The stock market is one of the biggest financial planning. You should improve your financial level as well as a business within a short period. Stock Trading is a simple process you canselland buy the stocks on daily basis. It is essential for every business even small and large businesses. With the help of many stock software, it is aconvenient way to earn more money. The gains fully depend on your luck as well as the type of trading. There are millions of people invest their amount in the share market.
Steps For Trade Stocks
The trading stock is a simpleprocess. For beginners, free stock trading online is acomplex one. So you should follow the below steps you can easily invest funds in the share market.
Step 1: fist you should open a brokerage account. It is used to hold your investment. You can open the online account with the help of the online broker. You can close attention to the costs of each trade.
Step 2: you must set a Stock Trading budget. It is a very important factor in trading. You have at leasta few amounts for your emergency.
Step 3: After completion of the above process you can use the online trading website and place your stick trades.It is consists of two order types oneis market order and another one is a limit order.
Step 4: you should set up a practice with a share trading account. With the help of the online stock brokers, the investors can get the virtual trading tool.
Step 5: finally you must calculate your returns. This advice is very important for all types of investors.
Step 6: and then you should keep your perspective. You should minimum have thousands of professional traders.
Theabove process helps to trade your share. You can follow this step when before investing your funds.
Conclusion
If you want to choose one of reliable stock platforms, you choose Webull as it always provides the best customer service to their investors. It will never need any extra commission and charge for trading. Webull.com is equipped with innovative technology and features. Millions of users will use this website compared to the other platforms. With the help of that, you can know the information about your trades immediately. It is available 24/7.So you can use this at anytime and anywhere. Webull IRA Available Now, Open roth ira or traditional ira, rollover ira Now! Deposit the required amount into your IRA and you can earn up to $1,500 in gift cards! New Webull users will have 45 days from registration to complete the deposit tasks and be rewarded.
Webull official website is capable of providing the latest yzcm stock and trends and other relevant information about your interested stocks.Leaping Group Co., Ltd. (NASDAQ: YZCM) will issue 4 million shares at $5 Thursday on the Nasdaq. The offering represents about 20% of outstanding shares and is expected to raise about $20 million. China’s multimedia service provider facilitates advertising, event planning and film production.
Tuesday, December 24, 2019
Friday, December 13, 2019
LMP AUTOMOTIVE HOLDINGS INC. Stock Community
LMPX News
LMPX up 17% premarket as President/CEO buy shares
seekingalpha.16h ago
LMP Announces the Closing of Initial Public Offering and Full Exercise of Underwriters Option to Purchase Additional Shares
ACCESSWIRE.3d ago
LMP Announces Pricing of Initial Public Offering
ACCESSWIRE.12/06 07:09
LMP Automotive Holdings prices initial public offering
seekingalpha.12/05 23:50
LMP Automotive Shares Open At $5/Share
Benzinga.12/05 23:49
LMPX Community
AVDL - might be an over the weekend hold.
Shiftpixy- possible hold into Monday. Suspect we will see a surge during Monday.
Aethlon Med- i suspect the pump to either be tomorrow or Monday.
LMP AUTOMOTIVE HOLDINGS INC.- can we see 25+ tomorrow 🤷♂️
SPROUT SOCIAL, INC. - Read up on the prospectus- low floater with two of the top reputable bookrunner.
All Comments (7)
919****485
Hopefully Aethlon med will turn well... I put all my money in it and only averaged down to 2.3........
Stun Zeed
lol on LMPX tho. Can we? hah
Christmas come early again? 😆
Cla***com
holding ADVL myself.. wasnt sure if i should sell or hold.. been riding the volatile coaster.. was up 300% now about 90%
think i should ride it out fully? thanks
Pat
Youve been killing the IPO’s recently dude. Added to the WL, preciate ya 🤙🏻
Mr.Pennybags
any thoughts on Titan Pharma legacy?
Legacy
Also watch low float Chinese Stocks for possible continuation run.
Nick
LMPX LMP AUTOMOTIVE HOLDINGS INC. i wish inwould have gotten in on this at the intial offer
Zenith☯️888
I got in Monday and here's where I am now.
Nick
Ok so maybe you went up 54% this year and maybe i went up 240 % this week...same thing
jjs***com
I did and now I wish I had invested more. I won't complain though my portfolio has gone up 54% overall in the past year
LMPX up 17% premarket as President/CEO buy shares
seekingalpha.16h ago
LMP Announces the Closing of Initial Public Offering and Full Exercise of Underwriters Option to Purchase Additional Shares
ACCESSWIRE.3d ago
LMP Announces Pricing of Initial Public Offering
ACCESSWIRE.12/06 07:09
LMP Automotive Holdings prices initial public offering
seekingalpha.12/05 23:50
LMP Automotive Shares Open At $5/Share
Benzinga.12/05 23:49
LMPX Community
AVDL - might be an over the weekend hold.
Shiftpixy- possible hold into Monday. Suspect we will see a surge during Monday.
Aethlon Med- i suspect the pump to either be tomorrow or Monday.
LMP AUTOMOTIVE HOLDINGS INC.- can we see 25+ tomorrow 🤷♂️
SPROUT SOCIAL, INC. - Read up on the prospectus- low floater with two of the top reputable bookrunner.
All Comments (7)
919****485
Hopefully Aethlon med will turn well... I put all my money in it and only averaged down to 2.3........
Stun Zeed
lol on LMPX tho. Can we? hah
Christmas come early again? 😆
Cla***com
holding ADVL myself.. wasnt sure if i should sell or hold.. been riding the volatile coaster.. was up 300% now about 90%
think i should ride it out fully? thanks
Pat
Youve been killing the IPO’s recently dude. Added to the WL, preciate ya 🤙🏻
Mr.Pennybags
any thoughts on Titan Pharma legacy?
Legacy
Also watch low float Chinese Stocks for possible continuation run.
Nick
LMPX LMP AUTOMOTIVE HOLDINGS INC. i wish inwould have gotten in on this at the intial offer
Zenith☯️888
I got in Monday and here's where I am now.
Nick
Ok so maybe you went up 54% this year and maybe i went up 240 % this week...same thing
jjs***com
I did and now I wish I had invested more. I won't complain though my portfolio has gone up 54% overall in the past year
Monday, December 9, 2019
Benefits of using reliable and secure trading software
Investing is mandatory for modern individuals. It is because savings are not enough for meeting your financial goals. Luckily, you have tons of investment choices so that you can pick the right one based on your convenience and needs. There are tons of benefits associated with an investment so that you can make this decision smartly. The perfect selection helps you to reduce the risk appetite and reach the financial goals easily. There are lots of financial assets available for achieving your goals and many other assets. It is good news for everyone that technological advancement makes the entire investing process much simpler. If you plan to invest in stocks, it is essential to monitor your stock market like stock market news live constantly.
Why opt for online trading?
Trading in a securely market does not only save time but also increase your convenience with online trading. There is no need for hiring professionals to start online trading. It is because the trading platforms are friendly and make things simpler for traders and investors. Anyone can perform transactions in the stock market via their smartphone. The most important thing about the online trading platform is that it let you trade or cancels orders quickly from your house. By using this facility, you can make a trading decision by yourself without hiring any broker.
Make online trading simpler
One of the most important reasons to choose the best trading platform is that it brings you all the required assistance and support. Apart from that, you can get free stock related details, research reports, trading reports, market news, stock price analysis, and much more. You can sell or buy the shares only when you have an internet facility and a trading account. Along with this, you can even trade in the commodity, currency, and much within a single trading site. Here, you can perform trading without facing any challenges because it enables fast and secure trading.
Guide on selecting the trading platforms
The trading platforms can revolutionize the method trading is performed. If you want to enjoy all these great conveniences, you can download the best trading app to your mobile to start trading. Choosing the right trading software is not a simple task because there are numerous choices available to pick. When it comes to the Webull trading platform, it is effective stock software designed by keeping your needs in mind. Open a Zero Commission Brokerage Account today & get free stock. Open a Webull brokerage account and receive a free stock valued up to $250! Fund your account and receive second stock valued up to $1000!You can get access to useful, free, and intuitive tools across different platforms, including mobile app, web, and desktop.
If you want to check the relevant information about nysearca uvxy stocks, you can search the corresponding stock target on webull's official website, in which you can find the latest stock prices and trends of them.
Why opt for online trading?
Trading in a securely market does not only save time but also increase your convenience with online trading. There is no need for hiring professionals to start online trading. It is because the trading platforms are friendly and make things simpler for traders and investors. Anyone can perform transactions in the stock market via their smartphone. The most important thing about the online trading platform is that it let you trade or cancels orders quickly from your house. By using this facility, you can make a trading decision by yourself without hiring any broker.
Make online trading simpler
One of the most important reasons to choose the best trading platform is that it brings you all the required assistance and support. Apart from that, you can get free stock related details, research reports, trading reports, market news, stock price analysis, and much more. You can sell or buy the shares only when you have an internet facility and a trading account. Along with this, you can even trade in the commodity, currency, and much within a single trading site. Here, you can perform trading without facing any challenges because it enables fast and secure trading.
Guide on selecting the trading platforms
The trading platforms can revolutionize the method trading is performed. If you want to enjoy all these great conveniences, you can download the best trading app to your mobile to start trading. Choosing the right trading software is not a simple task because there are numerous choices available to pick. When it comes to the Webull trading platform, it is effective stock software designed by keeping your needs in mind. Open a Zero Commission Brokerage Account today & get free stock. Open a Webull brokerage account and receive a free stock valued up to $250! Fund your account and receive second stock valued up to $1000!You can get access to useful, free, and intuitive tools across different platforms, including mobile app, web, and desktop.
If you want to check the relevant information about nysearca uvxy stocks, you can search the corresponding stock target on webull's official website, in which you can find the latest stock prices and trends of them.
