9 Reasons to Use Webull As Your Brokerage

With a free Webull account, you’ll also get 2 free stocks from a $1 deposit! It’s a great way to learn the app/website without investing a fortune!

Michael Johnson
4 min readJan 25, 2022

As the cryptocurrency market continues to both excite and scare me, I’ve focused some extra effort on stock trading platforms, including Webull.

I’ll be honest, I love Webull because it’s easy to use, offers free stocks just for signing up and connecting your bank account (and depositing at least $1), free trading, and so much more.

Here are the top 9 reasons why I recommend Webull over Robinhood:

1. Free to use for stocks

Many brokers offer free trades, but Webull offers free stock trading. That means you can trade all day long with no commission fees or per share costs — it’s truly free. The Webull app also provides live market updates and news feeds so you always know what is happening in the markets, along with extensive charting capabilities without any paid upgrades.

2. Allows paper trading

Webull has a great feature called paper trading, allowing you to paper trade risk-free using virtual money to see how you would do before actually investing real money. It’s a great way to try out different strategies, or simply practice! You can create an account at Webull here: www.webull.com

3. Web-based platform and mobile app

The Webull platform is web-based, which means it works on all your devices — desktop, tablet, or phone. All you need to do is create an account online or through the Webull app for free! The Webull app also has many other features such as stock screeners, advanced charting capabilities, news updates, margin trading, and more.

All of Webull’s features and information is available online or on their app for free, giving you easy access to all the same great tools as other online brokers without paying them a dime. There isn’t anything hidden behind a paywall which means it’s easy to see if Webull is right for you.

4. Focuses on individual investors specifically

A lot of brokers have very complex fee structures that may take a while for a beginner to fully comprehend, but Webull keeps fees simple. Instead of increasing commissions as you trade more often (like other), Webull lets you buy and sell more of a stock for free. Webull also offers webinars and online seminars to help you learn about trading, advanced web-based courses, and dedicated customer service representatives.

5. Ton of great educational resources & videos

Webull provides extensive educational resources including webinars, articles, how-to videos, quizzes, web-based courses, email alerts, and many other features designed with the trader in mind. In addition to that there is a free section on their website where you can find out what stocks are trending at any given time which includes news articles from top news sources (WSJ, CNBC, Forbes).

6. Supports margin trading

Trading allows you to borrow money from Webull to buy more stock than you would be able to afford with the cash in your account. With Webull, there are no fees for margin trading — just interest charges based on how much you borrow. You can also increase or decrease the amount of leverage at any time, which may have an impact on your margin interest rate and total interest paid/received.

7. Low account minimums

While many brokers require a minimum balance to open an account, Webull does not. Webull provides brokerage accounts with no fees to open and no minimum balance requirements, helping you start building wealth now without worrying about keeping certain amounts in your account. Webull also offers penny stocks, which means you can buy those small cap explosive stocks for only $1 per share (not per contract like other brokers).

8. No commission fees

Some online brokers charge as much as $5/trade for standard stock trades — Webull charges nothing at all. That’s right — zilch, zip, zero! With Webull’s free stock trading program, you can buy and sell stocks for free. Webull also offers penny stocks, which means you can buy those small cap explosive stocks for only $1 per share (not per contract like other brokers). Webull has the best stock trading platform & app!

9. Great online broker for beginners

Since Webull provides free education resources, webinars, web-based courses, in addition to tons of great videos on their website — Webull makes it easy to learn all the basics of investing without paying anything at all. Webull also offers penny stocks, which means you can buy those small cap explosive stocks for only $1 per share (not per contract like other brokers).

Ready to get started with Webull?

Sign up today, connect your bank, and depositing as low as $1, get at least 2 free stocks!

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Michael Johnson

I have drive and passion for making money online and teaching others how to do the same! But, life got REALLY busy (good busy) and I don't write much anymore.