Written by StockBrokers.com
In this head to head comparison of Interactive Brokers vs Webull, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
Interactive Brokers vs Webull: For range of investments, Interactive Brokers takes the lead with a 5-star rating and a #1 ranking out of 14 brokers by StockBrokers.com, while Webull earns 4 stars and ranks #11. Choose Interactive Brokers if you want the broadest market access and mutual funds, and consider Webull if a larger list of tradable cryptocurrencies matters most (50 coins vs 11 at Interactive Brokers). Both platforms cover the essentials many traders look for.
Both brokers offer stock trading, margin trading, fractional shares, OTC stocks, options, forex, futures, and crypto. The key difference is mutual funds: Interactive Brokers offers them, while Webull does not. For crypto, Interactive Brokers supports 11 coins, whereas Webull supports 50.
On account types and services, both Interactive Brokers and Webull offer Traditional and Roth IRAs. Neither broker provides advisor services.
| Feature |
Interactive Brokers
|
Webull
|
|---|---|---|
| Stock Trading | Yes | Yes |
| Account Feature - Margin Trading | Yes | Yes |
| Fractional Shares (Stocks) | Yes | Yes |
| OTC Stocks | Yes | Yes |
| Mutual Funds | Yes | No |
| Options Trading | Yes | Yes |
| Futures Trading | Yes | Yes |
| Crypto Trading | Yes | Yes |
| Crypto Trading - Total Coins | 11 | 50 |
| Range of Investments |
|
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Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025: A Beginner-Friendly Guide to an Advanced Market
In the realm of trading platforms and tools, Interactive Brokers stands out over Webull, primarily due to its extensive features and customization options. With a top-tier rating of 5 stars for its trading platforms and tools, Interactive Brokers ranks second among 14 brokers, according to StockBrokers.com. Webull, though solid with a 4-star rating, ranks seventh, showcasing a more limited framework geared towards newer investors or those focused on straightforward trades.
Both Interactive Brokers and Webull provide Windows and Mac desktop platforms, as well as browser-based interfaces, catering to a wide range of user preferences. They both support paper trading, the ability to adjust open orders directly on stock charts, add notes, and display historical trades and corporate events on charts. However, Interactive Brokers offers a trading journal, while Webull does not, and provides an impressive 659 fields for watch lists, compared to Webull's 35. When it comes to technical indicators and drawing tools, Interactive Brokers again leads with 155 indicators and 85 tools, as opposed to Webull's 52 indicators and 19 tools.
Chart customization reflects another significant area of divergence between the two. Interactive Brokers supports custom date ranges and features six customization fields for editing an SMA study, whereas Webull lacks custom date ranges and offers just two fields for SMA customization. Although Webull allows for the creation of custom studies, it is insufficient to overcome the depth of Interactive Brokers' charting capabilities. As a result, Interactive Brokers offers a more comprehensive package for users seeking sophisticated trading insights and personalized experiences.
| Feature |
Interactive Brokers
|
Webull
|
|---|---|---|
| Web Trading Platform | Yes | Yes |
| Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Mac) | Yes | Yes |
| Paper Trading | Yes | Yes |
| Watchlists - Total Fields | 659 | 35 |
| Charting - Indicators / Studies | 155 | 52 |
| Charting - Drawing Tools | 85 | 19 |
| Platforms & Tools |
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Dive deeper: Best Trading Platforms for 2025, Best Paper Trading Apps & Platforms for 2025
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Interactive Brokers and Webull both give beginners a strong path to learn the market. Each offers education on stocks, ETFs, options, and bonds, plus paper trading to practice without risking money. You’ll find videos, webinars, quizzes, and tools to track your learning progress on both platforms. The key difference is mutual funds: Interactive Brokers covers mutual fund education, while Webull does not.
