Webull vs Interactive Brokers
Interactive Brokers comes out ahead of Webull on 2 of the 6 things that decide this, going by what each company publishes and what independent review sites report. The one that matters for you may be one the leader loses.
The verdict
Interactive Brokers takes it, 2–1 on rounds.
On the published figures and the independent review sites, Interactive Brokers takes 2 of 6 rounds. Treat that as a starting point and check the current figures on both pages, because prices and plans move.
Choose Webull if…
- • You want Webull's edge on what an options contract costs
Choose Interactive Brokers if…
- • You want Interactive Brokers's edge on what stockbrokers.com scored it and what customers say on trustpilot
Round by round
- Round 1What an options contract costsWebull winsInteractive Brokers5/10
65 cents
per options contract
- 65 cents, against 0 cents
Source: stockbrokers.com ↗
Webull wins this round on independent review-site data, not on its own claims.
- Round 2What StockBrokers.com scored itInteractive Brokers winsWebull5/10
3.5 out of 5 stars
StockBrokers.com rating
- 3.5 out of 5 stars, against 5 out of 5 stars
Source: stockbrokers.com ↗
Interactive Brokers wins this round on independent review-site data, not on its own claims.
- Round 3What customers say on TrustpilotInteractive Brokers winsWebull5/10
1.2 out of 5
TrustScore from 425 reviews on Trustpilot
- 1.2 out of 5, against 3.1 out of 5
Source: trustpilot.com ↗
Interactive Brokers8/103.1 out of 5
TrustScore from 5,511 reviews on Trustpilot
Source: trustpilot.com ↗
Interactive Brokers wins this round on independent review-site data, not on its own claims.
- Round 4What borrowing on margin costsTieWebull7/10
5.00%
Webull Premium; $50,000 falls in the 25K < X ≤ 100K tier
- Webull Premium margin rate on a 50,000 dollar balance
Source: webull.com ↗
Interactive Brokers7/105.380% (BM + 1.5%) for USD 0–100,000; 4.880% for 100,000–1,000,000
IBKR Pro USD margin rate (tiered)
- IBKR Pro margin rate; tiered, so the same rate applies at 50,000 and 100,000 dollars
Source: investingintheweb.com ↗
Nothing to separate them here.
- Round 5What a stock trade costsTie
Nothing to separate them here.
- Round 6What it takes to open an accountTie
Nothing to separate them here.
Side by side
- Webull Premium margin rate on a 50,000 dollar balance
- no per-contract fee
- IBKR Pro margin rate; tiered, so the same rate applies at 50,000 and 100,000 dollars
- per options contract
- 3.5 out of 5 stars, against 5 out of 5 stars
- 1.2 out of 5, against 1.5 out of 5
- 1.2 out of 5, against 3.9 out of 5
- 425 reviews, against 14,081 reviews
- 65 cents, against 0 cents
- 3.1 out of 5, against 3.9 out of 5
- 5,511 reviews, against 14,081 reviews