Wednesday, November 27, 2019
Keep an eye out for other fees in stock trading
Some brokers are emphasizing that there's more to investing than stocks and ETFs — and that these offerings can bring in new revenue.
TradeStation — which also just eliminated commissions — is planning to launch crypto trading later this month, said John Bartleman, the company's president. Unlike its free stock trading platform, TradeStation will charge small commissions to trade bitcoin, ethereum, ripple/XRP and several other cryptocurrencies.
"We're going after serious traders with a competitive offering," Bartleman said, adding that the company may eventually launch a crypto trading product for retail investors without commissions.
Webull, another commission-free online trading platform, makes money from lending products, such as margin loans to customers who want to borrow money to buy more stocks, according to CEO Anthony Denier. Webull also issues stock loans to short sellers who sell borrowed shares with the hopes of buying the stock back at a lower price. Webull also generates fees from routing orders to the exchanges.
"Now that the playing field is level, we have to go back to what broker-dealers are supposed to do: offer a better platform and customer experience. Consumers have so much more power these days," Denier said.
Brokers to act more like banks?
Industry participants said all brokers are going to have to start offering more services if they want to stay competitive.
"For every broker out there, trying to sell services with explicit fees is going to be almost impossible. The next frontier will be centered around providing more financial well-being solutions — expanding beyond just brokerage products," said Bill Capuzzi, CEO of Apex Clearing, a custodian firm that holds securities for brokerage firms.
Capuzzi said brokerages may look to take on more deposits and offer debt consolidation loans, for example.
"The brokerages need to connect the dots between banking, investing and lending," he said.
Capuzzi added that an unintended consequence of a growing number of brokerages offering zero commission trading accounts is that they may tack on larger minimum account balance and cash requirements and reduce the number of ETF and mutual fund options to make up for the hit to fee revenue.
The one major online broker that has yet to cut commissions to zero is mutual fund giant Fidelity. The company touts how it offers a higher rate of return to customers by automatically putting their excess cash into higher-yielding money market accounts — a service known as a cash sweep.
"It's interesting that Schwab, TD Ameritrade and E-Trade have deliberately chosen not to help the greatest number of their investors by automatically providing the highest interest rate on their cash sweep like Fidelity does," the company said in a statement to CNN Business.
So even though the race to zero is now pretty much over, the online brokerage marketing wars may have only just begun.
TradeStation — which also just eliminated commissions — is planning to launch crypto trading later this month, said John Bartleman, the company's president. Unlike its free stock trading platform, TradeStation will charge small commissions to trade bitcoin, ethereum, ripple/XRP and several other cryptocurrencies.
"We're going after serious traders with a competitive offering," Bartleman said, adding that the company may eventually launch a crypto trading product for retail investors without commissions.
Webull, another commission-free online trading platform, makes money from lending products, such as margin loans to customers who want to borrow money to buy more stocks, according to CEO Anthony Denier. Webull also issues stock loans to short sellers who sell borrowed shares with the hopes of buying the stock back at a lower price. Webull also generates fees from routing orders to the exchanges.
"Now that the playing field is level, we have to go back to what broker-dealers are supposed to do: offer a better platform and customer experience. Consumers have so much more power these days," Denier said.
Brokers to act more like banks?
Industry participants said all brokers are going to have to start offering more services if they want to stay competitive.
"For every broker out there, trying to sell services with explicit fees is going to be almost impossible. The next frontier will be centered around providing more financial well-being solutions — expanding beyond just brokerage products," said Bill Capuzzi, CEO of Apex Clearing, a custodian firm that holds securities for brokerage firms.
Capuzzi said brokerages may look to take on more deposits and offer debt consolidation loans, for example.
"The brokerages need to connect the dots between banking, investing and lending," he said.
Capuzzi added that an unintended consequence of a growing number of brokerages offering zero commission trading accounts is that they may tack on larger minimum account balance and cash requirements and reduce the number of ETF and mutual fund options to make up for the hit to fee revenue.
The one major online broker that has yet to cut commissions to zero is mutual fund giant Fidelity. The company touts how it offers a higher rate of return to customers by automatically putting their excess cash into higher-yielding money market accounts — a service known as a cash sweep.
"It's interesting that Schwab, TD Ameritrade and E-Trade have deliberately chosen not to help the greatest number of their investors by automatically providing the highest interest rate on their cash sweep like Fidelity does," the company said in a statement to CNN Business.
So even though the race to zero is now pretty much over, the online brokerage marketing wars may have only just begun.
Wednesday, November 20, 2019
Online Stock Trading is Free Now
New York (CNN Business)There is no such thing as a "discount broker" anymore. In the span of just a few days, nearly every major online brokerage company eliminated commissions. It's now essentially free to trade.
So what will companies like Charles Schwab (SCHW), TD Ameritrade (AMTD) and E-Trade (ETFC) do now to differentiate themselves in an increasingly crowded market where price is no longer a selling point?
"In a world of equal footing, it's all about what you are offering," said Steve Quirk, TD Ameritade executive vice president of trading and education, in an interview with CNN Business.
Quirk said that there is more to investing than just free commissions. He argues that TD Ameritrade offers more services and advice than many of its rivals to help people who have questions about what types of stocks and ETFs to buy.
E-Trade touted its customer service and easy-to-use technology. The company recently launched a service that lets clients use Google Assistant Voice commands to check their brokerage accounts, for example.
Brokers need to tout products that go beyond zero commission trading
"Price really hasn't been a competitive differentiator for some time, and we have always believed it's about the customer experience more than anything else," said Alice Milligan, chief customer officer for E-Trade, in an e-mail to CNN Business.
Schwab was not immediately available for comment for this story.
Online brokerage business growing increasingly crowded
Competition in the industry remains brutal.
Several other companies have announced plans for brokerage services with no commissions in the past week. And many are adding their own twist to try and stand out from the pack.
Robinhood, one of the first online brokers to go to zero commissions when it launched in 2013, put out an ad this past weekend about the moves made by Schwab, TD Ameritrade and E-Trade. The tagline: Change Doesn't Happen Overnight Until it Does.
Ally Financial's (ALLY) online brokerage arm Ally Invest touted portfolios that allow risk-averse investors to hold up to 30% of their money in cash, for example.
Stocktwits, a social networking firm for traders, launched its own no-fee online brokerage offering too. Phil Pearlman, chief community officer for Stocktwits, said the company hopes to take advantage of the fact that younger traders want to share ideas. So as part of its Trade App online brokerage, users can post — or "tradecast" their history of trades.
"This is the heart of social trading. You make a trade and it's there for your followers to see. It's a trusted ledger of your trading history," Pearlman said.
Stocktwits is also offering fractional trading, which lets people invest as little as $5 to buy a small percentage of a stock instead of a full share. That can come handy in for someone that doesn't have a lot of disposable income to invest and wants to buy a piece of a company like Amazon (AMZN) or Google owner Alphabet (GOOGL), which each trade for more than $1,000 for just one share.
So what will companies like Charles Schwab (SCHW), TD Ameritrade (AMTD) and E-Trade (ETFC) do now to differentiate themselves in an increasingly crowded market where price is no longer a selling point?
"In a world of equal footing, it's all about what you are offering," said Steve Quirk, TD Ameritade executive vice president of trading and education, in an interview with CNN Business.
Quirk said that there is more to investing than just free commissions. He argues that TD Ameritrade offers more services and advice than many of its rivals to help people who have questions about what types of stocks and ETFs to buy.
E-Trade touted its customer service and easy-to-use technology. The company recently launched a service that lets clients use Google Assistant Voice commands to check their brokerage accounts, for example.
Brokers need to tout products that go beyond zero commission trading
"Price really hasn't been a competitive differentiator for some time, and we have always believed it's about the customer experience more than anything else," said Alice Milligan, chief customer officer for E-Trade, in an e-mail to CNN Business.
Schwab was not immediately available for comment for this story.
Online brokerage business growing increasingly crowded
Competition in the industry remains brutal.
Several other companies have announced plans for brokerage services with no commissions in the past week. And many are adding their own twist to try and stand out from the pack.
Robinhood, one of the first online brokers to go to zero commissions when it launched in 2013, put out an ad this past weekend about the moves made by Schwab, TD Ameritrade and E-Trade. The tagline: Change Doesn't Happen Overnight Until it Does.
Ally Financial's (ALLY) online brokerage arm Ally Invest touted portfolios that allow risk-averse investors to hold up to 30% of their money in cash, for example.
Stocktwits, a social networking firm for traders, launched its own no-fee online brokerage offering too. Phil Pearlman, chief community officer for Stocktwits, said the company hopes to take advantage of the fact that younger traders want to share ideas. So as part of its Trade App online brokerage, users can post — or "tradecast" their history of trades.
"This is the heart of social trading. You make a trade and it's there for your followers to see. It's a trusted ledger of your trading history," Pearlman said.
Stocktwits is also offering fractional trading, which lets people invest as little as $5 to buy a small percentage of a stock instead of a full share. That can come handy in for someone that doesn't have a lot of disposable income to invest and wants to buy a piece of a company like Amazon (AMZN) or Google owner Alphabet (GOOGL), which each trade for more than $1,000 for just one share.
Thursday, November 14, 2019
These Are The Stocks Being Traded By Some Of The Top Traders On Webull
The WeTrader Paper Trading Competition is a 5-week paper trading contest hosted by the zero-commission trading platform Webull. The 70 contestants—the top 10 portfolios from each weekly round of the contest and 50 of the most popular participants—are vying for the grand prize of either $40,000 in student debt payments or a new Tesla Motors Inc. (NASDAQ: TSLA) Model 3. A portion of the paper profits will also be donated to Shriners Hospitals for Children.
The Grand Prize Round of the Webull WeTrader Paper Trading Competition ends Friday at the closing bell, and the 70 traders in the last round have one more afternoon to turn $100,000 into as much money as possible.
