Comparison AvaTrade vs Webull
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare AvaTrade vs Webull. Which of them: AvaTrade or Webull a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of AvaTrade on regular transactions of the stock exchange is average 0.13%, and Webull has a commission fee of commission Free. When analyzing trading options, the commission fees of AvaTrade is spreads Vary, and that one of Webull is n/A. Now, let’s compare commission fees in Forex, the commission fee of AvaTrade is from 1.3 pips, and the commission fee of Webull is n/A. We can also analyze commission fees for trading CFD: they are from 0.13% in AvaTrade vs n/A in Webull. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: from 0.4pips and n/A for AvaTrade and Webull, respectively. You can read more detailed information on commission fees in the online broker reviews.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Bonds Trading, Forex Trading, Crypto Trading, Robo Advisor are provided to customers by AvaTrade and Stocks Trading, ETFs Trading are provided by Webull. As for platforms, AvaTrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Webull offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. AvaTrade was established in 2006 in Ireland, and it is regulated by Central Bank of Ireland. And Webull was established in 2017 in USA, and it is regulated by SEC & FINRA. Withdrawal of funds from AvaTrade can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of free. And Webull provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $45 (International Wire). The time for withdrawal in AvaTrade is 1 - 2 business days, and that one in Webull is 2 business days.
Overall, AvaTrade boasts 4.8 stars versus Webull 4.1 stars.