Webull vs TradeZero (2025)

TradeZero or Webull: which is better? Compare investing accounts, online trading fees, stock broker extended hours, and differences.

Webull vs. TradeZero Introduction

If you want more than just basic trading tools, Webull and TradeZero are two solid choices. Both offer advanced software and a lot more.

Cost

Broker Fees	Stock/ETF Commission	Mutual Fund Commission	Options Commission	Maintenance Fee	Annual IRA Fee
WeBull	$0	na	$0 per contract	$0	$0
TradeZero	$0	na	$0.59 per contract	$0	na

Services

Broker Review	Cost	Investment Products	Trading Tools	Customer Service	Research	Overall Rating
WeBull
TradeZero

Promotions

Webull: Up to $7,500 cash and 20 FREE shares when you make a deposit at Webull.

TradeZero: Trade stocks, options & ETFs for free.

Tradable Assets

TradeZero has a short list of tradable products:

- Options
- ETFs
- Closed-end funds
- Stocks (including OTC and penny shares)

Penny stocks are allowed, though anything under $1 is charged a fee. The Bahamian branch of TradeZero offers crypto.

Webull has the same products TradeZero does, plus Futures and Bonds. No extra fees for penny stocks.

Winner: Webull

Margin Accounts

Both Webull and TradeZero support margin trading. At Webull, you can switch between cash and margin on its website. You can’t do this on TradeZero’s site. Webull also has a $2,000 minimum for margin activation; TradeZero doesn’t.

Both provide margin details for short and long positions on specific tickers. TradeZero’s site has a Reg-T margin calculator under the Tools tab. Webull shows even more info on a security’s profile.

TradeZero has a flat 9% margin rate for all debit balances. Webull has a tiered approach: 8.74% at the low end, dropping to 4.74% at $3 million.

Winner: Debatable

Websites

Neither broker’s website supports direct trading. They mostly handle account management. Webull’s site does have some market news and basic charts. Big-name stocks include detailed data.

Webull vs Tradezero

For trading, both provide platforms you run in your browser. Webull’s has lots of helpful features, like multiple trade tickets. There are seven order types:

- Market
- Limit
- Stop
- Stop limit
- Trailing stop
- Take-profit
- Stop-loss

Webull’s charts can go full screen, and there are many tools to work with.

TradeZero has two browser systems: ZeroWeb and ZeroFree. ZeroWeb costs $59 a month.

TradeZero vs Webull

ZeroWeb is more advanced than ZeroFree, providing multi-window charting, custom layouts, and advanced hot keys. Still, neither can trade options.

Another drawback with TradeZero is the $2,500 minimum balance to use its software, including ZeroFree.

Winner: Webull

Mobile Apps

TradeZero’s app can’t trade options, but it includes a short locate tool, which is rare in brokerage apps. You can also maintain watchlists and view charts.

TradeZero vs. Webull

Webull lacks a short locate feature, but it does have many other capabilities: options trading, a social forum, and two order forms (including a “Big Button” feature for quick order entries).

Webull vs. Tradezero

Webull’s charting on the app is top-notch, with a replay feature for past price action. The app also has a “promotions” tab showing current deals.

Winner: Webull

Desktop Software

Both brokers offer desktop platforms for advanced trading. Webull’s is free, while TradeZero’s ZeroPro costs $59 a month (included with ZeroWeb).

Webull versus Tradezero

ZeroPro does have some impressive features. During our trial, we liked the advanced trade ticket, which can:

- Cancel your most recent order
- Load existing positions for quick trades
- Attach a bracket order (referred to as “range”)

zeropro vs Webull

Webull’s desktop system also supports bracket orders. The interfaces look different, but many features are shared, like hot keys, robust charting, and watchlists. Unlike ZeroPro, Webull’s software allows multi-leg options.

Winner: Webull

Day Trading

PTD Rule: TradeZero clients can escape the U.S. pattern-day trading rule by using its Bahamas branch. Webull doesn’t have an offshore branch.

Leverage: For mainstream stocks and ETFs, both Webull and TradeZero America impose a 25% initial margin for day trades. TradeZero Bahamas can go up to 6:1.

Shorting: Both brokers allow short selling. TradeZero’s key advantage is that short locate tool.

Day Trade Tracking: Both indicate how many day trades remain before triggering PTD status.

Extended Hours: Both offer pre-market and after-hours. They share the same extended session (4:00 am-8:00 pm EST).

Level II Quotes: Both provide them.

Routing Fees and Rebates: TradeZero has them, Webull doesn’t.

Direct-access Routing: TradeZero only.

Winner: TradeZero

Other Services

Banking Tools: TradeZero lacks major cash management features. Webull pays a very high 4% APY on idle cash.

IRAs: Webull has them, TradeZero doesn’t.

Dividend Reinvesting: Webull offers DRIP, TradeZero does not.

IPO Access: Only Webull has this.

Fractional-share Trading: Also just at Webull.

Winner: Webull

Recommendations

Beginners: Webull’s three platforms provide paper trading. TradeZero has a ZeroPro demo.

Small Accounts: TradeZero’s $2,500 minimum to use its platforms is a big hurdle. Webull doesn’t have such a requirement (besides the $2,000 margin rule).

Active Stock Trading: TradeZero has sophisticated platforms, but we dislike the fees. Webull offers fractional shares.

Long-Term Investors & Retirement Savers: Webull is the only one with IRAs, so it wins here.

Webull vs TradeZero Summary

TradeZero certainly has high-end tools for day traders, but these come with fees that Webull users don’t face. Overall, Webull is the better deal. For traders willing to pay for TradeZero’s platforms, it can be a good option.

Updated on 1/30/2025.

About the Author

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.