My opinion on Webull
Webull Canada delivers a secure, regulated trading environment focused on Canadian and US stocks, ETFs, and options, backed by CIRO membership and CIPF protection.The broker earns its 3.7/5 rating for reliability, local account offerings (TFSA/RRSP), and a user-friendly proprietary platform, but faces notable drawbacks in terms of limited asset variety (no forex, crypto, or CFDs) and globally poor user reviews (Trustpilot: 1.6/5 from over 1,000 reviews as of July 2025).Fee-wise, Webull employs a competitive but simple flat-fee structure (CAD $2.99 per trade for Canadian stocks, approx. CAD $4/trade for US stocks), without account or deposit fees for individuals.Relative to direct competitors like Moomoo, Webull stands out for robust Canadian regulation, $0 minimum deposit, and account types suitable for local investors, yet it lags behind international brokers in instrument diversity and advanced trading tools.Founded in 2017 and now with millions of clients worldwide, Webull remains a reliable choice for Canadian traders seeking regulated equity market access—yet investors requiring multi-asset reach, forex, or crypto should look elsewhere.Based on my experience, Webull is best suited to the following trader profiles:
➡️ Beginner to intermediate stock traders: Canadian investors looking to trade local and U.S. equities and ETFs within a regulated, easy-to-use environment—especially with no account minimum.
➡️ Tax-advantaged account holders: Users interested in TFSA and RRSP integration without needing complex instruments or margin features.
➡️ Cost-conscious, equity-focused investors: Traders seeking a flat-fee structure with no deposit or inactivity fees, who do not require access to forex, crypto, or advanced derivatives.
- ✅Regulated by CIRO and a member of CIPF, ensuring strong investor protection for Canadians
- ✅No minimum deposit required for standard (individual) accounts
- ✅Competitive flat-fee pricing structure (CAD $2.99 per trade for Canadian stocks, approx. CAD $4/trade for US stocks and ETFs)
- ✅Supports registered account types such as RRSP and TFSA for tax-efficient investing
- ✅Modern and intuitive proprietary platforms available on desktop, web, and mobile
- ✅Comprehensive trading features: advanced charting, technical indicators, watchlists, and social/community insights
- ✅Margin trading available (subject to Canadian regulatory leverage limits)
- ✅Fast account opening and standard KYC process
- ✅No deposit or withdrawal fees for standard methods (EFT/ACH)
- ✅Responsive support options including phone, email, and in-app messaging
- ❌Extremely limited asset selection: no forex, commodities, cryptocurrencies, or CFDs for Canadian users
- ❌No access to copy trading, MT4/MT5, or third-party platforms (proprietary only)
- ❌Paper/demonstration trading not clearly available for Canadian accounts
- ❌No crypto services (spot, staking, earn, lending, or wallet) available in Canada
- ❌Globally low Trustpilot rating: 1.6/5 from over 1,000 reviews, with negative feedback on fees and support
- ❌Relatively high per-trade commissions versus discount competitors (especially for active/small-ticket traders)
- ❌No Islamic (swap-free) accounts offered
- ❌No integration with popular tools like TradingView or API access
- ❌Possible partial transfer-out fee and ADR custody fees
- ❌Service hours limited to market hours; multilingual support not separately listed
Score- ✅Regulated by CIRO and a member of CIPF, ensuring strong investor protection for Canadians
- ✅No minimum deposit required for standard (individual) accounts
- ✅Competitive flat-fee pricing structure (CAD $2.99 per trade for Canadian stocks, approx. CAD $4/trade for US stocks and ETFs)
- ✅Supports registered account types such as RRSP and TFSA for tax-efficient investing
- ✅Modern and intuitive proprietary platforms available on desktop, web, and mobile
- ✅Comprehensive trading features: advanced charting, technical indicators, watchlists, and social/community insights
- ✅Margin trading available (subject to Canadian regulatory leverage limits)
- ✅Fast account opening and standard KYC process
- ✅No deposit or withdrawal fees for standard methods (EFT/ACH)
- ✅Responsive support options including phone, email, and in-app messaging
My opinion on Webull
- ✅Regulated by CIRO and a member of CIPF, ensuring strong investor protection for Canadians
- ✅No minimum deposit required for standard (individual) accounts
- ✅Competitive flat-fee pricing structure (CAD $2.99 per trade for Canadian stocks, approx. CAD $4/trade for US stocks and ETFs)
- ✅Supports registered account types such as RRSP and TFSA for tax-efficient investing
- ✅Modern and intuitive proprietary platforms available on desktop, web, and mobile
