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, IG 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 - 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.
When it comes to investment options, both IG and Webull allow users to trade shares, making them suitable choices for those interested in the stock market. However, IG sets itself apart by providing additional opportunities in ETF and CFD trading, as well as offering investment trusts. In contrast, Webull does not support these additional investment types, which might limit investors who are seeking to diversify their portfolios beyond traditional stock trading.
Neither IG nor Webull offers crypto trading, spread betting, funds trading, or bond trading of any kind, and both lack advisory services. According to UK.StockBrokers.com, IG holds a rating of 4.5 stars for its investment choices, ranking 10th out of 18 brokers, while Webull is rated 3 stars with no specific ranking provided. This suggests that IG may be a better option for investors seeking a wider array of investment choices.
| 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 offered by IG and Webull, both platforms effectively display corporate events like earnings, splits, and dividends on charts. IG takes the lead in chart customization with 19 drawing tools and 33 technical indicators, allowing for more comprehensive analysis compared to Webull's 17 drawing tools and 12 indicators. Despite this, both platforms enable users to add personal notes directly onto charts and provide a robust browser-based trading experience.
While neither IG nor Webull supports index overlays, Webull allows users to add stock overlays, giving it a slight advantage in this area. Both IG and Webull ensure their users have access to real-time market data and can set up alerts for stock price updates, making them solid choices for traders who value dynamic and responsive platforms.
| 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 |
When comparing online brokers IG and Webull in terms of retirement account offerings, IG stands out by providing more options for UK investors seeking tax-efficient investing. IG offers both Individual Savings Accounts (ISA) and Self-Invested Personal Pensions (SIPP), making it a versatile choice for those planning for the future. In contrast, Webull does not provide ISA or SIPP accounts, which may limit its appeal for those specifically interested in these retirement savings options. Investors who prioritize having a broader selection of retirement accounts should consider IG over Webull for their financial planning needs.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
When comparing the mobile app offerings of online brokers IG and Webull, both brokers provide robust platforms for iPhone and Android users. IG has earned a perfect 5-star rating for its mobile app from UK.StockBrokers.com and ranks #6 out of 18 brokers for mobile app quality. Webull also offers a highly rated mobile experience with 4.5 stars, although it does not appear in the UK.StockBrokers.com ranking for mobile apps. Whether you prioritize a highly acclaimed app like IG's or seek a slightly more cost-effective alternative like Webull's, both brokers cater effectively to mobile investors.
Dive deeper: Best Stock Trading Apps UK.
When it comes to beginner investor educational resources, IG stands out over Webull, particularly with their offerings of educational webinars. IG provides live client webinars, with the added convenience of archiving them for on-demand viewing, making it easier for beginners to learn at their own pace. In contrast, Webull does not offer client webinars. Both brokers cater to share trading education, but IG further provides resources on retirement topics, whereas Webull addresses education on funds. Despite some varying focuses, IG's educational materials earn them a higher rating of 5 stars from UK.StockBrokers.com and a respectable rank of #7 out of 18 brokers for beginner education, while Webull secures a 3.5 star rating and remains unranked in the same category.
| 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 it comes to market research features, IG and Webull present distinct offerings. IG stands out by providing research reports for funds, a feature unavailable with Webull. Both brokers allow investors to access shares research, yet differ in ETF insights—IG provides comprehensive ETF research, whereas Webull does not. While neither platform provides insights into portfolio allocation by asset class, IG supports CFD research and Webull does not. However, neither IG nor Webull offer research on funds or bonds, leaving investors with more limited options in these areas. When choosing between these platforms, consider which specific research features align best with your investment needs.
| 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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|---|---|---|
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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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