WeBull vs Axos Invest Comparison: Fees, Features, and More (2026)

WeBull and Axos Invest 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: WeBull vs Axos Invest (2026)
Feature WeBull Axos Invest
Website https://www.webull.com/ https://www.axos.com/invest
Broker Type Discount Discount
Trading: Stock & ETF? Yes Yes
ETF & Stock commission $0 commission; regulatory fees may apply $0 per trade (other fees may apply)
Fractional Shares? Yes; eligible U.S. stocks and ETFs No
Percent Allocations? Yes; Portfolio Blueprint No (self-directed)
Crypto Trading? Yes No
Crypto Fees 1% spread (stablecoins exempt) N/A
Options Trading? Yes Yes (subject to approval)
Options Fee $0; $0.50/contract for certain index options $1.00 per contract ($0.80 with Axos Elite, $10/mo)
Bond Trading Available? Yes; U.S. Treasury and corporate bonds No
Receives payment for order flow (PFOF)? Yes Yes (receives PFOF rebates)
Interface: Web trading? Yes Yes
Desktop trading? Yes; Webull Desktop No
API Trading? Yes; Webull Open API No
Mutual Funds: Offered? Yes Yes
Total Mutual Funds Not publicly stated; availability varies 10,000+
NTF Mutual Funds None stated; money-market funds exempt 10,000+ (no-load)
Non-NTF Fund Fee Lesser of 3% or $14.95 $0 (no-load)
Early Redemption Fee? Yes; no short-term redemption-fee funds currently Yes (no broker short-term fee listed)
Redemption Hold (Days) None currently None listed by broker (fund-specific possible)
Early Redemption Fee None from Webull; fund-specific terms may apply $0 (no broker fee listed)
Accounts: Margin Accounts? Yes Yes (self-directed; approval required, $2,000 min equity)
IRAs Offered? Yes; Traditional, Roth, and Rollover Yes (Traditional, Roth, Rollover; SEP not listed)
HSAs Offered? No No
Money Market Sweep? Yes; Webull Cash Management FDIC bank sweep Yes (Axos Clearing Insured Deposit Program)
CDs Offered? No No
Robo-Advisor: Offered Yes Yes
Robo-Advisor Service Webull Advisors Axos Managed Portfolios
Robo-Advisor Fees 0.15%-0.30% annually (0.20% diversified example) Model fee 0.20–0.59% AUM (varies by model/AUM); $40 min annual if model fee <$10/qtr; +0.20% optional TLH ($25k+)
Basics: Headquarters St. Petersburg, FL Las Vegas, NV
Year Founded 2017 2009 (as WiseBanyan); rebranded 2019
Clearing Firm Apex Clearing Corporation Axos Clearing LLC
Local Branches? No; corporate offices only No
New Account Minimum $0 $0 (Self-Directed); $50 IRA; $500 Managed Portfolios

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