Webull
Zero-commission trading with tier-1 SEC and FCA oversight and spreads from 0 pips.
- Min deposit
- $0
- Max leverage
- 1:4
- Spread from
- 0 pips
- Regulators
- SEC, FCA
Webull and ActivTrades are separated by a hair on our rating scale, 3.6 versus 3.6, making this one of the closer matchups we've reviewed. Webull edges ahead on regulation and spreads, while ActivTrades counters with higher leverage and a broader platform lineup. Here's exactly how they stack up.
Zero-commission trading with tier-1 SEC and FCA oversight and spreads from 0 pips.
A 25-year-old multi-asset broker offering MT4/MT5 access and leverage up to 1:400.
Core features compared head-to-head.
| Feature | W Webull | A ActivTrades |
|---|---|---|
| Overview | ||
| Rating | 3.6 / 5 | 3.6 / 5 |
| Founded | 2017 | 2001 |
| Headquarters | New York, USA | London, UK |
| Regulation | SEC, FCA | FCA, CySEC |
| Fees & Limits | ||
| Min Deposit | $0 | $0 |
| Spreads From | 0 pips | 0.5 pips |
| Commission | None | None |
| Max Leverage | 1:4 | 1:400 |
| Platforms & Markets | ||
| Trading Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, Proprietary Web |
| Markets Offered | Stocks, Crypto, Forex, Indices | Forex, Cfd, Stocks, Indices, Commodities, Crypto |
Webull
$0
ActivTrades
$0
Webull
0 pips
ActivTrades
0.5 pips
Webull
None
ActivTrades
None
Webull
None
ActivTrades
None
Webull
None
ActivTrades
None
Webull takes the overall win in our head-to-head, scoring 2 out of 2 comparison points against ActivTrades's 0 out of 2. The deciding factors are Webull's tighter spreads from 0 pips and its tier-1 SEC and FCA oversight, both of which matter enormously to cost-conscious and safety-conscious traders alike. ActivTrades isn't far behind, however, and remains a genuinely strong pick for traders who want MT4/MT5 access, higher leverage ceilings, or a wider spread of tradable asset classes.
Regulatory strength is one of the clearest differentiators in this matchup. Webull is overseen by the SEC in the United States and the FCA in the United Kingdom, giving it a dual tier-1 regulatory footprint that many traders view as the gold standard for capital protection.
ActivTrades, meanwhile, is regulated by the FCA and CySEC. Both are respected regulators, but CySEC is generally considered a step below the SEC in terms of enforcement power and investor compensation scope, which is why Webull edges ahead here.
For traders whose top priority is regulatory pedigree, especially those trading from the US or UK, Webull's combination of SEC and FCA licensing gives it a slight but meaningful edge over ActivTrades.
Cost is where Webull pulls furthest ahead. Its spreads start from 0 pips, compared to 0.5 pips at ActivTrades, a difference that compounds quickly for active or high-frequency traders.
Neither broker charges a commission on standard trading activity, and both offer $0 deposit and withdrawal fees, so the headline cost comparison really comes down to spread quality rather than hidden charges.
Both platforms also require no minimum deposit, meaning new traders can start with virtually any account size. This removes a common barrier to entry and puts the fee comparison squarely on ongoing trading costs rather than upfront capital requirements.
ActivTrades claws back significant ground in this category. It offers leverage up to 1:400, dramatically higher than Webull's maximum of 1:4, which will matter enormously to forex and CFD traders who rely on leverage to size positions efficiently.
ActivTrades also supports six distinct market types — Forex, CFDs, Stocks, Indices, Commodities, and Crypto — versus Webull's four: Stocks, Crypto, Forex, and Indices. Traders wanting exposure to commodities or CFD instruments specifically will find ActivTrades the more versatile venue.
Webull's lower leverage cap reflects its US-influenced regulatory environment, which tends to prioritize retail investor protection over speculative capacity. Traders should weigh whether they need high leverage or prefer the more conservative, protection-first structure Webull offers.
ActivTrades supports three platforms: MT4, MT5, and a Proprietary Web platform, giving traders the flexibility of industry-standard MetaTrader tools alongside a native web experience. This is a strong pull for algorithmic traders and those who rely on custom indicators or Expert Advisors built for MetaTrader.
Webull, by contrast, offers a Proprietary Web platform and a Proprietary Mobile app, both built in-house rather than relying on third-party trading terminals. This gives Webull tighter control over user experience and design consistency, particularly appealing to mobile-first, self-directed stock and crypto traders.
Traders who already have MT4/MT5 strategies, scripts, or familiarity should lean ActivTrades, while those who prioritize a clean, modern, mobile-native interface will likely prefer Webull's proprietary ecosystem.
ActivTrades has the clear edge in longevity, having been founded in 2001 in London, UK, giving it roughly 25 years of operating history through multiple market cycles. Webull is comparatively newer, founded in 2017 and headquartered in New York, USA.
A longer track record isn't automatically a decisive advantage, but it does mean ActivTrades has weathered several periods of market volatility and regulatory change, building institutional experience along the way.
Webull's shorter history is offset by rapid growth and a strong reputation in the US retail trading space, particularly among stock and crypto investors who value its modern app-first approach.
The bottom line — category winners and our final pick based on ratings.
Webull and ActivTrades are evenly matched in our ratings — your best choice depends on your specific trading style and platform preference.
Visit WebullCategory winners
Overall winner
Based on overall expert rating (3.6/5).
Better for beginners
Stronger onboarding and educational resources.
Lower trading costs
More competitive spreads and baseline commissions.
Stronger regulation
Higher trust based on tier-1 regulatory oversight.
Risk warning: Trading CFDs and forex involves significant risk of loss and is not suitable for all investors. Please consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.