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E*TRADE vs Webull : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

E*TRADE

E*TRADE

VS
Webull

Webull

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Both ECN and STP broker

Self-directed retail brokerage platform

Years of Existence / Established Year

1982

2017

Customer Base / Number of Accounts

5.2 million client accounts

20 Million


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Regulation & Security

Regulations (governing bodies)

FRS, FINRA, SIPC, SEC, NFA, FDIC

SEC, FINRA

Awards Won (count for the last 2 years)

Investor App and #1 Web Trading Platform for 2024, Benzinga's 2023 Global Fintech Awards

2024 Global Private Banking Awards

Security Measures

SIPC

SIPC, FIDC, Apex Clearing Corp upto $150 million

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

No


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

Over 50,000 offerings, including US Treasury trades

3,300 ETFs including OTC, Margin, Index options, US treasuries bonds

Currency Pairs

No

No

Commodities

No

No

Indices

No

No

Cryptocurrencies

No

Yes

CFDs

No

No

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

Yes

Futures

Yes

Yes

Bonds

Yes

Yes

Mutual Funds

Yes

Yes

Fractional Shares

No

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

No

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

No

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

Power Etrade web, Power Etrade app

Desktop, Web, and Mobile apps

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Brokerage, Retirement, Core portfolio, Managed portfolio, Small business retirement , bank

Individual, IRA, Futures, Advisor, Entity

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$0

$0

Leverage Available

No

4:1 to 2:1

Trade Limit (maximum per trade)

Depends on assets class

Unlimited number of day trades

Commission (per account type)

$0

Best Suited For (e.g., beginners, experienced traders)

Beginners to experienced traders

Beginners, Active and passive investor


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Deposit & Withdrawal Options

Deposit Methods

Transfer money, Wire transfer, Transfer an account, Deposit a check ,Direct Deposit

Bank linking, ACH, Wire Transfer, Debit card funding, Recurring deposit

Withdrawal Methods

E-wallets, check, Wire transfer

ACH withdrawals

Other E-Wallets Supported

Electronic transfer

No


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Tools & Educational Resources

Economic Calendar

No

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Educational Resources, Tools, Market News and Insights, Tutorials and Webinars

Trading Education, Market News and Analysis, Webinars and Live Events, Trading Simulator, Financial Insights and Research


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Fees & Commissions

Trading-Related Fees

Stocks, options, mutual funds, ETFs- $0, Bonds- $1, FINRA trading activity fee- $0.000166

Regulatory Transaction Fee- $0.0000278*Total $ Trade Amount, Regulatory Fee- $0.000166 * Total Trade Volume Min $0.01 per - Max $8.30 per, CAT Regulatory Fees- $0.000052 * Total Trade Volume, Low-Priced Securities- $0.0002 per share, F-stocks (foreign settlement)- Buys: $5.00 per trade, Sells: $0.05 per trade, liquidity Charge- Minimum Overnight Interest Rate: 15% Fee: $250, CAT Regulatory Fees- Buys & Sells: $0.00000072 * Total Trade Volume

Spread (typical, fixed, variable)

NA

Variable

Per Lot Fees

NA

NA

Options Contract Fees

$0.65

$0.10 per contract

Futures Contract Fees

$1.50

$1.50

Markup Fees on Spread

NA

1.50%

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

No

4:1


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Non-Trading Fees

Dormant Fees

$0

$0

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

0.30%

NA

Swap Fees (Overnight Financing)

NA

NA

Statement or Document Fee

$2

$2 for each confirmation, $5 for each account statement, and $2.5 for each prospectus mailing

Account Opening Fee

NA

$0

Account Maintenance Fee

$15/ month

$0

Deposit Fee

$0

$8 for deposits in the U.S., $12.5 for international deposits

Currency Conversion Fee

Direct trade-$0.005 per share, Broker assisted trader- $25

$10

Withdrawal Fee

Check return - $25, Electronic return -$25

$25 for withdrawals in the U.S, and $45 for international withdrawals


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

Sunday 5 p.m. CT to Friday 4 p.m. CT

Pre-market trading from 4:00 AM to 9:30 AM EST


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

8 AM - 8 PM ET on weekdays

24/7

Customer Support Methods (phone, email, live chat)

Live chat, FAQ, Phone- 800-387-2331, 800-838-0908, Beneficiary Services: [email protected] General inquiries: [email protected]

E-mail: [email protected], call :1-888-828-0618, in app chat

Support Languages

1

15+


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Additional Information

Headquarters Location

Arlington, Virginia, United States Buyenlarge, Getty

44 Wall Street, New York City

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
E*TRADE is known for competitive pricing on basic trades, especially for beginners. However, Webull fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
E*TRADE makes starting out easy with a simple application, especially for retail clients. Webull platform, while requiring more effort to join, allows experienced traders to customize their accounts from the start.
E*TRADE excels in real-time trade execution with minimal latency, whereas Webull complements its execution with strong analytical modules and educational support within the platform.
E*TRADE stands out for active traders with robust tools, while Webull suits investors seeking simplicity and ease of use.