If you want the widest coverage and top marks, Interactive Brokers stands out with a 5-star education rating and a #3 ranking out of 14 brokers from StockBrokers.com. Webull still delivers solid learning tools with a 4-star rating and a #10 ranking, making it a fine choice for traders who don’t need mutual fund lessons but want handy tutorials and practice trading.
| Feature |
Interactive Brokers
|
Webull
|
|---|---|---|
| Education (Stocks) | Yes | Yes |
| Education (ETFs) | Yes | Yes |
| Education (Options) | Yes | Yes |
| Education (Mutual Funds) | Yes | No |
| Education (Fixed Income) | Yes | Yes |
| Paper Trading | Yes | Yes |
| Videos | Yes | Yes |
| Webinars | Yes | Yes |
| Education |
|
|
Dive deeper: Best Stock Trading Platforms for Beginners of 2025
Bottom line: Interactive Brokers edges out Webull for mobile stock trading features and research tools. Both brokers deliver capable iPhone and Android apps with options trading, streaming quotes, alerts, and custom watchlists, but Interactive Brokers adds live TV, videos on demand, watchlist column customization, and a larger set of charting studies. That advantage shows up in independent ratings: Interactive Brokers earns 5 stars and ranks #2 of 14 for stock trading apps at StockBrokers.com, while Webull earns 4.5 stars and ranks #5.
Platform access and core features: both Interactive Brokers and Webull offer iPhone, Android, and Apple Watch apps. Each supports mobile options trading and streaming quotes. Interactive Brokers supports mobile after-hours trading; the provided data does not specify this for Webull. For research media, Interactive Brokers streams live TV and offers videos on demand, while Webull offers neither. Both send stock alerts and let you build custom watchlists; only Interactive Brokers lets you customize watchlist columns.
Charting and analysis: both apps include after-hours charting, landscape mode, multiple time frames, and stock-to-stock comparisons on the same chart. Interactive Brokers offers 97 technical studies versus 56 on Webull, giving more indicator choices for traders who lean on technical analysis. In short, Webull covers the essentials in a clean mobile experience, while Interactive Brokers provides more tools for active and research-focused traders.
| Feature |
Interactive Brokers
|
Webull
|
|---|---|---|
| iPhone App | Yes | Yes |
| Android App | Yes | Yes |
| Apple Watch App | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - After-Hours | Yes | Yes |
| Charting - Technical Studies | 97 | 56 |
| Mobile Trading Apps |
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Dive deeper: Best Stock Trading Apps for 2025
Interactive Brokers vs Webull: both offer $0 account minimums and $0 stock commissions, but the cost picture shifts with options, margin, and transfers. Webull charges $0 per options contract, which can appeal to frequent options traders. Interactive Brokers counters with lower margin rates (6.83% vs Webull’s 8.74% across balances up to $100,000) and $0 ACAT transfer fees while Webull charges $75 for both partial and full transfers. Both waive IRA fees and options exercise/assignment fees. In short, Webull can be cheaper for options trade tickets, while Interactive Brokers is typically cheaper for borrowing on margin and moving your account.
Trading costs: both brokers have a $0.00 minimum deposit and $0.00 commissions for regular stock trades. For options, Interactive Brokers charges $0.65 per contract, while Webull charges $0.00 per contract. Options exercise and assignment fees are $0.00 at both.
Margin and account fees: Interactive Brokers’ margin rate is 6.83% for balances below $25,000, $25,000–$49,999, and $50,000–$99,999; Webull’s is 8.74% for those same tiers. IRA annual and closure fees are $0.00 at both. For account transfers (ACAT), Interactive Brokers charges $0.00 for partial and full transfers, whereas Webull charges $75.00 for partial and full transfers. If you plan to use margin or might transfer your account, Interactive Brokers can lower your overall costs; if you trade a lot of options contracts, Webull’s $0 per-contract pricing can be compelling.
