W
Webull
3.6 / 5Score: 2 / 2
Dual tier-1 regulation and zero-commission trading make Webull the safer, modern choice for multi-asset investors.
- Min deposit
- $0
- Max leverage
- 1:4
- Spread from
- 0 pips
- Regulators
- SEC, FCA
Reviewed by Experts Updated 8/27/2026
Webull vs GMO Click Securities: Which Broker Wins in 2026?
Webull and GMO Click Securities both offer zero-commission trading with no minimum deposit, but they differ sharply in regulation, leverage, and market reach. Our proprietary research gives Webull the edge overall, though GMO Click Securities still holds strong appeal for leverage-focused traders.
GC
GMO Click Securities
3.4 / 5Score: 0 / 2
A long-standing Japanese brokerage offering higher leverage and broader CFD market access for experienced traders.
- Min deposit
- $0
- Max leverage
- 1:25
- Spread from
- 0 pips
- Regulators
- FSA
Overall Winner
Webull
Best for Beginners
Webull
Lowest Fees
Webull
Top Regulation
Webull
Side-by-side comparison
Core features compared head-to-head.
| Feature | W Webull | GC GMO Click Securities |
|---|---|---|
| Overview | ||
| Rating | 3.6 / 5 | 3.4 / 5 |
| Founded | 2017 | 2001 |
| Headquarters | New York, USA | Tokyo, Japan |
| Regulation | SEC, FCA | FSA |
| Fees & Limits | ||
| Min Deposit | $0 | $0 |
| Spreads From | 0 pips | 0 pips |
| Commission | None | None |
| Max Leverage | 1:4 | 1:25 |
| Platforms & Markets | ||
| Trading Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, PC Dealer |
| Markets Offered | Stocks, Crypto, Forex, Indices | Forex, Cfd, Indices, Commodities, Stocks |
Trading & non-trading fees
Min Deposit
Webull
$0
GMO Click Securities
$0
Spreads From
Webull
0 pips
GMO Click Securities
0 pips
Commission
Webull
None
GMO Click Securities
None
Deposit Fees
Webull
None
GMO Click Securities
None
Withdrawal Fees
Webull
None
GMO Click Securities
None
Pros & cons
W
Webull
Pros
- Backed by two top-tier regulators (SEC and FCA) for stronger fund safety
- No commission charges on trades
- No minimum deposit required to open an account
- Zero deposit and withdrawal fees
- Broader asset variety including cryptocurrency exposure
- Higher overall proprietary rating at 3.6 out of 5
- Clean, modern proprietary platforms for web and mobile trading
Cons
- Maximum leverage capped at a conservative 1:4
- Fewer supported platforms compared to GMO Click Securities's three options
- No dedicated desktop terminal like GMO Click Securities's PC Dealer
- Newer company history dating only to 2017
- Does not offer CFD or commodities trading
GC
GMO Click Securities
Pros
- Higher available leverage at up to 1:25
- Wider range of five market types for diversification
- More established company history dating back to 2001
- Three platform options including desktop, web, and mobile
- No commission charges on trades
- No minimum deposit required to open an account
- Zero deposit and withdrawal fees
Cons
- Only regulated by a single authority, Japan's FSA
- Lower overall proprietary rating at 3.4 out of 5
- No cryptocurrency trading offered
- Lacks the dual tier-1 regulatory backing of competitors like Webull
- Higher leverage may increase risk exposure for inexperienced traders
Our expert verdict
Editor's verdict
Overall winner Webull
Lowest fees Webull
Best regulation Webull
Better for beginners Webull
Webull earns our recommendation as the stronger all-around broker, scoring 3.6/5 versus GMO Click Securities's 3.4/5 on our proprietary rating scale. Webull's dual tier-1 regulatory backing from the SEC and FCA gives it a decisive safety advantage over GMO Click Securities's single FSA licence. However, GMO Click Securities counters with higher leverage (1:25 vs 1:4), a broader five-asset market lineup, and an extra desktop platform option, making it a legitimate alternative for traders who prioritize leverage flexibility and market variety over regulatory depth.
