Recent news surrounding Robinhood has traders and investors looking for alternative platforms to buy, sell and trade. Is the Webull stock trading site right for you? We break down Webull and how to buy stocks on their intuitive, easy-to-use platform.
Webull is an online brokerage platform where you can buy, sell and trade stocks, options, ETFs and cryptocurrencies. Webull is a fan favorite because they don’t take commissions and have no minimum deposit. The platform comes equipped with in-depth analysis tools including advanced charts, multiple technical indicators and more.
Buying Stocks on Webull
Getting started is relatively easy, all you need is an email address and SSN or ITIN. Webull’s stock trading platform follows basic steps that anyone can understand. If you’re new to the game, you will get acclimated quickly. If you’re an industry veteran, you will love how easy it is to breeze through the registration process.
- Create an account.
Head over to Webull and sign up. There is a blue “Log In” button in the upper right-hand corner. If you’re new to the platform, click “Sign up Now”. Webull indicates that most accounts are approved automatically but there are some instances where additional verification is needed which may extend account opening.
- Transfer funds.
You can transfer money into your account via wire transfer or direct deposit.
Before your first deposit via ACH (Automated Clearing House), you will have to link to a US bank account. There are two ways to do this:
1. Instant Account Verification
2. Micro-deposit Verification.
Note: You can transfer funds or securities through the app or on the website
- Pick your trade.
Go to the “Watchlists” tab on the main screen.
Pick your stock.
Go to the stocks quote page.
Select trade and place an order.
Webull Alternatives to Buy Stock
Not convinced Webull is where you want to put your money? Take a look at some other online brokerages with similar offerings.
Take a look at the real-time updates of the biggest gainers and losers to help with your trades.
|GLSTR||Global Star Acquisition, Inc. - Right||$0.10||327.35%||4.4K||Buy/Sell|
|BLEUR||bleuacacia ltd - Rights||$0.03||56.84%||18.2K||Buy/Sell|
|CLINR||Clean Earth Acquisitions Corp. - Right||$0.15||49.99%||78.8K||Buy/Sell|
|BRFH||Barfresh Food Group||$1.93||39.85%||3K||Buy/Sell|
|AIBBR||AIB Acquisition Corporation - Right||$0.14||37.86%||6.5K||Buy/Sell|
|HCDI||Harbor Custom Dev||$1.15||33.7%||115.2K||Buy/Sell|
|BREZR||Breeze Holdings Acquisition Corp. - Right||$0.08||33.33%||18.4K||Buy/Sell|
|MIGI||Mawson Infra Gr||$0.94||32.56%||139.4K||Buy/Sell|
Get Official with Webull
Review your options carefully before selecting a brokerage. Make sure you look over the full list of diclsoures and fees prior to using the Webull stock trading platform.
Frequently Asked Questions
Can I day trade on Webull?
You must have an account value of $250,000 in order to day trade on Webull.
Does Webull offer premarket and after-hours trading?
You can trade on Webull from 4 a.m. to 8 p.m. EST.