Webull, the popular commission-free trading platform, is now available in select countries globally. With its increasing popularity in the US, investors worldwide are curious whether they can access Webull in their countries. Let’s explore Webull’s current global reach and licensing as it expands beyond its initial US-only focus.
Summary
Webull started as a US-based trading app but has expanded internationally. It now operates in the United States, Hong Kong, China, Singapore, Japan, Australia, and the United Kingdom, catering to local regulations. However, Webull does not yet have a presence in most European countries due to licensing limitations.
For investors seeking Webull alternatives outside its covered regions, platforms like eToro offer robust options with availability in over 100 countries.
What is Webull?
Webull is a leading financial services company offering commission-free trading of stocks, ETFs, options and cryptocurrencies. It’s known for its intuitive mobile app, extensive market data, and range of analytical tools to support retail trading and investing.
Originally focused on the US market, Webull has expanded globally in recent years while ensuring compliance with local regulators.
Key Metrics:
- Global Rank: Webull’s global rank is #15,358, having improved from #17,122 over the last 3 months.
- Category Rank: It ranks #45 in the Investing category in the US.
- Total Visits (Desktop): Had 3.9 million visits over the last 3 months.
- Monthly Visit Change: Visits increased by 10.53% compared to the previous month.
- Bounce Rate: The bounce rate is 48.3%.
- Pages per Visit: Average pages viewed per visit is 4.90.
- Visit Duration: Average time spent on the site per visit is 5 minutes 22 seconds.
- Traffic by Country: 70% of traffic comes from the United States.
- Audience Gender Split: 63.85% male, 36.15% female visitors.
- Top Traffic Source: 71.78% comes from direct visits, 13.06% is organic search.
What Countries is Webull Available In?
In addition to its original US presence, Webull now operates in:
- Hong Kong under Hong Kong SFC regulations
- Mainland China
- Singapore as a holder of a Capital Markets Services License with MAS
- Japan with registration from the Kanto Local Finance Bureau
- Australia under the Australian Securities and Investments Commission
- United Kingdom through Webull Securities (UK) Limited authorized by the FCA
Webull analyzes potential new markets carefully, evaluating factors like local demand, regulatory environment, and ability to customize services.
You may also want to read about the availability of other platforms like:
- What Countries is E*TRADE Available?
- What Countries is Charles Schwab Available?
- What Countries is DEGIRO Available?
Will Webull Expand to Europe?
Currently Webull only serves the UK market in Europe and has not announced plans for further European expansion at this time.
Entering additional European countries would require new licenses and customizations to address unique regulatory regimes across EU states. Webull may assess the effort required relative to potential rewards before expanding its European presence.
What Countries Are Webull Licensed In?
As Webull expands globally, it obtains appropriate registrations and licenses to operate legally in each market. Key licenses/regulators include:
United States: SEC, FINRA, SIPC
Hong Kong: Securities and Futures Commission (SFC)
Singapore: Capital Markets Services License from Monetary Authority of Singapore (MAS)
Japan: Registered with the Kanto Local Finance Bureau
Australia: Would require an Australian Financial Services License (AFSL) from ASIC
UK: Authorized by the Financial Conduct Authority (FCA)
Stay updated on the latest jurisdictional information at Webull’s disclosures page online.
Webull Alternatives
For investors seeking commission-free trading platforms beyond Webull’s available regions, here are some top alternatives:
eToro – Offers availability in over 100 countries with a strong user base of 30+ million. Provides access to 3,000+ assets from stocks and ETFs to cryptocurrencies. Known for its social trading features.
Interactive Brokers – Traditional brokerage focused on active traders globally, now with simplified mobile app option targeting mainstream investors. Over 135 market centers are connected.
Trading 212 – European fintech trading platform offering commission-free stocks and ETFs. Provides access to over 10,000 global instruments. Offers shared trading ideas and a virtual portfolio for practice.
Major Features:
eToro | Interactive Brokers | Trading 212 | |
Countries Served | 100+ | Over 200 | Europe/UK Focus |
Assets | 3,000+ | 10,000+ | 10,000+ |
Social Trading | Yes | No | Ideas Hub |
Virtual Portfolio | Yes | Paper Trading | Yes |
Fractional Shares | Yes | No | No |
These alternatives both offer additional assets and tools compared to Webull, with customized account options for retail and active investors. Key factors investors should evaluate include instruments available, platform features, pricing, account minimums, and geographic reach.
By exploring brokers like eToro, Interactive Brokers and Trading 212, global investors frustrated by Webull’s limited country reach can find regulated alternatives meeting their specific trading needs and regional availability.
Conclusion
As a leader in no-fee trading, Webull has significantly expanded its global footprint into Hong Kong, China, Singapore, Japan, Australia and the UK. Strict European licensing has so far limited additional reach across the EU. Investors worldwide can turn to alternatives like eToro however, for commission-free trading and investing covering over 100 international markets.
FAQs
Does Webull operate in Canada or Mexico?
No, at this time Webull is not available to users in Canada, Mexico or Central/South American countries. Investors there can explore platforms with greater regional availability like Interactive Brokers or eToro.
Can I use Webull with a European IBAN account number?
No, Webull currently does not accept European IBAN account details, limiting sign-ups across most of Europe. As Webull expands licensing and localization for additional EU countries this may eventually change.