VOL. XCIV, NO. 247

Webull Alternatives & Competitors

Checking

Replacement verdicts

Alternatives to Webull

Curated replacements grouped by fit, tradeoffs, pricing flexibility, and platform access. Use this list to decide which Webull competitor is worth testing first.

Looking for a Webull replacement? We've profiled 20 alternatives by workflow fit, pricing flexibility, caveats, and platform access. Whether you need a free option to trial, mobile-ready workflows, or API integrations, this list helps you choose what to test first.

Visit Webull Free alternatives Tool details

Disclosure: outbound links may include affiliate or sponsor links

Which Alternative Should You Use?

Merrill Edge

Closest replacement

Best for: U.S. Bank of America customers valuing linked banking, immediate eligible transfers, and relationship-level visibility.

Merrill Edge best matches the base workflow on brokerage trading, options data, and portfolio tracking.
Merrill Edge shares Free pricing with the base tool.

Watch for: Low standard cash rate: The standard bank sweep pays 0.01% below $1 million under the current rate sheet.

Open Merrill Edge

Details Compare

Fidelity (Fidelity Brokerage Services LLC)

Best workflow fit

Best for: U.S. investors looking for $0 online stock and most ETF trades, research, tax documents, and several account types.

Fidelity (Fidelity Brokerage Services LLC) best matches the base workflow on brokerage trading, options data, and portfolio tracking.
Fidelity (Fidelity Brokerage Services LLC) shares Free pricing with the base tool.

Watch for: Not all trades are free: Options contracts, secondary bonds/CDs, crypto transactions, professional options fees, regulatory fees, and certain ETF purchase service fees can apply.

Open Fidelity account

Details Compare

Interactive Brokers (IBKR)

Best audience fit

Best for: Active investors who need global multi-asset access, advanced orders, APIs, and volume-based commissions.

Interactive Brokers (IBKR) best matches the base workflow on brokerage trading, portfolio tracking, and market monitoring.
Interactive Brokers (IBKR) shares Free and Subscription pricing with the base tool.

Watch for: Commission and market-data details vary by market: The record contains separate stock, ETF, options, futures, crypto, and market-data pricing notes by region and product.

Open IBKR account

Details Compare

TC2000

Best pricing fit

Best for: Active U.S. stock and options traders who need streaming charts, formula scans, alerts, paper trading, or connected brokerage trading.

TC2000 best matches the base workflow on brokerage trading, options data, and portfolio tracking.
TC2000 adds a free starting point that the base tool does not show. Free access caveat: The anonymous free version uses delayed streaming data and a limited layout..

Watch for: Limited free access: The anonymous version includes limited charts, delayed streaming data, option chains, a watchlist, and paper-trading windows. Real-time scans and other core workflows require a paid plan.

Compare TC2000 plans

Details Compare

Detailed Alternatives

I want to

Pay lessFill a gapUpgrade overall

Our ranked order by workflow overlap and quality.

Closest replacement

Merrill Edge

Bottom line: U.S. Bank of America customers valuing linked banking, immediate eligible transfers, and relationship-level visibility.

Keep

Brokerage
Portfolio
Watchlist
Advanced Order Types
Options
Downloadable Tax Reports

Gain

$0 online stock and ETF commissions and $0 option base commission plus $0.65 per contract.
Linked eligible Bank of America transfers can be real time; external bank, wire, check, and account-transfer funding are supported.
Standard bank-sweep rates are currently 0.01%, 0.05%, or 0.15% by balance tier.
SIPC coverage is supplemented by Lloyd's excess protection subject to the disclosed aggregate and cash sublimits.

Lose

$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.
Webull Premium costs $3.99 per month or $40 per year. Index options and futures contract fees start at $0.50 for the first 1,000 monthly contracts, then fall to $0.40 and $0.30 at higher volumes.

