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Comparison Robinhood vs Webull
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Robinhood vs Webull. Is Robinhood or Webull a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of Robinhood on regular transactions of the stock exchange is commission-free, and Webull has a commission fee of commission Free. When analyzing trading options, the commission fees of Robinhood is commission-free, and that one of Webull is n/A. The full online broker reviews contains more detailed information on the brokers’ commission fees.
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, Crypto Trading are provided to customers by Robinhood and Stocks Trading, ETFs Trading are provided by Webull. As for platforms, Robinhood offers 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. Robinhood was established in 2013 in United States, and it is regulated by SEC, FINRA. And Webull was established in 2017 in USA, and it is regulated by SEC & FINRA. We can withdraw funds from Robinhood with the help of Bank Wire, and its withdrawal fee is free. And Webull provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $45 (International Wire). The withdrawal time for Robinhood is 5 days trading holding period for uninvested funds, and that one for Webull is 2 business days.
Overall, Robinhood boasts 3.4 stars versus Webull 4.1 stars.