WeBull Guide – Read our In-Depth WeBull Review
WeBull Rating: 4.37 / 10
Our proprietary rating algorithm takes all of our datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones.
This WeBull review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this WeBull review does not apply to users in BR, KR, IR, IQ, SY, JP, US
If you are a new entrant in the world of trading and broker, so many facts will be perplexing for you. Getting into the world of trading demands expert analyzing skills and thorough knowledge. You'll get proficient at all of the concepts of broker as you continue trading. For starters, you need to select the right agent who will be clear with you always.
Within this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment plan will create hefty returns. WeBull is just one such stage which will take you along with your investment to great heights. It's important to know about WeBull before you trust them with your money.
WeBull Guide – Brief Overview
WeBull Telephone Number:
WeBull Email Address:
Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA)
Number Of Clients:
5,000+ WeBull users and traders
WeBull Facebook Likes:
WeBull Twitter Followers:
WeBull Instagram Followers:
Your capital is at risk
|WeBull Telephone Number:|
|WeBull Email Address:|
|Regulated By:||Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA)|
|Number Of Clients:||5,000+ WeBull users and traders|
|WeBull Facebook Likes:||0|
|WeBull Twitter Followers:||0|
|WeBull Instagram Followers:||0|
Your capital is at risk
Our full WeBull Review covers all you need to learn about trading with WeBull. A fantastic broker can multiply your initial investments and provide you favourable profits. If you want to earn profits, you should trade with a broker service that contrasts with your investing goals.
There's absolutely no sure-fire method to guarantee profits; thus, you should carefully analyze your broker before you choose them. It is a common misconception that all agents are exactly the same, but that's not correct. Wrong judgment, in the beginning, can set your investments in danger.
WeBull is a broker that has paved its way successfully into the brokerage world. Within this review, we've tried to collate some of the important facets of WeBull. This review can allow you to understand whether WeBull is a fantastic match for your investments or not. We've tried to breakdown all the qualities and charges for your advantage.
WeBull Review, Table Of Contents
- Who are WeBull?
- Benefits Of Trading With WeBull
- Everything you should know about trading with WeBull
- Is WeBull Safe To Trade With?
- WeBull Risk Disclaimer
- Pro's & Con's Of Trading With WeBull
- Compare Brokers Similar To WeBull
- Regulation And Licencing In More Detail
- WeBull Awards
- Minimum Deposit Required For A Live Account With WeBull
- WeBull Commission And Fees Explained
- Compare broker fees against WeBull
- WeBull Withdrawal Fees Explained
- WeBull Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With WeBull?
- Alternatives To WeBull
- Frequently Asked Questions About WeBull
Who are WeBull?
WeBull is a forex broker headquartered in USA and provides a range of instruments for trading. Since its establishment in 2017, WeBull has emerged as a top player in the industry of online brokerage. WeBull has an extremely competitive and full-featured trading site that's focused on currency, indices, metals, sharesand commodities.
Over the past 4 years, WeBull has grown into one of the leading online brokers.
After launching in 2017, their customer base is becoming as big as 5,000+ clients.
WeBull is a favourite of many traders.. Our WeBull review found that they are an excellent choice for automated trading options. It is most appropriate for investors who are looking for an assortment of assets. Social and automated trading solutions are the heart at WeBull.
Technology plays a substantial role at WeBull. WeBull offers trading on Web Trader, Tablet & Mobile apps. WeBull is fair, transparent, and a well-regulated agent by the Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA). Their outstanding variety of resources will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.
The educational department at WeBull is very insightful for new traders since it allows them to get a closer look at the financial markets. WeBull caters to all sorts of traders and are a must-have broker for almost any well-diversified method of online trading.
If you feel that WeBull is not right for you then at the bottom of this WeBull review you wil find a lot of alternatives to WeBull.
What you ought to know about trading with WeBull
WeBull is a dynamic platform that provides various techniques of trading. These instruments cover the monetary markets substantially. Most of the broker platforms offer less procedures than WeBull
If you wish to trade with WeBull, you'll need a minimum deposit of $50. This deposit is required if you want to begin trading with WeBull. This 2021 WeBull review will direct you easily about trading with them.
WeBull is as flexible as another broker platform. WeBull is excellent for traders who want a manageable range of low-cost services. The platforms supplied by WeBull are third-party, white-label offerings. All traders may pick out of Web Trader, Tablet & Mobile apps.
Together with everything, WeBull has multiple benefits to new and verteran traders and should be investigated. There's no minimum time over which a trade has to be kept open. The agents provide premium client service which rewards customers with benefits.
