Robinhood vs Webull
Updated November 2026 · AppBreakup editorial
Robinhood
US investing app for commission-free stocks, ETFs, options and crypto.
Webull
Commission-free brokerage app with advanced charting, extended hours and paper trading.
The short answer
Pick Robinhood if you want a simple US app for stocks, options, futures and crypto, with an optional Gold subscription for a higher cash rate and an IRA match. Pick Webull if you want pro-style charts, Level 2 quotes, a screener, paper trading and a native desktop app. Both are commission-free; the main difference is simplicity versus analysis depth.
Robinhood or Webull: our take
Robinhood and Webull are both US brokerages that charge no commissions on stock and ETF trades and earn partly from payment for order flow. Robinhood's focus is a clean app where one account covers stocks and ETFs (fractional shares from $1), options, futures, crypto and prediction markets. Webull targets self-directed traders who want more tooling: detailed charts with drawing tools and indicators, Level 2 quotes, a stock screener, extended-hours trading and a paper-trading mode to test strategies without real money.
The paid tiers work differently. Robinhood Gold costs $5/month and adds a higher rate on uninvested cash, a 3% IRA contribution match, bigger instant deposits and research data. Webull's extras come from paid data subscriptions and a Premium tier, and some fees apply even though trading is commission-free, such as $0.50 per contract on certain index options and $75 per outgoing stock transfer. Incoming transfers to Webull are free.
On platforms, Robinhood runs on iOS, Android and the web, with Robinhood Legend as a browser-based desktop platform for active traders. Webull offers mobile, web and native Windows and Mac apps, plus an API for developers. For accounts, Webull lists cash and margin accounts and Traditional, Roth and Rollover IRAs; Robinhood offers IRAs, a managed-portfolio service and a cash card, but has fewer account types than full-service brokers. Both brokerages are SIPC members, and Robinhood notes crypto holdings are not SIPC or FDIC protected.
Choose Robinhood if you are new to investing or want stocks and crypto in one uncluttered app, and value the Gold cash rate and IRA match. Choose Webull if you trade actively, want to practise with paper trading, or need deeper charts and a desktop app, and do not mind a denser interface.
Which should you pick?
Choose Robinhood if…
- US beginners and active traders who want stocks, options and crypto in one simple app
- No commissions on stock and ETF trades, with fractional shares
- Stocks, options, futures and crypto in one account
Choose Webull if…
- Self-directed US traders who want pro-style charts and extended hours without commissions
- You need Windows and macOS, which Robinhood doesn't list
- No commissions on US-listed stocks, ETFs and options
- Advanced charts, Level 2 quotes and a stock screener
About each app
What is Robinhood?
Robinhood is a US brokerage app that helped make commission-free stock trading the norm. From one account you can buy stocks and ETFs (including fractional shares from $1), trade options and futures, buy and transfer crypto, and use prediction markets. Robinhood Legend is a browser-based desktop platform with more advanced charting for active traders, and there are IRAs, a managed-portfolio service and a cash card. The basic brokerage account is free; Robinhood Gold is a monthly subscription that adds a higher rate on uninvested cash, an IRA contribution match, bigger instant deposits and research data. The company makes money partly from payment for order flow and interest. Stock and fund accounts are SIPC members, while crypto holdings are not SIPC or FDIC protected. It runs on iOS, Android and the web, mainly for US customers.
What is Webull?
Webull is a US brokerage aimed at self-directed investors who want more tools than a basic investing app. It offers commission-free trading of US-listed stocks, ETFs and options, plus crypto, futures, OTC stocks, bonds and money market funds. Its strength is analysis: detailed charts with drawing tools and indicators, Level 2 quotes, a screener, extended-hours trading from early morning to evening, and a paper-trading mode for testing strategies with no money at risk. Cash and margin accounts are available alongside Traditional, Roth and Rollover IRAs. You can trade on mobile, the web or a desktop app, and there is an API for developers. Trading is free of commissions, but regulatory fees and some contract fees apply, and paid data subscriptions and a Premium tier add extras. Webull Financial is a FINRA and SIPC member.
Side by side
| Attribute | Robinhood | Webull |
|---|---|---|
| Pricing | Free plan + paid | Free plan + paid |
| Open source | No | No |
| Self-hostable | No | No |
| Platforms | Web, iOS, Android | Web, Windows, macOS, iOS, Android |
| Best for | US beginners and active traders who want stocks, options and crypto in one simple app | Self-directed US traders who want pro-style charts and extended hours without commissions |
| Status | Active | Active |
Verified facts, compared
Facts both apps publish, checked on each vendor's own site.
| Fact | Robinhood | Webull |
|---|---|---|
| SIPC | Member (brokerage) | Member |
Robinhood vs Webull pricing
Robinhood: free plan + paid
Robinhood pricing pageWebull: free plan + paid
We couldn't verify Webull's plan details on its own site yet, so we don't list them.
