Best Webull Alternatives and Competitors in May 2026

The post Best Webull Alternatives and Competitors in May 2026 by Sarah Horvath appeared first on Benzinga. Visit Benzinga to get more great content like this.

When considering alternatives to Webull, you have various platforms to explore that offer competitive features and benefits. Among these, moomoo stands out as a top choice, not only providing up to 60 free stocks with a qualified deposit for new customers but also offering an attractive 8.1% APY on idle cash for a limited time. With numerous platforms available in the market, finding the right alternative to Webull requires weighing factors such as trading fees, account minimums and educational resources. If you’re unsatisfied with Webull, our guide will help you invest with confidence. 

Quick Look at the Top Webull Alternatives:

• Best for trading ideas: Public.com
• Best for global capacity: Interactive Brokers
• Best for simple trading: Robinhood
• Best for futures trading: TradeStation
• Best for app features: Moomoo
• Best for cryptocurrency trading: Coinbase

6 Best Alternatives and Competitors to Webull

Looking to get started with investing or transfer your account from Webull? Consider a few of our favorite alternative brokers below.  

1. Best for Trading Ideas: Public.com

Best For

Trading Ideas

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Best For

Trading Ideas

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1 Minute Review

Public is the only investing platform that lets you trade stocks, ETFs, crypto, bonds, options and alternative assets—like fine art and collectibles—all in one place. Public also provides access to custom company metrics, live shows about the markets, and insights from a community of millions of investors, creators, and analysts.

Today, Public provides more ways to create a diversified portfolio than nearly any other online broker. Members can engage in sophisticated investing strategies and access a wealth of investing insights—from company-specific analysis to live audio shows and town hall-style Q&As. In addition, Public offers a premium membership tier with unique company KPIs, detailed performance metrics, and institutional-grade research. 

 

Best For

• Stock and ETF investors
• Crypto investors
• Investors looking to diversify with alternative assets or bonds and options

Pros

• Commission-free stock and ETF trading
• Fractional share investing
• Advanced data, tools, and insights with Public Premium

Cons

• You can’t transfer crypto to another wallet
• No mutual funds or precious metals
• At this time, only offers individual brokerage accounts and not IRAs

With no commissions and no account minimum, Public.com is the only investing platform that lets you buy, sell and hold stocks and ETFs along with your crypto and other alternative assets. You can try themed investing, social features that help you stay involved, buy into fractional shares and remain on-theme if you feel that’s necessary.

You can educate yourself on the platform if you’re new to investing, and you will find that you can start small and grow at your own pace. Plus, advanced investors can utilize stop-loss and take-profit orders to improve your profitability.

Fees: $0 commission on U.S. stocks & ETFs, and $0 per-contract on stock/ETF options (index options $0.35–$0.50/contract.

Why we picked it: Public.com allows you to access all the assets you might want to try without forcing you into a complicated space made for professional investors.

2. Best for Global Capacity: Interactive Brokers

Best For

Active and Global Traders

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Best For

Active and Global Traders

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Interactive Brokers (IBKR) is a powerhouse in online trading, offering an extensive range of investment options, including stocks, options, futures, forex, bonds and more. It’s well-known for its low-cost trading, advanced tools and global market access, making it a top choice for professional and active traders. The platform also offers a mobile app, detailed research tools and educational resources, catering to seasoned investors and those looking to expand their trading expertise. With its steep learning curve and complex interface, IBKR might not be the best fit for absolute beginners.

Best For

• Professionals and active traders
• Global market access
• Low-cost trading

Pros

• Extensive range of assets
• Low trading fees and commissions
• Advanced trading tools and analytics

Cons

• Complex interface for beginners
• Steep learning curve

Interactive Brokers stands out from the pack when it comes to resolute lowest-cost access the widest global range of products and markets. The first among online brokers to trading as low as $0 commissions for US stocks & ETFs, Interactive Brokers is also Benzinga’s #1-rated broker for Mutual Funds, Bond, International, Short Trading and more commissions for US stocks & ETFs. IBKR clients earn extra income from their fully owned shares via their Stock Yield Enhancement Program, and they enjoy enhanced pricing via IBKR’s SmartRouting technology.

