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WeTheTradersWeTheTraders

Affiliate disclosure: We may earn a commission if you open an account or sign up through links on this page. This does not cost you extra. Our rankings are based on our published methodology, not on commission amount.

Webull Review

Commission-free US broker with stronger charting and analysis than most beginner apps, plus paper trading.

Overall score
3.8
out of 5
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Best for

  • Active beginners
  • Chart-focused traders
  • Paper trading practice

Not best for

  • You want hand-holding education
  • You need broad asset classes
  • You want phone support

Our verdict & scoring

Webull sits between simple apps and full platforms: commission-free stocks, ETFs and options with more advanced charts, screeners and a solid paper-trading mode. Good step-up for active beginners who've outgrown a bare-bones app.

Scores are based on our review methodology. Affiliate relationships do not buy higher ratings.

Pros

  • Advanced charting for a free app
  • Full-featured paper trading
  • Extended-hours trading

Cons

  • Thinner education
  • Limited non-US asset access
  • Support is mostly digital

Fees & hidden costs explained

$0 stock/ETF/options commissions in the US; regulatory and data fees may apply.

Safety, regulation & availability

US: Webull Financial LLC is an SEC-registered broker-dealer and FINRA/SIPC member (CRD# 289063); parent Webull Corporation is Nasdaq-listed (BULL) since April 2025. Also operates a UK entity (FCA-authorised) — product set differs by region; verify current availability.

Account protection: US: SIPC up to $500,000. UK: FCA rules and FSCS eligibility depend on the entity holding the account — verify.

Available to retail traders in:

United StatesUnited KingdomEuropean Union

Verify this platform yourself:

Frequently asked questions

Does Webull have paper trading?

Yes — Webull includes a well-regarded paper-trading simulator for practising without real money.

Official sources

Risk warning: Trading stocks, options, futures, forex, crypto, CFDs and funded accounts involves risk. You can lose money. This website is educational only and does not provide financial, investment, tax or legal advice.

Leverage, volatility, fees, spreads, liquidity and platform rules can increase losses.

Affiliate disclosure: We may earn a commission when you click some links on our site. This does not cost you extra. Our comparisons are educational and transparent, and our rankings are not affected by commissions.