My opinion on Webull
Webull Canada offers a well-established trading platform for Canadian investors, known for its robust charting, user-friendly mobile experience, and comprehensive access to Canadian and US stocks, ETFs, and options. The main appeal is its advanced trading tools and zero account minimum for individuals, but fees per trade are higher than discount rivals. Regulation and security are strong: Webull Canada is authorized by CIRO and covered by CIPF, instilling confidence for both beginners and experienced traders since its launch in 2022; over hundreds of thousands use its services globally. On Trustpilot, Webull has a score of 2.5/5 from 298 reviews, reflecting mixed experiences, with positives in usability tempered by feedback on fees and customer support. Compared to mainstream competitors, Webull excels with its research tools and platform sophistication, though its flat-fee pricing and limited asset classes make it less cost-effective for frequent traders or those seeking diversification beyond stocks, ETFs, and options. In my experience, this broker is best suited to the following trader profiles:
➡️ Beginners: Webull’s intuitive mobile and desktop platforms, plus a free paper trading account, let new traders learn and practice without risking real capital. ➡️ Active stock and ETF traders: For those trading primarily North American stocks and ETFs, Webull’s real-time data, customizable analysis tools, and variety of order types are ideal. ➡️ Intermediate users who value research: Webull’s integrated analysis tools, advanced charting, and seamless execution empower self-directed investors comfortable making independent decisions.
- ✅No minimum deposit required for individual accounts
- ✅Regulated by CIRO and covered by CIPF for strong investor protection
- ✅Wide range of Canadian and US-listed stocks, ETFs, options, and OTC securities
- ✅Multiple account types (Margin, Cash, RRSP, TFSA) cater to Canadian investors
- ✅Advanced charting tools and in-depth research features
- ✅User-friendly, modern platforms (mobile app, desktop, web)
- ✅Free demo (paper trading) mode for learning and strategy testing
- ✅No deposit or withdrawal fees for EFT transfers
- ❌Trading fees of CAD $2.99 (Canada) or USD $2.99 (US) per trade are higher than typical discount brokers
- ❌No forex, CFD, commodity, or crypto trading for Canadian users; only stocks, ETFs, options, and OTC securities
- ❌No copy trading or Islamic (swap-free) accounts
- ❌Limited customer support hours and mixed user feedback regarding response speed
Score- ✅No minimum deposit required for individual accounts
- ✅Regulated by CIRO and covered by CIPF for strong investor protection
- ✅Wide range of Canadian and US-listed stocks, ETFs, options, and OTC securities
- ✅Multiple account types (Margin, Cash, RRSP, TFSA) cater to Canadian investors
- ✅Advanced charting tools and in-depth research features
- ✅User-friendly, modern platforms (mobile app, desktop, web)
- ✅Free demo (paper trading) mode for learning and strategy testing
- ✅No deposit or withdrawal fees for EFT transfers
My opinion on Webull
- ✅No minimum deposit required for individual accounts
- ✅Regulated by CIRO and covered by CIPF for strong investor protection
- ✅Wide range of Canadian and US-listed stocks, ETFs, options, and OTC securities
- ✅Multiple account types (Margin, Cash, RRSP, TFSA) cater to Canadian investors
- ✅Advanced charting tools and in-depth research features
- ✅User-friendly, modern platforms (mobile app, desktop, web)
- ✅Free demo (paper trading) mode for learning and strategy testing
- ✅No deposit or withdrawal fees for EFT transfers
- ❌Trading fees of CAD $2.99 (Canada) or USD $2.99 (US) per trade are higher than typical discount brokers
- ❌No forex, CFD, commodity, or crypto trading for Canadian users; only stocks, ETFs, options, and OTC securities
- ❌No copy trading or Islamic (swap-free) accounts
- ❌Limited customer support hours and mixed user feedback regarding response speed
Score- ✅No minimum deposit required for individual accounts
- ✅Regulated by CIRO and covered by CIPF for strong investor protection
- ✅Wide range of Canadian and US-listed stocks, ETFs, options, and OTC securities
- ✅Multiple account types (Margin, Cash, RRSP, TFSA) cater to Canadian investors
- ✅Advanced charting tools and in-depth research features
- ✅User-friendly, modern platforms (mobile app, desktop, web)
- ✅Free demo (paper trading) mode for learning and strategy testing
- ✅No deposit or withdrawal fees for EFT transfers
➡️ Beginners: Webull’s intuitive mobile and desktop platforms, plus a free paper trading account, let new traders learn and practice without risking real capital. ➡️ Active stock and ETF traders: For those trading primarily North American stocks and ETFs, Webull’s real-time data, customizable analysis tools, and variety of order types are ideal. ➡️ Intermediate users who value research: Webull’s integrated analysis tools, advanced charting, and seamless execution empower self-directed investors comfortable making independent decisions.
