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Webull Corporation is a electronic trading platform owned by Hunan Fumi Information Technology, a Chinese holding company. [7] The platform offers low-cost trading of stocks , exchange traded funds (ETFs), options , margins , fixed income , and futures , with no platform fees. [ 8 ]
Webull moved its crypto trading to a separate app called Webull Pay and offers trading in basic coins. Cost: Commission-free, but spread markup of 1 percent (100 basis points)
Active traders using the Pro platform will pay $1 minimum commission (or a half-cent per share above 200 shares), while users in the Lite tier won’t pay commission on stocks or ETFs.
-Webull no longer offers cryptocurrencies. In July of this year it spun-off its cryptocurrency trading into a separate platform called Webull Pay, which is outside of the Webull Corporation group. If you go to webullpay.com you will see this. So the statements that Webull Corporation offers cryptocurrency trading is no longer accurate.-Webull's ...
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The company's revenue comes from transaction-based revenues (including payment for order flow and markups on cryptocurrency; 50% of Q3 2024 revenues), net interest income (primarily from margin lending, interest earned on customers' cash balances, and credit cards; 43% of Q3 2024 revenues), and subscription fees (7% of Q3 2024 revenues).
r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. It has become notable for its colorful jargon, aggressive trading strategies, stories of extreme gains and losses acquired in the stock market, and for playing a major role in the GameStop short squeeze that caused significant losses for a number of US hedge funds and ...
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related to: webull pay websitewebull.com has been visited by 100K+ users in the past month