Broker comparison

Firstrade vs.
WeBull

Which broker fits your needs?

Platforms, products and fees side by side.

Checked on 22 October 2026

See comparison

Summary

Your goal decides

WeBull has a higher rating of 4.2/5 compared to Firstrade (4/5). Oversight: Firstrade: SEC/FINRA; WeBull: SEC/FINRA. Firstrade: Yes, commission-free. WeBull: Yes, commission-free. Firstrade has been in the market since 1985, making it the more experienced provider. Execution speed: Firstrade ~50 ms (US routing via NSCC), WeBull ~50 ms (Smart Order Routing).

Commission-free US broker with options trading since 1985

Commission-free broker with advanced analytical tools

At a glance

The key differences

Criterion
PlatformsFirstrade Web, Firstrade AppWebull Desktop, Webull Web, Webull App
Product typesStocks, Options, ETFs, Mutual Funds, BondsStocks, Options, ETFs, Crypto, ADRs
Options tradingYes, commission-freeYes, commission-free
Fee model$0 commission on stocks, ETFs and options$0 commission on stocks, ETFs and options
Minimum deposit0 $0 $
RegulationSEC/FINRASEC/FINRA
More informationDetailsDetails

Platforms

Firstrade

Firstrade Web, Firstrade App

WeBull

Webull Desktop, Webull Web, Webull App

Product types

Firstrade

Stocks, Options, ETFs, Mutual Funds, Bonds

WeBull

Stocks, Options, ETFs, Crypto, ADRs

Options trading

Firstrade

Yes, commission-free

WeBull

Yes, commission-free

Fee model

Firstrade

$0 commission on stocks, ETFs and options

WeBull

$0 commission on stocks, ETFs and options

Minimum deposit

Firstrade

0 $

WeBull

0 $

Regulation

Firstrade

SEC/FINRA

WeBull

SEC/FINRA

More information

Firstrade

Details

WeBull

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

$0 commission on stocks, ETFs and options

Published fee
$0 commission on stocks, ETFs and options
Minimum deposit
0 $
See terms at provider

$0 commission on stocks, ETFs and options

Published fee
$0 commission on stocks, ETFs and options
Minimum deposit
0 $
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Worked out

What does it actually cost?

Typical months at Firstrade and WeBull, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.

ScenarioFirstradeWeBull
ETF savings plan, ≈ €200 a monthUS$0$0 online ETF commission (≈ $230 buy); $0 × 1US$0No commission on US-listed ETFs; $0 × 1
10 stock buys of ≈ €1,000 a monthUS$0$0 online US stock commission × 10 ordersUS$0No commission on US stocks; $0 × 10 (SEC/CAT passed through)
10 US option contracts a monthUS$0$0 commission and $0 contract fee × 10 (ORF $0.02/contract excluded)US$0No commission on equity options; $0 × 10 (index options $0.50/contract)
One BTC purchase of ≈ €1,000—Crypto fee not confirmed on the official pricing pageUS$11.50No fee, but 1% spread built into price × $1,150
Custody and account fee per yearUS$0No account maintenance or inactivity feeUS$0No account fee; $5/month only if inactive >12 months and NAV < $1,000

Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: firstrade.com · help.en-us.firstrade.com · webull.com · webull.com · webull.com

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

StocksOptionsETFsMutual FundsBonds
StocksOptionsETFsCryptoADRs

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

Firstrade Web · Firstrade App

Firstrade offers its own web platform and mobile app with basic charting features, options chain view, real-time quotes, and an integrated screener for stocks and ETFs. The platform is intentionally kept simple and tailored to long-term investors. Options traders can create multi-leg strategies through the options chain feature. Research tools include Morningstar ratings and basic fundamental analyses.

Explore platform

Webull Desktop · Webull Web · Webull App

WeBull offers a feature-rich desktop platform, web version, and mobile app with advanced charting tools, over 50 technical indicators, and customizable layouts. The platform includes real-time market data, analyst ratings, financial metrics, and a community feature. Paper trading enables risk-free practice. All platforms provide full access to extended trading hours and options chains.

Explore platform

Regulation & security

Firstrade

Firstrade Securities Inc. (clearing: Apex Clearing)

Supervisor
SEC / FINRA
Investor compensation
SIPC member: up to $500,000 per customer (max. $250,000 cash) if the broker fails; no cover for market losses
Cash
Uninvested cash in the account: SIPC up to $250,000

WeBull

Webull Financial LLC (securities); crypto via Webull's crypto service provider

Investor compensation
SIPC up to $500,000 (incl. $250,000 cash) plus excess SIPC policy (Lloyd's) via clearing firm Apex
Cash
Cash in securities account: SIPC up to $250,000; excess SIPC up to $1.9M cash per customer (Apex omnibus)

Regulation does not protect against market losses. What counts is the entity you sign the contract with.

Your investor profile

Who might it suit?

Commission-free US broker with options trading since 1985

  • Completely commission-free trading
  • Over 35 years of experience
  • No minimum deposit
  • Less advanced platform
  • Limited research tools

Commission-free broker with advanced analytical tools

  • Completely commission-free trading
  • Advanced charting tools
  • Paper trading available
  • No mutual funds or bonds
  • Limited research reports

Find the broker that fits

Firstrade oder WeBull?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
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Your questions

Frequently asked questions

How do fees differ between Firstrade and WeBull?
Firstrade: $0 commission on stocks, ETFs and options. WeBull: $0 commission on stocks, ETFs and options. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Firstrade or WeBull?
Firstrade offers Stocks, Options, ETFs, Mutual Funds, Bonds. WeBull offers Stocks, Options, ETFs, Crypto, ADRs.
How are Firstrade and WeBull regulated?
The broker profiles list SEC/FINRA for Firstrade and SEC/FINRA for WeBull. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Firstrade or WeBull better for beginners?
Firstrade lists a 0 $ minimum deposit and offers Firstrade Web, Firstrade App. WeBull lists 0 $ and offers Webull Desktop, Webull Web, Webull App. Compare usability, available products and costs for your intended use.
Firstrade vs WeBull: Which broker is better overall?
The choice between Firstrade (4/5, 600 reviews) and WeBull (4.2/5, 1500 reviews) depends on your needs. Firstrade: Commission-free US broker with options trading since 1985. WeBull: Commission-free broker with advanced analytical tools.

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