- ✅Comprehensive trading features: advanced charting, technical indicators, watchlists, and social/community insights
- ✅Margin trading available (subject to Canadian regulatory leverage limits)
- ✅Fast account opening and standard KYC process
- ✅No deposit or withdrawal fees for standard methods (EFT/ACH)
- ✅Responsive support options including phone, email, and in-app messaging
- ❌Extremely limited asset selection: no forex, commodities, cryptocurrencies, or CFDs for Canadian users
- ❌No access to copy trading, MT4/MT5, or third-party platforms (proprietary only)
- ❌Paper/demonstration trading not clearly available for Canadian accounts
- ❌No crypto services (spot, staking, earn, lending, or wallet) available in Canada
- ❌Globally low Trustpilot rating: 1.6/5 from over 1,000 reviews, with negative feedback on fees and support
- ❌Relatively high per-trade commissions versus discount competitors (especially for active/small-ticket traders)
- ❌No Islamic (swap-free) accounts offered
- ❌No integration with popular tools like TradingView or API access
- ❌Possible partial transfer-out fee and ADR custody fees
- ❌Service hours limited to market hours; multilingual support not separately listed
Score- ✅Regulated by CIRO and a member of CIPF, ensuring strong investor protection for Canadians
- ✅No minimum deposit required for standard (individual) accounts
- ✅Competitive flat-fee pricing structure (CAD $2.99 per trade for Canadian stocks, approx. CAD $4/trade for US stocks and ETFs)
- ✅Supports registered account types such as RRSP and TFSA for tax-efficient investing
- ✅Modern and intuitive proprietary platforms available on desktop, web, and mobile
- ✅Comprehensive trading features: advanced charting, technical indicators, watchlists, and social/community insights
- ✅Margin trading available (subject to Canadian regulatory leverage limits)
- ✅Fast account opening and standard KYC process
- ✅No deposit or withdrawal fees for standard methods (EFT/ACH)
- ✅Responsive support options including phone, email, and in-app messaging
Why trust Hellosafe?
I spent several days personally testing Webull from the perspective of a Canadian trader. This involved opening and funding a real account, navigating the platform on desktop and mobile, and executing real trades in both Canadian and US-listed stocks and ETFs.
Throughout my review, I carefully compared the fees, trading tools, and support on Webull with what I’ve experienced with other regulated brokers in Canada. I looked for strengths and weaknesses in Webull's customer service, platform ease of use, funding methods, and regulatory protections.
My assessment answers key questions: Is Webull reliable? What trading conditions will you actually get? Who is this broker best for? I found its platform modern and well-regulated under CIRO, but the lack of forex, CFDs, or crypto is a drawback if you want more asset variety. These conclusions are based on real usage—not just theory—so you have my honest, experience-driven take when comparing Webull to other regulated brokers.
Webull at a Glance
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| Fonctionnalité | Détail |
|---|---|
| 💰 Minimum deposit | No minimum deposit required for standard accounts |
| 🛡️ Regulation | CIRO (Canada); CIPF member |
| 🪙 Crypto licence | Not offered (no crypto trading for Canadian users) |
| 📝 FSMA registration | Not registered |
| 📈 Assets available | Canadian & US stocks, ETFs, US options, 450+ OTC securities |
| 📊 Trading platforms | Webull Desktop, Web, Mobile App (iOS/Android) |
| 🛠️ Trading tools | Advanced charting, technical analysis, real-time data, watchlists, community insights |
| 🧪 Demo account | Not explicitly advertised for Canada (paper trading available in US version) |
| ☪️ Islamic account | Not available |
| 📝 Key order types | Market, limit, stop, stop-limit, trailing stop, OCO |
| ⚡ Leverage | Margin trading available (typically up to 2:1 for stocks, per CA regs) |
| 💸 Fees | CA stocks: CAD $2.99/trade; US stocks: $2.99/$3.00 per trade; no deposit/withdrawal/account fees |
| 📞 Customer support | Phone, email, in-app chat; market hours (Mon–Fri, 9:30am–4:00pm ET) |
| ⭐ Trustpilot reviews | 1.6/5 (global; 1,000+ reviews) |
Security & Regulation
Webull offers a secure and reliable environment for Canadian investors primarily due to its CIRO regulation and CIPF membership, which are significant strengths in terms of account protection and overall oversight. Client assets are protected in the event of a broker default, and the platform adheres to strict Canadian regulatory requirements. However, fund protection is confined to standard securities accounts (not extended to crypto or derivatives, since these are not available).
