Webull is a trading and investing app offering commission-free access to US stocks, ETFs, options, and cryptocurrencies. Originally launched in 2016, Webull Corporation went public on Nasdaq in 2025 via a SPAC merger and relocated its global headquarters from New York to St. Petersburg, Florida, in 2023.
The platform is aimed at more active, self-directed traders and provides advanced charting with technical indicators, Level 2 market data, extended-hours trading, margin accounts, options trading tools, a paper-trading simulated mode, and IRA accounts. Webull Financial LLC, the US broker-dealer entity, is a member of FINRA and SIPC, and crypto trading is handled through a separate Webull Pay entity. Core trading is commission-free; Webull earns revenue through payment for order flow, margin interest, and optional subscriptions for premium market data and research.
Webull is available on iOS, Android, and desktop and web, and also offers an OpenAPI for developers who want to build automated or algorithmic trading tools on top of the platform. It primarily serves the US market, with regional Webull entities operating in a handful of other countries under local regulation. An account is required to trade, and margin or options trading requires additional approval.