United States
United Kingdom
Germany
Netherlands
Australia
United Arab Emirates
Canada
Italy
Spain
Austria
Croatia
Serbia
Portugal
CyprusWebull vs Interactive Brokers
What each one charges, who licenses it, and how they rank against each other country by country.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
The short version
We rank both for stocks in 3 countries, and Webull comes out ahead in every one of them.
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, Webull is cheaper.
Both hold top-tier (tier-1) licences: Webull from SEC / FINRA, ASIC and CIRO, Interactive Brokers from SEC / FINRA, FCA, CBI, ASIC, CIRO, SFC, MAS and JFSA.
- Webull is cheaper for US stock orders: $0 per order, compared with $1 per order at Interactive Brokers.Edge: Webull
- We list Webull in 3 of the 14 countries we cover and Interactive Brokers in 12. They overlap in 3.Edge: Interactive Brokers
- Only Interactive Brokers offers forex and CFDs.
- Only Webull supports TradingView.
- Interactive Brokers gets more search attention than Webull (Market Signal 61 vs 58). 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 | Webull | Interactive Brokers |
|---|---|---|
| Australia | #3 of 875/100Locally licensed Webull Securities (Australia) Pty. Ltd. · ASIC | #5 of 871/100Locally licensed Interactive Brokers Australia Pty. Ltd. · ASIC |
| Canada | #2 of 572/100Locally licensed Webull Securities (Canada) Limited · CIRO | #3 of 571/100Locally licensed Interactive Brokers Canada Inc. · CIRO |
| United States | #3 of 975/100Locally licensed Webull Financial LLC · SEC / FINRA | #6 of 971/100Locally licensed Interactive Brokers LLC · SEC / FINRA |
| Austria | Not listed | #2 of 871/100EU passport Interactive Brokers Ireland Limited · CBI |
| Croatia | Not listed | #2 of 871/100EU passport Interactive Brokers Ireland Limited · CBI |
| Cyprus | Not listed | #2 of 971/100EU passport Interactive Brokers Ireland Limited · CBI |
| Germany | Not listed | #2 of 1271/100EU passport Interactive Brokers Ireland Limited · CBI |
| Italy | Not listed | #2 of 1171/100EU passport Interactive Brokers Ireland Limited · CBI |
| Netherlands | Not listed | #3 of 1071/100EU passport Interactive Brokers Ireland Limited · CBI |
| Portugal | Not listed | #2 of 971/100EU passport Interactive Brokers Ireland Limited · CBI |
| Spain | Not listed | #2 of 971/100EU passport Interactive Brokers Ireland Limited · CBI |
| United Kingdom | Not listed | #4 of 771/100Locally licensed Interactive Brokers (U.K.) Limited · FCA |
Crypto exchanges
| Country | Webull | Interactive Brokers |
|---|---|---|
| Canada | #5 of 661/100Locally licensed Webull Canada Crypto Limited · CIRO | Not listed |
Fees and features side by side
| Webull | Interactive Brokers | |
|---|---|---|
| Products | Stocks & ETFs, Options, Crypto | Stocks & ETFs, Forex, CFDs, Options, Futures, Crypto |
| Owner | Not verified yet | IBG LLC |
| EUR/USD all-in cost | Not verified yet | 0.6 pips, IBKR Pro (0.20 bps commission + spread from 0.1 pip) |
| US stock commission | $0 per order | $1 per order |
| Crypto trading fee | 1%, app fee per trade (no order book) | Not verified yet |
| Currency conversion fee | Not verified yet | Not verified yet |
| Inactivity fee | Not verified yet | None |
| Withdrawal fee | Not verified yet | Up to $10 |
| Minimum deposit | $0 (Webull Financial LLC) · $0 (Webull Securities (Australia) Pty. Ltd.) | $0 (Interactive Brokers LLC) |
| Instruments | Not verified yet | Not verified yet |
| Fractional shares | Yes | Yes |
| Platforms | Webull Desktop, Webull Mobile App, Webull Web, TradingView | Client Portal, IBKR Desktop, Trader Workstation (TWS) |
| Deposit methods | Not verified yet | Wire transfer, Electronic funds transfer (SEPA, ACH, BACS), Check (US only) |
| Withdrawal time (stated) | Not verified yet | same day or next day (SEPA and bank wire) |
| Demo account | Yes | Yes |
| Support | email, phone | live chat, email, phone |
Every figure comes from the broker's own pages or its regulator. You'll find the sources in each review (Webull, Interactive Brokers).
Licences
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)
Interactive Brokers
- Interactive Brokers LLC: SEC / FINRA (Tier 1)
- Interactive Brokers (U.K.) Limited: FCA (Tier 1)
- Interactive Brokers Ireland Limited: CBI (Tier 1)
- Interactive Brokers Australia Pty. Ltd.: ASIC (Tier 1)
- Interactive Brokers Canada Inc.: CIRO (Tier 1)
- Interactive Brokers Hong Kong Limited: SFC (Tier 1)
- Interactive Brokers Singapore Pte. Ltd.: MAS (Tier 1)
- Interactive Brokers Securities Japan Inc.: JFSA (Tier 1)
- Interactive Brokers India Pvt. Ltd.: SEBI (Tier 2)
Webull vs Interactive Brokers: common questions
Which is better, Webull or Interactive Brokers?
We rank both for stocks in 3 countries, and Webull comes out ahead in every one of them. For reference, Webull's best ranking is #2 of 5 stock brokers & investing apps in Canada, and Interactive Brokers' best ranking is #2 of 12 stock brokers & investing apps in Germany.
Is Webull cheaper than Interactive Brokers?
Webull is cheaper for US stock orders: $0 per order, compared with $1 per order at Interactive Brokers.
Is Webull or Interactive Brokers better regulated?
Both hold top-tier (tier-1) licences: Webull from SEC / FINRA, ASIC and CIRO, Interactive Brokers from SEC / FINRA, FCA, CBI, ASIC, CIRO, SFC, MAS and JFSA. 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 Webull and Interactive Brokers where I live?
We list Webull in 3 of the 14 countries we cover and Interactive Brokers in 12. They overlap in 3. For stocks, you'll find both on our lists in Australia, Canada and United States.