Many unethical brokers try to pressurise customers into bigger financing for superior services. WeBull, on the other hand, is more concentrated on trading volume. Dealers can expect trading conditions to be fair, honest and transparent. The more lots traded by the consumer, the greater benefits will become available.
WeBull accounts are available globally and provides excellent service everywhere they have clients. There are a few countries where WeBull accounts are not available. Traders in the following countries cannot open or use a WeBull account:
BR, KR, IR, IQ, SY, JP, US
Is WeBull Safe To Trade With?
Established in 2017, WeBull has been in operation for 4 years, they are headquarted in USA.
WeBull is regulated by Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA). These bodies have rules that mandate that trading platforms have ploicies in place to maintain investor's resources secured. This usually means that WeBull users do not need to be worried about their money since it's segregated and safely stored in banks that are established. SSL encryption simplifies each user's personal information as well.
You can make use of a choice for 2 Factor Authentications (2FA) with WeBull for heightened safety. An SMS for the confirmation code will be sent to a mobile phone. You'll be required to enter this code to log into your account.
Another concern with financial brokers is in respect to security might be manipulation of trading. This is highly disadvantageous for users on these platforms. However, this is much more prevalent in the case of Market Maker agents who compete with users on the platform.
WeBull Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With WeBull
Every online trading platform will have some ups and downs, and no WeBull review would be complete without showing both sides. This WeBull review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
- WeBull is trusted by 5,000+ clients
- WeBull has low minimum deposit requirements
- WeBull doesn't charge inactivity fees
- WeBull offers social trading
- WeBull offer trading on Web Trader, Tablet & Mobile apps
- WeBull offer 100 trading instruments
- WeBull trades major forex pairs
- WeBull trades minor forex pairs
- WeBull can communicate in English, and Chinese
- WeBull does not offer Negative Balance Protection
- WeBull does not offer Guaranteed Stop Loss
- WeBull charge withdrawal fees
- WeBull charge deposit fees
- WeBull doesn't trade exotic forex pairs
- WeBull doesn't offer trading on cryptocurrencies
- WeBull charge CFD fees
- WeBull doesn't offer copy trading
- WeBull doesn't offer trailing stop
WeBull Review - Compare Brokers Similar To WeBull
|Rating||4.37 / 10||6.98 / 10||4.2 / 10||6.16 / 10|
|Regulated By||Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA)||Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)||Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F333||Cyprus Securities and Exchange Commission (CySEC)|
|Find Out More|
|Risk Warning||Your capital is at risk||All investments involve risks, including the possible loss of capital.||Your capital is at risk||Losses can exceed deposits|
WeBull Review - Regulation And Licencing In More Detail
WeBull is regulated by Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA).
WeBull, as a business, has a strong set of rules for ensuring fair trading onto its own platform. For information encryption functions, it provides an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
WeBull Review - AwardsAt the time of writing this WeBull review, and despite WeBull’s impressive offering, the company has surprisingly not garnered any other awards to date.
WeBull Trading Platforms
WeBull are a trustworthy trading platform that has been operating for over 4 years. They offer a wide range of options in their customer accounts.
In the following table we take the main parts of any professional online broker and compare WeBull with Robinhood, umarkets, and TopForex
WeBull Review - Minimum Deposit Required
The minimum deposit that you need to begin on WeBull is $50. This is a decent amount for those just starting out. You can make more complex deposits as you go along. But, make certain that you know how to make the most of your cash before investing in larger sums.
WeBull Review - Commission And Fees Explained
WeBull is an online broker platform, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled better. That is, an internet broker is not necessarily affected by the amount of customers they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are mainly three types of fees for this objective.
The first sort of fees to look out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading fees. In these cases, you're spending a spread, financing speed, or even a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread refers to the difference between the buying and selling price. Financing or overnight prices are people that are billed when you maintain a leveraged position for more than a day.
Aside from trading fees, online agents also charge non-trading fees. These are determined by the actions you undertake on your account. They are billed for services like depositing money, not investing for lengthy periods, or withdrawals.
In general, WeBull does not charge high fees in comparison to other online brokers. For operations other agents charge for, they either do not charge a broker fee, or they charge a lesser sum. This is beneficial for those who regularly trade, for example daily or weekly trading.
But, non-trading fees charged by WeBull are comparatively competitive. As a result, you're billed more for non-trading activities on your trading accounts, like withdrawal and deposits. These are not related to the purchase and sale of assets.
This WeBull review breaks down each of the relevant non-trading charges for you in detail.
Compare broker fees against WeBull
WeBull Review - Withdrawal Fees Explained
WeBull charges a withdrawal fee if you create a bank transfer. Every time you move money into your bank accounts, these withdrawal charges become important.
