Webull vs OANDA
Webull is a good free trading app for more experienced investors. How does it compare to OANDA? Read our comparison chart below.
| |  |  |
| | Visit Site | Visit Site |
| SPECIAL OFFER
Up to $100 Transfer Fee Reimbursement - Learn MoreRead Webull Review | SPECIAL OFFER
Earn Cash Rebates of up to $17 per Million - Learn MoreRead OANDA Review |
|---|
| | Benefits and Features |
|---|
| Stock Trading | $0 | No |
|---|
| Options Trading | $0 | No |
|---|
| Annual Fee | None | |
|---|
| Cryptocurrency Trading | Yes (Webull Pay App) | |
|---|
| Minimum Deposit | $0 | $0 |
|---|
| Mutual Fund Trading | No | No |
|---|
| Commission Free ETFs | Over 3,300 ETFs | Not available |
|---|
| Phone Support | 24/7 | |
|---|
| Live Chat Support | None | Yes |
|---|
| Email Support | Yes (customerservices@webull.us) | |
|---|
| Human Advisors | No | |
|---|
| Robo Advisor | Yes | |
|---|
| Assets Under Management | $15.7 Million | |
|---|
| Penny Stocks | Yes | Not available |
|---|
| Tax Loss Harvesting | No | |
|---|
| Goal Tracker | No | |
|---|
| Automatic Deposits | Yes | |
|---|
| Broker Assisted Trades | Not available | Not available |
|---|
| Good For | Experienced investors; Active traders | |
|---|
| Inactivity Fee | $0 | $10/month |
|---|
| Maintenance Fee | $0 | None |
|---|
| Online Platform | Yes | Yes |
|---|
| iPhone App | Yes (4.7 stars, 296.2k ratings) | |
|---|
| Android App | Yes (4.3 stars, 188K ratings) | |
|---|
| Banking | No | No |
|---|
| Mobile App | Yes | Yes |
|---|
| Desktop App | Yes | Yes (fxTrade) |
|---|
| Two-Factor Authentication | Mobile Only | |
|---|
| Forex Trading | No | Yes |
|---|
| Futures Trading | No | No |
|---|
| Bond Trading | No | No |
|---|
| CFD Trading | No | Yes (CFD trading is not permitted in the US) |
|---|
| Currency Trading | No | Yes |
|---|
| Customer Service | 24/7 via phone and email | Local number +1 212 858 7690;
Toll-free number 1 877 OANDA FX (1 877 626 3239)
Sunday 4PM ET to Friday 6PM ET |
|---|
| Locations | Online only | Online only |
|---|
| Online Community | Yes | Yes |
|---|
| Seminars | Yes | Yes |
|---|
| Trading Platform | Desktop, Web Trading, Mobile Apps | OANDA Web, OANDA Mobile, TradingVIew, MetaTrader4 |
|---|
| Virtual Trading | Yes. Free paper trading account with unlimited fake money | Yes |
|---|
| Fractional Shares | Yes | |
|---|
| Taxable Accounts | Yes | |
|---|
| 401k Plans | No | |
|---|
| IRA Accounts | Yes | |
|---|
| Roth IRA Accounts | Yes | |
|---|
| SEP IRA Accounts | No | |
|---|
| Trust Accounts | No | |
|---|
| 529 Plans | No | |
|---|
| | CreditDonkey® Reviews |
|---|
| | | |
|---|
| Stock Trading |   | |
|---|
| Options Trading |  | |
|---|
| Mobile App | | |
|---|
| Commissions and Fees | | |
|---|
| Ease of Use | | |
|---|
| Research | | |
|---|
| Spread | | |
|---|
| Customer Service | | |
|---|
| Education | | |
|---|
| Forex Trading | | |
|---|
| Trading Platform | | |
|---|
| Trustworthy | | |
|---|
| Pros & Cons | Pros:- No trade fees
- Advanced research tools
- Extended trading hours
- Offers fractional shares
Cons: | Pros:- $0 minimum
- Exceptional customer service
- User-friendly platform
Cons:- Only 1:50 leverage
- Slow withdrawal processing
- Incomprehensive educational videos
|
|---|
| Bottom Line | Good free trading app for more experienced investors... Read full review | Regulated forex broker with no minimum deposit... Read full review |
|---|
| | Visit Site | Visit Site |
|---|
| | |
|---|
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. OANDA: Information sourced from the published website as of 04/22/2024. OANDA: OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
OANDA CORPORATION IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS
Trading in digital assets, including cryptocurrencies, is especially risky and is only for individuals with a high risk tolerance and the financial ability to sustain losses. OANDA Corporation is not party to any transactions in digital assets and does not custody digital assets on your behalf. All digital asset transactions occur on the Paxos Trust Company exchange. Any positions in digital assets are custodied solely with Paxos and held in an account in your name outside of OANDA Corporation. Digital assets held with Paxos are not protected by SIPC. Paxos is not an NFA member and is not subject to the NFA's regulatory oversight and examinations.
Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. You may lose more than you invest. Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks. |
Transfer fees of up to $100 will be reimbursed when you make an initial transfer of $2,000 or more.
Expires 12/31/2024
New customers get a 1-month free subscription to Level 2 Quotes after completing registration.
Which is Better: Webull or OANDA?
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: OANDA's ease of use is worth mentioning.
Articles on Webull
Webull offers $0 trades for stocks, ETFs, and options. But it's not perfect. Find out if Webull fits your investing needs.
Webull is one of the most popular apps for investing. But is it safe? Keep reading to see how it protects your money.
Articles on OANDA
OANDA is one of the leading forex and CFD trading providers. But what does it offer? Read on to discover how OANDA elevates your trading journey.
OANDA is one of the world's top forex brokers. But does it have competitive spreads? Read on to find out.
Trading is no fun if you can't withdraw your earnings. So how do you withdraw funds at OANDA? Read on to find out.
OANDA is a suitable forex broker for traders of all levels. Wondering if it has a minimum deposit requirement? Read on to find out.
OANDA is one of the world's most reputable forex brokers. But how long does it take to get your account approved? Read on to find out.
OANDA and FOREX.com are both highly regulated and trusted forex brokers. But one of them is a better option. Which one?
