Advertiser Disclosure

InvestorGreg.net is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. That's how we make money. This compensation may impact how, where and in what order products appear. InvestorGreg.net does not include all companies or all available products. We will never allow advertisers to influence our opinion of financial products that appear on this site.

Comparison Interactive Brokers vs Webull

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

First of all, we’ll compare the commission fees of the two brokers. The commission fee of Interactive Brokers on regular transactions of the stock exchange is $0.005, and Webull has a commission fee of commission Free. When analyzing trading options, the commission fees of Interactive Brokers is $0 + $0.70 per contract, and that one of Webull is n/A. For trading in Forex, the commission fee of Interactive Brokers is 0.20 basis points, while the commission fee of Webull is n/A. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: 0.15 basis points and n/A for Interactive Brokers and Webull, respectively. You can read more detailed information on commission fees in the online broker reviews.

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 Interactive Brokers provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor, and Webull provides customers with Stocks Trading, ETFs Trading. Concerning the platforms, Interactive Brokers uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Webull uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.

Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. Interactive Brokers was established in 1978 in United States, and it is regulated by NYSE, FINRA, SIPC. And Webull was established in 2017 in USA, and it is regulated by SEC & FINRA. Withdrawal of funds from Interactive Brokers 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 withdrawal time for Interactive Brokers is 3-5 days, and that one for Webull is 2 business days.

As a result, the rating of Interactive Brokers is 4.1 stars versus that of Webull of 4.1 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
Interactive Brokers
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
Webull
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
Futures
Metals
Cryptocurrency
Interactive Brokers
Stock
$0.005
ETFs
$0
Options
$0 + $0.70 per contract
Mutual Funds
$14.95
Bonds
0.1% of face value
Forex Spreads
0.20 basis points
Futures
$0.85 per contract
Metals
0.15 basis points
Cryptocurrency
$5 per contract
Webull
Stock
Commission Free
ETFs
Commission Free
Options
N/A
Mutual Funds
N/A
Bonds
N/A
Forex Spreads
N/A
Futures
N/A
Metals
N/A
Cryptocurrency
N/A

Types of trading

Types of trading
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
Interactive Brokers
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
Webull
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Interactive Brokers
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Webull
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Education
Demo account
Interactive Brokers
Research & Analysis
Education
Demo account
Webull
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
Interactive Brokers
Android App
iOS App
Webull
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Interactive Brokers
Minimum deposit
$0
Bank Wire
Visa/Mastercard
Webull
Minimum deposit
Zero
Bank Wire
Visa/Mastercard

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
Interactive Brokers
Bank Wire
Visa/Mastercard
Withdrawal Time
3-5 days
Withdrawal Fee
$0
Webull
Bank Wire
Visa/Mastercard
Withdrawal Time
2 business days
Withdrawal Fee
$45 (International Wire)

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Interactive Brokers
Сountry of Origin
United States
Year Founded
1978
Regulated By
NYSE, FINRA, SIPC
Webull
Сountry of Origin
USA
Year Founded
2017
Regulated By
SEC & FINRA

Customer Service

Customer Service
Phone
Email
Live Chat
 
Interactive Brokers
Phone
1 (877) 442-2757
Email
Email form
Live Chat
Yes
Webull
Phone
No
Email
Yes
Live Chat
No

Related Comparisons