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Webull vs Citi Self Invest 2024

StockBrokers.com

Written by StockBrokers.com

October 30, 2024

In this head to head comparison of Webull vs Citi Self Invest, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.

Webull
4/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.00
Citi Self Invest
3.5/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): N/A

Investment options

In the realm of online brokerage services, Webull and Citi Self Invest present distinct opportunities for investors, each catering to different trading preferences and goals. Webull emerges as a more diverse platform, earning a four-star rating for its broad range of investment options, which include stock, margin, fractional shares, OTC stocks, options, futures, and crypto trading with 44 available coins. In contrast, Citi Self Invest is rated 2.5 stars and offers a more limited selection, primarily focusing on stock and mutual fund trading, with no access to margin trading, options, or cryptocurrency. Both platforms, however, provide the option of traditional and Roth IRA accounts, appealing to retirement-focused investors without the complication of advisor services. Webull ranks 12th out of 18 brokers on StockBrokers.com for investment options, while Citi Self Invest is positioned at 18th.

Webull’s strength lies in its versatility and modern investment offerings. It expands investor opportunities with features such as margin and options trading, fractional shares, and a significant variety of cryptocurrencies. This makes Webull a robust choice for those looking to explore a wide array of trading instruments, including the fast-paced world of crypto and futures markets, which are increasingly appealing to younger, tech-savvy investors. Unfortunately, mutual fund traders would need to look elsewhere, as these are not supported on the Webull platform.

Citi Self Invest, while offering access to traditional stock and mutual fund trading, lacks the breadth of Webull’s investment tools. Its inability to support high-demand trading methods like options, futures, and cryptocurrencies limits its attractiveness to more adventurous investors. However, for those seeking simplicity and a focus on conventional investment avenues within a prominent financial institution, Citi Self Invest might still hold some appeal. Despite its narrower focus, Citi’s provision of both traditional and Roth IRA accounts ensures basic retirement planning remains accessible.

Feature Webull logoWebull
Citi Self Invest logoCiti Self Invest
Stock Trading info Yes Yes
Margin Trading Yes No
Fractional Shares info Yes No
OTC Stocks info Yes No
Mutual Funds info No Yes
Options Trading info Yes No
Futures Trading info Yes No
Crypto Trading info Yes No
Crypto Trading - Total Coins info 44 0
Investment Options 4/5 Stars 2.5/5 Stars

Dive deeper: Best Options Trading Platforms & Brokers, 5 Best Futures Trading Platforms of 2024

Trading platforms and tools

When choosing between Webull and Citi Self Invest for your trading needs, Webull stands out with its comprehensive suite of features and tools, earning a robust 4.5-star rating and securing the 8th spot out of 18 brokers according to StockBrokers.com. In stark contrast, Citi Self Invest offers more modest capabilities, reflected in its 2.5-star rating and ranking of 16th. Thus, Webull presents a more feature-rich platform for traders seeking advanced charting and trading tools compared to Citi Self Invest.

Webull offers both a Windows and Mac downloadable trading platform, alongside a browser-based option, giving users flexibility and accessibility based on their device preference. In terms of trading features, Webull significantly outpaces Citi Self Invest by providing paper trading and an extensive array of 52 technical indicators, 19 drawing tools, and additional features such as the ability to add notes, index overlays, and show historical trades on charts. These advanced charting capabilities establish Webull as a powerful tool for both novice and experienced traders alike.

In comparison, Citi Self Invest provides only a browser-based platform and lacks further key functionalities that Webull offers, such as downloadable desktop applications and paper trading. Additionally, Citi Self Invest does not provide options for customizing or enhancing chart analysis, such as technical indicators, drawing tools, or even a trading journal for tracking trades. This limited offering might be less ideal for seasoned traders who rely heavily on technical analysis and comprehensive trading tools to inform their strategies.