Watch out

Avoid as a full replacement if you rely on charting and technical analysis.
Free-plan limits: Signup required, Brokerage use requires an approved Merrill account, and Options, margin, trust, estate and business accounts have additional rules.
Low standard cash rate: The standard bank sweep pays 0.01% below $1 million under the current rate sheet.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
Merrill EdgeTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open Merrill Edge Compare

Full review and details

Drop-in replacement

E*TRADE from Morgan Stanley

Bottom line: U.S. self-directed investors who need several account types, research, retirement administration, and multiple trading platforms.

Keep

Brokerage
Portfolio
Watchlist
Advanced Order Types
Options
Downloadable Tax Reports

Gain

$0 online U.S. exchange-listed stock and ETF commissions; options cost $0.65 or $0.50 per contract by activity tier.
Eligible listed Reg-NMS fractions start at $5 and support quantities to three decimal places during the rollout.
The default Bank Deposit Program pays 0.01%, 0.05%, or 0.15% APY by current balance tier.
SIPC protection is supplemented by Morgan Stanley excess coverage, while bank-sweep deposits use separate FDIC rules.

Lose

$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.
Webull Premium costs $3.99 per month or $40 per year. Index options and futures contract fees start at $0.50 for the first 1,000 monthly contracts, then fall to $0.40 and $0.30 at higher volumes.

Watch out

Avoid as a full replacement if you rely on charting and technical analysis.
Free-plan limits: Signup required, Brokerage features require an approved account and cleared funding, and Options, margin, futures, crypto and specialized registrations require separate eligibility.
Low default cash rate: The standard Bank Deposit Program pays 0.01% below $500,000 under the current tier schedule.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
E*TRADE from Morgan StanleyTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open E*TRADE Compare

Full review and details

Best pricing fit

TC2000

Bottom line: Active U.S. stock and options traders who need streaming charts, formula scans, alerts, paper trading, or connected brokerage trading.

Keep

Brokerage
Portfolio
Watchlist
Advanced Order Types
Options

Gain

Screeners
News
Alerts
Paper Trading

Lose

Downloadable Tax Reports
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.

Watch out

Avoid as a full replacement if you rely on market monitoring.
Free-plan limits: The anonymous free version uses delayed streaming data and a limited layout, Pricing page lists Basic at $24.99/month, Premium at $49.99/month, and Premium+ at $99.99/month, and Annual pricing lowers the effective monthly rate to $20.82, $41.65, and $83.32 respectively.
Limited free access: The anonymous version includes limited charts, delayed streaming data, option chains, a watchlist, and paper-trading windows. Real-time scans and other core workflows require a paid plan.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
TC2000Free • From $24.99/mo
Free tier: Free, no signup
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Compare TC2000 plans Compare

Full review and details

Fidelity (Fidelity Brokerage Services LLC)Best workflow fitTransaction-priced · Fees vary by offer and jurisdictionPaid only

Best workflow fit

Fidelity (Fidelity Brokerage Services LLC)

Bottom line: U.S. investors looking for $0 online stock and most ETF trades, research, tax documents, and several account types.

Keep

Brokerage
Portfolio
Watchlist
Advanced Order Types
Options

Gain

Smart/Direct Routing
Order Book / Level II
News
Financials

Lose

Downloadable Tax Reports
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.

Watch out

Useful when you want to add broker-connected trading, portfolio analytics, and fundamental research instead of mirroring the current workflow.
Free-plan limits: Signup required, Brokerage use requires an approved Fidelity account, and Options, international trading, margin, crypto, and active-trader workflows have separate rules or approvals.
Not all trades are free: Options contracts, secondary bonds/CDs, crypto transactions, professional options fees, regulatory fees, and certain ETF purchase service fees can apply.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
Fidelity (Fidelity Brokerage Services LLC)Transaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open Fidelity account Compare

Full review and details

Interactive Brokers (IBKR)Best audience fitTransaction-priced · Fees vary by offer and jurisdictionPaid only

Best audience fit

Interactive Brokers (IBKR)

Analyst pickTested by us

Bottom line: Active investors who need global multi-asset access, advanced orders, APIs, and volume-based commissions.

Keep

Brokerage
Portfolio
Watchlist
Advanced Order Types
Options

Gain

Smart/Direct Routing
Paper Trading
Screeners
Risk Metrics

Lose

Downloadable Tax Reports
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.