Plus, Interactive Brokers provides the absolute lowest margin loan rates in the industry. It’s no wonder that active traders & investors from over 200 countries and territories invest globally in stocks, options, futures, forex, bonds and funds from a single integrated account at the lowest cost across Interactive Brokers award-winning platforms.

Fees: U.S. stocks/ETFs $0 under IBKR Lite or $0.005/share (min $1) under IBKR Pro fixed (or tiered structure) and options start at $0.65/contract (lower with higher volume).

Why we picked it: Interactive Brokers is an ideal platform for investors of all levels, catering to both novice and advanced users. Whether you are just starting in the world of investing or have years of experience under your belt, Interactive Brokers offers unique assets and tools that can be accessed at any time.

3. Best for Simple Trading: Robinhood

Best For

Commission-Free Mobile Trading

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Best For

Commission-Free Mobile Trading

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Robinhood is a popular trading platform known for its commission-free trades and user-friendly mobile app. Ideal for novice investors, Robinhood makes it easy to buy and sell stocks, ETFs and cryptocurrencies. The platform offers a straightforward, no-frills experience, making it accessible for users new to investing. With features like fractional shares and a sleek interface, Robinhood lowers the barriers to entry for investing, allowing users to start with just a few dollars. It lacks the advanced tools and research options that more experienced investors might seek. Overall, Robinhood is a great choice for beginners seeking a simple way to invest.

Best For

• Beginners looking for simplicity
• Mobile-first investors
• Commission-free trades

Pros

• User-friendly mobile app
• Instant double
• Cash management
• Access to cryptocurrencies

Cons

• Limited research tools
• No mutual funds available
• Basic customer support options

One of the first investing platforms aimed at beginner investors, Robinhood offers new traders an intuitive and inviting way to explore the market and get started with their first trades. Swipe, tap and flick through some of the most popular investment opportunities on the platform and place a trade in as little as a few seconds.

In addition to a simple and straightforward platform, Robinhood also offers a few unique opportunities to learn about the market and the types of orders you can use to buy and sell stocks.

For example, Robinhood offers an excellent introduction to options trading and the types of options orders you can place with its in-app guide. Though Robinhood offers access to fewer securities than Webull, its easy-to-master app and desktop platform can be welcoming for completely new investors. 

Fees: $0 commission for stocks and ETFs, and $0 per contract on stock/ETF options (with a $0.04 regulatory fee per options contract).

Why we picked it: Robinhood offers a unique feature called “fractional shares,” allowing users to invest in partial shares of expensive stocks, making it accessible for investors with limited capital to diversify their portfolios.

4. Best for Futures Trading: TradeStation

Best For

Futures Trading

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Best For

Futures Trading

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TradeStation is for advanced traders who need a comprehensive platform. The brokerage offers an impressive range of investable assets as frequent and professional traders appreciate its wide range of analysis tools. TradeStation’s app is also equally effective, offering full platform capabilities.

Best For

• Advanced traders
• Options and futures traders
• Active stock traders

Pros

• Comprehensive trading platform and professional-grade tools
• Wide range of tradable securities
• Fully-operational mobile app

Cons

• Confusing pricing structure to leave new traders with a weak understanding of what they pay
• Cluttered layout to make navigating TradeStation’s platform more difficult than it should be

Futures contracts allow you to invest in predictive price movements of commodities, precious metals, bonds and other types of assets. TradeStation is one of our favorite platforms for futures trading, with comprehensive analysis tools and a wealth of platforms to choose from.

TradeStation makes it easy to learn more about the market and invest in this security type not offered by many other retail trading platforms.

TradeStation also boasts a massive selection of educational tools, as well as basic cryptocurrency trading and access to options, ETFs, stocks and more.  

Fees: Stocks & ETFs $0 commission, and stock options $0.60 per contract (plus regulatory/exchange fees)

Why we picked it: TradeStation offers a wide range of tradable assets, including stocks, options, futures and cryptocurrencies, providing users with diverse investment opportunities. TradeStation’s competitive pricing structure, with commission-free stock and ETF trades, makes it a strong contender in the online brokerage space.