Why trust Hellosafe?
I personally opened and funded a Webull account, using both the app and desktop platform to place real trades and test out every available feature. I spent time comparing charting tools, researching both US and Canadian stocks, and evaluating how transparent the fee structure actually felt while I traded.
During my review, I made deposits and withdrawals, contacted customer support through the app and by phone, and checked how fast and helpful the responses were. I didn’t just look at what Webull advertises—I compared my experience with other regulated brokers in Canada, including how Webull’s platform and pricing stack up for both beginners and more active traders.
My impressions are shaped by real usage: where Webull delivers smooth execution and market data, where the fee structure stands compared to the competition, and what might be missing for those wanting more asset choices or quicker support. Everything here reflects my direct, hands-on test—not just what’s on the website or in marketing materials.
Webull at a glance
| Fonctionnalité | Détail |
|---|---|
| 💰 Dépôt minimum | No minimum (individual accounts); $100,000 for entity accounts |
| 🛡️ Régulation | CIRO (Canadian Investment Regulatory Organization) |
| 🪙 Licence crypto | Not available; only crypto market data and charts (no trading) |
| 📃 Enregistrement FSMA | Not registered |
| 📈 Actifs disponibles | Canadian/US stocks, ETFs, US-listed options, 450+ OTC securities |
| 📊 Plateformes de trading | Webull App (iOS, Android), Webull Desktop, Webull Web Platform |
| 🛠️ Outils de trading | Real-time data, advanced charting, watchlists, paper trading, research |
| 📝 Compte démo | Yes (paper trading, no specified time or capital limit) |
| 🕌 Compte islamique | Not available |
| 🏁 Ordres clés | Market, limit, stop, stop-limit, trailing stop, OCO |
| ⚡ Effet de levier | Not specified; margin trading available but details not public for Canada |
| 💸 Frais | $2.99 CAD/trade (Canada); $2.99 USD/trade (US); $50 NSF fee |
| 📞 Support client | Phone, email, in-app message; available during market hours |
| 🌟 Avis Trustpilot | 2.5 / 5 (approx. 298 reviews) |
Security & Regulation
Webull offers security and reliability that align with the standards set by Canadian regulatory authorities. As a CIRO-regulated broker and a member of the Canadian Investor Protection Fund (CIPF), Webull provides institutional-level client protection for Canadian accounts, delivering confidence in the event of firm insolvency. All customer funds are held in segregated accounts and are not mixed with the broker’s operational capital—a required best practice in the Canadian investment industry.
Risk management features are reasonable for an equities and options broker, with a robust suite of order types including stop and stop-limit, and strong two-factor authentication options. However, Webull does not support trading in forex, commodities, or cryptocurrencies for Canadian clients, so there is no need for cold wallet storage or crypto-specific safeguards.
Webull’s reputation in Canada is solidifying, though user feedback is somewhat mixed, often reflecting platform usability and fee structure rather than security issues. Its global track record is well established, and the broker’s ongoing compliance with tier-1 North American standards reinforces its trustworthiness, particularly for stock and ETF investors.
