Webull Vs. ETX Capital - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit Your capital is at risk.	Visit 73.85% 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.	Founded in 1965, ETX Capital dedicated the last decades to both spread betting and CFD trading until their recent rebranding into OvalX.
Best For
Novices who want to enter the world of investing Intermediate and advanced options traders Professional day traders and portfolio managers	Forex traders for variety of currencies and high net worth equities Traders seeking commission free equities inside their 250 commission-less selection Traders who want to trade commodity futures and bonds
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 1 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
HKMA (Hong Kong) FINRA (United States)	FCA (UK) FSCA (South Africa) CySec (Cyprus)
The Good
Trade any asset class from just $5 Easy-to-use investing app Fully extended trading hours	Commission-free trades for 250 equities Low minimum deposit to open standard account (100£) Wide selection of commodity futures and bonds Decent educational material for market research, including seminars on indices, commodities and currencies
The Bad
No international clients at the moment No joint accounts	Doesn’t provide live news feed on standard account No ability to purchase real stocks or ETFs (All assets are CFDs) Expensive commissions on shares (Eg minimum $15 on US shares, 10 € on EU shares)
Status
Operational	Inactive
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	1965
💳 Minimum Deposit Range
0	From $100 to $10,000
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill	Visa Mastercard Maestro Skrill UnionPay Bank Transfer
💵 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, BE, CN, SG, CH.
📊 STP Account
No	No
📊 DMA Account
Yes	No
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
Equities	CFDs
Total Asset Offering
12,420	5,174
Exchange Access
5	0
📙 Real Stocks
10,000	0
📙 Stock CFDs
0	5,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
0	60
📗 Commodities
0	0
📗 Commodities CFDs
0	17
📕 Indices
0	0
📕 Indices CFDs
0	20
📔 ETFs
2,400	0
📔 ETFs CFDs
0	19
💸 Cryptocurrencies
20	0
💸 Cryptocurrency CFDs
0	5
📒 Bonds
0	0
📒 Bonds CFDs
0	8
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	45
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 by Cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
Unavailable	$1,000 (0.01 lots)
📈 Minimum Commodities Trade Size
Unavailable	Varies per commodity (Eg 0.1 for WTI, 1 for Cotton)
📉 Minimum Bonds Trade Size
Unavailable	1 Bond
📈 Minimum Futures Trade Size
Unavailable	Varies per futures contract (Eg: 0.1 Copper, 1 for Bonds)
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
4	30
💪 Professional Leverage
Unavailable	500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
No	Yes
📺 MetaTrader 5
No	No
📺 cTrader
No	No
💻 Web trader
No	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	Yes
🔑 Guaranteed Stop-loss
Yes	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
None	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
None	Depending on asset class. (Eg: U.S shares have a 2 cents per share charge with a minimum of $15 per order, European shares have a 0.1% of transaction value charge with a minimum 10 € charge)
Spreads
📈 EUR/USD
Unavailable	Dynamic - From 0.6 Pips
📉 SP500
Unavailable	Dynamic - From 60 Pips
📈 GOLD
Unavailable	Dynamic - From 60 Pips
📉 TSLA (Stock CFD)
Dynamic - Market spread	Dynamic - From $13
📈 XLK (ETF - CFD)
Dynamic - Market spread	Unavailable
📉 BTC
Unavailable	Dynamic - From $226.4
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
Yes	No
🗓 Economic Calendar
Yes	No
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No
📡 Educational Content
No	No
📡 Live Chat Support
Yes	No
📡 Video Tutorials
No	No
📡 Account Management
No	No
📡 Webinars
No	No