Webull HSA (Health Savings Account)
Webull does not offer Health Savings Accounts or HSA to non-employees.
If you are on the market for a $0-fee, easy to use HSA account, then take a look at
Lively.
Company's HSAs are free for both individuals and families, so you never have to worry about
any fees. Lively HSAs use bank-grade security and are FDIC-insured.
Open Lively Account
Open Webull Account
Webull Range of Investments
Now we’re going to start grading Webull in essential categories. The first one is investment offerings,
and the brokerage house isn’t going to do very well here. Webull offers stocks, options, cryptos,
and ETF’s, and as of right now, that’s it.
Mutual funds and fixed-income securities are not available. And forget about over-the-counter, bulletin board, or pink sheet stocks. Futures and forex? No way. Stocks on the major exchanges that slip below $1 or $10 million in market cap go on Webull’s restricted list.
Banking Features
Webull now pays an impressive
5% APY interest on cash balances–much more than almost all banks.
An external bank account can be easily linked to a Webull trading account, and as we already pointed out, ACH transfers are free of charge. Webull offers both micro-deposit verification (within 2 business days) and instant verification.
Financial Advice & Managed Accounts
Webull specializes in self-directed accounts with zero commissions. However, they recently added a
low-cost robo-advisory service that comes with 30 basis points annual fee.
Recommendation
For obvious reasons, we can’t recommend Webull for bond or mutual fund traders. We do advocate the
brokerage firm for stock, options, and ETF traders who don’t need a lot of hand holding but do want the lowest possible
commissions.
We also suggest Webull for traders who need good research tools on a mobile app. Although Webull is a low-cost
broker, it has mobile research tools that many more expensive brokers don’t offer.
Open Webull Account
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