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Webull Hidden Fees and Commissions Schedule (2025)
Webull fees, commissions, broker stock trading, and IRA account costs. Webull hidden fees for investing.
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Webull Pricing and Minimum Deposit
| Investments | Commissions |
|---|
| Stocks and ETFs | $0 |
| Options | $0 |
| Mutual funds | not offered |
| Futures (all regular outright) | $1.25 per contract |
| Mini futures | $0.70 per contract |
| Micro futures | $0.25 per contract |
| US Treasuries (0-12 months) | 0.07% |
| US Treasuries (1-3 years) | 0.4% |
| Other Fixed Income | 0.07% |
| Investments | stocks, options, ETFs, futures, fixed income |
| Minimum deposit to open account | $0 for cash account, $2,000 for margin account |
| Promotion |
Webull promotions
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Webull Pricing
Maybe you’ve heard of a brokerage firm called Webull that focuses on the U.S. online investing market and want to know about its commissions and fees before opening an account. This article will go over all the costs and possible hidden fees that Webull investors commonly encounter.
Webull Commissions
The best part to start with is commissions. You’ll be glad to know that Webull doesn’t charge any
commissions. Buying and selling stocks, options, and ETFs is entirely commission-free, no matter how
many shares you buy or the size of your account.
Futures and fixed income products, however, do have trading fees.
Webull Account Minimums and Maintenance Fees
Another advantage of Webull for cost-conscious investors is that they don’t charge account maintenance fees or have any minimum balance requirements. However, margin accounts have a $2,000 minimum balance requirement, which is standard across the industry.
Webull Promotion
Up to 40 FREE fractional shares when you make a deposit at Webull.
Visit Webull Website
Webull Fees
| Service | Fee |
|---|
| Bank Transfer (ACH) Incoming | $0 |
| Bank Transfer (ACH) Outgoing | $0 |
| Domestic Wire Transfer Out | $25 per Withdrawal |
| International Wire Transfer Out | $45 per Withdrawal |
| Domestic Wire Transfer In | $8 per Deposit |
| International Wire In | $12.5 per Deposit |
| ACAT Incoming | $0 |
| ACAT Outgoing | $75 |
| Paper Confirm Fee | $2/Confirm |
| Paper Statements Fee | $5/Statement |
| Paper Prospectus Fee | $2.5/Mail |
| Low-Priced Securities (for transactions over 100,000 shares priced under $1.00/share) | $0.0002 per share (maximum 5% of principal value) |
| SEC Fee for Stocks/Options | $0.0000229 * Total $ Trade Amount (Min $0.01) |
| FINRA Fee for Stocks | $0.000145 * Total Trade Volume Min $0.01 per - Max $6.49 per |
| Options Exchange Fee | $0.02905 * No. of Contracts |
| FINRA Fee for Options | $0.00244 * No. of Contracts (Min $0.01) |
| OCC Fee | $0.02 * No. of Contracts (Max $55 per Trade) |
Margin Rates and Requirements
If you day trade or want to use margin when investing in your Webull account, you’ll need a margin-enabled account. Applying for this feature is easy, letting you borrow funds from Webull to buy more securities. Webull charges an interest rate on any borrowed funds, which ranges from 8.99% for smaller balances to a lower 4.99% for larger borrowed amounts.
Regulatory Fees
Although Webull doesn’t charge trading fees, they do pass on some transaction-based regulatory fees from the SEC and FINRA. These fees are usually small, typically just a few cents per trade. It’s common for all brokers to pass these on to clients, so these fees are generally unavoidable.
Wire Transfer and ACH Fees
This is one area where Webull has more fees than some other brokers. Moving money in or out of your Webull account through electronic (ACH) transfers is always free, though there’s a daily deposit limit of $50,000 per account. Most brokers, including Webull, charge for outgoing wire transfers ($25 for domestic and $45 for international). While most brokers don’t charge to receive incoming wires, Webull charges $8 for domestic and $12.50 for international wires under $25,000. Webull only waives this fee for the first wire transfer when you open your account.
Account and Securities Transfers
Like many brokers, Webull charges a $75 fee for full or partial account transfers if you’re moving your
Webull portfolio to another broker. If you’re transferring a portfolio from another broker to Webull,
Webull won’t charge a fee, although your other broker might. Unlike some brokers, Webull does offer
reimbursements for transfer fees from other brokers.
Data Charges
Real-time U.S. market data is included for free with your Webull account, but data from other markets is not. If you want to access real-time quotes from foreign markets, Webull offers monthly subscriptions for this data.
Webull Hidden Fees Summary
Webull has few hidden fees and they don’t charge commissions on all popular products.
Broker Review
Read detailed review of Webull »
Updated on 10/30/2024.
Arthur Chachuna is a professional personal finance blogger, and the owner of Brokerage-Review.com.
He has been an avid investor for 25 years, and has a background in both applied math and programming.
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