Webull is a prominent fintech company founded in the United States, revolutionising the world of online investing. With millions of users, Webull has quickly become a leading platform in the online brokerage industry.
Webull is a user-friendly and modern investment app that does not charge a commission when investing in some financial products. It offers trading in stocks, options, ETFs, cryptos, fractional shares, and even Over-The-Counter (OTC) stocks. New users get up to 12 free stocks.
Want to know if you can trade futures on Webull? Wondering about alternative investment platforms to invest in futures? We’ve got you covered!
Can you trade Futures on Webull?
Unfortunately, you are not able to trade futures on Webull! As of this writing, Webull doesn’t offer futures trading.
Webull, despite not currently offering futures trading, has introduced a section on their platform that allows users to view futures data, though actual futures transactions are not supported. This development has led some to speculate that Webull might be considering includingfutures trading in the near future. However, it’s essential to note that there is no official confirmation from Webull regarding their plans for this potential enhancement.
Webull offers Future-Based Funds (mainly ETFs) that give you a similar exposure to the underlying asset. Still, you will not be trading futures contracts directly.
Which Products can I trade in Webull?
Best Webull alternatives for investing in Futures
Brokers’ comparison table
|Broker||Minimum Deposit||Supported Futures||Available in the US?||Futures Trading Fees|
|Interactive Brokers||$0||Futures on Crypto, Agriculture, Metals, Forex, Interest Rates, Energy and Equity Index||Yes||From $0.25 to $0.85 for US contracts (depending on the volume).Up to $0.25 for Micro contracts, and max of $5 for crypto futures contracts|
|Saxo Markets||$2,000 (can vary by country)||Futures on equity indices, energy, metals, agriculture, rates and FX||No||Ranges between $1.25 and $6 per contract (min of $10)|
|TD Ameritrade||$50 (electronic transfers); no account minimum||Futures on Stock index & Micro E-mini index futures, Energy, Metals, Treasury & interest rates, Agriculture, Currency, Micro Futures||Yes||$2.25 per contract|
|E*TRADE||$0||Futures on market indices, energies, metals, interest rates, currencies, Bitcoin and Micro||Yes||$1.5 per contract, except for cryptocurrency futures, which cost $2.5 per contract|
|Plus500 Futures||$100||Futures on: Crypto, Agriculture, Metals, Forex, Interest Rates, Energy and Equity Index||Yes||$0.49 (per trade) in micro contracts and $0.89 (per trade) in Standard contract|