Compare brokers side by side before you choose.

86

91

97

100

70

92

94

94

86

89

Best framed as a U.S.-focused low-cost, app-first multi-asset broker for self-directed stocks/ETFs/options, with newer futures and separate crypto access. Strong official evidence…

Best suited for U.S.-centric investors and active traders who want a large, bank-affiliated multi-asset brokerage with $0 online listed stock/ETF commissions, strong platform dept…

Webull Financial LLC is SEC-registered and FINRA/SIPC/NYSE/NASDAQ/Cboe EDGX member; futures are CFTC/NFA; Webull Pay LLC is a licensed money transmitter for crypto.

SEC; FINRA; SIPC; CFTC; NFA; FDIC

FINRA CRD 289063; NFA BASIC profile 0528018; Webull Pay NMLS 1886762; Bakkt NMLS 1890144.

Charles Schwab & Co., Inc. CRD 5393; SEC 801-29938 and 8-16514

Webull product entities include Webull Financial LLC for securities, Webull Futures LLC/Webull Financial LLC futures disclosures, Webull Advisors LLC for advisory, Webull Pay LLC for crypto, and Bakkt as a crypto service provider in some states.

Charles Schwab & Co., Inc.; Charles Schwab Futures and Forex LLC; Charles Schwab Bank, SSB; Charles Schwab Premier Bank, SSB

Not disclosed as a general policy; margin and options disclosures state customers can lose more than the original investment/deposit.

Not disclosed as retail brokerage negative balance protection; futures/forex are leveraged and losses may exceed initial investment.

SIPC and Excess SIPC apply to Webull Financial LLC securities accounts only; futures and other assets outside the securities account are not covered, and crypto is not FDIC or SIPC insured.

SIPC protection up to $500,000 including a $250,000 cash limit for brokerage account assets; futures accounts are not protected by SIPC.

No minimum deposit requirement disclosed for Webull Financial accounts.

$0 minimum for standard U.S. brokerage and IRA accounts; Schwab One International accounts require a minimum deposit but amount is not disclosed in checked official pages.

Not applicable/not disclosed for commission-free U.S. securities brokerage; futures/crypto execution costs may vary and are product-specific.

Not applicable to this stock/ETF investment broker profile; no CFD/FX spread schedule identified as a core product in reviewed sources.

Zero stock/ETF/options commissions on U.S.-listed securities, with index option and oversized order contract fees plus pass-through fees.

stock_commission: $0 online commission for listed stocks and ETFs; OTC equities $6.95; broker-assisted service charge $25; etf_commission: $0 online commission for listed U.S.-exchange ETFs; options_commission: $0 online base commission plus $0.65 per options contract; futures_commission: $2.25 per contract, per side, for futures and futures options; exchange, regulatory, overnight, NFA, and market-data fees may apply; mutual_fund_commission: $0 on thousands of Schwab Mutual Fund OneSource funds; all other mutual funds up to $74.95 per purchase; bond_commission: New-issue bonds/CDs: $0 online/selling concession included; Treasuries online $0; most other secondary bonds $1 per bond with $10 minimum and $250 maximum; forex_commission: $0 commission; forex trade costs are reflected in the bid/ask spread

Deposit costs vary by method and failure/return; current pricing page emphasizes transfer/stock transfer fees but ACH deposit fee is not disclosed as charged.

$0 for funds entering a standard brokerage account; banking deposit services generally no monthly/account minimum fees, but certain services can have fees

Wire and ACAT/outgoing stock transfer fees are disclosed; ACH withdrawal fee not disclosed in checked pages.

No fee for routine withdrawals from standard brokerage per FAQ; full outbound ACAT $50 and outgoing wire $25; Schwab Bank Investor Checking has unlimited ATM fee rebates for cash withdrawals worldwide, subject to conditions.

No inactivity fee found in checked official pricing/disclosure pages.

$0 annual maintenance/inactivity fee for standard brokerage accounts

Stocks, ETFs, options, OTC/fractional/ADR securities, futures, crypto, fixed income/money market and managed ETF portfolios are disclosed, with eligibility caveats.

Stocks; fractional shares; ETFs; mutual funds; bonds/CDs/fixed income; money market funds; options; futures; futures options; forex; international stocks/ADRs/foreign ordinaries; cash products; annuities; alternatives; crypto ETPs/securities/futures.

Desktop, web, mobile app, and iPad access are disclosed; Desktop supports Mac, Windows and Linux Ubuntu downloads.

Schwab.com; Schwab Mobile; thinkorswim desktop; thinkorswim web; thinkorswim mobile; paperMoney

Individual cash/margin, IRAs, futures, advisor, entity, joint, event, custodial, and crypto account types.

Individual Brokerage; Joint Brokerage; Schwab One Brokerage; Investor Checking-linked brokerage; Futures Account; Global Account; IRAs; custodial, education, trust, estate, organization, and business retirement accounts; Schwab Intelligent Portfolios.

ACH, wire, direct deposit, debit card, rollover check and internal transfer/crypto-to-brokerage flows appear in official funding/help pages.

ACH/electronic transfer/MoneyLink; wire transfer; check/mail check; Schwab Mobile Deposit for checking; direct deposit for checking; account transfer/ACAT; branch/in-person deposit where available.

ACH and wire withdrawals are disclosed; crypto sale proceeds outside NY/Guam/Northern Mariana Islands must be transferred to brokerage before withdrawal.

Transfer to linked bank/checking; wire transfer; check; ATM/debit card for Schwab Bank Investor Checking; ACAT outbound account transfer.

Domestic wire same day/1-2 business days and international up to 5 business days; ACH withdrawal references indicate typically 1-2 business days after processing.

Cash moved from brokerage to linked Investor Checking is generally available in seconds, but weekend/after-hours transfers may not be available until the next business day; other withdrawal methods vary/not fully disclosed on checked pages.