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Webull Premium Benefits: Is It Worth The Fees? (2025)
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Is Webull Premium Worth It?
Primary thoughts:
• Webull Premium costs $3.99 per month or $40 per year.
• The value of Premium depends on each user's trading style and needs.
• Webull Premium makes sense for some traders but not everyone.
Before you subscribe or skip it, look at the details below:
Webull Premium Benefits
Premium customers at Webull get a host of benefits that other customers don't get. They include:
- Lower margin rates
- Increased APY on idle cash
- Discounts on futures contract fees and index options
- Higher IRA contribution match
- Free Level II quotes and OPRA data (for non-professional traders)
A Premium subscription covers every account you access with one login. You don't need separate subscriptions for each account.
Not all accounts qualify for Premium. For example, corporate and managed accounts aren’t eligible. Joint, individual cash and margin accounts, IRAs, and futures accounts do qualify.
Cost of Webull Premium
Webull Premium costs $3.99 per month. If you choose the annual plan, you pay $40, saving $8 over the monthly rate.
Webull Promotion
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Drilling Down the Numbers
To make $4 per month worthwhile, you need benefits worth at least that much. Here's a look at the numbers.
Here are the two margin schedules for Premium and non-Premium customers:
| Margin Loan | Premium | Non-Premium |
|---|
| Less than 25K | 5.95% | 8.74% |
| 25K to 100K | 5.75% | 8.74% |
| 100K to 500K | 5.2% | 8.74% |
| 500K to 1M | 5.15% | 8.74% |
| 1M to 10M | 4.95% | 8.74% |
| 10M to 25M | 4.9% | 8.74% |
| 25M+ | 4.65% | 8.74% |
Borrowing $25,000 for a year costs $1,488 with Premium and $2,185 without it—a $697 savings compared to a $40 annual fee. Larger balances save more, though not every trader uses margin.
On uninvested cash, Premium users earn 4.1%, while non-Premium clients earn 0.5% on balances under $25,000 (3.75% on higher balances). Keeping $25,000 in cash for a year yields $1,025 with Premium versus $125 without—a $900 difference that more than covers the fee for those who hold large cash balances.
Webull matches IRA contributions at 1%, but Premium users get 3.5%. That extra 2.5% match adds $175 on a $7,000 contribution—far exceeding the $40 annual cost.
Is Webull Premium Worth It: Judgment
Many users earn enough benefits from Premium to justify its cost. However, results vary, so track your own savings and costs. You can cancel anytime if it doesn’t pay off.
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Updated on 5/26/2025.
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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