WeBull Guide – Read our In-Depth WeBull Review
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 US users.
If you're a new entrant in the world of trading and brokerage, so many facts will be confusing for you. Getting into the area of trading demands expert analyzing skills and comprehensive knowledge. You'll get adept at all the concepts of brokerage since you continue trading. For starters, you have to choose the ideal broker who will be clear with you always.
Within this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment plan will generate hefty returns. WeBull is just one such stage that will take you and your investment to great heights. It is crucial that you understand about WeBull before you trust them with your cash.
Our entire WeBull Review covers all you need to know about trading using WeBull. A good broker can multiply your initial investments and provide you favorable profits. If you would like to earn profits, you must trade with a broker service that contrasts with your investing goals.
There's absolutely no sure-fire way to ensure profits; therefore, you must carefully assess your agent before you choose them. It is a common misconception that all agents are exactly the same, but that is not true. Wrong judgment, initially, can set your investments at risk.
WeBull is a broker which has forged its way successfully into the brokerage world. In this review, we've attempted to collate a number of the vital aspects of WeBull. This review will help you to understand whether WeBull is a fantastic fit for your own investments or not. We've tried to breakdown all of the qualities and charges for your convenience.
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?
- 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 inception in 2017, WeBull has emerged as a top-tier player in the industry of online brokerage. WeBull has an extremely aggressive and full-featured trading website that's focused on forex, indices, metals, stocks and commodities.
Over the past 4 years, WeBull has grown into one of the leading online brokers.
After establishing in 2017, their client base is becoming as large as 5,000+ clients.
WeBull is the favorite of many traders because of its negative balance protection. Our WeBull review discovered that they are an superb alternative for automated trading options. They're best suited for investors who are looking for a variety of assets. Social and automated trading options are the heart at WeBull.
Technology plays a significant role in WeBull. WeBull offers trading on Web Trader, Tablet & Mobile apps. WeBull is honest, transparent, and also a well-regulated broker by the Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA). Their outstanding variety of tools will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.
The trader resource section at WeBull is quite enlightening for new traders since it allows them to have 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 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.
Everything you ought to know about trading using WeBull
WeBull is a lively platform that offers various methods of trading online. These tools cover the financial markets considerably. Most of the brokerage platforms provide less approaches than WeBull
If you want to trade with WeBull, you will need a minimum deposit of $50. This deposit is mandatory if you want to begin trading with WeBull. This 2021 WeBull review will direct you safely about trading with them.
WeBull is as versatile as any other brokerage platform. WeBull is ideal for traders that want a manageable selection of cheap services. The programs offered by WeBull are third party, white-label offerings. All traders may choose out of Web Trader, Tablet & Mobile apps.
Along with everything, WeBull has multiple benefits to new and verteran traders and should be investigated. There's no minimum time on which a trade has to be kept available. The brokers offer premium customer service that rewards clients with advantages.
Many unprofessional brokers try to pressurise consumers into larger funding for premium services. WeBull, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be just, honest and transparent. The more lots traded by the consumer, the greater benefits will come along.
WeBull accounts are available around the world and provides outstanding service wherever they have clients. There are some select few countries where WeBull accounts are not available. Traders in the following countries cannot open or use a WeBull account:
Is WeBull Safe To Trade With?
Established in 2017, WeBull has been operating 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 keep investor's assets secured. This means that WeBull users don't need to worry about their money as it is segregated and safely kept in banks that are established. SSL encryption secures every user's private information as well.
You are able to make use of an option for Two Factor Authentications (2FA) with WeBull for heightened safety. An SMS for the verification code will be sent to your phone. You will be asked to input this code to log in to your accounts.
Another concern with fiscal brokers is in regards to security might be manipulation of trading. This is highly disadvantageous for users on these platforms. Nonetheless, this is much more widespread in the case of Market Maker brokers who compete with users on the platform.
