Webull vs E*TRADE
Webull is a good free trading app for more experienced investors. How does it compare to E*TRADE? Read our comparison chart below.
Webull is a self-directed investment platform offering commission-free trading of stocks, ETFs, and options. It has a $0 minimum deposit and offers full extended hours trading. It also has a paper trading feature which lets you trade with unlimited virtual money.
While E*TRADE offers stock trades at $0 per trade. There is a $500 minimum deposit, no maintenance fee and no inactivity fee.
Compare Webull with E*TRADE, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Visit Site | Learn More | |
Webull | E*TRADE | |
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20 Free Fractional Shares - | Learn more about E*TRADE - | |
Benefits and Features | ||
Stock Trading | ||
Options Trading |
| |
Annual Fee | ||
Cryptocurrency Trading | ||
Minimum Deposit | $0 for self-directed brokerage accounts; Managed portfolios start at $500 minimum | |
Mutual Fund Trading | $0 for no-load, no-transaction-fee funds; $19.99 for transaction-fee funds | |
Commission Free ETFs | ||
Phone Support | ||
Live Chat Support | ||
Email Support | Yes (customerservices@webull.us) | |
Human Advisors | ||
Robo Advisor | ||
Assets Under Management | ||
Penny Stocks | ||
Tax Loss Harvesting | ||
Goal Tracker | ||
Automatic Deposits | ||
Broker Assisted Trades | ||
Good For | Experienced investors; Active traders | |
Inactivity Fee | ||
Maintenance Fee | ||
Online Platform | ||
iPhone App | Yes (4.7 stars, 296.2k ratings) | |
Android App | ||
Banking | Checking account offers no minimum balance requirements, free online bill pay, and unlimited debit card and check transactions. | |
Mobile App | ||
Desktop App | E*TRADE Pro (requires you to execute at least 30 trades during a calendar quarter or maintain brokerage account balance of at least $250,000) | |
Two-Factor Authentication | ||
Forex Trading | ||
Futures Trading | $1.50 per contract, per side + fees (excluding bitcoin futures) | |
Bond Trading | ||
CFD Trading | ||
Currency Trading | ||
Customer Service | ||
Locations | ||
Online Community | ||
Seminars | ||
Trading Platform | Desktop, Web Trading, Mobile Apps | |
Virtual Trading | Yes. Free paper trading account with unlimited fake money | |
Fractional Shares | ||
Taxable Accounts | ||
401k Plans | ||
IRA Accounts | ||
Roth IRA Accounts | ||
SEP IRA Accounts | ||
Trust Accounts | ||
529 Plans | ||
CreditDonkey® Reviews | ||
Stock Trading | ||
Options Trading | ||
Mobile App | ||
Commissions and Fees | ||
Ease of Use | ||
Research | ||
Banking | ||
Online Community | ||
Trading Platform | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | Good free trading app for more experienced investors... | Online broker with one of the best user interfaces... |
Visit Site | Learn More | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. E*TRADE: Pricing information from published website as of 11/09/2024. |
20 Free Fractional Shares
Open a new Webull individual brokerage account. Make a single initial deposit of $500 - $1,999.99 during the promotional period to get 20 fractional shares, each valued between $3 - $3,000. Maintain a balance of $500 - $1,999.99 in the account for 30 days or more. Terms and conditions apply.
40 Free Fractional Shares
Open a new Webull individual brokerage account. Make a single initial deposit of $2,000 or more during the promotional period to get 40 fractional shares, each valued between $3 - $3,000. Maintain a balance of at least $2,000 in the account for 30 days or more. Terms and conditions apply.
Up to $100 Transfer Fee Reimbursement
Transfer fees of up to $100 will be reimbursed when you make an initial transfer of $2,000 or more.
Which is Better: Webull or E*TRADE?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Webull or Robinhood.
In short: Webull's commissions and fees is impressive. E*TRADE's ease of use is outstanding.