Regulation & Safety
Regulation is where the gap between these two brokers is most pronounced. Webull is overseen by both the SEC in the United States and the FCA in the United Kingdom, two of the most rigorous financial regulators in the world. This dual tier-1 coverage means Webull clients benefit from strict capital adequacy rules, segregated client funds, and robust dispute resolution frameworks.
GMO Click Securities, by contrast, is regulated solely by Japan's FSA. While the FSA is a respected regulator within its domestic market, holding only a single licence naturally limits the breadth of cross-border investor protections compared to a broker with multiple tier-1 authorizations.
For traders who prioritize fund safety above all else, Webull's two-jurisdiction regulatory footprint is the more reassuring setup. That said, GMO Click Securities's long operating history since 2001 in a well-regulated Japanese market still lends it credibility for locally-based traders.
Fees, Spreads & Commissions
Both brokers advertise spreads starting from 0 pips and charge no trading commissions, putting them on level footing at the headline level. Neither broker imposes deposit or withdrawal fees, which is a welcome feature for cost-conscious traders on both sides of this comparison.
Where they align further is minimum deposit requirements — both Webull and GMO Click Securities allow account opening with $0, removing any capital barrier to entry. This makes either platform accessible to beginners testing strategies with limited starting capital.
Since headline costs are essentially tied, the real differentiator comes down to execution quality, leverage terms, and platform depth rather than raw pricing. Traders should weigh those factors more heavily than fees alone when choosing between the two.
Leverage & Market Access
GMO Click Securities pulls ahead significantly on leverage, offering up to 1:25 compared to Webull's more conservative 1:4 cap. For experienced traders comfortable managing leveraged risk, this gives GMO Click Securities notably more flexibility to size positions.
Market breadth also favors GMO Click Securities, which supports five asset classes — Forex, CFDs, Indices, Commodities, and Stocks — versus Webull's four (Stocks, Crypto, Forex, Indices). Crypto access is unique to Webull in this matchup, which may sway traders specifically interested in digital assets.
Ultimately, the choice here depends on trading style: leverage-driven CFD and forex traders may lean toward GMO Click Securities, while multi-asset investors wanting equities and crypto exposure under one roof may prefer Webull.
Trading Platforms & Tools
Webull provides a Proprietary Web platform alongside a Proprietary Mobile app, both built for a clean, modern trading experience geared toward retail investors. The mobile-first design reflects Webull's roots as a digitally native brokerage founded in 2017.
GMO Click Securities offers three platform options: Proprietary Web, Proprietary Mobile, and an additional PC Dealer desktop terminal. This extra desktop option can appeal to more active traders who prefer dedicated software with deeper charting and order management tools.
While Webull's platform suite is more streamlined, GMO Click Securities's inclusion of a specialized desktop dealer platform gives it an edge for traders who run more complex, high-frequency strategies from a stationary setup.
Company Background & Track Record
GMO Click Securities has a substantial head start in industry experience, having been founded in 2001 in Tokyo, Japan — 16 years before Webull entered the scene. This longer operating history can translate into deeper institutional knowledge of the Japanese retail trading market.
Webull, founded in 2017 and headquartered in New York, USA, is the newer entrant but has rapidly built a reputation on the back of its zero-commission model and strong regulatory backing. Its younger age hasn't stopped it from securing tier-1 licences that rival more established firms.
Neither track record should be dismissed: GMO Click Securities offers stability through longevity, while Webull demonstrates that a newer broker can still achieve strong regulatory credibility and rapid user adoption.
Our Verdict
When all factors are weighed together, Webull earns the higher overall rating of 3.6/5 versus GMO Click Securities's 3.4/5, driven primarily by its superior regulatory coverage across two major jurisdictions. For traders whose top priority is safety and broad multi-asset access including crypto, Webull is the stronger choice.
