moomoo vs Webull compared

moomoo
Webull
Key differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Customer service score
    5.0
    /5
  • Account opening score
    4.2
    /5
  • Trading platform combined score
    4.3
    /5
  • Customer service score
    3.3
    /5
  • Account opening score
    5.0
    /5
  • Trading platform combined score
    5.0
    /5
Recommended for
  • Beginners
    4.4
    /5
  • Equity
    4.3
    /5
  • Beginners
    4.4
    /5
  • Equity
    4.3
    /5
You can open an account in United States
You can open an account in United States

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.7

Recommended for Investors and traders looking for zero-commission trading and focusing on US markets.

Overall Score
4.8

Recommended for Investors and traders looking for zero-commission trading and easy platforms

Best broker for IPO

Country of origin
Broker's country of establishment

USA

Country of origin
Broker's country of establishment

USA, Hong Kong and Macao

Fees

Fees score
4.7
Fees score
4.8
Fees summary
BrokerChooser's qualitative summary on the broker's prices

Low trading and non-trading fees

Fees summary
BrokerChooser's qualitative summary on the broker's prices

Commission-free stock and ETF trading, low non-trading fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
1.9
Deposit and withdrawal score
1.9
Number of base currencies
How many account currencies you can choose from

1

Number of base currencies
How many account currencies you can choose from

1

Deposit type

Withdrawal type

Account opening

Account opening score
4.2
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
The minimum amount you have to deposit for using the account
There is no minimum deposit
*

$0

*
Minimum deposit
The minimum amount you have to deposit for using the account
No minimum deposit for cash accounts, but there is a $2,000 minimum for margin accounts
*

$0

*
Time to open account
BrokerChooser estimation on time needed to access account after all documents are provided by customer

1-3 days

Time to open account
BrokerChooser estimation on time needed to access account after all documents are provided by customer

1 day

Required documents
Documents required for opening an account

Proof of identity: social security number Proof of residency: bank statement / utility bill / rental statement

Required documents
Documents required for opening an account

Proof of identity: SSN / passport / national ID card / driver's license/tax identification number

Trading platform

Web platform score
-
Web platform score
5.0
Mobile platform score
4.5
Mobile platform score
5.0
Desktop platform score
4.5
Desktop platform score
5.0

Markets and products

Markets and products score
2.4
Markets and products score
2.9
Stocks
Stocks are available
Stocks
Stocks are available
Fractional shares
Fractional shares are available
Fractional shares
Fractional shares are available
$5 is the minimum
*
*
ETFs
ETFs are available
ETFs
ETFs are available
Forex
Forex is available
Forex
Forex is available
Funds
Funds are available
Funds
Funds are available
Bonds
Bonds are available
Bonds
Bonds are available
Options
Options are available
Options
Options are available
Futures
Futures are available
Futures
Futures are available
Crypto
Crypto is available in any form (e.g. as a CFD or ETF)
Crypto
Crypto is available in any form (e.g. as a CFD or ETF)
CFDs
Any CFD is available, e.g. stock CFD or commodity CFD
CFDs
Any CFD is available, e.g. stock CFD or commodity CFD

Research, education

Research score
5.0
Research score
4.4
Charting quality

Great

Charting quality

Great

Education score
5.0
Education score
4.0
Demo account
Demo account

Customer service

Customer service score
5.0
Customer service score
3.3
Phone
You can reach the broker by phone
Phone
You can reach the broker by phone
Live chat
Live chat is available
Live chat
Live chat is available
Email
Email support is available
Email
Email support is available
24/7 availability
At least one customer support channel, i.e. live chat, phone or email, is available even on the weekend
24/7 availability
At least one customer support channel, i.e. live chat, phone or email, is available even on the weekend

Security

Investor protection amount
The protection amount depends on the country where you opened your account. In the US, forex trading and commodity-related contract (e.g. futures or options) are generally not covered.

$500,000 (securities up to $500,000, cash up to $250,000)

Investor protection amount
The protection amount depends on the country where you opened your account. In the US, forex trading and commodity-related contract (e.g. futures or options) are generally not covered.

$500,000 (securities up to $500,000, cash up to $250,000) for US customers, and HKD 500,000 for securities and HKD 0 for cash in Hong Kong and China

Banking background
Whether the broker has a banking background
Banking background
Whether the broker has a banking background
Listed on stock exchange
The broker is listed on a stock exchange
Listed on stock exchange
The broker is listed on a stock exchange
Foundation date

2018

Foundation date

2017

Country of regulation
Which countries' regulators oversee the broker

USA, Singapore

Country of regulation
Which countries' regulators oversee the broker

USA, Hong Kong

moomoo

For detailed information and hands-on experience, read our review of this broker.

Webull

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

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.

moomoo's service is on par with Webull's and a comparison of their fees shows that moomoo's fees are similar to Webull's.

Account opening takes somewhat more effort at moomoo compared to Webull, deposit and withdrawal processes are about the same quality at moomoo, while customer service quality is better than Webull's.

Our experts rated the trading platform of moomoo as somewhat worse than the platform of Webull, found that clients have access to slightly less markets and products with moomoo, while Webull provides somewhat lower-quality research and education.

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