Exploring Webull and Robinhood: Your Gateway to Fee-Free Trading Apps in 2022
Let’s look at two popular investing apps: Webull and Robinhood. Both are really great for stock trading, making investing super simple, and help you get started with their free offers. They both remove the once complicated process of investing with their user-friendly platforms.
Webull and Robinhood are quite similar on many fronts but offer unique features. We’ll explore these two apps to see the differences and assist with your decision-making.
To get you started, if you sign up for Webull, you could get up to 12 free stocks. Robinhood also offers a free stock when you sign up through their partner link.
Webull started in 2017 and has revolutionized how investment is done through apps. It’s free, but what separates Webull from the others is its sophisticated research and analysis tools, which serious investors find attractive.
Robinhood, on the other hand, started this trend of commission-free trading with their mobile app launch in 2015. It’s perfect for beginners because of its easy-to-use interface. They also offer fractional shares allowing you to invest as little as $1 in a company.
In terms of fees, Robinhood and Webull have no major difference. They both offer commission-free trades, with Robinhood offering an upgrade called Robinhood Gold for $5 per month, offering exclusive features.
If you prefer a straightforward and clean app, Robinhood is for you. But, if you’re more into data and tools, Webull could be a better choice. They offer more options for crypto trading and also have IRA options, compared to Robinhood.
To sum up, Webull is for those who prefer more tools for research and analysis. Meanwhile, Robinhood prides itself on an easy-to-use interface for beginners. Try both and see which works best for you since they’re free. Both apps provide robust security and are great picks for modern investing. Test both to choose which suits you best.