E*TRADE vs Webull Comparison
Comparing brokers side by side is no easy task. For our 2022 annual broker review, we spent hundreds of hours assessing 15 brokerages to find the best online broker. Let's compare E*TRADE vs Webull.
Is E*TRADE or Webull better for beginners?
E*TRADE offers more comprehensive new investor education for beginner investors than Webull. E*TRADE offers investors access to Paper Trading, Videos, Education (Stocks), Education (ETFs), Education (Options), Education (Mutual Funds), Education (Bonds) and Education (Retirement), while Webull offers investors access to Paper Trading.
What about E*TRADE vs Webull pricing?
E*TRADE and Webull charge the same amount for regular stock trades, $0.00. Option contracts are pricier at E*TRADE, costing $0.65 per contract versus $0.00 per contract at Webull. For a complete commissions summary, see our best brokers for free stock trading guide.
Does E*TRADE or Webull offer a wider range of investment options?
E*TRADE offers investors access to Stock Trading, Options Trading, OTCBB / Pink Sheets, Mutual Funds, Futures Trading and Advisor Services, while Webull offers investors access to Stock Trading, Fractional Shares and Options Trading, neither have Forex Trading. Looking at Mutual Funds, Webull trails E*TRADE in its offering of no transaction fee (NTF) mutual funds, with E*TRADE offering 4377 and Webull offering 0.
Which trading platform is better: E*TRADE or Webull?
To compare the trading platforms of E*TRADE and Webull, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, E*TRADE offers a better experience. With research, E*TRADE offers superior market research. Finally, we found E*TRADE to provide better mobile trading apps.
Does either broker offer banking?
Online banking can be a benefit for investors, and some brokerages do provide banking services to customers. Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are offered by E*TRADE while Webull offers neither of these.
Is E*TRADE good?
Founded in 1982 as one of the first online brokerages in the United States, E*TRADE highlights include $0 trades, two excellent mobile apps and the Power E*TRADE platform, which is great for beginners, active trading and options trading.
Is Webull good?
Webull offers a unique community experience and easy-to-use trading platforms that will satisfy most young investors. However, for everyday investing, Webull lacks the trading tools and features to compete with industry leaders — who, like Webull, also offer $0 stock and ETF trades.
E*TRADE vs Webull Winner
Overall winner: E*TRADE
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