Withdrawal of money is possible at any moment from your WeBull account. You can withdraw up sums to the amount of your account balance, keeping aside the margin utilized. 1 thing to remember is that you don't always have to have any cash in your accounts.
Moreover, the withdrawn money will be transferred directly to the account you use to create deposits. Thus, if you used a credit card for deposits, then the withdrawn money will be sent to the card. WeBull will ask you to offer other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you are withdrawing cash in different currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the money you are opting to draw in.
WeBull Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is one of the buzzing questions which run through your mind when open an account with WeBull. An inactivity fee is an amount charged to registered dealers that haven't participated in buying or selling for some time. The period considered inactive is decided by the broker.
The inactivity fee differs from one agent to another and isn't standardized. If a dealers account does not have a purchasing or selling transaction, it's maintained by the broker as an inactivity charge. The traders need to pay this fee under terms and conditions they had consented while enrolling.
WeBull doesn't charge inactivity fees so you are free to pop in and out of your account as needed
Even if no fees are indicated by WeBull, it is better for you to close the account if you're inactive. Inactivity fees are not only charged by brokerage companies but also many financial services.
For other trading platforms, the inactivity fee depends on the sort of account you have chosen. The inactivity fee is subjected to many conditions and should be revealed clearly by the broker beforehand.
WeBull Review - Deposit Fees Explained
When you transfer money into your trading account by your bank account, a deposit fee can be charged by the broker. Most brokers don't charge an excessive amount of money for this operation.
WeBull charges a deposit fee for transferring money into your trading account.
Depositing money on the WeBull trading platform is easy. You just need to complete a single-user profile survey to start depositing money into your trading account. You'll need to provide an identity evidence and proof of residency to deposit large amounts.
WeBull Review - Compare Broker Deposit Methods
What Can You Trade With WeBull?
Note: WeBull provides many different trading instruments due to regulatory restrictions in various countries. Trading instruments offered will differ depending on the country of residence of the client.
WeBull has a wide variety of over 100 instruments available for you to trade with.
If trading currency pairs is of interest to you then WeBull offer over 0 currency pairs.
Compare WeBull, Robinhood, umarkets & TopForex below.
Reviewing The WeBull Mobile App
Note: WeBull's mobile app has a lot of functionality and is being constantly developed. The table below was correct at the time of compiling this WeBull review.
Understand the capabilities of the mobile apps of WeBull, Robinhood, umarkets & TopForex below.
Alternatives To WeBull
If, after studying this WeBull review, they don't quite fulfill your needs check out these WeBull alternatives.
We have scoured the web to find the best alternatives to WeBull. Click the links below to learn more.
Frequently Asked Questions about WeBull
Can I try WeBull before I buy?
Yes, you can most certainly try WeBull before you buy. WeBull provides demo accounts for the ease of new traders. You may use this feature to build your faith in the system and yourself and your trading strategies.
If you register for a demo account on WeBull, you may set out using a decent amount of virtual money. It's to establish a feeling of security and confidence in you until you choose to invest your own money.
With this virtual WeBulldemo account, you are able to experiment at all, to whatever length you desire. You might also start positions, examine different trading approaches, and much more.
WeBull specifies on its official site that you can trade real time stocks in a demo account.
Is WeBull safe?
It is possible to drop all your worries because we believe that WeBull is completely safe to use. It is in compliance with all the rules of Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA).
Nevertheless, WeBull doesn't provide assured stop-loss protection.
Why does WeBull ask for my passport?
The reason that WeBull asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, WeBull has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, WeBull must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with WeBull?
The process to start trading withWeBull is perhaps simple enough to be a cakewalk. You need to begin by signing up on the WeBull website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with WeBull is $50. You should have a good understanding of the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with WeBull.
The best way to kickstart your trading career with WeBull is to open a demo account facility before risking any real money
What funding methods do WeBull accept?
There are a number of ways to finance your account with WeBull. The process is effortless and quick, with different payment methods in your fingertips.
You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You have to keep in mind that PayPal is not available in every place. The currencies WeBull
Is my money safe with WeBull?
Yes, your cash is safe and secure with WeBull. As you know, WeBull operates with good conformation to. It's established plenty of steps to protect all its investors.
WeBull safeguards its clients' private and sensitive data under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you wish to further protect your accounts, it is possible to empower Two-Step Verification as well. It takes an SMS affirmation that you get your accounts.
Is WeBull trading good?
Yes, trading through WeBull is a nice and good experience indeed. It is a great and intuitive platform with helpful features for your simplicity. Moreover, you could even gain access to a huge selection of educational tools and assistive substance to kickstart your trading experience.
If you remain skeptical, you can open a eToro demo account and evaluate the trustworthiness of the platform for yourself.