| Indicator | Description | Evaluation |
|---|---|---|
| Regulatory compliance | Regulated by CIRO, CIPF member, operates fully under Canadian capital markets regulation | 5/5 |
| Fund security | Client funds segregated with major banks; no crypto custody for Canadian users | 4.5/5 |
| Risk management tools | Comprehensive equity/ETF order types, 2FA, no negative balance on equities | 4/5 |
| Notoriety and coverage | Growing presence, moderate user reviews (2.5/5 Trustpilot), established North American brand | 3.5/5 |
Fees, Spreads & Commissions
Webull’s fee structure in Canada centers around flat commissions for stock and ETF trading, setting it apart from commission-free models popular with some competitors. For every Canadian or US-listed stock or ETF, I pay $2.99 per trade, which is simple and transparent but may be less competitive for active or high-frequency traders. There are no account opening or maintenance fees, which helps keep entry costs low, but the per-trade charges can add up, particularly for smaller transactions or those who execute frequent trades.
Hidden costs are minimal—there are no deposit or withdrawal fees when using EFT. However, currency conversion rates can be a significant consideration for Canadians trading US-listed assets, as exact rates are not disclosed in advance. This is typical for the market, but still affects overall returns, especially for those who switch between CAD and USD frequently. For those trading ADRs, a small custody fee of $0.01–$0.03 per share applies, which is standard in the industry.
Webull distinguishes itself with zero inactivity fees and no explicit custody or management charges, making it attractive for occasional traders or those holding investments long term. That said, options like RRSP and TFSA accounts share the same commission structure, which is competitive but not the lowest available for Canadian investors.
Webull does not offer access to forex, commodities, or CFD trading in Canada, and there is no crypto trading functionality. As a result, its fee framework is best suited to straightforward stock and ETF investors rather than multi-asset or active day traders looking for the tightest spreads and lowest per-trade costs.
What are the account-related fees?
| Fee Type | Conditions at Webull | Market Average |
|---|---|---|
| Opening fee | $0 | $0–$50 |
| Maintenance fee | $0 | $0–$10/month |
| Withdrawal fee | $0 (EFT) | $0–$35 |
| Inactivity fee | $0 | $5–$30/month |
| Currency conversion fee | Not disclosed (spread applies) | 0.3%–1% |
Tip
For long-term investors who trade infrequently, Webull’s transparent flat fee structure means you don’t need to worry about hidden costs. But if you plan to make frequent or high-volume trades, compare total commission costs versus brokers offering free trades—especially when buying US-listed securities using CAD.
What are the fees on stocks and ETFs?
Stock and ETF trading is the core at Webull in Canada. The $2.99 per-trade commission (US or Canadian securities) is clear and predictable. There are no custody or overnight fees, and UK stamp duty is not relevant. A minor ADR fee may apply when holding US-listed foreign securities.
| Fee Type | Conditions at Webull | Market Average |
|---|---|---|
| Commission | $2.99/trade (CAD or USD) | $0–$9.99/trade |
| Spread fee | Market spread, no mark-up | Market spread |
| Overnight fee | $0 (no margin interest on cash) | $0 (cash), varies on margin |
| Custody fee | $0; $0.01–$0.03/share for ADRs | $0–$2/month |
| UK stamp duty tax | Not applicable | 0–0.5% (if applicable) |
What are the fees on cryptocurrencies?
Webull does not offer cryptocurrency trading, custody, or wallet services in Canada, so there are no fee implications for crypto traders.
| Fee Type | Conditions at Webull | Market Average (crypto or CFD brokers) |
|---|---|---|
| Buy/sell fees | Not available | 0.1%–0.5% (spot), 0.5%–2% (CFDs) |
| Spread fees | Not available | 0.1%–2% |
| Overnight fees | Not available | Yes, variable |
| Custody fees | Not available | $0–$5/month |
| Transfer fees | Not available | $0–$20 (CFD); withdrawal/mining at exchanges |
What are the fees on CFDs?
