Webull stream of income comes from at least 5 channels: Paid subscriptions to committed stock traders. If you are looking to transfer either your entire Webull account (or just a few holdings) to another broker, Webull will charge you a $75 transfer fee, which is industry standard. The app does not offer trading in mutual funds or bonds, and requires a subscription … Margin trading – Webull charges margin fees that start at 3.99%. Multi-leg options strategies and crypto trading are now available on Webull. Recommendations For Traditional, ROTH and Rollover IRA’s, we recommend Webull. SEC fees. Webull has some of the lowest fees among brokerages, without skimping on advanced trading tools. Why Webull 1. WeBull Streaming Quotes Investors at WeBull receive free real-time streaming stock quotes, also called Level I quotes. Explanatory brochure available upon request or at www.sipc.org. Simply put, these are stock loans, interest on free credit balances, margin interest and payment for order flow. The Clearing Fee is charged by The Options Clearing Corp (OCC) who provides central counterparty (CCP) clearing and settlement services to 16 exchanges. ETFs. USD is the main currency of the platform. of Contracts（Max $55 per Trade）, Withdraw via Wire Transfer(International). Investors should be aware that system response, execution price, speed, liquidity, market data, and account access times are affected by many factors, including market volatility, size and type of order, market conditions, system performance, and other factors. There are no fees to open an account, no account maintenance fees, and no software platform fees. Webull … That means no deposit or withdrawal fees, no monthly subscription, and no inactivity fee if you go a few months without … Fee to close WeBull brokerage account and delete app. ©2020 Webull Securities Limited. Data Charges Real … Quote data: Like Robinhood, traders must pay a monthly fee to view level-2 quotes after their free data subscription expires. Please contact your bank for details. Level 2 Quotes. An ACH transfer is free of charge, but if an ACH transaction is returned due to insufficient funds, a non-transactional account, levies, or for any other reason you will be charged a $30 reversal fee by our clearing firm. subscription for FREE! Webull offers premium services that investors pay subscription fees to access. But if you decide to open an account and deposit funds of at least $100, you get a free stock worth between $12.5 and $1,600 on top of the free Nasdaq TotalView subscription. Thanks for using Webull! However, fees are still applied by the SEC, FINRA and OCC, the regulatory agencies. Whether you’re a new investor or an experienced one, it’s easy to get started with Webull. Chris Davis … Items Charged By Fees; Transaction Fee: The U.S. Securities and Exchange Commission (SEC) $0.0000221 * Total $ Trade Amount (Min $0.01)(Sells Only) Trading Activity Fee … Webull charges an $8 fee to deposit money via wire transfer and a $25 fee for wire withdrawals. You can buy and sell stocks for free, which is one of the main reasons investors and traders choose Webull. The company was founded in 2017 and is regulated by the US Securities and Exchange … For users registered prior to August 20, 2020, the free subscription period … Webull Financial LLC is a member of the Financial Industry Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC), The New York Stock Exchange (NYSE) and NASDAQ. If the funds are coming from or going to a non-U.S. bank account, the fees are higher. Webull Financial LLC is a member of the Financial Industry Regulatory Authority , Securities Investor Protection Corporation , The New York Stock Exchange and NASDAQ. Webull Financial LLC is a member of Securities Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Get free stocks for a limited time when you open & fund a Webull brokerage account. 2) Once the 3-month complimentary subscription ends, clients may choose to continue their subscription for just $1.99/month. Interactive Brokers: Open account and get $200 for a friend you refer. Normally this is sent electronically to the email address provided by clients in their account opening application. Webull opens up some distance on Robinhood in the category of customer support. Webull offers access to thousands of U.S.