Webull alternatives for UK investors (2024)

Webull is not available in the UK, but these alternative trading platforms are.

By Andrew Boyd | Verified by David Boyd | Updated 9 Nov 2023

As seen on

Webull alternatives for UK investors (1)

Webull alternatives for UK investors (2)

Webull alternatives for UK investors (3)

Webull alternatives for UK investors (4)

Webull alternatives for UK investors (5)

Webull alternatives for UK investors (6)

Comparing Webull alternatives

Webull alternatives for UK investors (7)

On website

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk

Featured

eToro

Brokerage Fee

N/A

Tradable Assets

Commodities, Crypto, ETFs, Forex, Indices, Shares

Tradable Indices

LSE, NASDAQ, NYSE and more

Signup Bonus

None

Highlights

  • eToro is a multi-asset social trading platform for shares, ETFs, crypto, indices, commodities, forex, and more. It compares favourably with Webull.
  • Both brokers provide access to thousands of US stocks. eToro also offers access to international stock markets in Europe and Asia.
  • Crypto can be traded on both platforms, but eToro also offers crypto staking so you can yield a return while holding coins.
  • eToro is available for iOS and Android devices. There is no desktop app, but you can access their trading platform in a browser.
  • Not sure if eToro is for you? Open a demo account and practice on the platform without using real money.
Webull alternatives for UK investors (8)

On website

Freetrade

Brokerage Fee

£0.00

Tradable Assets

ETFs, Stocks

Tradable Indices

LSE, NASDAQ, NYSE

Signup Bonus

Free share worth up to £200

Highlights

  • While both Webull and Freetrade offer commission-free ETF and fractional share dealing, Webull also offers options and crypto.
  • Trade assets on the London Stock Exchange, NASDAQ, and NYSE.
  • Invest in a low cost tax-free ISA.
  • Freetrade is available for iOS (iPhone and iPad) and Android devices.
Webull alternatives for UK investors (9)

interactive investor

Brokerage Fee

£7.99

Tradable Assets

Bonds, ETFs, Funds, Stocks

Tradable Indices

Asian markets, ASX, European markets, LSE, NASDAQ, NYSE

Signup Bonus

None

Highlights

  • interactive investor offers share and ETF trading in addition to funds and bonds. It does not have crypto.
  • Unlike Webull, interactive investor charges a fee based on the plan you are subscribed to and the instrument being traded.
  • interactive investor requires no minimum deposit.
Webull alternatives for UK investors (10)

On website

Webull alternatives for UK investors (11)

Wombat Invest

Please read the following disclaimer before applying.

Disclaimer: You must carefully consider your own circ*mstances before making any commitments and confirm all offers and terms with credit card providers before accepting them. Please refer to our T&Cs for more information.

Wombat Invest

Brokerage Fee

£0.00

Tradable Assets

ETFs, Shares

Tradable Indices

LSE, NASDAQ, NYSE

Signup Bonus

Earn £10 when you open an investment account. Terms and Conditions apply.

Highlights

  • Wombat Invest is designed to be user-friendly, particularly for beginners in the UK.
  • Zero commission for trading stocks. Fractional shares available.
  • Invest in a tax efficient ISA or with a general investment account.
  • Wombat charges a £1 subscription fee once your account passes £250 in value.
  • Take advantage of pound cost averaging with automated recurring investments.
  • Link Wombat with your bank account and it will round up transactions and invest your spare change.
Webull alternatives for UK investors (12)

Degiro

Brokerage Fee

£0.00

Tradable Assets

Bonds, ETFs, Funds, Futures, Options, Shares, Structured products

Tradable Indices

ASX, LSE, NASDAQ, NYSE, TSE, XETRA and more

Signup Bonus

None

Highlights

  • Trade shares, ETFs, options, bonds, futures, options, and funds (but not crypto).
  • Like Webull, Degiro is geared towards more experienced investors who are familiar with more complicated financial instruments available to trade on their platform.
  • Low foreign exchange fee for non-GBP trades, e.g. US stocks.
  • Degiro does not have an ISA account, probably because it is not solely focused on the UK market.

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    Webull alternatives for UK investors (2024)

    FAQs

    What is the UK equivalent of Webull? ›

    We consider eToro in the UK to be the closest match to what Webull offers its US customers. If you're still not convinced, you can compare share dealing accounts with our comparison table. It lets you choose what's important to you to narrow down your options.

