Written by StockBrokers.com
In this head to head comparison of IG 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, Webull offers better pricing than IG 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 - IG would cost £136 per year, while Webull would cost 0.025% of trade value per year.
12 trades per year - IG would cost £96 per year, while Webull would cost 0.025% of trade value per year.
36 trades per year - IG would cost £108 per year, while Webull would cost 0.025% of trade value per year.
120 trades per year - IG would cost £360 per year, while Webull would cost 0.025% of trade value per year.
3 fund trades per year - IG 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.
For UK investors seeking a comprehensive online brokerage, IG and Webull present distinct offerings in terms of investment choices. IG shines with its variety of trading options, allowing users to invest in shares, ETFs, CFDs, and investment trusts, making it a versatile platform for those interested in diversifying their portfolios. In contrast, Webull provides more limited choices, offering share trading but lacking in the ETF, CFD, and investment trust categories. Neither platform caters to crypto enthusiasts or individuals seeking services like spread betting, trading of corporate or government bonds, funds trading, or advisor services.
When evaluated by UK.StockBrokers.com, IG earns a commendable 4.5 out of five stars for its range of investment choices, securing the 11th spot among 18 competitors. Webull, on the other hand, receives a modest 3-star rating, placing it at the 21st position. For those prioritizing a broad spectrum of investment avenues, IG seems to hold the upper hand compared to Webull, offering more opportunities for diversified trading strategies.
| Feature |
IG
|
Webull
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | Yes | No |
| ETFs | Yes | No |
| Funds | No | No |
| Bonds - Government (Gilts) | No | No |
| Investment Trusts | Yes | No |
| Spread Betting | Yes | No |
| Crypto Trading | No | No |
| Advisor Services | No | 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 IG and Webull, both platforms allow users to display corporate events such as earnings, splits, and dividends directly on their charts. IG provides a comprehensive suite with 19 drawing tools and 33 technical indicators for charting, whereas Webull offers 17 drawing tools and 12 technical indicators. Both platforms enable users to add notes to their charts, making it easier for traders to keep track of important observations.
For UK investors, while neither IG nor Webull supports index overlays on charts, Webull has the upper hand with its unique feature of stock overlays, which IG lacks. Both platforms also offer browser-based trading and the ability to set up alerts for stock price updates, along with access to real-time market data. These features make both IG and Webull attractive options for those seeking dynamic trading experiences online.
| Feature |
IG
|
Webull
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 33 | 12 |
| Charting - Drawing Tools | 19 | 17 |
| Charting - Notes | Yes | Yes |
| Charting - Display Corporate Events | Yes | Yes |
| Charting - Stock Overlays | No | Yes |
| Charting - Index Overlays | No | No |
For UK investors evaluating retirement account options between IG and Webull, there are key distinctions to consider. IG accommodates UK residents by offering both ISA (Individual Savings Account) and SIPP (Self-Invested Personal Pension) options, catering to diverse retirement planning needs with tax advantages. In contrast, Webull does not provide ISA or SIPP accounts, making IG a more comprehensive choice for UK users seeking these specific retirement savings vehicles. Consider your retirement goals and preferred tax benefits when choosing between these online brokers.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
When comparing the mobile trading apps offered by IG and Webull for a UK audience, both platforms are accessible on iPhone and Android devices, but they differ in user ratings and rankings. According to UK.StockBrokers.com, IG's mobile app achieves an impressive 5-star rating, placing it 2nd out of 18 brokers, exemplifying its high user satisfaction and performance. Meanwhile, Webull also supports iPhone and Android users and earns a respectable 4.5-star rating, ranking 8th among the same group of brokers. This suggests that while both apps are well-regarded, IG's app is perceived to deliver a slightly superior mobile trading experience.
Dive deeper: Best Stock Trading Apps UK.
When comparing the educational resources for beginner investors offered by IG and Webull, IG clearly stands out for UK users. IG provides educational client webinars, which are also available on demand, giving users the flexibility to learn at their own pace. In contrast, Webull does not offer webinars for its users. Both platforms offer education on share trading; however, Webull includes resources on funds, which IG does not. For those interested in retirement planning, IG provides support, while Webull does not cover this topic. Notably, IG is rated 5 stars for beginner education and ranks first among 18 brokers according to UK.StockBrokers.com, underscoring its excellence in guiding new investors. Webull, however, is rated 3.5 stars and ranks 19th, reflecting its more limited educational support.
| Feature |
IG
|
Webull
|
|---|---|---|
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Education (Share Trading) | Yes | Yes |
| Education (Funds) | No | Yes |
| Education (Retirement) | Yes | No |
| Education |
|
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Dive deeper: Best UK Trading Platforms for Beginners.
