Written by StockBrokers.com
In this head to head comparison of Barclays vs Webull, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
Alongside the cost per trade, most UK online brokers also charge a monthly, quarterly, or annual management fee, which varies based on the account type and balance. Based on our thorough review, Barclays offers better pricing than Webull for share dealing.
Assuming a £30,000 portfolio size, here are the total annual costs for share dealing with both brokers, given different monthly activity scenarios.
5 trades per year - Barclays would cost £105 per year, while Webull would cost 0.025% of trade value per year.
12 trades per year - Barclays would cost £75 or £147 per year, while Webull would cost 0.025% of trade value per year.
36 trades per year - Barclays would cost £75 or £291 per year, while Webull would cost 0.025% of trade value per year.
120 trades per year - Barclays would cost £75 or £795 per year, while Webull would cost 0.025% of trade value per year.
3 fund trades per year - Barclays would cost £0 per year, while Webull would cost £0 per year.
What type of trader are you?
New to the world of investing? See our picks for the Best UK Trading Platforms for Beginners. More experienced traders should read our guide to the Best UK Trading Platforms for Active Traders.
Barclays and Webull both provide options for trading shares, catering to investors looking to engage in the stock market. However, Barclays offers a more extensive range of investment choices, enabling trading in ETFs, funds, corporate bonds, government bonds, and investment trusts. Webull, on the other hand, focuses more narrowly on share trading and lacks offerings such as ETF trading and bonds. As for crypto trading and spread betting, neither Barclays nor Webull provides these services, keeping their investment services centered strictly around traditional market options.
Among the two, Barclays boasts a superior array of investment services, earning a 5-star rating from UK.StockBrokers.com for its investment choices, landing it in the 6th spot out of 18 brokers. In contrast, Webull receives a modest 3-star rating, with its focus seemingly less broad compared to Barclays, which offers additional advisor services to its users. Investors seeking a comprehensive set of investment choices may find Barclays more appealing, while Webull remains a simple platform for basic share trading.
| Feature |
Barclays
|
Webull
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | No | No |
| ETFs | Yes | No |
| Funds | Yes | No |
| Bonds - Government (Gilts) | Yes | No |
| Investment Trusts | Yes | No |
| Spread Betting | No | No |
| Crypto Trading | No | No |
| Advisor Services | Yes | No |
| Investment Choices |
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Professional’s Gateway to the World’s Markets.
Low-cost US and UK shares.
When comparing the trading tools of Barclays and Webull, Webull stands out with its advanced charting features. Unlike Barclays, which lacks charting tools, Webull offers the ability to display crucial corporate events like earnings, splits, and dividends directly on charts. In terms of drawing capabilities, Barclays does not provide any drawing tools, while Webull impressively includes 17 drawing tools to help traders with detailed analysis. Additionally, Webull surpasses Barclays by offering 12 technical indicators and the option to add notes to charts, enhancing the user's experience and analytical abilities.
Both Barclays and Webull provide a browser-based trading platform and allow users to create alerts for stock price changes. However, when it comes to stock overlays on charts, Webull offers this feature while Barclays does not. Webull also provides real-time market data, a critical element for those seeking up-to-date trading insights, which Barclays does not offer. Neither platform supports index overlays on charts, but Webull's comprehensive range of features makes it a more attractive option for traders focused on robust charting and real-time data.
| Feature |
Barclays
|
Webull
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 0 | 12 |
| Charting - Drawing Tools | 0 | 17 |
| Charting - Notes | No | Yes |
| Charting - Display Corporate Events | No | Yes |
| Charting - Stock Overlays | No | Yes |
| Charting - Index Overlays | No | No |
When comparing Barclays and Webull for retirement account options, Barclays stands out by offering both ISA and SIPP accounts, making it a versatile choice for investors seeking UK tax-efficient retirement and savings solutions. In contrast, Webull does not provide ISA or SIPP accounts, focusing instead on other investment account types. For investors prioritizing retirement savings through ISAs or SIPPs, Barclays emerges as the more comprehensive option between the two online brokers.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
Both Barclays and Webull provide iPhone and Android apps for their users, catering to the growing demand for mobile trading solutions. However, when it comes to ratings, UK.StockBrokers.com gives Barclays a modest 2.5-star rating for its mobile app experience, ranking it 16th out of 18 brokers. In contrast, Webull shines with an impressive 4.5-star rating, although it doesn't have a specific ranking among brokers on that site. This suggests that traders might find a more satisfactory mobile experience with Webull compared to Barclays.
Dive deeper: Best Stock Trading Apps UK.
When comparing the educational resources for beginner investors at Barclays and Webull, both platforms demonstrate strengths and weaknesses. While neither offers educational client webinars, Barclays and Webull provide educational content on share trading and funds, vital topics for those new to investing. However, Barclays takes it a step further by offering resources on retirement planning, a significant consideration for long-term investors. According to UK.StockBrokers.com, Barclays shines with a 4.5-star rating and earns a respectable fifth place rank out of 18 brokers for its beginner education offerings. In contrast, Webull holds a lower 3.5-star rating and is not ranked among the top brokers for beginner education, suggesting that Barclays might be a more supportive choice for novices seeking comprehensive educational tools.
| Feature |
Barclays
|
Webull
|
|---|---|---|
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Education (Share Trading) | Yes | Yes |
| Education (Funds) | Yes | Yes |
| Education (Retirement) | Yes | No |
| Education |
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Dive deeper: Best UK Trading Platforms for Beginners.
