Webull is a commission-free trading app aimed at active, self-directed retail investors, founded in 2017 and headquartered in New York. It offers $0 commission on US stocks, ETFs, and options, paired with advanced charting, extended-hours trading, paper trading, and a clean, data-rich interface that has made it a popular alternative to simpler zero-commission apps. Webull's parent went public on NASDAQ in 2024, and the platform has expanded into options, crypto, and futures to broaden its appeal to engaged traders.
About Webull
Webull built its following by giving newer and active traders professional-feeling tools — advanced charts, technical indicators, screeners, and extended-hours access — without commissions. Available primarily in the US and several international markets through locally regulated entities, it supports stocks, ETFs, options, cryptocurrency, and futures depending on the region. Regulated by the SEC and FINRA with SIPC protection in the US, Webull positions itself between beginner apps and full pro platforms, emphasising charting depth and a polished mobile and desktop experience.
Key Facts
| Item | Details |
|---|---|
| Founded | 2017 |
| HQ | New York, USA |
| Listed | NASDAQ (parent, public since 2024) |
| Regulation | SEC / FINRA / SIPC (US) + regional entities |
| Products | Stocks, ETFs, options, crypto, futures (by region) |
| Platforms | Webull mobile & desktop |
| Stock/ETF/options commission | $0 |
| Extras | Extended hours, paper trading, advanced charts |
Key Features
Advanced Charts & Screeners
Webull's charting is a core strength, offering dozens of technical indicators, drawing tools, and customisable layouts on both mobile and desktop — appealing to active traders who want depth without paying for a professional terminal.
Extended Hours & Paper Trading
The platform supports pre-market and after-hours trading plus a full-featured paper-trading simulator, letting users react to news outside regular sessions and practise strategies risk-free before committing capital.
Multi-Asset Expansion
Beyond stocks and ETFs, Webull has added options, cryptocurrency, and futures (availability varies by region), letting active traders pursue multiple strategies within one commission-free app.
Fee Structure
| Service | Fee |
|---|---|
| US stocks & ETFs | $0 commission |
| Options | $0 commission (regulatory fees apply) |
| Crypto | Spread-based |
| Account/inactivity fee | None |
| Other-market fees | Vary by regional entity |
Pros & Cons
Pros
- $0 stock, ETF and options commissions
- Advanced charting and screeners
- Extended-hours trading and paper trading
- Multi-asset: options, crypto and futures
- Polished mobile and desktop apps
Cons
- Limited research vs full-service brokers
- Product range varies by region
- China-linked ownership draws scrutiny from some
- Customer support can be inconsistent
Summary
Webull is a strong commission-free platform for active, chart-focused retail traders who want professional-feeling tools without the cost. Its advanced charting, extended hours, paper trading, and multi-asset expansion make it a capable step up from basic investing apps. Investors who need deep research or a full advisory ecosystem may prefer an incumbent, but for hands-on traders seeking $0 commissions and powerful charts, Webull is a leading choice. Crypto, options, and futures all carry elevated risk.