-listed stocks. (Previous subscription fee was $24.99/month). If your wire transfer was returned due to non-identical, or wrong beneficiary owner or wrong information, the wire transfer fees charged by any originating, intermediary, or recipient bank may still apply. Neither Webull nor Robinhood has commissions on trades. Stock trade fee The U.S. Securities and Exchange Commission (SEC), $0.0000221*Total $ Trade Amount (Min $0.01), Financial Industry Regulatory Authority (FINRA), $0.000119 * Total Trade Volume Min $0.01 per - Max $5.95 per, $0.045 * No. No content on the Webull Financial LLC website shall be considered as a recommendation or solicitation for the purchase or sale of securities, options or other investment products. Despite the low costs, it may not be the best brokerage for beginners. * Currently U.S. citizens only. Webull is licensed by the SEC, and both a FINRA and SIPC member. More information on this can be found in our SEC Rule 606 disclosure. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against loss, in a down market. As part of their promotion to get people to sign up for their platform, they are offering 2 free stocks valued up to $1,400 for all new users just for signing up which is by far the best promotion we’ve seen in this space. That said, it is worth noting that Webull dropped its Level 2 … Customer support options include phone support and 24/7 chat. Enjoy Tech. Webull Fees & Commissions. Webull has something called an “Influencer program”. Webull Commissions and Fees. Webull offers the following asset types, all of which trade commission-free unless noted otherwise: Stocks. While commissions are free in Webull, there are some activities you’ll be charged for. Webull Promotion: Value: $8-$1,000 Free trading of stocks, ETFs and options refers to $0 commissions for Webull Financial LLC self-directed individual cash or margin brokerage accounts and IRAs that trade U.S. listed securities via mobile devices, desktop or website products. WeBull: Grab your last chance to get 2 free stocks up to $1,850 + acat refund. For a limited time, get a 3-month free subscription to Nasdaq Level-2 market data when you open a Webull account and one free stock worth up to $1,600 when you fund your account with at least $100. The past performance of a security, or financial product does not guarantee future results or returns. Member. All fees in the table above are subject to change without notice as per our clearing partner, Apex Clearing. Additional wire transfer fees charged by any originating, intermediary, or recipient bank may apply. To start, there are almost no fees associated with your account. As of January 2021, our Webull referral link will give you 2 free stocks just for signing up. The Options Regulatory Fee is a fee assessed by exchanges on their members. Robinhood offers an optional FDIC-insured checking account. Webull doesn’t charge account service fees or trade commissions, but you encounter a fee by using Webull’s optional services. They are free to buy and sell, and there are no minimum purchase requirements or fees for selling ETFs too soon (some brokers charge short-term redemption fees … Each valued between $8 - $1600. Webull … Costs & Fees . All registered users on Webull will receive 3 months' free subscription to Level 2 Advance (Nasdaq TotalView). Please read Characteristics and Risks of Standardized Options before investing in options. There are also margin fees. ... Robinhood has a 5.00% margin rate but requires the $5/mo. Webull Financial … These fees are pretty inconsequential, with SEC fees being $23.10 per million dollars of trading volume, while FINRA fees … The coverage limits provide protection for securities and cash up to an aggregate of $150 million, subject to maximum limits of $37.5 million for any one customer’s securities and $900,000 for any one customer’s cash. Free stocks: These reward stocks will be distributed from Webull’s inventory of settled shares held specifically for this promotion. Yes, there are some fees with Webull but for most users that are doing standard investing, there are no fees at all! … Webull charges for its research with subscription prices that range from $2.99 per month to around $60 per month. 1. ... Level 1 and Level 2 market data available for subscription… Webull reserves the right to add, change or modify the fee schedule at its own discretion from time to timewithout prior notice. Please refer to our Fee Schedule for more details. BNG700) for carrying out type 1 regulated activity (“dealing in securities”). Just as interest on margin trading, it is calculated on a daily basis and charged daily. The paid subscription range from $4.99 per month to $53.99 per year. Risk Disclosure: Trading of stocks and all other investment products involves substantial risk of loss and is not suitable for every investor. All investments involve risks and is not suitable for every investor. If the funds are coming from or going to a non-U.S. bank account, the fees are higher. 