Watch out

Avoid as a full replacement if you rely on options data and charting and technical analysis.
Free-plan limits: Signup required, Brokerage account has no recurring platform fee in the profile, but trading commissions and add-on fees vary by product, and Real-time market data and Level II data generally require subscriptions.
Commission and market-data details vary by market: The record contains separate stock, ETF, options, futures, crypto, and market-data pricing notes by region and product.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
Interactive Brokers (IBKR)Transaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Partial replacement

Pricing checked 2026-08-23 via pricing.

Open IBKR account Compare

Full review and details

Charles SchwabPartial replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

Partial replacement

Charles Schwab

Bottom line: U.S. investors who want brokerage, trading platforms, research, tax workflows, and several asset classes in one account.

Keep

Brokerage
Portfolio
Watchlist
Advanced Order Types
Options

Gain

Paper Trading
Smart/Direct Routing
News
Alerts

Lose

Downloadable Tax Reports
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.

Watch out

Avoid as a full replacement if you rely on options data and charting and technical analysis.
Free-plan limits: Signup required, Brokerage use requires an approved Schwab account, and Options, futures, forex, margin, and API workflows require separate approval or authorization.
Advanced products need approval: Options, futures, forex, margin, and crypto access have separate approval, risk, and eligibility requirements.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
Charles SchwabTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Partial replacement

Pricing checked 2026-08-23 via pricing.

Open Schwab account Compare

Full review and details

Public.comPartial replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

Partial replacement

Public.com

Bottom line: Eligible U.S. investors looking for stocks, ETFs, bonds, and options in one self-directed interface.

Keep

Brokerage
Portfolio
Watchlist
Options
Downloadable Tax Reports

Gain

Regular-hours U.S.-listed stock and ETF commission is $0; extended-hours and OTC trading costs $2.99 without Premium.
Investment Plans cost $0.49 to $1.99 per recurring stock and ETF purchase unless Premium waives the charge.
Primary brokerage free cash earns 0%; the separate HYCA currently states a variable 3.30% APY.
The HYCA can provide up to $5 million in aggregate FDIC eligibility through partner banks, subject to per-bank aggregation.

Lose

Advanced Order Types
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.

Watch out

Avoid as a full replacement if you rely on market monitoring and charting and technical analysis.
Free-plan limits: Signup required, An approved eligible U.S. brokerage account is required, and Regular-hours U.S.-listed equity trades are free, but extended-hours, OTC, plan, transfer, and regulatory fees can apply.
U.S.-only onboarding: Opening requires a U.S. residential address, valid SSN, and supported citizenship, residency, or visa status.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
Public.comTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Partial replacement

Pricing checked 2026-08-23 via pricing.

Open Public Compare

Full review and details

WealthsimplePartial replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

Partial replacement

Wealthsimple

Bottom line: Canadian residents seeking $0 online commissions for listed Canadian and U.S. stocks and ETFs.

Keep

Brokerage
Portfolio
Watchlist
Options
Downloadable Tax Reports

Gain

Canadian and U.S. listed stock and ETF trades have $0 stated online commission.
Fractional stock and ETF market orders start at $1.
Core clients pay $10 CAD plus tax monthly for USD accounts after a 30-day trial; Premium and Generation include them.
Self-directed investment accounts use CIPF protection within applicable account-category limits.

Lose

Advanced Order Types
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.

Watch out

Avoid as a full replacement if you rely on market monitoring and charting and technical analysis.
Free-plan limits: Signup required, An approved Canadian-resident brokerage account is required, and Currency conversion, index-option, exercise, instant-withdrawal and product costs can apply.
Canada-only eligibility: Individual applicants must reside in Canada and meet provincial or territorial age-of-majority requirements.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
WealthsimpleTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Partial replacement

Pricing checked 2026-08-23 via pricing.

Open Wealthsimple Compare

Full review and details

FirstradePartial replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

Partial replacement

Firstrade

Bottom line: U.S. and supported international investors seeking $0 online stock, ETF, mutual-fund, and options commissions.

