Webull Cash Sweep Rate
Webull now pays a very impressive
5% APY interest on cash balances–much more than all banks.
There are no minimums, deposit, or any other requirements to get these great rates at Webull.
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Webull Margin Interest Rates
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Debit Balance
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Margin Rate
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under $25,000
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9.49%
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$25,000.01 - $100,000
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8.99%
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$100,000.01 - $250,000
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8.49%
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$250,000.01 - $500,000
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7.99%
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$500,000.01 - 1,000,000
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6.99%
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1,000,000.01 - 3,000,000
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6.49%
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>3,000,000.00
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5.49%
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What Stocks Can You Buy With Webull
If you are trading at Webull already, you likely already know how many different stocks you can buy on the platform. If you are new to Webull or are considering opening an account, you may be wondering what stocks you can buy.
You’ll be happy to know that traders at Webull have many options when choosing stocks for their portfolio. The available stocks come in many classifications, and each can provide different benefits to the savvy investor.
Here are some of the stocks and stock categories you can buy with Webull.
Stock Types
There are many different types of stock but two of the main distinctions are made with common and preferred stocks.
Most of the stocks that you will find on Webull are classified as Common Stocks. They are the standard form of publicly traded shares. Common stocks can also be broken into separate categories (keep reading for information regarding types of common stock) and investors will often choose one over another to take advantage of the unique opportunities that are provided by each.
When you buy a common stock, you are buying a share of the company that listed that stock.
Preferred stocks are similar in many ways to common stocks in that they offer investors the chance to own a fraction of a publicly traded company, but the shares classified as preferred stocks come with some clear advantages and disadvantages.
For one thing, preferred stock prices do not fluctuate as much as common stock prices as they are tied more to the company’s valuation than public opinion and supply and demand. Preferred stocks also pay stable dividends that investors can depend on.
Therefore, preferred stocks can be better for long term investors looking for stability, whereas common stock trading is better for speculation.
Stock Categories
Within the common and preferred stock categories, there are also several stock classifications to choose from. Popular ways to think about stocks are the exchange they are traded on, company origin, size of the company, the industry, sector, growth, value, defensive, and cyclical. Stocks are also subdivided into those that are marginable and those that are not.
It is also important to note that stocks are never just one of these categories. They are often combinations of several classifications and finding stocks that are well suited to your portfolio may involve comparing how each of the stocks you are considering is structured.
Here is a short description of each category to help you decide which stocks to pick up at Webull.
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Location-based Stocks
Webull offers stocks related to particular regions. Specifically, the US, Canada, and Chinese Mainland. For each of the available regions, there are local exchanges to choose from. Selecting the stock region on Webull is easy to do using the screener. Simply choose between the available regions from the dropdown menu.
Each exchange listed has its own collection of stocks, and you can find stocks belonging to the various classifications that exist. If you are new to Webull, a good place to start is with local exchanges as they host stocks of familiar companies.
Exchanges
When it come to the exchanges available on Webull, investors can choose stocks listed on Nasdaq, New York Stock Exchange, the American Stock Exchange, as well as a few foreign exchanges.
Depending on your preference, it is possible to invest on stocks that are popular amongst certain investor groups.
US Exchanges
- Nasdaq
- NYSE (New York Stock Exchange)
- AMEX (American Stock Exchange)
Chinese Exchanges
- SHA (Shanghai Stock Exchange)
- SHE (Shenzhen Exchange)
Canadian Exchanges
- TSE (Toronto Stock Exchange)
- TSXV (Toronto Stock Exchange)
- CNSX (Canadian National Stock Exchange)
- Over the Counter (OTC)
Although not currently available at Webull, another popular type of stocks are sold without being listed on any of the major exchanges. These are called Over the Counter (OTC) stocks and are also referred to as penny stocks and pink sheets.
Given the volatile nature of OTC stocks, trading them comes with some additional risk. As a result, Webull has yet to offer pink sheet trading. If they do sometime in the future, the combination of the trading platform, zero commission trading, and market data packages on offer, would certainly put them at the top of the penny stock broker list.
Industries and Sectors
After considering the region and exchange, it is important to think about the industries and sectors that stocks belong to. At Webull, it is easy to narrow down the sector search using the screener tool.
Whether you are looking for Energy stocks, applied resources, transports, cyclical consumer, banking, or anything in between, generating an actionable list is always just a few clicks away.
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Company Size
Company size is yet another way to classify stocks. Depending on the size of the market cap, stocks belong to the small-cap, mid-cap, and large-cap groups.
Companies with a market cap extending to $1.4 billion are considered by Standard & Poor to be small caps, while mid-caps have market caps between $1.4b to $5.9b. Large caps are companies with market capitalization larger than the min-cap range.
It can be useful to know that many investors employ different strategies for companies of different sizes.
On Webull’s convenient screener tool, it is possible to narrow a stock search down by market capitalization by using the available slider.
ETFs
Electronically Traded Funds (ETFs) are popular options for anyone preferring a less granular approach. When looking at groups of stocks, volatility smooths out and trading decisions are based more on factors affecting entire industries, sector rotation, seasonality, etc.
ETFs are also the fastest way to diversify a portfolio. Each ETF is made up of a collection of underlying stocks and their overall performance as a group can be observed with one ticker.
There are ETFs that represent stocks within a certain market cap group, such as the S&P 500 with its 500 companies with market caps over $8b. There are also sector-related ETFs, ETFs based on risk appetite, bonds, metals, and much more.
Here are some of the most popular ETFs on Webull today:
- S&P 500 (SPY)
- Vanguard S&P 500 (VOO)
- Vanguard Total Stock Market (VTI)
- ARK Innovation (ARKK)
- Dow Jones Industrial Average (DIA)
- Russel 2000 (IWM)
- Nasdaq (QQQ)
Here are some of the most liquid sector-related ETFs from SPDR:
- Communication Services (XLC)
- Consumer Discretionary (XLY)
- Communication Service (XLC)
- Consumer Discretionary (XLY)
- Consumer Staples (XLP)
- Energy (XLE)
- Financials (XLF)
- Health Care (XLV)
- Industrials (XLI)
- Materials (XLB)
- Real Estate (XLRE)
- Technology (XLK)
- Utilities (XLU)
Final Thoughts
As you can see, there are many options for stock selection at Webull. If you know the name of the
stock that you are looking for, simply entering the ticker symbol into the trading platform will
bring up the stock chart, info, related news, and order ticket. Using the screener is also very
helpful as you can set several parameters at once to get a ‘short list’ of stocks to research.
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Updated on 4/12/2023.
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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