While basic risk management tools like stop orders and two-factor authentication are integrated into the platform, Webull’s range of asset classes is limited to stocks, ETFs, and options. Its public reputation is mixed: although regulation is strong in Canada, global user reviews often mention concerns regarding customer service and withdrawal experiences.
| Indicator | Description | Evaluation |
|---|---|---|
| Regulatory compliance | CIRO regulated, CIPF member; no direct crypto/CFD authorization for CA | 5/5 |
| Fund security | Client funds fully segregated, CIPF-protected for CA securities; no crypto or CFD custody in Canada | 4.5/5 |
| Risk management tools | Stop, limit, trailing stop, two-factor authentication; no negative balance protection for margin accounts | 4/5 |
| Notoriety and coverage | Established brand, but poor global Trustpilot rating (1.6/5, July 2025); mixed user sentiment | 3/5 |
Fees, Spreads & Commissions
Webull adopts a flat-fee commission model that stands out for its transparency, but it is no longer the $0-commission structure available in its US offering. For Canadian users, each trade on US or Canadian stocks and ETFs incurs a set fee, which is clear and predictable, but not necessarily the lowest available among CIRO-regulated brokers. In my view, while the absence of account opening, maintenance, or withdrawal fees helps keep the overall cost competitive for infrequent traders, active traders—especially those with a high monthly volume—can see total fees add up quickly.
When trading Canadian stocks and ETFs, Webull applies a $2.99 CAD flat fee per buy or sell order. For US-listed stocks, the structure shifts to $2.99 USD for buys and $3.00 USD for sells, making round-trip trading more expensive than many competitors. There are also extra micro-fees for ADR custody, as well as standard regulatory charges on US markets, but Webull does not add hidden markups to market spreads.
It’s important to note that Webull does not offer cryptocurrency, forex, or CFD trading in Canada, so there are no swap fees, overnight financing, or cryptocurrency-specific costs. Options and leverage (margin) are available, but margin interest charges are in line with Canadian market norms. For long-term, buy-and-hold investors or those primarily using registered accounts (TFSA/RRSP), Webull’s fee structure is predictable and easy to understand—though not always the lowest available.
What are the account-related fees?
| Fee Type | Conditions at Webull | Market Average |
|---|---|---|
| Opening fee | $0 | $0 |
| Maintenance fee | $0 | $0 to $25/year |
| Withdrawal fee | $0 (via EFT/ACH) | $0 to $10 (EFT/ACH); Wire: $20–$35 |
| Inactivity fee | $0 | $0 to $20/month |
| Currency conversion fee | 0.5%–2% (via market rate markup) | 0.5%–2% |
Trader Tip
Reduce your trading costs by consolidating your orders, especially in US stocks. Small, frequent trades quickly add up due to Webull’s per-trade fee. If you trade primarily US equities, consider comparing total fees with brokers offering per-share pricing or lower flat fees—especially if you operate with high turnover.
What are the fees on stocks and ETFs?
