Webull vs. Robinhood: 2021 Comparison

Webull and Robinhood both offer free trading of stocks, options and ETFs. Robinhood targets beginner investors, while Webull offers more advanced trading tools.

Chris DavisApr 26, 2021
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Webull and Robinhood have many similarities, but there’s one major difference: Webull offers more sophisticated trading features geared toward intermediate and advanced traders, while Robinhood provides a bare-bones trading platform for new investors looking for a streamlined experience. Each has its pros and cons, depending on which category of investor you fall into. See our full comparison of Robinhood and Webull below.

Webull
NerdWallet rating 

on Webull's website

Webull is best for:

  • Intermediate investors.

  • Active traders.

  • Options traders.

  • Cryptocurrency traders.

Webull at a glance

Account minimum

$0

Stock trading costs

$0

Options trades

$0

Account fees (annual, transfer, closing, inactivity)

No annual or inactivity fees; $75 full/partial transfer fee.

Tradable securities

  • Stocks.

  • ETFs.

  • Options.

  • Cryptocurrency.

  • ADRs.

Number of commission-free ETFs

Hundreds of ETFs trade commission-free

Number of no-transaction-fee mutual funds

None

Trading platform

Browser-based and downloadable desktop platforms available with advanced charts, indicators, screeners and customization.

Mobile app

Mobile app offers advanced features including charts and indicators, paper trading, price alerts and voice command.

Research and data

News, research and analysis available from Nasdaq Totalview, Thomson Reuters, Refinitiv, Lipper, OPRA (real-time quotes available free with one or more options trades per month), OTC Bulletin Board

Customer support options (includes website transparency)

24/7 phone and email, chat available in mobile app.

Robinhood
NerdWallet rating 

on Robinhood's website

Robinhood is best for:

  •  Mobile users.

  • Individual taxable accounts.

  • Margin accounts.

  • Cryptocurrency.

Robinhood at a glance

Account minimum

$0 for brokerage account and for Robinhood Gold account; $2,000 for a margin account (regulatory minimum).

Stock trading costs

$0.

Options trades

$0.

Account fees (annual, transfer, closing, inactivity)

No annual, inactivity or ACH transfer fees. $75 ACAT outgoing transfer fee. (Robinhood Gold costs $5 a month.)

Tradable securities

• Stocks. • ETFs. • Options. • Cryptocurrency. • American Depositary Receipts for over 250 global companies.  • Fractional shares

Number of commission-free ETFs

All available ETFs trade commission-free.

Number of no-transaction-fee mutual funds

None.

Trading platform

Web platform is purposely simple but meets basic investor needs.

Mobile app

Mobile trading platform includes customizable alerts, news feed, candlestick charts and ability to listen live to earnings calls.

Research and data

News available from WSJ Markets, Reuters, Barron's, CNBC Business and Cheddar. Gold members have access to research from Morningstar, Nasdaq, Nasdaq Totalview level II Market Data for an additional $5 per month.

Customer support options (includes website transparency)

Email and social media.