Webull Singapore Review: Best Low-Cost Online Trading Platform for US & HK, now SG as well?
Last Updated on 2 years ago by Antony C.
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Webull Singapore is a popular low fee online trading platform for Singapore, United States, Hong Kong and China stock market. Suitable for both beginner investors and experienced traders.
Webull Singapore Review
Summary
Webull Singapore is an online trading App that offers easy trading of stocks listed on the Singapore, United States, Hong Kong and China stock market with low fees. Designed for both beginner investor and experienced trader, it offers many advanced trading tools and charting options for making an informed investing decision.
Pros of Webull SG
- $0 minimum deposit.
- $0 commission fee for all US stocks and ETFs.
- Low-cost trading of the Hong Kong market.
- Offers the option to purchase fractional share.
- User-friendly interface.
- Free real-time market data.
- Extensive research tools, customizable charts, and news updates.
- Extended hours trading hours to react to market news and events.
- In-App financial calendar for latest market events.
- Social community to interact and share ideas with other investors and traders.
- Access to margin trading and paper trading account.
- Grow uninvested cash with Moneybull, a cash management account.
- Automate your investment with regular saving plan and dollar cost averaging.
Cons of Webull SG
- Limited market coverage, Webull Singapore only offer investing in the SG, US, CN and HK market.
- No robo-advisor service for automated portfolio management and investment recommendations.
- Limited customer support channels, do not offer in-person customer support, only phone support and live chat support.
- Less stable than brokerage operated by local banks.
Webull Singapore is a popular online brokerage platform and trading App that offers a wide range of trading products and services to investors and traders to buy and sell stocks, ETFs and options in the US and HK markets at low fees.
What is Webull Singapore?
Webull Singapore is a branch of Webull Securities, a globally recognized online brokerage firm with over 35 million users worldwide.
Incorporated in 2021, Webull Securities (Singapore) is regulated by the Monetary Authority of Singapore (MAS)
- Holds the Capital Markets Services (CMS) license with the Exempt Financial Adviser status.
- Financial products and services are offered by Webull Securities (Singapore) Pte. Ltd. (“Webull Securities”) (UEN: 202116981M).
Webull Singapore is one of the best online brokerage that offers the lowest platform and commission fee, and occasionally even $0 commission fee to to invest in stocks and ETFs in the SG, HK and US markets.
Giving users free advance market data and real-time quotes, Webull Singapore is one of the most user-friendly trading App for both beginner and professional investors and traders.
Minimum investment: $0
Stock/ETF Commission Fees: $0 & 0.025% thereafter for US, 0.03% for HK, 0.025% for SG
Options Fees: $0.55 Per Contract
Markets: United States, Hong Kong and Singapore
Suitable For: Beginner and Experience investors or trader looking to invest both locally and internationally.
List Of Stock Exchanges You Can Invest With Webull Singapore
Webull Singapore give investors quick access to local and the biggest international stock exchange giving you the capability to trade in international market at low fees.
Singapore Stock Exchange
- Singapore Stock Exchange (SGX)
United States Stock Exchange
- New York Stock Exchange (NYSE)
- NASDAQ Stock Market (NASDAQ)
Hong Kong Stock Exchange (HKEX)
China Stock Exchange
- H-Share through HKEX.
- A-Share through the Shanghai-Hong Kong Stock Connect or Shenzhen-Hong Kong Stock Connect.
Webull Singapore Trading Products
Webull Singapore provides a variety of investment products for both beginner investors and experienced traders who are looking to reach different investment goals through using the Webull trading platform
- Stocks: Access a wide range of SG, US, HK and China listed stocks to invest in companies that align with your goals and strategies.
- Option Trading: Webull Singapore support long & short options trading with Real time OPRA and CGIF data.
- Exchange-Traded Funds (ETFs): Invest in ETFs to gain exposure to different sectors, asset classes, and investment themes, similar to individual stocks.
- Funds: Subscribe to professionally managed funds and diversify your portfolio.
- Cash Fund: Trade cash fund to gain access to low risk investment options and earn stable income.
- Cash Management: Grow your cash at low risk investment with stable returns.
- IPOs and Stock Offerings: Participate in IPOs and stock offerings to invest in newly listed companies and potentially benefit from their early growth stages.
