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Webull vs Robinhood 2020

Is Robinhood better than Webull? After testing 15 of the best online brokers over five months, Webull (73.21%) is better than Robinhood (62.62%). 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 also offer $0 stock and ETF trades.

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Overall Rating

Feature Webull Robinhood
Overall 3.5 3
Commissions & Fees 4.5 4.5
Offering of Investments 2 2
Platforms & Tools 3 2
Mobile Trading 4 4
Research 2.5 2
Education 2 3
Ease of Use 4 5
Banking 0 0.5
Webull Review Robinhood Review
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Trading Fees

Feature Webull Robinhood
Minimum Deposit $0.00 $0.00
Stock Trade Fee (per trade) $0.00 $0.00
ETF Trade Fee $0.00 $0.00
Options Base Fee $0.00 $0.00
Options Per Contract Fee $0.00 $0.00
Mutual Fund Trade Fee N/A N/A
Broker Assisted Trades Fee N/A N/A

Margin Rates

Feature Webull Robinhood
Under $24,999.99 6.99% 5.00%
$25,000.00 to $49,999.99 6.49% 5.00%
$50,000.00 to $99,999.99 6.49% 5.00%
$100,000.00 to $249,999.99 5.99% 5.00%
$250,000.00 to $499,999.99 5.49% 5.00%
$500,000.00 to $999,999.99 4.99% 5.00%
Above $1,000,000.00 4.99% 5.00%

Account Fees

Feature Webull Robinhood
IRA Annual Fee N/A $0.00
IRA Closure Fee N/A $0.00
Returned ACH Fee $30.00 $9.00
Returned Wire Fee $30.00 $9.00
Stock Certificate Processing Fee N/A N/A
Stock Certificate Delivery Fee N/A N/A
Paper Statement Fee $5.00 $5.00
Paper Confirmation Fee $2.00 $2.00
Domestic Wire Fee $8.00 $25.00
International Wire Fee $12.50 $50.00

Investment Options

Feature Webull Robinhood
Stock Trading
Yes Yes
Fractional Shares
No Yes
OTCBB / Pink Sheets
No No
Options Trading
Yes Yes
Complex Options Max Legs
4 4
Futures Trading
No No
Forex Trading
No No
Crypto Trading Yes Yes
Mutual Funds (No Load)
0 0
Mutual Funds (Total)
0 0
Bonds (US Treasury)
No No
Bonds (Corporate)
No No
Bonds (Municipal)
No No
Advisor Services
No No
International Trading
No No

Order Types

Feature Webull Robinhood
Order Type - Market
Yes Yes
Order Type - Limit
Yes Yes
Order Type - Stop
Yes Yes
Order Type - Trailing Stop
Yes Yes
Order Type - Contingent
No No
Order Type - MultiContingent
No No
Order Type - OCO
No No
Order Type - OTO
No No
Order Type - OTOCO
No No

Trading Platforms

Feature Webull Robinhood
Desktop Platform (Windows)
No No
Desktop Platform (Mac)
No No
Web Platform
Yes Yes
Paper Trading
Yes No
Trade Journal
No No
Watch Lists - Total Fields
35 7
Heat Mapping
No No
AI Assistant Bot
No No

Charting Features

Feature Webull Robinhood
Charting - Trade Off Chart
No No
Charting - Indicators / Studies
44 5
Charting - Drawing Tools
14 0
Charting - Historical Trades
Yes No
Charting - Corporate Events
Yes No
Charting - Automated Analysis
No No
Charting - Save Profiles
No No
Charting - Study Customizations
2 2
Charting - Custom Studies
Yes No

Day Trading

Feature Webull Robinhood
Stock Alerts - Basic Fields
Yes No
Stock Alerts - Advanced Fields
No No
Streaming Time & Sales
No No
Streaming TV
No No
Direct Market Routing - Stocks
No No
Direct Market Routing - Options
No No
Ladder Trading
No No
Trade Hot Keys
Yes No
Level 2 Quotes - Stocks
No No
Level 2 Quotes - Options
No No
Trade Ideas - Backtesting
No No
Short Locator
No No
Order Liquidity Rebates
No No

Mobile Trading Apps

Feature Webull Robinhood
iPhone App
Yes Yes
Android App
Yes Yes
Apple Watch App
No Yes
Trading - Stocks
Yes Yes
Trading - After-Hours
Yes Yes
Trading - Conditional Orders
No No
Trading - Mutual Funds
No No
Trading - Simple Options
Yes Yes
Trading - Complex Options
No Yes
Trading - Option Rolling
No No
Touch / Face ID
Yes Yes

Mobile App Features

Feature Webull Robinhood
Watch List Syncing
Yes Yes
Stock Alerts
Yes Yes
Charting - After Hours
Yes Yes
Charting - Drawing
No No
Charting - Study Customizations
Yes No
Heatmapping
No No
Stream Live TV
No No
Barcode Lookup
No No