5. Best for App Trading: Moomoo

Best For

Traders of all levels

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Best For

Traders of all levels

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Investing is a long-term journey, and moomoo can help guide investors of all levels every step of the way. Utilized by over 21 million users worldwide – including in the US, Singapore, Australia, Japan, Malaysia and Canada – moomoo is an investment and trading platform that empowers investors with pro-grade, easy-to-use tools, data and insights.

moomoo provides advanced charting tools, technical analytics and Level 2 data for funded accounts, so investors have the resources to make more informed investment decisions. Users can access educational materials and interactive events, as well as share and learn through the inline community.

With a low-cost, competitive fee structure, moomoo can work for all investors.

Best For

• Novices
• Intermediate and advanced traders
• Active traders

Pros

• Equity and index options trading
• Commission free trading for US options, stocks and ETFs and 6.8% margin rate
• Wealth of free options tools and features, including customizable options chain, options calculator, unusual options activity, implied volatility analysis, 13 options strategies and 0 days to expiration (0DTE) options by volume
• Free Level 2 data for funded accounts
• Advanced charting tools with 100+ indicators, 37+ drawing tools and 20 candle patterns
• No minimum deposit to open an account
• 24/7 online chat support
• 5.1% APY in Cash Sweep program for new and qualified users

Cons

• Does not support crypto
• Does not support retirement accounts or mutual funds

Moomoo is an intuitive investment and trading platform with easy-to-use and professional tools, data and insights that equal a pro-level trading experience for all traders, no matter their level of expertise. 

When you open a brokerage account with Moomoo Financial Inc, features will include:

• Real-time Level 2 stock and options market data for funded accounts
• Advanced technical indicators 
• Unique charting tools
• Advanced options orders
• Full extended trading hours from 4 AM to 8 PM EST 
• Multi-market quoting
• Low fees, $0 commission on U.S. stocks and ETFs plus $0 on equity options contract fees 
• 4.1% APY in the Cash sweep program and a 4.0% boost for qualified customers

Users can reach out to the moomoo customer support team by phone during trading hours or via email. FAQs in the Help Center can also answer specific questions.

The site and app also helps users learn with a nice educational offering and a community with more than 20 million users worldwide.

Fees: U.S. stocks & ETFs trade at $0 commission and equity options trades incur $0 commission (index options $0.50/contract)

Why we picked it: Moomoo stands out with its real-time Level 2 market data, free paper trading account with $1 million virtual cash and access to both U.S. and Hong Kong markets. Additionally, moomoo provides unique features like AI-powered stock screening and a social network for traders.

6. Best for Cryptocurrency Trading: Coinbase

Best For

Active Crypto Traders

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Disclosure: Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards. ³Crypto rewards is an optional Coinbase offer. Upon purchase of USDC, you will be automatically opted in to rewards. If you’d like to opt out or learn more about rewards, you can click here. The rewards rate is subject to change and can vary by region. Customers will be able to see the latest applicable rates directly within their accounts.

Best For

Active Crypto Traders

N/A

1 Minute Review

Coinbase is one of the largest cryptocurrency exchanges by trading volume, serving customers in over 100 countries and supporting hundreds of crypto coins and tokens. The platform features a user-friendly interface with options like staking and earning, as well as a “learn and earn” feature where users watch educational videos and answer questions to earn crypto assets. Trading fees can be high on the basic platform, but users can access the advanced platform for free.

Best For

• Coinbase is best for beginners because of its user-friendly interface.
• The availability of over 30 products caters to the needs of traders of every mindset.

Pros

• Coinbase offers a learn and earn program.
• You can earn coins and tokens by watching tutorials and answering crypto-related questions. This platform lets you earn crypto just by spending your fiat via a debit card as you normally would when you use Coinbase’s Visa debit card.
• Offer a wide variety of altcoins.
• Ideal for new investors.

Cons

• Complicated fee structure
• Does not support margin trading (only 3x on Pro version)

If you’re looking for the widest possible selection of cryptocurrency investments, Coinbase could be the right investing platform for you. Though Coinbase doesn’t offer access to traditional markets like the stock and bond market, it offers one of the most comprehensive selections of cryptocurrencies on the market.

