A low-fee trading platform that offers ASX and US stocks and options with a suite of tools to help you invest.
There's no doubt Webull is one of the best all-round trading platforms available in Australia to date, with features that support both casual investors and active traders.
You can buy and sell ASX (CHESS-sponsored) shares, US equities, ETFs (with $0 brokerage), US options and fractional shares. The platform has also expanded its offerings to include shares/ETFs in Hong Kong and China (A-Shares).
While day traders will be happy with its in-depth market data and advanced charting tools, it's worth noting that the platform's list of tradable options are somewhat limited. For instance, Australian options are not available; only US options can be traded.
Webull is a trading platform with no initial deposit requirements or commissions, making it quite beginner-friendly. Access to real-time market data and advanced tools will also appeal to more active traders and options traders.
| Type of broker | Online |
| Available products | ASX shares, Global shares, Options trading, US shares, ETFs, Cryptocurrencies |
| Available markets | ASX, USA, Hong Kong, China (A-Shares) |
| Standard brokerage fee | $1.00 |
| Support | Phone, Email, Live chat |
| Go to site |
Webull was a big winner in the 2025 Finder Awards.
Full list of 2025 share trading platform winners
| Fees | ★★★★★ | It charges $0 brokerage on US and Australian ETFs and no commission fees on your first 20 trades. Account fees are on par with competitors. |
| Research and tools | ★★★★★ | Reporting tools and charts are standout platform features. |
| Available securities | ★★★★★ | Access ASX shares, US stocks, ETFs and US options. |
| Customer support | ★★★★★ | Contact support in several ways, but we waited 20 minutes to speak to a rep. |
To learn how our star ratings are calculated, read our methodology at the bottom of the page. Please note our methodology is based on Webull's US offering.
Webull's low-free trading and no minimum deposit requirements give newbies a platform to trade without high fees eating into their balances. Beginners can also develop trading skills through the demo account without risking their money.
Long-term investors will find Webull's zero commission ETF trades appealing alongside its auto-invest feature that lets you set recurring deposits into your ETF or stock of choice.
Meanwhile, active traders should find its advanced charts, indicators and screeners attractive.
Webull has some of the lowest fees in the industry, as well as no minimum deposits and $0 brokerage on Australian and US ETFs.
Plus there are no annual or inactivity fees. Fractional trading gives investors access to thousands of companies that might otherwise be out of reach. Webull also offers margin accounts.
Key features include:
Webull gets negative feedback from clients for a lack of quality customer service and for a slow money transfer process. Webull currently has a "bad" rating on TrustPilot, with an average review score of 1.4 out of 5, based on more than 300 reviews (last checked September 2025).
If you're looking to invest in Australian equities or assets like managed funds, futures, bonds or forex, you'll be forced to look elsewhere as these aren't offered by Webull.
Yes, Webull is a legitimate fintech. It started out in 2017 in the US and is registered with the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). With its launch into Australia, it is now also licensed under ASIC (Australian Securities & Investments Commission).
Here are some of the tools you can use to trade with on Webull:
Webull offers a powerful mobile app that lets you manage your portfolio on the go. Stay across positions and consolidate watchlists, analyse charts and place orders. Create your own screener and monitor what you want by market cap, prices, percent changes, volume, turnover rates and listing dates.
Webull traders have access to the desktop terminal's comprehensive suite of research and analysis tools. And its platform is intuitive and can be customised to suit your needs.
On the desktop terminal you can access real time market data including ASX streaming and Nasdaq level 2 (via subscription). Its advanced charting tools are better than most out there and include 60 technical signals and 50 customisable indicators.
Plus, you can create your own stock screeners based on over 40 indicators from technical to financial.
If you're looking to practice or trial strategies, you can switch to the demo account without investing any money.
| Google Play app reviews | 4.3/5 stars, based on over 457 reviews |
| Apple App Store app reviews | 4.4/5 stars based on over 642 ratings |
Connect with Webull in 3 ways:
Matt Finder
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Thomas Stelzer Finder
December 13, 2024
Hi Choong,
Thanks for your comment. We do address some of these concerns in the section “Where Webull falls short”, but I’ll add some context around its TrustPilot reviews.
Regards,
Tom
Steve
July 23, 2024
Hi
How do I put my money into your account and how do I take my profits out please? I want to start off with $US 1,000. until I get the hang of things. Also where is tax paid on profits please?
Many Thanks
Steve
Thomas Stelzer Finder
July 29, 2024
Hi Steve,
You can deposit funds into your Webull account via bank transfer. If you make a profit, you can then also withdraw the funds to your bank account. Please note that the bank account you use for both deposits and withdrawals must match the registered name of your Webull account.
In terms of tax, Webull may automatically withhold tax on US securities dividends, but not capital gains. You can read more about that on Webull’s site. While you can register your Australian tax file number (TFN) with Webull, you are responsible for meeting your own tax obligations.
However, this information is for general purposes only and is not tax advice. It’s important that you seek your own independent tax advice.
Thanks,
Tom
Koon Seng
January 23, 2023
Webull may be great product, but at this stage you can do trading only on mobile app not on web. People do trading on a big screen not tiny mobile screen. They have to provide this feature ASAP.
I won’t be signing up until I can do on big screen.
Ren Finder
January 23, 2023
Hi Koon,
Thanks for your feedback!
Webull does offer a desktop trading app for Mac, Windows and Linux devices.
I hope this helps.
Cheers,
Ren
Choong
December 10, 2024
Have you reviewed the Customer Reviews (as at December 2024) for WeBull on Trust Pilot?
What do you think?
Should these reviews raise “RED FLAGS” regarding WeBull?