Webull vs Bybit

Webull vs Bybit Comparison Table 2024
Webull Bybit
4.4

Webull is #35 in our broker rankings.

3.1
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

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.

Bybit is an established crypto exchange aimed at online traders. Clients can speculate on leading tokens like Bitcoin, access crypto staking and loans, or trade NFTs using the firm's digital marketplace. Millions of users have signed up with the firm since it launched in 2018.

Bonus Offer
Up to 12 free fractional shares when you deposit $100 Up To 4030 USDT Welcome Bonus
Comment by Reviewer
"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." "Bybit is a good choice for active traders who want a fast and straightforward way to buy crypto tokens and trade crypto derivatives."
Pros
  • 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
  • Dual price mechanism reducing unfair liquidations
  • Increased profit potential with leverage up to 1:100
  • 24/7 customer help from a multilingual service team
  • No limits on trades and withdrawals on any account
  • Best-in-class market depth, minimum price impact trade execution
  • Industry-leading cold wallet strengthens security and improves the safety of funds
  • A useful risk management tool protecting retail traders against unfavorable price fluctuations
  • 100,000 TPS per contract which results in no overloads with an ultra-fast matching engine that is 10x the industry average
  • Retail clients can easily swap between supported coins within accounts, take profit and stop loss, strategy alerts, and adjust orders
Cons
  • 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
  • Bybit is not currently regulated in any country
  • Residents of some countries are restricted from opening an account, including clients from the US
Instruments
Stocks, ETFs, ADRs, OTCs, options, cryptos, forex, fractional shares Cryptos, Futures
Demo Account
Yes Yes
Minimum Deposit
$0 $0
Trading Platforms
  • Desktop App
  • Web Terminal
  • MT4
  • TradingView
Payment Methods
Minimum Trade
0.00001 (Fractional Share) 0.001 Lots
Regulator
SEC, FINRA
Margin Trading
Yes Yes
Margin Rate
5.49% - 9.49%
STP Account
No Yes
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 Yes
Robo Advisor
Yes No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No Yes
Spot Trading
Yes Yes
Mobile Apps
iOS & Android Yes (iOS & Android)
Auto Trading
Via 3rd party software
Copy Trading
No Yes
Copy Trading Platform
Use the Top Traders leaderboard to follow experienced crypto investors. Mirror positions on Bitcoin, Ethereum and more for a small charge.
Social Trading
No No
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $0
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • TRY
  • RUB
Stock Exchanges
Forex Trading
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. Forex trading not offered
GBPUSD Spread
0.4
EURUSD Spread
0.2
EURGBP Spread
0.4
Assets
15+
Cryptocurrency
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. Buy dozens of crypto tokens with one click, or choose between hundreds of tokens to trade on spot markets, with more options than many alternatives. Crypto derivative products include perpetual futures and options.
Spread
Floating Market maker, derivatives fee: 0.01%, spot fee: 0.1% Market taker: derivatives fee: 0.06%, spot fee: 0.1%
Coins
  • BTC
  • BCH
  • DOGE
  • ETC
  • ETH
  • LTC
  • SHIB
  • USDC
  • BTC
  • ETH
  • EOS
  • XRP
  • USDT
  • BCH
  • LINK
  • XTZU
  • LUNA
  • SRM
  • TRX
  • RUNE
  • THETA
  • STRM
  • YFI
  • WAVES
  • DXPX
  • ENS
  • USDC
  • ADA
  • BEL
  • BIC
  • REN
  • MKR
  • LING
  • CN98
  • CAKE
  • CAPS
  • BUSD
  • BTT
  • CBX
  • CELO
  • BTG
  • BUSD
  • KLAY
  • BNB
  • DOT
  • AGLA
  • AGLD
  • LING
  • DOME
  • FIU
  • FLOKI
  • FITFI
  • HOT
  • ALGO
  • FCD
  • APEX
  • AXS
  • BAT
  • ANKR
  • BNT
  • BOBA
  • ALGO
  • FIDA
  • FL
  • UNI
  • AAVE
  • SUSHI
  • XEM
  • APE
  • ATOM
  • AVAX
  • DOGE
  • ETC
  • FTM
  • LTC
  • MATIC
  • SAND
  • SWEAT
  • DLC
  • AXS
  • CHZ
  • OP
  • OKSE
  • ZEN
  • ZIL
  • ZRX
  • ACH
  • ACM
  • DYDX
  • ELT
  • FTT
  • HERO
  • NEXO
  • MKR
  • QMALL
  • QNT
  • REAL
  • TRIBE
  • INTER
  • FAME
  • REN
  • ENS
  • ELT
  • ELJ
  • DICE
  • DRIV
  • FLOKI
  • FLOW
  • GENE
  • GMX
  • IME
  • KRL
  • KOK
  • NFT
  • LWF
  • KMON
  • KASTA
  • ICX
  • CRAFT
  • CWAR
  • CTC
  • CULT
  • DEFY
  • DFI
  • DICE
  • DRIV
  • GSTS
  • JST
  • GODS
  • IZI
  • JASMY
  • ERTHA
  • COMP
Crypto Lending
No Yes
Crypto Mining
No Yes
Crypto Staking
No Yes
Auto Market Maker
No No
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