Tier 1 - Highest Protection

Webull Review 2026

4.2/5 (50 reviews)

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.

✍️ Written By: BrokerMat Research Team
✓ Fact-Checked: February 2026
📊 Data Points: 950+ analyzed
📋 Methodology: How We Rate Brokers

📊 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.

Webull Company Information
Legal Name Webull Financial LLC
Founded 2017
Headquarters New York, United States
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

EUR/USD Spread 1.0 pips
Cost per Standard Lot $10.0
Commission $0
Total Cost per Lot $10.0

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

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🛡️ 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

Tier-1 Regulation (Highest Standard)

Webull is regulated by SEC.

Security Features Checklist

Segregated Client Funds
Negative Balance Protection
Investor Compensation Scheme

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.

📝 The Bottom Line on Webull

4.2/5

Webull is a solid choice for most traders looking for reliability with a 4.2/5 rating.

🚀 Open Account Your capital is at risk. CFDs are complex instruments.

📈 Webull Detailed Scores

Our expert team evaluates brokers across 8 key categories. Here's how Webull performed in our rigorous testing:

🛡️ Regulation & Safety
0.0/5
💰 Fees & Costs
0.0/5
🖥️ Platforms & Tools
0.0/5
🎧 Customer Support
0.0/5
📚 Education
0.0/5
📊 Research & Analysis
0.0/5
Overall Score
4.2/5
Good

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

PairMinAverage
EUR/USD N/A N/A pips
GBP/USD0.81.2 pips
USD/JPY0.61.0 pips
XAU/USD1525 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
Available
📊

MetaTrader 5

Advanced multi-asset platform with more timeframes, order types, and improved backtesting.

  • ✓ 21 Timeframes
  • ✓ Depth of Market
  • ✓ Economic Calendar
  • ✓ Multi-Asset Support
Available
🌐

Webull Platform

Webull's custom-built trading platform designed specifically for their clients.

  • ✓ Custom Features
  • ✓ Integrated Tools
Available

📋 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.

💱 50+ Forex Pairs
40+ Crypto
📈 6500+ Stocks
📊 15+ Indices
🛢️ 10+ Commodities

👤 Webull Account Types

Webull offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice.

💳 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.

📖
Trading Guides

Limited

🎥
Video Tutorials & Webinars

Not available

📊
Market Analysis

Basic coverage

📅
Economic Calendar

Available on trading platforms

🎧 Webull Customer Support

Webull offers customer support to assist traders with their queries.

💬
Live Chat Available on website
🕐
Hours 24/5 (Mon-Fri)

⭐ Webull User Reviews

4.2/5 Based on 50 reviews
5 ★
65%
4 ★
20%
3 ★
10%
2 ★
3%
1 ★
2%

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🏆 Webull — Our Verdict

4.2/5 Good

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

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