When comparing the market research features of online brokers Barclays and Webull, Barclays stands out for its comprehensive offerings. Barclays provides research reports for funds and allows investors to view their portfolio allocation by asset class, features that Webull currently does not offer. Both brokers deliver shares research, but Barclays goes a step further by including ETFs, funds, and bonds research, while Webull lacks support in these areas. CFDs research is unavailable from both platforms. Overall, Barclays tends to offer a broader range of market research tools that could be beneficial for investors seeking thorough investment insights.
| Feature |
Barclays
|
Webull
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | No | No |
| Research - ETFs | Yes | No |
| Research - Bonds | Yes | No |
| Research - Funds | Yes | No |
| Fund Research - Research Reports | Yes | No |
| Portfolio Allocation Breakdown | Yes | No |
Which broker is better overall, Barclays or Webull? After collecting more than 900 data points over a 10-week period, we found Barclays to be a better trading platform overall.
Barclays Smart Investor offers a wide range of investments and accounts and is a good value for those with a midsize portolio who like flat fees. On the downside, it can be complicated to open an account as a non-Barclays bank customer, and you can’t buy or sell investments through the app if you don’t have a Barclays bank account.
| Feature |
Barclays
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Webull
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Barclays and Webull are both online brokers, yet neither offers the capability for users to trade cryptocurrency.
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0 of 5| Overall Rating | Barclays | Webull | |
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| Review | Barclays Review | Webull Review | |
| Winner | check_circle |
| Investments | Barclays | Webull | |
|---|---|---|---|
| ISA | Yes | No | |
| SIPP | Yes | No | |
| Share Trading | Yes | Yes | |
| CFD Trading | No | No | |
| Funds | Yes | No | |
| ETFs | Yes | No | |
| Bonds - Corporate | Yes | No | |
| Bonds - Government (Gilts) | Yes | No | |
| Investment Trusts | Yes | No | |
| Spread Betting | No | No | |
| Crypto Trading | No | No | |
| Advisor Services | Yes | No |
| Trading Fees | Barclays | Webull | |
|---|---|---|---|
| Minimum Deposit | £0 | £0 | |
| Share Trading: 0-9 Deals/ Month | £6 | 0.025% | |
| Share Trading: 10-19 Deals/ Month | £6 | 0.025% | |
| Share Trading: 20+ Deals/ Month | £6 | 0.025% | |
| 5 trades per year (£30k portfolio) | £105 | 0.025% of trade value | |
| 12 trades per year (£30k portfolio) | £75 or £147 | 0.025% of trade value | |
| 36 trades per year (£30k portfolio) | £75 or £291 | 0.025% of trade value | |
| 120 trades per year (£30k portfolio) | £75 or £795 | 0.025% of trade value | |
| 3 fund trades per year (£30k portfolio) | £75 | N/A | |
| Annual Custody Fee: £0 - £250,000 | £0 - £525 | £0 | |
| Annual Custody Fee: £250K-£500K | £525 - £650 | £0 | |
| Annual Custody Fee: £500,000 - £1m | £650 - £850 | £0 | |
| Annual Custody Fee: £1m and over | £850 and up | £0 | |
| Bonds - Corporate - Fee | £6 | N/A | |
| Bonds - Government (Gilts) - Fee | £6 | N/A | |
| ETFs - Fee | £6 | N/A | |
| Investment Trusts - Fee | £6 | N/A | |
| Telephone Dealing Fee | £25 | N/A |
| Broker Screenshots | Barclays | Webull | |
|---|---|---|---|
| Website Gallery (click to expand) |
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| Mobile Trading Apps Gallery (click to expand) |
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| Education Gallery (click to expand) |
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| Platforms & Tools | Barclays | Webull | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 0 | 12 | |
| Charting - Drawing Tools | 0 | 17 | |
| Charting - Notes | No | Yes | |
| Charting - Display Corporate Events | No | Yes | |
| Charting - Stock Overlays | No | Yes | |
| Charting - Index Overlays | No | No |
| Research | Barclays | Webull | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | No | No | |
| Research - Funds | Yes | No | |
| Fund Research - Research Reports | Yes | No | |
| Research - ETFs | Yes | No | |
| Research - Bonds | Yes | No | |
| Portfolio Allocation Breakdown | Yes | No |
| Education | Barclays | Webull | |
|---|---|---|---|
| Education (Share Trading) | Yes | Yes | |
| Education (Funds) | Yes | Yes | |
| Education (Retirement) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No |
| Overall Summary | Barclays | Webull | |
|---|---|---|---|
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| Review | Barclays Review | Webull Review | |
| Winner | check_circle |
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