Does Webull offer bonds? What’s available and alternatives (2026)

Founded in 2017 and headquartered in the US, Webull (NASDAQ: BULL) is a commission-free investment platform that built its reputation on low-cost stock, ETF, and options trading paired with advanced charting and a slick mobile app. It now serves over 24 million registered users across 14 markets in North America, Asia Pacific, Europe, and Latin America, offering stocks, ETFs, options, futures, fractional shares, and crypto.

So, does Webull offer bonds? Yes – but with important caveats. This is a change from previous years, when Webull offered no fixed income products at all. Webull rolled out its bond offering in stages during 2025:

• Early 2025: launched US Treasury bonds and fractional bond trading.
• October 2025: launched corporate bond trading (both investment-grade and high-yield), with transaction spreads of 0.10% (minimum $10 per trade).

Webull’s bonds are all US dollar-denominated and rated by S&P, with fractional bond investing available from as little as $100 (versus the typical $1,000-$5,000 industry minimums).

However, there’s a critical limitation: bond trading is currently available exclusively to Webull’s US customers. Investors in Europe, the UK, and most other regions cannot yet access Webull’s fixed income products, though the company has stated it plans to expand to additional regions in the future.

So whether Webull works for your bond investing depends entirely on where you’re based. If you’re a US investor, Webull is now a genuinely competitive option for fixed income. If you’re outside the US – particularly in the EU or UK – you’ll need an alternative platform to access bonds. In this article, we’ll cover what Webull’s bond offering actually includes, its limitations, and the best alternative brokers for bond investing in 2026 depending on your region.

Can you buy bonds on Webull?

Yes – Webull now offers both individual bonds and bond ETFs, a significant change from previous years when only bond ETFs were available. US-based Webull customers can access:

• Individual US Treasury bonds – directly held government securities, with orders from a $1,000 minimum (or fractional from $100).
• Individual corporate bonds – both investment-grade and high-yield, US dollar-denominated and S&P-rated, with a transaction spread of 0.10% (minimum $10 per trade), launched in late 2025.
• Bond ETFs – passive funds holding baskets of bonds, available to all Webull customers (including in markets where individual bond trading isn’t yet offered).

Each approach has different trade-offs:

• Individual bonds give you a stable, predictable income stream and return of principal at maturity (assuming no default). The main risks are issuer default (credit risk) and price drops if you sell before maturity (interest rate risk). They’re well-suited to investors who want to hold to maturity for a known yield.
• Bond ETFs are an excellent diversifier – one purchase gives you exposure to hundreds or thousands of bonds – but carry a small ongoing management fee (the TER) and have no fixed maturity date, making them more sensitive to interest rate movements with no guaranteed return of principal.

The key limitation: Webull’s individual bond trading (Treasuries and corporate bonds) is currently available only to US customers. If you’re based in the EU, UK, or another region where Webull hasn’t yet rolled out fixed income, you can only access bond ETFs through the platform – and may want an alternative broker that offers individual bonds in your jurisdiction.

If you’re looking for a platform that lets you buy individual bonds – whether because you’re outside the US or because you want a broader fixed income selection than Webull currently offers – we’ve got you covered. Keep in mind that broker availability varies by country of residence. Below, we go through our top picks of brokers that offer individual bonds, among other products:

Best Webull alternatives for investing in bonds

Founded in 1978 and publicly listed on NASDAQ (ticker: IBKR), Interactive Brokers is one of the most established and trusted brokers in the world. Its 45+ year track record through multiple financial crises, combined with its status as a publicly traded company subject to SEC reporting requirements, makes it one of the most transparent and well-regulated platforms available.

The major advantages of Interactive Brokers include access to 150+ markets across 33 countries, excellent trade execution (IB SmartRouting), support for 27+ account currencies and 100+ currency pairs, and an industry-leading FX conversion fee of just 0.03%. It’s a particularly strong choice for international and multi-currency investors.

The main downsides are a relatively complex fee structure, a more involved registration and funding process than app-first competitors, and a platform learning curve that can be steep for beginners. Commission-free trading (IBKR Lite) is only available to US investors, though non-US clients benefit from narrow spreads and the low FX fees mentioned above.

Fee plans: US investors can choose between IBKR Lite (commission-free US stock and ETF trading, no account minimums, no inactivity fees) and IBKR Pro (fixed or tiered pricing geared toward active and professional traders, with full SmartRouting, API access, and advanced tools). Non-US clients have access to IBKR Pro only.

