Webull vs. E*TRADE: 2025 Comparison
Webull and E*TRADE from Morgan Stanley both shine for easy-to-use trading platforms. Educational resources, mutual funds and crypto access vary. NerdWallet compares the two brokers.
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Webull and E*TRADE both have easy-to-use trading platforms, which is always a plus. But below, we'll compare these two brokers head-to-head in more detail to help you decide which might be best for you.
Webull has a slick website and app, but it's short on educational resources and doesn't offer mutual funds. For that reason, the broker may not be a good fit for beginner investors. But outside of that group, Webull's sister app Webull Pay offers access to 8 cryptocurrencies that can be traded for USD.
E*TRADE offers access to crypto-related products, but not actual cryptocurrencies. The broker does offer top-notch educational resources and a vast selection of no-transaction-fee mutual funds, making it a strong choice for both newer and and advanced investors alike.
Webull is best for
Intermediate investors.
Active traders.
Options traders.
Webull at a glance
Account minimum | $0. |
Stock trading costs | $0. |
Options trades | $0 per trade and $0 per contract on equity options. $0.55 per contract on non-equity options such as index options. |
Account fees | Annual fee: $0. Inactivity fee: $0. Outgoing transfer fee (partial or full): $75. |
Interest rate on uninvested cash | 4.1% for Premium users. 3.75% for non-Premium users with assets totaling more than $25,000, and 0.5% below that. |
Number of no-transaction-fee mutual funds | None; mutual funds not available. |
Tradable securities | Stocks, ETFs, Treasury bonds, Options, ADRs, Crypto (via Webull Pay), Futures |
Trading platform | Three: Web, desktop and mobile. |
Mobile app | Available for iOS and Android. |
Research and data | More than a dozen providers, including Benzinga, Nasdaq Total View, S&P, Dow Jones and CBOE. |
Customer support options (includes how easy it is to find key details on the website) | Customer support is available by phone from 9:00 a.m. Eastern time to 4:15 p.m. Email and an in-app help center are available 24/7. |
» Read our full review of Webull
E*TRADE is best for:
Frequent traders.
Research and data.
Retirement planning assistance and educational resources.
E*TRADE at a glance
Account minimum | $0 |
Stock trading costs | $0 |
Options trades | $0.65 per contract (volume discount available) |
Account fees (annual, transfer, closing, inactivity) | Annual fee: $0 Inactivity fee: $0 Outgoing transfer fee (partial or full): $75 |
Interest rate on uninvested cash | 0.01% to 0.15% |
Number of no-transaction-fee mutual funds | Over 6,000 |
Tradable securities | Stocks, mutual funds, ETFs, options, bonds, futures |
Trading platform | Two: E*TRADE and Power E*TRADE |
Mobile app | Available for iOS and Android |
Research and data | Nine research providers, including Moodys, Refinitiv, Morningstar, MarketEdge and Smart Consensus |
Customer support options (includes how easy it is to find key details on the website) | 24/7 phone support; live chat Monday through Friday, 8:00 a.m. to 8:00 p.m. Eastern. |
» Read our full review of E*TRADE
Want to compare more brokerages? Here's our full list of the best brokers for stock trading.
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