Webull Review
Commission-free trading with pro-grade charts and fractional shares from $1. Independent Webull review: 4.4/5 for brokerage.
By Michael Hewitt, Founder & Editor-in-Chief. Rates last checked September 29, 2026.
Our verdict
Mobile-first active traders get $0 commissions on stocks, ETFs and options at Webull, with no per-contract fees, free Level 2 Nasdaq TotalView quotes and 60+ technical indicators. Mutual funds are available only in IRAs, though, and fundamental research is limited compared to Fidelity or Schwab, which is why it isn't rated higher.
Skip it if you want mutual funds in a taxable account, or rely on in-depth fundamental research.
About Webull
Commission-free trading with pro-grade charts and fractional shares from $1. Webull is offered by Webull Financial LLC. Our editorial rating is 4.4 out of 5.
Best for: Mobile-first active traders.
Editorial grade: A- (composite score 87/100).
Highlights
- $0 commissions on stocks, ETFs, and options (no per-contract fees)
- Free Level 2 Nasdaq TotalView quotes for all users
- $20 cash bonus for a first prediction market trade of $20 or more
What we like
- Advanced charting and 60+ technical indicators free on mobile + desktop
- 24-hour weekday trading on select stocks & ETFs
- Paper trading simulator and crypto trading built in
- Taxable, Traditional IRA, Roth IRA, and Rollover IRA accounts
Where it falls short
- Mutual funds are available only in Webull IRAs
- Limited fundamental research compared to Fidelity/Schwab
Fees, minimums, and rates
Monthly fee: $0 trades. Minimum to open: $0. New-customer bonus: $20 cash (first $20+ prediction market trade). Rates and fees last checked on September 29, 2026.
How we reviewed it
This is a desk review: we have not opened an account with Webull Financial LLC. It is built from Webull Financial LLC's published rates, fee schedule and terms and from the public complaint record, and compared with the other products in the Brokerage shortlist. Our brokerage and robo-advisor reviews weight costs and fees (25%), platform and tools (20%), asset selection (15%), account types (10%), education and research (10%), customer support (10%), and trust and safety (10%). The rubric is the same for every brand.
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Read our full editorial methodology for how we review products.