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E*TRADE vs Webull 2025

StockBrokers.com

Written by StockBrokers.com

February 20, 2025

In this head to head comparison of E*TRADE vs Webull, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

E*TRADE
5/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.65
Webull
4/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.00

Range of investments

When comparing E*TRADE to Webull for investment options, it's evident that both platforms excel in several areas but differ in key features. E*TRADE offers stock and margin trading, mutual funds, options trading, and futures trading, making it a versatile choice for those seeking a wide range of traditional investments. On the other hand, Webull, while also providing stock, margin, options, and futures trading, caters more to modern investors with its fractional shares trading option. Both platforms lack forex and crypto trading, with neither offering any crypto coins. E*TRADE is rated more highly by StockBrokers.com, scoring 4.5 stars and ranking at #4 for Range of Investments, due to its more diverse investment offerings compared to Webull's 4-star rating and #12 ranking.

E*TRADE stands out with its inclusion of mutual funds and advisor services, making it a suitable option for investors interested in a more guided investment journey. Their traditional and Roth IRA accounts provide additional benefits for retirement planning. On the flip side, Webull's lack of mutual funds and advisor services suggests it's better suited for self-directed investors who value independence and are particularly interested in engaging with trading tools that support fractional shares.

In terms of retirement accounts, both E*TRADE and Webull offer traditional and Roth IRAs, giving investors the ability to plan for the future on either platform. Choosing between the two largely depends on whether you prioritize having a broader array of traditional investments with E*TRADE or if you prefer Webull's modern approach to stock trading through fractional shares. Ultimately, E*TRADE's higher rating and ranking reflect its broader investment options, making it an appealing choice for diversified investors.

Feature E*TRADE logoE*TRADE
Webull logoWebull
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info No Yes
OTC Stocks info Yes Yes
Mutual Funds info Yes No
Options Trading info Yes Yes
Futures Trading info Yes Yes
Crypto Trading info No No
Crypto Trading - Total Coins info 0 0
Range of Investments 4.5/5 Stars 4/5 Stars

Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025

Trading platforms and tools

When choosing between E*TRADE and Webull for trading platforms and tools, it's important to weigh the features that matter most to you. Both brokers offer strong platforms, earning four-star ratings and high rankings on StockBrokers.com, with E*TRADE at #5 and Webull at #7. E*TRADE excels with its extensive charting capabilities, offering a broader range of technical indicators and drawing tools. Meanwhile, Webull stands out with its desktop platform support for both Windows and Mac, and the ability to create custom studies on charts.

E*TRADE and Webull both provide access to browser-based trading platforms and paper trading, ensuring convenience and practice opportunities. While neither broker includes a trading journal, E*TRADE offers a more comprehensive set of 121 technical indicators and 37 drawing tools, compared to Webull's 52 indicators and 19 drawing tools. If having a wide range of chart customization options is crucial to your trading style, E*TRADE provides the ability to adjust open orders directly on the chart, display corporate events, and even show automated technical analysis on charts. Notably, E*TRADE also allows setting custom date ranges on charts, a feature missing from Webull.

Webull, however, can be appealing for those preferring downloadable desktop platforms, available for both Windows and Mac users. Additionally, Webull supports the creation of custom studies, which provides a unique edge for traders interested in tailor-made chart analyses. On the other hand, Webull falls short in terms of customization for simple moving average studies, offering only two fields compared to E*TRADE's eight. With 35 fields available for watch lists, Webull offers fewer than E*TRADE's 43, but both allow users to easily track and manage their investments through versatile chart features and functionalities.

Feature E*TRADE logoE*TRADE
Webull logoWebull
Web Trading Platform info Yes Yes
Desktop Trading Platform info No Yes
Desktop Platform (Mac) info No Yes
Paper Trading info Yes Yes
Watch Lists - Total Fields info 43 35
Charting - Indicators / Studies info 121 52
Charting - Drawing Tools info 37 19
Platforms & Tools 4/5 Stars 4/5 Stars

Dive deeper: 7 Best Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025

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Beginners and education

When comparing E*TRADE and Webull in terms of beginner and investor education, both platforms offer a wide array of resources to guide novice investors through the complexities of the market. E*TRADE shines with its comprehensive educational materials, covering stocks, ETFs, options, mutual funds, and bonds. The platform supports learning with educational videos and webinars, alongside offering paper trading to practice skills in a risk-free environment. While E*TRADE lacks educational quizzes and a progress-tracking feature, its overall educational offerings earn it a 5-star rating and a commendable 4th place ranking out of 16 brokers by StockBrokers.com.

