WeBull Review (2023 Update): Everything You Wanted To Know!

By: Brittney

Welcome to my WeBull review. My goal is to help you understand what the program is all about, how much it costs, if it’s a good use of your time, your money, and much more! It should be less than 10 minutes start to finish, so let’s dive in!
This WeBull review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.

The Good Stuff

Minimum deposit
Extended hours trading
Beneficial investment advice

The Bad Stuff

Limited options trading
Scam possibility
Additional fees

Firstly, Why Am I Writing This Review?

Nice to meet you, my name is Brittney!

My story starts  like many do… “slaving away” at a 9-5 job that I didn’t really enjoy, but hey – it paid the bills.

I worked for a large Fortune 500 company that performed background checks for other companies when they wanted to hire a new employee… so you know, not exactly exciting stuff.

For a lot of people, a nice stable job and predictable check coming in every month is the picture of success, but for me, it felt like I was missing out on life.

Clocking in every single day, doing the same tasks over and over again, getting home with barely enough time to make dinner and enjoy some time to myself… only to wake up again the next morning and do it all over again.

I just wanted to enjoy life without being shackled to an unfilling job. 

I wanted to be able to take vacations whenever I wanted, for however long I wanted.

I didn’t want to have to beg my boss for a salary increase that barely matched inflation.

I just wanted to be free and happy.

Then about 4 years ago (as a stroke of luck), I stumbled across a program that taught me how to make money online by actually helping real people (local US businesses).

my concrete site

The image above shows an example. This mini website brings me in around $1,250 every single month, and I haven’t touched it in over 2 years.

That’s $15,000 per year in my pocket without having to really do anything.

Just helping small mom-and-pop shops keep their lights on and grow.

So it makes sense why local lead generation is my top online business for passive income. If you’re curious how that business model works, you can read more here.


Who Cares About That?

99% of reviewers out there don’t have experience running an actual business. They’re writing about stuff that they have no real experience with.

Why would they do that?

They just want you to click through and buy the  program that the review is about!

I have absolutely no relationship with WeBull, so you can rest easy knowing that I’m going to give you my honest opinion.

This review is written based on my own experiences with this business model.

All that being said, let’s jump into things.

Webull Account

You can trade stocks, ETF trades, and options on the free brokerage platform Webull.

Webull is a commission-free trading platform. You read that correctly.

There are some additional fees, though, which I shall discuss shortly.

Webull, a brand-new broker in the market since its founding in 2017, launched with several incredible characteristics.

Chinese business Fumi Technology runs Webull, but it also welcomes users from the US, China, and India.

Webull was established in 2017 and currently manages over $3 billion!

Webull, one of the top trading platforms, should you use it? We’ll see.

Webull will be examined in this review to determine whether it is, in fact, the best trading platform available.

You’ll find out if Free Stocks Trading is your best online business.

I will respond to the most frequently asked questions about Webull and stock trading at the end.

In addition, you’ll see the identical method that many others have employed to grow their internet marketing businesses to generate over $40,000 per month in primarily passive income.

They swore off stock trading forever after discovering this approach because it uses some of the same abilities but in a much more effective and profitable manner!

You probably discovered WeBull for the same reason you might have come across any other financial newsletter, stock trading service, or investment program:

Because you want more money in less time.

And chances are, you want to quickly multiply the money you do have (as opposed to waiting months or even years to see a decent ROI).

This is a really excitingan inspiring promise, and it’s probably why the financial publishing and training industry is worth billions of dollars.

The problem is, because the idea of doubling, tripling, or 10X-ing your money in a few minutes to a few days is so enticing, there are a ton of shady characters in this space.

But, putting that aside, let’s say every investing guru and “trading expert” on the internet had the best of intentions.

Even with proprietary algorithms, a room full of supercomputers, and a team of rocket scientists, most of these experts would be lucky to get it right 20% of the time.

We’re talking about asymmetric bets here, so theoretically, the winners should more than make up for the losers.

But to make that happen, you can NEVER miss a trade. With a 20% success rate (speaking optimistically), one forgotten winner could turn a profitable month into a loser.

