Webull vs. TD Ameritrade: 2023 Comparison
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Webull and TD Ameritrade are both impressive options for investors. But below, we'll compare these two brokers head-to-head to help you decide which is best for you. Webull offers crypto, and boasts some of the lowest fees among brokerages, but it lacks access to mutual funds. TD Ameritrade offers extensive educational materials and a wide variety of low-cost mutual funds, but no direct access to cryptocurrencies.
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 |
|
Number of no-transaction-fee mutual funds | Not rated. |
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 several sources including Nasdaq Totalview, Morningstar and Dow Jones. |
Customer support options (includes how easy it is to find key details on the website) | 24/7 phone, email and chat. |
» Read our full review of Webull
TD Ameritrade is best for:
Beginner investors.
Advanced traders.
Investor education/advice.
Fund investors.
TD Ameritrade at a glance
Account minimum | $0 |
Stock trading costs | $0 |
Options trades | $0.65 per contract. |
Account fees (annual, transfer, closing, inactivity) | No annual or inactivity fee. $75 full transfer; $0 partial transfer. |
Number of no-transaction-fee mutual funds | More than 1,600. |
Tradable securities |
|
Crypto availability | No direct access to cryptocurrencies, but crypto coin trusts are available over-the-counter, and qualified clients can trade Bitcoin futures from CME. |
Trading platform | Two platforms: TD Ameritrade web and thinkorswim (desktop). |
Mobile app | TD Ameritrade mobile app, TDA thinkorswim app. |
Research and data | Research, analysis, commentary and news available from 15 providers, including Argus, CFRA, Reuters, Vickers and Morningstar. |
Customer support options (includes how easy it is to find key details on the website). | Phone, email and live chat support 24/7. In person at local branches. Support also available via text, Facebook Messenger, Twitter direct message, Apple Business Chat and Amazon Alexa. |
» Read our full review of TD Ameritrade
Want to compare more brokerages? Here's our full list of the best brokers for stock trading.
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We collect data directly from providers through detailed questionnaires, and conduct first-hand testing and observation through provider demonstrations. The questionnaire answers, combined with demonstrations, interviews of personnel at the providers and our specialists’ hands-on research, fuel our proprietary assessment process that scores each provider’s performance across more than 20 factors. The final output produces star ratings from poor (one star) to excellent (five stars).
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