Webull
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Vs.

AAATrade
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69.23% of retail CFD accounts lose money.

Webull Vs. AAATrade - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Oct 20 2022

Visit

Your capital is at risk.

Visit

69.23% of retail CFD accounts lose money.

Overview

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.

AAATrade is a Cyprus based broker established in 2013, that offers a variety of financial instruments including contracts for difference (CFDs), forex, stock, commodities, cryptocurrencies and others.

Best For
  • Novices who want to enter the world of investing
  • Intermediate and advanced options traders
  • Professional day traders and portfolio managers 
  • Beginner traders looking for a simple web and mobile platform to get started
  • Passive investors looking for real equity
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

0

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

0

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • HKMA (Hong Kong)
  • FINRA (United States)
  • CySec (Cyprus)
The Good
  • Trade any asset class from just $5
  • Easy-to-use investing app
  • Fully extended trading hours
  • Simple and friendly proprietary trading platform
  • Intuitive overview of account analytics
  • Wide variety of CFDs and real equities
The Bad
  • No international clients at the moment
  • No joint accounts
  • Above-average FX spreads
  • High fees (depending on the deposit / withdrawal methods)
  • High deposit requirements for advanced services ($25,000 , $100,000)
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 day 1 day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
2017 2013
💳 Minimum Deposit Range
0 $500
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Credit Card
  • Debit Card
  • Wire Transfer
  • Skrill
  • Neteller
  • FasaPay
  • UnionPay
  • Giropay
  • QIWI
  • Cryptocurrencies
💵 Account Base Currencies
1 - USD. 3 - EUR, USD, GBP.
🗽 Available to U.S Citizens
Yes No
❌ Restricted Countries

European Union, UK, CA, JP, IN, IR, MY, ZA, AU.

US, AS, AI, BB, FJ, GU, PW, PA, WS, SC, TT, VU, AL, BS, BW, KH, GH, JM, MU, MM, NI, PK, UG, SY, YE, ZW, IR, KR, AF, IQ, MN.

📊 STP Account
No Yes
📊 DMA Account
Yes Yes
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
Equities CFDs
Total Asset Offering
12,420 2,162
Exchange Access
5 25
📙 Real Stocks
10,000 1,000
📙 Stock CFDs
0 1,000
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
0 80
📗 Commodities
0 0
📗 Commodities CFDs
0 4
📕 Indices
0 0
📕 Indices CFDs
0 12
📔 ETFs
2,400 0
📔 ETFs CFDs
0 5
💸 Cryptocurrencies
20 0
💸 Cryptocurrency CFDs
0 50
📒 Bonds
0 0
📒 Bonds CFDs
0 4
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 7
Trading Experience
📈 Minimum Stock Trade Size
$5 trade value 1 share
📉 Minimum ETFs Trade Size
$5 trade value 1 ETF
📈 Minimum Crypto Trade Size
Varies per cryptocurrency Varies per Cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
Unavailable $1,000 (0.01 lots)
📈 Minimum Commodities Trade Size
Unavailable $1,000 (0.01 lots)
📉 Minimum Bonds Trade Size
Unavailable 100 units
📈 Minimum Futures Trade Size
Unavailable $1,000 (0.01 lots)
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
4 30
💪 Professional Leverage
Unavailable 500
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
Yes Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No No
📺 MetaTrader 5
No Yes
📺 cTrader
No No
💻 Web trader
No Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
Yes No
🔨 Trailing Stop-loss
No No
Fees
💰 Inactivity Fee
None

€15 after 3 months of inactivity.

💰 Deposit Fees
None

From 0.2% for cryptocurrency, credit and debit cards up to 5% for alternative payments. Direct wire transfers have a fee of €10.

💰 Withdrawal Fees
None

Wire transfers have a €10 fee.

💰 Commissions
None
  • No commissions on novice accounts.
  • Commission free trading for stock ETFs on Experienced accounts
  • FX commissions are $4-$8 per lot depending whether the pair is major, minor or exotic.
Spreads
📈 EUR/USD
Unavailable Dynamic - From 2 Pips
📉 SP500
Unavailable Dynamic - From 50 Pips
📈 GOLD
Unavailable Dynamic - From 95 Pips
📉 TSLA (Stock CFD)
Dynamic - Market spread Dynamic - From $0.21
📈 XLK (ETF - CFD)
Dynamic - Market spread Dynamic - From $0.01
📉 BTC
Unavailable Dynamic - From $511
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
Yes Yes
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes Yes
📡 Reuters Feed
No No
📡 Educational Content
No Yes
📡 Live Chat Support
Yes No
📡 Video Tutorials
No No
📡 Account Management
No Yes
📡 Webinars
No No