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 £0 per year, while Webull would cost 0.025% of trade value per year.
12 trades per year - IG would cost £0 per year, while Webull would cost 0.025% of trade value per year.
36 trades per year - IG would cost £0 per year, while Webull would cost 0.025% of trade value per year.
120 trades per year - IG would cost £0 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 an online trading platform, IG and Webull are popular options worth considering. IG excels with its array of investment choices, offering share trading, ETF trading, CFD trading, and investment trusts. In contrast, Webull offers share trading but lacks in other areas, as it doesn't support ETFs, CFDs, or investment trusts. Both platforms do not offer crypto trading, spread betting, funds trading, corporate or government bonds, nor do they provide advisor services. This highlights IG's wider offering compared to Webull's more limited scope, which might suit those looking for straightforward share trading.
According to UK.StockBrokers.com, IG has earned a commendable 4.5-star rating for its investment choices, placing it 11th among 21 brokers. Webull, on the other hand, holds a 3-star rating and ranks at the bottom in 21st position. This suggests that IG provides a more diverse and comprehensive range of investment options than Webull, offering greater flexibility to UK investors who are keen on exploring a variety of trading opportunities.
| 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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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
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 apps of online brokers IG and Webull, both platforms offer iPhone and Android apps, catering to users across popular mobile devices. According to UK.StockBrokers.com, IG's app is highly rated with a perfect 5-star score and boasts an impressive ranking of 2nd among 21 brokers for mobile app performance. In contrast, Webull's app is also well-regarded, receiving a slightly lower rating of 4.5 stars and securing the 8th position in the same ranking. UK users looking for reliable mobile trading options can consider these ratings when deciding between IG and Webull.
Dive deeper: Best Stock Trading Apps UK.
When comparing IG and Webull for beginner investor educational resources, IG stands out as the more comprehensive choice for those in the UK. IG offers live educational webinars that are also archived for on-demand viewing, covering important topics like share trading and retirement. While Webull provides education on share trading and funds, it lacks live webinars and recorded educational content. IG's educational offerings have earned it a top rating of 5 stars from UK.StockBrokers.com, securing the number 1 spot out of 21 brokers for beginner education. In contrast, Webull holds a 3.5-star rating, placing it at 19th in the same ranking. For UK beginners keen on thorough and accessible learning resources, IG seems the preferable option.
| 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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| Mobile App |
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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 | 0.025% | |
| Share Trading: 10-19 Deals/ Month | £0 | 0.025% | |
| Share Trading: 20+ Deals/ Month | £0 | 0.025% | |
| 5 trades per year (£30k portfolio) | £0 | 0.025% of trade value | |
| 12 trades per year (£30k portfolio) | £0 | 0.025% of trade value | |
| 36 trades per year (£30k portfolio) | £0 | 0.025% of trade value | |
| 120 trades per year (£30k portfolio) | £0 | 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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