Pro's & Con's Of Trading With WeBull
Every online trading platform has some pros and cons WeBull review would be complete without having a balanced approach. 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 offers Negative Balance Protection
- WeBull doesn't charge inactivity fees
- WeBull doesn't charge deposit fees
- WeBull doesn't charge CFD fees
- 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
- WeBull does not offer Guaranteed Stop Loss
- WeBull charge withdrawal fees
- WeBull doesn't trade exotic forex pairs
- WeBull doesn't offer trading on cryptocurrencies
WeBull Review - Compare Brokers Similar To WeBull
|WeBull||Teletrade||Velocity Trade||WIT Invest|
|Headquarters||USA||Cyprus||Australia||Saint Vincent and the Grenadines|
|Regulated By||Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA)||Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)||Australian Securities & Investment Commission (ASIC)||Unregulated|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||Your capital is at risk||Your capital is at risk|
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 company, has a powerful collection of rules for ensuring fair trading on its own platform. For information encryption functions, it supplies an industry-standard secure socket layer (SSL).
In accordance with the organization's privacy regulations, client information is never to be shared with some other institutions or individuals. Including credit history and other financial information.
WeBull Review - Awards
- At the time of writing this WeBull review, they had not received any awards.
WeBull Review - Minimum Deposit Required
The minimum deposit that you must deposit to get started on WeBull is $50. This is an adequate amount for people just starting out. You can create more complex deposits as you go along. However, make certain that you know how to make the most of your money before investing larger amounts.
WeBull Review - Commission And Fees Explained
WeBull is an online broker platform, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. In other words, an internet broker isn't necessarily influenced by the number of clients they have.
But this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are primarily 3 types of fees for this purpose.
The first kind of charges to keep an eye out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you are charged trading fees. In these instances, you are spending a spread, financing rate, or a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the other hand, a spread denotes the difference between the buying and selling cost. Financing or overnight rates are people who are charged when you maintain a leveraged position for more than a day.
Aside from trading fees, online agents also bill non-trading fees. These are dependent on the activities you undertake in your account. They're billed for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
In general, WeBull does not charge high fees compared to other online agents. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for those who often trade, such as daily or weekly trading.
But, non-trading fees billed by WeBull are comparatively higher. As a result, you're billed more for non-trading activities in your trading account, like withdrawal and deposits. These aren't about the sale and purchase of resources.
This WeBull review breaks down each of the applicable non-trading fees for you in detail.
Compare broker fees against WeBull
|WeBull||Teletrade||Velocity Trade||WIT Invest|
WeBull Review - Withdrawal Fees Explained
WeBull charges a withdrawal fee when you create a bank transfer. Every time you transfer money back into your bank accounts, these withdrawal charges become important.
Withdrawal of cash is possible at any moment from your WeBull account. It's possible to withdraw up sums to the sum of your account balance, keeping aside the margin utilized. 1 thing to keep in mind is that you don't always have to have any cash on your accounts.
Moreover, the withdrawn money will be transferred directly to the accounts you use to make 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 provide other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In case 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're choosing to draw in.
WeBull Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of those buzzing questions which run through your mind when open an account with WeBull. An inactivity fee is an amount charged to registered traders who haven't engaged in purchasing or selling for a while. The period regarded as inactive is determined by the agent.
The inactivity fee differs from one agent to another and is not generalized. If a dealers account doesn't have a purchasing or selling transaction, it is maintained by the agent as an inactivity fee. The traders have to pay this fee under conditions and terms they had consented while registering.
WeBull doesn't charge inactivity fees so you are free to utilize your account as needed
Even if no charges are indicated by WeBull, it is better for you to close the account if you are inactive. Inactivity fees are not just charged by broker companies but also many financial services.
For additional trading platforms, the inactivity fee depends on the sort of account you have selected. The inactivity fee is exposed to many conditions and should be disclosed 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 too much money for this particular operation.
WeBull doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash on the WeBull trading platform is simple. You just need to finish a single-user profile questionnaire to begin depositing money into your trading account. You'll need to provide an identity proof and evidence of residency to deposit substantial amounts.
WeBull Review - Compare Broker Deposit Methods
|WeBull||Teletrade||Velocity Trade||WIT Invest|
What Can You trade With WeBull?
Note: WeBull offers a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered can differ based 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 forex pairs is of interest to you then WeBull offer over 0 forex pairs.
Compare WeBull, Teletrade, Velocity Trade & WIT Invest below.
Alternatives To WeBull
If, after reading this WeBull review, WeBull does not fulfill your requirements check out these WeBull alternatives.
