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What is Webull?

Webull is an online brokerage that features commission-free stock and exchange-traded fund (ETF) trading. The trading platform is designed for intermediate and experienced traders.

Webull offers a comprehensive suite of tools for active traders such as technical indicators, economic calendars, ratings from research agencies, margin trading, and short-selling.

With Webull, you can open a taxable account, options account, and Individual Retirement Accounts.

Webull FAQ

Is Webull good for beginners?

Webull is a free trading platform with comprehensive tools: technical indicators, economic calendars, ratings from research agencies, margin trading, and short-selling. It also offers community participation through a forum and paper trade competitions to educate and engage traders.

Webull can be overwhelming for beginners. I certainly felt that way, even with some experience. Although I am more of a passive investor than an active one. There are two significant features for beginners: paper trading and community chats.With paper trading, you can learn how to trade and practice without using your real money. You can learn how to use the apps and read the charts. Community chats allow you to interact with other traders, but I warn you, there isn’t as much educating as there is bragging.

Does Webull allow day trading?

Webull was made for day trading with its in-depth analytics and research tools. However, there are limits. If you have an account less than $25,000, you are limited to 3-day trades within 5 successive business days. For accounts over $25,000, you have unlimited day trading access.

Webull vs. Robinhood

Webull is best for intermediate and active traders who want access to a robust platform to make technical trades. The platform might be overwhelming to newbies, but beginner traders can learn to make trades using the educational and community features.Robinhood is good for beginners who don’t need as much in-depth analysis and tools for trades. With Robinhood, you get more simplicity, but that also means less active trading.If you’re looking to trade, read charts, and research opportunities actively, then Webull is the clear winner and best for day traders.

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