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
open account	Visit broker	Visit broker
overall rating	4.8 / 5.0	4.3 / 5.0
overall pros	Broad product portfolio Low fees Great and diverse research tools	Free stocks and ETFs Fast and easy account opening Great trading platforms
overall cons	Funding and withdrawal only through bank transfer Complicated account opening process Not user-friendly and complicated desktop trading platform	Limited product portfolio No credit/debit cards and electronic wallets for money transfer No live chat and telephone support
fees	4 stars Low trading fees Transparent fee structure Inactivity fee	5 stars No inactivity fee Transparent fee structure Free stocks and ETFs High financing rate High wire transfer costs
account opening	3 stars Fully digital No minimum deposit for most accounts Slow Not user-friendly Confusing messages throughout the process	5 stars Fast Fully digital No minimum deposit Only available for US, Chinese and Indian clients
deposit and withdrawal	2 stars Several account base currencies No charge for the first withdrawal each month Credit/Debit card not available Slow withdrawal - over 3 days	2 stars 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 stars User-friendly Clear fee report Two-step (safer) login Limited customizability (for charts, workspace)	5 stars User-friendly Good customizability (for charts, workspace) Good variety of order types No two-step (safer) login
mobile trading platform	4 stars Two-step (safer) login Good search function Innovative functions (e.g. chatbot) Not user-friendly	5 stars User-friendly Two-step (safer) login Good variety of order types
desktop trading platform	3 stars Good variety of order types Two-step (safer) login Price alerts Not user-friendly Poor search function	5 stars User-friendly Good customizability (for charts, workspace) Good variety of order types No two-step (safer) login
markets and products	5 stars Stock ETF Forex Fund Bond Options Futures CFD Crypto	1 stars Stock ETF
research	4 stars Quality news flow Good set of analytical tools Fundamental data available Not user-friendly	3 stars Trading ideas Data on asset fundamentals User-friendly Limited interactive charting No/poor quality news flow
customer service	4 stars Live chat Fast response time Relevant answers Email ticketing looks like from the 90's	2 stars Fast and relevant answers through the platform message center No phone support No live chat
education	5 stars Demo account Educational videos Good production quality Courses only available to members	2 stars Demo account No trading platform tutorial videos No educational videos No webinars
safety	Listed on stock exchange Negative balance protection Regulated by top-tier financial authorities	Regulated by 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 who prefer low fees and a professional trading environment	Investors and traders looking for zero commission and focusing on US markets

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