Keeping with previous weeks, a lot of the action has centered around companies reporting earnings for the previous quarter. Most traders appear to be scalping for short-term gains as well.
As the final day of the challenge heads towards the close, let's take a look at the traders in the lead. (All return figures are as of the November 8 open.)
First Place
Webull Handle: Tycoon
Webull Handle: Tycoon
Total Profits: $92,000 (up 39% in Championship Round)
Stocks Actively Traded: Tycoon has made the bulk of his profits trading earnings reports after hours. This includes names like Booking Holdings Inc (NASDAQ: BKNG), Walt Disney Co (NYSE: DIS), CVS Health Corp (NYSE: CVS
) and HubSpot Inc (NYSE: HUBS). Two of his most frequent targets have been Nektar Therapeutics (NASDAQ: NKTR) and Qualcomm, Inc. (NASDAQ: QCOM). Tycoon bought and sold between 1,500-2,000 shares of NKTR 9 times on Nov. 6, as the stock oscillated between $18-$19 after hours on earnings. He also bought and sold between 300-413 shares of Qualcomm eight times after hours that day, as the stock traded between $84-$89 on earnings.
) and HubSpot Inc (NYSE: HUBS). Two of his most frequent targets have been Nektar Therapeutics (NASDAQ: NKTR) and Qualcomm, Inc. (NASDAQ: QCOM). Tycoon bought and sold between 1,500-2,000 shares of NKTR 9 times on Nov. 6, as the stock oscillated between $18-$19 after hours on earnings. He also bought and sold between 300-413 shares of Qualcomm eight times after hours that day, as the stock traded between $84-$89 on earnings.
Second Place:
Webull Handle: anonymous
Webull Handle: anonymous
Total Profits: $38,000 (up 22% in Championship Round)
Stocks Actively Traded: The current runner-up has also traded heavily around earnings, including names like Activision Blizzard (NASDAQ: ATVI), Dropbox Inc (NASDAQ: DBX), Rosetta Stone Inc (NYSE: RST), and Plantronics Inc (NYSE: PLT). A Shake Shack Inc (NYSE: SHAK) short on Nov. 5 and Collegium Pharmaceutical (NASDAQ: COLL) long on Nov. 7 also contributed to the portfolio's strong performance.
Third Place
Webull Handle: anonymous
Webull Handle: anonymous
Total Profits: $37,000 in profits (18% return)
Stocks Actively Traded: The current third-place trader seems to have targeted more lower-priced names than the other traders at the top of the leaderboard. This includes names like PC&G Corporation (NYSE: PCG), Lions Gate Entertainment (NYSE: LGF), Party City (NYSE: PRTY), ANGI Homeservices (NASDAQ: ANGI), Range Resources Corp (NYSE: RRC), and Encana Corp (NYSE: ECA).
Webull is a content partner of Benzinga
This promotion is in no way sponsored, endorsed, or administered by, or associated with Benzinga. By participating in the WeTrader Competition you are providing information to Webull and not to any other party. The information provided will be used in conjunction with the following Privacy Policy found at https://www.webull.com/policy
No content on the Benzinga website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website are for reference only and no historical data shall be considered as the basis for judging future trends.
No content on the Benzinga website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website are for reference only and no historical data shall be considered as the basis for judging future trends.
https://www.benzinga.com/trading-ideas/long-ideas/19/11/14769611/these-are-the-stocks-being-traded-by-some-of-the-top-traders-on-webull
Wednesday, November 6, 2019
Top Investment Platform, Webull, Debuts IRA Offering
Webull Financial LLC, an independent, self-directed broker dealer focused on zero commission trading and in-depth market data, announces today its new Individual Retirement Account (IRA) offering. The latest offering allows Webull users to access their IRA right from their fingertips, and diversity their retirement portfolio through individual investments they are able to choose and control.
"With the introduction of Webull IRA, we are utilizing our innovative technology to provide users with the power to choose their own investments for their future," said Anthony Denier, CEO of Webull. "Our easy-to-use platform allows individuals to have more direct control over their retirement fund and ultimately, play a larger role in shaping their long-term finances."
Webull's IRA, which users can open by downloading the Webull app, supports Traditional, Roth and Roll Over IRAs, and can be funded through annual contributions, roll-over and direct roll over contributions, or a transfer from trustee to trustee.
New and current Webull users who are interested in opening an IRA with the investment platform can earn up to $1,500 in Amazon gift cards by transferring up to $500,000 into their IRA within the first 45 days of opening the account.
You will require a brokerage account in order to open an IRA. New brokerage account holders can also earn an account opening stock, and if they make an initial deposit of $100 or more, they'll receive a 2nd free stock.
There are also no opening, annual, or closing fees associated with Webull's IRA. At age 59 and a half, IRA holders are entitled to receive distributions without any penalty. To withdraw funds, the platform supports ACH, Wire, and ACATs.
Webull aims to offer an excellent experience to its users through an all-in-one, self-directed investment platform, as well as offering advanced and intelligent investment tools and services. Its multi-platform accessibility is designed for beginner, intermediate and advanced traders, providing users with zero commission trading, free real-time quotes (provided by NASDAQ), extended trading hours, 24/7 online help, and much more.
For more information on Webull's IRA offering, please visit www.webull.com
About Webull Financial LLC
Webull Financial LLC is a broker-dealer registered with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). The headquarters of Webull Financial LLC is located at 44 Wall Street, New York, NY, USA.
Risk Disclosure: System response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors. Trading of stocks and all other investment products involves substantial risk of loss and it is not suitable for every investor. The value of stocks may fluctuate and as a result, clients may lose more than their original investment. Commission free stock trading refers to zero commission for Webull Financial LLC self-directed individual cash or margin brokerage accounts that trade U.S. listed securities via mobile devices or Web. Relevant SEC & FINRA fees may apply. Download the Webull stock trading app in the Apple App store or Google Android Store for free.
Webull does not provide tax advice. Taxes related to Webull Financials LLC are your responsibility. All promotional items and cash received during the calendar year will be included on your consolidated form 1099. Please consult a legal or tax advisor for the most recent changes to the U.S. tax code and for rollover eligibility rules.
For Webull's terms and conditions, please visit https://www.webull.com/policy.
SOURCE Webull Financial LLC
Tuesday, October 29, 2019
Schwab's Zero Commission Bombshell: So What's Next For Fintech?
In 1971, Charles Schwab launched a traditional brokerage firm. But the business did not take off until 1975, when the SEC ended fixed-rate commissions. Schwab knew that the future would be about the discount brokerage model.
To pull this off, he needed to invest heavily in technology, such as with online brokerage systems. Over the years, as the platforms changed–such as from proprietary services like AOL to the Internet to mobile apps–Schwab somehow found ways to adapt.
And yes, even though he is now 82, he still seems to be far from finished. This week his firm announced that commissions on US stock, options and ETFs will be $0.
"It's encouraging in the broader context of corporate purpose and sustainability to see a firm stay true to its purpose and passion of making investing more affordable,"said Geoff Cole, who is the fintech senior manager with Grant Thornton.
Now for the traditional brokerage industry, the impact is certainly ominous. There will need to be a way to make up for the lost revenues, such as by innovating new services. There will also likely be more layoffs.
"Online brokers are already under pressure due to this year's interest rate cuts,"said Arielle O'Shea, who is the investing and retirement specialist at NerdWallet. "Many generate revenue from banking divisions, or from interest earned on idle cash. Schwab is likely hoping this move will attract enough new assets to make up for that narrowing margin as well as the lost revenue from commissions.”
A Reckoning For Fintech Too?
Schwab's move is a validation of the fintech industry, especially with the impact from the fast-growing Robinhood. The startups in the space have advantages like starting from a bank slate as well as having access to enormous amounts of venture capital.
"We've certainly seen that the rise of customer-centric fintech companies has pushed the industry in a more client-friendly direction, and part of that is lower fees,"said Adam Grealish, who is the Director of Investing at Betterment. "Fintech companies use technology to achieve lower operating costs and are able to pass the savings on to customers. This has forced incumbents to follow suit.”
Yet this is not to imply that fintechs are immune from challenges. Let's face it, traditional brokers have inherent advantages, such as strong infrastructures, diverse service offerings and trusted brands. And besides, millions of people like talking to experts when it comes to their wealth.
"Unfortunately, I think in the short-term you will certainly see some attrition and consolidation among the start-ups whose sole selling point was free trading,"said Anthony Denier, who is the CEO of Webull. "There is more to investing than cost.”
The zero-commission strategy may actually be a tipping point, giving traditional brokers an edge in customer acquisition. According to a J.D. Power survey of self-directed (DIY) investors, the No. 1 reason for selecting a firm was "low fees.”
"This creates a challenge for fintechs,"said Mike Foy, who is a Senior Director of Wealth Management Practice at J.D. Power. "They will need to work harder to differentiate themselves from incumbents to continue to attract new investors seeking a low-cost provider.”
While fintechs have been innovators– such as with compelling UIs–there will probably need to be much more. For the most part, the history of financial services is about relentless commoditization. And it's been firms with massive scale, like Schwab, that have been able to thrive. This will likely be the case with fintechs as well.
Yet despite all this, the ultimate impact should positive, encouraging more and more competition. "In the end, the consumer wins,"said Steven Nuckols, who is the president and founder of Wealth Compass Financial.
Source Link：https://www.forbes.com/sites/tomtaulli/2019/10/05/schwabs-zero-commission-bombshell--so-whats-next-for-fintech/#1b33269577f8
To pull this off, he needed to invest heavily in technology, such as with online brokerage systems. Over the years, as the platforms changed–such as from proprietary services like AOL to the Internet to mobile apps–Schwab somehow found ways to adapt.
And yes, even though he is now 82, he still seems to be far from finished. This week his firm announced that commissions on US stock, options and ETFs will be $0.
