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.