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Interactive Brokers vs Webull 2025

StockBrokers.com

Written by StockBrokers.com

July 03, 2025

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
5/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.65
Webull
4/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.00

Range of investments

When choosing between Interactive Brokers and Webull, the range of available investment options is a key consideration. Interactive Brokers stands out with a five-star rating for its variety of offerings, earning the top spot among 14 brokers according to StockBrokers.com. This is largely due to its comprehensive selection, including stocks, margin trading, fractional shares, OTC stocks, mutual funds, options, forex, futures, and cryptocurrency trading with 11 coins. In contrast, Webull, while still robust with stocks, margin and fractional share trading, OTC stocks, options, and futures, lacks mutual fund and cryptocurrency options, offering it a four-star rating and an 11th place ranking among peers. Both platforms offer traditional and Roth IRA accounts, catering to diverse retirement planning needs without providing advisor services.

With both platforms offering stock trading, users seeking a more traditional investment route will find both suitable for their needs. However, Interactive Brokers offers a wider range of assets, such as mutual funds and forex, which enhances its appeal to investors looking for greater diversification. On the other hand, Webull provides a user-friendly platform that is particularly appealing to newcomers looking to start their financial journey.

Ultimately, the choice between Interactive Brokers and Webull may come down to specific investment goals and the desired breadth of investment products. For those who prioritize a comprehensive range of investments, particularly those interested in trading currencies and mutual funds, Interactive Brokers presents a more complete package. Meanwhile, Webull serves as an accessible entry point for new investors, despite having fewer investment options. Both platforms share strengths like robust stock and options trading, appealing to different investor preferences.

Feature Interactive Brokers logoInteractive Brokers
Webull logoWebull
Stock Trading info Yes Yes
Account Feature - Margin Trading info Yes Yes
Fractional Shares (Stocks) info Yes Yes
OTC Stocks info Yes Yes
Mutual Funds info Yes No
Options Trading info Yes Yes
Futures Trading info Yes Yes
Crypto Trading info Yes info No
Crypto Trading - Total Coins info 11 info 0
Range of Investments 5/5 Stars 4/5 Stars

Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025: A Beginner-Friendly Guide to an Advanced Market

Trading platforms and tools

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 logoInteractive Brokers
Webull logoWebull
Web Trading Platform info Yes Yes
Desktop Trading Platform info Yes Yes
Desktop Platform (Mac) info Yes Yes
Paper Trading info Yes Yes
Watch Lists - Total Fields info 659 35
Charting - Indicators / Studies info 155 52
Charting - Drawing Tools info 85 19
Platforms & Tools 5/5 Stars 4/5 Stars

Dive deeper: Best Online Brokers & Trading Platforms for 2025, Best Paper Trading Apps & Platforms for 2025

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Beginners and education

Interactive Brokers and Webull both offer a range of educational resources for beginners and more experienced investors alike. Both platforms provide stock, ETF, and options education, along with instructional videos, webinars, and educational quizzes to enhance users' knowledge. Importantly, both platforms support paper trading, allowing users to practice strategies without financial risk. However, Interactive Brokers extends its educational offerings further with resources on mutual funds and bonds, areas not covered by Webull. Both platforms also feature tools for tracking learning progress, helping users monitor their educational journey and development.

In terms of overall education quality, Interactive Brokers receives high praise with a five-star rating, while Webull trails slightly with a four-star rating. According to StockBrokers.com, Interactive Brokers ranks third out of 14 brokers for its educational services, demonstrating its strong commitment to investor education. Meanwhile, Webull is ranked tenth, reflecting a solid offering but with room for growth compared to its competitor. When choosing an online broker, aspiring investors may want to consider Interactive Brokers for its more comprehensive educational tools, especially those interested in mutual funds and bonds education. However, Webull remains a valuable option for those focused on a simpler range of investment education topics.

Feature Interactive Brokers logoInteractive Brokers
Webull logoWebull
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info Yes No
Education (Fixed Income) info Yes No
Paper Trading info Yes Yes
Videos info Yes Yes
Webinars info Yes Yes
Education 5/5 Stars 4/5 Stars

Dive deeper: Best Stock Trading Platforms for Beginners of 2025

Stock trading apps

When it comes to stock trading app capabilities, Interactive Brokers edges out Webull in several areas. Interactive Brokers is highly rated, scoring 5 out of 5 stars, and ranks second among 14 brokers according to StockBrokers.com. In contrast, Webull holds a 4.5-star rating and ranks fifth. Both platforms offer mobile apps for iPhone, Android, and Apple Watch, but Interactive Brokers provides added features like streaming live TV and videos on demand, giving it a slight advantage for those seeking comprehensive market insights through mobile platforms.