CFDs are not available on Webull Canada, so there are no related fees.
| Underlying Asset | Maximum Leverage | Spread at Webull | Overnight Fee | Market Average (CFD brokers) |
|---|---|---|---|---|
| CFD Stocks | Not available | Not available | Not available | $0.01–$0.08/share + swap |
| Gold (XAU/USD) | Not available | Not available | Not available | 0.5–1.5 points |
| Silver (XAG/USD) | Not available | Not available | Not available | 0.05–0.15 points |
| Oil (WTI) | Not available | Not available | Not available | 0.03–0.10 points |
| EUR/USD | Not available | Not available | Not available | 0.5–1.5 pips |
| EUR/GBP | Not available | Not available | Not available | 0.7–2.0 pips |
| USD/JPY | Not available | Not available | Not available | 0.7–1.5 pips |
| GBP/USD | Not available | Not available | Not available | 0.7–2.0 pips |
| BEL 20 (BEL20) | Not available | Not available | Not available | 1–3 points |
| BTC/USD (crypto CFD) | Not available | Not available | Not available | 0.5%–2% |
Assets & Markets
Webull stands out in the Canadian landscape for its comprehensive access to both Canadian and US-listed stocks as well as a robust selection of ETFs, all available for direct spot trading. I value the fact that the platform facilitates both cash and margin accounts, and even offers RRSP and TFSA options, giving investors the flexibility to build portfolios within registered accounts. Webull’s inclusion of hundreds of OTC securities adds further depth to its equity universe, making it practical for those interested in small-cap or less mainstream names.
For options traders, Webull provides direct access to US-listed options, which is a rare strength among commission-based Canadian brokers. The commission structure is straightforward, though not the cheapest in the space, and the absence of stock or ETF CFDs means users are always interacting with underlying assets rather than derivatives—well-aligned with regulated Canadian brokerage practices.
Webull’s platform, while visually attractive and rich in analytics, is limited by the absence of certain asset classes: there is no access to forex, commodity futures, standard indices for trading, or any cryptocurrency or DeFi functionality for Canadians. Crypto price data is available for research, but trading, staking, or wallet services are not supported. For users seeking multi-asset or derivatives exposure, this narrow focus does leave a gap when compared to global full-service or CFD brokers.
Bond trading, stablecoins, and NFT access are not available on Webull Canada. The focus remains squarely on equities, ETFs, and options, which makes the platform more geared toward traditional active investors than those seeking exposure to alternative asset classes, yield generation, or digital asset innovation.
| Asset Class | Type | Number at Webull | Market Average | Example Assets |
|---|---|---|---|---|
| Stocks | Spot | 2,000+ (CA/US/OTC) | 2,000–5,000+ | Shopify, RBC, Tesla, Apple |
| ETFs | Spot | 100+ | 50–200+ | iShares S&P/TSX 60, SPDR S&P 500, QQQ |
| Cryptocurrencies | Not available | 0 (data only) | 10–50+ | – |
| Currencies | Not available | 0 | 20–70 | – |
| Commodities | Not available | 0 | 5–25 | – |
| Indices | Not available | 0 | 5–15 | – |
| Bonds | Not available | 0 | 3–10 | – |
| Stablecoins | Not available | 0 | 2–5 | – |
| NFTs | Not available | 0 | 0–2 | – |
| Other derivatives | US stock options | 500+ (US listed) | 50–1,000+ | SPY options, TSLA calls/puts |
Trading Tools & Apps
Webull’s multi-platform ecosystem—ranging from a robust desktop application to a full-featured mobile app and web interface—offers a cohesive trading experience suitable for modern investors in Canada. The user interface across all devices is intuitive: navigation is streamlined, market data is delivered in real time, and the workspace is highly customizable with advanced charting, personalized watchlists, and a clear portfolio view. This makes the platform equally accessible for beginners and attractive for more experienced retail traders seeking efficiency.
Technical analysis capabilities on Webull are well developed, especially for a direct-access broker rather than a pure trading tool. The platform integrates dozens of technical indicators, drawing tools, and multi-chart layouts, supporting strategies from simple moving averages to more complex overlay studies. Chart interactions are smooth, both on desktop and mobile, and essential order management tools are easily accessible within the chart interface.
Order execution includes a strong set of order types: market, limit, stop, stop-limit, trailing stop, and OCO (One Cancels the Other), matching what is expected from a professional equity and ETF broker. While not as expansive as MetaTrader or TradingView in terms of third-party automation, Webull offers a reliable and responsive system for traditional stock, option, and ETF trading.