"It's encouraging in the broader context of corporate purpose and sustainability to see a firm stay true to its purpose and passion of making investing more affordable,"said Geoff Cole, who is the fintech senior manager with Grant Thornton.
Now for the traditional brokerage industry, the impact is certainly ominous. There will need to be a way to make up for the lost revenues, such as by innovating new services. There will also likely be more layoffs.
"Online brokers are already under pressure due to this year's interest rate cuts,"said Arielle O'Shea, who is the investing and retirement specialist at NerdWallet. "Many generate revenue from banking divisions, or from interest earned on idle cash. Schwab is likely hoping this move will attract enough new assets to make up for that narrowing margin as well as the lost revenue from commissions.”
A Reckoning For Fintech Too?
Schwab's move is a validation of the fintech industry, especially with the impact from the fast-growing Robinhood. The startups in the space have advantages like starting from a bank slate as well as having access to enormous amounts of venture capital.
"We've certainly seen that the rise of customer-centric fintech companies has pushed the industry in a more client-friendly direction, and part of that is lower fees,"said Adam Grealish, who is the Director of Investing at Betterment. "Fintech companies use technology to achieve lower operating costs and are able to pass the savings on to customers. This has forced incumbents to follow suit.”
Yet this is not to imply that fintechs are immune from challenges. Let's face it, traditional brokers have inherent advantages, such as strong infrastructures, diverse service offerings and trusted brands. And besides, millions of people like talking to experts when it comes to their wealth.
"Unfortunately, I think in the short-term you will certainly see some attrition and consolidation among the start-ups whose sole selling point was free trading,"said Anthony Denier, who is the CEO of Webull. "There is more to investing than cost.”
The zero-commission strategy may actually be a tipping point, giving traditional brokers an edge in customer acquisition. According to a J.D. Power survey of self-directed (DIY) investors, the No. 1 reason for selecting a firm was "low fees.”
"This creates a challenge for fintechs,"said Mike Foy, who is a Senior Director of Wealth Management Practice at J.D. Power. "They will need to work harder to differentiate themselves from incumbents to continue to attract new investors seeking a low-cost provider.”
While fintechs have been innovators– such as with compelling UIs–there will probably need to be much more. For the most part, the history of financial services is about relentless commoditization. And it's been firms with massive scale, like Schwab, that have been able to thrive. This will likely be the case with fintechs as well.
Yet despite all this, the ultimate impact should positive, encouraging more and more competition. "In the end, the consumer wins,"said Steven Nuckols, who is the president and founder of Wealth Compass Financial.
Source Link：https://www.forbes.com/sites/tomtaulli/2019/10/05/schwabs-zero-commission-bombshell--so-whats-next-for-fintech/#1b33269577f8
Tuesday, October 22, 2019
Webull is an online trading platform that offers stock trading with zero commission fees
Webull is a stock trading app that supports trading via mobile, web and personal computers. The company's legal name is Webull Financial LLC. They are a registered broker-dealer with the SEC and a member of FINRA and SIPC. The company was founded in 2016 and is a privately held, venture capital-backed company. Trades occurring in the platform are cleared by APEX Clearing Corporation.
1 Minute Webull Review
Webull is a robust self-directed trading platform designed for the active and intermediate or experienced trader, however, some beginner traders can also benefit from the platform. Features include commission-free trades in U.S. Listed Equities, exchange-traded funds (ETFs), and foreign companies through ADRs. Brokerage services are provided by Webull Financial LLC, a registered broker-dealer with the SEC, and a member of FINRA and the SIPC.
Webull offers a comprehensive toolset: technical indicators, economic calendars, ratings from research agencies, margin trading and short-selling. Additionally, Webull offers community participation through a forum and competitions to educate and engage traders.
Webull helps you perform both fundamental and technical analysis:
Access to analyst recommendations, revenue and historical earnings per share data
Get key statistics, insider trades, stock quotes and information such as earnings, dividends and stock splits
Feeds to track news that could affect your stocks
Provides a real-time bar and line charts: time frames ranging from 1 to 60 minutes and historical data set going back in the past 5 years or more.
Use popular indicators such as Bollinger Bands, MACD, and more
Why Use Webull
If you've wanted to use a free trading platform that's suitable for day trading and has access to fundamental and technical information, then Webull is the app for you. Webull might be a bit more robust for beginner traders but you can quickly get used to the platform and make your first purchase and trade in minutes. Do you want to do a bit more research before buying/selling? Use the app features to make a better decision when to buy, sell, and hold. Webull is also a very good app for those who want access to a community of traders that share information. The community is currently available on mobile only.
Smile Summary: My Personal Webull Review After 90 Days
I've used Webull for about 3 months and it's not for the faint of heart. I am an investor, not a trader. I also have a moderate understanding of trading and initially found the app overwhelming. That's until I started playing around with the app and began utilizing their paper trade competitions. Webull does a great job of getting newbie traders comfortable with the platform. It's great that there are no commissions on trades and zero minimum balance requirements. I've made a couple of trades. My favorite part is access to all the research tools and really enjoy the community aspect that sets Webull apart from the competition.
This article come from: https://www.phroogal.com/review-webull-free-stock-trading
Webull is a stock trading app that supports trading via mobile, web and personal computers. The company's legal name is Webull Financial LLC. They are a registered broker-dealer with the SEC and a member of FINRA and SIPC. The company was founded in 2016 and is a privately held, venture capital-backed company. Trades occurring in the platform are cleared by APEX Clearing Corporation.
1 Minute Webull Review
Webull is a robust self-directed trading platform designed for the active and intermediate or experienced trader, however, some beginner traders can also benefit from the platform. Features include commission-free trades in U.S. Listed Equities, exchange-traded funds (ETFs), and foreign companies through ADRs. Brokerage services are provided by Webull Financial LLC, a registered broker-dealer with the SEC, and a member of FINRA and the SIPC.
Webull offers a comprehensive toolset: technical indicators, economic calendars, ratings from research agencies, margin trading and short-selling. Additionally, Webull offers community participation through a forum and competitions to educate and engage traders.
Webull helps you perform both fundamental and technical analysis:
Access to analyst recommendations, revenue and historical earnings per share data
Get key statistics, insider trades, stock quotes and information such as earnings, dividends and stock splits
Feeds to track news that could affect your stocks
Provides a real-time bar and line charts: time frames ranging from 1 to 60 minutes and historical data set going back in the past 5 years or more.
Use popular indicators such as Bollinger Bands, MACD, and more
Why Use Webull
If you've wanted to use a free trading platform that's suitable for day trading and has access to fundamental and technical information, then Webull is the app for you. Webull might be a bit more robust for beginner traders but you can quickly get used to the platform and make your first purchase and trade in minutes. Do you want to do a bit more research before buying/selling? Use the app features to make a better decision when to buy, sell, and hold. Webull is also a very good app for those who want access to a community of traders that share information. The community is currently available on mobile only.
Smile Summary: My Personal Webull Review After 90 Days
I've used Webull for about 3 months and it's not for the faint of heart. I am an investor, not a trader. I also have a moderate understanding of trading and initially found the app overwhelming. That's until I started playing around with the app and began utilizing their paper trade competitions. Webull does a great job of getting newbie traders comfortable with the platform. It's great that there are no commissions on trades and zero minimum balance requirements. I've made a couple of trades. My favorite part is access to all the research tools and really enjoy the community aspect that sets Webull apart from the competition.
This article come from: https://www.phroogal.com/review-webull-free-stock-trading
Monday, October 21, 2019
Webull Free Stock Trading with Real-Time Stock Market 2019
Webull is an online trading platform that offers stock trading with zero commission fees
Webull is a stock trading app that supports trading via mobile, web and personal computers. The company's legal name is Webull Financial LLC. They are a registered broker-dealer with the SEC and a member of FINRA and SIPC. The company was founded in 2016 and is a privately held, venture capital-backed company. Trades occurring in the platform are cleared by APEX Clearing Corporation.
1 Minute Webull Review
Webull is a robust self-directed trading platform designed for the active and intermediate or experienced trader, however, some beginner traders can also benefit from the platform. Features include commission-free trades in U.S. Listed Equities, exchange-traded funds (ETFs), and foreign companies through ADRs. Brokerage services are provided by Webull Financial LLC, a registered broker-dealer with the SEC, and a member of FINRA and the SIPC.
Webull offers a comprehensive toolset: technical indicators, economic calendars, ratings from research agencies, margin trading and short-selling. Additionally, Webull offers community participation through a forum and competitions to educate and engage traders.
Webull helps you perform both fundamental and technical analysis:
Access to analyst recommendations, revenue and historical earnings per share data
Get key statistics, insider trades, stock quotes and information such as earnings, dividends and stock splits
Feeds to track news that could affect your stocks
Provides a real-time bar and line charts: time frames ranging from 1 to 60 minutes and historical data set going back in the past 5 years or more.
Use popular indicators such as Bollinger Bands, MACD, and more
Why Use Webull
If you've wanted to use a free trading platform that's suitable for day trading and has access to fundamental and technical information, then Webull is the app for you. Webull might be a bit more robust for beginner traders but you can quickly get used to the platform and make your first purchase and trade in minutes. Do you want to do a bit more research before buying/selling? Use the app features to make a better decision when to buy, sell, and hold. Webull is also a very good app for those who want access to a community of traders that share information. The community is currently available on mobile only.
Smile Summary: My Personal Webull Review After 90 Days
I've used Webull for about 3 months and it's not for the faint of heart. I am an investor, not a trader. I also have a moderate understanding of trading and initially found the app overwhelming. That's until I started playing around with the app and began utilizing their paper trade competitions. Webull does a great job of getting newbie traders comfortable with the platform. It's great that there are no commissions on trades and zero minimum balance requirements. I've made a couple of trades. My favorite part is access to all the research tools and really enjoy the community aspect that sets Webull apart from the competition.