GMO Click Securities remains a compelling option for a specific type of trader — one who values higher leverage, a wider spread of CFD and commodity markets, and an extra desktop platform. Its long track record since 2001 also offers reassurance for those trading within Japan's regulatory environment.
Neither broker charges deposit, withdrawal, or commission fees, and both allow account opening with no minimum deposit, so cost is unlikely to be the deciding factor. Instead, base your decision on which broker's regulatory profile, leverage terms, and platform tools best match your personal trading approach.
Verdict summary
The bottom line — category winners and our final pick based on ratings.
Editor's verdict
Webull wins overall
Webull edges out GMO Click Securities overall based on our expert rating score.
W
Highest Rated
Webull
3.6 / 5 / 5
Category winners
Overall winner
Based on overall expert rating (3.6/5).
WebullBetter for beginners
Stronger onboarding and educational resources.
WebullLower trading costs
More competitive spreads and baseline commissions.
WebullStronger regulation
Higher trust based on tier-1 regulatory oversight.
Webull
Frequently asked questions
Based on our proprietary rating system, Webull comes out ahead with a score of 3.6 out of 5 compared to GMO Click Securities's 3.4 out of 5. Webull's edge stems largely from its stronger regulatory profile, holding licences from both the SEC and FCA. That said, traders who value higher leverage or a wider market lineup may still find GMO Click Securities better suited to their needs, so it's worth reviewing the full comparison sections above.
Both brokers advertise spreads starting from 0 pips and charge no commissions on trades, which is highly competitive within the retail trading industry. Neither charges deposit or withdrawal fees either, making both cost-effective choices. Since their headline fee structures are essentially tied, the deciding factor should be regulation, leverage, and platform tools rather than raw cost.
Neither broker requires a minimum deposit, meaning you can open an account and begin trading with as little as $0 on either platform. This makes both brokers highly accessible for beginners or those wanting to test strategies with minimal upfront capital. Always check current account funding requirements directly with the broker before depositing, as policies can be updated.
Webull offers stronger investor protection on paper, as it is regulated by both the SEC in the United States and the FCA in the United Kingdom. GMO Click Securities operates under a single licence from Japan's FSA. Holding multiple tier-1 regulatory approvals generally signals more rigorous oversight, segregated client funds, and additional compliance checks, giving Webull the safety advantage in this comparison.
Webull provides access to Stocks, Crypto, Forex, and Indices, giving traders a solid multi-asset mix that includes digital currencies. GMO Click Securities covers Forex, CFDs, Indices, Commodities, and Stocks, offering one additional asset class overall but no cryptocurrency exposure. Your choice should depend on whether crypto access or CFD and commodities trading matters more to your strategy.
GMO Click Securities offers substantially higher leverage, up to 1:25, compared to Webull's maximum of 1:4. This makes GMO Click Securities more appealing to experienced traders who want to control larger positions with smaller capital outlays. However, higher leverage also increases risk, so newer traders should approach GMO Click Securities's leverage options cautiously.
Webull offers a Proprietary Web platform and a Proprietary Mobile app, focused on a streamlined, easy-to-navigate trading experience. GMO Click Securities supports three platforms: Proprietary Web, Proprietary Mobile, and an additional PC Dealer desktop terminal for more advanced desktop-based trading. Traders who want a dedicated desktop application may lean toward GMO Click Securities for this reason.
Yes, there is nothing stopping you from maintaining accounts with both brokers simultaneously. Many traders diversify across multiple platforms to take advantage of different regulatory protections, market access, and platform tools. This can be a smart approach if you want Webull's crypto access alongside GMO Click Securities's higher leverage and CFD offerings.
GMO Click Securities has the longer history, having been founded in 2001 in Tokyo, Japan, giving it 16 additional years of operating experience compared to Webull, which launched in 2017 in New York. While longevity can indicate stability, Webull has still managed to secure strong tier-1 regulatory backing despite its shorter history, showing that newer brokers can compete credibly on safety and trust.
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.