Webull review

Webull suits beginners who want to learn with more tools in front of them. It does not charge commissions for trading stocks, ETFs and options listed on US exchanges, and it says there are no deposit minimums. Fractional shares start at $1.00 and recurring investments can build a long-term portfolio automatically. Webull offers individual brokerage accounts and IRAs, and its Premium membership adds data such as Nasdaq TotalView and discounts on margin and index options, though the pricing page as fetched did not show its price. Accounts are covered by SIPC up to $500,000, with a $250,000 cash sublimit, and Webull adds excess SIPC coverage through its clearing arrangement. Watch two costs: a $75 fee for each outgoing stock transfer, and a $0.50 per contract fee on certain index options. The app is more detailed than Robinhood or Public, which helps once you know what you are looking at but can feel busy on day one.

Who it is for

Beginners who want charts and research tools as they learn.

Price

$0 commissions on US-listed stocks, ETFs and options; no deposit minimums; Premium membership price not shown on the pricing page.

Webull does not charge commissions for trading stocks, ETFs and options listed on U.S. exchanges.
Quoted from the vendor pricing page on November 8, 2026.

Key features

• $0 commissions on stocks, ETFs and options listed on US exchanges
• No deposit minimums
• Fractional shares from $1.00 and recurring investments
• Individual brokerage accounts and IRAs
• Excess SIPC coverage through its clearing arrangement

Strengths and weaknesses

• Strength: $0 commissions including options
• Strength: Fractional shares and recurring buys from $1
• Strength: Detailed charts and research tools for learning
• Weakness: Transferring stock out costs $75
• Weakness: Certain index option trades carry a $0.50 per contract fee
• Weakness: The interface is busier than simpler apps

Key facts

• Stock and ETF commission: $0
• Deposit minimum: None
• Fractional shares: From $1.00
• Outgoing stock transfer: $75
• SIPC: Up to $500,000, $250,000 cash sublimit, plus excess coverage

Where it ranks

Webull is No. 8 in our Best Investing Apps verdict.