Feature Webull logoWebull
Citi Self Invest logoCiti Self Invest
Web Trading Platform info Yes Yes
Desktop Trading Platform info Yes No
Desktop Platform (Mac) info Yes No
Paper Trading info Yes No
Watch Lists - Total Fields info 35 0
Charting - Indicators / Studies info 52 0
Charting - Drawing Tools info 19 0
Platforms & Tools 4.5/5 Stars 2.5/5 Stars

Dive deeper: Best Stock Brokers for 2024, Best Paper Trading Platforms of 2024

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Beginners and education

When it comes to educating beginner investors, Webull clearly stands out compared to Citi Self Invest. Webull offers a range of educational resources on stocks, ETFs, and options, which are essential for novice traders to build a solid foundation in investing. Additionally, Webull provides paper trading, allowing beginners to practice trading without financial risk. Even though both platforms lack webinars and educational videos, Webull enhances the learning experience by providing educational quizzes and tracking progress, contributing to its education rating of 3 stars and a ranking of #14 among 18 brokers on StockBrokers.com.

On the other hand, Citi Self Invest falls significantly behind in catering to investor education, offering no educational resources on stocks, ETFs, or options. Its lack of paper trading options further limits the hands-on learning opportunities for beginners. While Citi Self Invest does offer educational quizzes and progress tracking, these features alone are insufficient to compete with Webull’s comprehensive offerings. Consequently, Citi Self Invest receives a lower education rating of 1.5 stars and bottoms out the ranking at #18 among the 18 brokers reviewed. Overall, for novice investors seeking robust educational support, Webull is a more compelling choice over Citi Self Invest.

Feature Webull logoWebull
Citi Self Invest logoCiti Self Invest
Education (Stocks) info Yes No
Education (ETFs) info Yes No
Education (Options) info Yes No
Education (Mutual Funds) info No No
Education (Bonds) info No No
Paper Trading info Yes No
Videos info No No
Webinars info No No
Education 3/5 Stars 1.5/5 Stars

Dive deeper: Best Stock Trading Platforms for Beginners of 2024

Stock trading apps

When comparing the stock trading app capabilities of Webull and Citi Self Invest, Webull clearly emerges as the more robust and versatile option. Webull offers higher functionality with features like an Apple Watch app, streaming quotes, and stock alerts, which Citi Self Invest lacks. Furthermore, Webull's mobile app supports mobile after-hours and options trading, while Citi Self Invest does not accommodate these crucial trading aspects. These factors contribute to Webull's superior rating of 4.5 stars and a ranking of #7 out of 18 brokers, compared to Citi Self Invest's 3-star rating and #17 ranking.

Both Webull and Citi Self Invest provide apps for iPhone and Android, but Webull takes a step further with the availability of an Apple Watch app, giving it an edge for users seeking flexible and comprehensive trading options. Additionally, Webull significantly enhances trading with features like after-hours charting and the ability to view charts in landscape mode, which are not available with Citi Self Invest. Webull also supports the display of stock comparisons on charts and offers 56 technical studies for charting, whereas Citi Self Invest provides none.

In terms of customization and viewing capabilities, both platforms allow users to create custom watch lists, although neither offers the ability to customize watch list columns. When it comes to charting functionality, only Webull includes the ability to view multiple time frames, which enhances the user's ability to analyze and make informed trading decisions. While neither platform provides streaming live TV or videos on demand, Webull's comprehensive features and superior ratings make it the preferred choice for individuals seeking a dynamic and multifaceted mobile trading experience.

Feature Webull logoWebull
Citi Self Invest logoCiti Self Invest
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes No
Stock Alerts info Yes No
Charting - After-Hours info Yes No
Charting - Technical Studies info 56 0
Mobile Trading Apps 4.5/5 Stars 3/5 Stars

Dive deeper: Best Stock Trading Apps of 2024

Fees

When comparing Webull and Citi Self Invest with regards to account fees and charges, both platforms offer no minimum deposit and commission-free regular stock trades, making them attractive choices for cost-conscious investors. However, they diverge when it comes to margin offerings and additional charges. Webull provides margin trading with interest rates ranging from 9.24% to 9.74%, depending on the balance. Citi Self Invest, on the other hand, does not offer margin trading. Furthermore, Webull's zero-cost approach extends to options contracts, while Citi Self Invest does not support options trading, which may influence the decision of traders interested in these instruments.

