Webull is a digital brokerage that offers individual brokerage accounts and IRAs (traditional, Roth, and rollover). It provides advanced charting, research tools, extended trading hours, and crypto trading.
Robinhood is an online brokerage, best known for commission-free stock and exchange-traded fund (ETF) trading. It offers brokerage accounts with access to stocks, ETFs, options, and crypto trading, plus premium features through Robinhood Gold.
The table below offers a quick overview of Webull and Robinhood.
| Feature | Webull | Robinhood |
|---|---|---|
| Service type | Online brokerage with brokerage and IRA accounts. | Online brokerage with brokerage, margin, and premium Gold accounts. |
| Fees | $0 commission on stocks, ETFs, options and crypto. Regulatory fees apply; margin interest charged. | $0 commission on stocks, ETFs, options, and crypto. Regulatory fees apply, and $5/month Robinhood Gold for premium features. |
| Minimum account size | No minimum | No minimum. Gold subscription required for premium features. |
| Best for | Active traders who want advanced research tools, extended trading hours, and IRA options. | New investors who want simple, app-based investing and access to crypto. |
Webull vs Robinhood: Key services
Both Webull and Robinhood are built as self-directed online brokerages, offering commission-free trading with a different focus on account types and product access.
Here’s a closer look at what each platform provides.
Webull: Main services
Commission-free trading: Webull allows investors to trade US stocks, ETFs, and options without paying commission. Index options carry a $0.50 per contract fee.
Fractional shares: Investors can buy fractional shares with as little as $5, making it easier to access higher-priced stocks.
Extended trading hours: Webull provides pre-market (4am-9:30am ET) and after-hours (4pm-8pm ET) sessions, giving active traders more flexibility with trading.
Mobile-first platforms: The brokerage offers trading via mobile apps, desktop, and web, equipped with real-time market data, technical indicators, and advanced charting tools.
Brokerage accounts and IRAs: Webull offers individual brokerage accounts, along with traditional, Roth, and rollover IRAs.
Robinhood: Main services
Brokerage and margin accounts: It offers standard brokerage accounts and margin accounts, with optional Robinhood Gold for advanced features.
Commission-free trading: $0 commissions on stocks, ETFs, options, and crypto, plus fractional share investing.
Cryptocurrency trading: Access to a wide range of cryptocurrencies directly within the brokerage platform.
Premium features with Robinhood Gold: For $5 a month, users can unlock professional research, higher interest on uninvested cash, and margin investing.
App-based experience: Streamlined mobile design for easy trading and account management.
While Webull has advanced trading tools and retirement account options, Robinhood focuses on simplicity, accessibility, and trading crypto alongside traditional securities.
Webull vs Robinhood: Fees
Webull and Robinhood keep costs low with no management fees and $0 commission on trades.
Investors may still pay regulatory fees and fund-level expense ratios, while Robinhood has an optional $5 a month Gold program.
| Fee Category | Webull | Robinhood |
|---|---|---|
| Management/advisory fees | None. | None. |
| Commissions | $0 commission on stocks, ETFs, and options. Regulatory, exchange, and option contract fees may apply. | $0 commissions on stocks, ETFs, options, and crypto; regulatory and exchange fees apply. |
| Expense ratios | Investors pay the underlying ETF/fund expense ratios. | Investors pay the underlying ETF/fund expense ratios. |
| Program fees | None | $5/month for Robinhood Gold (premium features include research reports, higher cash interest, and margin investing access). |
For cost-conscious traders, Webull offers a low-cost structure with no extra programs. Robinhood is free for basic trading, but the Gold subscription adds value for users who want premium research, cash interest, or margin investing, making it suitable for those willing to pay for extras.
Webull vs Robinhood: What is the minimum account size?
Minimum account requirements determine how much you need to get started.
As brokerages, both Webull and Robinhood make investing highly accessible by not requiring a minimum investment.
Webull vs Robinhood: What is the minimum account size?
Minimum account requirements determine how much you need to get started.
As brokerages, both Webull and Robinhood make investing highly accessible by not requiring a minimum investment.
| Platform | Minimum account size | Premium/advisor-led tiers |
|---|---|---|
| Webull | No minimum. | No premium or advisor-led tiers offered. |
| Robinhood | No minimum. | Robinhood Gold is available at $5/month, with no minimum required. |
Both Webull and Robinhood have no account minimums, making them both accessible for new investors. Webull keeps its structure simple with no premium tiers, while Robinhood adds an optional Gold subscription for extra features without introducing a minimum investment.
Webull vs Robinhood: Pros and cons
Webull and Robinhood each have clear strengths and limitations that can impact which brokerage is the better fit for different types of investors.
Pros of Webull
Retirement Accounts: Offers both brokerage and IRA accounts, useful for trading and long-term retirement saving.
Advanced Tools: Provides charting, screeners, and extended hours for active traders.
Crypto Access: Supports trading of crypto, stocks, ETFs, and options in one platform.
Cons of Webull
No Advisors: Lacks financial advisors or managed portfolios—investors are fully DIY.
Complex Interface: Advanced tools may overwhelm beginners.
No Mutual Funds: Does not support mutual funds, limiting diversification.
Pros of Robinhood
Beginner-Friendly: App-first, simple interface for new investors.
Commission-Free: Free trading of stocks, ETFs, options, crypto, and fractional shares.
Robinhood Gold: $5/month upgrade with research, higher interest, and margin access.
Cons of Robinhood
Limited Assets: No mutual funds, bonds, or futures.
Basic Tools: Research features weaker than Webull’s.
Transparency Concerns: Order flow and pricing disclosures less detailed.
👉 In short: Webull suits active traders who want advanced tools, crypto, and retirement accounts, while Robinhood suits beginners seeking simplicity, free trading, and optional upgrades.
Investors looking for more comprehensive robo-advisors or advisory services may compare with Betterment, Fidelity Go, or Schwab Intelligent Portfolios, while those seeking broader product access may consider E*TRADE or Charles Schwab.
Technology and Security: Webull vs Robinhood
Webull offers trading across mobile, desktop, and web with advanced charting, stock screeners, and extended hours, making it well-suited for active traders. Robinhood is mobile-first with a streamlined app and simple tools that favor beginners but provide fewer advanced features.
On security, both are regulated by the SEC and FINRA, use encryption and two-factor authentication, and provide SIPC protection up to $500,000 (including $250,000 cash). Robinhood also offers FDIC insurance for uninvested cash in its sweep program.
Final verdict: Webull vs Robinhood
Both platforms offer commission-free trading, but serve different needs. Webull suits active or DIY traders who want multi-platform access, advanced charting, extended hours, and IRA options. Robinhood is better for beginners seeking a simple, mobile-first experience with stocks, ETFs, crypto, and optional Gold perks for added features.
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