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Webull accounts and how they score
Account range and entry terms feed the rating. Here are Webull's accounts and the facts the score is built on.
Facts last checked . Read the full Webull review.
Accounts
- Minimum deposit
- $0
- Account types
- Individual Cash, Individual Margin, Joint, Traditional IRA, Roth IRA, Rollover IRA, Futures, Advisory, Paper Trading
- Account currencies
- USD
- Islamic account
- No
- Demo account
- Yes, Paper Trading
- Professional account
- No dedicated retail Professional account
- Minimum trade size
- $5 for fractional stocks/ETFs
- Time to open
- Typically a few minutes; approval can take longer
What this means
Webull runs 9 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.
Base currencies: USD. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.
The smallest position is $5 for fractional stocks/ETFs. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.
A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.
Questions about Webull accounts
What account types does Webull offer?
Webull offers 9 account types: Individual Cash, Individual Margin, Joint, Traditional IRA, Roth IRA, Rollover IRA, Futures, Advisory, Paper Trading.
What is the minimum deposit at Webull?
The minimum deposit at Webull is $0. It can differ by account type and by the entity you register with.
Does Webull offer an Islamic account?
No. Webull does not offer a swap-free account on our record.
Accounts at brokers under the same regulator
- Charles Schwab accounts also licensed by SEC
- IG accounts also licensed by CFTC/NFA
- Plus500 accounts also licensed by CFTC/NFA
- FOREX.com accounts also licensed by CFTC/NFA
- Trading.com accounts also licensed by CFTC/NFA