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Vanguard ReviewWebull UK Review
Written by Elizabeth Anderson
Edited by Jeff Anberg
Fact-checked by Steven Hatzakis, Joey Shadeck
Your capital is at risk.
Webull is a fairly new trading platform in the U.K. and still finding its feet. The major downsides are that you can only invest in U.S. companies and Webull U.K. doesn’t offer ISAs or SIPPs. As a result, traders investing thousands of pounds a year may find taxes eating into their profits.
However, during my hands-on testing, I found the Webull app to be easy to use and provides better chart tools than many other competitors, including Robinhood and XTB. The Webull desktop trading platform is also impressive and well-suited for more experienced investors. Overall, Webull may be more appropriate for short-term investors or day traders rather than those looking to invest for the long term.
-
Minimum Deposit:
£0 -
ISA:
No -
SIPP:
No
| Investment Choices | |
| Charges & Fees | |
| Website | |
| Education | |
| Mobile App | |
| Ease of Use |
Check out UK.StockBrokers.com's picks for the best investment platforms in 2025.
| 2025 | #17 |
Table of Contents
Pros & cons
Pros
- Low fees for trading U.S. stocks.
- Offers fractional shares.
- Earn high interest rates with Webull Savings.
- Decent charting tools on mobile and desktop.
Cons
- Few investment options; only U.S. stocks are available.
- Can feel confusing to beginners.
- No ISA or SIPP accounts.
Webull fees
Most U.K. brokers charge a fixed fee to buy or sell shares, with a few offering zero trading charges.
While Webull doesn’t offer commission-free trading, its charges and fees are very low overall – if not always clear. Webull charges a percentage fee of 0.025% for buying or selling shares. As an example of what this means in practice, if you bought $6,000 worth of shares then the fee would work out at around $1.50.
As only U.S. shares are available on the platform, you’ll also pay a charge of 0.35% to convert pounds to dollars. On a trade of $6,000, this works out at around £16. This is cheaper than many other brokers - many in the U.K. charge closer to 1%.
Like with most U.K. brokers, there is no minimum amount required to open an account with Webull and there are no inactivity or withdrawal fees.
Scenario pricing: When calculating annual share dealing costs, trading frequency and account balance are the two most important factors to consider. Assuming a £30,000 portfolio in a traditional, taxable share dealing account, here are five scenarios of how much Webull would cost based on trade frequency:
- 5 trades per year = 0.025% of trade value
- 12 trades per year = 0.025% of trade value
- 36 trades per year = 0.025% of trade value
- 120 trades per year = 0.025% of trade value
- 3 fund trades per year = N/A
| Feature |
 Webull
|
|---|---|
| Minimum Deposit | £0 |
| Share Trading: 0-9 Deals/ Month | 0.025% |
| Share Trading: 10-19 Deals/ Month | 0.025% |
| Share Trading: 20+ Deals/ Month | 0.025% |
| Annual Custody Fee: £0 - £250,000 | £0 |
| Annual Custody Fee: £250K-£500K | £0 |
| Annual Custody Fee: £500,000 - £1m | £0 |
| Annual Custody Fee: £1m and over | £0 |
| Bonds - Corporate - Fee | N/A |
| Bonds - Government (Gilts) - Fee | N/A |
| ETFs - Fee | N/A |
| Investment Trusts - Fee | N/A |
| Telephone Dealing Fee | N/A |
What type of trader are you?
New to the world of investing? See my picks for the best UK trading platforms for beginners. More experienced traders should check out my guide to the best UK Trading Platforms for Active Traders. If you're looking to trade shares on the go, read my guide to the best UK stock trading apps.
Range of investments
Webull’s investment options in the U.K. are very limited. You can currently only invest in U.S. stocks. ETFs and stock options contracts are available on Webull’s U.S. platform but not in the U.K. You can view ETFs on the U.K. website but can’t invest in them.
Webull’s savings offering is a good way to encourage more savers to the platform. You can see the banks offering the top interest rates on easy access and notice accounts. If you choose to open an account through Webull Savings, these accounts will be opened for you and held in your name.
Savings accounts opened through Webull Savings are covered by the Financial Services Compensation Scheme (FSCS), meaning you are protected by up to £85,000 per person per bank. If you want to deposit more than £85,000, you may consider using multiple banks on the platform to diversify your risk.
| Feature |
Webull
|
|---|---|
| Share Trading | Yes |
| CFD Trading | No |
| ETFs | No |
| Funds | No |
| Bonds - Corporate | No |
| Bonds - Government (Gilts) | No |
| Investment Trusts | No |
| Spread Betting | No |
| Crypto Trading | No |
| Advisor Services | No |
Mobile trading apps
I was pleasantly surprised by Webull’s mobile app, which compares favourably to other investing apps. I like the fact you can explore companies by sector, being able to filter by retail, healthcare, or tech equipment. The sectors are colour-coded red or green to tell you whether the sector is, in general, performing strongly or weakly on that particular day.
There is also live pricing for shares and the app chart tools are better than Robinhood, Revolut, XTB, or CMC Invest (some of Webull’s rivals). You can compare the historical share price performance of up to three companies on a single chart on Webull’s mobile app, although you can’t overlay indices such as the S&P 500 to see how a company has performed against that particular index. You can make the chart full-screen, zoom in, and change the view to horizontal when you turn your phone on its side – more than many other apps offer.
Trending news and educational articles also feature prominently on the app, which is helpful for newer investors. It is also possible to compare cash interest rates offered by different U.K. banks, thanks to Webull U.K.’s new Webull Savings offering. This is a useful feature for Britons looking for competitive interest rates on cash savings they don’t want invested in the stock market. You can see the top interest rates for both easy access and notice accounts, even if you don’t plan on using the Webull cash savings feature yourself.
