Loading …
Head to head
Webull or Robinhood? Fees, regulation, platform and product range compared side by side — with a verdict drawn from the data.
Risk warning: CFDs and leveraged products are complex instruments and come with a high risk of losing money rapidly. Investments can fall in value. Past performance is not an indicator of future results.
A desktop-grade trading terminal wrapped in a zero-commission app — with a support desk that lags badly behind the software.
The cheapest way to trade options and the best trading app ever built — attached to the thinnest research desk and the longest enforcement record in the sector.
Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.
Four decision axes, each derived from the recorded data.
Overall Webull takes it, 4.1 against 3.9 out of 5. On commissions there is little between them — €0.00 against €0.00 for a reference EUR 5,000 order. Webull scores 86 against 78 out of 100 on the group index. Your account's protection depends on its legal entity. Webull covers more ground with 9 of 14 asset classes against 7. On platform and app Webull is ahead, 4.5 against 4.4 out of 5. Which one is right depends on which of these axes matters for your trading profile.
RobinhoodRobinhoodRobinhoodRobinhoodRobinhoodUp to four brokers at once — every row a decision point.
Data as of: 21 Aug 2026
| Criterion | ||
|---|---|---|
| Overall score | 4.1 — Better | 3.9 |
| Group index | 86 of 100 | 78 of 100 |
| Best for | US options tradersChart-driven active tradersMobile-first investorsFutures beginnersPaper-trading practice | Active options tradersMobile-first investorsMargin usersCrypto and equities in one appSmall starting balances |
| Regulation | FINRACFTC/NFAFCAASICMASAFM | SECFINRACFTCFCABank of Lithuania |
| Top-tier licences | 6 — Better | 4 |
| Investor protection | US$500,000 | US$500,000 |
| Listed group | Yes | Yes |
| Banking licence | No | No |
| Segregated client accounts | Yes | Yes |
| Negative balance protection | No | No |
| Audited financials | Yes | Yes |
| Disclosed regulatory actions | 1 | 4 |
| Founded | 2016 | 2013 |
| Headquarters | Saint Petersburg, Florida, US | Menlo Park, US |
| Fees | 4.5 | 4.8 — Better |
| Safety & regulation | 4.2 — Better | 3.6 |
| Trading platform | 4.4 — Better | 3.9 |
| Product range | 3.4 | 3.4 |
| Mobile app | 4.6 | 4.8 — Better |
| Research | 3.6 — Better | 2.8 |
| Customer support | 2.7 | 3.0 — Better |
| Deposit & withdrawal | 3.8 | 4.0 — Better |
| Account opening | 4.6 | 4.7 — Better |
| Education | 3.3 | 3.4 — Better |
| Reference order EUR 5,000 | €0.00 | €0.00 |
| Minimum deposit | None | None |
| Stocks (per order) | Free | Free |
| US stocks | Free | Free |
| ETFs | Free | Free |
| Options | Free | Free |
| Futures | US$1.25 | US$0.75 — Better |
| Crypto | in the spread | in the spread |
| Bonds (order) | 0.1 % | Not offered |
| Funds (order) | n/a | Not offered |
| EUR/USD spread | n/a | n/a |
| Index CFD spread | n/a | n/a |
| FX conversion | n/a | n/a |
| Inactivity fee | n/a | None |
| Custody fee | n/a | None |
| Withdrawal fee | free — Better | US$25 |
| Deposit fee | free | free |
| Overnight financing | n/a | n/a |
| Other fees |
|
|
| Asset classes (of 14) | 9 — Better | 7 |
| Exchanges | n/a | n/a |
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Options | Yes | Yes |
| Futures | Yes | Yes |
| Forex | No | No |
| CFDs | No | No |
| Crypto | Yes | Yes |
| Bonds | Yes | No |
| Funds | Yes | No |
| Commodities | Yes | Yes |
| Indices | Yes | Yes |
| Warrants | No | No |
| Spread betting | No | No |
| Social trading | No | No |
| Platforms | Webull DesktopWebull mobile appWebull WebWebull OpenAPITradingView integration | Robinhood MobileRobinhood WebRobinhood Legend |
| Demo account | Yes | No |
| Fractional shares | Yes | Yes |
| Maximum leverage | 1:4 | 1:2 |
| Account opening | Minutes to apply; most accounts are approved and funded within one business day | Minutes in-app; approval usually the same day |
| Account types | Individual cash accountIndividual margin accountIRA (Traditional, Roth, Rollover)Futures account (Webull Futures LLC) | Robinhood brokerage accountRobinhood GoldRobinhood Retirement (Traditional / Roth IRA)Stocks and shares ISA (UK only) |
| Payment methods | Bank transferDebit card | Bank transferCrypto |
| Account currencies | USD | USDGBPEUR |
| Deposit time | ACH instant to 3 business days; wires same or next business day | Instant up to your instant-deposit limit; 3–5 business days to fully clear |
| Withdrawal time | 1–3 business days by ACH; same day by wire | 1–3 business days by ACH; same day by wire |
| Free withdrawals | n/a | n/a |
| Languages | EnglishChinese | EnglishSpanish |
| Channels | PhoneEmailLive chat | Live chatEmailPhone |
| Availability | In-app chat and email around the clock; US phone line during business hours | 24/7 in-app chat and callback |
Editorial assessment based on the recorded data.
Webull
A desktop-grade trading terminal wrapped in a zero-commission app — with a support desk that lags badly behind the software.
Pros
Cons
Best for
Robinhood
The cheapest way to trade options and the best trading app ever built — attached to the thinnest research desk and the longest enforcement record in the sector.
Pros
Cons
Best for
Open an account with either
A demo account costs nothing and answers the platform question in ten minutes.
Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.
Alternatives people weigh up alongside these two.
