Webull vs Fidelity: Which Trading App Reigns Supreme in 2023?
Webull is ideal for active traders seeking commission-free stocks, ETFs, options, futures, and event contracts with advanced charting and real-time data. Fidelity Investments caters to long-term investors and beginners who value robust research, mutual funds, and crypto trading alongside cash management. Both apps offer $0 commissions on stocks and ETFs, but differ in target audience and additional features.
Webull: Investing & Trading
Recommended- Rating
- ★ 4.58
- Downloads
- 10,000,000+
- Developer
- Webull Technologies Pte. Ltd.
Fidelity Investments
- Rating
- ★ 4.12
- Downloads
- 5,000,000+
- Developer
- Fidelity Investments
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
- Commission-free stocks, ETFs, options, futures, and event contracts.
- Advanced charting tools with real-time data and technical indicators.
- No minimum deposit to start trading.
- Extended hours trading and pre/post-market access.
- High user rating (4.58) with 10M+ downloads.
Cons
- Limited research and educational content compared to Fidelity.
- Customer support can be slow during peak hours.
- No direct cryptocurrency trading (only event contracts on crypto price).
Our award-winning app gives you professional insights & powerful tools to help you make smarter money decisions. • Invest in stocks, ETFs & mutual funds using industry-leading research & analysis • Trade & transfer cryptocurrencies like bitcoin & ethereum with Fidelity Crypto…
Pros
- Excellent research and analyst reports from Morningstar, etc.
- Wide range of mutual funds with no transaction fees.
- Integrated crypto trading (Bitcoin, Ethereum) with Fidelity Crypto.
- Cash management features: check deposit, bill pay, ATM access.
- Strong customer service and investor education resources.
Cons
- Lower user rating (4.12) with some complaints about app bugs.
- Options trading requires approval and has contract fees.
- No futures or event contracts; limited to stocks, ETFs, mutual funds, crypto.
Final Verdict
Our pick: Webull: Investing & Trading
For most traders, Webull is the superior choice due to its broader asset coverage (options, futures, event contracts), lower fees (no options contract fees), and higher user rating (4.58 vs 4.12). Fidelity excels in research, mutual funds, and crypto, but its app rating lags. If you prioritize advanced tools and diverse trading instruments, pick Webull. If you prefer a traditional brokerage with strong research and mutual funds, Fidelity is solid. Overall, Webull wins for active traders.
Webull: Investing & Trading Screenshots
Official app screenshots from the Google Play Store.
Fidelity Investments Screenshots
Official app screenshots from the Google Play Store.
Frequently Asked Questions
Which app has a higher rating?
Webull has a higher rating of 4.576 compared to Fidelity's 4.115, based on Google Play reviews.
Can I trade cryptocurrencies on these apps?
Fidelity directly supports crypto trading (Bitcoin, Ethereum) via Fidelity Crypto. Webull offers event contracts on crypto price movements but not direct crypto ownership.
Do these apps have offline capabilities?
Both apps require an internet connection for real-time data and trading. Neither offers full offline play, but some static content may be cached.
Are there any ads in these apps?
Neither app displays third-party ads. However, both may show promotional content for their own products and services.
Which app should I choose as a beginner?
Fidelity is better for beginners due to its extensive educational resources, research, and cash management tools. Webull is more suited for intermediate to advanced traders seeking low-cost active trading.
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