Research Overview

Feature Webull Robinhood
Research - Stocks
Yes Yes
Research - ETFs
Yes Yes
Research - Mutual Funds
No No
Research - Pink Sheets / OTCBB
No No
Research - Fixed Income
No No
Screener - Stocks
Yes No
Screener - ETFs
No No
Screener - Mutual Funds
No No
Screener - Options
No No
Screener - Bonds
No No
Misc - Portfolio Builder
No No
Misc - Portfolio Allocation
Yes Yes

Stock Research

Feature Webull Robinhood
Stock Research - Reports
0 0
Stock Research - Earnings
Yes Yes
Stock Research - Insiders
Yes No
Stock Research - Metric Comp
No No
Stock Research - SEC Filings
Yes No
Stock Research - Social
Yes No
Stock Research - Balance Sheet
Yes No
Stock Research - Cash Flows
Yes No
Stock Research - News
Yes Yes
Stock Research - ESG
No No

ETF Research

Feature Webull Robinhood
ETFs - Strategy Overview
No Yes
ETFs - Top 10 Holdings
Yes No
ETFs - Sector Exposure
Yes No
ETFs - Risk Analysis
No No
ETFs - Performance Analysis
Yes Yes
ETFs - Ratings
No No
ETFs - Morningstar StyleMap
No No
ETFs - Reports
No No

Mutual Fund Research

Feature Webull Robinhood
Mutual Funds - Strategy Overview
No No
Mutual Funds - Prospectus
No No
Mutual Funds - Reports
No No
Mutual Funds - Fees Breakdown
No No
Mutual Funds - Top 10 Holdings
Yes No
Mutual Funds - Asset Allocation
No No
Mutual Funds - Sector Allocation
Yes No
Mutual Funds - Country Allocation
Yes No
Mutual Funds - StyleMap
No No
Mutual Funds - 3rd Party Ratings
No No

Options Trading

Feature Webull Robinhood
Option Chains - Streaming
No Yes
Option Chains - Total Columns
12 6
Option Chains - Greeks
5 5
Option Chains - Quick Analysis
No No
Option Analysis - P&L Charts
Yes No
Option Probability Analysis
Yes No
Option Probability Analysis Adv
Yes No
Option Positions - Greeks
Yes Yes
Option Positions - Adv Analysis
No No
Option Positions - Rolling
No No
Option Positions - Grouping
No Yes

Beginners

Feature Webull Robinhood
Education (Stocks)
No Yes
Education (ETFs)
No No
Education (Options)
No Yes
Education (Mutual Funds)
No No
Education (Fixed Income)
No No
Education (Retirement)
No No
Paper Trading
Yes No
Videos
No No
Webinars (Monthly Avg)
0 0
Webinars (Archived)
No No
Live Seminars
No No
Progress Tracking
No No
Interactive Learning - Quizzes
No No

Banking

Feature Webull Robinhood
Retail Locations
0 0
Member FDIC
No No
Checking Accounts
No No
Savings Accounts
No No
Credit Cards
No No
Debit Cards
No Yes
Mortgage Loans
No No
No Fee Banking
No No

Overall

Feature Webull Robinhood
Overall 3.5 3
Commissions & Fees 4.5 4.5
Offering of Investments 2 2
Platforms & Tools 3 2
Mobile Trading 4 4
Research 2.5 2
Education 2 3
Ease of Use 4 5
Banking 0 0.5
Webull Review Robinhood Review
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Comparing brokers side by side is no easy task. For our 2020 annual broker review, we spent hundreds of hours assessing 15 brokerages to find the best online broker. Let's compare Robinhood vs Webull.

Is Robinhood or Webull better for beginners?
Robinhood is better for beginner investors than Webull. Robinhood offers investors access to Education (Stocks) and Education (Options).

What about Robinhood vs Webull pricing?
Robinhood and Webull have equal fees for trading stocks (equities), $0 per trade. Looking at options, the base fees charged are the same for both brokers, $0. Option contracts cost $0 each at both brokerages. For a complete commissions summary, see our best discount brokers guide.

Does Robinhood or Webull offer a wider range of investment options?
Robinhood offers a more diverse selection of investment options than Webull. Robinhood offers investors access to Stock Trading, Fractional Shares and Options Trading. Looking at Mutual Funds, both brokers offer clients access to the same number of mutual funds, 0.

Which trading platform is better: Robinhood or Webull?
To compare the trading platforms of both Robinhood and Webull, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Webull offers a better experience. With research, Webull offers superior market research. Finally, we found Robinhood 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. Debit Cards are available to clients of Robinhood while Webull offers customers none of these.

Overall, between Robinhood and Webull, Webull is the better online broker.

Robinhood Review
Webull Review

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All pricing data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. For stock trade rates, advertised pricing is for a standard order size of 500 shares of stock priced at $30 per share. For options orders, an options regulatory fee per contract may apply.

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