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WeBull Review: The Best Platform For Professional Traders

WeBull a mobile app-based brokerage that allows users to trades stocks, ETFs and options commission-free. WeBull offers tons of great features to help you become a professional trader.

By John SmithPublished 4 years ago 4 min read
Short summary of WeBull

What is WeBull?

Webull is a stock trading mobile app that offers a commission-free trading platform. They offer intuitive stock charts with plenty of technical indicators and tools for customizing your charts. They are SIPC insured and are regulated by the SEC and FINRA.

At A Glance:

  • Free commissions on stock, ETF and option trades
  • Free stock screener
  • No account or software fees
  • No account minimum
  • Offers margin without a subscription
  • Allows short selling
  • Allows pre-market and after hour trading (4AM-8PM)
  • Fully-functional mobile app and desktop platform
  • Excellent research center
  • Professional customer support
  • Margin Trading with leverage of up to 4:1

Join WeBull And Earn Two Free Stocks Worth Up To $2000

Is WeBull Safe?

Webull has SIPC insurance, which provides coverage of up to $500,000 for each account. This insurance protects clients from the loss of cash and securities held at a brokerage firm. The company is also registered with FINRA, and has a clean BrokerCheck record.

These two protections are standard in the brokerage industry, and protect the vast majority of clients from any loss due to the firm itself.

Who Should Use WeBull?

WeBull is designed for intermediate and experienced self-directed investors. It has a whole host of features for people who want to really understand the market and make strategic trades. However, this doesn't mean beginning trader shouldn't use the platform.

WeBull is very easy to use and if your a budding trader trying to gain experience. The zero commissions and advanced platform give new traders a way to play small ball and learn how to trade actively. While you might not understand all the features, you can slowly learn and make use of them as you gain experience.

Summary of Features

WeBull has far too many features to cover so I'm going to discuss a few core features that I believe make WeBull the best brokerage service out there.

Commission-Free Trading. The best thing about WeBull is that it's completely free. No matter what you're trading or what feature you use WeBull doesn't take any commissions or charge any fees. Unlike other commission-free platforms, WeBull has no "premium" or "gold" accounts that require you to pay.

Products Available to Trade. WeBull allows users to trade a variety of different assets. Currently it allows user to make the following investments:

  • Stocks
  • ETFs
  • Options
  • Short-selling

WeBull also plans on expanding into cryptocurrencies in the near future.

Pre-Market and After Hours Trading. All stock exchanges are open between a fixed time and normally traders can only buy and sell within that time frame. For example, the New York Stock Exchange (NYSE) is open from 9:30 AM - 4:00 PM. Most brokerage platforms will not allow trades outside these hours but Webull allows trades anytime between 4:00 AM and 8:00 PM EST. This is a great feature that most other platforms would charge you to use.

Beginner Education. The WeBull mobile app, website and YouTube channel has dozens of articles and videos to help you learn more about investing. This training consists of lessons covering the stock market in general, the Webull platform and how to get the most out of it, and trading strategies to help you be a better investor.

Research Offerings. WeBull has the best research tools of any commission-free trading platform. Their web and desktop platforms feature the following:

  • Advanced Charts
  • Technic Indicators (Bollinger Bands, MACD, RSI oscillators, exponential moving averages etc.)
  • Earnings Analysis
  • Stock Screener
  • Quotes Playback
  • Security Comparison
  • IPO Data
  • GTC/ Stop Loss and Take Profit /OCO Orders
Screenshot of Platform on Desktop

These features are available on mobile and desktop computers.

Stock Screener. WeBull is the only commission-free platform that offers a stock screener. While limited in comparison to paid platforms, the stock screener has some pretty sophisticated preset technical filters that screen for specific technical setups.

Bullish Engulfing Setups

Paper Trading. Ever wish you could practice trading without risking your money? That's exactly what you can do with WeBull's paper trading function. WeBull even holds daily and weekly competitions with monetary prizes to encourage new traders to practice.

Leverage. When you sign-up for WeBull you can chose to open a "margin account" which allows you to trade with borrowed money. A margin account is free to open and maintain but you must pay margin fees on borrowed cash. This is standard for all brokerage services.

WeBull vs. Robinhood

While there are numerous commission-free trading platforms the biggest competitor to WeBull is defiantly Robinhood. Normally, I would compare the pros and cons of each platform but I just feel like WeBull is the better of the two.

WeBull offers way more features than Robinhood and all of them are available for free. While some features like leverage and after hours trading they are only available for premium members who must pay monthly fees. Other features like paper trading and short-selling are not available to anyone.

Moreover, the research offering available on WeBull is unmatched. You can learn a lot more about the companies you want to invest in and become a more professional trader.

WeBull Sign-up Bonus

By now I'm hoping that I have convinced you WeBull is the best brokerage service out there. But in case you need a little more incentive, I'm providing you with a promotional link for WeBull.

Through this promotion you'll be awarded 1 share when you sign-up and an additional share when you deposit at least $100. Each of these shares can be valued up to $1000 and be from blue chip companies like Google, Alibaba and J.P. Morgan. It's a great way to start building your portfolio.

Join WeBull Now And Get Up To $2000 In Stocks!!!

investing

About the Creator

John Smith

I write articles about websites that will help you make money.

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