Webull Singapore Commission and Platform Fees
Webull Singapore stands out from traditional brokerage firms by offering commission-free trading for the US market and low commission fee trading options for the SG, HK and China market.
| Market | Webull SG Broker Fee | Min. Commission | Platform Fee | Custodian Fees | Avg. Commission Fee (%) | Average Min. Commission |
|---|---|---|---|---|---|---|
| Singapore (SGX) | 0.025% Trade Value | SGD $0.80 | 0.025% Trade Value | No custodian fees | 0.22% | SGD 25 |
| United States (NYSE and NASDAQ) | USD $0 (0.025% Trade Value thereafter) | $0 (USD $0.50 thereafter) | USD $0 (Till Updated) | USD $0.01 – $0.03 per Share | 0.30% | USD 15 |
| Hong Kong (HKEX) | 0.03% Trade Value | HKD $12 | HKD $0 (Till Updated) | No custodian fees | 0.25% | HKD 100 |
| China H-Share (HKEX) | 0.03% Trade Value | HKD $12 | HKD $0 (Till Updated) | No custodian fees | 0.25% | HKD 100 |
| China A-Share (SZSE & SSE) | 0.02% Trade Value | CNH ¥12 | CNH ¥0 (Till Updated) | No custodian fees | 0.25% | CNH 100 |
Note: Data are consolidated, checked for accuracy and ensure outmost reliability by the Author through hours of research into each of the brokerage platforms, the author aims to provide the most accurate data by following strictly according to our editorial guidelines but always do your own due diligence before investing. Fees are subjected to change by the brokerage provider, do check with the brokers for the latest updates on the fees.
Webull SG Trading Platform and Trading App
Webull Singapore platform is designed to provide a seamless trading experience with its intuitive interface and powerful features.
Desktop trading platform:
- Window: Webull for Windows
- Mac: Webull for Mac
Mobile trading App:
- Apple App Store: iOS Webull mobile App
- Google Play Store: Android Webull Mobile App
The platform interface is simple to navigate, clean and you can choose between light and dark mode. The Webull platform makes it suitable for investors of various levels:
- Advance charting and technical analysis tools for trading.
- Comprehensive company financial data and analyst insights for fundamental analysis.
- Simple market sector overviews for quick analysis.
- Real-time market data.
- Real-time market news and earning announcement.
- Fully customizable Webull App for personalization.
- 24/7 Help center and live chat support.
Types of Accounts on Webull Singapore
Webull Singapore offers many different types of accounts designed for different investors and traders with different trading preferences and investment goals.
| Investor and Trader Level | Account | Risk Tolerance | Who is it for? |
|---|---|---|---|
| Beginner | Webull Paper Trading Account | No Risk | Beginners and new investors who wants to learn different trading strategies and gain familiarity with the platform without any risk using virtual funds. |
| Intermediate | Cash Funding Account | Medium Risk | Standard trading account where investors to trade with their own capital and grow their investment in the stock market. |
| Advanced | Margin Financing Account | High Risk | Experienced and professional traders who utilize leverage for their investments. |
| Saving (Cash Management Account) | MoneyBull Account | Low Risk | General investors looking to manage uninvested cash balances and potentially earn high interest using the platform. |
| Regular Saving Plan | Dollar-Cost Average Investment | Medium Risk | Automate recurring investments in selected stocks or ETFs to achieve Dollar-Cost Average (DCA) of your favorite US Stocks, ETFs & Mutual Funds. |
How to Open a Webull Account?
Opening your Webull SG Account is very simple and here are the steps you’ll need to take:
- Download the Webull SG App using this link.
- Sign-up with your phone number.
- Click “Open Account” at the bottom of the App.
- Setup through SingPass or enter your information. (Tip: If you are a Singaporean or Singapore PR, using SingPass is the preferred choice)
- Top up your account and start investing.
Opening an account with Webull only takes me less than 5 minutes since I am using SingPass for filling up all the particulars.
- Claim up to SGD$280 Worth of Free Shares + Trading Vouchers when you sign up a new account here.
- $0 commission free for US,HK & A-Share stocks, ETFs, and options.
- Low commission fee for SG stocks, ETFs, mutual funds and options.
Webull Promo: Low Commission + Free Stock
My Experience using Webull Singapore to Buy and Sell Stocks
Personally, I have been using Webull (US) for my stock screening years ago, before Webull Singapore comes into picture.
Their stock screen capabilities is one of the best in the industry.
It was only until recently I’ve open an account on Webull Singapore, and Webull’s promotion for all new account signups is absolutely stunning.
- If you want to know more about the promotion, check it out on my complete review on the Webull promotion here: Webull Latest Promotion.
