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Written by: Adam N. Updated: Dec 2022
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Overview of Webull Fees & Pricing

Webull, the US-based fintech startup offering zero-fee or discount brokerage services, has low fees. Low trading and non-trading fees make Webull an ideal broker for investors who trade daily or multiple times a week.

Webull fees overview
Fee type Fee level
US stock fee Low
US stock option fee Low
Withdrawal fee $0
Deposit fee $0
Inactivity fee Low

Trading Costs and Fees at Webull for 2023
The essence: Webull fees at a glance

  • Webull charges low trading and non-trading fees.
  • The broker offers commission-free trading for US stocks, ETFs and options.
  • The Webull margin rate is in line with those of most other US brokers.
  • Webull doesn't charge any commission for trading options.
  • The Webull inactivity fee is $0, deposit and withdrawal are free of charge.

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Trading Costs and Fees at Webull for 2023
Webull trading fees

Webull's trading fees are low which makes it suitable for you even if you trade often (i.e. multiple times a week).

Let's break down the trading fees into the different asset classes available at Webull.

We compared Webull’s fees with those of its closest competitors, moomoo and Robinhood.

Stock fees and ETF fees

Webull has low stock trading fees.

Stock fees of a $2,000 trade
Webull moomoo Robinhood
US stock $0.0 $0.0 $0.0

Options fees

Webull's options fees are low.

Stock index options fees of 10 contracts
Webull moomoo Robinhood
US stock index options $0.0 $6.5 $0.0

Webull margin rates are in line with those of most other US brokers.The margin rate is tiered, meaning that the rate depends on the amount of the loan. Webull’s margin rates move in a range of 3.99%-6.99%.

Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses.

Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.

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Trading Costs and Fees at Webull for 2023
Webull non-trading fees

Webull has low non-trading fees, meaning it is a cheap broker. They don't charge a lot for non-trading related activities and some services are free of charge.

Non-trading fees include various brokerage fees and charges that are not directly related to buying and selling assets. Typical non-trading fees include the withdrawal fee, the deposit fee, the inactivity fee and the account fee.

Webull non-trading fees are zero
Webull moomoo Robinhood
Withdrawal fee $0 $0 $0
Deposit fee $0 $0 $0
Inactivity fee No No No
Account fee No No No

Trading Costs and Fees at Webull for 2023
Webull deposit fee

Webull does not charge a deposit fee.

In other words, you will not have to pay anything extra for sending funds to your trading account regardless which deposit method offered by Webull you use.

Webull deposit options and fees
Webull moomoo Robinhood
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets No No No
Deposit fee $0 $0 $0

Trading Costs and Fees at Webull for 2023
Webull withdrawal fee

Webull does not charge a withdrawal fee for ACH (electronic) transfers. An $8 fee is charged for domestic wire transfers, while international wire deposits cost $12.5. Clients outside the US can use only wire transfer. The broker offers several withdrawal options.

Webull withdrawal fees and options compared
Webull moomoo Robinhood
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets No No No
Withdrawal fee with bank transfer $0 $0 $0

Trading Costs and Fees at Webull for 2023
Webull inactivity fee

The Webull inactivity fee is $0. Webull does not apply an inactivity fee, meaning your account will not be charged even if you do not trade for a longer time period (months or years).

Trading Costs and Fees at Webull for 2023
Webull fees FAQ

What fees does Webull charge?

Webull offers commission-free trading for US stocks, ETFs and options. The broker doesn't charge any commission for trading options. Deposit is free of charge and ACH withdrawals are free. Webull doesn’t apply an inactivity fee.

Does Webull have hidden fees?

Webull has a transparent fee structure. The broker doesn’t work with hidden fees, all the charges and levies are indicated on the broker’s website.

Is there a monthly fee on Webull?

The short answer is: no. There is no account fee or inactivity fee at Webull, and these are the brokerage fees that are typically charged on a monthly basis. Deposit and withdrawal by ACH are also free of charge. Wire transfers carry a charge. If you trade on margin, a margin rate will be applied.

Is Webull better than Robinhood?

Robinhood's service is on par with Webull's and a comparison of their fees shows that Robinhood's fees are similar to Webull's. Account opening takes about the same effort at both brokers, with deposit and withdrawal processes as well as customer service quality being similar, too. Webull provides somewhat better research and education.

Author of this article

Adam Nasli

Author of this article

Adam is a motivated finance expert. He is one of the first hires at BrokerChooser and has since tested almost all 100+ brokers covered by BrokerChooser. Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms.

Adam Nasli

Analyst Head

Adam is a motivated finance expert. He is one of the first hires at BrokerChooser and has since tested almost all 100+ brokers covered by BrokerChooser. Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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