Webull Pricing & Features Overview- Subscribed.FYI

Webull

Webull offers commission-free trading for stocks, ETFs, options, and cryptocurrencies, appealing to beginners and seasoned investors. With a user-friendly platform, advanced tools, and features like fractional shares, it suits various investment needs.

Overview

What is Webull?

Webull is a financial services company that aims to democratize investing by offering a user-friendly platform with commission-free trading for a wide range of investment vehicles, including stocks, exchange-traded funds (ETFs), options, and even cryptocurrencies. This makes it appealing for new investors seeking an easy-to-use platform and seasoned investors looking for cost-effective trading options.

Why Use Webull?

Webull stands out from other brokers by providing several key features:

  • Commission-Free Trading: Unlike traditional brokers that charge per-trade fees, Webull allows users to buy and sell stocks, ETFs, and listed options without commissions.
  • Advanced Platform & Tools: Webull provides robust desktop and mobile apps with technical analysis tools, charting features, and market data for informed investing.
  • Fractional Shares: Webull enables investing in fractional shares, facilitating market participation for beginners or those with limited capital.
  • Margin Trading: For experienced investors, Webull provides margin accounts to leverage their buying power.
  • Paper Trading: Webull offers simulated trading to practice investing before using real funds, providing a risk-free environment for learning.

Who is Webull For?

Webull caters to a wide range of investors, including:

  • Beginners: With its user-friendly interface, educational resources, and fractional shares, Webull is a good option for new investors looking to get started.
  • Active Traders: The advanced platform, charting tools, and commission-free trading make Webull attractive for active traders who frequently buy and sell securities.
  • Long-Term Investors: Webull also caters to long-term investors seeking a user-friendly platform for buying and holding stocks and ETFs for the long haul.

Webull offers commission-free trading, a powerful platform, and educational resources. This makes it a strong contender for investors of all experience levels.

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Pricing and Features

Product Tier
Pricing
Features

High-Yield Cash Management

Monthly Fees

$0

Minimum Balance

None

  • High-Yield: Earn 5.00% APY on idle cash.
  • Exceptional Rates: Earn 11x the National Average*.
  • No Fees: No account opening or monthly fees, no minimum balance.
  • Secure: FDIC insured for peace of mind.
  • Digital Convenience: Manage your account 24/7 via mobile app.

Smart Advisor

Monthly Fees (Based on Annualized Rate)

0.2%

Free Trial (Weeks)

26

  • Intuitive Platform: Easy automated investing with user-friendly interface.
  • Personalized Risk: Tailored risk distribution based on preferences.
  • Trustworthy Management: Expert portfolio oversight by experienced investment team.
  • Low Initial Deposit: Start investing with a small amount.
  • Automatic Portfolio Monitoring: Hands-off management, auto-rebalancing.
  • All-in-One App: Access auto-investing and trading in single platform.
  • Risk Assessment: Determine risk tolerance through simple questionnaire.
  • Flexible Funding Options: Multiple ways to fund investment account.
  • Convenient Performance Tracking: Monitor portfolio performance on-the-go.

Stock Transfer

Transfer to Webull Fee

$0.00

Transfer from Webull Fee

$75

  • Transferable Assets: Move stocks, options, ADRs, and ETFs to your account.
  • Supported Transfer: Only allows ADR, stock option, & EFT’s transfers.

Low-Priced Securities

Fee's Per Share

$0.0002 (max of 5% of principal share)

  • OTC Trading: Buy and sell Over-the-Counter securities.
  • Transaction Threshold: Applies to trades over 100,000 shares under $1.00/share.

F-stocks (foreign settlement)

Buy Fee Per Trade

$5.00

Sell Fee Per Trade

$0.05

  • OTC Trading: Access Over-the-Counter securities markets.
  • F-Stocks: Facilitate foreign settlement transactions.