When it comes to investing and trading, I value simplicity, low-fees, and the ease-of-accessibility to financial data of the company.
Webull trading platform proved to be an excellent platform that fulfil my needs, the Webull SG App have a user-friendly interface has made it effortless for me to navigate through the various features and execute trades within a few taps. Here are some highlights of my experience using Webull SG:
- Ease-of-Access to Financial Data: Easily access to various company and industry data and visualize the data in different forms for easier analysis.
- Real-Time Market Data: Stay updated on price movements, news, and market events with real-time data.
- Advanced Charting Tools: Analyze stocks and trading instruments using advanced charting tools.
- Community and Social Features: Engage with a community of traders, share ideas, and discuss strategies.
- In-App Financial Calendar: Track important events, earnings releases, and market-impacting news.
- Analyst Ratings and Research: Access expert opinions and research reports.
- Low Commission Fees: Webull Singapore offer one of the lowest commission and platform fees for investing in the US and HK stock market.
My experience with the Webull App have been great, and I think it is a great platform if you are looking to invest in the US stock market.
Personally, my experience with Webull trading platform have been amazing, and if you are looking for a reliable trading App that will meet all your trading needs, Webull is probably one of the best App other there.
BEST FOR: General Investors and Traders Looking to Invest Internationally in SG, US, HK and China stock market.
securely through Webull’s website
Is Webull Singapore Legal and Safe?
Yes, Webull Singapore is a safe, reputable and it is a MAS registered licensed broker offering brokerage service in Singapore.
Webull SG is one of the biggest most popular online brokerage that let you buy and trade stocks online.
- Regulation: Webull Securities (Singapore) Pte. Ltd. (“Webull Securities”) holds Capital Markets Services Licence under the Securities and Futures Act 2001, licensed and regulated by the Monetary Authority of Singapore (MAS).
- Simple Fee Structure: Webull Singapore offers transparent fee structure without hidden charges enhances user experience.
- Positive Reputation: Webull, the parent company, have over 35 million users and Webull Singapore enjoys the same positive reputation and credibility of its parent company.
- APAC Regional Headquarters in Singapore: Webull Singapore setup their APAC Regional Headquarters in Singapore.
Webull Singapore is safe and regulated by the Monetary Authority of Singapore (MAS). The platform uses encryption technology to safeguard data transmission offering a safe a secure platform for you to perform any trades anytime.
Should You Try Webull?
Webull Singapore is one of the best online broker that offers a wide range of trading products that can be easily traded on their user-friendly platform that offers the lowest commission fee and the most variety of account types.
- Margin trading account
- Paper trading account
- Cash management account (Moneybull)
- Regular saving plan
- Regular cash funded investment account.
If you are primary investing in the SG, US and HK stock market, Webull Singapore is a great place to start investing.
Designed for different investors and offering unique trading features, Webull Singapore is a solid choice for traders looking for a reliable and feature-rich online brokerage platform.
However, choosing an online trading platform is a personal choice and you need to make your own choice if this is the right platform for you.
- Claim up to SGD$280 Worth of Free Shares + Trading Vouchers when you sign up a new account here.
- $0 commission free for US,HK & A-Share stocks, ETFs, and options.
- Low commission fee for SG stocks, ETFs, mutual funds and options.
Webull Promo: Low Commission + Free Stock
Here is a quick comparison of Webull Singapore against other brokerage:
Looking to grow your spare cash while you wait for an investing opportunity?
Webull offers investors to grow their spare cash using Moneybull, a high interest Cash Management Account, giving you the ability to grow your cash low risk without doing anything. Check out our full review below:
3.50%
p.a. (Approx.)
$1,750
Est. earning over 1 year at $50,000
- $1 Min.
- No Lock-in
- No Redemption Fee
- No Subscription Fee
Frequently Asked Question (FAQ)
Disclaimer: All views expressed in the article are independent opinion of the author, based on my own trading and investing experience. Neither Webull Singapore or its affiliates shall be liable for the content of the information provided. This advertisement has not been reviewed by the Monetary Authority of Singapore.
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Antony C. is a Singaporean dividend investor focused on building passive income through REITs, ETFs, and Dividend Stocks. With 15+ years of experience investing in Singapore, Hong Kong, and China markets, he founded IncomeBuddies.com to share practical wealth-building strategies tested in his own portfolio since 2008. His expertise has been featured in Yahoo Finance, Nasdaq, and NFAA, and he’s the published book author of "Start Small, Dream Big".