Yes, you can trade with Webull in Canada as they launched their equity brokerage operation in Canada, through its subsidiary Webull Securities (Canada) Limited in January 2024.
Clients will be able to utilise execution-only Canadian-based investing platform to trade US and Canadian equities and will have access to real-time quotes and in-depth market data, alongside a charting package, that comes equipped with more than 60 indicators, and a suite of educational tools.
GWhen Webull launched in Cadada Group President, Anthony Denier, said:
“Webull sees a huge opportunity to disrupt a traditionally expensive brokerage system in Canada. Since inception, we have been providing powerful market data tools across the world. We look forward to expanding to another market and providing greater and easier access to trading for all.”
His colleague, Michael Constantino, the CEO of Webull Securities (Canada) Limited, said:
“Webull’s state-of-the-art app, driven by world-class technology, offers market data, tools, analytics, and education for free and brings a low-cost trading solution right to your fingertips.”
Who are Webull?
Webull launched its trading platform in the US back in 2018 as an SEC-registered broker-dealer and member of FINRA.
The firm is headquartered in New York and has operations in London, South Africa, Hong Kong, Singapore Japan, Australia and Indonesia.
Webull , which specialises in low-cost execution and trading, also recently launched in Mexico through the acquisition of a local rival Flink, which was founded in 2017 and will now integrate its technology into the Webull trading platform.
Flink had previously raised $57.0 million in a series B funding round, that was led by VC firm Lightspeed Venture Partners, and had acquired Mexican stock broker, Vifaru Casa de Bolsa.
Mexico has a population of 126 million people, the vast majority of whom are under the age of 64 which is exactly the kind of target market that the Webull platform is aimed at.
Covering North America from top to bottom looks to be a shrewd move by Webull it will be interesting to see how quickly they can offer additional services to clients across the continent.
Webull Review
Name: Webull
Description: Webull is a commission-free trading platform offering U.S. and international investors access to stocks, ETFs, options, and crypto. Known for its advanced trading tools, it provides real-time data, technical analysis, and extended trading hours. The platform targets both active traders and beginners with mobile-friendly, customizable dashboards and learning resources.
Is Webull any good for trading and investing?
Webull has some pretty good trading tools and lets you invest with zero commission fees. In particular it offers free access to extended-hours trading, Level 2 market data (with subscription), and detailed charts with over 50 indicators.
Webull is especially suited to active traders seeking real-time performance optimization. It also integrates crypto trading, expanding portfolio diversification. However, its customer support and access to research reports could be more robust.
We rate Webull as a safe-to-use investing platform as they are regulated in the UK by the FCA, in the US by the SEC & FINRA and also in Canada by the CIPR & CIPF.
Pros
- Commission-free trading
- Advanced charting tools
- Mobile-friendly design
Cons
- Limited customer support
- Research options lacking
- No mutual funds
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Pricing
(4.5)
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Market Access
(4.5)
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App & Platform
(4.5)
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Customer Service
(4.5)
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Research & Analysis
(4.5)
Overall
4.5
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
You can contact Richard at richard@goodmoneyguide.com
