Webull is one of the world’s most famous trading apps, with millions of users. It has become a massive success due to two main reasons:
- Its low-cost structure (Webull offers commission-free trading);
- A referral program that incentivises users and influencers to share the platform.
If you follow famous financial Youtubers such as Graham Stephan or Meet Kevin, you’ve heard of Webull many times before.
In which countries is Webull available?
Webull is only available in the following countries:
- United States,
- Hong Kong,
- Canada,
- Singapore,
- Japan,
- The UK,
- Australia,
- Brazil,
- South Africa,
- Thailand,
- Indonesia,
- Malaysia,
- Mexico (soon).
Can users from other countries use a VNP to use Webull from abroad?
No, investors from unsupported countries cannot use a VPN to use Webull from abroad. Upon account opening, Webull requires specific documentation as proof that you are a U.S. citizen.
Webull Alternatives
- eToro: While also providing commission-free trading for ETFs and stocks (only in some countries), this broker leads the charge for “social investing,” or the option to copy the trades of other investors automatically. They provide access to the world’s major cryptos for a 1% commission. All for a minimum investment of $50.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. - Interactive Brokers: One of the world’s most reputable brokers. Recently launched IBKR Global Trader, a user-friendly mobile app that targets beginner investors.
- Freedom24: an online broker offering access to global stocks, ETFs, bonds, and stock options. It stands out for its high fixed return on your cash. New users can earn up to 20 free stocks.
- Trading 212: A commission-free investing platform that offers one free share for new users upon deposit (using the Trading 212 voucher: IITW). Other fees may apply. See terms and fees.
Conclusion
If you want to open a Webull account from Europe, Canada, or other countries, you’re in bad luck: it is not possible. However, we believe any of the abovementioned brokers will be good choices. Whether you value security and reputation or want a commission-free trading platform, the alternatives presented should be a good starting point. Explore their websites and decide for yourself!
Hope you found our breakdown helpful, and please let us know if you have any questions or feedback – we’re happy to help!
A reminder that the above should not be construed as investment advice and should be considered information only. Investors should do their research and diligence about the services and opportunities best suited for their risk, returns, and impact strategy.
Happy investments!