From major crypto projects like Bitcoin to stablecoins to aspiring altcoins like Chainlink, Coinbase makes it easy to learn more about some of the world’s largest cryptocurrencies and invest with ease.

Coinbase also allows you to get started cryptocurrency trading for free with its Coinbase Earn program. Simply watch a few educational videos about some of Coinbase’s major token offerings and take a quiz on the projects’ histories and functionalities. For each answer you get correct, you’ll earn a bit of crypto. 

Fees: On Coinbase Exchange / Advanced (spot trading), taker fees range from 0.05% to 0.60% and maker fees from 0.00% to 0.40%, depending on your 30-day trading volume tier.

Why we picked it: Coinbase offers a wide range of over 150 cryptocurrencies for trading. The platform has robust security measures, including storing 98% of customer funds offline and offering FDIC insurance for up to $250,000 of USD balances.

What is Webull?

Webull is a relatively new broker known for its free commissions and wide range of educational and support tools. Like other brokers on the market, Webull allows users to buy and sell shares of stocks, American depository receipts (ADRs), ETFs and options contracts. Webull has taken cues from competitors like Robinhood and Charles Schwab, combining powerful investing tools with commission-free trading.

Though Webull was only introduced in 2017, the broker has already made waves throughout the investing world. Some of the benefits that you’ll enjoy when you invest through Webull include:

• Commission-free investing: Webull requires no minimum deposit to open a standard individual cash or margin brokerage account and charges $0 commission for U.S. stocks, ETFs and standard stock/ETF options. For certain index-options trades, a per-contract fee applies (typically about $0.50).
• Extended investing hours: Many brokers allow retail investors to trade only during the standard market hours of 9:30 a.m. EST to 4 p.m. EST. Webull offers investors full access to trading during the pre-market hours 4 a.m. to 9:30 a.m. EST and the after-hours trading session of 4 p.m. to 8 p.m. EST. This provides retail investors with more access to investing sessions that move the market outside of major trading hours.
• 24/7 customer service: If you’re a new investor, it can be helpful to know that you have a customer service team standing by to help you navigate trading issues. Webull’s customer service team is available 24/7 to assist with connectivity and investing issues.

While Webull offers a host of benefits that both new and seasoned investors love, this platform isn’t for everyone. Many Webull competitors offer enhanced educational options alongside free trading. 

Why Webull Might Not Be Right for You

With so many brokers offering trading capabilities online, you no longer need to settle for a broker that doesn’t offer you access to all of the features and securities you need. If any of the following features are important to you, Webull might not be the best platform for you.

• Access to long-term investment securities: Though Webull does an amazing job offering securities that active investors frequently trade, it doesn’t offer access to mutual funds or bonds. Despite the fact that the broker offers long-term investing accounts (like traditional and Roth IRAs), without access to these investments, you might have a limited selection of long-term opportunities.
• Limited access to additional securities: Though Webull makes it easy to invest in stocks, ETFs and options without paying an expensive commission, it doesn’t offer access to futures trading. It also offers limited support for cryptocurrencies — investors can only buy and sell major cryptocurrencies like Bitcoin and Ethereum through Webull. If you’re looking for a more comprehensive source to buy and sell cryptocurrencies, Webull might not be the best option for you.
• A platform aimed towards beginners: Webull offers investors access to a wide range of analysis tools, including Level 2 investment data and an advanced charting platform, new investors might find these features overwhelming. Additionally, Webull offers only limited access to educational tools that you can use to learn about the market. If you’ve never traded or invested before, you may want to choose a platform that offers a more comprehensive learning and education center. 

Invest with Confidence

No matter if you decide to invest in stocks through Webull or futures contracts through TradeStation, it’s important to take the time to compare platforms before you decide which trading platform you’d like to use. Be sure to compare news and education resources, commissions and pricing and market access before you open an account. This will help ensure that you don’t need to maintain multiple accounts to have access to all of the investments and tools you need. 

Frequently Asked Questions

The post Best Webull Alternatives and Competitors in May 2026 by Sarah Horvath appeared first on Benzinga. Visit Benzinga to get more great content like this.