Select Your Brokers to Compare
Webull vs Trade Nation : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Webull
Trade Nation
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
Self-directed retail brokerage platform
Market maker
Years of Existence / Established Year
2017
2014
Customer Base / Number of Accounts
20 Million
No information
Regulation & Security
Regulations (governing bodies)
SEC, FINRA
FCA, ASIC, FSA, SCB, and FSCA
Awards Won (count for the last 2 years)
2024 Global Private Banking Awards
Best Global MT4 broker, Best Trading Platform 2023, Best Spread Betting Provider 2024
Security Measures
SIPC, FIDC, Apex Clearing Corp upto $150 million
No
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
No
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
3,300 ETFs including OTC, Margin, Index options, US treasuries bonds
1000+ assets types
Currency Pairs
No
Yes
Commodities
No
Yes
Indices
No
Yes
Cryptocurrencies
Yes
Yes
CFDs
No
Yes
ETFs
Yes
No
Stocks
Yes
Yes
Options
Yes
No
Futures
Yes
No
Bonds
Yes
No
Mutual Funds
Yes
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
No
Real Estate Investment Trusts (REITs)
No
No
Equities
Yes
No
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
Yes
MT5
No
No
cTrader
No
No
Social Trading
Yes
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
Desktop, Web, and Mobile apps
TN trader
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Individual, IRA, Futures, Advisor, Entity
Standard and Professional
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
Yes
Yes
Minimum Deposit
$0
$0
Leverage Available
4:1 to 2:1
1:5 to 1:200
Trade Limit (maximum per trade)
Unlimited number of day trades
Depends on asset types
Commission (per account type)
$0
$0
Best Suited For (e.g., beginners, experienced traders)
Beginners, Active and passive investor
Beginner to experienced traders
Deposit & Withdrawal Options
Deposit Methods
Bank linking, ACH, Wire Transfer, Debit card funding, Recurring deposit
Credit and debit cards, e-wallets, bank transfers, cryptocurrency, and some local payment methods
Withdrawal Methods
ACH withdrawals
Credit and debit cards, e-wallets, bank transfers, cryptocurrency, and some local payment methods
Other E-Wallets Supported
No
Skrill, Neteller, Crypto, Grab Pay, M Pesa
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 Academy Online Courses, Market Insights and Analysis, Webinars, Trading Guides and eBooks, Video Tutorials, Trader's Blog Market News and Updates
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
Commission-$0
Spread (typical, fixed, variable)
Variable
Fixed
Per Lot Fees
NA
NA
Options Contract Fees
$0.10 per contract
NA
Futures Contract Fees
$1.50
NA
Markup Fees on Spread
1.50%
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
4:1
1:200
Non-Trading Fees
Dormant Fees
$0
$0
Subscription Fees (for premium features, data feeds)
NA
NA
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
NA
Withdrawal Fee
$25 for withdrawals in the U.S, and $45 for international withdrawals
$0
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
No
Trading Hours
Trading Hours (for each asset class if applicable)
Pre-market trading from 4:00 AM to 9:30 AM EST
Forex- 24 hours a day, five days a week, Stocks- Monday through Friday from 9:30 a.m. to 4 p.m. ET, typically closed on weekends and U.S. national holidays
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/7
24/5
Customer Support Methods (phone, email, live chat)
E-mail: [email protected], call :1-888-828-0618, in app chat
Email: [email protected], Phone: +44 (0) 203 180 5952, Live chat
Support Languages
15+
19+
Additional Information
Headquarters Location
44 Wall Street, New York City
9th Floor, 30 Crown Place, London, EC2A 4ES, United Kingdom
Complaints (for crypto brokers)
No
No
Explore More Broker Matchups
Here are more Comparisons to help you choose wisely
Our Latest Contents
Stay updated with our newest insights and guides!
Top Broker Reviews
Discover brokers trusted by global traders.
No