This article come from: https://www.phroogal.com/review-webull-free-stock-trading
Webull is a stock trading app that supports trading via mobile, web and personal computers. The company's legal name is Webull Financial LLC. They are a registered broker-dealer with the SEC and a member of FINRA and SIPC. The company was founded in 2016 and is a privately held, venture capital-backed company. Trades occurring in the platform are cleared by APEX Clearing Corporation.
1 Minute Webull Review
Webull is a robust self-directed trading platform designed for the active and intermediate or experienced trader, however, some beginner traders can also benefit from the platform. Features include commission-free trades in U.S. Listed Equities, exchange-traded funds (ETFs), and foreign companies through ADRs. Brokerage services are provided by Webull Financial LLC, a registered broker-dealer with the SEC, and a member of FINRA and the SIPC.
Webull offers a comprehensive toolset: technical indicators, economic calendars, ratings from research agencies, margin trading and short-selling. Additionally, Webull offers community participation through a forum and competitions to educate and engage traders.
Webull helps you perform both fundamental and technical analysis:
Access to analyst recommendations, revenue and historical earnings per share data
Get key statistics, insider trades, stock quotes and information such as earnings, dividends and stock splits
Feeds to track news that could affect your stocks
Provides a real-time bar and line charts: time frames ranging from 1 to 60 minutes and historical data set going back in the past 5 years or more.
Use popular indicators such as Bollinger Bands, MACD, and more
Why Use Webull
If you've wanted to use a free trading platform that's suitable for day trading and has access to fundamental and technical information, then Webull is the app for you. Webull might be a bit more robust for beginner traders but you can quickly get used to the platform and make your first purchase and trade in minutes. Do you want to do a bit more research before buying/selling? Use the app features to make a better decision when to buy, sell, and hold. Webull is also a very good app for those who want access to a community of traders that share information. The community is currently available on mobile only.
Smile Summary: My Personal Webull Review After 90 Days
I've used Webull for about 3 months and it's not for the faint of heart. I am an investor, not a trader. I also have a moderate understanding of trading and initially found the app overwhelming. That's until I started playing around with the app and began utilizing their paper trade competitions. Webull does a great job of getting newbie traders comfortable with the platform. It's great that there are no commissions on trades and zero minimum balance requirements. I've made a couple of trades. My favorite part is access to all the research tools and really enjoy the community aspect that sets Webull apart from the competition.
This article come from: https://www.phroogal.com/review-webull-free-stock-trading
Tuesday, October 15, 2019
Trader Toolkit: Institutional Holdings
With more and more trading platforms and the growing allure of low-to-no-fee brokerages, new traders are confronted with a deluge of options when it comes to trading and investing. But lost in the promises of sleek interfaces and free shares for signing up is the fact that successful trading takes time, practice and an understanding of resources experienced traders use on a daily basis.
With that in mind, we're going to use this new series of articles to take a look at the charts, ratios and indicators that play an integral role in how traders generate ideas and form convictions on their medium- or short-term trades. To do that, we'll be using the charts and tools available on the Webull stock trading app, which offers traders access to real, commission free trading in addition to a suite of advanced trading analysis and charting.
With another earnings season approaching, traders' minds are gradually beginning to shift back to the thrilling world of SEC filings.
However, beyond top- and bottom-line earnings figures, there is another bit of intrigue playing out in the manila-colored world of the SEC in the form of 13F filings, which reveal how the major investment institutions have adjusted their portfolios in the previous quarter and provide retail traders valuable insight into the institutional holdings of some of the biggest market makers.
As the name suggests, institutional holdings refer to the equity positions of institutional trading operations, which includes everything from major banks and brokerages to mutual funds and insurance companies. Essentially, an institution covers any organization that uses its own capital to trade or have others trade for them.
Because these operations readjust their holdings on a fairly regular basis, and those holdings are generally sizeable, knowing when institutions increase their exposure to a particular stock, industry or sector can provide traders some insight into how the major market movers are positioning themselves.
As an example of how this information is disseminated and how a trader might be able to apply it to his or her own strategy, let's take a look at the institutional holding information on Twitter, Inc.
TWTR 1.49% using the no-fee day trading platform Webull.
Starting from the top, you can see the total amount of institutions that have a position in Twitter, followed by the number of shares in the hands of those institutions and, finally, the percentage of available shares that are in institutional portfolios. Below each of these figures is the overall change in those holdings from the most recent 13f reporting deadline, 45 days of the end of the prior quarter. From the above stock quotes information, it's obvious that institutions are increasingly bullish on the blue bird.
For a more detailed picture, the chart below shows the number of institutions that either increased or decreased their position, opened a new position or entirely sold out of their position, as well as the number of shares bought or sold in any of those scenarios. It's interesting to note that, while the number of institutions that either increased or started new positions in Twitter is relatively even with those that decreased or sold out of their positions, the number of shares on the bullish end of the equation is more than double the bearish contingent.
Finally, for those interested in finding diversified investments with a stake in Twitter, the app also lists the ETFs with the largest exposure to the social media company.
Although this summary data can be useful for individuals attempting to for a thesis or strategy around a particular stock, traders can also see how a specific institution or fund has allocated their shares of a stock.
In the case of the Webull research app, traders can view the top additions/decreases for each of the institutions that have a new or existing position in Twitter
Using this information traders can gain a top-down view of the institutional bullishness on any stock they might have an interest in taking a position in, which can help in strategically allocating their own portfolio.
While all of this information constitutes a static data point until the next 13F day, the information could be extremely useful in anticipating how a stock might react if a negative headline causes share price to fall, which may be exacerbated by an outsized institutional player looking to avoid a loss.
On the other hand, an investor might follow a particular fund's performance and try to replicate the success of that portfolio, Warren Buffet's Berkshire Hathaway and David Einhorn's Greenlight Capital each file reports that many investors pour over for information.
With that in mind, we're going to use this new series of articles to take a look at the charts, ratios and indicators that play an integral role in how traders generate ideas and form convictions on their medium- or short-term trades. To do that, we'll be using the charts and tools available on the Webull stock trading app, which offers traders access to real, commission free trading in addition to a suite of advanced trading analysis and charting.
With another earnings season approaching, traders' minds are gradually beginning to shift back to the thrilling world of SEC filings.
However, beyond top- and bottom-line earnings figures, there is another bit of intrigue playing out in the manila-colored world of the SEC in the form of 13F filings, which reveal how the major investment institutions have adjusted their portfolios in the previous quarter and provide retail traders valuable insight into the institutional holdings of some of the biggest market makers.
As the name suggests, institutional holdings refer to the equity positions of institutional trading operations, which includes everything from major banks and brokerages to mutual funds and insurance companies. Essentially, an institution covers any organization that uses its own capital to trade or have others trade for them.
Because these operations readjust their holdings on a fairly regular basis, and those holdings are generally sizeable, knowing when institutions increase their exposure to a particular stock, industry or sector can provide traders some insight into how the major market movers are positioning themselves.
As an example of how this information is disseminated and how a trader might be able to apply it to his or her own strategy, let's take a look at the institutional holding information on Twitter, Inc.
TWTR 1.49% using the no-fee day trading platform Webull.
Starting from the top, you can see the total amount of institutions that have a position in Twitter, followed by the number of shares in the hands of those institutions and, finally, the percentage of available shares that are in institutional portfolios. Below each of these figures is the overall change in those holdings from the most recent 13f reporting deadline, 45 days of the end of the prior quarter. From the above stock quotes information, it's obvious that institutions are increasingly bullish on the blue bird.
For a more detailed picture, the chart below shows the number of institutions that either increased or decreased their position, opened a new position or entirely sold out of their position, as well as the number of shares bought or sold in any of those scenarios. It's interesting to note that, while the number of institutions that either increased or started new positions in Twitter is relatively even with those that decreased or sold out of their positions, the number of shares on the bullish end of the equation is more than double the bearish contingent.
Finally, for those interested in finding diversified investments with a stake in Twitter, the app also lists the ETFs with the largest exposure to the social media company.
Although this summary data can be useful for individuals attempting to for a thesis or strategy around a particular stock, traders can also see how a specific institution or fund has allocated their shares of a stock.
In the case of the Webull research app, traders can view the top additions/decreases for each of the institutions that have a new or existing position in Twitter
Using this information traders can gain a top-down view of the institutional bullishness on any stock they might have an interest in taking a position in, which can help in strategically allocating their own portfolio.
While all of this information constitutes a static data point until the next 13F day, the information could be extremely useful in anticipating how a stock might react if a negative headline causes share price to fall, which may be exacerbated by an outsized institutional player looking to avoid a loss.
On the other hand, an investor might follow a particular fund's performance and try to replicate the success of that portfolio, Warren Buffet's Berkshire Hathaway and David Einhorn's Greenlight Capital each file reports that many investors pour over for information.
Tuesday, October 8, 2019
Got A Portfolio That Can't Be Beat? Webull Will Give You A Tesla Or Pay Down Your Student Loans If You Prove It
Beginning October 7, 2019, veteran and novice retail traders alike are invited to participate in the WeTrader Paper Trading Competition.
For the uninitiated, paper trading is an entirely simulated investing tool that traders use to experiment with complex and novel day trading strategies with zero risk to their real-world capital.
The contest, sponsored by zero-commission trading platform Webull, will take place over five weeks and is split into two parts.
The first part, the Professional Trading Competition, asks participants to experiment with their best portfolio strategies over four week-long rounds. Each trader will begin the first trading day of the week with $100,000 in simulated capital. At each week's closing bell, the top 10 best-performing portfolios will be awarded an Amazon.com, Inc. (NASDAQ: AMZN) gift card valued between $100 and $5,000 for the top prize.
In addition to the weekly awards, consistently profitable traders will be invited by Webull to contend in the Championship Competition, which carries a grand prize of either a Tesla Inc. (NASDAQ: TSLA) Model 3 S or a minimum $40,000 student loan payment to the trader with top-performing portfolio.