Interactive Brokers and Webull both enable users to trade after-hours and offer functionalities such as stock alerts, custom watch lists, and after-hours charting. However, only Interactive Brokers allows users to customize watch list columns, providing an extra layer of personalization for traders. Additionally, for those who focus on technical analysis, Interactive Brokers offers a more extensive selection with 97 technical studies compared to Webull's 56.

Webull does provide some unique advantages, particularly with its ability to display stock comparisons on charts, which Interactive Brokers lacks. Both platforms support viewing charts in landscape mode and various time frames, ensuring a versatile trading experience. Ultimately, while both applications have their strengths, Interactive Brokers stands out for its breadth of features, making it a preferred choice for many traders seeking an all-encompassing mobile trading experience.

Feature Interactive Brokers logoInteractive Brokers
Webull logoWebull
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes Yes
Stock Alerts info Yes Yes
Charting - After-Hours info Yes Yes
Charting - Technical Studies info 97 56
Mobile Trading Apps 5/5 Stars 4.5/5 Stars

Dive deeper: Best Stock Trading Apps for 2025

Fees

When comparing Interactive Brokers and Webull, both platforms offer distinct advantages depending on your trading needs. Both brokers require no minimum deposit, offer commission-free stock trading, and impose no fees for IRA accounts or their closure. However, Interactive Brokers stands out with its lower margin rates for balances under $100,000 and has no charges for partial or full account transfers, unlike Webull which charges $75 for these transfers. On the other hand, Webull offers free trading for options contracts, while Interactive Brokers charges $0.65 per contract.

Interactive Brokers emerges as a favorable choice for traders interested in margin trading due to its competitive rates across all levels. It is particularly cost-effective for those with higher balances, as its rates remain steady at 7.33% for balances below $100,000, whereas Webull's rates fluctuate and are generally higher. Additionally, Interactive Brokers charges no fees for account transfers, making it more attractive for customers who may consider moving their portfolios in the future. Moreover, Interactive Brokers and Webull both excel in terms of no charges for options exercise and assignment fees, posing a clear benefit for options traders.

Webull, on the other hand, provides significant advantages for options traders by offering free options trading, a notable perk compared to Interactive Brokers' $0.65 fee per contract. Despite its higher margin rates compared to Interactive Brokers, Webull’s fee-free structure for options trading makes it a compelling choice for those primarily focused on this type of trading. Ultimately, your choice between Interactive Brokers and Webull will depend on your specific trading strategies and which fee structure aligns best with your financial goals.

Feature Interactive Brokers logoInteractive Brokers
Webull logoWebull
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Options (Per Contract) info $0.65 $0.00
Options Exercise Fee info $0.00 $0.00
Options Assignment Fee info $0.00 $0.00
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $0.00 $0.00

Dive deeper: Best Free Trading Platforms for 2025

Day Trading

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 logoInteractive Brokers
Webull logoWebull
Streaming Time & Sales info Yes Yes
Streaming TV info Yes No
Direct Market Routing - Equities info Yes No
Level 2 Quotes - Stocks info Yes Yes
Trade Ideas - Backtesting info Yes No
Trade Ideas - Backtesting Adv info Yes No
Short Locator info Yes No

Dive deeper: Best Day Trading Platforms for 2025

Market Research

When evaluating the market research capabilities of Interactive Brokers and Webull, it's clear that Interactive Brokers leads the way in providing comprehensive resources for different types of investments. Whether you're looking for detailed reports on stocks, ETFs, or even mutual funds, Interactive Brokers offers a broader range of tools compared to Webull. Interactive Brokers is rated with 5 stars for market research and is positioned at #4 among 14 brokers, while Webull holds a rating of 2.5 stars, ranking #9. This summary highlights Interactive Brokers' all-encompassing offerings and earns it the edge in market research capabilities.

Interactive Brokers provides users with research options for stocks, ETFs, mutual funds, and bonds, which allows investors to carefully analyze a wide variety of asset classes. Webull also offers research on stocks and ETFs but falls short when it comes to mutual funds and bonds, missing key resources that might be critical to some investors. Interactive Brokers excels with 15 downloadable PDF reports for stocks and even offers reports for ETFs and mutual funds, a feature not available with Webull. Additionally, they both utilize social media sentiment data for stock research, enhancing their functionality for tech-savvy traders.

Features like a visual representation of portfolio allocation by asset class are available at Interactive Brokers, further assisting an investor’s decision-making process. Both platforms provide stock screeners for trade ideas, but while Interactive Brokers extends its screening capabilities to ETFs and bonds, Webull does not cover these areas. Moreover, Interactive Brokers includes ESG research as part of its offerings, appealing to those interested in sustainable investing, whereas Webull does not, positioning Interactive Brokers as the superior choice in market research offerings.