For investors considering retirement accounts, Webull presents itself as a cost-effective choice with no fees for IRA accounts or closures. In contrast, Citi Self Invest imposes a $95 fee for IRA closures, potentially impacting investors looking to consolidate or move their retirement savings. Both brokers, however, charge different amounts for account transfers, with Webull levying a $75 fee for either partial or full transfers, compared to Citi Self Invest's higher $95 fee for the same services.

Another differentiator between the two platforms is the handling of options exercises and assignments. Webull maintains its commitment to cost-free services with no fees for options exercises or assignments. While Citi Self Invest does not support options trading, making these fees irrelevant for their account holders, it remains a critical distinction for those who wish to maintain flexibility in their trading strategies.

Feature Webull logoWebull
Citi Self Invest logoCiti Self Invest
Minimum Deposit $0.00 $0.00
Stock Trades $0.00 $0.00
Options (Per Contract) $0.00 N/A
Options Exercise Fee $0.00 N/A
Options Assignment Fee $0.00 N/A
IRA Annual Fee $0.00 $0.00
IRA Closure Fee $0.00 $95.00
Commissions & Fees 4.5/5 Stars 4.5/5 Stars

Dive deeper: Best Brokers for Free Stock Trading of 2024

Day Trading

When comparing the day trading capabilities of Webull and Citi Self Invest, Webull stands out with its comprehensive features tailored for active traders. Webull offers streaming time and sales for stocks, providing traders with real-time insights into market activities, a feature that is absent in Citi Self Invest. Additionally, Webull supports ladder trading and trading hotkeys for swift keyboard trade entry, tools that are essential for efficient day trading and which Citi Self Invest does not provide. Furthermore, Webull includes level 2 quotes, offering a detailed view of market depth, whereas Citi Self Invest does not include this feature.

Neither Webull nor Citi Self Invest offers streaming live TV, direct market routing for stocks, strategy backtesting, a short locator tool for real-time share availability, or order liquidity rebates. Both platforms are limited in these regards, highlighting areas where more advanced features could enhance the trading experience. Overall, for those focused on day trading, Webull's functionality is more robust when compared to Citi Self Invest, offering crucial tools and insights that help traders make informed decisions quickly.

Feature Webull logoWebull
Citi Self Invest logoCiti Self Invest
Streaming Time & Sales info Yes No
Streaming TV info No No
Direct Market Routing - Stocks info No No
Level 2 Quotes - Stocks info Yes No
Trade Ideas - Backtesting info No No
Trade Ideas - Backtesting Adv info No No
Short Locator info No No

Dive deeper: Best Day Trading Platforms of 2024

Market Research

When it comes to market research capabilities, Webull edges out Citi Self Invest, offering a slightly more comprehensive suite of research tools and earning a higher rating and ranking. Although both brokers support stock and ETFs research, neither excels in mutual funds or bonds research, limiting their overall versatility. Webull distinguishes itself with innovative features like social media sentiment analytics and a useful stock screener for trade ideas, contributing to its higher 3-star rating compared to Citi Self Invest's 2.5 stars. Both platforms fall short on downloadable PDF reports for stocks, ETFs, and mutual funds, which could be considered a drawback for investors who rely on detailed analysis documents.

Both Webull and Citi Self Invest allow users to research Pink Sheets and OTCBB markets, ensuring that investors seeking less conventional opportunities have the resources they need. However, neither includes ESG (Environmental, Social, and Governance) research, which may be a consideration for those focused on sustainable and socially responsible investing. Additionally, while Citi Self Invest offers the ability to view portfolio allocation by asset class, Webull does not provide this feature, which could influence users who prioritize portfolio analysis.

Overall, while both platforms have areas for improvement, Webull’s range of market research tools provides more robust support for stock traders, placing it at 11th out of 18 brokers according to StockBrokers.com. In contrast, Citi Self Invest is ranked 15th, reflecting its slightly more limited feature set, particularly with the absence of trade idea screeners for stocks and ETFs. As such, Webull may be the preferable option for investors seeking a broker with a moderately better selection of research capabilities.