| Feature |
Interactive Brokers
|
Webull
|
|---|---|---|
| Minimum Deposit | $0.00 | $0.00 |
| Stock Trades | $0.00 | $0.00 |
| Options (Per Contract) | $0.65 | $0.00 |
| Options Exercise Fee | $0.00 | $0.00 |
| Options Assignment Fee | $0.00 | $0.00 |
| IRA Annual Fee | $0.00 | $0.00 |
| IRA Closure Fee | $0.00 | $0.00 |
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When comparing the day trading capabilities of Interactive Brokers and Webull, traders will find various advantageous features in each platform. Both brokers provide essential tools like streaming time and sales data for stocks, ladder trading, trading hotkeys for seamless trade entries, and level 2 quotes, allowing traders to stay updated with vital market data. However, Interactive Brokers takes the lead with extra features that enhance the day trading experience. For those interested in the latest market news and analysis, Interactive Brokers offers streaming live TV, a feature absent in Webull.
Interactive Brokers also shines with sophisticated functionalities such as direct market routing, which is not available with Webull, and the offering of a short locator tool to view the real-time availability of shares available to short. Furthermore, traders on Interactive Brokers can benefit from both basic and advanced strategy backtesting, as well as order liquidity rebates. These features may appeal to traders looking for a more comprehensive trading platform. Meanwhile, Webull offers a simplified approach, which might attract newer traders, but lacks some advanced tools that seasoned traders might find essential.
| Feature |
Interactive Brokers
|
Webull
|
|---|---|---|
| Streaming Time & Sales | Yes | Yes |
| Streaming TV | Yes | No |
| Direct Market Routing - Equities | Yes | No |
| Level 2 Quotes - Stocks | Yes | Yes |
| Trade Ideas - Backtesting | Yes | No |
| Trade Ideas - Backtesting Adv | Yes | No |
| Short Locator | Yes | No |
Dive deeper: Best Day Trading Platforms of 2025 for Beginners and Active Traders
Interactive Brokers vs Webull: for market research, Interactive Brokers clearly pulls ahead. IB earns 5 stars and ranks #4 of 14 at StockBrokers.com, while Webull sits at 2.5 stars and #9. Choose Interactive Brokers if you want deep, multi-asset research with analyst PDFs, portfolio allocation views, and ESG data; pick Webull if you mainly need basic stock and ETF research with social sentiment.
Coverage comparison: Both brokers offer stock and ETF research and include pink sheets/OTC. Only Interactive Brokers adds mutual fund and bond research, ESG analysis, and the ability to see your portfolio allocation by asset class. IB also supplies 17 downloadable stock research PDFs plus PDFs for ETFs and mutual funds; Webull provides no downloadable research reports.
Idea tools: Both provide a stock screener for trade ideas. Interactive Brokers goes further with ETF, mutual fund, and bond screeners, while Webull lacks those. If your investing spans funds and fixed income or you rely on analyst PDFs, screeners, and allocation tools, Interactive Brokers is the stronger fit; if you just want quick stock ideas and sentiment data, Webull covers the basics.
| Feature |
Interactive Brokers
|
Webull
|
|---|---|---|
| Research - Stocks | Yes | Yes |
| Screener - Stocks | Yes | Yes |
| Research - ETFs | Yes | Yes |
| Screener - ETFs | Yes | No |
| Research - Mutual Funds | Yes | No |
| Screener - Mutual Funds | Yes | No |
| Research - Fixed Income | Yes | No |
| Screener - Fixed Income | Yes | No |
| Research |
|
|
When it comes to banking services, both Interactive Brokers and Webull may leave traditional banking enthusiasts wanting more, as neither of them offers checking or savings accounts, nor do they provide debit or credit cards. If you're hoping to find mortgage loan options with either platform, you will be disappointed, as these are not available. One noticeable difference, however, is that Interactive Brokers offers Certificates of Deposit (CDs), which gives it an edge for users interested in secure, interest-earning options. In contrast, Webull does not offer CDs, making Interactive Brokers the preferred choice for those specifically interested in this kind of investment product.
| Feature |
Interactive Brokers
|
Webull
|
|---|---|---|
| Checking Accounts | No | No |
| Savings Accounts | No | No |
| Debit Cards | No | No |
| Credit Cards | No | No |
| Mortgage Loans | No | No |
| Brokerage CDs | Yes | No |
Dive deeper: Best Brokerage Checking Accounts for 2025
After opening live accounts and testing 14 of the best online brokers, our research and live account testing finds that Interactive Brokers is better than Webull. Interactive Brokers finished with an overall score of 96.9%, while Webull finished with a score of 81.0%.