Webull also provides a solid foundation for investors, with education on stocks, ETFs, and options, complemented by educational videos, webinars, and a paper trading feature. Unique to Webull is the inclusion of educational quizzes and the ability to track learning progress, which cater to a more interactive learning style. However, the absence of lessons on mutual funds and bonds somewhat limits its educational scope, resulting in a 4-star rating and an 11th place ranking by StockBrokers.com. Both platforms, however, offer valuable tools and resources for those starting their investment journey.

Feature E*TRADE logoE*TRADE
Webull logoWebull
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info Yes No
Education (Bonds) info Yes No
Paper Trading info Yes Yes
Videos info Yes Yes
Webinars info Yes Yes
Education 5/5 Stars 4/5 Stars

Dive deeper: Best Stock Trading Platforms for Beginners of 2025

Stock trading apps

When comparing E*TRADE and Webull's stock trading app capabilities, E*TRADE slightly edges out its competitor with a few additional features that enhance the trading experience. Both platforms offer apps for iPhone, Android, and Apple Watch, but E*TRADE distinguishes itself with streaming live TV and the ability to customize watch list columns. Additionally, E*TRADE provides more technical studies for charting, with a total of 107 compared to Webull's 56. These added capabilities contribute to E*TRADE's higher rating of 5 stars, compared to Webull's 4.5 stars, as well as its higher ranking at #4 versus Webull's #5 among 16 brokers by StockBrokers.com.

Both E*TRADE and Webull deliver a variety of essential features for traders on the go. Users can trade stocks and options, enjoy after-hours trading, access streaming quotes, and receive stock alerts through their mobile apps. They also have the ability to create custom watch lists and view charts in landscape mode with multiple time frames. Despite these similarities, E*TRADE has an edge in providing stock traders the ability to stream live TV directly from the app, enhancing the accessibility of real-time financial news and updates.

Charting capabilities are also strong on both platforms, offering the ability to display stock comparisons and after-hours charting. However, E*TRADE provides a wider array of technical studies within its app, which can be particularly useful for more in-depth technical analysis and decision-making. While Webull offers solid functionality for mobile trading, E*TRADE's additional features and customization options make it a slightly more comprehensive choice for those who appreciate a rich set of tools and resources at their fingertips.

Feature E*TRADE logoE*TRADE
Webull logoWebull
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes Yes
Stock Alerts info Yes Yes
Charting - After-Hours info Yes Yes
Charting - Technical Studies info 107 56
Mobile Trading Apps 5/5 Stars 4.5/5 Stars

Dive deeper: Best Stock Trading Apps for 2025

Fees

When choosing between E*TRADE and Webull, the decision often comes down to specific needs related to account fees and trading charges. Both platforms are attractive for beginners and seasoned investors due to their $0 minimum deposit and commission-free stock trading. However, examining the margin rates and fees associated with options trading can help identify which might be more cost-effective for your investment style.

For options traders, Webull stands out with its $0 options contract charge, whereas E*TRADE charges $0.65 per contract. If options trading is a significant part of your investment strategy, this could make a noticeable difference in costs. Regarding margin rates, Webull also tends to have lower charges across the board. For instance, on margin balances below $25,000, E*TRADE charges a rate of 14.2%, while Webull offers a much lower rate of 9.24%. These lower fees can add up to significant savings for investors engaging in margin trading.

In terms of account management, E*TRADE and Webull both offer free IRA services with no annual or closure fees, making them both appealing for retirement savers. However, when it comes to account transfers, Webull imposes a $75 fee for partial transfers, whereas E*TRADE doesn't charge for partial transfers but does match Webull’s $75 fee for full transfers. Users should also note that neither platform charges for options exercise or assignment fees, an advantage for those dealing with options in their investment strategy. Overall, both platforms have competitive offerings, but your choice will depend on your specific trading activities and the associated costs.

Feature E*TRADE logoE*TRADE
Webull logoWebull
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Options (Per Contract) info $0.65 $0.00
Options Exercise Fee info $0.00 $0.00
Options Assignment Fee info $0.00 $0.00
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $0.00 $0.00

Dive deeper: Best Free Trading Platforms for 2025

Day Trading

When it comes to day trading capabilities, both E*TRADE and Webull offer compelling features. E*TRADE provides streaming time and sales for stocks, as does Webull. However, E*TRADE has an advantage with streaming live TV, giving traders up-to-date financial news directly. Webull, in contrast, lacks this feature. Both platforms offer trading hotkeys, making them friendly for those who prefer keyboard trade entries, and they both provide access to level 2 quotes, which can be crucial for day traders. While E*TRADE supports direct market routing for stocks, Webull does not, which could affect execution preferences for some traders.

