TradeZero is a stock and ETF broker established in the Bahamas in 2015. Though the global entity is regulated offshore, the US subsidiary is overseen by FINRA with SIPC registration. The powerful proprietary trading software makes it a popular choice for active day traders.
Webull is a multi-regulated trading app that offers stocks, options, forex, cryptos, ETFs, fractional shares and more. The firm is authorized by the SEC, FINRA and FCA 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
Up to 12 free fractional shares when you deposit $100
Comment by Reviewer
"We recommend TradeZero for active stock traders looking for zero commissions, powerful software and extended hours trading."
"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
ZeroPro provides access to advanced charting features, instant alerts, customizable hotkeys and, for an extra monthly fee, OTC Level 2 markets
High intraday leverage up to 1:6 for global accounts with balances of $2,499+ and up to 1:4 for US clients
Four in-house platforms including a proprietary mobile app with real-time data streaming
Simple pricing structure; free or paid stock and options orders (eligibility requirements apply)
On-demand tutorial videos and live stream market insights
The US entity is registered with the FINRA and SIPC
Innovative solution to mark unused locates for credit
Pre-market and post-market trading hours
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 in the US and UK 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
TradeZero only facilitates trading US stocks, with UK, EU and other international markets unavailable
High deposit and withdrawal fees; $50 for outgoing and $25 for incoming (waived if over $500)
The TradeZero global entity has weaker regulatory oversight from the SCB of the Bahamas
A $59 monthly fee applies to the ZeroPro and ZeroWeb terminals
Customer support is available 24/7 with a responsive live chat
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
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
Crypto trading not offered
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.
