Webull is an application that allows users to invest, trade, and save all in one place. By joining Webull, users can be rewarded with free stocks and a one-month free subscription to Nasdaq TotalView. This platform offers a variety of investment options, including stocks, ETFs, options, futures, and bonds, all accessible through a single platform. Users can also take advantage of features such as Webull Smart Advisor and recurring investments to make investing easier and more personalized. Additionally, users can earn a high APY on their idle cash.
One of the major benefits of using Webull is the low cost of investing. Users can pay no commission on stocks, ETFs, and options trades, and no contract fees on equity options. The platform also offers low fees for trading micro, mini, and regular futures contracts. This allows users to reach their full trading potential without breaking the bank.
Webull's platform has won awards for its user-friendly interface and easy-to-use tools. Users can access the platform through mobile, web, and desktop devices, making it convenient for all types of investors. The platform also offers in-depth analysis and advanced charting tools, with over 60 technical indicators and 17 charting tools available. Users can also practice and explore trading methods without risking real money through the Paper Trading feature. Additionally, Webull offers overnight trading opportunities from Sunday to Friday.
It's important to note that Webull is not a bank and rates are subject to change. The platform is offered by Webull Financial LLC, a broker dealer registered with the Securities and Exchange Commission (SEC) and a member of the Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC). Webull also offers advisory accounts and services through Webull Advisors LLC, an Investment Advisor registered with and regulated by the SEC. However, trading on the platform is executed by Webull Financial LLC, providing users with protection for their assets up to $500,000.
While Webull offers a variety of investment options, it's important to understand the risks involved. Options trading, in particular, can be risky and is not suitable for all investors. Users must complete an options trading application and get approval on eligible accounts before trading. It's also important to read the Characteristics and Risks of Standardized Options before trading. Webull Financial LLC is also a registered Futures Commission Merchant and NFA Member, offering futures trading with substantial risk. Users are advised to read the FCM Risk Disclosure statement before signing up for Futures Trading.