1. Yes. Characteristics and Risks of Standardized Options. Webull Commissions and Fees This is a big selling point of Webull’s platform because they offer 100% commission-free trading on ETFs and stocks. * Webull reserves the right to change or modify the fee schedule at own discretion.Updated on: Sep 27, 2020. Paid data subscriptions: Subscription prices range from $2.99 per month to nearly $60 per month for some data sources. (The previous subscription fee was $24.99/month!) Webull is a fully commission-free brokerage app that keeps costs to an absolute minimum. ... Level 1 and Level 2 market data available for subscription, giving investors more information to identify strategic buying and selling opportunities. Even the free investing apps have to make money, after all. Webull vs. Robinhood – Commissions and Fees. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends. That means no deposit or withdrawal fees, no monthly subscription, and no inactivity fee if you go a few months without trading. Unlike Robinhood, most of the services on Webull (including margin trading) are offered for free and the subscription plans only include access to advanced quotes. Webull does not profit from these fees. Your financial information is encrypted, and your deposits are insured. Webull offers commission-free online stock trading covering full extended hours trading, real-time market quotes, customizable charts, multiple technical … Your best bet is to … To start, there are almost no fees associated with your account. Where Webull Falls Short. Wire requests are usually processed the same day if you submit your request in the morning. Click here to get a 3-month Level 2 Nasdaq TotalView subscription for free while using the Webull mobile app and the brand new Webull Dekstop. However, if the email address fails to receive the email, we are required to send paper statements, confirms, and prospectus to the mailing address on file. Webull is a mobile brokerage app (which also has a desktop version) that offers zero-commission trading of individual stocks, exchange-traded fund (ETF) shares, options, and cryptocurrencies.. They will actually refund you ACAT fee charged by your current broker and give you a free stock. Other websites or apps may provide you with one or two tools for your stock market trading toolbelt, but Webull puts them all in one easy-to-navigate platform to ensure you, our traders, will Invest Smart, Trade Free. Though you may have to pay small fees (usually less than $0.01) for each … Is Webull safe to use? $30 ACH reversal fee is also applied to a returned/reversed ACH withdrawal. Refer a friend successful, get 2 free stocks. Thus, wires are normally the best choice if you want the fastest possible service. 0.10%(Rounded up to the nearest dollar, ETFs, Warrants, CBBCs, Inline Warrants are exempted from Stamp Duty, Min HK$1), 0.002% (Waived since 2005 until further notice), Note: the Best Lending Rate (P) of CMB Wing Lung Bank is 5.25% per annum currently. Low Costs – Zero commission, zero clearing fees, and zero initial deposit 2. Webull Financial LLC is a member of the Financial Industry Regulatory Authority , Securities Investor Protection Corporation , The New York Stock Exchange and NASDAQ. Webull doesn't charge you fees to open your account, to maintain your account or to transfer funds to your account. Cryptocurrency trading is offered through an account with Apex Crypto. Webull 4.0 for Desktop: Now Webull desktop users have free access to over 45 powerful widgets, a highly customizable trading layout, nasdaq total view, and many new features you can read about here. Webull believes that technology empowers traders to be more profitable helping to grow our user’s economic freedom. Financial calendar: If you’re a seasoned investor, Webull’s financial calendars could be … A $13 charge for a total of $1,000,000 of principal on stock sales only, with a $0.01 minimum. Webull is best for active traders looking for commission-free trades on stocks, ETFs, and options. subscription. ... Webull does not charge fees to open or maintain an account. Interest on cash balances: Uninvested cash in your Webull account earns interest for Webull, similar to your savings account. The Transaction Fee is charged by the U.S. Securities and Exchange Commission (SEC), an independent agency of the United States federal government. Webull supports 50 technical indicators, as well as 12 charting tools. Other Webull Fees. Webull vs Schwab Summary Both services offer low-cost ways to invest in stocks, ETFs and other tradable assets; Both offer $0 commission on stocks and ETFs, however, Schwab requires a small fee for option contracts Webull … Our clearing firm, Apex, will withhold the above regulatory fees where applicable. Margin