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

Broker Name

Webull

Webull

VS
TradeStation

TradeStation

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Broker Overview

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

Self-directed retail brokerage platform

ECN broker

Years of Existence / Established Year

2017

1982

Customer Base / Number of Accounts

20 Million

226506+ clients


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Regulation & Security

Regulations (governing bodies)

SEC, FINRA

CFTC, NFA, FINRA, SEC

Awards Won (count for the last 2 years)

2024 Global Private Banking Awards

Best in Class awards in StockBrockers.com 2023 Online Broker Review, Best Brokerage App at the 2023 Benzinga Global Fintech Awards, TradingView's Best Broker in the AMER Region 2023 Award

Security Measures

SIPC, FIDC, Apex Clearing Corp upto $150 million

SIPC

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

No

No


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

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

Futures option

Currency Pairs

No

No

Commodities

No

No

Indices

No

No

Cryptocurrencies

Yes

No

CFDs

No

No

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

Yes

Futures

Yes

Yes

Bonds

Yes

No

Mutual Funds

Yes

Yes

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

No

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

No


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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

Yes

Yes

Other Trading Platforms (proprietary, etc.)

Desktop, Web, and Mobile apps

Desktop, Web trading, Mobile app, Futures Plus

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

Individual, IRA, Futures, Advisor, Entity

Individual, Retirement, Entity

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$0

$0

Leverage Available

4:1 to 2:1

No

Trade Limit (maximum per trade)

Unlimited number of day trades

Depends on asset class

Commission (per account type)

$0

$0

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

Beginners, Active and passive investor

Beginners and experienced traders


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Deposit & Withdrawal Options

Deposit Methods

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

Wire transfer, Check, Electronic transfer

Withdrawal Methods

ACH withdrawals

Wire transfer, Check, Electronic transfer

Other E-Wallets Supported

No

No


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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 Insights, Webinars, Online Trading Courses, Strategy Development and Backtesting


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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- Stocks and ETFs- $0, Stock options- $0 Commission + $0.60 per contract, Future options- $0 Commission + $0.60 per contract, Micro futures- $0 Commission + $0.50 per contract, per side, Futures- $0 Commission + $1.50 per contract, per side

Spread (typical, fixed, variable)

Variable

Variable

Per Lot Fees

NA

NA

Options Contract Fees

$0.10 per contract

$0 Commission + $0.60 per contract

Futures Contract Fees

$1.50

NA

Markup Fees on Spread

1.50%

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

4:1

No


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Non-Trading Fees

Dormant Fees

$0

$10 per month

Subscription Fees (for premium features, data feeds)

NA

TradeStation platform - $149.95 / month, Without Brokerage Account- $99.99 / month $199.99 for professionals, folio-level strategy back-testing tool - $59.95 / month

Advisory Fees

NA

$25

Swap Fees (Overnight Financing)

NA

NA

Statement or Document Fee

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

$1 per page

Account Opening Fee

$0

$0

Account Maintenance Fee

$0

$35 per year

Deposit Fee

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

$0

Currency Conversion Fee

$10

Starts from $0.35

Withdrawal Fee

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

Wire transfer- $25- $35


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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)

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

9:30 am ET to 4:00 pm ET


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Customer Support

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

24/7

8:00 a.m. - 5:00 p.m. ET

Customer Support Methods (phone, email, live chat)

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

Phone: 800.822.0512, Live chat, E-mail: [email protected]

Support Languages

15+

1


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Additional Information

Headquarters Location

44 Wall Street, New York City

8050 SW 10th Street, Suite 2000. Plantation, FL 33324

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, TradeStation justifies its moderate fees with more robust tools and professional-grade features.
While Webull prioritizes fast registration with minimal steps, TradeStation focuses on a thorough vetting process that gives more flexibility in choosing account types and features.
While Webull focuses on mobile-first design and clean user experience, TradeStation includes features like in-depth charting, integrated news feeds, and strong desktop performance.
Webull delivers a robust ecosystem for seasoned traders, whereas TradeStation focuses on ease of access and modern usability.