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Webull vs SynergyFX

Webull vs SynergyFX Comparison Table 2023
Webull SynergyFX
Review
4.4

Webull is #7 in our broker rankings.

Review
Not Yet Rated
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
See available CFD brokers

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.

SynergyFX is an Australian broker offering ECN accounts & the MetaTrader platforms.

Bonus Offer
Up to 12 free fractional shares when you deposit $100 Spin & Win Draw
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."
Pros
  • Respected broker regulated by the SEC and FINRA
  • Easy-to-use investment platform and mobile app
  • No minimum deposit for beginners
  • Zero commissions or inactivity fees
  • Smart Advisor for auto investing
  • Promotions with free stocks
  • Brokerage account plus IRA
  • Fractional shares available
Cons
  • High deposit and withdrawal wire fees for non-US residents
  • Sometimes sudden changes in trading conditions
  • Narrow range of payment methods
  • No MetaTrader 4 access
Awards
  • Best Forex Broker 2018 - International Business Summit Malaysia
  • Australian Best Forex Broker 2015 - Global Financial Market Review
  • Best Currency Management Fund 2015 - GFMR
Instruments
Stocks, ETFs, ADRs, OTCs, options, cryptos, forex, fractional shares Forex, CFDs, indices, shares, commodities
Demo Account
Yes Yes
Minimum Deposit
$0 $50
Trading Platforms
  • Desktop App
  • Web Terminal
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.00001 (Fractional Share) 0.01 Lots
Regulator
SEC, FINRA ASIC, VFSC
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 Yes
Auto Trading
Yes
Copy Trading
No No
Social Trading
No 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
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Trade across several financial markets with up to 1:400 leverage.
Leverage
1:4 1:500
FTSE Spread
1.4
GBPUSD Spread
1.5
Oil Spread
NA 0.030
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. Trade forex with competitive spreads.
GBPUSD Spread
0.4 1.5
EURUSD Spread
0.2 0.8
EURGBP Spread
0.4 1.3
Assets
15+ 40+
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
  • BTC
  • BCH
  • DOGE
  • ETC
  • ETH
  • LTC
  • SHIB
  • USDC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Review
Review
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