Interactive Brokers is a go-to choice for professionals because of its institutional-grade desktop trading platform, high-quality trade executions and rock-bottom margin rates.
Interactive Brokers and Webull both offer crypto trading. Webull lists 50 cryptocurrencies compared to Interactive Brokers' 11, making it the better option for traders seeking broader coin selection.
Dive deeper: Best Online Brokers for Crypto Trading in 2025
Interactive Brokers and Webull both provide a comprehensive range of retirement account options, including traditional and Roth IRAs, without any annual or closure fees, making them both cost-effective choices for online brokerage services.
Dive deeper: Best IRA Accounts for 2025
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| Review | Interactive Brokers Review | Webull Review |
| Broker Screenshots | Interactive Brokers | Webull | |
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| Trading Fees | Interactive Brokers | Webull | |
|---|---|---|---|
| Minimum Deposit | $0.00 | $0.00 | |
| Stock Trades | $0.00 | $0.00 | |
| Penny Stock Fees (OTC) | $0.01 | N/A | |
| Mutual Fund Trade Fee | $14.95 | N/A | |
| Options (Per Contract) | $0.65 | $0.00 | |
| Futures (Per Contract) | $0.85 | $1.25 | |
| Broker Assisted Trade Fee | Varies | N/A |
| Margin Rates | Interactive Brokers | Webull | |
|---|---|---|---|
| Margin Rate Under $25,000 | 6.83% | 8.74% | |
| Margin Rate $25,000 to $49,999.99 | 6.83% | 8.74% | |
| Margin Rate $50,000 to $99,999.99 | 6.83% | 8.74% | |
| Margin Rate $100,000 to $249,999.99 | 6.83% | 8.74% | |
| Margin Rate $250,000 to $499,999.99 | 6.83% | 8.74% | |
| Margin Rate $500,000 to $999,999.99 | 6.83% | 8.74% | |
| Margin Rate Above $1,000,000 | 6.83% | 8.74% |
| Account Fees | Interactive Brokers | Webull | |
|---|---|---|---|
| IRA Annual Fee | $0.00 | $0.00 | |
| IRA Closure Fee | $0.00 | $0.00 | |
| Account Transfer Out (Partial) | $0.00 | $75.00 | |
| Account Transfer Out (Full) | $0.00 | $75.00 | |
| Options Exercise Fee | $0.00 | $0.00 | |
| Options Assignment Fee | $0.00 | $0.00 |
| Investment Options | Interactive Brokers | Webull | |
|---|---|---|---|
| Stock Trading | Yes | Yes | |
| Account Feature - Margin Trading | Yes | Yes | |
| Fractional Shares (Stocks) | Yes | Yes | |
| OTC Stocks | Yes | Yes | |
| Options Trading | Yes | Yes | |
| Complex Options Max Legs | 6 | 4 | |
| Futures Trading | Yes | Yes | |
| Forex Trading | Yes | Yes | |
| Crypto Trading | Yes | Yes | |
| Crypto Trading - Total Coins | 11 | 50 | |
| Fixed Income (Treasurys) | Yes | Yes | |
| Fixed Income (Corporate Bonds) | Yes | Yes | |
| Fixed Income (Municipal Bonds) | Yes | No | |
| Traditional IRAs | Yes | Yes | |
| Roth IRAs | Yes | Yes | |
| Advisor Services | No | No | |
| International Countries (Stocks) | 36 | 0 |
| Order Types | Interactive Brokers | Webull | |
|---|---|---|---|
| Order Type - Market | Yes | Yes | |
| Order Type - Limit | Yes | Yes | |
| Order Type - After Hours | Yes | Yes | |
| Order Type - Stop | Yes | Yes | |
| Order Type - Trailing Stop | Yes | Yes | |
| Order Type - OCO | Yes | Yes | |