We have scoured the web to find the best alternatives to WeBull. Click on the hyperlinks below to learn more.
Frequently Asked Questions about WeBull
Can I try WeBull before I buy?
Yes, you can most definitely try WeBull before you buy. WeBull provides demo accounts for the convenience of inexperienced traders. You may use this feature to build your faith in the machine as well as yourself and your trading strategies.
If you register for a demo account on WeBull, you will set out using a decent amount of virtual currency. It is to establish a sense of safety and confidence in you before you choose to invest your own money.
With this digital WeBulldemo account, you are able to experiment in any way, to whatever length you desire. You might also start positions, examine different trading strategies, and more.
WeBull specifies on its official website that you are able to exchange real time stocks with your demo account.
Is WeBull safe?
It is possible to drop all your worries since we believe that WeBull is totally safe to use. It is in compliance with the rules of Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA).
Even so, WeBull does not 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 acocunt with WeBull is $50. You should have a good hold over 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 multiple ways to finance your accounts with WeBull. The process is effortless and quick, with various payment methods in your fingertips.
You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You must bear in mind that PayPal isn't available in all country. The monies WeBull
Is my money safe with WeBull?
Yes, your money is safe and protected with WeBull. As you know, WeBull operates with good conformation to. It's established lots of measures to guard all of its own investors.
WeBull protects its customers' private and sensitive information under SSL encryption. Your funds will be retained 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 confirmation that you access your accounts.
Is WeBull trading good?
Yes, trading through WeBull is a nice and decent experience indeed. It's an excellent and intuitive platform with useful features for your simplicity. Moreover, you could even obtain access to a vast collection of educational tools and assistive substance to kickstart your trading expertise.
If you are still skeptical, you can open a eToro demo account and assess 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
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 own users may vouch for this. The highlight of this platform is its fast order execution on trades.
You'll find the clean layout of this platform and the admirable features 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 currently among the business leaders. It supports over 5,000+ registered users and over 4 years of expertise on its record. They are one of the world's leading trading platforms and also a prominent figure in the Fintech revolution.
It simplifies this status to its incredible platform and wide range of tools plus resources so 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, many traders earn a lot of cash. However, typically, through consistent trading, you also can create between 2% - 10% profit a month.
This may seem like 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 you will gain.
Does WeBull have fees?
Yes. To begin trading with WeBull, you need to deposit $50. Certain commissions while trading additionally apply. Any processing fees from your bank will have 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 agent with 5,000+ customers.
Where is the WeBull head office?
WeBull has its head office in USA
Does WeBull offer negative balance protection?
Yes, WeBull has Negative Balance Protection. It is specially offered when the market volatility keeps customers from letting their account go into the red. In a situation like this, WeBull offers the ability to reset a customers account balance to zero.
You can go through the important conditions on WeBull's site to understand their policies.
Does WeBull offer guaranteed stop loss?WeBull regrettably, doesn't offer guaranteed stop loss. WeBull provides an opportunity for its dealers to close their trade at their given price. Aside from that, WeBull does not offer guaranteed stop loss.
Does WeBull allow scalping?Yes, WeBull do permit scalping. Many traders throughout the world choose WeBull due to their scalping services. 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?
No, WeBull does not accept bank transfers.
Does WeBull accept credit cards?
No, WeBull does not accept credit cards.
Does WeBull accept PayPal?
No, WeBull does not accept PayPal.
Does WeBull accept Skrill?
No, WeBull does not accept Skrill.
Does WeBull accept Payoneer?
No, WeBull does not accept Payoneer.
Does WeBull accept Neteller?
No, WeBull does not accept Neteller.
Does WeBull offer Live Chat customer support?
No, WeBull does not offer customer support through live chat.
Does WeBull offer phone customer support?
No, WeBull does not offer customer support over the telephone.
Does WeBull offer email customer support?
No, WeBull does not offer customer support through email.
What languages can WeBull communicate in?
WeBull has the ability to communicate and support customers who speak:
Does WeBull have a wikipedia page?
No, WeBull does not have an official wikipedia page.
Does WeBull offer demo accounts?
Yes, WeBull offers demo accounts so you can learn their systems before risking any real money.