Trading platforms
In my testing of the website platform, I found it to be fairly comprehensive when I clicked on the markets tab. You can see an overview of markets in the U.S., Hong Kong, and China, including the top gainers and losers on different indices and the most active stocks. You can also see upcoming IPOs across the rest of the year, as well as a calendar featuring earnings and dividend payment dates.
Elizabeth's take:
"I did not find it easy to search for a particular stock on Webull's site. I also could not find a way to edit or compare charts. The lack of these features made my experience feel quite restrictive."
For those looking to trade on a computer, you might be better off with Webull’s desktop trading platform, which is free to download. Before using it, you will have to set up a trading password separate from your account password for added security.
The Webull trading platform is clearly aimed at investors who already have a decent amount of trading experience, although you can open a demo account to practise trading before you commit real money.
Through the desktop trading platform, you can set up a limit order or buy at market price. You can also search stocks easily and can add up to four charts on your platform home screen to compare different companies and indices.
| Feature |
Webull
|
|---|---|
| Web Platform | Yes |
| iPhone App | Yes |
| Android App | Yes |
| Stock Alerts | Yes |
| Charting - Indicators / Studies | 12 |
| Charting - Drawing Tools | 17 |
| Charting - Notes | Yes |
| Charting - Display Corporate Events | Yes |
| Charting - Stock Overlays | Yes |
| Charting - Index Overlays | No |
Education
There are quite a lot of educational guides on the Webull website. However, these have mostly been lifted from the U.S. website and are not always relevant to the U.K. market. For example, there is an article about what an ETF is and why invest in them despite the fact that the U.K. Webull platform currently does not offer ETFs.
Inside the Webull desktop trading platform there is a learning centre where you can learn how the platform works. Lessons include how to add widgets, get a stock quote, trade, and how to customise the platform.
The research material for stocks is also very good on the desktop trading platform. You can see analyst ratings, key financial data relating to a company such as earnings per share (and the ability to compare it to other companies), and upcoming earnings releases.
| Feature |
Webull
|
|---|---|
| Education (Share Trading) | Yes |
| Education (Funds) | Yes |
| Education (Retirement) | No |
| Client Webinars | No |
| Client Webinars (Archived) | No |
Are you new to investing?
We thoroughly tested 17 top U.K. brokerages to find the best choices for beginner investors. Read more in our guide.
Final Thoughts
Webull has only been up and running in the U.K. for about a year. Currently, there are limitations to its offering as it only offers U.S. stocks. I can’t see why you would open an account with Webull over, say, eToro or Trading 212 – two other low-cost investing platforms with a wider range of available products.
That said, Webull has a good app and desktop platform, low fees, and is diversifying into the cash savings market. When I asked Webull about its plans for the U.K., the company said it intends to roll out “new products and markets to its clients in the U.K. to broaden the range of opportunities available.” They did not specify what these would be and when they would launch. I await to see what Webull U.K. will offer next.
Webull Star Ratings
| Feature |
Webull
|
|---|---|
| Overall Rating |
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| Charges & Fees |
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| Investment Choices |
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| Mobile App |
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| Website |
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| Ease of Use |
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| Education |
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Our testing
Why you should trust us
Elizabeth Anderson has been a financial journalist for more than a decade. She’s written for major national newspapers, contributed to corporate reports and research, and reviewed dozens of share dealing platforms, SIPP providers, ISAs, and brokerage firms. Elizabeth started her career at Bloomberg and has worked for the BBC, The Telegraph, The Times and the i newspaper. She is passionate about helping people understand finance and investing. A keen investor herself, Elizabeth invests through general dealing accounts, ISAs and several SIPPs.
All content on UK.StockBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the U.K. brokerage industry.
Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Click here to learn more about how we test.
How we tested
At UK.StockBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research and collect hundreds of data points while testing brokerage firms, share dealing platforms, SIPP providers, ISA providers, and other financial service providers relevant to U.K. investors.
Mobile testing is conducted on modern devices that run the most up-to-date operating systems available:
- For Apple, we use MacBook Pro laptops running the latest version of and the iPhone 15 running the latest version of iOS.
- For Android, we use the Samsung Galaxy S23 Ultra devices running Android OS 14.
All websites and web-based platforms are tested using the latest version of the Google Chrome browser.
Our researchers thoroughly test a wide range of key features, such as the availability and quality of trading platforms for web, desktop, and mobile, charting, real-time and streaming quotes, and educational resources – among other important variables. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms.
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About Webull
Webull is a U.S. trading platform that launched in the U.K. in July 2023. It has grown quickly since originally launching in the U.S. back in 2018. Webull's trading platform is currently available in the U.S., U.K., Hong Kong, Singapore, Australia, South Africa, and Japan.
About the Editorial Team
Elizabeth Anderson, lead writer and researcher, has been a financial journalist for more than a decade. In addition to her work with UK.StockBrokers.com, she has written extensively for major publications including BBC, The Times and Bloomberg. A keen investor herself, she is passionate about helping people understand finance and investing.
Jeff Anberg is a Senior Editor at UK.StockBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.
Steven Hatzakis is the Global Director of Online Broker Research for UK.StockBrokers.com and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Steven is an active fintech and crypto industry researcher and advises blockchain companies at the board level. Over the past 20 years, Steven has held numerous positions within the international forex markets, from writing to consulting to serving as a registered commodity futures representative.
Joey Shadeck is a Content Strategist and Research Analyst for UK.StockBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.