A notable limitation for algorithmic and automated traders is the absence of an open API, Expert Advisors, or automated bot trading. Copy trading and social investing functions are also missing from the Canadian offering, putting the focus strictly on individual research and decision-making. For advanced users who prioritize automated strategies, this may be a restrictive aspect compared to more open fintech brokers or specialized algorithmic platforms.
Webull does not currently enable spot or CFD crypto trading, staking, or earn products for Canadian accounts. There is no support for DeFi, crypto wallets, or digital asset integration—only crypto asset price data and charts for research purposes. The platform is strongly oriented toward equity and options markets, rather than multi-asset or alternative asset functionality.
| Feature | Verified Details |
|---|---|
| Mobile app | Webull app for iOS/Android (no MT4/MT5/TradingView/crypto wallet integration) |
| Usability | Fluid, modern interface across desktop, mobile, and web |
| Compatible software | Proprietary Webull platforms only; no MetaTrader, TradingView, or crypto wallet API connection |
| Order types | Market, limit, stop, stop-limit, trailing stop, OCO orders |
| Charting and technical analysis | 50+ built-in indicators; multi-chart view; drawing tools; no external scripting or TradingView plugin |
| Auto trading / Automated strategies | Not available; no bot trading, EAs, or copy trading |
| Algorithmic trading | Not available |
| Negative balance protection | Covered by CIRO/CIPF rules and platform risk controls |
| Trading signals | Basic alerts, news, and reporting; no integrated third-party signal provider |
| Asset search and filters | Advanced search, custom watchlists, sector screens |
| Spot stock purchase | Available; direct execution on Canadian and US stocks/ETFs |
| Staking and earn | Not available |
Tip
Make use of Webull’s paper trading feature to test strategies and get comfortable with order types, especially if you are new to multi-leg options or advanced order management. This risk-free practice environment can help you optimize your desk and mobile navigation for live markets without costly errors.
Account Opening & Deposits
Account opening
Opening an account with Webull in Canada is a fully online process. You begin by filling out the registration form through the Webull app or web platform, providing personal information and selecting your desired account type (cash, margin, RRSP, TFSA). Next, you must verify your identity by submitting a government-issued photo ID, proof of address (such as a utility bill or bank statement), and your Social Insurance Number (SIN). You’ll also need to complete a regulatory questionnaire regarding your financial background and investment experience, as required by CIRO. After uploading the necessary documents, your application will be reviewed by Webull’s compliance team. Validation can take from a few hours up to several days, depending on the accuracy and completeness of your submitted documents. Once your account is approved, you’ll receive a confirmation email with next steps for accessing your account and making your first deposit.
Good to know
For the fastest account approval, ensure your address documents clearly show your name and current address, and that your ID is valid and photo is clear. During periods of high demand, such as market volatility or IPOs, validation times may increase.
| Item | Details |
|---|---|
| Opening procedure | Online registration, identity verification, document upload, regulatory questionnaire, compliance review |
| Validation time | Typically a few hours to several days, depending on documentation and market conditions |
| Accepted deposit methods | EFT (Electronic Funds Transfer) |
| Minimum required deposit | No minimum (individual accounts); entity accounts require $100,000 |
| Required documents | Government-issued ID, proof of address, SIN (for Canadian residents) |
| Practical tip | Use the paper trading (demo) account to familiarize yourself with the platform before trading with real funds |
Deposits and withdrawals on Webull
Webull simplifies deposits and withdrawals for Canadian users by accepting only Electronic Funds Transfer (EFT) linked to a Canadian bank account. Deposits are made in Canadian dollars (CAD), with no conversion fees for CAD funding and withdrawal. There are no deposit or withdrawal fees charged by Webull when using EFT, making the process cost-effective for most users. However, deposit processing can take three to five business days for funds to clear, and withdrawals are typically completed within two business days. Webull does not offer credit card, e-wallet, stablecoin, or cryptocurrency deposit or withdrawal options. There is also no integrated crypto wallet or fiat-to-crypto conversion available for Canadian accounts. All transactions are conducted in CAD, and users should ensure their bank details are entered correctly to avoid delays.
