E*Trade vs WeBull Comparison: Fees, Features, and More (2026)

E*Trade and WeBull are two leading discount brokerages offering commission-free stock and ETF trading. Use this head-to-head comparison table to evaluate fees, features, trading tools, and account options to help you decide which broker is right for you in 2026.

Head-to-Head Comparison: E*Trade vs WeBull (2026)
Feature E*Trade WeBull
Website https://us.etrade.com/home https://www.webull.com/
Broker Type Online self-directed brokerage (Morgan Stanley; full-service advisors available) Discount
Trading: Stock & ETF? Yes Yes
ETF & Stock commission $0 online US-listed stocks/ETFs (OTC $6.95; other fees may apply) $0 commission; regulatory fees may apply
Fractional Shares? Yes, select listed stocks/ETFs (up to 3 decimals, $5 min notional; expanding) Yes; eligible U.S. stocks and ETFs
Percent Allocations? No (Prebuilt templates with suggested allocations; Core Portfolios managed) Yes; Portfolio Blueprint
Crypto Trading? Yes; BTC, ETH, SOL via linked zerohash account for US individual brokerage clients. Yes
Crypto Fees 0.50% of notional value (no spread/markup); charged by zerohash (E*TRADE receives a portion). 1% spread (stablecoins exempt)
Options Trading? Yes Yes
Options Fee $0.65/contract ($0.50 with 30+ trades/quarter) plus regulatory/exchange fees. $0; $0.50/contract for certain index options
Bond Trading Available? Yes; 50,000+ bonds/CDs from many issuers. Yes; U.S. Treasury and corporate bonds
Receives payment for order flow (PFOF)? Yes (receives PFOF on NMS stocks, ETFs, and options). Yes
Interface: Web trading? Yes; E*TRADE web/app and Power E*TRADE web/app/desktop. Yes
Desktop trading? Yes, Power E*TRADE Pro (Windows/Mac download) Yes; Webull Desktop
API Trading? Yes (Developer Platform REST API; unattended algo orders prohibited) Yes; Webull Open API
Mutual Funds: Offered? Yes Yes
Total Mutual Funds 5,000+ (6,000+ NTF listed on pricing) Not publicly stated; availability varies
NTF Mutual Funds 6,000+ None stated; money-market funds exempt
Non-NTF Fund Fee $0 online (no-load NTF); loads per prospectus Lesser of 3% or $14.95
Early Redemption Fee? Yes (no E*TRADE fee; fund fees may apply) Yes; no short-term redemption-fee funds currently
Redemption Hold (Days) None (0 days); E*TRADE charges no short-term redemption fee (fund prospectus fees may apply) None currently
Early Redemption Fee $0 from E*TRADE; fund prospectus redemption fees may apply None from Webull; fund-specific terms may apply
Accounts: Margin Accounts? Yes Yes
IRAs Offered? Yes (Traditional, Roth, SEP, SIMPLE, others) Yes; Traditional, Roth, and Rollover
HSAs Offered? No No
Money Market Sweep? Yes (Bank Deposit Program / BDP) Yes; Webull Cash Management FDIC bank sweep
CDs Offered? Yes No
Robo-Advisor: Offered Yes Yes
Robo-Advisor Service Core Portfolios Webull Advisors
Robo-Advisor Fees 0.30% annual advisory fee ($500 min.) 0.15%-0.30% annually (0.20% diversified example)
Basics: Headquarters Arlington, VA St. Petersburg, FL
Year Founded 1982 2017
Clearing Firm Morgan Stanley Smith Barney LLC Apex Clearing Corporation
Local Branches? No No; corporate offices only
New Account Minimum $0 $0

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