TradeStation vs Webull
What each one charges, who licenses it, and how they rank against each other country by country.

The short version
The United States is the one country where we rank both for stocks, and Webull comes out ahead there.
We score each country separately, based on the company that would actually hold your account there, so check your own country in the table below.
On the one fee we could check for both, they charge the same.
Both hold top-tier (tier-1) licences: TradeStation from SEC / FINRA, Webull from SEC / FINRA, ASIC and CIRO.
- Both charge the same for US stock orders: $0 per order.
- We list TradeStation in 1 of the 14 countries we cover and Webull in 3. They overlap in 1.Edge: Webull
- Webull gets more search attention than TradeStation (Market Signal 58 vs 41). That tells you how well known it is, not how good it is.
Where you can use each one
Where each one ranks on our list in every country we cover, its Coinish Score there, and the company that would hold your account. If a broker isn't allowed to take clients from a country, it isn't on that country's list.
Stock brokers & investing apps
| Country | TradeStation | Webull |
|---|---|---|
| United States | #8 of 960/100Locally licensed TradeStation Securities, Inc. · SEC / FINRA | #3 of 975/100Locally licensed Webull Financial LLC · SEC / FINRA |
| Australia | Not listed | #3 of 875/100Locally licensed Webull Securities (Australia) Pty. Ltd. · ASIC |
| Canada | Not listed | #2 of 572/100Locally licensed Webull Securities (Canada) Limited · CIRO |
Crypto exchanges
| Country | TradeStation | Webull |
|---|---|---|
| Canada | Not listed | #5 of 661/100Locally licensed Webull Canada Crypto Limited · CIRO |
Fees and features side by side
| TradeStation | Webull | |
|---|---|---|
| Products | Stocks & ETFs, Options, Futures, Crypto | Stocks & ETFs, Options, Crypto |
| Owner | TradeStation Group, Inc. | Not verified yet |
| US stock commission | $0 per order | $0 per order |
| Crypto trading fee | Not verified yet | 1%, app fee per trade (no order book) |
| Currency conversion fee | Not verified yet | Not verified yet |
| Inactivity fee | $10/month | Not verified yet |
| Withdrawal fee | $25, outgoing wire from an equities account | Not verified yet |
| Minimum deposit | $0 (TradeStation Securities, Inc.) | $0 (Webull Financial LLC) · $0 (Webull Securities (Australia) Pty. Ltd.) |
| Instruments | Not verified yet | Not verified yet |
| Fractional shares | Not verified yet | Yes |
| Platforms | TradeStation Desktop, TradeStation Web Trading, TradeStation Mobile, TITAN X, FuturesPlus, TradingView | Webull Desktop, Webull Mobile App, Webull Web, TradingView |
| Deposit methods | Not verified yet | Not verified yet |
| Withdrawal time (stated) | Not verified yet | Not verified yet |
| Demo account | Yes | Yes |
| Support | live chat, email, phone | email, phone |
Every figure comes from the broker's own pages or its regulator. You'll find the sources in each review (TradeStation, Webull).
Licences
TradeStation
- TradeStation Securities, Inc.: SEC / FINRA (Tier 1)
Webull
- Webull Financial LLC: SEC / FINRA (Tier 1)
- Webull Securities (Australia) Pty. Ltd.: ASIC (Tier 1)
- Webull Securities (Canada) Limited: CIRO (Tier 1)
- Webull Canada Crypto Limited: CIRO (Tier 1)
TradeStation vs Webull: common questions
Which is better, TradeStation or Webull?
The United States is the one country where we rank both for stocks, and Webull comes out ahead there. For reference, TradeStation's best ranking is #8 of 9 stock brokers & investing apps in the United States, and Webull's best ranking is #2 of 5 stock brokers & investing apps in Canada.
Is TradeStation cheaper than Webull?
Both charge the same for US stock orders: $0 per order.
Is TradeStation or Webull better regulated?
Both hold top-tier (tier-1) licences: TradeStation from SEC / FINRA, Webull from SEC / FINRA, ASIC and CIRO. Which company you actually sign up with depends on where you live; the country table on this page names it for each one.
Can I use both TradeStation and Webull where I live?
We list TradeStation in 1 of the 14 countries we cover and Webull in 3. They overlap in 1. For stocks, you'll find both on our lists in United States.