Feature Interactive Brokers logoInteractive Brokers
Webull logoWebull
Research - Stocks info Yes Yes
Screener - Stocks info Yes Yes
Research - ETFs info Yes Yes
Screener - ETFs info Yes No
Research - Mutual Funds info Yes No
Screener - Mutual Funds info Yes No
Research - Fixed Income info Yes No
Screener - Fixed Income info Yes No
Research 5/5 Stars 2.5/5 Stars

Banking

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 logoInteractive Brokers
Webull logoWebull
Checking Accounts info No No
Savings Accounts info No No
Debit Cards info No No
Credit Cards info No No
Mortgage Loans info No No
Brokerage CDs info Yes No

Dive deeper: Best Brokerage Checking Accounts for 2025

Winner

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.

FAQs

Can you trade cryptocurrency with Interactive Brokers or Webull?

Interactive Brokers provides crypto trading with access to 11 different coins, while Webull currently does not offer any crypto trading options.

Dive deeper: Best Online Brokers for Crypto Trading in 2025

Does Interactive Brokers or Webull offer IRAs?

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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Compare

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Overall Rating Interactive Brokers Webull
Overall 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 4/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Mobile Trading Apps 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 2.5/5 Stars
Customer Service 4/5 Stars 3/5 Stars
Education 5/5 Stars 4/5 Stars
Ease of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review Interactive Brokers Review Webull Review
Broker Screenshots Interactive Brokers Webull
Broker Gallery (click to expand)
Trading Fees Interactive Brokers Webull
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Penny Stock Fees (OTC) info $0.01 N/A
Mutual Fund Trade Fee info $14.95 info N/A
Options (Per Contract) info $0.65 $0.00
Futures (Per Contract) info $0.85 $1.25 info
Broker Assisted Trade Fee info Varies N/A
Margin Rates Interactive Brokers Webull
Margin Rate Under $25,000 info 7.33% info 9.24%
Margin Rate $25,000 to $49,999.99 info 7.33% info 8.74%
Margin Rate $50,000 to $99,999.99 info 7.33% info 8.24%
Margin Rate $100,000 to $249,999.99 info 7.33% info 7.74%
Margin Rate $250,000 to $499,999.99 info 7.33% info 7.74%
Margin Rate $500,000 to $999,999.99 info 7.33% info 6.74%
Margin Rate Above $1,000,000 info 7.33% info 6.24% info
Account Fees Interactive Brokers Webull
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $0.00 $0.00
Account Transfer Out (Partial) info $0.00 $75.00
Account Transfer Out (Full) info $0.00 $75.00
Options Exercise Fee info $0.00 $0.00
Options Assignment Fee info $0.00 $0.00
Investment Options Interactive Brokers Webull
Stock Trading info Yes Yes
Account Feature - Margin Trading info Yes Yes
Fractional Shares (Stocks) info Yes Yes
OTC Stocks info Yes Yes
Options Trading info Yes Yes
Complex Options Max Legs info 6 4
Futures Trading info Yes Yes
Forex Trading info Yes No
Crypto Trading info Yes info No
Crypto Trading - Total Coins info 11 info 0
Fixed Income (Treasurys) info Yes No
Fixed Income (Corporate Bonds) info Yes No
Fixed Income (Municipal Bonds) info Yes No
Traditional IRAs info Yes Yes
Roth IRAs info Yes Yes
Advisor Services info No No
International Countries (Stocks) info 34 0
Order Types Interactive Brokers Webull
Order Type - Market info Yes Yes
Order Type - Limit info Yes Yes
Order Type - After Hours info Yes Yes
Order Type - Stop info Yes Yes
Order Type - Trailing Stop info Yes Yes
Order Type - OCO info Yes Yes
Order Type - OTO info Yes Yes
Order Type - Broker Assisted info Yes No
Beginners Interactive Brokers Webull
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info Yes No
Education (Fixed Income) info Yes No
Education (Retirement) info Yes No
Retirement Calculator info Yes No
Investor Dictionary info Yes Yes
Paper Trading info Yes Yes
Videos info Yes Yes
Webinars info Yes Yes
Progress Tracking info Yes Yes
Interactive Learning - Quizzes info Yes Yes
Stock Trading Apps Interactive Brokers Webull
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes Yes
Trading - Stocks info Yes Yes
Trading - After-Hours info Yes Yes
Trading - Simple Options info Yes Yes
Trading - Complex Options info Yes Yes
Order Ticket RT Quotes info Yes Yes
Order Ticket SRT Quotes info Yes Yes
Stock App Features Interactive Brokers Webull
Market Movers (Top Gainers) info Yes Yes
Stream Live TV info Yes No
