Webull
Firstrade
VS
Higher Rated
Webull
Capital at risk · T&Cs apply
Choosing between Webull and Firstrade depends on your trading style, preferred markets, and budget. Webull is headquartered in New York, USA. Firstrade has the longer track record, established in 1985, compared to Webull which was founded in 2017. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Webull
Firstrade
| Webull | Firstrade | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:4 ✓ | 1:2 |
| Regulation | SEC, FCA | SEC, CFTC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Webull is the better choice overall, scoring 3.6/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Webull offers lower spreads (0 pips).
See full side-by-side comparison belowWebull
WinnerFirstrade
Webull
Firstrade
Webull holds licences from SEC, FCA. Firstrade is regulated by SEC, CFTC.
Both brokers offer access to Stocks, Indices markets. Webull additionally covers Crypto, Forex.
Webull supports Proprietary Web, Proprietary Mobile. Firstrade offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Webull requires no minimum deposit, while Firstrade sets no minimum deposit. This makes Webull accessible to traders with any budget.
BrokerRank scores Webull at 3.58/5 and Firstrade at 3.41/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Webull leads overall with a clear advantage.
Webull
3.6/5
Choose Webull if you want…
Firstrade
3.4/5
Choose Firstrade if you want…
Webull scores higher overall on our independent rating system. Webull holds a 3.6/5 rating vs Firstrade's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Webull offers spreads from 0 pips, while Firstrade starts at 0 pips. Check the fees section above for a full breakdown.
Webull requires a minimum deposit of $0. Firstrade requires $0.
Webull is regulated by SEC, FCA, while Firstrade holds licences from SEC, CFTC.
Webull supports Proprietary Web, Proprietary Mobile. Firstrade supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.