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.
- Rating
- ★ 4.61
- Downloads
- 1,000,000+
- Developer
- E*TRADE from Morgan Stanley
Webull: Investing & Trading
Recommended- Rating
- ★ 4.58
- Downloads
- 10,000,000+
- Developer
- Webull Technologies Pte. Ltd.
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. Screenshots
Official app screenshots from the Google Play Store.
Webull: Investing & Trading Screenshots
Official app screenshots from the Google Play Store.
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.