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.
About Webull
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.
- Active Traders
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.
- Good Fit For:Active and Global TradersVIEW PROS & CONS:Securely through Interactive Brokers’ website
- Good Fit For:Leveraged TradingVIEW PROS & CONS:securely through Plus500 Yield's website
- Good Fit For:Commission-Free Mobile TradingVIEW PROS & CONS:securely through Robinhood's website
- Good Fit For:Active Short SellersVIEW PROS & CONS:securely through TradeZero [SPONSORED]'s website
![TradeZero [SPONSORED]](https://cdnwp-s3.benzinga.com/wp-content/uploads/2020/11/07101028/IMG_5065-768x135.png?optimize=medium&dpr=2&auto=webp&width=256)
Stock Movers
Take a look at the real-time updates of the biggest gainers and losers to help with your trades.
Stock Movers
Gainers
| Ticker | Company | Close | ±% | Avg. Vol | Buy Stock | |
|---|---|---|---|---|---|---|
| VIDA | Vida Global | $2.94 | 293999900% | 22.50K | Buy/Sell | |
| HCWB | HCW Biologics | $1.06 | 214.56% | 9.31M | Buy/Sell | |
| PIII | P3 Health Partners | $11.84 | 193.79% | 91.30K | Buy/Sell | |
| MRNO | Murano Global Investments | $0.62 | 113.58% | 2.00M | Buy/Sell | |
| AUUD | Auddia | $1.98 | 62.3% | 1.90M | Buy/Sell | |
| SLE | Super League Enterprise | $6.18 | 51.84% | 18.99K | Buy/Sell | |
| SKK | SKK Holdings | $4.70 | 38.64% | 647.82K | Buy/Sell | |
| ERNA | Ernexa Therapeutics | $13.21 | 38.23% | 1.62M | Buy/Sell | |
| QUCY | Quantum Cyber | $4.11 | 37% | 18.70M | Buy/Sell | |
| TRT | Trio-Tech Intl | $18.85 | 34.45% | 912.05K | Buy/Sell | |
| RDACR | Rising Dragon Acquisition Corp. - Rights | $0.17 | 30.76% | 23.71K | Buy/Sell | |
| TWLVR | Twelve Seas Investment Company III - Rights | $0.18 | 29.88% | 10.68K | Buy/Sell | |
Loser
| Ticker | Company | Close | ±% | Avg. Vol | Buy Stock | |
|---|---|---|---|---|---|---|
| ELPW | Elong Power Holding | $0.99 | -48.97% | 4.47M | Buy/Sell | |
| WOK | WORK Medical Tech Gr | $0.69 | -47.27% | 7.86M | Buy/Sell | |
| SLXN | Silexion Therapeutics | $0.29 | -42.47% | 79.86K | Buy/Sell | |
| GAMB | Gambling.com Group | $2.40 | -42.03% | 711.13K | Buy/Sell | |
| LNZA | LanzaTech Global | $10.03 | -41.55% | 43.89K | Buy/Sell | |
| CTEV | Claritev | $13.80 | -41.21% | 177.25K | Buy/Sell | |
| CREG | Smart Powerr | $0.43 | -39.95% | 22.43M | Buy/Sell | |
| SOPA | Society Pass | $0.17 | -38.96% | 1.54M | Buy/Sell | |
| EZGO | EZGO Technologies | $0.02 | -35.77% | 61.18M | Buy/Sell | |
| BLNE | Beeline Holdings | $1.13 | -35.72% | 638.88K | Buy/Sell | |
| ZTEK | Zentek | $0.68 | -32.53% | 288.93K | Buy/Sell | |
| AARD | Aardvark Therapeutics | $4.55 | -32.4% | 279.21K | 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.
Do your research before selecting and a trade. Benzinga pro is a stock research platform for the every day trader. Check it out.
- All Trading Levels
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.
About Ryan Peterson
Ryan Peterson is a seasoned personal finance writer with a Bachelor’s Degree in Business from Indiana University. With over five years of experience, Ryan has crafted insightful content for multiple finance websites, including MoneyLion At Benzinga, he brings his expertise and passion for helping readers navigate the complex world of personal finance and investing, empowering them to make informed financial decisions.