Although new traders might not have the sophistication of seasoned market watchers, novelty and originality could also pave the way to the championship. The weekly winners may secure their top spot through the success of their strategies, 30 additional participants will be enrolled in the final round based on how many likes their portfolio receives from others in the competition.
Finally, although traders of all stripes can look forward to sharpening their financial minds against each other for the chance to win these prizes, participants will also be contributing their investing efforts toward raising as much as $50,000 in donations to the Shriner's Children Hospital.
Below is a full breakdown of the competition dates and rules participants must follow in order to remain eligible. Traders can participate via the Webull mobile or desktop stock trading apps.
Additional information can be found on the competition homepage.
Professional Trading Competition
Round 1: October 7th – October 11th
Round 2: October 14th – October 18th
Round 3: October 21st – October 25th
Round 4: October 28th – November 1st
Championship Competition
Final Round: November 3rd – November 9th
Event Rules:
1. Trading will be open during regular market hours only (9:30 AM – 4:00 PM ET)
2. Users can place both market orders and limit orders
3. Users may only trade a single stock up to 10 times per day.
4. Users must trade more than three times and no more than 100 times per round
5. Users must own more than three unique stocks
6. Users may only trade stocks that have an average closing price above $5 in the trailing 30-day period
7. Users may only trade stocks with a market cap of at least $300 million
8. No single stock can make up more than 30% of a user's portfolio
9. Any evidence of automated trading or external plug-ins is considered cheating and will result in a ban from all present and future promotion
For the uninitiated, paper trading is an entirely simulated investing tool that traders use to experiment with complex and novel day trading strategies with zero risk to their real-world capital.
The contest, sponsored by zero-commission trading platform Webull, will take place over five weeks and is split into two parts.
The first part, the Professional Trading Competition, asks participants to experiment with their best portfolio strategies over four week-long rounds. Each trader will begin the first trading day of the week with $100,000 in simulated capital. At each week's closing bell, the top 10 best-performing portfolios will be awarded an Amazon.com, Inc. (NASDAQ: AMZN) gift card valued between $100 and $5,000 for the top prize.
In addition to the weekly awards, consistently profitable traders will be invited by Webull to contend in the Championship Competition, which carries a grand prize of either a Tesla Inc. (NASDAQ: TSLA) Model 3 S or a minimum $40,000 student loan payment to the trader with top-performing portfolio.
Although new traders might not have the sophistication of seasoned market watchers, novelty and originality could also pave the way to the championship. The weekly winners may secure their top spot through the success of their strategies, 30 additional participants will be enrolled in the final round based on how many likes their portfolio receives from others in the competition.
Finally, although traders of all stripes can look forward to sharpening their financial minds against each other for the chance to win these prizes, participants will also be contributing their investing efforts toward raising as much as $50,000 in donations to the Shriner's Children Hospital.
Below is a full breakdown of the competition dates and rules participants must follow in order to remain eligible. Traders can participate via the Webull mobile or desktop stock trading apps.
Additional information can be found on the competition homepage.
Professional Trading Competition
Round 1: October 7th – October 11th
Round 2: October 14th – October 18th
Round 3: October 21st – October 25th
Round 4: October 28th – November 1st
Championship Competition
Final Round: November 3rd – November 9th
Event Rules:
1. Trading will be open during regular market hours only (9:30 AM – 4:00 PM ET)
2. Users can place both market orders and limit orders
3. Users may only trade a single stock up to 10 times per day.
4. Users must trade more than three times and no more than 100 times per round
5. Users must own more than three unique stocks
6. Users may only trade stocks that have an average closing price above $5 in the trailing 30-day period
7. Users may only trade stocks with a market cap of at least $300 million
8. No single stock can make up more than 30% of a user's portfolio
9. Any evidence of automated trading or external plug-ins is considered cheating and will result in a ban from all present and future promotion
Sunday, September 29, 2019
Webull AnnouncesCompetition Aimed At Giving Back to Traders and Community
FIndependent Broker Dealer's Webull WeTrader Event, Which Helps College Grads Pay Off Their Loans& Benefits Shriners Hospitals for Children®,
Kicks Off On October 7th
Webull Financial LLC, an independent, self-directed broker dealer focused on zero commission stock trading and in-depth market data, has announced its inaugural Webull WeTrader Competition. Theevent,whichprovides amateur and veteran traders the chance to winprizes throughout the five week paper trading competition, officially runs from Monday, October 7th to Friday, November 8th. Registration opens today.
The Webull WeTrader Competition will be split into two parts – the Professional Trading Competition and the Grand Prize Round. The offering will allow green traders the ability to perfect their skills, and experienced traders a chance to enhance their strategies, all while working towards a larger goal.
“The WeTrader Competition gives traders the perfect opportunity to prove their proficiency with the full range of Webull trading tools at their disposal," said Anthony Denier, CEO of Webull. “We wanted to incentivize our users to improve their skills by presenting them with the opportunity to excel personally, while giving back to the community."
Each round of the Professional Trading Competition will consist of a one week trading period, with Amazon gift cards totaling at $10,800distributed amongstthe individuals with the top 10 most profitable portfolios weekly. The winners at the end of the initialfour-round competition will be invited to join the Grand Prize Round, where they will compete to win aTesla Model 3 Standard, or $40,000 to pay off their student loans, which continue to be a burden for many college graduates.
Participants can also gain entry into the Grand Prize Round by accumulating"likes" from other Webull users. The top 30 accounts to receive the most points on their trading profile will automatically be invited to the Grand Prize round.
As an added bonus, the total positive returns of all competition participants will be multiplied by 0.1%, and Webull will donate up to $50,000 of these returns to the Shriners Hospitals for Children®.
With the ultimate goal of transforming children's lives by providing exceptional healthcare through innovative research, Shriners Hospitals for Children®offers innovative pediatric specialty care, world-class research and outstanding medical education around the world.
Webull aims to offer an excellent experience to its users through an all-in-one, self-directed investment platform, as well as offering advanced and intelligent investment tools and services. Its multi-platform accessibility is designed for beginner, intermediate and advanced traders, providing users with zero commission day trading, free real-time quotes (provided by NASDAQ Last Sale data feed), extended trading hours, 24/7 online help, and much more.
Current Webull users, and those looking to participate, can register for the competition by visiting www.webull.com, where they can also view official competition rules and regulations. All participants must have a Webull account and have downloaded the Webull app, available in the Apple and Android stores. Participants who do not register by the October 6th registration deadline are able to join the competition week-by-week.
For more information, please visit www.webull.com/wetradercompetition.
About Webull Financial LLC
Webull Financial LLC is a broker-dealer registered with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). The headquarters of Webull Financial LLC is located at 44 Wall Street, New York, NY, USA.
Risk Disclosure: System response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors. Trading of stocks and all other investment products involves substantial risk of loss and it is not suitable for every investor. The value of stocks may fluctuate and as a result, clients may lose more than their original investment. Free stock trading refers to zero commission for Webull Financial LLC self-directed individual cash or margin brokerage accounts that trade U.S. listed securities via mobile devices or Web. Relevant SEC & FINRA fees may apply. Download the Webull stock trading app in the Apple App store or Google Android Store for free.
About Shriners Hospitals for Children®
Shriners Hospitals for Children is changing lives every day through innovative pediatric specialty care, world-class research and outstanding medical education. Our locations in the United States, Canada and Mexico provide advanced care for children with orthopaedic conditions, burns, spinal cord injuries, and cleft lip and palate.
Shriners Hospitals for Children is a 501(c)(3) nonprofit organization and relies on the generosity of donors. All donations are tax deductible to the fullest extent permitted by law. For more information, please visit shrinershospitalsforchildren.org.
Kicks Off On October 7th
Webull Financial LLC, an independent, self-directed broker dealer focused on zero commission stock trading and in-depth market data, has announced its inaugural Webull WeTrader Competition. Theevent,whichprovides amateur and veteran traders the chance to winprizes throughout the five week paper trading competition, officially runs from Monday, October 7th to Friday, November 8th. Registration opens today.
The Webull WeTrader Competition will be split into two parts – the Professional Trading Competition and the Grand Prize Round. The offering will allow green traders the ability to perfect their skills, and experienced traders a chance to enhance their strategies, all while working towards a larger goal.
“The WeTrader Competition gives traders the perfect opportunity to prove their proficiency with the full range of Webull trading tools at their disposal," said Anthony Denier, CEO of Webull. “We wanted to incentivize our users to improve their skills by presenting them with the opportunity to excel personally, while giving back to the community."
Each round of the Professional Trading Competition will consist of a one week trading period, with Amazon gift cards totaling at $10,800distributed amongstthe individuals with the top 10 most profitable portfolios weekly. The winners at the end of the initialfour-round competition will be invited to join the Grand Prize Round, where they will compete to win aTesla Model 3 Standard, or $40,000 to pay off their student loans, which continue to be a burden for many college graduates.
Participants can also gain entry into the Grand Prize Round by accumulating"likes" from other Webull users. The top 30 accounts to receive the most points on their trading profile will automatically be invited to the Grand Prize round.
As an added bonus, the total positive returns of all competition participants will be multiplied by 0.1%, and Webull will donate up to $50,000 of these returns to the Shriners Hospitals for Children®.
With the ultimate goal of transforming children's lives by providing exceptional healthcare through innovative research, Shriners Hospitals for Children®offers innovative pediatric specialty care, world-class research and outstanding medical education around the world.
Webull aims to offer an excellent experience to its users through an all-in-one, self-directed investment platform, as well as offering advanced and intelligent investment tools and services. Its multi-platform accessibility is designed for beginner, intermediate and advanced traders, providing users with zero commission day trading, free real-time quotes (provided by NASDAQ Last Sale data feed), extended trading hours, 24/7 online help, and much more.