Options Trading SPX 1

Exchange Proprietary Fee

$0.57

Webull Contract Fee

$0.66

  • S&P 500 with <$1 Tier: Tier for stocks priced under $1 in the S&P 500
  • Comprehensive Tools: Access advanced trading and analytical features.
  • Variety of Strategies: Trade single options, spreads, straddles, and more.
  • Cost Efficiency: Zero commissions, low fees for index options.
  • Unusual Activity Alerts: Informed about market trends and opportunities.
  • Streamlined Trading: Simplify options trading with user-friendly tools.
  • Flexible Position Management: Roll positions, leg in/out with ease.
  • Real-Time Options Greeks: View implied volatility, probabilities, and more.

Options Trading SPX 2

Exchange Proprietary Fee

$0.66

Webull Contract Fee

$0.55

  • >=$1 Tier: Tier for stocks priced at or above $1 in the S&P 500.
  • Comprehensive Tools: Access advanced trading and analytical features.
  • Variety of Strategies: Trade single options, spreads, straddles, and more.
  • Cost Efficiency: Zero commissions, low fees for index options.
  • Unusual Activity Alerts: Informed about market trends and opportunities.
  • Streamlined Trading: Simplify options trading with user-friendly tools.
  • Flexible Position Management: Roll positions, leg in/out with ease.
  • Real-Time Options Greeks: View implied volatility, probabilities, and more.

Options Trading VIX and VIXW (Simple Order) 1

Exchange Proprietary Fee

$0.10

Webull Contract Fee

$0.55

  • <=$0.10 Tier: Tier for stocks priced at or below $0.10 in the CBOE Market Volatility Index.
  • Comprehensive Tools: Access advanced trading and analytical features.
  • Variety of Strategies: Trade single options, spreads, straddles, and more.
  • Cost Efficiency: Zero commissions, low fees for index options.
  • Unusual Activity Alerts: Informed about market trends and opportunities.
  • Streamlined Trading: Simplify options trading with user-friendly tools.
  • Flexible Position Management: Roll positions, leg in/out with ease.
  • Real-Time Options Greeks: View implied volatility, probabilities, and more.

Options Trading VIX and VIXW (Simple Order) 2

Exchange Proprietary Fee

$0.45

Webull Contract Fee

$0.55

  • $2+ Tier: Pricing tier for stocks priced at or above $2 in the CBOE Market Volatility Index.
  • Comprehensive Tools: Access advanced trading and analytical features.
  • Variety of Strategies: Trade single options, spreads, straddles, and more.
  • Cost Efficiency: Zero commissions, low fees for index options.
  • Unusual Activity Alerts: Informed about market trends and opportunities.
  • Streamlined Trading: Simplify options trading with user-friendly tools.
  • Flexible Position Management: Roll positions, leg in/out with ease.
  • Real-Time Options Greeks: View implied volatility, probabilities, and more.

Options Trading SPXW 1

Exchange Proprietary Fee

$0.49

Webull Contract Fee

$0.55

  • <$1 Tier: Tier for stocks priced under $1 in the S&P 500.
  • Comprehensive Tools: Access advanced trading and analytical features.
  • Variety of Strategies: Trade single options, spreads, straddles, and more.
  • Cost Efficiency: Zero commissions, low fees for index options.
  • Unusual Activity Alerts: Informed about market trends and opportunities.
  • Streamlined Trading: Simplify options trading with user-friendly tools.
  • Flexible Position Management: Roll positions, leg in/out with ease.
  • Real-Time Options Greeks: View implied volatility, probabilities, and more.

Options Trading SPXW 2

Exchange Proprietary Fee

$0.58

Webull Contract Fee

$0.55

  • >=$1 Tier: Tier for stocks priced at or above $1 in the S&P 500.
  • Comprehensive Tools: Access advanced trading and analytical features.
  • Variety of Strategies: Trade single options, spreads, straddles, and more.
  • Cost Efficiency: Zero commissions, low fees for index options.
  • Unusual Activity Alerts: Informed about market trends and opportunities.
  • Streamlined Trading: Simplify options trading with user-friendly tools.
  • Flexible Position Management: Roll positions, leg in/out with ease.
  • Real-Time Options Greeks: View implied volatility, probabilities, and more.

