Comparison E*TRADE vs Webull

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares E*TRADE vs Webull. Is E*TRADE or Webull a better online broker?

First of all, we’ll compare the commission fees of the two brokers. E*TRADE has a commission fee of $6.95, and Webull has a commission fee of commission Free. Let’s analyze the commission fees on trading options. E*TRADE has a commission fee of $6.95 + $0.75 per contract, Webull has a commission fee of n/A. For a more complete picture, let’s consider trading in the metal market, where E*TRADE and Webull have commission fees of $1.50 per contract and n/A, respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.

Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are E*TRADE provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading, Robo Advisor, and Webull provides customers with Stocks Trading, ETFs Trading. As for platforms, E*TRADE offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, 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. E*TRADE was founded in 1982 in United States, and it is regulated by FINRA. And Webull was founded in 2017 in USA, and it is regulated by SEC & FINRA. Withdrawal of funds from E*TRADE can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. And Webull provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $45 (International Wire). The time for withdrawal in E*TRADE is 3 days, and that one in Webull is 2 business days.

Overall, E*TRADE boasts 4.3 stars versus Webull 4.1 stars.