Robinhood vs Webull compared

Robinhood
Webull

Robinhood

Key score 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.
  • Research score3.3/5.0
  • Customer service score2.3/5.0
  • Overall score4.5/5.0
Good to know
Recommended for
  • beginners
  • equity
You can open an account at Robinhood

Webull

Key score 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.
  • Research score4.4/5.0
  • Customer service score3.3/5.0
  • Overall score4.8/5.0
Good to know
Recommended for
  • beginners 4.44/5
  • equity 4.29/5
You can open an account at Webull
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*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.5

Recommended for Beginners and buy-and-hold investors focusing on the US stock market

Overall Score
4.8

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

Best broker for IPO

Country of origin

USA

Country of origin

USA, Hong Kong and Macao

Fees

Fees score
4.6
Fees score
4.8
Fees summary

Low trading and non-trading fees, free US stock and ETF trading

Fees summary

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
1.8
Deposit and withdrawal score
1.9
Number of base currencies

1

Number of base currencies

1

Deposit type

Withdrawal type

Account opening

Account opening score
5.0
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$0

*
Time to open account

1 day

Time to open account

1 day

Required documents

Proof of identity: SSN and ID / passport / driver's license

Required documents

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

Trading platform

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

Markets and products

Markets and products score
2.9
Markets and products score
2.9
Stocks
*
*
Stocks
Fractional shares
*
*
Fractional shares
*
*
ETFs
*
*
ETFs
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
*
*
Options
Futures
Futures
Crypto
*
*
Crypto
CFDs
CFDs

Research, education

Research score
3.3
Research score
4.4
Charting quality

Poor

Charting quality

Great

Education score
0.5
Education score
4.0
Demo account
Demo account

Customer service

Customer service score
2.3
Customer service score
3.3
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

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

Investor protection amount

$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
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

2013

Foundation date

2017

Country of regulation

USA

Country of regulation

USA, Hong Kong

Robinhood

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.

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 Robinhood compared to Webull, deposit and withdrawal processes are about the same quality at Robinhood, while customer service quality is somewhat lower than Webull's.

Our experts rated the trading platform of Robinhood as being of the same quality as the platform of Webull, found that clients have access to about the same number of markets and products with Robinhood, while Webull provides somewhat better research and education.

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