Webull does stand out with ladder trading, a feature absent from E*TRADE. Unfortunately, neither platform currently supports basic or advanced strategy backtesting, nor do they offer a short locator tool or order liquidity (maker/taker) rebates. For traders prioritizing direct market routing and live financial updates, E*TRADE might be the better option. Meanwhile, those who value ladder trading might prefer Webull. Depending on specific trading needs, both platforms present worthy choices for day traders seeking comprehensive tools and functionalities.

Feature E*TRADE logoE*TRADE
Webull logoWebull
Streaming Time & Sales info Yes Yes
Streaming TV info Yes No
Direct Market Routing - Stocks info Yes No
Level 2 Quotes - Stocks info Yes info Yes
Trade Ideas - Backtesting info No No
Trade Ideas - Backtesting Adv info No No
Short Locator info No No

Dive deeper: Best Day Trading Platforms for 2025

Market Research

When comparing E*TRADE and Webull, E*TRADE stands out for its comprehensive market research capabilities, earning a 5-star rating compared to Webull's 2.5 stars. E*TRADE is ranked second out of 16 brokers by StockBrokers.com for market research, whereas Webull sits at ninth place. E*TRADE’s superior position is largely due to the breadth and depth of its research offerings, making it a more attractive option for those seeking detailed investment analysis.

E*TRADE provides extensive research across various asset classes, including stocks, ETFs, mutual funds, and bonds. In contrast, Webull limits its research scope, excluding mutual funds and bonds. Both platforms offer stock and ETF research, but E*TRADE also supplies downloadable PDF reports for these markets, while Webull does not. Additionally, E*TRADE challenges Webull in areas like portfolio allocation visibility and research report availability, further enhancing its appeal to market-savvy investors.

Both brokers excel in certain areas, such as offering stock research that includes social media sentiment data and stock screeners for generating trade ideas. However, E*TRADE goes a step further, providing screeners for ETFs, mutual funds, and bonds—areas where Webull falls short. For investors who prioritize comprehensive market research tools and resources, E*TRADE clearly offers a more versatile and informative experience.

Feature E*TRADE logoE*TRADE
Webull logoWebull
Research - Stocks info Yes Yes
Screener - Stocks info Yes Yes
Research - ETFs info Yes Yes
Screener - ETFs info Yes No
Research - Mutual Funds info Yes No
Screener - Mutual Funds info Yes No
Research - Bonds info Yes No
Screener - Bonds info Yes No
Research 5/5 Stars 2.5/5 Stars

Banking

When comparing E*TRADE and Webull for banking services, E*TRADE comes out ahead with a wider range of offerings. E*TRADE provides its clients with access to checking and savings accounts, a distinct advantage over Webull, which does not offer these services. Additionally, E*TRADE offers debit and credit cards, allowing for easy transactions and credit-building opportunities, while Webull lacks these financial tools. For those seeking lending options, E*TRADE offers mortgage loans, a service not available through Webull. Furthermore, E*TRADE provides certificates of deposit (CDs) for customers looking to secure their savings with fixed interest rates. In contrast, Webull does not offer CDs. Overall, E*TRADE offers a comprehensive suite of banking services that Webull does not, making it a favorable choice for individuals seeking more diversified financial solutions.

Feature E*TRADE logoE*TRADE
Webull logoWebull
Checking Accounts info Yes No
Savings Accounts info Yes No
Debit Cards info Yes No
Credit Cards info Yes No
Mortgage Loans info Yes No
CDs info Yes No

Dive deeper: Best Bank Accounts for Trading Stocks for 2025

Winner

After opening live accounts and testing 16 of the best online brokers, our research and live account testing finds that E*TRADE is better than Webull. E*TRADE finished with an overall score of 95.4%, while Webull finished with a score of 81.0%.

E*TRADE is a top-performing broker whose highlights include $0 trades, two excellent mobile apps and the Power E*TRADE platform. Crypto, however, is not available.

FAQs

Can you trade cryptocurrency with E*TRADE or Webull?

When comparing E*TRADE and Webull, neither online broker offers crypto trading, with both platforms providing zero coins for crypto trading enthusiasts.

Dive deeper: Best Online Brokers for Crypto Trading in 2025

Does E*TRADE or Webull offer IRAs?

