The most surprising thing about Webull is the fact that its options tools and charting abilities are robust for a broker that costs next to nothing to trade on.
The options tools help you set up and customize common strategies using different order types and spreads between strike prices in multi-leg strategies.
Pros
- No commissions on stocks, ETFs, U.S.-listed options, and cryptocurrencies
- Access to extended hours and pre-market trading
- Intuitive trading platform with surprisingly powerful functionality given the low-cost
Cons
- Platform isn’t as robust as some options-focused competitors
- No access to fixed income, mutual funds, foreign exchange, or futures markets
- Limited range of tools for portfolio management
If you want to trade options at the lowest possible price, Webull is the broker for you.