Plynk Invest vs Webull

Plynk Invest vs Webull Comparison Table 2024
Plynk Invest Webull
3.3

Plynk Invest is #35 in our broker rankings.

4.4

Webull is #35 in our broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

Plynk Invest is an SEC-regulated mobile investment platform that provides zero-commission trading from $1 in a wide selection of stocks and ETFs. Plynk also provides a platform to buy and hold a range of cryptocurrencies.

Webull is a US-regulated trading app that offers stocks, options, forex, cryptos, ETFs, fractional shares and more. The firm is authorized by the SEC and FINRA and continues to uphold a strong trust rating. Low fees, no minimum investment and generous welcome bonuses have made the discount broker popular with online investors.

Bonus Offer
$10 Sign-Up Bonus Up to 12 free fractional shares when you deposit $100
Comment by Reviewer
"Plynk will suit casual investors who want to make spare cash work for them by making streamlined, low-fee investments." "Webull is best for traders looking to buy and sell stocks on a user-friendly platform with zero commissions. The intuitive app also makes this broker great for mobile investors."
Pros
  • Easy-to-use app with no complex analysis features or terminology
  • Wealth of educational resources suitable for beginners
  • Commission-free stocks, ETFs and mutual funds
  • iOS and Android (APK) downloadable app
  • Low minimum deposit of $0
  • Regulated by SEC and FINRA
  • $10 to $20 sign up bonus
  • The Smart Advisor tool facilitates a more hands-off approach to investing, with low minimum investments and automatic rebalancing
  • The $0 minimum deposit and availability of fractional shares make broker highly accessible for beginners and those on a budget
  • The flagship charting platform offers comprehensive analysis tools including 60+ indicators, plus deep fundamental data
  • Webull maintains its strong reputation, with regulation by the SEC and FINRA and a clean track record
  • Webull is a low-cost broker, offering commission-free trading on many assets and zero inactivity fees
  • Alongside the investment account, the broker offers IRAs for those with long-term financial goals
  • The broker offers free stocks to newly registered investors
Cons
  • Limited features for experienced investors
  • Forex, futures, and options trading not available
  • No live chat service or contact phone number
  • No desktop or webtrader compatibility
  • Limited deposit and withdrawal methods
  • Available to US citizens only
  • Bank wire transfer fees
  • No demo account
  • There are relatively high deposit and withdrawal fees for non-US residents, including a $45 charge for international wire withdrawals
  • There’s a narrow range of payment methods available compared to competitors, with just ACH, ACATS and wire transfers available
  • There’s only one platform on offer, with no additional third-party tools
Instruments
Stocks, ETFs, Mutual Funds, Cryptos Stocks, ETFs, ADRs, OTCs, options, cryptos, forex, fractional shares
Demo Account
No Yes
Minimum Deposit
$0 $0
Trading Platforms
  • Own
  • Desktop App
  • Web Terminal
Payment Methods
Minimum Trade
$1 0.00001 (Fractional Share)
Regulator
SEC, FINRA SEC, FINRA
Margin Trading
No Yes
Margin Rate
5.49% - 9.49%
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No Yes
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS & Android
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No No
Account Currencies
  • USD
  • USD
Stock Exchanges
Forex Trading
Forex trading not offered Webull offers a small range of 17 currencies - far fewer than the 40+ offered by most competitors. Forex can be traded on the feature-rich investing app, offering 50+ customizable indicators plus dozens of technical signals. Beginners can also utilize demo mode with unlimited virtual cash.
GBPUSD Spread
0.4
EURUSD Spread
0.2
EURGBP Spread
0.4
Assets
15+
Cryptocurrency
Invest in BTC, LTC, BCH and ETH with low fees from $0.50 via Plynk's iOS and Android mobile app. On the negative side, the selection of cryptos does not match rivals with no emerging tokens and coins. Webull offers trading on 8 popular cryptos through its Webull Pay app, including Bitcoin, Litecoin and Shiba Inu. The broker charges a 100bps (basis points) markup on the price, although there is no minimum equity requirement or commission fee.
Spread
$0.50 on trades Floating
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • BTC
  • BCH
  • DOGE
  • ETC
  • ETH
  • LTC
  • SHIB
  • USDC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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