Both E*TRADE and Webull provide traditional and Roth IRA accounts with no annual fees, and neither charges a closure fee, making them cost-effective options for investors seeking fee-free retirement savings solutions.

Dive deeper: Best IRA Accounts for 2025

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Compare

0 of 5
Overall Rating E*TRADE Webull
Overall 5/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading Apps 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 2.5/5 Stars
Customer Service 4.0/5 Stars 3/5 Stars
Education 5/5 Stars 4/5 Stars
Ease Of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review E*TRADE Review Webull Review
Broker Screenshots E*TRADE Webull
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 E*TRADE Webull
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Penny Stock Fees (OTC) info $6.95 info N/A
Mutual Fund Trade Fee info $0.00 N/A
Options (Per Contract) info $0.65 $0.00
Futures (Per Contract) info $1.50 $1.25 info
Broker Assisted Trade Fee info $25 N/A
Margin Rates E*TRADE Webull
Margin Rate Under $25,000 info 14.2% info 9.24%
Margin Rate $25,000 to $49,999.99 info 13.7% 8.74%
Margin Rate $50,000 to $99,999.99 info 13.2% 8.24%
Margin Rate $100,000 to $249,999.99 info 12.7% 7.74%
Margin Rate $250,000 to $499,999.99 info 12.2% 7.74%
Margin Rate $500,000 to $999,999.99 info Varies info 6.74%
Margin Rate Above $1,000,000 info Varies info 6.24% info
Account Fees E*TRADE Webull
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $0.00 $0.00
Account Transfer Out (Partial) info $0.00 $75.00
Account Transfer Out (Full) info $75.00 $75.00
Options Exercise Fee info $0.00 $0.00
Options Assignment Fee info $0.00 $0.00
Investment Options E*TRADE Webull
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info No Yes
OTC Stocks info Yes Yes
Options Trading info Yes Yes
Complex Options Max Legs info 4 4
Futures Trading info Yes Yes
Forex Trading info No No
Crypto Trading info No No
Crypto Trading - Total Coins info 0 0
Mutual Funds (No Load) info 6486 0
Mutual Funds (Total) info 7242 0
Bonds (US Treasury) info Yes No
Bonds (Corporate) info Yes No
Bonds (Municipal) info Yes No
Traditional IRAs info Yes Yes
Roth IRAs info Yes Yes
Advisor Services info Yes No
International Countries (Stocks) info 0 0
Order Types E*TRADE Webull
Order Type - Market info Yes Yes
Order Type - Limit info Yes Yes
Order Type - After Hours info Yes Yes
Order Type - Stop info Yes Yes
Order Type - Trailing Stop info Yes Yes
Order Type - OCO info Yes Yes
Order Type - OTO info Yes Yes
Order Type - Broker Assisted info Yes No
Beginners E*TRADE Webull
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info Yes No
Education (Bonds) info Yes No
Education (Retirement) info Yes No
Retirement Calculator info Yes No
Investor Dictionary info Yes Yes
Paper Trading info Yes Yes
Videos info Yes Yes
Webinars info Yes Yes
Webinars (Archived) info Yes Yes
Progress Tracking info No Yes
Interactive Learning - Quizzes info No Yes
Stock Trading Apps E*TRADE Webull
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes Yes
Trading - Stocks info Yes Yes
Trading - After-Hours info Yes Yes
Trading - Simple Options info Yes Yes
Trading - Complex Options info Yes Yes
Order Ticket RT Quotes info Yes Yes
Order Ticket SRT Quotes info Yes Yes
Stock App Features E*TRADE Webull
Market Movers (Top Gainers) info Yes Yes
Stream Live TV info Yes No
Videos on Demand info No No
Stock Alerts info Yes Yes
Option Chains Viewable info Yes Yes
Watch List (Real-time) info Yes Yes
Watch List (Streaming) info Yes Yes
Watch Lists - Create & Manage info Yes Yes
Watch Lists - Column Customization info Yes No
Stock App Charting E*TRADE Webull
Charting - After-Hours info Yes Yes
Charting - Can Turn Horizontally info Yes Yes
Charting - Multiple Time Frames info Yes Yes
Charting - Technical Studies info 107 56
Charting - Study Customizations info Yes Yes
Charting - Stock Comparisons info Yes Yes
Trading Platforms E*TRADE Webull
Active Trading Platform info Power E*TRADE N/A
Desktop Trading Platform info No Yes