Webull pricing pagePlatforms
| Platform | Robinhood | Webull |
|---|---|---|
| Web | ||
| Windows | ||
| macOS | ||
| iOS | ||
| Android |
Robinhood facts
7 of 7 verified- Minimum to start
- $1
- Checked Nov 8, 2026robinhood.com(opens source in a new tab)
- “Get started with as little as $1.”
- Gold subscription
- $5/month
- Checked Nov 8, 2026robinhood.com(opens source in a new tab)
- “Gold for $5/month.”
- IRA match (Gold)
- 3%
- Checked Nov 8, 2026robinhood.com(opens source in a new tab)
- “A 3% match on IRA contributions, applied automatically to your retirement savings.”
- Assets
- Stocks, ETFs, crypto, options, futures
- Checked Nov 8, 2026robinhood.com(opens source in a new tab)
- “Trade All in One Place Manage your portfolio on Robinhood: stocks, ETFs, crypto, options, futures, and prediction markets.”
- SIPC
- Member (brokerage)
- Checked Nov 8, 2026robinhood.com(opens source in a new tab)
- “Brokerage services are offered through Robinhood Financial LLC, (“ RHF ”) a registered broker dealer (member SIPC )”
- Free trial
- 30 days (Gold)
- Checked Nov 8, 2026robinhood.com(opens source in a new tab)
- “Try Gold for free for your first 30 days.”
Webull facts
7 of 7 verified- Commissions
- $0 on US-listed stocks, ETFs and options
- Checked Nov 8, 2026webull.com(opens source in a new tab)
- “does not charge commissions for trading stocks, ETFs and options listed on U.S. exchanges.”
- Retirement accounts
- Traditional, Roth, Rollover IRA
- Checked Nov 8, 2026webull.com(opens source in a new tab)
- “Different brokerage account types Invest in your future with Webull Traditional, Roth, or Rollover IRA.”
- Index option fee
- $0.50 per contract (certain index options)
- Checked Nov 8, 2026webull.com(opens source in a new tab)
- “A $0.50 per contract fee applies for certain index options and a $0.10 per contract fee applies for oversized option orders.”
- Outgoing stock transfer
- $75 per transfer
- Checked Nov 8, 2026webull.com(opens source in a new tab)
- “Apex (Clearing Firm) Contra Broker Transfer from Webull $75 per Outgoing Stock Transfer Please contact the contra Broker for details.”
- Incoming stock transfer
- $0
- Checked Nov 8, 2026webull.com(opens source in a new tab)
- “Transfer to Webull $0.00 Please contact the contra Broker for details.”
- Paper trading
- Yes
- Checked Nov 8, 2026webull.com(opens source in a new tab)
- “What else we offer Paper trading Test trading strategies with real-time quotes without risking a penny.”
Pros and cons of Robinhood
- No commissions on stock and ETF trades, with fractional shares
- Stocks, options, futures and crypto in one account
- Gold adds an IRA match and a higher rate on idle cash
- Limited research and account types compared with full-service brokers
- Crypto holdings are not SIPC or FDIC protected
- The best cash rate and IRA match need the paid Gold subscription
Pros and cons of Webull
- No commissions on US-listed stocks, ETFs and options
- Advanced charts, Level 2 quotes and a stock screener
- Paper trading to practise with real-time quotes
- The dense interface can overwhelm first-time investors
- Some data feeds and index options carry extra fees
- Earns from payment for order flow, like most zero-commission brokers
Other apps to consider
Cash AppInstead of Robinhood
Simpler commission-free stock and bitcoin buying inside an everyday payments and debit card app.
KrakenInstead of Robinhood
Crypto exchange that now also offers US stocks and ETFs, with lower fees for high-volume crypto traders.
CoinbaseInstead of Robinhood
If crypto is the main draw, it lists far more coins and adds staking and advanced crypto trading.
MetaTrader 4Instead of Webull
Broker-agnostic charting and automated trading terminal, mainly for forex and CFD traders.
Fidelity Trader+Instead of Webull
Free pro-style platform with multi-monitor desktop app and strong options tools, if you'd rather hold your account at Fidelity.
Robinhood vs Webull: common questions
Is Robinhood better than Webull?
Pick Robinhood if you want a simple US app for stocks, options, futures and crypto, with an optional Gold subscription for a higher cash rate and an IRA match. Pick Webull if you want pro-style charts, Level 2 quotes, a screener, paper trading and a native desktop app. Both are commission-free; the main difference is simplicity versus analysis depth.
Is Robinhood free?
Robinhood has a free plan, with paid plans for more features. See its verified pricing facts above for current limits.
Is Webull free?
Webull has a free plan, with paid plans for more features. See its verified pricing facts above for current limits.
Is Robinhood or Webull open source?
Neither is open source.
Which platforms do Robinhood and Webull support?
Robinhood: Web, iOS and Android. Webull: Web, Windows, macOS, iOS and Android.