Videos on Demand info Yes No
Stock Alerts info Yes Yes
Option Chains Viewable info Yes Yes
Watch List (Real-time) info Yes Yes
Watch List (Streaming) info Yes Yes
Watch Lists - Create & Manage info Yes Yes
Watch Lists - Column Customization info Yes No
Stock App Charting Interactive Brokers Webull
Charting - After-Hours info Yes Yes
Charting - Can Turn Horizontally info Yes Yes
Charting - Multiple Time Frames info Yes Yes
Charting - Technical Studies info 97 56
Charting - Study Customizations info Yes Yes
Charting - Stock Comparisons info No Yes
Trading Platforms Interactive Brokers Webull
Active Trading Platform info Trader Workstation (TWS) N/A
Desktop Trading Platform info Yes Yes
Desktop Platform (Mac) info Yes Yes
Web Trading Platform info Yes Yes
Paper Trading info Yes Yes
Trade Journal info Yes No
Watch Lists - Total Fields info 659 35
Stock Chart Features Interactive Brokers Webull
Charting - Adjust Trades on Chart info Yes Yes
Charting - Indicators / Studies info 155 52
Charting - Drawing Tools info 85 19
Charting - Notes info Yes Yes
Charting - Historical Trades info Yes Yes
Charting - Corporate Events info Yes Yes
Charting - Custom Date Range info Yes No
Charting - Custom Time Bars info Yes No
Charting - Automated Analysis info Yes Yes
Charting - Save Profiles info Yes Yes
Trade Ideas - Technical Analysis info Yes No
Charting - Study Customizations info 6 2
Charting - Custom Studies info No Yes
Day Trading Interactive Brokers Webull
Streaming Time & Sales info Yes Yes
Streaming TV info Yes No
Direct Market Routing - Equities info Yes No
Ladder Trading info Yes Yes
Trade Hot Keys info Yes Yes
Level 2 Quotes - Stocks info Yes Yes
Trade Ideas - Backtesting info Yes No
Trade Ideas - Backtesting Adv info Yes No
Short Locator info Yes No
Order Liquidity Rebates info Yes No
Research Overview Interactive Brokers Webull
Research - Stocks info Yes Yes
Research - ETFs info Yes Yes
Research - Mutual Funds info Yes No
Research - Pink Sheets / OTCBB info Yes Yes
Research - Fixed Income info Yes No
Screener - Stocks info Yes Yes
Screener - ETFs info Yes No
Screener - Mutual Funds info Yes No
Screener - Fixed Income info Yes No
Portfolio Asset Allocation info Yes No
Stock Research Interactive Brokers Webull
Stock Research - PDF Reports info 15 info 0
Stock Research - Earnings info Yes Yes
Stock Research - Insiders info Yes Yes
Stock Research - Social info Yes Yes
Stock Research - News info Yes Yes
Stock Research - ESG info Yes No
Stock Research - SEC Filings info Yes Yes
ETF Research Interactive Brokers Webull
ETFs - Investment Objective info Yes Yes
ETF Fund Facts - Inception Date info Yes Yes
ETF Fund Facts - Expense Ratio info Yes Yes
ETF Fund Facts - Total Assets info Yes Yes
ETF Fund Facts - Total Holdings info Yes Yes
ETFs - Top 10 Holdings info Yes Yes
ETFs - Sector Exposure info Yes Yes
ETFs - Risk Analysis info Yes No
ETFs - Ratings info Yes Yes
ETFs - Morningstar StyleMap info Yes No
ETFs - PDF Reports info Yes No
Mutual Fund Research Interactive Brokers Webull
Mutual Funds - Investment Objective info Yes No
Mutual Funds - Performance Chart info Yes No
Mutual Funds - Performance Analysis info Yes No
Mutual Funds - Prospectus info Yes No
Mutual Funds - 3rd Party Ratings info Yes No
Mutual Funds - Fees Breakdown info Yes No
Mutual Funds - Top 10 Holdings info Yes Yes
Mutual Funds - Asset Allocation info Yes No
Mutual Funds - Sector Allocation info Yes No
Mutual Funds - Country Allocation info Yes No
Mutual Funds - StyleMap info Yes No
Options Trading Interactive Brokers Webull
Option Chains - Total Greeks info 5 5
Option Analysis - P&L Charts info Yes Yes
Banking Interactive Brokers Webull
Bank (Member FDIC) info No No
Checking Accounts info No No
Savings Accounts info No No
Credit Cards info No No
Debit Cards info No No
Mortgage Loans info No No
Customer Service Interactive Brokers Webull
Phone Support (Prospect Customers) info Yes Yes
Phone Support (Current Customers) info Yes Yes
Email Support info Yes Yes
Live Chat (Prospect Customers) info No No
Live Chat (Current Customers) info Yes No
24/7 Support info No No
Overall Interactive Brokers Webull
Overall 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 4/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Mobile Trading Apps 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 2.5/5 Stars
Education 5/5 Stars 4/5 Stars
Ease of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review Interactive Brokers Review Webull Review
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