Keep

Brokerage
Portfolio
Watchlist
Options
Downloadable Tax Reports

Gain

Stocks, ETFs, mutual funds, and listed options have $0 stated online commissions and $0 standard options contract fees.
International brokerage is available only for the current official matrix of 27 countries and regions.
Fractional trading covers selected equities and ETFs, but fractions cannot transfer and carry voting and liquidity limitations.
Firstrade currently posts 0.15% for brokerage credit interest and Apex FDIC-swept cash across all balance tiers.

Lose

Advanced Order Types
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.

Watch out

Avoid as a full replacement if you rely on market monitoring and charting and technical analysis.
Free-plan limits: Signup required, An approved domestic or supported international brokerage account is required, and Regulatory, short-borrow, fixed-income, fund, broker-assisted, and transfer costs can apply.
Restricted international matrix: International onboarding is limited to 27 named countries and regions and cannot be generalized globally.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
FirstradeTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Partial replacement

Pricing checked 2026-08-23 via pricing.

Open Firstrade Compare

Full review and details

National Bank Direct BrokeragePartial replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

Partial replacement

National Bank Direct Brokerage

Bottom line: Canadian residents seeking $0 online Canadian and U.S. stock and ETF commissions.

Keep

Brokerage
Portfolio
Watchlist
Options
Downloadable Tax Reports

Gain

Online Canadian and U.S. stocks and ETFs carry $0 stated commission.
A $100 annual administration fee is waived under published asset, age, InvestCube or offer conditions.
Uninvested brokerage credit balances currently pay 0% in the live pricing table.
CAD-USD conversion spreads fall from 1.70% to 0.60% across published transaction tiers.

Lose

Advanced Order Types
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.

Watch out

Avoid as a full replacement if you rely on market monitoring and charting and technical analysis.
Free-plan limits: Signup required, An approved Canadian-resident brokerage account is required, and The $100 annual administration fee requires a published waiver condition to avoid.
Canada-only online opening: The online application requires Canadian residence and age 18 or older.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
National Bank Direct BrokerageTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Partial replacement

Pricing checked 2026-09-02 via pricing.

Open NBDB Compare

Full review and details

Qtrade Direct InvestingPartial replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

Partial replacement

Qtrade Direct Investing

Bottom line: Canadian residents seeking $0 online equity, ETF and mutual-fund commissions.

Keep

Brokerage
Portfolio
Watchlist
Options
Downloadable Tax Reports

Gain

Online equities, ETFs and mutual funds carry $0 stated commission.
Online options cost $0 plus $0.75 per contract, with separate assignment and exercise fees.
Published cash-credit rates are 0% through C$2 million and 0.10% above in CAD, while USD remains 0%.
The official DRIP program purchases full shares only; direct fractional orders were not established.

Lose

Advanced Order Types
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.

Watch out

Avoid as a full replacement if you rely on market monitoring and charting and technical analysis.
Free-plan limits: Signup required, An approved Canadian brokerage account is required, and Transaction, product, service, FX and transfer fees can apply despite $0 equity and ETF commissions.
Canada-only opening: New applicants must be Canadian residents and meet provincial or territorial age requirements.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
Qtrade Direct InvestingTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Partial replacement

Pricing checked 2026-08-23 via pricing.

Open Qtrade Compare

Full review and details

Rakuten SecuritiesPartial replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

Partial replacement

Rakuten Securities

Bottom line: Japan residents who need Japanese and U.S. securities, funds, bonds, and derivatives in one account.

Keep

Brokerage
Portfolio
Watchlist
Options
Downloadable Tax Reports

Gain

Zero Course domestic cash-equity brokerage is ¥0 when its SOR/R-Cross conditions are accepted.
U.S. stock and ETF commissions are 0.495%, with a $0 minimum and $22 maximum before other charges.
Kabumini trades eligible Japanese shares below the standard lot from one share.
Segregated assets are backed by Japan Investor Protection Fund coverage up to ¥10 million if return fails.

