Webull Assets Under Management (AUM)
Webull Financial is a fast-growing company in online trading. The low-cost broker offers $0 commission on all products. So, how many customers and how much in total assets does Webull manage?
While the company hasn’t shared many specific details about its operations, we can confidently say that Webull has over 20 million users globally.
Webull's assets under management are around $60 billion.
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How Many Users Does Webull Have?
The total number of users Webull has is 20 million.
Webull Average Account Size
The average account size at Webull is calculated by taking total AUM ($60 billion) and dividing it by the number of customers (20 million), which equals $3,000.
Does Webull Offer NASDAQ and NYSE Stocks?
If you are looking for a broker that offers stocks listed on the most popular stock exchanges, Webull may be an excellent choice for you. Webull features stocks listed on the NYSE and NASDAQ exchanges, among others. Between these two equity exchange giants, there are more than 5,000 tickers to choose from at Webull.
NYSE and NASDAQ
To put the 5,000+ tickers into perspective, it is good to note that the number makes up the majority of all stocks traded in the United States. While there are some other exchanges that also offer stocks and equities, none are as large or as influential as the NYSE and NASDAQ.
The NYSE has been around since the early days of stock investing, dating back to the 1790s, in fact. The name NYSE includes many other exchanges, such as the ICE commodity futures exchange, NYSE:MKT (formally Amex), and others.
Trading Stocks Listed on the NYSE and NASDAQ at Webull
When selecting stocks to trade at Webull, you will notice that many of the nation’s wealthiest and most influential companies are listed on the NYSE. Some notable tickers from the NYSE are United Health Group (UNH), JPMorgan Chase & Co (JPM), Johnson & Johnson (JNJ), Visa (V), Charles Schwab (SCHW), and Berkshire Hathaway (BRK-A).
That said, it is certainly not a rule that the companies be large and powerful to be listed on the NYSE. NYSE:MKT, for example, is the NYSE’s small cap exchange.
Comparatively, the NASDAQ is much younger. Starting in 1971, the exchange is well known for its focus on tech stocks, biotech, finance, media, and transport. Tickers like Qualcomm (QCOM), T-Mobile US (TMUS), Amgen (AMGN), Zoom (ZM), Tesla (TSLA), Micron Technologies (MU), Apple (AAPL), and many more like them, are all offered by NASDAQ.
Placing NYSE and NASDAQ Trades on Webull Trading Platforms
Whichever exchange your stocks of choice are listed on, the process for placing trades is the same. Webull offers a variety of ways for traders to buy and sell virtually every stock available in the US. You can use the browser-based trading platform, the desktop trading software, or the mobile app. No matter which Webull trading platform you choose to utilize, order entry and exit should be a familiar process to most traders.
On both the browser-based platform and the desktop trading software, navigating to the trade ticket on the stock page provides all the necessary options for trade initiation and management.
Order options available on the ticket include market orders, limit orders, stop orders, trailing stops, OCO brackets, and extended hours trading.
If you want to search for specific stocks, it is possible from any part of the trading software to enter the ticker of your choice into the search bar. One handy feature of the search tool is that the results let you know when exchange the results trade on.
Another way to access tickers specific to a particular exchange, i.e. NYSE or NASDAQ, is to select the desired exchange as a filter when screening for stocks.
On mobile, selecting a stock from a watchlist or searching directly brings you to the stock overview and chart. The blue ‘Trade’ button brings you to the order ticket. There are many order types available for mobile users. Here are some images to illustrate.
Alternative Exchange Availability
Webull offers data and information for global exchanges but US traders cannot purchase foreign stocks on Webull. However, there are many ADRs available on NYSE and NASDAQ for traders looking for global stock exposure.
The only other exchange that is selectable from the screener is AMEX, but since AMEX is now NYSE:MKT the difference is in the types of stocks that the selection turns up.
Alternatives to NASDAQ and NYSE Stocks
If you are looking for alternatives to NASDAQ and NYSE stocks, one place to look is electronically traded funds (ETFs).
ETFs are indexes that track groups of stocks, and there are ETFs that are specific to the exchanges. As an example, QQQ is a very popular index that tracks the NASDAQ.
Updated on 8/21/2024.
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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