| Order Type - OTO | Yes | Yes | |
| Order Type - Broker Assisted | Yes | No |
| Beginners | Interactive Brokers | Webull | |
|---|---|---|---|
| Education (Stocks) | Yes | Yes | |
| Education (ETFs) | Yes | Yes | |
| Education (Options) | Yes | Yes | |
| Education (Mutual Funds) | Yes | No | |
| Education (Fixed Income) | Yes | Yes | |
| Education (Retirement) | Yes | Yes | |
| Retirement Calculator | Yes | No | |
| Investor Dictionary | Yes | Yes | |
| Paper Trading | Yes | Yes | |
| Videos | Yes | Yes | |
| Webinars | Yes | Yes | |
| Progress Tracking | Yes | Yes | |
| Interactive Learning - Quizzes | Yes | Yes |
| Stock Trading Apps | Interactive Brokers | Webull | |
|---|---|---|---|
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Apple Watch App | Yes | Yes | |
| Trading - Stocks | Yes | Yes | |
| Trading - After-Hours | Yes | Yes | |
| Trading - Simple Options | Yes | Yes | |
| Trading - Complex Options | Yes | Yes | |
| Order Ticket RT Quotes | Yes | Yes | |
| Order Ticket SRT Quotes | Yes | Yes |
| Stock App Features | Interactive Brokers | Webull | |
|---|---|---|---|
| Mobile Research - Market Movers | Yes | Yes | |
| Stream Live TV | Yes | No | |
| Videos on Demand | Yes | No | |
| Stock Alerts | Yes | Yes | |
| Option Chains Viewable | Yes | Yes | |
| Watchlist (Real-time) | Yes | Yes | |
| Watchlist (Streaming) | Yes | Yes | |
| Mobile Watchlists - Create & Manage | Yes | Yes | |
| Mobile Watchlists - Column Customization | Yes | No |
| Stock App Charting | Interactive Brokers | Webull | |
|---|---|---|---|
| Charting - After-Hours | Yes | Yes | |
| Charting - Can Turn Horizontally | Yes | Yes | |
| Charting - Multiple Time Frames | Yes | Yes | |
| Charting - Technical Studies | 97 | 56 | |
| Charting - Study Customizations | Yes | Yes | |
| Charting - Stock Comparisons | Yes | Yes |
| Trading Platforms | Interactive Brokers | Webull | |
|---|---|---|---|
| Active Trading Platform | IBKR Desktop and Trader Workstation (TWS) | N/A | |
| Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Mac) | Yes | Yes | |
| Web Trading Platform | Yes | Yes | |
| Paper Trading | Yes | Yes | |
| Trade Journal | Yes | No | |
| Watchlists - Total Fields | 659 | 35 |
| Stock Chart Features | Interactive Brokers | Webull | |
|---|---|---|---|
| Charting - Adjust Trades on Chart | Yes | Yes | |
| Charting - Indicators / Studies | 155 | 52 | |
| Charting - Drawing Tools | 85 | 19 | |
| Charting - Notes | Yes | Yes | |
| Charting - Historical Trades | Yes | Yes | |
| Charting - Corporate Events | Yes | Yes | |
| Charting - Custom Date Range | Yes | No | |
| Charting - Custom Time Bars | Yes | No | |
| Charting - Automated Analysis | Yes | Yes | |
| Charting - Save Profiles | Yes | Yes | |
| Trade Ideas - Technical Analysis | Yes | Yes | |
| Charting - Study Customizations | 6 | 2 | |
| Charting - Custom Studies | No | Yes |
| Day Trading | Interactive Brokers | Webull | |
|---|---|---|---|
| Streaming Time & Sales | Yes | Yes | |
| Streaming TV | Yes | No | |
| Direct Market Routing - Equities | Yes | No | |
| Ladder Trading | Yes | Yes | |
| Trade Hot Keys | Yes | Yes | |
