Is Webull available in Canada?

Short Answer

Webull is a U.S based stockbroker which is not available for Canadian users. Canadian citizens cannot open an account with Webull. You have to either be a citizen of the U.S or have a valid U.S Passport in order to open an account with Webull.

Detailed Answer

What is Webull?

Webull is a U.S based discount broker that offers a commission-free model through which you can trade (buy/sell) stocks without paying any extra commissions to the broker. Webull is a fully regulated platform as It is registered with the Securities and Exchange Commission (SEC). It is also a member of the FINRA (Finance Industry Regulatory Authority), NYSE (New York Stock Exchange) as well as NASDAQ, Which makes it trustworthy to use and invest in.  Here are some of the features that make it an attractive choice. It is a self-direct investing platform that offers many major features, let's look at some of the key features of the platform.

  • Zero Commissions
  • Free Live-Data streaming
  • Extended hours support for Pre and Post market
  • 24*7 Online support, etc

Is it available in Canada?

Currently, Webull is not available in Canada as its operations are limited to the U.S and some other countries as of now. At present, you can open an account in Webull if you are from the United States, India, Korea, China, Japan, Brazil, or Turkey.

If you have a valid identity certificate or a valid passport of any of these countries, then you will be eligible to open an account in Webull.

U.S citizens, with a valid U.S passport, can open an account in Webull even if they are residing in Canada.

Bottom line

Webull is expanding its operations and will soon cater to different countries including Canada. Till then there are many good low-cost brokers in Canada including Questrade, which traders, as well as investors, can use to invest as well as trade. So, don't miss to have a look at some of the best alternatives to Webull in Canada.

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