Webull vs Mitrade

Webull vs Mitrade Comparison Table 2023
Webull	Mitrade
Review 4.4 Webull is #5 in our broker rankings.	Review Not Yet Rated
Traders from US accepted	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.	Mitrade is a regulated Australian brokerage firm with a range of CFDs and forex pairs, providing leveraged trading to retail and professional clients.
Bonus Offer
Six free stocks	$50 welcome bonus
Comment by Reviewer
"Webull is best for traders looking to buy and sell stocks on a user-friendly app with zero commissions."
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
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
Instruments
Stocks, ETFs, options, cryptos, forex, ADRs, fractional shares, OTCs	Stocks, CFD, Forex, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$0	$0
Payment Methods
ACH Transfer Automated Customer Account Transfer Service Wire Transfer	Credit Card Debit Card Mastercard POLi Skrill Visa Wire Transfer
Minimum Trade
$5	0.01 lots
Regulator
SEC, FINRA	ASIC
Margin Trading
Yes	No
MetaTrader 4
No	No
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
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
Yes	iOS & Android
Copy Trading
No	No
Social Trading
No	No
Trade Signals
	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 AUD
Stock Exchanges
Dow Jones Nasdaq	Australian Securities Exchange Deutsche Boerse Euronext Hong Kong Stock Exchange Japan Exchange Group New York Stock Exchange
CFD Trading
CFD trading not offered	Mitrade offers a wide range of CFDs, encompassing cryptocurrencies, foreign exchange, commodities, shares and equity indices.
Leverage
	1:30 Retail, 1:250 Professional
FTSE Spread
	3
GBPUSD Spread
	1.5
Oil Spread
	0.05
Stocks Spread
	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.	A wide range of major, minor and exotic currency pairs are available with leverage through Mitrade's proprietary web-based trading platform.
GBPUSD Spread
Variable	1.5
EURUSD Spread
Variable	1
EURGBP Spread
Variable	1.2
Assets
17	60
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.	Mitrade offers CFD trading in four major cryptocurrencies against the US dollar.
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 LTC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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