Which Countries does WeBull support?
WeBull operates across the globe. However, due to regulations there are some countries that WeBull do accept clients resident in BR, KR, IR, IQ, SY, JP, US
Is WeBull legit?
WeBull is a legit company headquarted in USA since 2017. They are regulated by Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA). WeBull is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is WeBull a good broker?
WeBull is a great broker, and its users can vouch for this. The highlight of the platform is its quick order execution on transactions.
You will discover the clean layout of the platform and the admirable features that a pleasure to work with.
Is WeBull a trustworthy broker?
Yes, WeBull is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 5,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for WeBull?
The minimum deposit to open a live account with WeBull is $50
How long do WeBull withdrawals take?
Normally, withdrawal of money from WeBull is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from WeBull to show in your bank account.
Are WeBull regulated?
WeBull are regulated by Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA)
Is WeBull a market leading broker?
WeBull is indisputably among the business leaders. It has over 5,000+ registered users and over 4 years of experience on its own record. They're among the world's top trading platforms and also a prominent figure in the Fintech revolution.
It simplifies this status to its unbelievable platform and broad range of resources plus tools so that you can put money into capital markets.
Is WeBull a con?
No, WeBull is not a con. They are regulated by Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA) and must adhere to their rules. Thus, it is safe to say that WeBull is not a scam.
Can you make money with WeBull?
Using WeBull, several traders make a lot of cash. However, typically, through continual trading, you also can make between 2% - 10% profit a month.
This can look to be a little number, but within the year, this adds to a significant amount of gains. While WeBull provide you all the tools to earn money, they can't guarantee that you will gain.
Does WeBull have fees?
Yes. To begin trading with WeBull, you need to deposit $50. Certain commissions while trading additionally applies. Any processing fees from your bank might need to be incurred by you.
When was WeBull founded?
WeBull was founded in 2017 in USA. WeBull is regulated by Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA).
How many people use WeBull?
WeBull is a globally recognised broker with 5,000+ clients.
Where is the WeBull head office?
WeBull has its head office in USA
Does WeBull offer negative balance protection?
No. WeBull doesn't provide negative balance protection. If your balance is unfavorable, WeBull suggests you contact client services. For this, you are able to fix any imbalances within your own account.
Does WeBull offer guaranteed stop loss?WeBull regrettably, does not provide guaranteed stop loss. WeBull gives a chance to its traders to close their trade at their given price. Aside from this, WeBull doesn't offer guaranteed stop loss.
Does WeBull allow scalping?Yes, WeBull do allow scalping. Many traders across the world choose WeBull for their services that are trading. They offer trading on Web Trader, Tablet & Mobile apps which let this.
Does WeBull allow hedging?
Yes, WeBull does allow hedging.
Can you trade energies with WeBull?
Yes, you can trade energy stocks with WeBull
Can you trade agricultural shares with WeBull?
Yes, you can trade agricultural stocks with WeBull
Can you trade cryptocurrency with WeBull?
No, unfortunately you cannot trade cryptocurrency with WeBull
Can you trade metals with WeBull?
Yes, you can trade metals with WeBull
Can you trade UK Shares with WeBull?
No, unfortunately you cannot trade UK shares with WeBull
Can you trade US Shares with WeBull?
Yes, you can trade US shares with WeBull
Can you trade Japanese Shares with WeBull?
No, unfortunately you cannot trade Japanese shares with WeBull
Can you trade German Shares with WeBull?
No, unfortunately you cannot trade German shares with WeBull
Does WeBull accept bank transfers?
Yes, WeBull accepts bank transfers for depositing money.
Does WeBull accept credit cards?
Yes, WeBull accepts credit cards for depositing money.
Does WeBull accept PayPal?
No, WeBull does not accept PayPal.
Does WeBull accept Skrill?
No, WeBull does not accept Skrill.
Does WeBull accept Payoneer?
Yes, WeBull accepts Payoneer for depositing money.
Does WeBull accept Neteller?
No, WeBull does not accept Neteller.
Does WeBull offer Live Chat customer support?
Yes, WeBull offers customer support through live chat.
Does WeBull offer phone customer support?
Yes, WeBull offers customer support over the telephone.
Does WeBull offer email customer support?
Yes, WeBull offers customer support through email.
What languages can WeBull communicate in?
WeBull has the ability to communicate and support customers who speak: English, and Chinese
Does WeBull have a wikipedia page?
No, WeBull does not have an official wikipedia page.
Does WeBull offer demo accounts?
Yes, WeBull offers virtual portfolio accounts so you can test your trading strategies before risking any real money. Newbie traders can open a demo account in order to better understand the areas of Forex trading and test out some of WeBull's features before risking a live account.