Margin Trading $0-25,000.00

Annual Margin Rate

9.74%

  • Qualification Requirement: Minimum $2,000 balance for eligibility.
  • Interest Calculation: Daily interest, paid monthly.
  • Margin Trading Power: Up to 4x day-trade buying power, 2x overnight.

Margin Trading>$3,000,000.00

Annual Margin Rate

5.74%

  • Interest Calculation: Daily interest, paid monthly.
  • Margin Trading Power: Up to 4x day-trade buying power, 2x overnight.

Experience

Cancellation

Refining Your Investment Journey: Concluding Your Webull Account

As your investment goals and strategies evolve, or as you explore alternative brokerage platforms, Webull offers a clear and efficient process to close your account. To ensure a smooth transition and avoid any outstanding debits, please visit this page.

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Product FAQ

What types of investment options does Webull offer, and is it suitable for beginners?

Webull allows you to trade a variety of investment vehicles:

  • Stocks and ETFs: Invest in individual companies or exchange-traded funds (ETFs) commission-free, potentially diversifying your portfolio.
  • Options Trading: Webull offers options trading for experienced investors, allowing for more complex strategies but also carrying greater risk. (Options trading is not suitable for beginners.)
  • Margin Trading (with qualifications): Qualified users can access margin accounts to borrow funds and potentially amplify gains (and losses). Margin trading is a risky strategy and requires careful consideration.

While Webull offers educational resources, it’s primarily geared towards self-directed investors who are comfortable conducting their own research and making independent trading decisions. Beginners might benefit from platforms with more hand-holding and educational tools before diving into options or margin trading.

Is Webull truly free to use, or are there hidden fees to be aware of?

Webull’s core functionality revolves around commission-free stock and ETF trades. However, there are some potential fees to consider:

  • Margin Interest: If you use margin trading, you’ll be charged interest on the borrowed funds. Understand the interest rates and how they can impact your potential returns.
  • Foreign Exchange Fees: Trading stocks or ETFs denominated in foreign currencies might incur currency conversion fees. Be mindful of these fees if investing internationally.

It’s important to understand the fee structure beyond commission-free trades to ensure Webull aligns with your budget and trading habits.

How does Webull compare to other online brokerages, and what are the key differences?

Webull positions itself as a commission-free alternative to traditional brokerages. Here’s a simplified comparison:

  • Traditional Brokerages: May charge commissions per trade but often offer more in-depth research reports, personalized investment advice, and educational resources.
  • Webull: Focuses on commission-free trades and a user-friendly platform with advanced charting tools. However, educational resources and personalized advice might be more limited.

Ultimately, the best platform depends on your needs. If you prioritize commission-free trades and a user-friendly interface, Webull might be a good fit. However, if you seek extensive research tools, personalized guidance, or are a complete beginner, a traditional brokerage might be a better option.

Is Webull a safe and secure platform for my investments?

Webull prioritizes security measures to protect user information and financial assets:

  • Account Protection: Securities are held in custody with a third-party custodian, offering a layer of protection in case of brokerage failure.
  • Encryption and Login Security: Webull utilizes encryption and login security measures to safeguard your account information.
  • Regulation: Webull is registered with regulatory bodies like the SEC and FINRA, adhering to industry regulations.

However, it’s important to remember that no investment platform is entirely risk-free. It’s crucial to conduct your own research and understand the inherent risks involved in any investment activity.

What resources does Webull offer to help me learn about investing and make informed decisions?

Webull recognizes the importance of investor education and offers some resources:

  • Educational Articles and Videos: Webull provides basic educational content on investing concepts and strategies.
  • Paper Trading: The platform offers a paper trading feature allowing you to practice trading with simulated funds before risking real money.
  • Market Data and Analysis Tools: Webull provides access to real-time market data, charting tools, and technical indicators to help you research potential investments.

While these resources can be a starting point, it’s recommended to conduct your own research, consult with a financial advisor if needed, and fully understand the risks involved before making any investment decisions.

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