Webull Crypto is a pretty modern online broker that was started in 2017.
It is owned by Chinese people and has its headquarters in New York. It recently expanded to Hong Kong and Singapore.
This mobile-first launch in May 2018 was geared toward millennials, who are Webull's most key target market.
Webull is for people who want to invest in the stock market but don't want to pay a minimum account size or trading fees.
Webull is not a full-service broker, so its customers have to handle some parts of managing their portfolios on their own.
Webull Benefits - Stocks, ETFs, options, and cryptocurrencies don't have any trading fees.
-Easy to set up an account and get options approved, and there are no minimums or fees. -Free quotes that stream in real time
-There are now fractional shares -Access to trading for longer hours and before the market opens
Cons of Webull -No income from extra money -Payment for order flow could cause a company to give up on a deal (PFOF)
-Portfolio management tools are few and far between. -No access to fixed income, mutual funds, futures markets, or foreign exchange markets