E*TRADE vs Webull 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.
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.
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 |
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Stock Trading | Yes | Yes |
Margin Trading | Yes | Yes |
Fractional Shares | No | Yes |
OTC Stocks | Yes | Yes |
Mutual Funds | Yes | No |
Options Trading | Yes | Yes |
Futures Trading | Yes | Yes |
Crypto Trading | No | No |
Crypto Trading - Total Coins | 0 | 0 |
Range of Investments |
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Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025
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 |
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Web Trading Platform | Yes | Yes |
Desktop Trading Platform | No | Yes |
Desktop Platform (Mac) | No | Yes |
Paper Trading | Yes | Yes |
Watch Lists - Total Fields | 43 | 35 |
Charting - Indicators / Studies | 121 | 52 |
Charting - Drawing Tools | 37 | 19 |
Platforms & Tools |
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Dive deeper: 7 Best Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025
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 |
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Education (Stocks) | Yes | Yes |
Education (ETFs) | Yes | Yes |
Education (Options) | Yes | Yes |
Education (Mutual Funds) | Yes | No |
Education (Bonds) | Yes | No |
Paper Trading | Yes | Yes |
Videos | Yes | Yes |
Webinars | Yes | Yes |
Education |
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Dive deeper: Best Stock Trading Platforms for Beginners of 2025
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 |
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iPhone App | Yes | Yes |
Android App | Yes | Yes |
Apple Watch App | Yes | Yes |
Stock Alerts | Yes | Yes |
Charting - After-Hours | Yes | Yes |
Charting - Technical Studies | 107 | 56 |
Mobile Trading Apps |
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Dive deeper: Best Stock Trading Apps for 2025
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 |
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Minimum Deposit | $0.00 | $0.00 |
Stock Trades | $0.00 | $0.00 |
Options (Per Contract) | $0.65 | $0.00 |
Options Exercise Fee | $0.00 | $0.00 |
Options Assignment Fee | $0.00 | $0.00 |
IRA Annual Fee | $0.00 | $0.00 |
IRA Closure Fee | $0.00 | $0.00 |
Dive deeper: Best Free Trading Platforms for 2025
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 |
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Streaming Time & Sales | Yes | Yes |
Streaming TV | Yes | No |
Direct Market Routing - Stocks | Yes | No |
Level 2 Quotes - Stocks | Yes | Yes |
Trade Ideas - Backtesting | No | No |
Trade Ideas - Backtesting Adv | No | No |
Short Locator | No | No |
Dive deeper: Best Day Trading Platforms for 2025
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 |
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Research - Stocks | Yes | Yes |
Screener - Stocks | Yes | Yes |
Research - ETFs | Yes | Yes |
Screener - ETFs | Yes | No |
Research - Mutual Funds | Yes | No |
Screener - Mutual Funds | Yes | No |
Research - Bonds | Yes | No |
Screener - Bonds | Yes | No |
Research |
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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 |
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Checking Accounts | Yes | No |
Savings Accounts | Yes | No |
Debit Cards | Yes | No |
Credit Cards | Yes | No |
Mortgage Loans | Yes | No |
CDs | Yes | No |
Dive deeper: Best Bank Accounts for Trading Stocks for 2025
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.
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
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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0 of 5Overall Rating | E*TRADE | Webull | |
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Platforms & Tools |
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Mobile Trading Apps |
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Research |
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Customer Service |
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Education |
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Ease Of Use |
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Winner | check_circle | ||
Review | E*TRADE Review | Webull Review |
Broker Screenshots | E*TRADE | Webull | |
