Webull HSA (Health Savings Account)
Webull does not offer Health Savings Accounts (HSA) to non-employees.
If you are looking for a no-fee, easy-to-use HSA, consider
Lively.
Lively’s HSAs are free for individuals and families, eliminating worries about hidden fees. They also offer robust security and are FDIC-insured.
Open Lively Account
Open Webull Account
Webull Range of Investments
Evaluating Webull's investment offerings, the platform is limited to stocks, options, cryptocurrencies,
and ETFs. Mutual funds and bonds are not available, and it does not support over-the-counter stocks, bulletin board, or pink sheet stocks. Neither futures nor forex trading is offered, and stocks that fall below certain market caps are restricted.
Banking Features
Webull now offers a competitive interest rate on cash balances—much higher than most banks.
You can link an external bank account to your Webull trading account easily, and ACH transfers are free. Webull provides both micro-deposit and instant account verification.
Financial Advice & Managed Accounts
Webull focuses on self-directed accounts with zero commissions but recently introduced a cost-effective robo-advisory service, charging a 0.30% annual fee.
Recommendation
Webull isn’t suitable for bond or mutual fund traders but is recommended for active traders in stocks, options, and ETFs who prefer minimal fees.
It’s also great for those who value sophisticated research tools on a mobile platform, offering functionalities often missing in more expensive options.
Open Webull Account
Updated on 7/19/2024.
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