Bond selection is exceptional – and the key reason IBKR tops this list for fixed income. IBKR offers direct access to over 1 million bonds, including the full universe of US government securities, 38,000+ global corporate bonds, 850,000+ municipal securities, 33,000+ CDs, and 1,900+ non-US sovereign bonds, across US, Canadian, UK, European, and Asian markets. The platform’s Bond Scanner tool lets you filter and compare bonds by type, yield, maturity, and credit rating.

Bond pricing is among the most competitive and transparent in the industry, charged as low basis-point commissions rather than hidden markups:

• US Treasury bills, notes, and bonds: 0.2 bps on the first $1M of face value (0.01 bps above), with a $5 minimum.
• Corporate bonds: 10 bps on the first $10,000 of face value, plus 2.5 bps above, with a $1 minimum.
• Municipal bonds: 5 bps on the first $10,000, plus 1.25 bps above, with a $1 minimum.

Crucially, IBKR does not widen spreads or add hidden markups – it aggregates quotes from multiple electronic venues and institutional dealers, and clients can even enter their own pending orders to improve pricing. This transparency is a meaningful advantage over brokers that bury their bond costs in the spread.

The Trader Workstation (TWS) platform offers a full suite of features – demo account, watchlists, real-time alerts and monitoring, advanced charting and technical analysis, and the Bond Scanner. The main downside remains the steep learning curve for beginners, though IBKR provides extensive educational materials through IBKR Campus, and the simpler IBKR GlobalTrader and IBKR Mobile apps offer more accessible entry points.

E*TRADE from Morgan Stanley offers a wide range of financial products – stocks, ETFs, options, mutual funds, futures, and bonds – many with low or zero commissions, through an easy-to-navigate web and mobile platform. Founded in 1982 and now part of Morgan Stanley (which acquired E*TRADE in 2020), it’s regulated by top-tier US authorities including the SEC and FINRA, with SIPC investor protection up to $500,000. The Morgan Stanley backing adds significant institutional strength and access to combined research.

E*TRADE stands out for its rich educational resources (articles, videos, courses, webinars, and research tools) and its managed portfolio service, Core Portfolios, which charges a 0.30% annual advisory fee with a $500 minimum.

For bond investors, E*TRADE offers direct access to more than 50,000 bonds and fixed income products – one of the largest selections available online – including US Treasuries, corporate bonds, municipal bonds, agency bonds, and CDs. The key limitation for international readers: E*TRADE is only available to US residents, so it’s not an option for EU or UK-based investors.

Bond pricing:

• US Treasuries: commission-free at auction and on secondary trades (both online).
• Other bonds (online secondary trades): E*TRADE typically acts as principal, including a markup in the quoted price rather than charging a separate commission – so there’s no explicit per-bond fee, but the cost is built into the price. For agency trades, a commission applies per the published schedule (historically $1 per bond, $10 minimum, $250 maximum).
• Broker-assisted bond trades: an additional fee applies (historically around $20).
• New bond issues (except Treasuries) include a selling concession in the price.

E*TRADE also offers bond mutual funds and bond ETFs (including ultra-short-duration bond ETFs and its own no-fee US Bond Index Fund, ETBOX), which provide diversified, lower-maintenance fixed income exposure for investors who prefer not to buy individual bonds. You can view the full, current fee schedule on E*TRADE’s pricing page.

Founded in 1992, Saxo Bank is one of the longest-existing global brokers. It is known for its wide variety of financial products (over 71,000), access to a large number of market exchanges (over 120), and a large number of base currencies (18).

Saxo Bank has, more than anything, been trying to appeal to professional investors. It has done so by offering advanced tools, such as its integration with the Trading View charting platform. The apps SaxoTraderGO and SaxoTraderPRO have also been tailored to the professional user, both by the number of their features and their relative complexity.

Those are probably some reasons why Saxo Bank has one of the highest initial deposit requirements in the industry. These can vary depending on your residency, starting from £500 for UK investors and $2,000 for most other countries. It is important to note that Saxo Bank is unavailable in some big global markets outside Europe, such as the US.

Three distinct account levels are available: Classic, Platinum ($200,000 minimum), and VIP ($1,000,000 minimum), each with its fee structure.

Speaking of fees, they are one of the biggest cons of using Saxo Bank. Fees for trading US stocks and ETFs start at just 0.03% (min. $1), but only for VIP accounts. These fees will be much higher for Platinum and Classic accounts, starting at $0.05% (min. $1) and 0.08% (min. $1), respectively. 

The bond selection is impressive, coming in at over 5,900+ bonds worldwide. Bond trading fees depend mostly on your account level, with the basic account offering a 0.2% fee for bonds but with a minimum of 20 EUR for all account levels. This shows that Saxo Bank is geared more toward professional users with higher trading volumes.