Lose

Advanced Order Types
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.

Watch out

Avoid as a full replacement if you rely on market monitoring and charting and technical analysis.
Free-plan limits: Signup required, Applicants must be Japan residents and pass identity, tax and account screening, and Zero Course domestic pricing has SOR/R-Cross and electronic-service conditions.
Japan residents only: The modeled account is not open as a general overseas route, and non-resident customers face restrictions.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
Rakuten SecuritiesTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Partial replacement

Pricing checked 2026-08-23 via pricing.

Open Rakuten Securities Compare

Full review and details

SBI SecuritiesPartial replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

Partial replacement

SBI Securities

Bottom line: Japan residents who need domestic shares, U.S. securities, funds, bonds, and derivatives in one account.

Keep

Brokerage
Portfolio
Watchlist
Options
Downloadable Tax Reports

Gain

Zero Revolution lists ¥0 brokerage for eligible domestic cash, margin and S-share orders under its conditions.
U.S. security commissions are 0.495%, with a $0 minimum and $22 maximum before other charges.
S-shares provide eligible Japanese securities below the standard lot from one share.
Segregated assets have Japan Investor Protection Fund coverage up to ¥10 million if return fails.

Lose

Advanced Order Types
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.

Watch out

Avoid as a full replacement if you rely on market monitoring and charting and technical analysis.
Free-plan limits: Signup required, Applicants must be Japan residents and pass identity, My Number and bank-account checks, and Domestic zero brokerage requires electronic-delivery and course conditions.
Japan residents only: SBI limits opening to domestic residents and states it does not hold overseas securities-business licenses.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
SBI SecuritiesTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Partial replacement

Pricing checked 2026-08-23 via pricing.

Open SBI Securities Compare

Full review and details

Monex SecuritiesPartial replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

Partial replacement

Monex Securities

Bottom line: Japan residents who need Japanese and U.S. securities in one self-directed account.

Keep

Brokerage
Portfolio
Watchlist
Options
Downloadable Tax Reports

Gain

Domestic per-order commissions start at ¥55 and top out at ¥1,070 under the published online tiers.
U.S. security commissions are 0.495%, with a $0 minimum and $22 maximum before other charges.
One Share buys eligible Japanese securities below the standard lot from one share.
Segregated assets have Japan Investor Protection Fund coverage up to ¥10 million if return fails.

Lose

Advanced Order Types
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.

Watch out

Avoid as a full replacement if you rely on market monitoring and charting and technical analysis.
Free-plan limits: Signup required, Applicants must be Japan residents and pass identity, My Number and linked-bank checks, and Domestic, U.S., odd-lot, currency and derivative transactions use different schedules.
Japan residents only: The ordinary account is limited to Japan residents and is restricted when a customer becomes non-resident.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
Monex SecuritiesTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Partial replacement

Pricing checked 2026-08-23 via pricing.

Open Monex Securities Compare

Full review and details

DEGIROPartial replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

Partial replacement

DEGIRO

Analyst pickTested by us

Bottom line: European investors looking for low-cost self-directed access to stocks, ETFs, bonds, funds, options, and futures.

Keep

Brokerage
Portfolio
Watchlist
Advanced Order Types
Downloadable Tax Reports

Gain

Smart/Direct Routing
News
Calendar
flatexDEGIRO Bank SE provides execution-only service without investment advice or portfolio management.

Lose

Options
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.

Watch out

Avoid as a full replacement if you rely on options data and charting and technical analysis.
Free-plan limits: Signup required, Trading requires an approved brokerage account, and Transaction, handling, currency-conversion, connectivity, and market-data fees can apply.
Execution-only broker: DEGIRO does not provide investment advice or portfolio management.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
DEGIROTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Partial replacement

Pricing checked 2026-08-23 via pricing.

Open DEGIRO account Compare

Full review and details

BMO InvestorLineDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

Drop-in replacement

BMO InvestorLine

Bottom line: Canadian residents who want self-directed investing through a BMO brokerage.

