Updated May 13 2022
Overview | |
---|---|
Forex.com is a global broker headquartered in the U.S and part of StoneX (publicly traded company on NASDAQ) that specialises in offering CFDs based on commodities, currencies, indices, stocks, ETFs, shares, bonds and cryptocurrencies. |
Webull is a US-based broker that offers both real and leveraged products including Stocks, Crypto, Options, ETFs, and ADRs with zero commissions and no deposit minimums. |
Best For | |
|
|
Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 4 Other Licenses 2 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 2 Other Licenses 0 Provided by |
🏛 Financial Regulators | |
The Good | |
|
|
The Bad | |
|
|
Status | |
Operational | Operational |
Recent News | |
N/A | N/A |
Key Data | |
⌛ Account Opening Time | |
1 Day | 1 Day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2001 | 2017 |
💳 Minimum Deposit | |
$100 | €, £, $ - 0 |
💰 Payment Methods | |
💵 Account Base Currencies | |
6 - GBP, USD, EUR, AUD, JPY, CHF. | 1 - USD |
🗽 Available to U.S Citizens | |
Yes | Yes |
❌ Restricted Countries | |
None | EU, UK, CA, JP, IN, IR, MY, ZA, AU. |
📊 STP Account | |
Yes | No |
📊 DMA Account | |
Yes | Yes |
📊 ECN Account | |
Yes | No | Assets |
📚 Available Assets | |
📙 Stocks | |
4,500+ | 10,000+ real stocks from 5 exchanges worldwide |
📘 Currency Pairs | |
93 | 0 |
📗 Commodities | |
35 | 0 |
📕 Indices | |
24 | 0 |
📔 ETFs | |
700+ | 2400+ Real ETFs |
💸 Cryptocurrencies | |
5 | 20 |
📒 Bonds | |
14 | 0 |
📓 Options | |
N/A | Several Option Chains |
📗 Futures | |
N/A | N/A |
📝 Notes: | |
All of Forex.com’s assets are CFDs. |
WeBull is mostly dedicated to U.S client and does not provide CFDs. | Trading Experience |
📈 Minimum Stock Trade Size | |
Varies per share (eg: 0.3 AMZN shares) | $5 |
📉 Minimum ETFs Trade Size | |
Varies per ETF (eg: 5 contracts of XLK) | N/A |
📈 Minimum Crypto Trade Size | |
Varies per Cryptocurrency (eg: 0.01 BTC) | Varies by cryptocurrency |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | N/A |
📈 Minimum Commodities Trade Size | |
Varies per commodity (eg: 1 contract of Gold) | N/A |
📉 Minimum Bonds Trade Size | |
Varies per Bond (eg: 1 contract of Euro Bobl) | N/A |
📈 Minimum Futures Trade Size | |
N/A | N/A |
📉 Minimum Options Trade Size | |
N/A | Varies per Option contract |
💪 Retail Leverage | |
Up to 1:30 | 1:4 |
💪 Professional Leverage | |
Up to 1:500 | N/A |
✍ Customisable Leverage | |
No | No |
🎲 Deleveraged Trading | |
Yes | Yes |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | No |
📺 MetaTrader 5 | |
Yes | No |
💻 Web trader | |
Yes | No |
💻 TradingView Platform | |
Yes | No |
💻 Proprietary Platform | |
Yes | Yes |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
No | No |
👫 Social Trading | |
No | No |
🔑 Guaranteed Stop-loss | |
No | Yes |
🔨 Trailing Stop-loss | |
Yes | Yes | Fees |
💰 Inactivity Fee | |
Yes, $15 monthly after 1 year of inactivity. |
No |
💰 Deposit Fees | |
No | No |
💰 Withdrawal Fees | |
No | No |
💰 Commissions | |
Yes depending on account type.
|
No | Spreads |
📈 EUR/USD | |
Dynamic - From 0.8 Pips | N/A |
📉 SP500 | |
From 60 Pips | Dynamic - Market spreads |
📈 GOLD | |
From 50 Pips | N/A |
📉 TSLA (Stock CFD) | |
Dynamic - Market Spread | Dynamic - Market spreads |
📈 XLK (ETF - CFD) | |
Dynamic - Market Spread | Dynamic - Market spreads |
📉 BTC | |
From $120 | Dynamic - Market spreads | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | Yes |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | Yes |
📡 Reuters Feed | |
Yes | No |