For stock and ETF trading, Webull’s fee structure is transparent but flat, lacking the per-share flexibility or volume rebates offered by some rivals. You pay a predictable fee per trade, without markup on spreads. Beware that the cost for round-tripping a US stock position can be significantly higher than at $0-commission or low-cost brokers, especially for active traders. Overnight fees only apply if trading on margin; there are no custody or stamp duty taxes for Canadian or US securities.
| Fee Type | Conditions at Webull | Market Average |
|---|---|---|
| Commission | $2.99 USD (buy), $3.00 USD (sell) | $0–$6 per trade (varies by broker) |
| Spread fee | $0 (market rate, no markup) | $0–variable |
| Overnight fee | Margin rates: 7%–10% APR (variable) | 6%–12% APR |
| Custody fee | $0 (except ADR: $0.01–$0.03/share) | $0–$25/year |
| UK stamp duty tax | Not applicable for CA/US-listed stocks | $0 (on CA/US); 0.5% (on UK trades) |
Assets & Markets
Webull provides a solid offering for Canadian traders focused on North American equities and ETFs. I appreciate the inclusion of both Canadian and US-listed stocks and the ability to trade options on US markets, which adds strategic flexibility for those interested in basic options strategies. The platform’s access to 450+ OTC securities is also a positive, allowing some exposure to less mainstream US stocks that are not available on every Canadian platform.
A major advantage is the platform’s compliance with CIRO requirements. This ensures RRSP and TFSA account types are available, making Webull compatible with Canadian tax optimization strategies. However, the current range of asset classes is quite narrow. There is no access to forex, commodities, cryptocurrencies, direct bonds, or CFDs— important limitations for more diversified or tactical traders.
Stablecoins, on-chain assets, and NFT products are not available, and exposure to index or commodity markets is only possible indirectly through ETFs. This makes the platform highly specialized for stock and ETF investors, but less suited to traders looking for multi-asset access or international diversification beyond North America.
| Asset Class | Type | Number at Webull | Market Average | Example Assets |
|---|---|---|---|---|
| Stocks | Spot | 2,000+ (CA+US) | 2,000–5,000+ | TSLA, AAPL, SHOP, TD, BNS |
| ETFs | Spot | 200+ | 200–500+ | QQQ, XIU, SPY, VCN, XIC |
| Cryptocurrencies | N/A | 0 | 10–50+ | — |
| Currencies (Forex) | N/A | 0 | 30–70+ | — |
| Commodities | N/A | 0 (only via ETFs) | 5–20+ (CFD brokers) | — |
| Indices | N/A | 0 (only via ETFs) | 5–20+ (CFD brokers) | — |
| Bonds | N/A | 0 | 10–30+ | — |
| Stablecoins | N/A | 0 | 3–10 | — |
| NFTs | N/A | 0 | 1–5 | — |
| Other derivatives | Options | US-listed options | Yes (scope varies) | SPY Calls/Puts, QQQ Calls/Puts |
Trading Tools & Apps
Webull focuses on an integrated multi-device platform with consistent features across web, desktop, and mobile. The mobile app for iOS and Android is exceptionally polished, with a clean and intuitive user interface well-suited for active investors who need fast access to trade management, real-time quotes, and rapid order placement from anywhere.
The desktop and web platforms are particularly strong in technical analysis tools, providing dozens of built-in indicators, customizable layouts, and comprehensive charting. Trades can be placed directly from the chart, and the availability of multiple order types (market, limit, stop, trailing stop, OCO) empowers both day traders and longer-term investors.
Webull stands out for its fluid design and unified experience— it is easy to move seamlessly between desktop and mobile with minimal learning curve. Watchlists and custom alerts are simple to create, and asset search functions are robust, allowing for efficient navigation across Canadian and US stocks, ETFs, and options.
However, Webull in Canada does not offer automation (such as custom scripts, EAs, or APIs), limiting its suitability for algorithmic traders or those seeking advanced portfolio automation. Copy trading, crypto, and staking features are not available, and there is no direct integration with external software like MetaTrader or TradingView for Canadian users.