That’s a lot of pressure and a lot of stress (not to mention a lot of losing) with not much certainty.

But what if there was a way you could build a passive income stream that’s actually passive?

An income stream that doesn’t require:

  • Constantly monitoring your phone for buy/sell alerts.
  • Obsessively watching charts and movement.
  • The emotional roller coaster and angst of hoping one winner can cover the last 8 losses.
  • Gambler’s odds (20% chance of success is worse than the odds of winning at Blackjack)

An income stream that brings in consistent revenues every single month (from a couple of thousand dollars to well over $10,000)?

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day monitoring charts, trades, and alerts?


If that sounds like something you’d be interested in, check out Digital Real Estate. 

However, if you’d still like to know more about WeBull, keep reading.

What Is Webull? A Webull Review

Webull Review

Webull is an app for commission-free stock and ETF trading. The Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority oversee it (FINRA).

On Webull, there is also margin trading and short selling. The trading platform offered by Webull might also be advantageous to beginner traders.

Webull is a popular Robinhood alternative.

Who’s Webull For?

Inexperienced Investors

Aiming at intermediate and experienced self-directed investors and traders, Webull and the Webull app. It has a commission-free structure for short-term and active traders who want to save money on commissions compared to other online brokers.

Webull’s platform advances for beginning traders due to its user-friendly features and layout, but it can still learn.

WeBull offers fractional shares to its customers, allowing even the most minor accounts to participate in the most expensive stocks.

Webull offers a list of trading courses and a trading simulator or demo trading account with real-time data and advanced charting capabilities for stocks listed in the United States.

These features may appeal to new traders who want to learn more about the market and develop a trading stocks strategy.

Webull Customer Experience & Tools


Both expert and intermediate traders can use the desktop app and mobile web versions of the Webull trading platform. The platform’s features give you knowledge and insights to enable you to make more profitable trades.

You can use the platform’s capabilities for both fundamental and technical analysis.

Aside from access to analyst recommendations and revenue and historical earnings per share data, the platform also provide critical statistics and insider trades along with stock information.

Stock information like earnings, dividends, stock splits, and news updates keeps you informed about events that could impact your investments.

On the technical side, the app offers a real-time bar, candlestick, and line charts with time frames ranging from 1 minute to 60 minutes, as well as a set of historical data dating back five years. Popular indicators such as Bollinger Bands, MACD, oscillators, and others are additional technical resources.

Sign up for Webull and receive a free 3-month subscription to Webull’s Level 2 Advance (Nasdaq Total View service) for a more in-depth view of markets and orders, including opening, closing, IPO, and halt crosses. The NOII is one of the benefits. It increases market transparency by revealing the actual supply and demand dynamics.

Webull’s Research Offerings

Research offerings

The best results intend for Webull’s research in terms of usability, filtering power, and total informational worth. Research is available on four separate sites on the mobile app: markets, news, a page for each stock, and a page for screeners.

You may select which stocks to track and which technical parameters to watch and create smart al for on the screener’s website.

The feature includes an economic calendar with upcoming IPO dates, earnings, and other news about the stocks you’re following. You can create your own lists on the app and receive alerts via email or SMS.

Webull can track Canadian stocks, ETFs, and options. Also, cryptocurrencies, futures, commodities, and indices are in addition to US stocks. The app allows you to track stocks invest in over 90 countries/regions, with over 25,000 stores

You can also track 100,000 funds, 1,000 currency pairs, and 3,000 commodities.

Webull offers trading ideas and courses, such as day trading classes for beginners. The trading simulator, a demo account you can use to try out the platform and simulate trading ideas, is one of the platform’s best features.

Webull’s Commissions And Fees

Commission and fees

Webull, like its top competitors, doesn’t charge a commission for opening or maintaining an account or trading US stocks. SEC and FINRA fees do apply.

  • SEC fees. Only for stock sales, a $13 fee for a minimum of $0.01 and a maximum of $1,000,000 in the capital.
  • FINRA charges. A TAF of $0.000119 per share, with a minimum of $0.01 and a maximum of $5.95, on stock sales only.

