Webull Review 2026
Established in 2017
•
United States
• SEC Regulated
Webull is a well-established broker with a solid 4.2/5 rating. Regulated by SEC (highest protection tier), this broker offers spreads from 0.0 pips on EUR/USD with a minimum deposit of $0. Trade 7000+ instruments including forex, CFDs, and more.
📊 Webull Overview
Webull (Webull Financial LLC) is a well-established broker founded in 2017 headquartered in New York, United States. The broker operates under the supervision of SEC , one of the world's most respected financial regulators known for strict oversight and investor protection .
With access to 7000+ tradable instruments , 40 cryptocurrencies , 6500 stocks , Webull caters to diverse trading strategies.
| Legal Name | Webull Financial LLC |
|---|---|
| Founded | 2017 |
| Headquarters |
|
| Primary Regulation | SEC (Tier 1 - Highest Protection) |
| Instruments | 7000+ assets |
| Min Deposit | $0 |
| Max Leverage | 1:4 |
📖 Webull — In-Depth Introduction
Since launching in 2017, Webull has established itself as a competitive option for forex traders. Webull's SEC authorization subjects the broker to rigorous compliance requirements, regular audits, and strict capital adequacy rules—providing peace of mind for safety-conscious traders. With a $100 minimum deposit requirement, Webull removes barriers to entry for new traders.
Company Background
Webull (legally Webull Financial LLC) has been operating in the financial services industry for 9 years. Headquartered in New York, United States, the broker continues to build its reputation in the competitive online trading space.
The broker provides access to 7000+ tradable instruments.
💸 Webull Fees — Complete Cost Analysis
Trading costs at Webull are reasonable, with 1.0 pip spreads on EUR/USD representing fair value in the current market. Webull operates on a spread-only model with no commission charges on standard accounts. This simplifies cost calculation—what you see in the spread is what you pay. Consider this cost analysis: with 1.0 pip spreads, each standard lot trade on EUR/USD costs $10 in spread. An average retail trader making 50 trades monthly would spend approximately $500 on spreads.
Trading Costs Breakdown
💡 Cost Calculator: Webull
Non-Trading Fees
| Fee Type | Webull | Industry Average |
|---|---|---|
| Deposit Fee | Free | Free - $25 |
| Withdrawal Fee | Varies by method | $0 - $50 |
| Inactivity Fee | None | $10-50/month |
Want to compare fees with other brokers?
⚖️ Compare🛡️ Is Webull Safe? — Complete Security Analysis
Safety and fund security are paramount when choosing a broker, and Webull excels in this area with a Trust Score of 85/100. This rating reflects strong regulatory compliance, robust fund protection measures, and a clean operational history. Client funds at Webull are held in segregated accounts at top-tier banks, completely separate from the company's operational funds. This means even in the unlikely event of broker insolvency, your money remains protected and inaccessible to creditors.
Regulatory Framework
Webull is regulated by SEC.
Security Features Checklist
Understanding the Trust Score
Our 85/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.
📋 Methodology👤 Who Should Use Webull?
✅ Best For
- Beginners will appreciate Webull's low $100 minimum deposit, free demo account, and educational resources. The learning curve is manageable, making it suitable for those just starting their trading journey.
- Professional traders will appreciate Webull's institutional-grade features: tight spreads, advanced platforms, API access, and high leverage options (where permitted).
❌ May Not Suit
- Those seeking the absolute lowest trading costs.
Looking for alternatives?
📝 The Bottom Line on Webull
Webull is a solid choice for most traders looking for reliability with a 4.2/5 rating.
📈 Webull Detailed Scores
Our expert team evaluates brokers across 8 key categories. Here's how Webull performed in our rigorous testing:
Webull offers a solid trading experience with competitive conditions.
💰 Webull Fees & Spreads
Understanding trading costs is crucial for profitability. Webull uses a Zero spread model with no commission on standard accounts.
📊 Typical Spreads
| Pair | Min | Average |
|---|---|---|
| EUR/USD | N/A | N/A pips |
| GBP/USD | 0.8 | 1.2 pips |
| USD/JPY | 0.6 | 1.0 pips |
| XAU/USD | 15 | 25 cents |
💳 Other Fees
| Commission (ECN) | No commission |
| Deposit Fee | Free |
| Withdrawal Fee | Free (method dependent) |
| Inactivity Fee | None |
| Swap-Free (Islamic) | Not available |
💡 Trading Cost Example
Trading 1 standard lot (100,000 units) of EUR/USD with Webull:
- Spread Cost: 1.0 pips × $10/pip = $10.0
- Commission: $0
- Total Cost: $10.0 per lot
🛡️ Webull Regulation & Safety
Webull is regulated by SEC, a Tier 1 - Highest Protection regulatory authority. This means the broker must adhere to the strictest financial regulations, including capital requirements, regular audits, and mandatory investor protection schemes.
