Horrible. I am a fan of Webull for stock trading and wish crypto trading was still on the regular platform. Will be looking elsewhere for crypto trading.
Simple and easy to use and understand. Maybe a little TOO simplified. Could use some advanced features actually. Would be great if the integration with TradingView did more than allow execution of trades. I expected it to track my positions on the chart as well and see no reason why it doesn't as the buy-price/entry cost data is shown in the account history window below the chart...
its okay, would like a more user friendly TP and SL set up to mirror Trading view's demo account, now that was slick!
You guys take too much per transaction so that the only profits possible are in cases of elevated, more significant plays and honestly its really disgusting.
It's actual trash. It doesn't tell you were your positions are. Doesn't show you what positions you have. You have to rely on you buy and sell order info. And this option to connect broker is not available on mobile, only desktop. It seems like they are trying to force you to just use the webullpay app which kinda sucks compared to the actual webull app. I'm looking for major improvements on this and mobile TradingView app connectivity. At that point I will reevaluate.
We are working to get a position tab up as soon as possible. We understand the frustration here and are working to get this live soon.
No leverage. Limited trading options.
connection to traidingview is very poor
Allow more options for stop losses and a "positions" tab like regular webull
We are working to get a position tab up as soon as possible. We understand the frustration here and are working to get this live soon.
I don't like it! cant find any crypto I can trade, keeps telling me its a unusable symbol
Hey! This is a common issue. Please reach out to customersupport@webullpay.com and we can support you in finding the tradeable symbols for Webull Pay. Thank you!
No Stop loss order
Does not offer extensive crypto and no bracketing. Not user friendly.
Terms and fees
Tradable assets
Crypto
Min deposit
10.00 USD
Deposit fee
No
Withdrawal fee
No
Inactivity fee
No
$0 fees for ACH transactions.
A 100 basis points spread is included in buying and selling prices of the cryptocurrencies.
Webull Pay does not charge fees for coin transfers. Network fees may apply.
A 100 basis points spread is included in buying and selling prices of the cryptocurrencies.
Webull Pay does not charge fees for coin transfers. Network fees may apply.
About Webull Pay
Webull Pay is an advanced cryptocurrency trading platform built on cutting-edge infrastructure. It offers seamless access to digital assets, empowering clients to trade with confidence. Since 2023, Webull Pay has equipped users with the tools to develop informed, strategic trading approaches.
Tools and features
Order types
Order features
Position features
Brackets
Other
Frequently Asked Questions
Webull Pay allows to trade cryptocurrencies.
Webull Pay is regulated by FinCEN (Financial Crimes Enforcement Network)
No, Webull Pay doesn't provide a demo account.
No, Webull Pay doesn't offer Level 2 data to its clients.
Level 2 is a subscription-based service that offers real-time access to the exchange’s order book. It gives traders and investors a detailed view of market depth and momentum, helping them make more informed and strategic trading decisions.
Level 2 is a subscription-based service that offers real-time access to the exchange’s order book. It gives traders and investors a detailed view of market depth and momentum, helping them make more informed and strategic trading decisions.
Webull Pay requires a minimum deposit of 10 USD.
Brokers usually require deposits to manage risk, cover trading costs, and comply with regulations. Deposits act as collateral for leveraged trades, ensuring brokers don’t face losses if a trade goes against a trader. They also help cover fees, prevent fraud, and ensure serious trading activity.
Brokers usually require deposits to manage risk, cover trading costs, and comply with regulations. Deposits act as collateral for leveraged trades, ensuring brokers don’t face losses if a trade goes against a trader. They also help cover fees, prevent fraud, and ensure serious trading activity.
No, there's no fee if there's no activity on your account.
Brokers impose inactivity fees to cover maintenance costs, comply with regulations, and encourage active trading. These fees help offset expenses for managing inactive accounts and prevent account abandonment.
Brokers impose inactivity fees to cover maintenance costs, comply with regulations, and encourage active trading. These fees help offset expenses for managing inactive accounts and prevent account abandonment.
Brokers provide access to financial markets and execute trades. They act as intermediaries between traders and exchanges, providing the necessary infrastructure and tools to place buy and sell orders. They offer services such as order execution, market access, research, analysis, and customer support. Additionally, brokers facilitate the use of leverage, margin trading, and help ensure regulatory compliance, providing traders with a secure environment to trade effectively. Without brokers, individual traders would struggle to access markets and execute trades efficiently.
Leverage is a mechanism that allows traders to open larger positions with a smaller amount of capital. It basically means borrowing funds from a broker, often multiplying your position size by 5x, 10x, or more. For example, with 5x leverage, a $100 deposit could open a $500 trade with your broker lending you $400 you don't have. It's a popular technique, but remember that while leverage increases potential profits, it also magnifies losses, which is why it's essential to learn how to manage risks.
