Webull Financial, the Zero-Commission Broker
Posted by Tom on July 9th, 2019
Webull Financial LLC, an independent, self-directed broker dealer focused on zero commission trading and granular market data, released its first paper trading competition today. In an effort to democratize trading, the brokerage will incentivize users to learn and trade through daily and weekly competitions. The top three traders everyday and every week will receive monetary prizes. See Terms and Conditions.
The Webull Paper Trading Competition is done in preparation for a much bigger, real-money trading competition in the second-half of 2019. While paper trading competitions allow users to trade on a T+0 basis, real-money trading competitions adhere to market rules. Both competitions are designed to improve people's financial literacy and reward those that put forth time and effort into their trading strategy.
Webull Financial LLC has been in the retail trading space since only May of last year, but they already boast hundreds of thousands of trading accounts. The company's market data app is used globally by over 9 million users for real-time market updates as well as paper trading. The paper trading feature allows users to test out investment strategies and see what hypothetical positions and portfolios would look like.
Webull's comprehensive market data platform makes sure that users do not have to leave the app in order to get all the technical and fundamental information that they need. Webull's charts hold over 25 different indicators and the time interval data can be boiled down to minute-by-minute intervals. With side-by-side chart comparisons, traders can even compare individual stocks against industry ETFs.
Once users have practiced enough on the paper trading feature of the platform, they can stay logged into Webull to execute on their learnings with real funds in their Webull Financial account. With the app's built-in trading platform, users can open a cash or margin account with zero minimums and trade with zero commission. If Webull traders have the risk appetite for it, they can open a margin account with Webull. [[1]]
All these features are supported by Webull's Live Help desk, which ensures Webull's customer issues, no matter how big or small, are resolved. Users can reach our customer service representatives through the Live Help button, social media, or email us at customerservice@webull.com.
To learn more about Webull Financial LLC, the app, or to book an interview, contact Gabriel Cao at 917-267-5556 or email gabe@webull-us.com, or visit the website at www.webull.com
[[1] ] Margin accounts need 00+ in net equity in order to take advantage of 2X or 4X leverage. Some tickers cannot be bought with leverage or can only be bought with 2x leverage.
About Webull Financial LLC
Webull Financial LLC is a broker-dealer registered with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). The headquarters of Webull Financial LLC is located at 44 Wall Street, New York, NY, USA.
System response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors. Risk Disclosure: Trading of stocks and all other investment products involves substantial risk of loss and it is not suitable for every investor. The value of stocks may fluctuate and as a result, clients may lose more than their original investment.
Free online stock trading refers to --content-- commissions for Webull Financial LLC self-directed individual cash or margin brokerage accounts that trade U.S. listed securities via mobile devices or Web. Relevant SEC & FINRA fees may apply.