📜 Regulatory Licenses
- SEC
- FINRA
🔒 Safety Features
- ✓ Segregated Client Funds
- ✓ Negative Balance Protection
- ✗ Investor Compensation
- — Publicly Traded
🎯 Trust Score: 85/100
High Trust: Webull has demonstrated excellent regulatory compliance and safety standards.
🖥️ Webull Trading Platforms
Webull offers 3 trading platforms, giving traders flexibility in how they access the markets.
MetaTrader 4
The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.
- ✓ Expert Advisors (EAs)
- ✓ Custom Indicators
- ✓ One-Click Trading
- ✓ Mobile & Desktop
MetaTrader 5
Advanced multi-asset platform with more timeframes, order types, and improved backtesting.
- ✓ 21 Timeframes
- ✓ Depth of Market
- ✓ Economic Calendar
- ✓ Multi-Asset Support
Webull Platform
Webull's custom-built trading platform designed specifically for their clients.
- ✓ Custom Features
- ✓ Integrated Tools
📋 Platform Comparison
| Feature | MT4 | MT5 | cTrader | Webull Platform |
|---|---|---|---|---|
| Available | ✓ | ✓ | ✗ | ✓ |
| Copy Trading | ✗ | ✗ | ✗ | ✗ |
| Algo Trading | ✓ | ✓ | ✗ | ✗ |
| VPS Available | Not offered | |||
| API Access | Not available | |||
🌐 Webull Tradable Instruments
Webull offers access to 7000+ tradable instruments across multiple asset classes. , 40 cryptocurrencies , and 6500 global stocks.
👤 Webull Account Types
Webull offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice.
Practice with virtual funds
Not available
Not available
Not available
Not available
💳 Webull Deposits & Withdrawals
Webull requires a minimum deposit of $0 — one of the most accessible in the industry.
📥 Deposit Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets (Skrill, Neteller)
📤 Withdrawal Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets
⚖️ Webull Pros & Cons
✅ Pros
- Top-tier SEC regulation ensures high safety standards
- Offers both MetaTrader 4 and MetaTrader 5 platforms
- Free demo account available for practice
- Negative balance protection for retail traders
❌ Cons
- No copy trading feature
- Limited educational resources for advanced traders
📚 Webull Education & Research
Webull's educational offerings are limited compared to some competitors.
Limited
Not available
Basic coverage
Available on trading platforms
🎧 Webull Customer Support
Webull offers customer support to assist traders with their queries.
⭐ Webull User Reviews
📝 User reviews will be displayed here. Share your experience with Webull!
Write a Review🏆 Webull — Our Verdict
Webull is a solid choice for most traders. With SEC regulation, 0.0 pips EUR/USD spreads, and a $0 minimum deposit, this broker is particularly accessible for beginners .
Best for: Safety-focused traders , Beginners with limited capital
⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
❓ Webull — Frequently Asked Questions
Is Webull a safe and regulated broker?
Yes, Webull is regulated by SEC, which is a Tier 1 - Highest Protection regulatory authority. The broker also holds licenses from 1 additional regulators. Client funds are kept in segregated accounts with negative balance protection.
What is the minimum deposit at Webull?
The minimum deposit at Webull is $0. This means you can start with any amount. This is considered low and accessible for beginners.
What trading platforms does Webull offer?
Webull offers the following trading platforms:
- MetaTrader 4 (MT4) — The most popular forex trading platform
- MetaTrader 5 (MT5) — Advanced multi-asset platform
- Webull Platform — Custom-built trading solution
What are Webull's spreads on EUR/USD?
Webull offers EUR/USD spreads . The broker uses Zero spreads.
How long do withdrawals take at Webull?
Withdrawal processing times at Webull depend on the payment method:
- E-wallets: 0-24 hours
- Credit/Debit Cards: 2-5 business days
- Bank Transfers: 3-7 business days
Does Webull offer a demo account?
Yes, Webull offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.
What is Webull's maximum leverage?
Webull offers maximum leverage of 1:4. However, note that leverage limits vary by region due to regulatory requirements:
- EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
- Professional traders: Higher leverage may be available upon qualification
- Other jurisdictions: Leverage up to 1:4 may be available
Higher leverage increases both potential profits and potential losses.
Can I use Webull in ?
Webull accepts traders from . The broker operates under SEC regulation. Always verify current availability and applicable regulations on the broker's website.
Does Webull offer Islamic (swap-free) accounts?
Webull does not currently advertise Islamic accounts. If you require swap-free trading, we recommend contacting them directly or considering an alternative broker.
What instruments can I trade with Webull?
Webull offers access to 7000+ tradable instruments:
- 40 Cryptocurrencies
- 6500 Stock CFDs