a mobile-first brokerage platform that offers a unique community-driven experience. Its very well-designed mobile app prioritizes ease of use, helping beginners jump right ...

  5. Jul 20, 2024 · Webull is the better platform to open an IRA since it currently offers a limited-time 3.5% IRA match for all new contributions and transfers (ends August 15, 2024). Robinhood offers an IRA match ...

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  7. Apr 9, 2024 · Mobile app. ★★★★★. The mobile app has decent reviews on on Google Play and the Apple App Store. However, some features of the US Webull app are not yet available in Canada. Research and tools. ★★★★★. Webull Canada offers solid research and charting tools, but access to third-party analysis is limited. Reliability.

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