Webull vs FreshForex

Webull vs FreshForex Comparison Table 2023
Webull Review 2023 FreshForex Review 2023
4.4

Webull is #6 in our broker rankings.

2.5
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 with a strong trust rating. Low fees, no minimum investment and generous bonuses have made the discount broker popular with online investors.

FreshForex is an established forex and CFD broker offering 270+ assets on the MT4 and MT5 platforms. This offshore broker promises rapid NDD execution and average withdrawal times of 10 minutes. There are also several account types, high leverage, and algo trading tools to suit different trading experience levels and strategies.

Bonus Offer
Up to 12 free fractional shares when you deposit $100 $2020 no deposit bonus
Comment by Reviewer
"Webull is best for traders looking to buy and sell stocks on a user-friendly app with zero commissions." "FreshForex is a good choice for algorithmic traders looking for extensive expert advisor resources or crypto traders looking for a wide variety of digital assets."
Pros
  • Respected brand with strong regulatory oversight
  • Easy-to-use investment platform and mobile app
  • No minimum deposit for beginners
  • No commission or inactivity fees
  • Smart Advisor for auto investing
  • Promotions with free stocks
  • Brokerage account plus IRA
  • Fractional shares
  • Competitive range of account types, including ECN, Cent and Swap-Free, plus a flexible demo account for beginners
  • Wide selection of free and fast payment methods, including e-wallets, cryptocurrencies and local banks
  • A choice between MT4 and MT5, plus Huckster EA shop and VPS server access for algorithmic traders
  • Good additional trading tools on offer, including forex, CFD and stocks heatmaps
  • A range of attractive bonuses including deposit bonuses and cashback deals
Cons
  • Day trading is limited for customers with less than $25,000 deposited
  • High deposit and withdrawal wire fees for non-US residents
  • Sometimes sudden changes in trading conditions
  • Offshore and unregulated broker
  • Limited range of instruments compared to alternatives
  • US, UK, China and other countries not supported
  • Some poor user reviews
Instruments
Stocks, ETFs, options, cryptos, forex, ADRs, fractional shares, OTCs Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$0 $10
Trading Platforms
  • Own
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
SEC, FINRA FSA
Margin Trading
Yes No
Margin Rate
5.49% to 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 No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android Yes
Auto Trading
Yes
Copy Trading
No No
Social Trading
No Yes
Trade Signals
Yes
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 Yes
Account Currencies
  • USD
  • RUB
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Trade CFDs across key asset classes with high leverage up to 1:2000, more than almost every other broker we have evaluated. You can also analyze the broker's 120+ assets using the useful CFD heatmap tool.
Leverage
1:4 1:2000
FTSE Spread
90
GBPUSD Spread
3
Oil Spread
NA 12
Stocks Spread
$0 Variable
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. FreshForex offers over 40 currency pairs with spreads from 2 pips for EUR/USD, which is not the most competitive vs other brands which typically offer spreads below 1 pip.
GBPUSD Spread
0.4 3
EURUSD Spread
0.2 2
EURGBP Spread
0.4 3
Assets
15+ 40+
Cryptocurrency
Webull offers trading on popular cryptos like Bitcoin against the US Dollar. With 35+ tokens and premium analysis tools, traders can review market trends and identify opportunities in a few taps. An impressive selection of over 70 crypto-fiat pairs with a competitive 0.05% commission. You can also access the market 24/7 whilst on-the-go using the broker's mobile apps.
Spread
Floating Variable
Coins
  • BTC
  • BCH
  • BAT
  • ETH
  • LTC
  • DOGE
  • XLM
  • EOS
  • TRX
  • XMR
  • ZEC
  • ETC
  • ADADASH
  • SHIB
  • AVAX
  • LUNA
  • LINK
  • UNI
  • ALGO
  • MATIC
  • SISHI
  • REM
  • ATOM
  • MANA
  • FTM
  • GRT
  • SOL
  • CRV
  • LRC
  • XTZ
  • USDC
  • AAVE
  • ONE
  • CRO
  • YFI
  • APE
  • BNT
  • COMP
  • ENJ
  • MKR
  • AMP
  • FIL
  • ICP
  • BTC
  • BCH
  • ETH
  • XRP
  • LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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