TradingCritique

Select Your Brokers to Compare

Webull vs Global Prime : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Webull

Webull

VS
Global Prime

Global Prime

Icon

Broker Overview

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

Self-directed retail brokerage platform

Market maker broker

Years of Existence / Established Year

2017

2010

Customer Base / Number of Accounts

20 Million

No information


Icon

Regulation & Security

Regulations (governing bodies)

SEC, FINRA

ASIC and VFSC

Awards Won (count for the last 2 years)

2024 Global Private Banking Awards

No major awards listed

Security Measures

SIPC, FIDC, Apex Clearing Corp upto $150 million

No compensation scheme

SSL Encryption / 2FA

Yes

No

Segregated Funds

Yes

Yes

Negative Balance Protection

No

Yes


Icon

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

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

150+ Financial assets

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

Yes

Yes

CFDs

No

Yes

ETFs

Yes

No

Stocks

Yes

No

Options

Yes

No

Futures

Yes

No

Bonds

Yes

Yes

Mutual Funds

Yes

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

No

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

No


Icon

Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

Yes

No

Other Trading Platforms (proprietary, etc.)

Desktop, Web, and Mobile apps

No

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


Icon

Account Types & Conditions

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

Individual, IRA, Futures, Advisor, Entity

Standard and Raw account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$0

$0

Leverage Available

4:1 to 2:1

1:5 to 1:500

Trade Limit (maximum per trade)

Unlimited number of day trades

1000 lots

Commission (per account type)

$0

Standard: $0, Raw account: $3.5 per lot

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

Beginners, Active and passive investor

Beginner traders


Icon

Deposit & Withdrawal Options

Deposit Methods

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

Visa, Mastercard, Crypto, Bpay, Bank wire, QR code, Astro pay, Interac,PayID, e-wallets

Withdrawal Methods

ACH withdrawals

Visa, Mastercard, Crypto, Bpay, Bank wire, QR code, Astro pay, Interac,PayID, e-wallets

Other E-Wallets Supported

No

PayPal, Neteller, Skrill, GATE8, Dragon Pay, VN Pay, FasaPay, Pagsmile, Jeton, Mifinity, XPay, Perfect money


Icon

Tools & Educational Resources

Economic Calendar

Yes

Yes

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

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

Trading Education, Market Analysis, Webinars, Trading Guides, Video Tutorials, Podcast Market Insights, Blog Trading News and Analysis


Icon

Fees & Commissions

Trading-Related Fees

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

Crypto: 0.1%, indices, Bonds, and Commodities (excl. Metals): $0, Commission: AUD $7, USD $7, EUR € 6.20, GBP £5.4, SGD $9.50, CAD $9, Standard: 0.9 pips, raw : $3.5

Spread (typical, fixed, variable)

Variable

Variable

Per Lot Fees

NA

$3.50

Options Contract Fees

$0.10 per contract

NA

Futures Contract Fees

$1.50

NA

Markup Fees on Spread

1.50%

$0

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

4:1

1:500


Icon

Non-Trading Fees

Dormant Fees

$0

$0

Subscription Fees (for premium features, data feeds)

NA

$0

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

NA

Yes

Statement or Document Fee

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

NA

Account Opening Fee

$0

NA

Account Maintenance Fee

$0

NA

Deposit Fee

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

$0

Currency Conversion Fee

$10

$20-$30

Withdrawal Fee

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

International bank transfer: $20-$30


Icon

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

No


Icon

Trading Hours

Trading Hours (for each asset class if applicable)

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

24 hours a day, 5 days a week. 5 PM New York on Sunday through to 5 PM New York on Friday


Icon

Customer Support

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

24/7

24/7

Customer Support Methods (phone, email, live chat)

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

Phone: +61 (2) 8379 3622, E-mail: [email protected], Live chat

Support Languages

15+

14+


Icon

Additional Information

Headquarters Location

44 Wall Street, New York City

FMGP Trading Group Pty Ltd Level 10, 627 Chapel St, South Yarra 3141 Australia

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.
If minimizing trading costs is your top priority, Webull might be more attractive due to its lower commissions. Meanwhile, Global Prime justifies its moderate fees with more robust tools and professional-grade features.
If speed and simplicity matter to you, Webull delivers a streamlined account setup. In contrast, Global Prime includes more documentation and KYC checks, which can delay access but ensures strong compliance.
Webull provides a modern trading experience with its proprietary platform, ideal for technical traders. Global Prime, on the other hand, offers more research tools and is better suited for data-driven investors.
Advanced users will enjoy Webull capabilities, but Global Prime remains a favorite for its streamlined and beginner-centric approach.