Keep

Brokerage
Portfolio
Watchlist
Options
Downloadable Tax Reports

Gain

Standard online stock and ETF trades cost $9.95, or $3.95 for qualifying active traders.
More than 100 selected ETFs can qualify for commission-free trading.
Standard ordinary CAD, USD and registered brokerage cash currently earns 0%.
Allocated bullion and precious-metal certificates are available with product-specific commissions.

Lose

Advanced Order Types
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.

Watch out

Avoid as a full replacement if you rely on market monitoring and charting and technical analysis.
Free-plan limits: Signup required, An approved Canadian self-directed brokerage account is required, and Standard equity and options trades are paid.
Canada-only opening: The reviewed individual opening flow is for eligible Canadian residents.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
BMO InvestorLineTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open BMO InvestorLine Compare

Full review and details

GrowwDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

Drop-in replacement

Groww

Bottom line: Resident Indian investors who want stocks, ETFs, mutual funds, IPOs, and derivatives in one web and mobile account.

Keep

Brokerage
Portfolio
Watchlist
Options
Downloadable Tax Reports

Gain

One resident-India platform spans NSE/BSE cash equities, ETFs, direct mutual funds, F&O and MCX commodity derivatives.
Groww Invest Tech is a SEBI-registered broker and CDSL/NSDL depository participant.
Trading and demat opening and maintenance are listed at ₹0, with transaction and depository charges disclosed separately.
UPI, net banking and Indian bank transfers fund the trading balance, with eligible instant withdrawals under ₹1 lakh.

Lose

Advanced Order Types
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.

Watch out

Avoid as a full replacement if you rely on market monitoring and charting and technical analysis.
Free-plan limits: Signup required, The current opening route is for resident Indian applicants and eligible Indian entities, not NRIs, and Trades incur brokerage, depository, exchange, tax and regulatory charges according to product and order type.
No NRI accounts: Groww expressly says NRIs cannot currently invest in mutual funds, stocks or F&O through the platform.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
GrowwTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open Groww Compare

Full review and details

RBC Direct InvestingDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

Drop-in replacement

RBC Direct Investing

Bottom line: Canadian residents who want self-directed investing through an RBC brokerage.

Keep

Brokerage
Portfolio
Watchlist
Options
Downloadable Tax Reports

Gain

Standard online stock and ETF trades cost $9.95, or $6.95 under Active Trader pricing.
Selected ETFs and online mutual-fund trades can carry a $0 RBC commission.
Gold and silver certificates have a 100-ounce minimum and a $43 minimum commission.
Ordinary CAD, USD and registered brokerage credit balances currently pay 0%.

Lose

Advanced Order Types
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.

Watch out

Avoid as a full replacement if you rely on market monitoring and charting and technical analysis.
Free-plan limits: Signup required, An approved self-directed brokerage account is required, and Standard equity and options trades are paid.
Canada-only public opening: The reviewed public account-opening offer establishes eligibility for Canadian residents only.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
RBC Direct InvestingTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open RBC Direct Compare

Full review and details

CIBC Investor's EdgePartial replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

Partial replacement

CIBC Investor's Edge

Bottom line: Canadian residents who want self-directed brokerage linked to CIBC banking.

Keep

Brokerage
Portfolio
Watchlist
Options
Downloadable Tax Reports

Gain

Standard online stock and ETF trades cost $6.95, or $4.95 under Active Trader pricing.
Over 180 selected ETFs can trade commission-free when the live list and holding rules are met.
All ordinary CAD and USD brokerage credit balances currently pay 0%.
CDRs are separate securities and do not prove direct fractional-share order support.

Lose

Advanced Order Types
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.

Watch out

Avoid as a full replacement if you rely on market monitoring and charting and technical analysis.
Free-plan limits: Signup required, An approved Canadian-resident brokerage account is required, and Standard equity and options trades are paid.
Canada-only opening: Individual opening is limited to eligible Canadian residents.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
CIBC Investor's EdgeTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Partial replacement

Pricing checked 2026-08-23 via pricing.

