Webull vs Gemini

Webull vs Gemini Comparison Table 2024
Webull	Gemini
Review 4.4	Review 3.8

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.	Gemini is a cryptocurrency exchange set up in 2014 by the Winklevoss brothers, known for their early involvement in Facebook. The exchange is among the world’s 20 largest and most popular. Gemini clients can trade and stake 110+ cryptocurrencies, with derivatives trading available in some jurisdictions, an advanced proprietary platform and additional features including an NFT marketplace.
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."	"Gemini’s ActiveTrader platform and TradingView integration make it a good choice for serious crypto traders seeking a reliable charting environment, though we were disappointed by some unnecessary fees and previous security breaches."
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 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	The trading app features a user-friendly, modern design and intuitive interface, with an excellent range of charting tools for day traders The TradingView integration delivers top-quality tools, including backtesting and algo trading capabilities The exchange ensures high security standards with 2FA a requirement for all crypto investors Crypto perpetual futures are available in many jurisdictions with up to 1:100 leverage There is a decent range of educational guides and tutorials suitable for beginners
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	The exchange has a history of concerning incidents including the collapse of its Earn program and a phishing breach The 'convenience fee' for using the mobile app seems arbitrary and makes it inefficient to use this feature There are high fees for some funding methods including a 3.49% fee for card transactions Some larger coins by market cap are not available to buy through Gemini There is no practice profile or demo account for prospective traders
Awards
	Best Cryptocurrency Exchange 2019 - Markets Choice Awards Best Crypto Exchange Overall 2022 - The Ascent
Instruments
Forex, Stocks, ETFs, Cryptos, Options	Cryptos
Demo Account
Yes	No
Minimum Deposit
$0	$0
Trading Platforms
Desktop App Web Terminal	ActiveTrader AlgoTrader TradingView
Payment Methods
ACH Transfer Automated Customer Account Transfer Service Wire Transfer	ACH Transfer Bitcoin Payments Credit Card Etana Ethereum Payments Mastercard PayPal Silvergate Bank Transfer Visa Wire Transfer
Minimum Trade
0.00001 (Fractional Share)	0.00001 BTC
Regulator
SEC, FINRA, FCA	NYDFS, MAS, FCA
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	No
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
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
USD	USD EUR GBP CAD AUD HKD SGD
Stock Exchanges
Dow Jones Hong Kong Stock Exchange Nasdaq New York Stock Exchange
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.	Gemini offers a relatively small range of 110+ cryptocurrencies on its exchange, which is anchored by the native Gemini Dollar stablecoin, as well as perpetual swap derivatives. The powerful ActiveTrader platform is optimized for online trading, delivering a wide range of technical indicators and up to 7 time frames.
Spread
Floating	Transaction fee from $0.99
Coins
BTC BCH DOGE ETC ETH LTC SHIB USDC	BTC ETH XRP ADA DOGE DOT BCH LTC UNI LINK FIL XLM WBTC EOS SOL AAV XTZ ATOM MKR DAI COMP ZEC ENJ GRT SNX BAT MANA YFI UMA ZRX OMG BNT REN CRV 1INCH LRC KNC STORJ GNT SKL SAND BAL NMR KEEP OXT LOOM PAXG BRD CSP TBTC WNXM FXC AMP WTON LUNA
Crypto Lending
No	Yes
Crypto Mining
No	No
Crypto Staking
No	Yes
Auto Market Maker
No	No

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