Current Webull users, and those looking to participate, can register for the competition by visiting www.webull.com, where they can also view official competition rules and regulations. All participants must have a Webull account and have downloaded the Webull app, available in the Apple and Android stores. Participants who do not register by the October 6th registration deadline are able to join the competition week-by-week.
For more information, please visit www.webull.com/wetradercompetition.
About Webull Financial LLC
Webull Financial LLC is a broker-dealer registered with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). The headquarters of Webull Financial LLC is located at 44 Wall Street, New York, NY, USA.
Risk Disclosure: System response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors. Trading of stocks and all other investment products involves substantial risk of loss and it is not suitable for every investor. The value of stocks may fluctuate and as a result, clients may lose more than their original investment. Free stock trading refers to zero commission for Webull Financial LLC self-directed individual cash or margin brokerage accounts that trade U.S. listed securities via mobile devices or Web. Relevant SEC & FINRA fees may apply. Download the Webull stock trading app in the Apple App store or Google Android Store for free.
About Shriners Hospitals for Children®
Shriners Hospitals for Children is changing lives every day through innovative pediatric specialty care, world-class research and outstanding medical education. Our locations in the United States, Canada and Mexico provide advanced care for children with orthopaedic conditions, burns, spinal cord injuries, and cleft lip and palate.
Shriners Hospitals for Children is a 501(c)(3) nonprofit organization and relies on the generosity of donors. All donations are tax deductible to the fullest extent permitted by law. For more information, please visit shrinershospitalsforchildren.org.
Monday, September 23, 2019
Webull Named One Of GoBankingRates "Best Investment Apps"
The personal finance resource recognizes Webull as one of its Best Brokers.
Webull, an independent, self-directed broker dealer focused on zero commission stock trading and in-depth market data, is excited to announce that the company has been named one of the ‘Best Investment Apps' by GOBankingRates.com (GBR), a leading resource for personal finance news and features. The highly esteemed Best Brokers list considerations include trading experience/technology, usability, mobile trading, range of offerings, research tools, customer service, and cost.
GOBankingRates specializes in connecting consumers with the best financial institutions and interest rates nationwide, offering visitors the latest information on everything from interest rates to savings strategies, managing a budget and getting out of debt.
Webull is a financial company with the customer at heart, the internet as its foundation, and technology as its lifeblood. Webull's leaders have extensive experience in both the internet and financial industries. They are committed to synergizing technology with finance to provide reliable, professional, intelligent, and efficient products and services. The company's ultimate goal is for its customers to "Enjoy Tech, Enjoy Investing."
"At Webull, we believe that individuals should be equipped with more information, tools, and services that result in opportunities," said Webull's CEO, Anthony Denier. "Webull's inclusion in this piece strengthens our belief that technology is the modern investor's best friend. Our technology enhances the users trading capabilities in terms of time, scale, and technique."
Driven by technology, and empowered by finance, Webull aims to offer a unique experience through an all-in-one, self-directed investment platform, as well as advanced and intelligent investment tools and services.
Webull's multi-platform accessibility is designed for beginner, intermediate and advanced traders, providing users with zero commission day trading, free real-time quotes* (*Nasdaq Last Sale), extended trading hours, 24/7 online help, and more.
About Webull Financial LLC
Webull Financial LLC is a broker-dealer registered with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). The headquarters of Webull Financial LLC is located at 44 Wall Street, New York, NY, USA.
Risk Disclosure: System response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors. Trading of stocks and all other investment products involves substantial risk of loss and it is not suitable for every investor. The value of stocks may fluctuate and as a result, clients may lose more than their original investment. Free stock trading refers to zero commission for Webull Financial LLC self-directed individual cash or margin brokerage accounts that trade U.S. listed securities via mobile devices or Web. Relevant SEC & FINRA fees may apply. Download the Webull stock trading app in the Apple App store or Google Android Store for free.
Webull, an independent, self-directed broker dealer focused on zero commission stock trading and in-depth market data, is excited to announce that the company has been named one of the ‘Best Investment Apps' by GOBankingRates.com (GBR), a leading resource for personal finance news and features. The highly esteemed Best Brokers list considerations include trading experience/technology, usability, mobile trading, range of offerings, research tools, customer service, and cost.
GOBankingRates specializes in connecting consumers with the best financial institutions and interest rates nationwide, offering visitors the latest information on everything from interest rates to savings strategies, managing a budget and getting out of debt.
Webull is a financial company with the customer at heart, the internet as its foundation, and technology as its lifeblood. Webull's leaders have extensive experience in both the internet and financial industries. They are committed to synergizing technology with finance to provide reliable, professional, intelligent, and efficient products and services. The company's ultimate goal is for its customers to "Enjoy Tech, Enjoy Investing."
"At Webull, we believe that individuals should be equipped with more information, tools, and services that result in opportunities," said Webull's CEO, Anthony Denier. "Webull's inclusion in this piece strengthens our belief that technology is the modern investor's best friend. Our technology enhances the users trading capabilities in terms of time, scale, and technique."
Driven by technology, and empowered by finance, Webull aims to offer a unique experience through an all-in-one, self-directed investment platform, as well as advanced and intelligent investment tools and services.
Webull's multi-platform accessibility is designed for beginner, intermediate and advanced traders, providing users with zero commission day trading, free real-time quotes* (*Nasdaq Last Sale), extended trading hours, 24/7 online help, and more.
About Webull Financial LLC
Webull Financial LLC is a broker-dealer registered with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). The headquarters of Webull Financial LLC is located at 44 Wall Street, New York, NY, USA.
Risk Disclosure: System response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors. Trading of stocks and all other investment products involves substantial risk of loss and it is not suitable for every investor. The value of stocks may fluctuate and as a result, clients may lose more than their original investment. Free stock trading refers to zero commission for Webull Financial LLC self-directed individual cash or margin brokerage accounts that trade U.S. listed securities via mobile devices or Web. Relevant SEC & FINRA fees may apply. Download the Webull stock trading app in the Apple App store or Google Android Store for free.
Wednesday, September 18, 2019
Review: Is WeBull Worth Checking Out?
If you're an experienced trader, WeBull's zero commissions could be very attractive
WeBull Financial LLC was founded in 2017 with a simple premise of merging technology and finance to create an easy-to-use, zero-commission brokerage and market data app to aid investors of all levels.
Although the WeBull stock trading app has over 10 million users, it's really geared toward experienced traders who want advanced real-time market data options combined with first-rate charting on a trading platform that's available 24/7 with zero fees for account opening, account management and trading commissions.
By keeping costs low and simultaneously providing the fundamental and technical analysis necessary for users to make split-second decisions, WeBull is putting institutional-caliber technology in the hands of everyday investors.
Oh, you still need to make the right calls, but when you've got the resources of WeBull and its low-cost trading platform behind you, the opportunity to buy stocks, exchange-traded funds (ETFs) and American Depository Reciepts (ADRs) has never been so easy.
WeBull Review: Pros
WeBull is regulated by both the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). This means less funny business and more trading without worry.
WeBull Financial LLC is a member of the Securities Investor Protection Corporation (SIPC). Individual customers' securities are protected up to $500,000 and a $250,000 maximum for cash. In addition, its clearing firm, Apex Clearing, provides additional insurance coverage for an aggregate of $150 million in securities and cash for its entire customer base.
Further, WeBull offers zero commissions on more than 5,000 U.S. equities and ETFs. There is, however, an SEC and FINRA trading fee on all sales. E.g. If you sell 100 shares at $10 a share, the SEC and FINRA fees would amount to 22 cents. Not bad for a $10,000 trade.
WeBull also provides margin trading with an annual margin rate between 3.99% and 6.99%, depending on the amount borrowed. Anything up to $25,000 is charged 6.99%. Anything above $3 million is charged at 3.99%. There's a sliding scale in between.
If you're day trading, you can leverage up to four times the amount you've contributed to your account; if you hold for more than a day, you can leverage up to twice the amount.
What's more, there arenNo extraneous fees for account opening, account management or software platform fees. And seasoned investors may like being able to short stocks.
Other pros include:
• The platform accommodates mobile, web, and desktop users.
• WeBull's research allows users to screen for stocks based on market cap, P/E, dividend yield and many more.
• It allows you to set up watchlists of stocks listed in more than 90 countries including the U.S. and Canada covering over 25,000 stocks, more than 100,000 funds, and 3,000 commodities.
• Each of the stocks on your watchlist come with news, analyst ratings, an indication of whether investors are bullish or bearish, and comments from the WeBull community.
• Customers can trade in pre-market trading hours (4 a.m. to 9:30 a.m. EST) and after-hours (4 p.m. to 8 p.m.).
• Both the mobile and desktop versions come with $1 million in paper money to learn how to trade using the WeBull platform.
• WeBull's platform is fully customizable to meet your needs for following and acting on the information.
• The charting capabilities that come with the platform include 22 technical indicators, more than enough to figure out when to buy and sell your stocks and ETFs.
WeBull Review: Cons
The biggest negative of WeBull is that it doesn't provide trading in stock options, over-the-counter stocks, mutual funds, bonds or cryptocurrencies. Considering it provides quotes for some of these securities, it would be nice if you could also buy them at the same time.
The second negative about WeBull is that it currently only supports individual cash and margin accounts. It does not support IRAs or any other type of tax-advantaged investment accounts.
Not really a con, as much as an observation for investors considering WeBull, are the fees for transferring cash and stocks in and out of the platform. The fee for depositing cash via a domestic wire is $8; the fee for transferring cash out of WeBull is $25. The fee for transferring cash by international wire from outside the U.S. is $12.50; the fee for transferring cash via international wire from outside the U.S. is $45. The fees for transferring securities in and out of WeBull range from $0 to $75 depending on whether you use Apex Clearing or a Contra Broker. Apex charges $75 to transfer out securities.