Good to know
Verify that the name on your bank account matches your Webull account exactly to prevent rejected transfers. Plan ahead for deposit/withdrawal delays, especially if you need funds available for time-sensitive trades.
| Payment method | Accepted currencies | Minimum amount | Processing time | Possible fees |
|---|---|---|---|---|
| Credit card | – | – | – | Not available |
| Bank transfer (EFT) | CAD | No minimum (individual); $100,000 (entity) | Deposit: 3–5 business days; Withdrawal: 2 business days | No fee (unless NSF/reversal: $50) |
| E-wallets | – | – | – | Not available |
| Stablecoins/cryptos | – | – | – | Not available |
| Other local options | – | – | – | Not available |
Account Types
Webull offers a selection of account types specifically geared towards Canadian investors, focusing on direct trading of stocks, ETFs, and US-listed options. While Webull is not a CFD, forex, or crypto platform in Canada, it supports both cash and margin accounts as well as popular registered accounts like RRSP and TFSA. Demo (paper trading) accounts are also available, providing access to a risk-free trading environment for both newcomers and seasoned traders seeking to hone their strategies.
| Account type | Available | Main features |
|---|---|---|
| Demo account | ✅ | Risk-free paper trading, simulate trades before using real funds |
| Standard account | ✅ | Cash and margin options, no minimum deposit, access to Canadian and US stocks/ETFs |
| Raw ECN account | ❌ | Not available; no direct ECN or low-latency forex/CFD trading |
| Islamic account | ❌ | Not available; no swap-free or Shariah-compliant accounts |
| Professional account | ❌ | Not available; specialized professional accounts not offered in CA |
| CFD account | ❌ | Not available; no stock CFDs, forex CFDs, or index CFDs |
| Classic securities account | ✅ | Direct trading of Canadian/US stocks and ETFs |
| Staking/earn account | ❌ | Not available; no crypto or staking/DeFi features |
| Cold storage account | ❌ | Not available; no crypto custody or physical digital asset storage |
| Tax-advantaged account | ✅ | RRSP and TFSA options available for Canadian residents |
| Accepted base currencies | – | CAD and USD accounts depending on asset type |
Tip
If you’re deciding between a cash, margin, or tax-advantaged account at Webull, consider your trading frequency, risk tolerance, and long-term goals. For active short-term traders, margin accounts can offer added buying power, while RRSP and TFSA accounts are great for building wealth with tax benefits. Take advantage of demo trading to familiarize yourself with the platform before funding a live account.
Customer reviews
Webull has an overall Trustpilot rating of 2.5 out of 5, based on 298 reviews. Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :
- Easy account opening with no minimum deposit for individuals
- Simple and intuitive trading app and desktop interface
- Access to Canadian and US stocks, ETFs, and US-listed options
- Robust paper trading (demo) functionality
- Solid suite of charting and market analysis tools
En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :
- Customer support can be slow to respond or provide solutions
- Higher trading fees compared to some Canadian competitors
- Limited asset selection (no forex, crypto trading, or commodities)
- Some technical glitches reported on mobile and desktop platforms
- No advanced features like copy trading or real-time international markets
Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :
S.G. – 21/06/2024 : “The platform is easy to use, but customer service can be slow to respond.”
K.T. – 07/05/2024 : “Fees are higher than some competitors, especially for Canadian users.”
J.W. – 14/03/2024 : “Great for US stocks, but limited options for other asset classes.”
FAQ
Is Webull regulated in CA?
Webull operates in Canada as Webull Securities (Canada) Ltd and is regulated by the Canadian Investment Regulatory Organization (CIRO). It is a member of the Canadian Investor Protection Fund (CIPF), offering a level of regulatory security for investors.
What is the minimum deposit on Webull?
For individual accounts in Canada, Webull does not require any minimum deposit to open or maintain your account. This allows new investors to start with any amount they are comfortable investing.
Does Webull offer a welcome bonus?
Webull Canada does not currently advertise a welcome bonus or trading credits for new users as of July 2025. Promotion types may vary over time, so it’s advised to check Webull’s latest offers directly on the platform.
How does leverage work on Webull?