The lack of Forex, CFD, or crypto products means features like negative balance protection, leverage control, and advanced derivatives tools are not present, but this simplifies the platform for traditional equity and ETF investors.
| Feature | Verified Details |
|---|---|
| Mobile app | Proprietary Webull app for iOS & Android; no MetaTrader/TradingView/crypto wallet for CA users |
| Usability | Fluid, modern, and intuitive interface |
| Compatible software | Proprietary platform only (Web, Desktop, Mobile); no MT4, MT5, TradingView, or API integration in Canada |
| Order types | Market, limit, stop, stop-limit, trailing stop, OCO |
| Charting and technical analysis | 50+ built-in indicators, advanced charting, direct trade from chart |
| Auto trading / Automated strategies | Not available (no EAs, bots, API access, or copy trading in Canada) |
| Algorithmic trading | Not supported (no custom scripting or AI options for CA users) |
| Negative balance protection | Not needed/applicable (no leverage or CFDs; up to 2:1 margin for stocks subject to CIRO/IIROC rules) |
| Trading signals | Community and proprietary watchlists/alerts; no TradingView signals or crypto tools |
| Asset search and filters | Extensive for CA & US stocks, ETFs, options; fast filter and search |
| Spot stock purchase | Yes; direct investment in Canadian and US stocks and ETFs (no CFDs) |
| Staking and earn | Not available (no crypto, no staking or earn features for Canadian users) |
Expert advice
Trip: Take full advantage of Webull’s customizable alerts and watchlists on both desktop and mobile. Using the app to set price alerts and manage your portfolio on the go ensures that you never miss key market moves, even if you are away from your main workstation. Always enable two-factor authentication and test order types in small size before ramping up your trading size or using advanced conditional orders.
Account Opening and Deposits
Account opening
Opening an account with Webull begins with completing a simple online registration form on the website or mobile app, where you’ll provide your basic information such as your name, email, and contact details. You will then proceed to verify your identity by uploading a government-issued photo ID (driver’s license or passport) and a recent proof of address (utility bill, bank statement). As a CIRO-regulated platform, Webull also requires you to complete a regulatory questionnaire relating to your financial profile and experience.
All documents are submitted digitally within the app or platform interface. Most accounts are reviewed and validated in 1 to 2 business days, though times may extend during peak periods. Upon approval, you will receive a confirmation email and can then proceed with funding your account and accessing trading tools.
Good to know
Selecting your preferred base currency (CAD or USD) during account opening can help you avoid unnecessary conversion fees on trades and withdrawals.
| Item | Details |
|---|---|
| Opening procedure | Online application, ID/Proof of address upload, regulatory questionnaire |
| Validation time | 1–2 business days (occasionally longer during high demand) |
| Accepted deposit methods | Bank transfer (EFT/ACH), no credit card or crypto funding |
| Minimum required deposit | $0 for standard accounts; $100,000 for entity accounts |
| Required documents | Government-issued ID, proof of address, Social Insurance Number (for tax reporting) |
| Practical tip | Ensure your document photos are clear and match exactly with registration info |
Deposits and withdrawals on Webull
Deposits and withdrawals at Webull are managed entirely via bank transfer, with support for both Electronic Funds Transfer (EFT) and Automated Clearing House (ACH) options. All funds must be in CAD or USD, and you can link a Canadian bank account directly from the Webull app. Deposits typically take 3 to 5 business days to clear, while withdrawals are processed in 2 business days once approved.
No deposit or withdrawal fees are charged by Webull on standard transfers, but make sure to check if your bank applies any outbound or inbound wire charges. There are currently no options for credit card, e-wallet, or crypto funding on Canadian accounts, and Webull does not offer an integrated crypto wallet or fiat-to-crypto conversion for CA users.
Good to know
Confirm your selected base currency before transferring funds to minimize FX fees, and allow extra time for bank clearing—especially around public holidays or market events.
| Payment method | Accepted currencies | Minimum amount | Processing time | Possible fees |
|---|---|---|---|---|
| Credit card | Not accepted | — | — | — |
| Bank transfer (EFT/ACH) | CAD, USD | $0 | 3–5 business days (deposit); 2 business days (withdrawal) | None (bank fees may apply) |
| E-wallets | Not accepted | — | — | — |
| Stablecoins or cryptos | Not accepted | — | — | — |
| Other local options | Not available | — | — | — |
Account Types
Webull is a modern, CIRO-regulated brokerage tailored for Canadian investors, focused primarily on stocks, ETFs, and options listed in Canada and the US. Unlike CFD/Forex brokers or crypto platforms, Webull does not offer foreign exchange, commodities, cryptocurrencies, or staking products for Canadian users. Its standout options include standard cash and margin accounts as well as tax-advantaged accounts such as RRSP and TFSA, all accessible through feature-rich web, desktop, and mobile platforms.