Desktop Platform (Mac) info No Yes
Web Trading Platform info Yes Yes
Paper Trading info Yes Yes
Trade Journal info No No
Watch Lists - Total Fields info 43 35
Stock Chart Features E*TRADE Webull
Charting - Adjust Trades on Chart info Yes Yes
Charting - Indicators / Studies info 121 52
Charting - Drawing Tools info 37 19
Charting - Notes info Yes Yes
Charting - Index Overlays info Yes Yes
Charting - Historical Trades info Yes Yes
Charting - Corporate Events info Yes Yes
Charting - Custom Date Range info Yes No
Charting - Custom Time Bars info No No
Charting - Automated Analysis info Yes Yes
Charting - Save Profiles info Yes Yes
Trade Ideas - Technical Analysis info Yes No
Charting - Study Customizations info 8 2
Charting - Custom Studies info No Yes
Day Trading E*TRADE Webull
Streaming Time & Sales info Yes Yes
Streaming TV info Yes No
Direct Market Routing - Stocks info Yes No
Ladder Trading info No Yes
Trade Hotkeys info Yes Yes
Level 2 Quotes - Stocks info Yes info Yes
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 E*TRADE Webull
Research - Stocks info Yes Yes
Research - ETFs info Yes Yes
Research - Mutual Funds info Yes No
Research - Pink Sheets / OTCBB info Yes Yes
Research - Bonds info Yes No
Screener - Stocks info Yes Yes
Screener - ETFs info Yes No
Screener - Mutual Funds info Yes No
Screener - Bonds info Yes No
Misc - Portfolio Allocation info Yes No
Stock Research E*TRADE Webull
Stock Research - PDF Reports info 8 0
Stock Research - Earnings info Yes Yes
Stock Research - Insiders info Yes Yes
Stock Research - Social info Yes Yes
Stock Research - News info Yes Yes
Stock Research - ESG info No No
Stock Research - SEC Filings info Yes Yes
ETF Research E*TRADE Webull
ETFs - Strategy Overview info Yes Yes
ETF Fund Facts - Inception Date info Yes Yes
ETF Fund Facts - Expense Ratio info Yes Yes
ETF Fund Facts - Net Assets info Yes Yes
ETF Fund Facts - Total Holdings info Yes Yes
ETFs - Top 10 Holdings info Yes Yes
ETFs - Sector Exposure info Yes Yes
ETFs - Risk Analysis info Yes No
ETFs - Ratings info Yes Yes
ETFs - Morningstar StyleMap info Yes No
ETFs - PDF Reports info Yes No
Mutual Fund Research E*TRADE Webull
Mutual Funds - Strategy Overview info Yes No
Mutual Funds - Performance Chart info Yes No
Mutual Funds - Performance Analysis info Yes No
Mutual Funds - Prospectus info Yes No
Mutual Funds - 3rd Party Ratings info Yes No
Mutual Funds - Fees Breakdown info Yes No
Mutual Funds - Top 10 Holdings info Yes Yes
Mutual Funds - Asset Allocation info Yes No
Mutual Funds - Sector Allocation info Yes No
Mutual Funds - Country Allocation info Yes No
Mutual Funds - StyleMap info Yes No
Options Trading E*TRADE Webull
Option Chains - Basic View info Yes Yes
Option Chains - Strategy View info Yes Yes
Option Chains - Streaming info Yes No
Option Chains - Total Columns info 32 23
Option Chains - Greeks info 5 5
Option Chains - Quick Analysis info Yes Yes
Option Analysis - P&L Charts info Yes Yes
Option Probability Analysis info Yes Yes
Option Probability Analysis Adv info Yes Yes
Option Positions - Greeks info Yes Yes
Option Positions - Greeks Streaming info Yes No
Option Positions - Adv Analysis info Yes No
Option Positions - Rolling info Yes Yes
Option Positions - Grouping info Yes No
Banking E*TRADE Webull
Bank (Member FDIC) info Yes No
Checking Accounts info Yes No
Savings Accounts info Yes No
Credit Cards info Yes No
Debit Cards info Yes No
Mortgage Loans info Yes No
Customer Service E*TRADE Webull
Phone Support (Prospect Customers) info Yes Yes
Phone Support (Current Customers) info Yes Yes
Email Support info Yes Yes
Live Chat (Prospect Customers) info No No
Live Chat (Current Customers) info Yes No
24/7 Support info Yes No
Overall E*TRADE Webull
Overall 5/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading Apps 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 2.5/5 Stars
Education 5/5 Stars 4/5 Stars
Ease Of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review E*TRADE Review Webull Review
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