You need to have at least $2,000 in your account to trade on margin accounts.

Webull has free stocks promotion in which you and someone you refer to Webull can each receive one share of stock worth up to $1,000. It could quickly add up if you have many friends who like to invest and are new to Webull.

Webull’s Security


The parent company of Webull, Webull Financial LLC, belongs to the Securities Investor Protection Corporation (SIPC). Webull covers the securities of its members for up to $5000 in insurance, including $250,000 for cash claims. Similar to a bank account in specific ways.

In short, the company’s clearing corporation Apex Clearing Corp. has also bought a different insurance policy. The policy covers cash and securities up to a combined $150 million. A customer may have $37.5 million in guarantees, $900,000 of which may be in currency.

SIPC protection and Apex Clearing Corp.’s additional insurance policy do not protect Webull members from a loss in the market value of their securities.

Tradable Asset Classes, Investment Strategy, And Mutual Funds

Offer Mutual Funds

In the US, Webull now provides trading on more than 5,000 US stocks and ETFs. Now, the broker is relatively restricted because it does not support stock options, over-the-counter equities, mutual funds, bonds, or cryptocurrency trading.

Another significant element is the ability to leverage short sales up to four times the amount in the account for same-day trades and two times the amount for overnight works. Remember that your net account balance is $2,000 when using a margin.

Suppose your balance falls below that amount and you have open positions. The broker may liquidate your position to cover the margin shortfall in that case.

You have access to unlimited day trades if you have a balance of $25,000 or more in equity. Only settled funds can fund day trading in a cash account. For example, if you only have $500 in a cash account, you can only day trade in that account up to that amount.

Is WeBull A Scam?

Is It A Scam

So, is WeBull a scam? Not technically. You can make money with it, but it’s definitely not as easy as Fumi Technology makes it sound.

Again, with any kind of financial product (especially trading), you’re taking on a lot of risk.

Sure, you could hit it big and retire in Italy, but chances are you need the stomach and financial cushion to weather tons of losses before you get there…and it may never happen.

Most of the big gains numbers these companies use in their marketing (“xyz grew by 4,112% in 3 months” or “this option made 324% in just 2 days”) are cherry-picked.

They don’t tell you about the 10 100% losers that came before.

In other words, if you invested $100 into 11 recommendations, you’d lose $1,000, and make back $324…so you’d still be out almost $700.

Most people don’t have the fortitude to stick it out through 3 straight months of losers in the hopes of landing one big winner.

What if, instead, you took those same 3 months, invested just a couple of hours a day (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Real Estate

It’s a true lifestyle business.

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece


They can travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.

Are There Alternatives To WeBull?

are there alternatives

Yes, there are plenty of other business models to choose from if you want to pursue making money online.  Here are just a few:

What Is My Top Recommendation In Making Money Online In 2023?

Digital Real Estate

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business,” the research IS conclusive:

Digital Real Estate is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.


1. It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full-time? You can do this. Yes, the more time you put in, the faster you see results. But even with a bit of time each day, you can move the needle in a Digital Real Estate business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.


2. You Own & Control EVERYTHING: With anything in the financial markets, you own and control NOTHING. You have no say in price fluctuations, demand, or what the market will do.

Trying to beat the market is fighting against the tide. There’s just too much working against you, no matter how many supercomputers or rocket scientists are on your side.

With Digital Real Estate, you own the assets, which means you have all the power and all the control.


3. Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.


Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.


1. Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple of keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your revenue, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with any kind of trading or investing, you’d have to double your initial capital OR double the average order size of your existing trades. And, guaranteed, that’s a lot harder than a few clicks and a few minutes of your life.


2. Make Money Helping Real People: This part is what makes it all worth it. In the financial markets, you might be helping your family, but the impact never goes beyond you and maybe a few others.

But with Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not against, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.


Now, the choice is yours. You could continue browsing, looking at opportunities like WeB,ull which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a rea—at. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.

Table of Contents

Brittney Here!

I get to travel the world and live life without financial worry thanks to the system below!