| Level 2 Quotes - Stocks | Yes | Yes | |
| Trade Ideas - Backtesting | Yes | No | |
| Trade Ideas - Backtesting Adv | Yes | No | |
| Short Locator | Yes | No | |
| Order Liquidity Rebates | Yes | No |
| Research Overview | Interactive Brokers | Webull | |
|---|---|---|---|
| Research - Stocks | Yes | Yes | |
| Research - ETFs | Yes | Yes | |
| Research - Mutual Funds | Yes | No | |
| Research - Pink Sheets / OTCBB | Yes | Yes | |
| Research - Fixed Income | Yes | No | |
| Screener - Stocks | Yes | Yes | |
| Screener - ETFs | Yes | No | |
| Screener - Mutual Funds | Yes | No | |
| Screener - Fixed Income | Yes | No | |
| Portfolio Asset Allocation | Yes | No |
| Stock Research | Interactive Brokers | Webull | |
|---|---|---|---|
| Stock Research - PDF Reports | 17 | 0 | |
| Stock Research - Earnings | Yes | Yes | |
| Stock Research - Insiders | Yes | Yes | |
| Stock Research - Social | Yes | Yes | |
| Stock Research - News | Yes | Yes | |
| Stock Research - ESG | Yes | No | |
| Stock Research - SEC Filings | Yes | Yes |
| ETF Research | Interactive Brokers | Webull | |
|---|---|---|---|
| ETFs - Investment Objective | Yes | Yes | |
| ETF Fund Facts - Inception Date | Yes | Yes | |
| ETF Fund Facts - Expense Ratio | Yes | Yes | |
| ETF Fund Facts - Total Assets | Yes | Yes | |
| ETF Fund Facts - Total Holdings | Yes | Yes | |
| ETFs - Top 10 Holdings | Yes | Yes | |
| ETFs - Sector Exposure | Yes | Yes | |
| ETFs - Risk Analysis | Yes | No | |
| ETFs - Ratings | Yes | Yes | |
| ETFs - Morningstar StyleMap | Yes | No | |
| ETFs - PDF Reports | Yes | No |
| Mutual Fund Research | Interactive Brokers | Webull | |
|---|---|---|---|
| Mutual Funds - Investment Objective | Yes | No | |
| Mutual Funds - Performance Chart | Yes | No | |
| Mutual Funds - Performance Analysis | Yes | No | |
| Mutual Funds - Prospectus | Yes | No | |
| Mutual Funds - 3rd Party Ratings | Yes | No | |
| Mutual Funds - Fees Breakdown | Yes | No | |
| Mutual Funds - Top 10 Holdings | Yes | Yes | |
| Mutual Funds - Asset Allocation | Yes | No | |
| Mutual Funds - Sector Allocation | Yes | No | |
| Mutual Funds - Country Allocation | Yes | No | |
| Mutual Funds - StyleMap | Yes | No |
| Options Trading | Interactive Brokers | Webull | |
|---|---|---|---|
| Option Chains - Total Greeks | 5 | 5 | |
| Option Analysis - P&L Charts | Yes | Yes |
| Banking | Interactive Brokers | Webull | |
|---|---|---|---|
| Bank (Member FDIC) | No | No | |
| Checking Accounts | No | No | |
| Savings Accounts | No | No | |
| Credit Cards | No | No | |
| Debit Cards | No | No | |
| Mortgage Loans | No | No |
| Customer Service | Interactive Brokers | Webull | |
|---|---|---|---|
| Phone Support (Prospective Customers) | Yes | Yes | |
| Phone Support (Current Customers) | Yes | Yes | |
| Email Support | Yes | Yes | |
| Live Chat (Prospective Customers) | No | No | |
| Live Chat (Current Customers) | Yes | No | |
| 24/7 Support | Yes | No |
| Overall | Interactive Brokers | Webull | |
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| Review | Interactive Brokers Review | Webull Review |
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