Webull is a zero-fee fintech start-up. Founded in 2017, Webull is regulated by FINRA and SEC. With Webull, you can trade options, ETFs, and US stocks without an inactivity fee. Opening an account with Webull is fully digital, fast, and seamless. The Webull platform is user-friendly, well-structured, and has many different order types.
Established in 2013, Robinhood is a zero-fee discount brokerage. It is regulated by financial authorities like FINRA and SEC. Robinhood is well-known for its Cash Management Services that help you earn some interest in an uninvested amount. The web and mobile trading platforms of Robinhood are well designed and user-friendly. Opening an account with the broker is fully digital, quick, and flawless.
Webull Vs. Robinhood:
Types of Platform
Web Platform, Paper Trading, iOS, Desktop, Android
Web Platform, iOS, Android
ETFs, Stocks, Short Selling, and Options
Stocks, Cryptos, Options, and ETFs
Regulated by the Securities & Exchange Commission and Financial Industry Regulatory Authority. Webull also protects its investors by high investor protection amounts.
Regulated by the Securities & Exchange Commission and Financial Industry Regulatory Authority. Robinhood offers strong investor protection as well.
Webull provides commission-free trading for US-based options, stocks, and ETFs. If you make use of ACH, there are no withdrawal fees and inactivity fees. And the USD margin rate for Webull is 7%.
ETFs and US stocks trading are free. Robinhood does not charge a withdrawal or inactivity fee. And the USD margin rate for Robinhood is 8%.
English & Chinese
USA, China, India, Turkey, Brazil, Malaysia, Japan, Korea & the Philippines
It is supported in almost all countries.
Deposit & Withdrawal Methods
Webull offers both educational content and a demo account. In the demo account, you can use every feature of the live account.
Robinhood offers educational texts only that are simple to understand. The texts are useful for beginners and structured logically.
Email, phone, and message center via trading platforms. There is no live chat.
Email-only. There is no live chat, 24/7 support, or phone support.
Both Webull and Robinhood offer commission-free trades without minimum account balance. Webull is geared towards the intermediate and advanced investors with its advanced features and a robust toolkit. If you are looking for fundamental or technical data, consider Webull. While Robinhood is best for beginners with its limited options and clear interface. It is best for those looking to trade cryptos, options, US stocks, or ETFs.
It can be concluded that Webull has an upper hand as it offers a trading simulator and various research tools for long-term and active traders.
However, since both Webull and Robinhood are commission-free trading platforms, you can try both of them and find out which is the best for you!