| Account Type | Available | Main Features |
|---|---|---|
| Demo account | ❌ | Not clearly advertised for Canadian users (paper trading available only in US app) |
| Standard account | ✅ | Individual account, real trading in CA/US stocks, ETFs, and options, $0 minimum deposit |
| Raw ECN account | ❌ | Not available (Webull does not offer direct market ECN Forex or CFD trading) |
| Islamic account | ❌ | Not available for Canadian clients |
| Professional account | ✅ | Entity/corporate account (minimum $100,000 deposit, ongoing $50,000 equity) |
| CFD account | ❌ | Not available (Webull does not offer CFD trading for Canadian users) |
| Classic securities account | ✅ | Standard for stocks, ETFs, and options |
| Staking/earn account | ❌ | Not available (no crypto, staking, or earn products offered in Canada) |
| Cold storage account | ❌ | Not available (Webull does not provide crypto wallet or custody |
| Tax-advantaged account | ✅ | Registered accounts: RRSP & TFSA, with Canadian tax benefits |
| Accepted base currencies | ✅ | CAD and USD supported; all accounts denominated in either CAD or USD |
Expert advice
Trip: If you want to benefit from Canadian tax advantages, compare RRSP and TFSA accounts on Webull before opening—each has different contribution limits and tax rules. Standard and margin accounts suit active traders, but classic or registered accounts provide added long-term value for investors building wealth in Canada.
How Webull Compares to Competitors
| Webull | Moomoo | Eightcap | FP Markets | |
|---|---|---|---|---|
| Minimum deposit | $0 | $0 | $100 USD | $100 USD |
| Number of instruments | Stocks, ETFs, Options (CA & US) | Stocks, ETFs, Options (CA & US) | 800+ (Forex, Stocks, Indices, Crypto, CFDs) | 70+ (Forex, Indices, Commodities, CFDs) |
| Spreads (examples) | – | – | EUR/USD: From 0.0 pips (Raw), 1.0 pips (Standard); Gold: From 10¢; S&P 500: 0.4 pt | EUR/USD: From 0.0 pips (Raw), 1.0 pips (Standard); Gold: From 16¢; S&P 500: 0.4 pt |
| Trading platforms | Webull Web, Desktop, Mobile | Proprietary Web, Desktop, Mobile | MT4, MT5, TradingView | MT4, MT5, Iress |
| Regulation | CIRO (Canada), CIPF | CIRO (Canada), CIPF | FCA, ASIC, SCB (not CIRO) | ASIC, CySEC, FSA (not CIRO) |
| Demo account | ❌ | ✅ | ✅ | ✅ |
| Copy trading | ❌ | ❌ | ❌ | ✅ |
| Read the review | Read the review Moomoo | Read the review Eightcap | Read the review FP Markets |
Customer reviews
Webull holds a Trustpilot rating of 1.6 out of 5, based on over 1,000 reviews globally.
Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :
- Account opening is fast and fully digital
- Competitive access to both Canadian and US stocks and options
- Integration of TFSA and RRSP account types for Canadian investors
- User-friendly mobile and desktop applications
- Responsive during straightforward account operations
En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :
- Limited asset selection (no forex, no crypto, no international stocks)
- Trading fees higher than some competitors, especially for frequent trades
- Occasional technical glitches with the platform or login process
- Slow or difficult customer support response when issues arise
- Problems with deposit/withdrawal processing or unexpected account restrictions
Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :
M.L. – 19/03/2025 : “Opening my account with Webull was easy, but I was disappointed that there’s no access to crypto or forex. The tools work well for basic stocks.”
R.T. – 28/02/2025 : “Customer service is nearly impossible to reach when you have a problem. I also found the trading fees surprisingly high for a platform that markets itself as low-cost.”
J.S. – 06/01/2025 : “The app is visually appealing and trades go through smoothly, but I had an issue withdrawing my funds that took weeks to resolve.”
FAQ
Is Webull regulated in CA?
