Head-to-head comparison across ratings, fees, asset coverage, and platform breadth.
3.7 / 5
Direct-access broker built for active day traders who need DAS Trader Pro, ECN order routing, integrated short locates, and OTC/penny stock access. Strong on short-locate workflow; weak on transparency, mobile, and reputation given multiple FINRA enforcement actions.
4.2 / 5
Best for cost-conscious active traders who want $0 options, free Level II, fast routing, and broad crypto coverage. Educational depth and fixed-income shelves are thinner than the full-service incumbents.
Each broker scored 0–5 across the same 8 dimensions.
Green cells mark the winner on each metric. Tie rows are uncoloured.
| Metric | SpeedTrader | Webull | Winner |
|---|---|---|---|
| OverallEditorial score | 3.70 / 5 | 4.20 / 5 | Webull |
| Sub-ratingsCommissions & fees | 3.50 | 4.80 | Webull |
| Sub-ratingsPlatforms & tools | 4.30 | 4.50 | Webull |
| Sub-ratingsMobile app | 2.50 | 4.70 | Webull |
| Sub-ratingsResearch | 2.50 | 3.80 | Webull |
| Sub-ratingsEducation | 2.50 | 3.50 | Webull |
| Sub-ratingsCustomer service | 4.00 | 3.80 | SpeedTrader |
| Sub-ratingsRange of investments | 2.80 | 3.70 | Webull |
| Sub-ratingsActive trading | 4.70 | 4.40 | SpeedTrader |
| PricingLowest margin rate | 8.00% | 5.74% | Webull |
| PricingDefault cash sweep yield | — | 4.10% | Webull |
| PricingPFOF on equities | Does not accept | Accepts | SpeedTrader |
| Asset class | SpeedTrader | Webull |
|---|---|---|
| US stocks (NYSE/Nasdaq/AMEX) | Yes | |
| OTC / Pink Sheets / OTCQX / OTCQB | Yes | |
| Fractional shares | No | Yes |
| Options (equity, ETF, SPX, other indices) | Yes | |
| Mutual funds | Limited | No |
| US Treasuries / bonds | Limited | |
| Futures | No | Yes |
| Crypto (direct) | No | Yes |
| Foreign stocks ("F" tickers) | Limited | |
| IRAs | No | |
| Cash accounts | No | |
| 24-hour overnight equity trading | No | |
| Hard-to-borrow short locates | Yes | |
| US stocks | Yes | |
| OTC / penny stocks | Limited | |
| Options (equity, ETF, index) | Yes | |
| US Treasuries | Yes | |
| Corporate bonds | No | |
| International stocks (US app) | No | |
| 24-hour overnight trading | Yes | |
| Prediction markets | Yes |