Compare Interactive Brokers vs Webull


Online brokers compared for fees, trading platforms, safety and more. See how Interactive Brokers stacks up against Webull!

Interactive Brokers vs Webull
overall rating
4.9
4.4
overall pros
  • Wide range of products
  • Many great research tools
  • Regulated by several authorities
  • Free stocks, ETFs, and options
  • Fast and easy account opening
  • Great trading platforms
overall cons
  • Extremely complex desktop trading platform
  • Complicated account opening process
  • High inactivity fee
  • Limited product portfolio
  • No credit/debit cards and electronic wallets for money transfer
  • No live chat and poor telephone support
fees
4.3
  • Low trading fees
  • Low stock and ETF fees
  • Low financing rate
  • Free stock and ETF trading for US clients
  • Inactivity fee
4.7
  • Low trading fees
  • Low non-trading fees
  • Free stocks, ETFs, options
  • High wire transfer costs
account opening
3.4
  • Fully digital
  • No minimum deposit for most accounts types
  • Not user-friendly
  • Confusing messages throughout the process
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Only available for residents from the US
deposit and withdrawal
2.5
  • No deposit fee
  • Several account base currencies
  • First withdrawal each month free
  • Credit/Debit card not available
  • Not user-friendly
1.9
  • No deposit fee
  • User-friendly
  • Free ACH deposit and withdrawal
  • Credit/Debit card not available
  • Only one account base currency
  • High wire transfer fees
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
4.5
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No two-step (safer) login
mobile trading platform
3.5
  • Two-step (safer) login
  • Good search function
  • Good variety of order types
  • User interface is a bit complex
5.0
  • User-friendly
  • Two-step (safer) login
  • Good variety of order types
desktop trading platform
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • Poor search function
  • Too complex for beginners
4.5
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No two-step (safer) login
markets and products
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Warrants
  • Structured Products
  • Indices
  • Metals
1.7
  • Stock
  • ETF
research
3.5
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Not user-friendly
3.5
  • Trading ideas
  • Data on asset fundamentals
  • User-friendly
  • Limited interactive charting
  • No/poor quality news flow
customer service
4.4
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
0.8
  • Fast and relevant answers through the platform message center
  • No live chat
  • Slow telephone support
  • No answer to emails
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Courses only available after registration
2.0
  • Demo account
  • No trading platform tutorial videos
  • No educational videos
  • No webinars
  • Listed on stock exchange
  • Negative balance protection
  • Regulated by top-tier financial authorities
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Traders looking for low fees and a professional trading environment Investors and traders looking for zero-commission trading and focusing on US markets
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