Open CIBC Edge Compare

Full review and details

TD Direct InvestingPartial replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

Partial replacement

TD Direct Investing

Bottom line: Canadian residents who need self-directed access to stocks, ETFs, options, funds, bonds, GICs, and research.

Keep

Brokerage
Portfolio
Watchlist
Options
Downloadable Tax Reports

Gain

Whole-share Canadian and U.S. stocks cost $9.99 standard or $7 for Active Traders.
Eligible partial-share stock and ETF trades cost $1.99 and record holdings to five decimals.
Standard CAD, USD and registered brokerage credit balances currently pay 0%.
TD Easy Trade is a separate service with a narrower product set and different free-trade terms.

Lose

Advanced Order Types
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.
SIPC covers eligible brokerage assets up to $500,000, including the $250,000 cash sublimit; excess terms depend on clearing arrangement.

Watch out

Avoid as a full replacement if you rely on market monitoring and charting and technical analysis.
Free-plan limits: Signup required, An approved Canadian-resident brokerage account is required, and Most whole-share stock trades are paid; only select ETFs are commission-free.
Canada-only opening: Applicants must be Canadian residents and meet age and account-specific requirements.

Price: WebullTransaction-priced · Fees vary by offer and jurisdiction
TD Direct InvestingTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Partial replacement

Pricing checked 2026-08-23 via pricing.

Open TD Direct Compare

Full review and details

What This Shortlist Tells You

Merrill Edge is the closest drop-in replacement with overlapping coverage in Brokerage, Portfolio, and Watchlist while adding $0 online stock and ETF commissions and $0 option base commission plus $0.65 per contract. and Linked eligible Bank of America transfers can be real time; external bank, wire, check, and account-transfer funding are supported. features (workflow overlap ~100%).

Budget-conscious? Try TC2000 to get started without a paid plan.

Round out your stack with new coverage areas like Screeners, News, Alerts, and Paper Trading.

Coverage Snapshot

Where alternatives already align

Most shared categories across the top matches.

Brokerage×20Portfolio×20Watchlist×20Options×19Downloadable Tax Reports×16Advanced Order Types×7

New angles introduced

Categories the alternatives add beyond Webull.

News+5Smart/Direct Routing+4Order Book / Level II+3Paper Trading+3Screeners+3Alerts+2APIs & Data Feeds+2Calendar+2

Access & Pricing

Free options

1/20

1 picks introduce a free tier you can start with.

Mobile ready

20/20

20 matches support mobile alongside Webull.

API availability

3/20

3 of the shortlisted tools expose API endpoints for automation-heavy workflows.

Quality checks

2 starred / 2 tested

2 tools are flagged as analyst picks; 2 have been hands-on tested.

Avg. coverage overlap

96%

Average percentage of categories shared with the base tool.

Frequently Asked Questions

What are the best alternatives to Webull?

Webull users most often consider Merrill Edge, E*TRADE from Morgan Stanley, and TC2000 as their go-to alternatives.

Which alternatives keep a free tier?

TC2000 offer a free plan or trial option, making them easy to test before committing to a paid subscription.

Which workflows do the top Webull alternatives cover?

Expect deep coverage across Advanced Order Types, Brokerage, Downloadable Tax Reports, Options, Portfolio, and Watchlist, so you can port most Webull workflows without much friction.

Keep Exploring

Wide Moat StocksBrowse the current moat score ranking and company-level moat notes.

Short InterestDaily tracker for heavily shorted stocks and short squeeze candidates.

Stock RankingsBacktested ranking systems for quality, value, momentum, and more.

Live AnalyticsSee what users are clicking, searching, and voting for across the site.

Research ToolsFind screeners, data platforms, portfolio trackers, and research tools.

Feedback

Missing an alternative, or is a listing out of date? Tell me and I will look.

Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.

★Webull Alternatives & Competitors★

Alternatives to Webull

Which Alternative Should You Use?

Merrill Edge

Fidelity (Fidelity Brokerage Services LLC)

Interactive Brokers (IBKR)

TC2000

Detailed Alternatives

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Webull Alternatives & Competitors