Feature Webull logoWebull
Citi Self Invest logoCiti Self Invest
Research - Stocks info Yes Yes
Screener - Stocks info Yes No
Research - ETFs info Yes Yes
Screener - ETFs info No No
Research - Mutual Funds info No No
Screener - Mutual Funds info No No
Research - Bonds info No No
Screener - Bonds info No No
Research 3/5 Stars 2.5/5 Stars

Banking

When evaluating the banking capabilities of online broker Webull against Citi Self Invest, a clear disparity emerges. Citi Self Invest offers a comprehensive suite of banking services including checking and savings accounts, debit and credit cards, and mortgage loans, whereas Webull does not provide any of these financial products. Neither platform offers Certificates of Deposit (CDs). Ultimately, Citi Self Invest stands out as a more versatile option for users seeking integrated banking and investing solutions, while Webull remains focused on investment services without banking offerings.

Feature Webull logoWebull
Citi Self Invest logoCiti Self Invest
Checking Accounts info No Yes
Savings Accounts info No Yes
Debit Cards info No Yes
Credit Cards info No Yes
Mortgage Loans info No Yes
CDs info No No

Dive deeper: Best Bank Brokerages of 2024

Winner

After opening live accounts and testing 18 of the best online brokers, our research and live account testing finds that Webull is better than Citi Self Invest. Webull finished with an overall score of 84.9%, while Citi Self Invest finished with a score of 70.6%.

Webull is an excellent choice for beginning and intermediate traders. The user experience is outstanding, and Webull has better charts than its natural competitor, Robinhood. Options contracts are commission-free, but crypto markups and markdowns are on the high side. Experienced investors may eventually miss the features, research, and investment choices available at leading brokers.

FAQs

Can you trade cryptocurrency with Webull or Citi Self Invest?

When comparing online brokers, Webull stands out by offering crypto trading with access to 44 different coins, whereas Citi Self Invest does not provide any cryptocurrency trading options.

Dive deeper: Best Crypto Trading Platforms of 2024

Does Webull or Citi Self Invest offer IRAs?

Both Webull and Citi Self Invest provide traditional and Roth IRA accounts free of annual fees, yet they differ significantly in closure costs; Webull charges no fee, while Citi Self Invest imposes a $95 closure fee.