Trading: Active and advanced traders can access margin with interest rates ranging from 3.99% to 6.99%. If you do not wish to continue receiving Level 2 Market Data after your complimentary 3-month subscription, you will receive Level 1 Market Data (Nasdaq Basic) instead. Put $100 in your Webull account, and see if you can score $1,600 in free stock. The cost associated with a short sale is the fee for borrowing the stocks of said company. Webull Securities Limited is licensed with the Securities and Futures Commission of Hong Kong (CE No. There is no need to fund an account for this deal. You must have at least $2,000 to qualify.Interest on margin trading is calculated on a daily basis and paid on a monthly basis. The formula is:Daily Margin Interest (Short Position) = The Daily Market Value of the Borrowed Stocks when Market Closes* Stock Loan Rate for That Stock/360. The funds typically are available in the receiving account the following day. Technology also enables us to provide transparent and straightforward prices with 0 commission trades and no deposit minimums. It is collected by The Options Clearing Corp (OCC) on behalf of the U.S. options Exchanges. Webull vs Schwab Summary Both services offer low-cost ways to invest in stocks, ETFs and other tradable assets; Both offer $0 commission on stocks and ETFs, however, Schwab requires a small fee for option contracts Webull has commission-free … All fees in the table above are subject to change without notice as per our clearing partner, Apex Clearing. Webull’s Asset Types and Fee Structure. Webull doesn’t charge any commissions for trades, and only requires you to pay SEC and FINRA fees, which you would pay with any other brokerage, including Robinhood. This NYC-based company prides itself on up-ending the traditional subscription and fee structures of many of the top broker-dealers. They do not charge any hidden fees, and there are no strings attached. The company was founded in 2016 and the Webull app … That said, it is worth noting that Webull dropped its Level 2 subscription cost to just $1.99 per month following a partnership with Nasdaq TotalView, and its basic data is free. Margin fees: Margin traders pay fees to Webull … Webull Commissions and Fees. Webull Minimum & Fees. There are fees for wire transfers, so you’ll want to keep that in mind. Webull is a US-based fintech startup offering zero-fee or discount brokerage services. Webull takes the cake by far. Please ensure that you fully understand the risks involved before trading. If you want access to cheaper margin, consider M1 Finance. Webull supports 50 technical indicators, as well as 12 charting tools. Our clearing firm Apex Clearing Corp has purchased an additional insurance policy. Webull … Relevant regulatory and exchange fees may apply. Webull charges $25 … Now, While Webull offers Level 1 quotes for free to any funded account, you have to subscribe to the premium plans for additional level 1 and level 2 quotes. Options trading privileges subject to Webull Financial LLC review and approval. ACAT Fee For Transfers Into Webull Webull does not charge any fees if you are transferring account to them. Trade Stocks, ETFs, Options with 0 Commission! Level II Quotes at WeBull At Webull NASDAQ TotalView Level II quotes, which provide more in-depth information and used by professionals who trade for living, are available for $1.99 per month with the first 3 months free. All rights reserved. The value of securities may fluctuate and as a result, clients may lose more than their original investment. The margin rate is variable and is determined by the size of the margin loan. Since, this site is an influencer, we can give you the FREE STOCK promo link. Webull provides intuitive and effective charts, multiple technical indicators, tools and level 2 market data to facilitate your analysis to seize any trading opportunities. Webull’s service is low-cost with commission-free trading and carries no platform fees. The broker is available by phone and email 24/7 and answers questions via in-app chat. Note: Per regulatory requirements, we must provide statements and confirms to clients. You can trade stocks, options, cryptos, and ETFs on the WeBull platform without any trading fees. Webull: Platform Fee: HK$10/transaction(Min HK$10) Webull: Stamp Duty: 0.10%(Rounded up to the nearest dollar, ETFs, Warrants, CBBCs, Inline Warrants are exempted … Webull is a discount brokerage offering commission-free investments, individual brokerage accounts, IRAs, cryptocurrency trading, and margin accounts. In order to keep the lights on, we optimize the back-end revenue streams that every other broker (traditional or non) utilize to generate revenue.