What is Webull? Features, Pros & Cons + NVSTly Integration

If you’ve spent any time around stock trading communities, chances are you’ve heard the name Webull pop up more than once. It’s not just another brokerage app—it’s one of the go-to platforms for retail traders across the globe. But what exactly is Webull? Why do so many individual traders prefer it over other platforms? And how does NVSTly take its capabilities even further?
Let’s break it all down
What Is Webull?
Webull is a commission-free trading app that allows users to trade stocks, ETFs, options, and cryptocurrencies from their phones or desktop. Launched in 2017, it quickly gained popularity for its sleek interface, real-time data, and powerful tools—all without the traditional fees associated with many brokerage platforms.
While it’s often compared to Robinhood, Webull caters more to active traders and those who want slightly more advanced tools without the complexity (or costs) of institutional-level platforms.
What Can You Do on Webull?
Webull offers a full suite of features for modern traders:
Commission-free trading for stocks, options, ETFs, and crypto
Extended trading hours (premarket and after-hours)
In-depth charting tools with technical indicators
Fractional shares trading to invest with any dollar amount
Paper trading for practice without real money
Level 2 market data (Nasdaq TotalView, subscription-based)
Custom alerts and watchlists
Community feed for trade ideas and discussions
Whether you’re a beginner trying to learn the ropes or an experienced trader managing multiple positions daily, Webull is designed to give you an edge.
Why Retail Traders Prefer Webull Over Other Brokers
Here are some reasons why Webull has become a fan favorite among retail traders:
✅ Advanced Tools, Simple UI
Unlike many traditional brokers with clunky interfaces, Webull balances powerful tools with a user-friendly design. You get access to real-time quotes, charting with dozens of indicators, and customizable layouts—all wrapped in a clean, modern app.
✅ Free Options Trading
While some platforms charge per contract or per trade for options, Webull offers commission-free options trading, which is a huge win for active options traders.
✅ No Account Minimums
New traders can get started with as little (or as much) money as they want. There are no minimum deposit requirements for standard cash or margin accounts.
✅ Fractional Shares
Webull lets users invest in fractional shares, meaning you don’t need to buy an entire share of high-priced stocks like Amazon or Tesla. You can invest as little as $5 into a stock, making it easier to build a diversified portfolio with any budget.
✅ Paper Trading
Webull gives users a way to test strategies in a simulated environment, which is perfect for learning without risking real money.
✅ Mobile & Desktop Support
Webull’s mobile app is robust, but the desktop version is just as powerful—great for traders who prefer multi-screen setups or deeper analysis.
Webull Pros & Cons
✅ Pros
$0 commissions on stocks, options, ETFs, and crypto
Clean and intuitive interface
Real-time data and news
Built-in paper trading
Fractional shares
Support for extended hours trading
Level 2 market data available
⚠️ Cons
No mutual funds
Webull uses a high spread for crypto trading
Slight learning curve for beginners
How NVSTly Supercharges Your Webull Experience
Webull is powerful on its own—but when integrated with NVSTly, it becomes next-level.
NVSTly is the fastest-growing social trading app, where traders can automatically track, share, and analyze their trades, all in one place. Thanks to deep Webull integration, you can now connect your Webull account to NVSTly in seconds.
🔗 Connect in Seconds with a QR Code
Linking your Webull account is as simple as scanning a QR code inside your NVSTly account settings using the Webull mobile app. That’s it—your trades are now synced automatically.
💼 What You Get with NVSTly + Webull:
Auto-tracked trades — No more manual logging or screenshots
Real-time trade sharing — Followers see your trades as they happen
Performance analytics — Gain insights into your win rate, risk/reward, and more
Automate your trade signals — Save time and help followers catch entries earlier, closer to your price.
Trade history dashboards — View and share detailed stats for your trades, with visual breakdowns
Daily/Weekly/Monthly Recaps — Get beautifully designed trade summaries sent straight to your Discord, or social profiles.
Whether you’re a solo trader or part of a larger trading community, NVSTly makes it ridiculously easy to share your journey, learn from others, and improve your performance—all while staying 100% focused on the markets.
Final Thoughts
Webull has earned its spot as a top-tier brokerage app for retail traders, offering a powerful platform with zero commissions and high-quality tools. When paired with NVSTly, your trading becomes smarter and more connected—automating the way your trades are tracked, shared, and analyzed, so you can focus on the markets while NVSTly handles the rest.
If you’re a Webull user and haven’t connected to NVSTly yet, now’s the time. Your trading deserves more than just a broker—it deserves a platform built to grow with you.
Ready to level up your Webull trading?
➡️ Sign in to NVSTly, go to Brokerages & Exchanges in your account settings, click Connect next to Webull, and follow the QR code instructions to link your account in seconds.
Available on web, iOS, Android, & fully integrated with Discord through a unique bot- the only of it's kind!
Subscribe to my newsletter
Read articles from NVSTly directly inside your inbox. Subscribe to the newsletter, and don't miss out.
Written by

NVSTly
NVSTly
NVSTly is a free interactive social investing platform where retail traders can track, share, or copy trades in real-time with extensive insights on every position & in-depth performance stats- supporting all financial markets. Discover & follow top ranked investors to receive real-time notifications of their trades, or compete against the best & climb the leaderboard.