Dive deeper: Best IRA Accounts of 2024

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Compare

0 of 5
Overall Rating Webull Citi Self Invest
Overall 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Investment Options 4/5 Stars 2.5/5 Stars
Platforms & Tools 4.5/5 Stars 2.5/5 Stars
Mobile Trading Apps 4.5/5 Stars 3/5 Stars
Research 3/5 Stars 2.5/5 Stars
Customer Service 3.0/5 Stars N/A
Education 3/5 Stars 1.5/5 Stars
Ease Of Use 4.5/5 Stars 4.5/5 Stars
Winner check_circle
Review Webull Review Citi Self Invest Review
Broker Screenshots Webull Citi Self Invest
Trading Platform & Tools Gallery (click to expand)
Research Gallery (click to expand)
Mobile Trading Apps Gallery (click to expand)
Education Gallery (click to expand)
Trading Fees Webull Citi Self Invest
Minimum Deposit $0.00 $0.00
Stock Trades $0.00 $0.00
Penny Stock Fees (OTC) info N/A N/A info
Mutual Fund Trade Fee N/A 0
Options (Per Contract) $0.00 N/A
Futures (Per Contract) $1.25 info (Not offered)
Broker Assisted Trade Fee N/A n/a
Margin Rates Webull Citi Self Invest
Margin Rate Under $25,000 9.74% Not offered
Margin Rate $25,000 to $49,999.99 9.24% Not offered
Margin Rate $50,000 to $99,999.99 9.24% Not offered
Margin Rate $100,000 to $249,999.99 8.74% Not offered
Margin Rate $250,000 to $499,999.99 8.24% Not offered
Margin Rate $500,000 to $999,999.99 7.24% Not offered
Margin Rate Above $1,000,000 6.74% info Not offered
Account Fees Webull Citi Self Invest
IRA Annual Fee $0.00 $0.00
IRA Closure Fee $0.00 $95.00
Account Transfer Out (Partial) info $75.00 $95.00
Account Transfer Out (Full) info $75.00 $95.00
Options Exercise Fee $0.00 N/A
Options Assignment Fee $0.00 N/A
Investment Options Webull Citi Self Invest
Stock Trading info Yes Yes
Margin Trading Yes No
Fractional Shares info Yes No
OTC Stocks info Yes No
Options Trading info Yes No
Complex Options Max Legs info 4
Futures Trading info Yes No
Forex Trading info No No
Crypto Trading info Yes No
Crypto Trading - Total Coins info 44 0
Mutual Funds (No Load) info 0 820
Mutual Funds (Total) info 0 820
Bonds (US Treasury) info No No
Bonds (Corporate) info No No
Bonds (Municipal) info No No
Traditional IRAs info Yes Yes
Roth IRAs info Yes Yes
Advisor Services info No No
International Countries (Stocks) info 0 0
Order Types Webull Citi Self Invest
Order Type - Market info Yes Yes
Order Type - Limit info Yes Yes
Order Type - After Hours info Yes No
Order Type - Stop info Yes Yes
Order Type - Trailing Stop info Yes No
Order Type - OCO info Yes No
Order Type - OTO info Yes No
Order Type - Broker Assisted info No No
Beginners Webull Citi Self Invest
Education (Stocks) info Yes No
Education (ETFs) info Yes No
Education (Options) info Yes No
Education (Mutual Funds) info No No
Education (Bonds) info No No
Education (Retirement) info No No
Retirement Calculator info No No
Investor Dictionary info Yes No
Paper Trading info Yes No
Videos info No No
Webinars info No No
Webinars (Archived) info No No
Progress Tracking info Yes Yes
Interactive Learning - Quizzes info Yes Yes
Stock Trading Apps Webull Citi Self Invest
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes No
Trading - Stocks info Yes Yes
Trading - After-Hours info Yes No
Trading - Simple Options info Yes No
Trading - Complex Options info Yes No
Order Ticket RT Quotes info Yes Yes
Order Ticket SRT Quotes info Yes No
Stock App Features Webull Citi Self Invest
Market Movers (Top Gainers) info Yes Yes
Stream Live TV info No No
Videos on Demand info No No
Stock Alerts info Yes No
Option Chains Viewable info Yes No
Watch List (Real-time) info Yes Yes
Watch List (Streaming) info Yes No
Watch Lists - Create & Manage info Yes Yes
Watch Lists - Column Customization info No No
Stock App Charting Webull Citi Self Invest
Charting - After-Hours info Yes No
Charting - Can Turn Horizontally info Yes No
Charting - Multiple Time Frames info Yes Yes
Charting - Technical Studies info 56 0
Charting - Study Customizations info Yes No
Charting - Stock Comparisons info Yes No
Trading Platforms Webull Citi Self Invest
Active Trading Platform info N/A n/a
Desktop Trading Platform info Yes No
Desktop Platform (Mac) info Yes No
Web Trading Platform info Yes Yes