The fee structure is fairly complex, and there are also some additional fees to be aware of. Just to name a few most common ones:

• Custody fee: up to 0.15%;
• Inactivity fee (after not logging in for 6 months): €100; 
• Currency conversion fees: 0.25%.

It is probably best to select the desired financial product from their website to see its full fee structure. 

In a nutshell, Saxo Bank is tailored to professional investors because of its advanced tools, higher-than-average fees, and complex interface. Those are also reasons why it may not suit beginner or even intermediate investors.

What to look for in a broker that’s offering bond trading?

Several key factors go into choosing a brokerage platform for bond trading. Before committing, evaluate each broker against the following criteria:

• Range and depth of available bonds: not all brokers offer the same fixed income universe. Some are limited to US Treasuries and a handful of corporate bonds; others (like Interactive Brokers) offer over a million bonds across global markets. Make sure the broker covers the specific bond types and markets you want – government, corporate, municipal, investment-grade, high-yield, and the regions you’re interested in.
• Geographic availability: this is critical and often overlooked. Many bond-capable brokers (E*TRADE, Fidelity, Webull’s bond service) are US-only, while others serve the EU, UK, or specific regions. Confirm the broker accepts clients from your country of residence before anything else – the best bond platform is useless if you can’t open an account.
• Commissions and pricing transparency: bond costs come in two forms – explicit commissions (e.g., basis points per trade or a per-bond fee) and hidden markups built into the price when the broker acts as principal. Transparent, low basis-point pricing (like IBKR’s) is preferable to opaque spread markups, since hidden costs are harder to compare and can meaningfully reduce your yield. Always understand exactly how a broker charges for bonds.
• Minimum investment and fractional bonds: traditional bond minimums are often $1,000-$5,000 per bond, which limits diversification for smaller portfolios. Some platforms now offer fractional bonds from as little as $100, making it far easier to build a diversified bond ladder on a modest budget.
• Currency exchange fees: bonds in different markets are denominated in different currencies. If you’re buying bonds outside your home currency, you face both currency risk and FX conversion fees. A broker with low FX fees (IBKR’s 0.03% is the benchmark) and multi-currency account support can save you significantly versus one charging 0.5-1%+ per conversion.
• Platform experience and tools: a good bond platform should make it easy to search, filter, and compare bonds by yield, maturity, credit rating, and issuer. Tools like IBKR’s Bond Scanner or a well-designed fixed income screener matter a lot when navigating a universe of thousands of bonds. Factor in account opening, minimum deposit, and overall usability too.
• Yield and income reporting: for income-focused investors, clear reporting of yield-to-maturity, yield-to-worst, coupon schedules, and accrued interest is essential for managing a bond portfolio and meeting tax obligations.

Bottom line

Bonds remain an attractive asset class in 2026, even as the interest rate environment has shifted. After the aggressive hiking cycle of 2022-2023, major central banks have been gradually easing – the US Federal Reserve has cut rates to a 3.50-3.75% range (around 175 basis points of cuts since September 2024), and the ECB deposit rate sits at 2.00%.

While yields are lower than their recent peaks, they remain well above pre-pandemic levels, and most analysts expect bond returns in 2026 to be driven primarily by income rather than price appreciation. For investors seeking stable, predictable cash flow and portfolio diversification, individual bonds and bond funds continue to play a valuable role – particularly in the intermediate part of the curve (roughly 5-10 year maturities).

The key takeaway from this guide: Webull now does offer bonds – individual US Treasuries and corporate bonds, plus bond ETFs – but its individual bond trading is currently limited to US customers. If you’re a US investor, Webull is a genuinely competitive, low-cost option for fixed income. If you’re outside the US, or you want a broader bond universe and more transparent pricing, the alternatives we’ve covered are worth considering:

• Interactive Brokers – the strongest all-round choice for bonds, with access to over 1 million bonds across global markets, transparent basis-point pricing, the Bond Scanner tool, and availability in most countries (including the EU and UK).
• E*TRADE from Morgan Stanley – a strong option for US investors, with 50,000+ bonds and commission-free Treasuries, but not available outside the US.

Each platform has its own strengths and trade-offs, so the right choice depends on your country of residence, the bond markets you want to access, your budget (and whether you need fractional bonds), and how much you value pricing transparency. Above all, confirm the platform is available in your country before opening an account – bond access varies significantly by region.

Hopefully this guide has helped you understand what Webull offers and which alternative best fits your needs.