Webull

Webull Canada's self-directed Canadian and U.S. stock, ETF, options, and margin offering.

Canadian stocks$0 buy / $0 sell

U.S. stocks$0 buy / $0 sell

Institution: Webull
Official website: https://www.webull.ca/stocks ↗

Overview

Webull Canada advertises individual cash, margin, TFSA, and RRSP accounts with no account minimum for stock and ETF investing. Canadian- and U.S.-listed stock and ETF purchases and sales have $0 commission, although regulatory, exchange, currency-conversion, fund, and service costs can still apply.

Webull Canada's current account agreement excludes an FHSA, so it does not qualify for the comparison. Some normal platform fees remain unknown and are retained explicitly in this profile.

The available official pages describe Canadian and U.S. equities, U.S. options, extended-hours trading, desktop and mobile platforms, real-time market data, paper trading, technical and fundamental research, and a separate margin account. Temporary free options and Level 2 data offers are excluded from regular pricing.

Securities accounts are offered by Webull Securities (Canada) Limited on an order-execution-only basis. It is a CIRO and CIPF member; CIPF protection is subject to its terms and limits and does not protect against market losses.

Regular pricing and account fees

These are the regular online rates, excluding temporary promotions. Other account fees, currency conversion costs, service charges, trading fees and paid plans are covered below.

Account availability and recurring fees

Non-registered cash: Available · $0.70 per month per account account feeIndividual cash accounts are available. Webull lists a $0.70 monthly admin/maintenance fee per securities account, inclusive of applicable taxes; the page does not label the currency.
TFSA: Available · $0.70 per month per account account feeWebull Canada advertises self-directed TFSA accounts. Webull lists a $0.70 monthly admin/maintenance fee per securities account, inclusive of applicable taxes; the page does not label the currency.
RRSP: Available · $0.70 per month per account account feeWebull Canada advertises self-directed RRSP accounts. Webull lists a $0.70 monthly admin/maintenance fee per securities account, inclusive of applicable taxes; the page does not label the currency.
FHSA: Unavailable · Not Applicable account feeFHSA is unavailable under Webull's current contractual account scope. Webull's current account agreement defines registered accounts as TFSA or RRSP and does not offer an FHSA.

Regular online commissions

Canadian Stock: Buy $0 · sell $0Webull Canada states $0 per trade for Canadian stocks. Buy: Regular online purchases of Canadian stocks have $0 commission; regulatory and exchange fees may apply. Sell: Regular online sales of Canadian stocks have $0 commission; regulatory and exchange fees may apply.
Canadian Etf: Buy $0 · sell $0Webull Canada states $0 per trade for Canadian ETFs; issuer fund expenses remain separate. Buy: Regular online purchases of Canadian ETFs have $0 commission; regulatory and exchange fees may apply. Sell: Regular online sales of Canadian ETFs have $0 commission; regulatory and exchange fees may apply.
Us Stock: Buy $0 · sell $0Webull Canada states $0 per trade for U.S. stocks. Buy: Regular online purchases of U.S. stocks have $0 commission; regulatory, exchange, and currency costs may apply. Sell: Regular online sales of U.S. stocks have $0 commission; regulatory, exchange, and currency costs may apply.
Us Etf: Buy $0 · sell $0Webull Canada states $0 per trade for U.S. ETFs. Buy: Regular online purchases of U.S. ETFs have $0 commission; regulatory, exchange, currency, and fund costs may apply. Sell: Regular online sales of U.S. ETFs have $0 commission; regulatory, exchange, currency, and fund costs may apply.

Other fees and features

Accounts and tiers

Advertised account types: Cash, margin, TFSA, and RRSP
FHSA: Not applicable; unavailable under Webull's current account agreement

Minimums and recurring fees

Account minimum: $0 for stock and ETF investing
Cash-account recurring administration fee: $0.70 monthly per account, inclusive of applicable taxes; currency not labelled by Webull
Registered-account recurring administration fee: $0.70 monthly per account, inclusive of applicable taxes; currency not labelled by Webull
Inactivity fee: Unknown; not stated on the reviewed readable official pages

Service and transfer fees

Incoming transfer fee reimbursement: Unknown; a complete standing public reimbursement policy was not established
Deposits and withdrawals: Unknown; the complete current fee schedule was not readable through the permitted research method
Institutional transfer out: Unknown; the complete current fee schedule was not readable through the permitted research method
Registered-account withdrawals and deregistration: Unknown; the complete current fee schedule was not readable through the permitted research method
Other administrative services: Unknown; the complete current fee schedule was not readable through the permitted research method

Investments and trading costs

Canadian and U.S. stock and ETF commission: $0 per trade; regulatory and exchange fees may apply
U.S. options normal contract fee: US$0.99 per contract after the introductory period; regulatory, exchange, and other fees may applyThe temporary introductory refund was excluded from regular pricing.
Fund expenses: ETF charges and expenses are set by the fund and remain separate from brokerage commission

Foreign exchange and currency

Supported account currencies: Unknown; complete CAD and USD cash-handling terms were not verified from the reviewed readable pages
Currency-conversion rate or fee: Unknown; no current official Canadian FX schedule was available in readable form
U.S.-dollar settlement: Unknown; the reviewed pages do not establish when U.S. trades settle in USD or require conversion

Markets

Equity markets: Canadian and U.S. stocks and ETFs
Options market: U.S. stock, ETF, and index options
Extended-hours market: U.S. equity trading from 4 a.m. to 8 p.m. ET; overnight trading is also advertised for supported securities

Trading features

Paper trading: Canadian and U.S. equities and U.S. options with simulated funds
Alerts: 14 customizable alert types, including price, volume, technical-signal, and news alerts
Fractional shares: Unknown; Canadian availability and terms were not established from the reviewed official pages
Dividend reinvestment and recurring purchases: Unknown; Canadian availability and terms were not established from the reviewed official pages

Platforms and market data

Platforms: Desktop for Windows, macOS, and Ubuntu Linux; iOS and Android mobile apps
Standard market data: Real-time market data and quotes are advertised as included
Nasdaq Level 2: Unknown normal ongoing price; only temporary free-access terms were disclosed
OPRA options quotes: Unknown unconditional ongoing price; continued free access requires monthly options activity

Orders and research

Order types: Seven order types are advertised, from basic to advanced
Charting: More than 60 indicators and more than 20 drawing tools with customizable multi-display charts
Fundamental research: Financial statements, screeners, analyst ratings, earnings information, news, and technical signals

Margin

Margin availability: Separate margin account with up to two-times Canadian and U.S. buying power
Margin minimum equity: $2,000 CAD or USD equivalent to qualify and maintain margin access
Borrowing below $100,000: CAD and USD prime plus 3.00%
Borrowing of $100,000 or more: CAD and USD prime plus 2.00%
Margin risk: Interest accrues daily; losses can exceed deposits and positions can be liquidated

Custody and protection

Securities dealer: Webull Securities (Canada) Limited
Regulation: Canadian Investment Regulatory Organization member
Investor protection: Canadian Investor Protection Fund member; securities accounts are subject to CIPF terms and limits
Advice model: Order execution only and self-directed; no recommendations or investment advice