Updated: Feb 27
I had an intriguing conversation with my financial advisor friends and heard about Webull. This is not my forte, but if you want to get your feet wet and "play" a bit with a few stocks, here's an idea for you.
If you like to trade your own investments via your phone, Webull may be the app for you. Founded in 2016, with a phone app rolled out in May 2018, Webull has just about everything a DIY investor would want in an app. However, if you’re interested in in-depth research and analysis, Webull may not be the best fit for you.
What makes Webull stand out from the other trading platforms? Two words. FREE STOCKS. When you open an account with $100 or more, Webull will give you two free stocks (or more, depending on the current promotion). Additionally, you’ll get free stocks when a friend signs up (click on the link below).
Webull has most of the benefits of the better trading platforms: $0 minimum to open an account, $0 commissions or platform fees, paper trading (to test your trading strategy with play money), extended hours trading, and transfer fee reimbursement (accounts over $2000). Market overviews are provided using several different criteria so you can see the overall direction as well as the biggest winners and losers. You have access to a basic set of screening options and analysis tools, as well. You can trade stocks, options, ETFS, and even cryptocurrency. 24/7 live customer support is also available.
So if you’re on the move or don’t want to be tied to a desk-top computer to make your trades, Webull is worth checking out. Webull is suited (in the opinion of my financial friends) for someone with at least basic knowledge of trading and the markets and may not be suited for the true beginner. As with any DIY trading platform, you are responsible for your winnings and losses. Therefore, don't play with money you can't afford to lose.
If it sounds like Webull would be a good fit, click on the link below to open an account. And yes, I may get free stocks if you do. Enjoy and Happy Trading!