E*TRADE vs Webull: Which Trading App is Best for You in 2023?

E*TRADE from Morgan Stanley is a full-service brokerage app ideal for investors seeking a comprehensive platform with banking, research, and customer support. Webull caters to active traders and beginners with commission-free trades, advanced charting tools, and a social trading community. Both apps offer $0 stock and ETF trades but differ in additional assets and user experience.

E*TRADE: Invest. Trade. Save. Android app icon

E*TRADE: Invest. Trade. Save.

Rating
★ 4.61
Downloads
1,000,000+
Developer
E*TRADE from Morgan Stanley
View on Play Store
Webull: Investing & Trading Android app icon

Webull: Investing & Trading

Recommended
Rating
★ 4.58
Downloads
10,000,000+
Developer
Webull Technologies Pte. Ltd.
View on Play Store

Welcome to E*TRADE from Morgan Stanley, where we simplify investing and trading no matter your experience level. Our award-winning app offers everything you need, including investing, banking, trading, research, and more—right at your fingertips. Download now to start investing…

Pros

  • Commission-free US stock, ETF, and options trades
  • Integrated banking services (checking, savings, debit card)
  • Award-winning research and educational content
  • Strong customer support via phone and chat
  • Trusted brand backed by Morgan Stanley

Cons

  • No futures or event contract trading
  • Higher margin rates compared to Webull
  • App interface can feel cluttered for beginners

Webull offers all the investing products you need - stocks, ETFs, options, futures, bonds, and more—no matter your experience level. Download and start trading today! Trade What You Want, When You Want -Trade stocks, ETFs, and options with $0 commissions. -Trade on the outcome…

Pros

  • Trade stocks, ETFs, options, futures, and event contracts
  • Advanced charting tools with technical indicators
  • Real-time market data and level 2 quotes
  • Social community features for idea sharing
  • No account minimums and low margin rates

Cons

  • Limited banking features (no checking/savings)
  • Customer support can be slow during peak times
  • Some users report occasional app glitches

Final Verdict

Our pick: Webull: Investing & Trading

For most investors, Webull is the better choice due to its broader range of tradable assets (including futures and event contracts), superior charting tools, and larger user base. However, E*TRADE excels for those who want integrated banking services and a more traditional brokerage experience with robust customer support. If you prioritize advanced analysis and low costs, choose Webull; if you prefer a one-stop shop for investing and banking, go with E*TRADE.

E*TRADE: Invest. Trade. Save. Android app icon

E*TRADE: Invest. Trade. Save. Screenshots

Official app screenshots from the Google Play Store.

E*TRADE: Invest. Trade. Save. Android app screenshot 1
E*TRADE: Invest. Trade. Save. Android app screenshot 1
E*TRADE: Invest. Trade. Save. Android app screenshot 2
E*TRADE: Invest. Trade. Save. Android app screenshot 2
E*TRADE: Invest. Trade. Save. Android app screenshot 3
E*TRADE: Invest. Trade. Save. Android app screenshot 3
E*TRADE: Invest. Trade. Save. Android app screenshot 4
E*TRADE: Invest. Trade. Save. Android app screenshot 4
E*TRADE: Invest. Trade. Save. Android app screenshot 5
E*TRADE: Invest. Trade. Save. Android app screenshot 5
Webull: Investing & Trading Android app icon

Webull: Investing & Trading Screenshots

Official app screenshots from the Google Play Store.

Webull: Investing & Trading Android app screenshot 1
Webull: Investing & Trading Android app screenshot 1
Webull: Investing & Trading Android app screenshot 2
Webull: Investing & Trading Android app screenshot 2
Webull: Investing & Trading Android app screenshot 3
Webull: Investing & Trading Android app screenshot 3
Webull: Investing & Trading Android app screenshot 4
Webull: Investing & Trading Android app screenshot 4
Webull: Investing & Trading Android app screenshot 5
Webull: Investing & Trading Android app screenshot 5

Frequently Asked Questions

Which app has a higher rating?

E*TRADE has a slightly higher rating at 4.61 compared to Webull's 4.58, both based on over 1 million reviews.

Can I use these apps offline?

Both apps require an internet connection for real-time data and trading. Some educational content may be cached for offline viewing, but core functionality is online.

Do these apps have ads?

Neither app displays third-party ads. However, they may promote their own products or features within the app.

What are the device requirements?

Both apps support Android 6.0+ and require about 100-150 MB of storage. Webull may need more RAM for advanced charting.

Which app should a beginner choose?

Beginners may prefer E*TRADE for its educational resources and customer support, while Webull offers a more modern interface and lower costs for active trading.