Webull Vs. Vanguard: Which Commission-free Trading Platform is Better?

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Webull

Webull is an app-based trading platform that provides real-time market data. Webull’s trading tools and platform empower every kind of investor to capitalize on their money. However, it is mainly best for mobile users, short-term investors, and new investors. Its commission-free trades makes it good for beginners while its trading and research tools assist investors to trade smarter.

Webull Platform

Vanguard

Founded in 1975, Vanguard is a low-cost investing platform. It is one of the largest US stockbrokers that is regulated by the top-tier regulators. Vanguard has a strong reputation for the under-average expense ratio of its exchange-traded funds and index funds. Its key features include over 3100 commission-free mutual funds, commission-free ETF trading, and an extended range of low-cost ETFs and mutual funds. Besides the standard brokerage service, Vanguard offers fixed and variable annuities, financial planning, trust, asset management, and educational account services as well.

Webull Vs. Vanguard:

Webull

Vanguard

Benefits

  • Commission-free Trades

  • Allows Short-selling

  • No account fees

  • No requirement for minimum balance

  • Have research resources

  • Huge collection of mutual funds

  • Excellent mobile trading platform

  • Offers low-cost funds

  • Commission-free options, ETFs, and stocks trades

  • Helpful customer support

Types of Platforms

Web Platform, Paper Trading, iOS, Desktop, Android

Basic web trading platform and mobile app

Trading Options

ETFs, Stocks, Short Selling, and Options

Stocks, bonds, ETFs, CDs, Options, and Mutual Funds

Security

Regulated by the Securities & Exchange Commission and Financial Industry Regulatory Authority. Webull also protects its investors by high investor protection amounts.

Regulated by financial authorities like the Securities & Exchange Commission and Financial Industry Regulatory Authority. Users are protected by a high level of investor protection amount.

Fees

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%.

Vanguard offers free trading of ETFs, along with some bonds and mutual funds. It has low non-trading fees. Withdrawal is free with ACH transfer. The USD margin rate is 8.5 %.

Supported Languages

English & Chinese

English

Supported Countries

USA, China, India, Turkey, Brazil, Malaysia, Japan, Korea & the Philippines

UK, Switzerland, Sweden, Spain, Portugal, Netherlands, Luxembourg, Iceland, Germany, France, Finland, Denmark, Austria

Deposit and Withdrawal Methods

Bank Transfer

Bank Transfer

Education

Webull offers both educational content and a demo account. In the demo account, you can use every feature of the live account.

Vanguard offers quality educational videos and articles along with interactive webinars. However, a demo account is missing.

Customer Support

Email, phone, and message center via trading platforms. There is no live chat.

Phone support and email support. There is no message center and live chat option.

Vanguard Platform

Conclusion

After comparing Webull and Vanguard, we can conclude that Webull is best for the long-term investors looking for excellent mutual funds and ETF offers while Vanguard is suitable for traders and investors looking for commission-free trading and having a focus on the US markets.