Webull vs E-Trade
| Webull Review 2023 | E-Trade Review 2023 |
|---|---|
4.4
Webull is #7 in our broker rankings. |
3.3
E-Trade is #38 in our broker rankings. |
 Traders from US accepted |
Traders from US accepted |
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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. |
E-trade is a one-stop shop that provides both investment and trading opportunities to clients through four proprietary platforms and apps. The firm has decades of experience and is authorized by the SEC. Investors can benefit from ready-made portfolios or open a do-it-yourself account to choose from stocks, funds, ETFs, futures and bonds; traders can access margin trading on stocks, options and futures. |
| Bonus Offer | |
| Up to 12 free fractional shares when you deposit $100 | Commission Free Trades |
| 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." | "E-trade provides great service to anyone who wants to grow their wealth both through long-term investments and shorter-term trading, thanks to a diverse and flexible range of products. " |
| Pros | |
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| Cons | |
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| Instruments | |
| Stocks, ETFs, ADRs, OTCs, options, cryptos, forex, fractional shares | Stocks, Futures, E-minis, Options |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $500 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.00001 (Fractional Share) | $10 |
| Regulator | |
| SEC, FINRA | SEC |
| Margin Trading | |
| Yes | No |
| 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 | Yes |
| Robo Advisor | |
| Yes | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | No |
| Mobile Apps | |
| iOS & Android | iOS, Android and Windows |
| 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 | Yes |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| No | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| Forex Trading | |
| 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. | 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. With premium analysis tools, traders can review market trends and identify opportunities in a few taps. | Crypto trading not offered |
| Spread | |
| 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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Webull vs |
E-Trade vs |