Yes, Webull Securities (Canada) Limited is regulated by the Canadian Investment Regulatory Organization (CIRO), providing investor protection and oversight. It is also a member of the Canadian Investor Protection Fund (CIPF), which covers eligible client accounts.
What is the minimum deposit on Webull?
For standard individual accounts, there is no minimum deposit required. This makes Webull highly accessible for new investors in Canada. However, entity accounts require a much higher minimum deposit and equity balance.
Does Webull offer a welcome bonus?
Currently, Webull does not offer a welcome bonus or free stock promotions to Canadian users. Promotional offers may be available in other regions, so it is best to check directly with Webull for any updates.
How does leverage work on Webull?
Leverage on Webull is available through margin accounts, allowing you to borrow funds to invest in certain stocks. In Canada, leverage is regulated and usually limited to a maximum of 2:1 for stocks due to local rules, helping manage risk.
How does Webull make money?
Webull earns revenue mainly through trading commissions, especially the CAD $2.99 fee for Canadian stock trades and similar fees for US stocks. The platform may also generate income from margin interest, payment for order flow, and other service fees.
Who is behind Webull?
Webull is owned by Webull Corporation, an international fintech company headquartered in New York with global subsidiaries. The Canadian entity is a registered dealer regulated locally, but the group operates globally across several markets.
When was Webull launched?
Webull was launched in 2017, initially serving US retail investors and expanding to Canada with localized features and regulatory approval in 2023.
Does Webull offer copy trading or social trading?
No, Webull does not currently offer copy trading, PAMM accounts, or social trading features to Canadian users. The platform focuses on self-directed stock and ETF investing with advanced charting tools.
How can I contact Webull’s customer service?
You can reach Webull’s customer support via phone at +1 (888) 228-0958, by email at support@webull.ca, or directly through in-app messaging. Customer service is available during Canadian market hours to address account and technical queries.
Does Webull offer any promotions or referral programs?
At this time, Webull does not advertise a referral or promotional program for Canadian clients. Offers may be available in other countries, but Canadian availability should be confirmed on the official Webull website.
Is Webull regulated in CA?
Yes, Webull Securities (Canada) Limited is regulated by the Canadian Investment Regulatory Organization (CIRO), providing investor protection and oversight. It is also a member of the Canadian Investor Protection Fund (CIPF), which covers eligible client accounts.
What is the minimum deposit on Webull?
For standard individual accounts, there is no minimum deposit required. This makes Webull highly accessible for new investors in Canada. However, entity accounts require a much higher minimum deposit and equity balance.
Does Webull offer a welcome bonus?
Currently, Webull does not offer a welcome bonus or free stock promotions to Canadian users. Promotional offers may be available in other regions, so it is best to check directly with Webull for any updates.
How does leverage work on Webull?
Leverage on Webull is available through margin accounts, allowing you to borrow funds to invest in certain stocks. In Canada, leverage is regulated and usually limited to a maximum of 2:1 for stocks due to local rules, helping manage risk.
How does Webull make money?
Webull earns revenue mainly through trading commissions, especially the CAD $2.99 fee for Canadian stock trades and similar fees for US stocks. The platform may also generate income from margin interest, payment for order flow, and other service fees.
Who is behind Webull?
Webull is owned by Webull Corporation, an international fintech company headquartered in New York with global subsidiaries. The Canadian entity is a registered dealer regulated locally, but the group operates globally across several markets.
When was Webull launched?
Webull was launched in 2017, initially serving US retail investors and expanding to Canada with localized features and regulatory approval in 2023.
Does Webull offer copy trading or social trading?
No, Webull does not currently offer copy trading, PAMM accounts, or social trading features to Canadian users. The platform focuses on self-directed stock and ETF investing with advanced charting tools.
How can I contact Webull’s customer service?
You can reach Webull’s customer support via phone at +1 (888) 228-0958, by email at support@webull.ca, or directly through in-app messaging. Customer service is available during Canadian market hours to address account and technical queries.
Does Webull offer any promotions or referral programs?
At this time, Webull does not advertise a referral or promotional program for Canadian clients. Offers may be available in other countries, but Canadian availability should be confirmed on the official Webull website.
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