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.
| 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.
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.
| Webull | moomoo | Robinhood | |
|---|---|---|---|
| US stock | $0.0 | $0.0 | $0.0 |
Options fees
Webull's options fees are low.
| 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.
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.
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 | 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 | 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 | 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.
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