Webull Singapore review

The account fee is $0, and the model is commission-free. Stock trades run at a stock trade fee of $0. Options are charged separately at $0.55, so the cost picture depends on what you trade.

The account is run by Webull Securities (Singapore) Pte. Ltd. and is based in Singapore. The regulator named for the brand is the Monetary Authority of Singapore. Read the legal documents for the entity details before you fund an account.

The stated markets are stocks, ETFs, options, futures, funds and bonds. The pricing page sets out the fees for each, with commission-free dealing on the core share trades and a charge on options. Availability of each market can depend on your account.

A demo account is listed among the features, alongside the mobile app. It lets you try the interface and the order screens without putting cash at risk. Market prices in a demo account do not reflect real money, so treat it as practice.

Support runs on email, phone and help centre. That mix means you can use a help centre, send an email or reach the team by phone. Plan for phone support inside Singapore working hours if your question is time sensitive.

Options are charged at $0.55 per contract, which is the main cost that the commission-free model does not remove. Stocks and ETFs are covered by the commission-free model, so a heavy options trader pays more than a buy and hold investor. Check the pricing page for how the charge is applied.

The combination of $0 account fee and $0 stock trade fee keeps entry costs low, and the demo account lets you learn the interface first. A low cost platform does not reduce market risk, so treat any demo experience as practice rather than a forecast.

The headquarters country is Singapore and the legal entity is Webull Securities (Singapore) Pte. Ltd. The brand is supervised by the Monetary Authority of Singapore. Singapore residents are the natural fit for the account.