Webull vs WealthSimple
Webull is a good free trading app for more experienced investors. How does it compare to WealthSimple? Read our comparison chart below.
Webull offers commission-free stock and ETF trading using their mobile app. There is no minimum deposit required.
While WealthSimple offers auto-investing with support from real advisors, including a free portfolio review of all your finances. However, fees are higher at 0.5% for accounts $100k and less (and 0.4% for accounts over $100k). It also stands out by offering socially responsible and Halal investment options. There is no minimum to open an account.
Compare Webull with WealthSimple, side-by-side.
 |  | |
| Visit Site | Learn More | |
Webull | WealthSimple | |
|---|---|---|
Up to $100 Transfer Fee Reimbursement - | Wealthsimple Cash Account - | |
Benefits and Features | ||
| Stock Trading | ||
| Options Trading | ||
| Annual Fee | 0.5% for accounts up to $100k; 0.4% for accounts over $100k | |
| Cryptocurrency Trading | ||
| Minimum Deposit | ||
| Mutual Fund Trading | ||
| Commission Free ETFs | ||
| Phone Support | Yes - M-Th 9a-8p ET; Fri 9a-5:30p ET | |
| Live Chat Support | ||
| Email Support | Yes (customerservices@webull.us) | |
| Human Advisors | ||
| Robo Advisor |  | |
| Assets Under Management | ||
| Penny Stocks | ||
| Tax Loss Harvesting | Available for accounts over $100,000 | |
| 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 | ||
| Mobile App | ||
| Desktop App | ||
| Two-Factor Authentication | ||
| Forex Trading | ||
| Futures Trading | ||
| 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 | | |
| Pros & Cons | Pros:
| |
| Bottom Line | Good free trading app for more experienced investors... | |
| 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. | ||
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.
Free 1-Month Access to Level 2 Quotes (Nasdaq TotalView)
New customers get a 1-month free subscription to Level 2 Quotes after completing registration.
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Webull or Robinhood.
Articles on Webull
Webull Review
Is Webull Safe
Which Do You Think is Best?
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