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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 | |
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Minimum Deposit | $0.00 | $0.00 | |
Stock Trades | $0.00 | $0.00 | |
Penny Stock Fees (OTC) | $6.95 | N/A | |
Mutual Fund Trade Fee | $0.00 | N/A | |
Options (Per Contract) | $0.65 | $0.00 | |
Futures (Per Contract) | $1.50 | $1.25 | |
Broker Assisted Trade Fee | $25 | N/A |
Margin Rates | E*TRADE | Webull | |
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Margin Rate Under $25,000 | 14.2% | 9.24% | |
Margin Rate $25,000 to $49,999.99 | 13.7% | 8.74% | |
Margin Rate $50,000 to $99,999.99 | 13.2% | 8.24% | |
Margin Rate $100,000 to $249,999.99 | 12.7% | 7.74% | |
Margin Rate $250,000 to $499,999.99 | 12.2% | 7.74% | |
Margin Rate $500,000 to $999,999.99 | Varies | 6.74% | |
Margin Rate Above $1,000,000 | Varies | 6.24% |
Account Fees | E*TRADE | Webull | |
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IRA Annual Fee | $0.00 | $0.00 | |
IRA Closure Fee | $0.00 | $0.00 | |
Account Transfer Out (Partial) | $0.00 | $75.00 | |
Account Transfer Out (Full) | $75.00 | $75.00 | |
Options Exercise Fee | $0.00 | $0.00 | |
Options Assignment Fee | $0.00 | $0.00 |
Investment Options | E*TRADE | Webull | |
---|---|---|---|
Stock Trading | Yes | Yes | |
Margin Trading | Yes | Yes | |
Fractional Shares | No | Yes | |
OTC Stocks | Yes | Yes | |
Options Trading | Yes | Yes | |
Complex Options Max Legs | 4 | 4 | |
Futures Trading | Yes | Yes | |
Forex Trading | No | No | |
Crypto Trading | No | No | |
Crypto Trading - Total Coins | 0 | 0 | |
Mutual Funds (No Load) | 6486 | 0 | |
Mutual Funds (Total) | 7242 | 0 | |
Bonds (US Treasury) | Yes | No | |
Bonds (Corporate) | Yes | No | |
Bonds (Municipal) | Yes | No | |
Traditional IRAs | Yes | Yes | |
Roth IRAs | Yes | Yes | |
Advisor Services | Yes | No | |
International Countries (Stocks) | 0 | 0 |
Order Types | E*TRADE | Webull | |
---|---|---|---|
Order Type - Market | Yes | Yes | |
Order Type - Limit | Yes | Yes | |
Order Type - After Hours | Yes | Yes | |
Order Type - Stop | Yes | Yes | |
Order Type - Trailing Stop | Yes | Yes | |
Order Type - OCO | Yes | Yes | |
Order Type - OTO | Yes | Yes | |
Order Type - Broker Assisted | Yes | No |
Beginners | E*TRADE | Webull | |
---|---|---|---|
Education (Stocks) | Yes | Yes | |
Education (ETFs) | Yes | Yes | |
Education (Options) | Yes | Yes | |
Education (Mutual Funds) | Yes | No | |
Education (Bonds) | Yes | No | |
Education (Retirement) | Yes | No | |
Retirement Calculator | Yes | No | |
Investor Dictionary | Yes | Yes | |
Paper Trading | Yes | Yes | |
Videos | Yes | Yes | |
Webinars | Yes | Yes | |
Webinars (Archived) | Yes | Yes | |
Progress Tracking | No | Yes | |
Interactive Learning - Quizzes | No | Yes |
Stock Trading Apps | E*TRADE | Webull | |
---|---|---|---|
iPhone App | Yes | Yes | |
Android App | Yes | Yes | |
Apple Watch App | Yes | Yes | |
Trading - Stocks | Yes | Yes | |
Trading - After-Hours | Yes | Yes | |
Trading - Simple Options | Yes | Yes | |
Trading - Complex Options | Yes | Yes | |
Order Ticket RT Quotes | Yes | Yes | |
Order Ticket SRT Quotes | Yes | Yes |
Stock App Features | E*TRADE | Webull | |
---|---|---|---|
Market Movers (Top Gainers) | Yes | Yes | |
Stream Live TV | Yes | No | |
Videos on Demand | No | No | |
Stock Alerts | Yes | Yes | |
Option Chains Viewable | Yes | Yes | |
Watch List (Real-time) | Yes | Yes | |
Watch List (Streaming) | Yes | Yes | |
Watch Lists - Create & Manage | Yes | Yes | |
Watch Lists - Column Customization | Yes | No |
Stock App Charting | E*TRADE | Webull | |
---|---|---|---|
Charting - After-Hours | Yes | Yes | |
Charting - Can Turn Horizontally | Yes | Yes | |
Charting - Multiple Time Frames | Yes | Yes | |
Charting - Technical Studies | 107 | 56 | |
Charting - Study Customizations | Yes | Yes | |
Charting - Stock Comparisons | Yes | Yes |
Trading Platforms | E*TRADE | Webull | |
---|---|---|---|
Active Trading Platform | Power E*TRADE | N/A | |
Desktop Trading Platform | No | Yes | |
Desktop Platform (Mac) | No | Yes | |
Web Trading Platform | Yes | Yes | |
Paper Trading | Yes | Yes | |
Trade Journal | No | No | |
Watch Lists - Total Fields | 43 | 35 |
Stock Chart Features | E*TRADE | Webull | |
---|---|---|---|
Charting - Adjust Trades on Chart | Yes | Yes | |
Charting - Indicators / Studies | 121 | 52 | |
Charting - Drawing Tools | 37 | 19 | |
Charting - Notes | Yes | Yes | |
Charting - Index Overlays | Yes | Yes | |
Charting - Historical Trades | Yes | Yes | |
