Fee Schedule

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Brokerage
Global Account

US Stocks/ETFs

ItemsChargesCharged by
Commission

US$ 0 for the First 6 Months

US$ 0.0025 X Total Trade Amount

Webull
Regulatory Transaction Fee (Sell Trades Only)US$ 0.0000278 X Total Trade Amount(Min. US$ 0.01)US Securities and Exchange Commission (SEC)
Trading Activity Fee (Sell Trades Only)US$ 0.000166 X Total Trade Volume (Min. US$ 0.01, Max. US$ 8.30 per Trade)US Financial Industry Regulatory Authority (FINRA)

*Zero commission for a limited time

US Options

ItemsChargesCharged by
CommissionUS$0.50X No. of ContractsWebull
SEC Fee (Sell Trades Only)​US$0.0000278 X Total Trade Amount (Min. US$0.01)​US Securities and Exchange Commission (SEC)
Trading Activity Fee (Sell Trades Only)US$0.00279 X No. of Contracts (Min. $0.01)US Financial Industry Regulatory Authority (FINRA)
Options Regulatory FeeUS$0.02815 X No. of ContractsOptions Exchanges
Clearing FeeUS$0.02 X No. of Contracts (Max. US$55 per Trade)​Options Clearing Corporation (OCC)

Index Option Fees

Webull passes through proprietary index option fees to clients on a per contract basis. Certain exchanges charge a proprietary index option fee on select index options that only trade on their exchange. Please see the rates below.

TickerDescriptionTier ScheduleExchange Proprietary Fee
SPXS&P 500<US$1US$0.57
S&P 500>=US$1US$0.66
SPXWS&P 500<US$1US$0.49
S&P 500>=US$1US$0.58
VIX and VIXW (Simple Order)CBOE Market Volatility Index<=US$0.10US$0.10
CBOE Market Volatility IndexUS$0.11-US$0.99US$0.25
CBOE Market Volatility IndexUS$1-US$1.99US$0.40
CBOE Market Volatility IndexUS$2+US$0.45
VIX and VIXW (Complex Order)CBOE Market Volatility Index<=US$0.10US$0.05
CBOE Market Volatility IndexUS$0.11-US$0.99US$0.17
CBOE Market Volatility IndexUS$1-US$1.99US$0.30
CBOE Market Volatility IndexUS$2+US$0.45
XSPMini-SPX Index<10 contracts>=10 contractsUS$0.00/US$0.04
DJXDow Jones Industrial Average Index--US$0.18
NDXNASDAQ-100 Index----
NDXPNASDAQ-100 Index----

Potential Fees for trading OTC securities

ItemsFee
Low-Priced Securities (for transactions in excess of 100,000 shares priced under US$1.00/ share)US$0.0002 per share (maximum 5% charge of principal value)
F-stocks (foreign settlement)

Buys: US$5.00 per trade

Sells: US$0.05 per trade

Illiquidity Charge

Additional fees and interest may be charged for trading activity that triggers an NSCC illiquidity charge, as determined by the NSCC.

Minimum Overnight Interest Rate: 15%

Fee: US$250

ADRs

ItemsChargesCharged by
American Depositary Receipt (ADR) Custody FeeUS$ 0.01 – 0.03 per ShareUS Depository Trust Company (DTC)

Deposit / Withdrawal

ItemsChargesCharged by
Bank Transfer (ACH) DepositUS$ 0Webull
Bank Transfer (ACH) WithdrawalUS$ 0Webull
Wire Deposit (US Bank Account) US$ 8Partner bank of Webull
Wire Withdrawal (US Bank Account)US$ 25Partner bank of Webull
International Wire DepositUS$ 12.50Partner bank of Webull
International Wire WithdrawalUS$ 45Partner bank of Webull

Foreign Exchange

ItemsChargesCharged by
FX Transfer Fee

Spread of 1.50%

IOF tax of 0.38%

Facilita Pay: exchange partner of Webull

Minimum withdrawal of $1 USD.

Stock Transfer fee

ItemsChargesCharged by
Stock Transfer feeUS$0Webull Financial LLC
Please contact the contra Broker for details.Contra Broker
Transfer from WebullUS$75 per Outgoing Stock TransferWebull Financial LLC
Please contact the contra Broker for details.Contra Broker

Tiered Margin Interest Rates

Annual Margin Rate

Webull provides up to 4x day-trade buying power and 2x overnight buying power with a margin account. You must have at least $2,000 to qualify.

Interest on margin trading is calculated on a daily basis and paid on a monthly basis. The margin rate is variable and is determined by the size of the margin loan.

The margin rate is set at our discretion and is subject to change without notice.

Debit BalanceAnnual Margin Rate
$0-25,000.009.74%
$25,000.01-100,000.009.24%
$100,000.01-250,000.008.74%
$250,000.01-500,000.008.24%
$500,000.01-1,000,000.007.24%
$1,000,000.01-3,000,000.006.74%
>$3,000,000.005.74%

Short Selling Fees

For a short position, you need to borrow shares of a company before you sell them. The cost associated with a short sale is the fee for borrowing the stocks of said company. The stock loan rate changes on a daily basis based on market condition. Just as interest on margin trading, it is calculated on a daily basis and charged daily.

The formula is:

Daily Margin Interest (Short Position) = The Daily Market Value of the Borrowed Stocks when Market Closes* Stock Loan Rate for That Stock/360.

Others

ItemsChargesCharged by
Paper Confirm FeeUS$ 2 per confirmWebull
Paper Statements FeeUS$ 5 per statementWebull
Paper Prospectus FeeUS$ 2.5 per mailWebull

Note: Per regulatory requirements, we must provide statements and confirms to clients. Normally this is sent electronically to the email address provided by clients in their account opening application. However, if the email address fails to receive the email, we are required to send paper statements, confirms, and prospectus to the mailing address on file. This will incur the above paper material delivery fees, charged by OMNI Webull, our clearing firm.

*Promotional offer valid for new customers only. After the promotional offer has concluded you will be subject to the standard commission rate of US$ 0.0025 X Total Trade Amount.

Disclaimer:

Above fees include GST.

Webull reserves the right to change the fees contained in our fee schedule at our own discretion without prior notice.

For any international wires, the handling fee is charged by the originating bank and will be deducted from the client’s money facility. Additional bank charges may be incurred by any intermediary or recipient banks.

Updated on 22nd May, 2024