Webull vs Futu
Webull | Futu |
---|---|
4.4
Webull is #35 in our broker rankings. |
2.7
|
Traders from US accepted |
Traders from US not accepted
|
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. |
Futu is a NASDAQ-listed brokerage established in 2012. The fintech firm offers multi-asset trading opportunities on two proprietary platforms; Futubull and moomoo. Futu holds licenses with 20+ authorities including the ASIC, NFA and SFC. An impressive 15 million customers trade with Futu. |
Bonus Offer | |
Up to 12 free fractional shares when you deposit $100 | |
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." | "Futu is best for investing in Hong Kong, Chinese and US stock markets with transparent pricing. The broker is trustworthy with strong regulatory oversight and multiple awards." |
Pros | |
|
|
Cons | |
|
|
Awards | |
|
|
Instruments | |
Stocks, ETFs, ADRs, OTCs, options, cryptos, forex, fractional shares | Stocks, ETFs, IPOs, CBBCs, iBonds, Options, Warrants |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | $1500 |
Trading Platforms | |
|
|
Payment Methods | |
Minimum Trade | |
0.00001 (Fractional Share) | 0.01 Lots |
Regulator | |
SEC, FINRA, FCA | SFC |
Margin Trading | |
Yes | Yes |
Margin Rate | |
5.49% - 9.49% | 4.8% - 8.8% |
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 | |
Yes | No |
Negative Balance Protection | |
No | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
iOS & Android | 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 | |
|
|
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. | Crypto trading not offered |
Spread | |
Floating | |
Coins | |
|
|
Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
More Comparisons | |
Webull vs |
Futu vs |