If you are a beginner in the world of stock trading and looking to gain some experience for free, Webull has got you covered. Webull is one of the best free trading applications that is easy to use and understand for beginners, and it is also available on your desktop computer. Besides offering a user-friendly experience, Webull offers competitive rates as compared to other free trading applications with a variety of affordable options. But at the same time, it also has flaws like the other free trading applications. Therefore, we have written his detailed Webull Review to discuss how well this platform will perform in 2024.

What is Special About Weibull in 2024?

Webull provides a modern trading platform with affordable investment options as compared to its competitors. Beginners who are in search of gaining trading experience with advanced trading tools should definitely consider Webull. This year's special by Webull brings the opportunity to make 4.5% in similar IRA funds until April 30, 2024. Webull is best for traders who are looking for mobile brokers with options to use trading tools and automated support.

The best thing about we-bull is that it offers commission-free trading with little to no deposit requirements. Hence, it gives beginner traders a pretty good chance to experience and learn about trading without paying hefty fees. If you want to experience trading for free, then you can go for Webull's paper trading demo. This demo lets you open a free account without making any deposits, so you don't have to put your earnings on the line to learn trading.

Besides being a helpful resource for learning to trade, Webull also offers advanced charts and extensive options on their desktop-based platform. Professional traders can learn from Webull's desktop application and explore everything from indicators to screeners. Moreover, Webull offers tax-benefited traditional, Roth, and rollover individual retirement accounts for long-term investors.

Trading Options on Webull

Below, we have mentioned the areas where beginner and professional traders can participate in Webull.

• EFTs
• Cryptocurrency
• Stocks
• Options between buyer and seller through contract

What We Like About Webull

Webull charges the lowest fees as compared to other trading platforms without imposing any minimum deposit limitations. There is no such thing as an inactivity fee, stock fee, or ETF contract charges either. Moreover, it does not skim any commission, unlike the other platforms that have a percentage-based fee structure.

With Webull, you get a modern trading experience with the advanced tools and features that are commonly offered by major brokerage platforms like Fin-tech brokers. On Webull, you get advanced tools and services with a clean application interface that is user-friendly for beginners.

What We Don't Like About Webull

Webull seems advanced and up-to-date for a trading platform in 2024. However, Webull's investment options are limited. There are many investors who are looking to trade in mutual funds and bonds. Another downside is that Webull lacks a live chat support option. Even though they offer reliable support via other means like email and phone, beginners who are learning to trade can get more convenience from a chatbot that provides them with better and direct assistance.

What Types of Tools Are Available on Webull?

Here, we have enlisted some of the prominent tools that you can use on Webull to begin with your trading experience.

• Screeners
• Technical Indicators
• Advanced Charts
• Paper Trading Simulator Account
• Stock Watchlist
• Educational Videos

An additional feature that comes with this application is the Nasdaq TotalView, which is only available to subscribers and costs $2.99 a month.

Is Webull a Legitimate Platform?

Webull is a United States-based fin-tech firm that was established in 2017, and it's totally legit. Webull has also registered with the SEC (Securities and Exchange Commission), SIPC (Securities Investor Protection), and FINRA (Financial Industry Regulatory Authority). No user has recently reported being scammed on Webull, which is quite common when you are trading on a free platform.

Is it Safe to Trade on Webull?

Another concerning fact about trading on a free platform is the question of data privacy. However, many users from Trustpilot have assured us that Webull is a safe and secure platform that protects users' data from public means. Weibull's privacy policy clearly states that it regularly conducts system audits to maintain security. In case Webull becomes insolvent, the customers are protected and insured with up to $500,000.

How to Join Webull?

Opening an account on Webull is free and easy by following these steps.

1. Open the Webull application on your smartphone and select the 'Sign up now' button.
2. Select 'Join today' to begin with your application.
3. Provide the personal information and credentials in the form, including your employment status and investment areas.
4. Upload your photo ID for identity verification.
5. Select an account type.
6. Verify your email address.
7. Finally, submit your application and look forward to the confirmation email from Webull on account creation.

Eligibility Requirement to Become Webull Member

Even though account creation on Webull is free, there are some easy requirements that you must meet in order to become a member.

• Make sure you are at the age of 18 or above.
• Applicant should be a US resident or citizen.
• Must have your Social Security Number.
• State-issued Photo ID.

Conclusion

Webull is among the most popular, legit, and free-to-use trading platforms that offer reliable services for beginners and professional traders. With their desktop and mobile application support, you can never miss out on any investment opportunity and always stay updated with the profitable world of trading. If you are someone who wants to learn trading for free with real-time experience, you should definitely join Webull to learn advanced trading tools