Robinhood vs Webull
| Robinhood Review 2023 | Webull Review 2023 |
|---|---|
0.9
Robinhood is #38 in our broker rankings.
We do not recommend trading with Robinhood. Their business practices have harmed traders and their "free" trading offer has been criticized for actually costing their traders millions of dollars.
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4.4
Webull is #7 in our broker rankings. |
 Traders from US accepted |
Traders from US accepted |
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Robinhood is an American stock broker and financial services firm based in California. The broker offers commission-free stocks, cryptos and ETFs, plus other products such as cash cards and retirement accounts. Despite its robust US regulation, Robinhood has been involved in numerous scandals and security breaches since 2020. We urge investors to exercise caution. |
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 with a strong trust rating. Low fees, no minimum investment and generous welcome bonuses have made the discount broker popular with online investors. |
| Bonus Offer | |
| Up to 12 free fractional shares when you deposit $100 | |
| Comment by Reviewer | |
| "Robinhood is aimed at traders looking for stocks and crypto investing opportunities with additional perks. However, the brokerage's recent business practices mean the brand isn't a good option if you want a reliable and trustworthy broker." | "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 | |
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| Cons | |
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| Instruments | |
| Stocks, Options, Crypto, ETFs | Stocks, ETFs, ADRs, OTCs, options, cryptos, forex, fractional shares |
| Demo Account | |
| No | Yes |
| Minimum Deposit | |
| $0 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $10 | 0.00001 (Fractional Share) |
| Regulator | |
| SEC | SEC, FINRA |
| Margin Trading | |
| No | Yes |
| Margin Rate | |
| 2.5% | 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 and Windows | 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 | |
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| Stock Exchanges | |
| Forex Trading | |
| Forex trading not offered | Webull offers a modest collection of 17 currencies, including majors like EUR/USD. Forex can be traded on the feature-rich investing app with real-time quotes and low spreads. |
| GBPUSD Spread | |
| 0.4 | |
| EURUSD Spread | |
| 0.2 | |
| EURGBP Spread | |
| 0.4 | |
| Assets | |
| 15+ | |
| Cryptocurrency | |
| Access 18 crypto assets through the Robinhood app with no commission fees, including access to Bitcoin. On the negative side, the selection is not as wide as other brands and security is weak. | Webull offers trading on 8 popular cryptos through its Webull Pay app. With premium analysis tools, traders can review market trends and identify opportunities in a few taps. |
| Spread | |
| 0% | Floating |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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Robinhood vs |
Webull vs |