Paper Trading info Yes No
Trade Journal info No No
Watch Lists - Total Fields info 35 0
Stock Chart Features Webull Citi Self Invest
Charting - Adjust Trades on Chart info Yes No
Charting - Indicators / Studies info 52 0
Charting - Drawing Tools info 19 0
Charting - Notes info Yes No
Charting - Index Overlays info Yes No
Charting - Historical Trades info Yes No
Charting - Corporate Events info Yes No
Charting - Custom Date Range info No No
Charting - Custom Time Bars info No No
Charting - Automated Analysis info Yes No
Charting - Save Profiles info Yes No
Trade Ideas - Technical Analysis info No No
Charting - Study Customizations info 2 0
Charting - Custom Studies info Yes No
Day Trading Webull Citi Self Invest
Streaming Time & Sales info Yes No
Streaming TV info No No
Direct Market Routing - Stocks info No No
Ladder Trading info Yes No
Trade Hotkeys info Yes No
Level 2 Quotes - Stocks info Yes No
Trade Ideas - Backtesting info No No
Trade Ideas - Backtesting Adv info No No
Short Locator info No No
Order Liquidity Rebates info No No
Research Overview Webull Citi Self Invest
Research - Stocks info Yes Yes
Research - ETFs info Yes Yes
Research - Mutual Funds info No No
Research - Pink Sheets / OTCBB info Yes Yes
Research - Bonds info No No
Screener - Stocks info Yes No
Screener - ETFs info No No
Screener - Mutual Funds info No No
Screener - Bonds info No No
Misc - Portfolio Allocation info No Yes
Stock Research Webull Citi Self Invest
Stock Research - PDF Reports info 0 0
Stock Research - Earnings info Yes No
Stock Research - Insiders info Yes No
Stock Research - Social info Yes No
Stock Research - News info Yes Yes
Stock Research - ESG info No No
Stock Research - SEC Filings info Yes No
ETF Research Webull Citi Self Invest
ETFs - Strategy Overview info Yes Yes
ETF Fund Facts - Inception Date info Yes No
ETF Fund Facts - Expense Ratio info Yes Yes
ETF Fund Facts - Net Assets info Yes No
ETF Fund Facts - Total Holdings info Yes No
ETFs - Top 10 Holdings info No Yes
ETFs - Sector Exposure info Yes No
ETFs - Risk Analysis info No Yes
ETFs - Ratings info Yes Yes
ETFs - Morningstar StyleMap info No No
ETFs - PDF Reports info No No
Mutual Fund Research Webull Citi Self Invest
Mutual Funds - Strategy Overview info No Yes
Mutual Funds - Performance Chart info No Yes
Mutual Funds - Performance Analysis info No Yes
Mutual Funds - Prospectus info No No
Mutual Funds - 3rd Party Ratings info No Yes
Mutual Funds - Fees Breakdown info No No
Mutual Funds - Top 10 Holdings info Yes Yes
Mutual Funds - Asset Allocation info No Yes
Mutual Funds - Sector Allocation info No No
Mutual Funds - Country Allocation info No No
Mutual Funds - StyleMap info No No
Options Trading Webull Citi Self Invest
Option Chains - Basic View info Yes No
Option Chains - Strategy View info Yes No
Option Chains - Streaming info No No
Option Chains - Total Columns info 23 0
Option Chains - Greeks info 5 0
Option Chains - Quick Analysis info Yes No
Option Analysis - P&L Charts info Yes No
Option Probability Analysis info Yes No
Option Probability Analysis Adv info Yes No
Option Positions - Greeks info Yes No
Option Positions - Greeks Streaming info No No
Option Positions - Adv Analysis info No No
Option Positions - Rolling info No No
Option Positions - Grouping info No No
Banking Webull Citi Self Invest
Bank (Member FDIC) info No Yes
Checking Accounts info No Yes
Savings Accounts info No Yes
Credit Cards info No Yes
Debit Cards info No Yes
Mortgage Loans info No Yes
Customer Service Webull Citi Self Invest
Phone Support (Prospect Customers) info Yes No
Phone Support (Current Customers) info Yes Yes
Email Support info Yes No
Live Chat (Prospect Customers) info No No
Live Chat (Current Customers) info No No
24/7 Support info Yes Yes
Overall Webull Citi Self Invest
Overall 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Investment Options 4/5 Stars 2.5/5 Stars
Platforms & Tools 4.5/5 Stars 2.5/5 Stars
Mobile Trading Apps 4.5/5 Stars 3/5 Stars
Research 3/5 Stars 2.5/5 Stars
Education 3/5 Stars 1.5/5 Stars
Ease Of Use 4.5/5 Stars 4.5/5 Stars
Winner check_circle
Review Webull Review Citi Self Invest Review
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