True review on WeBull
Unlike many blogs , I write true review. I personally removed all my money out of webull and using app only for stock & chart analysis purpose.
Anyways that’s just my personal feeling. Will explain pros n cons here , you decide & comment below your views.
If you guys don’t have Webull account .. give it a try downloading from the link at bottom of this post..
This is best mobile app so far compared to many mobile apps , very good charting options , more company specific information , news and lot more .. this is also free like Robinhood with more n more features to analyze stocks ..
Before talking about best part let me explain the worst side of this app.
- The buying power that’s 4 time multiple of your cash can be used only once during one trading session
- Which means , if you have 2000$ cash your day buying power will be 8000$ and overnight is 4000$ .. no matter what if you buy a stock for 8000$ and sold it for 8500$ same day .. your total day buying power will be zero and over night is zero too .
- I wonder , how these guys force stop you to do one other trade ( even with ur cash )
- And majority of stocks ( under momentum ) can’t be shorted
- You can’t trade stocks under 1$
- Deposits and withdrawals take 3-5 days or even more for the transaction completion
Best points with this app are
Finally u would get a free stock after signup ( value is up to 1000$ worth) ( I got a free stock of 7$ anyways )
Give a try and register using below link ( only if interested in trading or to have better featured charting app )
- They give complete pre and after hours for trading
- They give extraordinarily best chart view features
- Free L1 trade data ( buyings and selling volume on live )
- You can trade global markets too
- News updates
- Stock scanners
- Ability to short stocks ( must have margin account )
- One more Important thing is you get 4 times leverage for day trades and 2 times leverage for other trades
that means if you have 2000$ cash on webull account , you get 8000$ for day trade and 4000$ for over night or hold for longterm as far as u r above margin call. ( google to know about margin calls)
Finally u would get a free stock after signup ( value is up to 1000$ worth) ( I got a free stock of 7$ anyways )
Give a try and register using below link ( only if interested in trading or to have better featured charting app )
Click here to register and Download this App
Thankq one and all for visiting our blog . Keep visiting :)
Get Free Blogging updates in your Email
0 comments:
Post a Comment