    Can UK residents use Webull? ›

    Is Webull available in the UK as of March 2024? Yes, you can open an account at Webull if you are a UK citizen or resident. $500k (up to $250k on cash) to US clients. Check the description to see all protection.

    What is the best trading platform to use UK? ›

    Demo accounts are a great way to get some practice in and familiarise yourself with the process.
    • 10 BEST TRADING PLATFORMS UK COMPARED: ...
    • eToro: Best For Beginners. ...
    • AvaTrade: Best For Risk Management. ...
    • Plus500: Best For its Easy-to-Use App. ...
    • Pepperstone: Best For Technical Analysis. ...
    • Freetrade: Best For Simple Pricing Structures.
    Apr 11, 2024

    What platform is better than Webull? ›

    TradeZero offers commission-free stock trading. They also offer limit orders, higher trading leverage, 24x7 customer support, and four different trading softwares. ZeroMobile allows you to access your online stock trading account from anywhere. ZeroPro offers all the features and speed that active traders need.

    Is there a Robinhood equivalent in UK? ›

    Robinhood has made its way to the UK. Now you can invest without commission or FX fees 24 hours a day, 5 days a week. Other costs apply. Capital at risk.

    Does Robinhood work in UK? ›

    All UK consumers that were on its waitlist are now eligible to use the service. UK users will be able to access Robinhood following the launch in the UK, meaning they will have access to more than 6,000 global companies listed on US markets and more.

    Can a UK citizen open a US brokerage account? ›

    There are two primary methods to invest in US stocks: Investing with a Personal Account: When opening a personal account for investing, brokers typically require a Social Security number (SSN) for US citizens or an Individual Taxpayer Identification Number (ITIN) for non-US citizens.

    Can a UK citizen invest in US stock market? ›

    There is no citizenship requirement for owning stocks of American companies. While U.S. investment securities are regulated by U.S. law, there are no specific provisions that forbid individuals who are not citizens of the U.S. from participating in the U.S. stock market.

    Can UK citizens use eToro? ›

    eToro Money UK Ltd, is authorised and regulated by the Financial Conduct Authority for the provision of electronic money and payment services, with Firm Reference Number 900923. Registered in England & Wales under Company No.

    What broker to use in the UK? ›

    Compare Top 10 Brokers in the United Kingdom:
    BrokerOverall scoreMinimum deposit
    Saxo Bank4.9 /5$0
    eToro4.8 /5$10
    XTB4.8 /5$0
    Charles Schwab4.6 /5$0
    6 more rows
    Apr 17, 2024

    Who is the UK's biggest trading partner? ›

    2.1 Top 10 UK export markets for goods and services in 2022 1
    RankExport market% of total
    1United States20.9%
    2Germany6.8%
    3Netherlands6.8%
    4Ireland6.5%
    9 more rows
    5 days ago

    Is Freetrade only in the UK? ›

    With Freetrade, everyone can invest in US, European and UK stocks commission-free. Check which stocks are part of each plan before you start.

    What is the downside to Webull? ›

    Cons. As is consistent with smaller investment brokerage apps, the available assets are limited. No access to bonds, mutual funds, cryptocurrency or foreign exchange. Only accounts worth $25,000 or more have access to unlimited day trading.

    Can I use Webull internationally? ›

    Can I trade on Webull when I'm abroad? Webull Financial LLC does not open or maintain accounts on behalf of persons residing outside of the United States.

    Should I use Webull or Moomoo? ›

    Account opening takes somewhat more effort at moomoo compared to Webull, deposit and withdrawal processes are about the same quality at moomoo, while customer service quality is better than Webull's.

    Are there stock brokers in the UK? ›

    You can search over the hundred member firm brokers partnering with London Stock Exchange below. Only use your broker to buy and sell shares with no provision of advice about the suitability or risks associated with your investments.

    What is the UK's equivalent of the stock market? ›

    Through its primary markets, the London Stock Exchange (LSE) provides cost-efficient access to some of the world's deepest and most liquid pools of capital. It is home to a wide range of companies and provides electronic equities trading for listed companies.

    Is there a UK version of eToro? ›

    eToro Money UK Ltd, is authorised and regulated by the Financial Conduct Authority for the provision of electronic money and payment services, with Firm Reference Number 900923. Registered in England & Wales under Company No.

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