Webull offers margin accounts for eligible Canadian users, allowing certain trades on borrowed funds. However, specific maximum leverage ratios for Canada are not detailed on the site, so investors should review the margin disclosure and account agreement during signup.
How does Webull make money?
Webull earns revenue primarily through trading commissions on stocks and ETFs, as well as other fees like ADR custody charges or margin interest. There are currently no fees for deposits and withdrawals via EFT for individual users.
Who is behind Webull?
Webull Securities (Canada) Ltd is the Canadian entity of Webull, an international fintech company with headquarters in Toronto for its Canadian operations. The broader company is part of the Webull global network, known for its technology-driven investment platforms.
When was Webull launched?
Webull was founded internationally in 2017 and expanded to the Canadian market more recently, with Webull Securities (Canada) Ltd providing regulated brokerage services tailored to Canadian investors.
Does Webull offer copy trading or social trading?
Copy trading and social trading features are not available on Webull Canada. Users can access advanced tools for research and trading, but automated copying of other investors’ strategies is not supported at this time.
How can I contact Webull’s customer service?
Customer support is available to Canadian users by phone during market hours at 888-228-0958, via in-app messaging, or by email at [email protected]. Response times may vary depending on market activity and inquiry volume.
Does Webull offer any promotions or referral programs?
As of July 2025, Webull Canada does not publicly advertise referral or promotional programs specific to Canadian users. Promotional offerings may change, so users are encouraged to review the latest on Webull’s website or app.
Does Webull provide insurance or proof-of-reserve for customer funds?
Webull Canada clients’ assets are protected by CIPF insurance, which covers eligible client accounts up to set limits if the broker fails. Webull does not offer proof-of-reserve attestations, as it does not hold or trade crypto assets for Canadian clients.
Is Webull regulated in CA?
Webull operates in Canada as Webull Securities (Canada) Ltd and is regulated by the Canadian Investment Regulatory Organization (CIRO). It is a member of the Canadian Investor Protection Fund (CIPF), offering a level of regulatory security for investors.
What is the minimum deposit on Webull?
For individual accounts in Canada, Webull does not require any minimum deposit to open or maintain your account. This allows new investors to start with any amount they are comfortable investing.
Does Webull offer a welcome bonus?
Webull Canada does not currently advertise a welcome bonus or trading credits for new users as of July 2025. Promotion types may vary over time, so it’s advised to check Webull’s latest offers directly on the platform.
How does leverage work on Webull?
Webull offers margin accounts for eligible Canadian users, allowing certain trades on borrowed funds. However, specific maximum leverage ratios for Canada are not detailed on the site, so investors should review the margin disclosure and account agreement during signup.
How does Webull make money?
Webull earns revenue primarily through trading commissions on stocks and ETFs, as well as other fees like ADR custody charges or margin interest. There are currently no fees for deposits and withdrawals via EFT for individual users.
Who is behind Webull?
Webull Securities (Canada) Ltd is the Canadian entity of Webull, an international fintech company with headquarters in Toronto for its Canadian operations. The broader company is part of the Webull global network, known for its technology-driven investment platforms.
When was Webull launched?
Webull was founded internationally in 2017 and expanded to the Canadian market more recently, with Webull Securities (Canada) Ltd providing regulated brokerage services tailored to Canadian investors.
Does Webull offer copy trading or social trading?
Copy trading and social trading features are not available on Webull Canada. Users can access advanced tools for research and trading, but automated copying of other investors’ strategies is not supported at this time.
How can I contact Webull’s customer service?
Customer support is available to Canadian users by phone during market hours at 888-228-0958, via in-app messaging, or by email at [email protected]. Response times may vary depending on market activity and inquiry volume.
Does Webull offer any promotions or referral programs?
As of July 2025, Webull Canada does not publicly advertise referral or promotional programs specific to Canadian users. Promotional offerings may change, so users are encouraged to review the latest on Webull’s website or app.
Does Webull provide insurance or proof-of-reserve for customer funds?
Webull Canada clients’ assets are protected by CIPF insurance, which covers eligible client accounts up to set limits if the broker fails. Webull does not offer proof-of-reserve attestations, as it does not hold or trade crypto assets for Canadian clients.