It's always worth preparing for trades before actually executing them. On TradingView, you can do this with our Paper Trading functionality.
It's always worth preparing for trades before actually executing them. On TradingView, you can do this with our Paper Trading functionality.
No, Webull Pay doesn't impose any withdrawal fees on its clients.
No, Webull Pay doesn't have any deposit fee.
Check the fees Webull Pay has to make the best choice. $0 fees for ACH transactions.
A 100 basis points spread is included in buying and selling prices of the cryptocurrencies.
Webull Pay does not charge fees for coin transfers. Network fees may apply.
Webull Pay allows the following order types:
- Stop orders
- Market orders
- Limit orders
- Stop orders
- Market orders
- Limit orders
A broker's rating on TradingView is based on its clients' reviews. We ensure broker ratings reflect real user experiences by allowing reviews only from verified TradingView users with active linked accounts. Recent ratings carry more weight, providing up-to-date insights for informed decisions. This approach promotes transparency and prevents manipulation. Make sure to rate your broker to help it improve its service and assits other users in their choice.
No, you can't place bracket orders with Webull Pay.
An order is an instruction for a broker to execute a trade - buy or sell an asset on behalf of a trader. Depending on your strategy, risk tolerance, and market condition, different kinds of orders can be more or less effective, let's see the basic ones.
- Market order. It's a basic type designed to buy or sell an asset immediately at the next price available
- Limit order. Specifies the maximum (for buying) or minimum (for selling) price at which a trader is willing to execute a trade. It's only executed if the price reaches the preset level. There are buy and sell limit orders - they're set to buy/sell an asset at or below/above a certain price
- Stop order. Triggered when an asset moves above or below a certain price level, always executed in the direction that the price is moving. There are stop-loss orders (automatically closes a position at a certain level if the market moves against you) and (initiates a trade when the price breaks a certain level)
- Market order. It's a basic type designed to buy or sell an asset immediately at the next price available
- Limit order. Specifies the maximum (for buying) or minimum (for selling) price at which a trader is willing to execute a trade. It's only executed if the price reaches the preset level. There are buy and sell limit orders - they're set to buy/sell an asset at or below/above a certain price
- Stop order. Triggered when an asset moves above or below a certain price level, always executed in the direction that the price is moving. There are stop-loss orders (automatically closes a position at a certain level if the market moves against you) and (initiates a trade when the price breaks a certain level)
Successful trading requires thorough preparation, ensuring every decision is well-informed and carefully considered. To develop a winning strategy, follow these key steps:
- Find the right asset using our screeners and heatmaps. Explore the stock market with the Stock Screener, track cryptocurrencies on the Crypto Coins Heatmap, and more tools to fin in the main menu
- Analyze price movements on our Supercharts. Utilize multiple drawing tools, built-in indicators, and advanced features to gain deeper market insights
- Stay on top of market changes with the Economic Calendar and the latest news, helping you quickly adapt to shifting conditions
- Test your strategy in a risk-free environment with a Paper Trading account to see how it performs before committing real capital
- Choose a broker and start your trading journey with confidence once you have a clear strategy in place
- Find the right asset using our screeners and heatmaps. Explore the stock market with the Stock Screener, track cryptocurrencies on the Crypto Coins Heatmap, and more tools to fin in the main menu
- Analyze price movements on our Supercharts. Utilize multiple drawing tools, built-in indicators, and advanced features to gain deeper market insights
- Stay on top of market changes with the Economic Calendar and the latest news, helping you quickly adapt to shifting conditions
- Test your strategy in a risk-free environment with a Paper Trading account to see how it performs before committing real capital
- Choose a broker and start your trading journey with confidence once you have a clear strategy in place
Margin trading means an investor buying an asset by borrowing the balance from a broker. It allows traders to increase their buying power, enabling larger positions with less upfront capital. While it can provide greater market exposure with less capital and amplify potential gains, it also comes with increased risks:
- Increased risk of losses, including exceeding initial investment
- Interest costs on borrowed funds
- Potential for margin calls requiring additional deposits
Make sure to analyze an asset thoroughly and test your strategy on a Paper Trading account to ensure you're ready to navigate these risks.
- Increased risk of losses, including exceeding initial investment
- Interest costs on borrowed funds
- Potential for margin calls requiring additional deposits
Make sure to analyze an asset thoroughly and test your strategy on a Paper Trading account to ensure you're ready to navigate these risks.
Commissions in trading are fees that brokers charge for executing trades on behalf of traders. These costs help brokers maintain their platforms, provide essential services, and ensure smooth access to financial markets.
Understanding commission structures is essential for traders, as fees can impact overall profitability. Choosing a broker with competitive rates and transparent pricing ensures cost-effective trading.
Understanding commission structures is essential for traders, as fees can impact overall profitability. Choosing a broker with competitive rates and transparent pricing ensures cost-effective trading.