Charting - Corporate Events | Yes | Yes | |
Charting - Custom Date Range | Yes | No | |
Charting - Custom Time Bars | No | No | |
Charting - Automated Analysis | Yes | Yes | |
Charting - Save Profiles | Yes | Yes | |
Trade Ideas - Technical Analysis | Yes | No | |
Charting - Study Customizations | 8 | 2 | |
Charting - Custom Studies | No | Yes |
Day Trading | E*TRADE | Webull | |
---|---|---|---|
Streaming Time & Sales | Yes | Yes | |
Streaming TV | Yes | No | |
Direct Market Routing - Stocks | Yes | No | |
Ladder Trading | No | Yes | |
Trade Hotkeys | Yes | Yes | |
Level 2 Quotes - Stocks | Yes | Yes | |
Trade Ideas - Backtesting | No | No | |
Trade Ideas - Backtesting Adv | No | No | |
Short Locator | No | No | |
Order Liquidity Rebates | No | No |
Research Overview | E*TRADE | Webull | |
---|---|---|---|
Research - Stocks | Yes | Yes | |
Research - ETFs | Yes | Yes | |
Research - Mutual Funds | Yes | No | |
Research - Pink Sheets / OTCBB | Yes | Yes | |
Research - Bonds | Yes | No | |
Screener - Stocks | Yes | Yes | |
Screener - ETFs | Yes | No | |
Screener - Mutual Funds | Yes | No | |
Screener - Bonds | Yes | No | |
Misc - Portfolio Allocation | Yes | No |
Stock Research | E*TRADE | Webull | |
---|---|---|---|
Stock Research - PDF Reports | 8 | 0 | |
Stock Research - Earnings | Yes | Yes | |
Stock Research - Insiders | Yes | Yes | |
Stock Research - Social | Yes | Yes | |
Stock Research - News | Yes | Yes | |
Stock Research - ESG | No | No | |
Stock Research - SEC Filings | Yes | Yes |
ETF Research | E*TRADE | Webull | |
---|---|---|---|
ETFs - Strategy Overview | Yes | Yes | |
ETF Fund Facts - Inception Date | Yes | Yes | |
ETF Fund Facts - Expense Ratio | Yes | Yes | |
ETF Fund Facts - Net Assets | Yes | Yes | |
ETF Fund Facts - Total Holdings | Yes | Yes | |
ETFs - Top 10 Holdings | Yes | Yes | |
ETFs - Sector Exposure | Yes | Yes | |
ETFs - Risk Analysis | Yes | No | |
ETFs - Ratings | Yes | Yes | |
ETFs - Morningstar StyleMap | Yes | No | |
ETFs - PDF Reports | Yes | No |
Mutual Fund Research | E*TRADE | Webull | |
---|---|---|---|
Mutual Funds - Strategy Overview | Yes | No | |
Mutual Funds - Performance Chart | Yes | No | |
Mutual Funds - Performance Analysis | Yes | No | |
Mutual Funds - Prospectus | Yes | No | |
Mutual Funds - 3rd Party Ratings | Yes | No | |
Mutual Funds - Fees Breakdown | Yes | No | |
Mutual Funds - Top 10 Holdings | Yes | Yes | |
Mutual Funds - Asset Allocation | Yes | No | |
Mutual Funds - Sector Allocation | Yes | No | |
Mutual Funds - Country Allocation | Yes | No | |
Mutual Funds - StyleMap | Yes | No |
Options Trading | E*TRADE | Webull | |
---|---|---|---|
Option Chains - Basic View | Yes | Yes | |
Option Chains - Strategy View | Yes | Yes | |
Option Chains - Streaming | Yes | No | |
Option Chains - Total Columns | 32 | 23 | |
Option Chains - Greeks | 5 | 5 | |
Option Chains - Quick Analysis | Yes | Yes | |
Option Analysis - P&L Charts | Yes | Yes | |
Option Probability Analysis | Yes | Yes | |
Option Probability Analysis Adv | Yes | Yes | |
Option Positions - Greeks | Yes | Yes | |
Option Positions - Greeks Streaming | Yes | No | |
Option Positions - Adv Analysis | Yes | No | |
Option Positions - Rolling | Yes | Yes | |
Option Positions - Grouping | Yes | No |
Banking | E*TRADE | Webull | |
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Bank (Member FDIC) | Yes | No | |
Checking Accounts | Yes | No | |
Savings Accounts | Yes | No | |
Credit Cards | Yes | No | |
Debit Cards | Yes | No | |
Mortgage Loans | Yes | No |
Customer Service | E*TRADE | Webull | |
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Phone Support (Prospect Customers) | Yes | Yes | |
Phone Support (Current Customers) | Yes | Yes | |
Email Support | Yes | Yes | |
Live Chat (Prospect Customers) | No | No | |
Live Chat (Current Customers) | Yes | No | |
24/7 Support | Yes | No |
Overall | E*TRADE | Webull | |
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Overall |
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Range of Investments |
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Platforms & Tools |
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Mobile Trading Apps |
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Research |
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Education |
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Ease Of Use |
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Winner | check_circle | ||
Review | E*TRADE Review | Webull Review |