Webull vs Trade Pro Futures

Webull vs Trade Pro Futures Comparison Table 2024
Webull Trade Pro Futures
4.4

Webull is #35 in our broker rankings.

2.8

Trade Pro Futures is #35 in our broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US 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.

Trade Pro Futures is an NFA-regulated forex and futures brokerage. Aimed towards high net-worth investors, the brand offers a large catalog of powerful trading platforms and tools, including MetaTrader 4. The broker also provides demo walkthroughs, transparent pricing and reliable customer support.

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." "Trade Pro Futures will appeal to high-volume traders looking for low-cost forex and futures trading with low to zero commissions. However, the $2500 minimum deposit means the broker is best for experienced traders."
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
  • Good regulatory credentials with authorization from the NFA
  • One of the largest suites of trading platforms and tools including Multicharts, CQG, MT4 and R-Trader
  • Access to seven futures and options exchanges including CME, CBOT, NYMEX and ICE for trade opportunities
  • Transparent pricing structure with exchange fee and NFA charges listed by instrument
  • Responsive customer support and platform assistance via live chat, telephone and email
  • Demo walkthroughs available by request for all trading platforms and investment tools
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
  • High minimum deposit of $2500 for a forex account and $5000 for a futures account
  • Narrow choice of payment methods with bank transfer and cheque only
  • Third-party fees apply for access to some software
  • Instruments are restricted to forex and futures
Instruments
Stocks, ETFs, ADRs, OTCs, options, cryptos, forex, fractional shares Forex, futures
Demo Account
Yes Yes
Minimum Deposit
$0 $2500
Trading Platforms
  • Desktop App
  • Web Terminal
  • MT4
Payment Methods
Minimum Trade
0.00001 (Fractional Share) 0.01 Lots
Regulator
SEC, FINRA, FCA NFA
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 No
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 No
Account Currencies
  • USD
Stock Exchanges
Commodities
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. Trade Pro Futures offers 50+ major, minor and exotic currency pairs on MT4, TradingView or Collective 2. Leverage up to 1:100 is available on forex futures.
GBPUSD Spread
0.4 Floating
EURUSD Spread
0.2 Floating
EURGBP Spread
0.4 Floating
Assets
15+ 25+
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
  • 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
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