Moomoo vs. Webull Overview
Key takeaways:
• A self-directed account can be opened at either Webull or moomoo.
• Webull, but not moomoo, also offers robo accounts.
• Great trading software will be found at both brokerage firms.
If you’re looking for a new securities account, Webull and moomoo are worth checking out. The following comparison is a quick overview of these two trading powerhouses.
Cost Comparison
| Broker Fees |
Stock/ETF
Commission |
Mutual Fund
Commission |
Options
Commission |
Maintenance
Fee |
Annual IRA
Fee |
|
Moomoo
|
$0
|
na
|
$0.50 per contract
|
$0
|
$0
|
|
Webull
|
$0
|
na
|
$0 per contract
|
$0
|
$0
|
Services
| Broker Review |
Cost |
Investment Products |
Trading Tools |
Customer Service |
Research |
Overall Rating |
|
Moomoo
|
|
|
|
|
|
|
|
Webull
|
|
|
|
|
|
|
Promotions
Moomoo:
8.1% APY and up to $1,000 in FREE NVIDIA stock at Moomoo.
Webull:
Get 4% deposit or transfer match at Webull.
Available Investments
At Webull and moomoo, self-directed traders can buy and sell:
• Option contracts, including both equity and index contracts
• Stocks, including over-the-counter securities (moomoo also offers some foreign exchanges)
• Exchange-traded funds
• Closed-end funds
• Crypto-currencies
Webull goes a little further than moomoo with trading in money market funds, Treasury bonds, and
futures contracts.
Then there is portfolio management. Moomoo does not offer any type of investment advice; Webull, on the other hand, does offer managed accounts. These accounts are all robo accounts, meaning that software chooses securities, all of which are low-cost ETFs.
Winner: Webull
Website Tech
Webull’s website is well organized with an easy-to-use menu at the top. A tab for Live Quotes is here, and clicking on it produces a large set of data on many securities and other asset classes. A Learn tab is a good option for beginners, and the WebTrade tab opens the broker’s very good browser-based platform.
On WebTrade, we found a lot of useful features, including these:
• Multiple watchlists
• News articles
• Several trade tickets with advanced orders, such as trailing and stop
• Options layout
• Simulated-trading mode
• Market news with heat maps
• Security screener with bond, stock, and option modes
The moomoo site does not have a browser platform, and the website does not offer any live trading, so the experience is clearly more limited. There is paper trading, though. The site also has a lot of useful research tools that can help beginners and experienced traders alike. During our test drive, we found these features:
• On-demand videos from Bloomberg and other media outlets
• Economic calendar
• Articles from Barron’s, The Wall Street Journal, and others
• Self-guided educational courses
• List of recent institutional trades
• Heat maps of multiple national exchanges
Winner: Webull
Desktop Software
Moomoo clients can trade on the broker’s desktop program. It includes a lot of useful tools. The Watchlist page is a good place to start; here, there are many lists across multiple national exchanges, including America, Singapore, and Hong Kong. Other tabs in the left-hand column include Paper (for simulated trading), News, Community (for social networking), Paperfolio (for simulated investing), Options, and Markets. Charts and the platform’s order ticket are both very advanced.
The Webull desktop environment also has very advanced charting and order entry. During our testing, we found no less than 6 trade tickets, each with its own features; one ticket is designed for futures trading.
Charts on the Webull platform can be expanded the full width of the monitor and include a large number of technical indicators, including HVIV (historical volatility/implied volatility) and RVOL (relative volume).
Winner: This one is very close
Mobile Apps
From desktop software to mobile software, we get another strong experience—times two. Moomoo’s app has many of the same useful tools we saw on its desktop system, including the digital bulletin board, the same watchlists, and the same advanced order ticket. Among the order choices, we found trailing stop limit and VWAP (volume weighted average) trade types.
There is a very good security screener for options, ETFs, and stocks on the app (look under the Markets tab in the bottom menu). The News tab has lots of market news, including a list of upcoming earnings releases.
Webull’s mobile app has many similar tools that we found on moomoo’s. For example, social networking is available on the Webull app. Charts and order entry are on a high level. Webull’s trade ticket has conditional orders, which don’t appear on moomoo’s platform. Option spreads can be traded on either platform.
Winner: Very close here, too
Margin
A brokerage account at either firm in this faceoff can be set up on a cash or margin basis. Margin makes it possible to short stocks, trade advanced option spreads, and use leverage on long positions. Software at both firms shows margin details on individual securities for both long and short positions.
The cost of borrowing is where these two firms differ. Webull charges interest on
a sliding scale that starts at 8.74% (for loans below $25,000) and ends at 4.74% (for loans above $3 million). Moomoo has a flat schedule at exactly 6.8% for any loan amount.
Winner: Moomoo
Supplementary Services
Dividend Reinvestment Plan: Moomoo and Webull clients can set up automatic dividend reinvesting (at moomoo, the service is restricted to the stocks that appear in the S&P 500 Index).
Fully-Paid Stock Lending: Available in Webull brokerage accounts.
IRA Service: Only Webull has Individual Retirement Accounts.
Fractional Shares: Whole-dollar trades are possible at either brokerage house.
Extended-hours Trading: Investors at both broker-dealers can trade before the opening bell and after the closing bell.
Initial Public Offerings: Both firms offer IPO trading, too.
Winner: Webull
Promotions
moomoo:
8.1% APY and up to $1,000 in FREE NVIDIA stock at Moomoo.
Webull:
Get 4% deposit or transfer match at Webull.
Our Recommendations
Small Investors: Both brokerage firms in this survey are good options for small accounts. Webull’s robo program Smart Advisor does require $100 to start.
Beginners: An automated account with Webull is a good way to begin investing.
Stock and ETF Trading: We recommend either brokerage firm with its desktop platform.
Retirement Savers & Long-Term Investors: Although Webull does have IRAs, they are
the extent of the company’s retirement service. We would skip both firms in this comparison and
head to Charles Schwab.
Mutual Funds: Firstrade would be a good pick. The broker has thousands of funds.
End Result
Webull and moomoo are high-powered brokerage firms that deliver a lot of great trading tools at low cost. Webull is the clear choice for managed accounts.
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Updated on 1/5/2026.
Chad Morris is a financial writer with more than 20 years experience
as both an English teacher and an avid trader. When he isn’t writing
expert content for Brokerage-Review.com, Chad can usually be found
managing his portfolio or building a new home computer.
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