When comparing the market research features offered by IG and Webull, UK investors will find notable differences. IG stands out with its comprehensive research reports for funds, ETFs, and CFDs, which Webull lacks. Both platforms provide research on shares, but neither offers insights on portfolio allocation by asset class or bonds. However, Webull trails behind IG by not providing research on ETFs or CFDs, making IG a more informative choice for those interested in these areas.
| Feature |
IG
|
Webull
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | Yes | No |
| Research - ETFs | Yes | No |
| Research - Bonds | No | No |
| Research - Funds | No | No |
| Fund Research - Research Reports | Yes | No |
| Portfolio Allocation Breakdown | No | No |
Which broker is better overall, IG or Webull? After collecting more than 900 data points over a 10-week period, we found IG to be a better trading platform overall.
IG is an investment platform aimed at experienced investors looking to make frequent trades on the stock market, with thousands of shares, trusts and ETFs to trade. It offers a comprehensive and easy-to-use trading platform that is used by both private and professional investors.
| Feature |
IG
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Webull
|
|---|---|---|
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In comparing online brokers IG and Webull, a notable distinction is that neither platform offers cryptocurrency trading, catering to traditional financial markets instead.
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0 of 5| Overall Rating | IG | Webull | |
|---|---|---|---|
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| Review | IG Review | Webull Review | |
| Winner | check_circle |
| Investments | IG | Webull | |
|---|---|---|---|
| ISA | Yes | No | |
| SIPP | Yes | No | |
| Share Trading | Yes | Yes | |
| CFD Trading | Yes | No | |
| Funds | No | No | |
| ETFs | Yes | No | |
| Bonds - Corporate | No | No | |
| Bonds - Government (Gilts) | No | No | |
| Investment Trusts | Yes | No | |
| Spread Betting | Yes | No | |
| Crypto Trading | No | No | |
| Advisor Services | No | No |
| Trading Fees | IG | Webull | |
|---|---|---|---|
| Minimum Deposit | £0 | £0 | |
| Share Trading: 0-9 Deals/ Month | £0-£10 | 0.025% | |
| Share Trading: 10-19 Deals/ Month | £3 | 0.025% | |
| Share Trading: 20+ Deals/ Month | £3 | 0.025% | |
| 5 trades per year (£30k portfolio) | £136 | 0.025% of trade value | |
| 12 trades per year (£30k portfolio) | £96 | 0.025% of trade value | |
| 36 trades per year (£30k portfolio) | £108 | 0.025% of trade value | |
| 120 trades per year (£30k portfolio) | £360 | 0.025% of trade value | |
| 3 fund trades per year (£30k portfolio) | N/A | N/A | |
| Annual Custody Fee: £0 - £250,000 | £0 / £96 | £0 | |
| Annual Custody Fee: £250K-£500K | £0 / £96 | £0 | |
| Annual Custody Fee: £500,000 - £1m | £0 / £96 | £0 | |
| Annual Custody Fee: £1m and over | £0 / £96 | £0 | |
| Bonds - Corporate - Fee | N/A | N/A | |
| Bonds - Government (Gilts) - Fee | N/A | N/A | |
| ETFs - Fee | £0 - £8 | N/A | |
| Investment Trusts - Fee | £0 - £8 | N/A | |
| Telephone Dealing Fee | £50 | N/A |
| Broker Screenshots | IG | 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 | IG | Webull | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 33 | 12 | |
| Charting - Drawing Tools | 19 | 17 | |
| Charting - Notes | Yes | Yes | |
| Charting - Display Corporate Events | Yes | Yes | |
| Charting - Stock Overlays | No | Yes | |
| Charting - Index Overlays | No | No |
| Research | IG | Webull | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | Yes | No | |
| Research - Funds | No | No | |
| Fund Research - Research Reports | Yes | No | |
| Research - ETFs | Yes | No | |
| Research - Bonds | No | No | |
| Portfolio Allocation Breakdown | No | No |
| Education | IG | Webull | |
|---|---|---|---|
| Education (Share Trading) | Yes | Yes | |
| Education (Funds) | No | Yes | |
| Education (Retirement) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No |
| Overall Summary | IG | Webull | |
|---|---|---|---|
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| Review | IG Review | Webull Review | |
| Winner | check_circle |
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