Although WeBull provides basic real-time quotes at no cost to users, advanced quotes are available for a monthly subscription varying from $3.99 a month to $82.99 a month depending on which stock exchange you're subscribing to for advanced quotes. Considering you can't buy stocks on many of these exchanges, it's unlikely you'd want the advanced quotes in these markets.
Should You Trade With WeBull?
WeBull's zero commissions will be attractive to investors of all experience levels. The mobile app provides plenty of information to keep track of your favorite stocks and ETFs. It's definitely worth downloading the app just to try out its $1 million paper trading account.
If you're a more experienced trader, there appears to be enough meat on the bone to make it worth your while to give WeBull a try. However, if you're for a living, you might want to consider other options available that don't provide zero commissions but do provide a robust trading platform that goes beyond what a zero-commission brokerage account is able to deliver.
WeBull could be a useful tool for the average buy-and-hold investor to follow a concentrated portfolio of stocks or ETFs. However, as I mentioned earlier, it doesn't support tax-advantaged accounts, so if you want a low-cost way to save for retirement, WeBull might not be right for you.
As always, it pays to do your own due diligence, but from what I've seen, it's worth checking out more closely.
As of this writing, Will Ashworth did not hold a position in any of the aforementioned securities.
WeBull Financial LLC was founded in 2017 with a simple premise of merging technology and finance to create an easy-to-use, zero-commission brokerage and market data app to aid investors of all levels.
Although the WeBull stock trading app has over 10 million users, it's really geared toward experienced traders who want advanced real-time market data options combined with first-rate charting on a trading platform that's available 24/7 with zero fees for account opening, account management and trading commissions.
By keeping costs low and simultaneously providing the fundamental and technical analysis necessary for users to make split-second decisions, WeBull is putting institutional-caliber technology in the hands of everyday investors.
Oh, you still need to make the right calls, but when you've got the resources of WeBull and its low-cost trading platform behind you, the opportunity to buy stocks, exchange-traded funds (ETFs) and American Depository Reciepts (ADRs) has never been so easy.
WeBull Review: Pros
WeBull is regulated by both the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). This means less funny business and more trading without worry.
WeBull Financial LLC is a member of the Securities Investor Protection Corporation (SIPC). Individual customers' securities are protected up to $500,000 and a $250,000 maximum for cash. In addition, its clearing firm, Apex Clearing, provides additional insurance coverage for an aggregate of $150 million in securities and cash for its entire customer base.
Further, WeBull offers zero commissions on more than 5,000 U.S. equities and ETFs. There is, however, an SEC and FINRA trading fee on all sales. E.g. If you sell 100 shares at $10 a share, the SEC and FINRA fees would amount to 22 cents. Not bad for a $10,000 trade.
WeBull also provides margin trading with an annual margin rate between 3.99% and 6.99%, depending on the amount borrowed. Anything up to $25,000 is charged 6.99%. Anything above $3 million is charged at 3.99%. There's a sliding scale in between.
If you're day trading, you can leverage up to four times the amount you've contributed to your account; if you hold for more than a day, you can leverage up to twice the amount.
What's more, there arenNo extraneous fees for account opening, account management or software platform fees. And seasoned investors may like being able to short stocks.
Other pros include:
• The platform accommodates mobile, web, and desktop users.
• WeBull's research allows users to screen for stocks based on market cap, P/E, dividend yield and many more.
• It allows you to set up watchlists of stocks listed in more than 90 countries including the U.S. and Canada covering over 25,000 stocks, more than 100,000 funds, and 3,000 commodities.
• Each of the stocks on your watchlist come with news, analyst ratings, an indication of whether investors are bullish or bearish, and comments from the WeBull community.
• Customers can trade in pre-market trading hours (4 a.m. to 9:30 a.m. EST) and after-hours (4 p.m. to 8 p.m.).
• Both the mobile and desktop versions come with $1 million in paper money to learn how to trade using the WeBull platform.
• WeBull's platform is fully customizable to meet your needs for following and acting on the information.
• The charting capabilities that come with the platform include 22 technical indicators, more than enough to figure out when to buy and sell your stocks and ETFs.
WeBull Review: Cons
The biggest negative of WeBull is that it doesn't provide trading in stock options, over-the-counter stocks, mutual funds, bonds or cryptocurrencies. Considering it provides quotes for some of these securities, it would be nice if you could also buy them at the same time.
The second negative about WeBull is that it currently only supports individual cash and margin accounts. It does not support IRAs or any other type of tax-advantaged investment accounts.
Not really a con, as much as an observation for investors considering WeBull, are the fees for transferring cash and stocks in and out of the platform. The fee for depositing cash via a domestic wire is $8; the fee for transferring cash out of WeBull is $25. The fee for transferring cash by international wire from outside the U.S. is $12.50; the fee for transferring cash via international wire from outside the U.S. is $45. The fees for transferring securities in and out of WeBull range from $0 to $75 depending on whether you use Apex Clearing or a Contra Broker. Apex charges $75 to transfer out securities.
Although WeBull provides basic real-time quotes at no cost to users, advanced quotes are available for a monthly subscription varying from $3.99 a month to $82.99 a month depending on which stock exchange you're subscribing to for advanced quotes. Considering you can't buy stocks on many of these exchanges, it's unlikely you'd want the advanced quotes in these markets.
Should You Trade With WeBull?
WeBull's zero commissions will be attractive to investors of all experience levels. The mobile app provides plenty of information to keep track of your favorite stocks and ETFs. It's definitely worth downloading the app just to try out its $1 million paper trading account.
If you're a more experienced trader, there appears to be enough meat on the bone to make it worth your while to give WeBull a try. However, if you're for a living, you might want to consider other options available that don't provide zero commissions but do provide a robust trading platform that goes beyond what a zero-commission brokerage account is able to deliver.
WeBull could be a useful tool for the average buy-and-hold investor to follow a concentrated portfolio of stocks or ETFs. However, as I mentioned earlier, it doesn't support tax-advantaged accounts, so if you want a low-cost way to save for retirement, WeBull might not be right for you.
As always, it pays to do your own due diligence, but from what I've seen, it's worth checking out more closely.
As of this writing, Will Ashworth did not hold a position in any of the aforementioned securities.
Thursday, September 12, 2019
Webull Provides Access to Premier Real-Time Market Data with Nasdaq TotalView
Webull Financial LLC ("Webull"), a leading online broker for global investors, announced the addition of Nasdaq TotalView on its zero commission stock trading platform, Webull.
Nasdaq TotalView is the premier data feed for serious traders, providing depth-of-book data that empowers investors with insights drawn from quotes and orders for all Nasdaq-, NYSE- and regional-listed securities on Nasdaq. It shows the full depth of orders on the Nasdaq market, including quantities at the individual bids and asks, enabling subscribers to know how orders are distributed throughout the market.
Webull believes that every investor should have access to the best tools to fully understand what is happening in the market. Nasdaq TotalView can help Webull’s clients make more informed decisions. The more an investor knows about underlying price pressure on a stock, the more trading strategies become visible to them, and the more confidence they’ll have in those strategies.
"Webull is dedicated to trading," said Anthony Denier, CEO of Webull. "We deeply value every client, regardless of asset size, believing that technology can empower trading and help bring financial success. We are dedicated to using the spirit of innovation to improve the capabilities of global investors who want to invest in U.S. equities."
Oliver Albers, Senior Vice President and Head of Strategic Partnerships for Nasdaq’s Global Information Services said: "Nasdaq works to make sure the world’s financial markets are accessible to all. Nasdaq TotalView gives users great insight into equity markets to help them make more informed decisions. Our work with Webull is vital to expanding access to U.S. equity markets to investors everywhere."
Since establishment in 2016, Webull has been focusing on trading and striving to provide the best trading technology and investment knowledge for global investors no matter howmuchinitialcapitalyouhaveandnomatterhow much investment experience you have. Webull leverages its vast depth of news, real-time market data, and analysis tools to help its clients and to improve clients’ trading capabilities.
About Webull Financial LLC
Webull Financial LLC is a broker-dealer registered with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). The headquarters of Webull Financial LLC is located at 44 Wall Street, New York, NY, USA.
Risk Disclosure: System response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors. Trading of stocks and all other investment products involves substantial risk of loss and it is not suitable for every investor. The value of stocks may fluctuate and as a result, clients may lose more than their original investment. Free stock trading refers to zero commission for Webull Financial LLC self-directed individual cash or margin brokerage accounts that trade U.S. listed securities via mobile devices or Web. Relevant SEC & FINRA fees may apply. Download the Webull day trading app in the Apple App store or Google Android Store for free.
Nasdaq TotalView is the premier data feed for serious traders, providing depth-of-book data that empowers investors with insights drawn from quotes and orders for all Nasdaq-, NYSE- and regional-listed securities on Nasdaq. It shows the full depth of orders on the Nasdaq market, including quantities at the individual bids and asks, enabling subscribers to know how orders are distributed throughout the market.
Webull believes that every investor should have access to the best tools to fully understand what is happening in the market. Nasdaq TotalView can help Webull’s clients make more informed decisions. The more an investor knows about underlying price pressure on a stock, the more trading strategies become visible to them, and the more confidence they’ll have in those strategies.
"Webull is dedicated to trading," said Anthony Denier, CEO of Webull. "We deeply value every client, regardless of asset size, believing that technology can empower trading and help bring financial success. We are dedicated to using the spirit of innovation to improve the capabilities of global investors who want to invest in U.S. equities."
Oliver Albers, Senior Vice President and Head of Strategic Partnerships for Nasdaq’s Global Information Services said: "Nasdaq works to make sure the world’s financial markets are accessible to all. Nasdaq TotalView gives users great insight into equity markets to help them make more informed decisions. Our work with Webull is vital to expanding access to U.S. equity markets to investors everywhere."
Since establishment in 2016, Webull has been focusing on trading and striving to provide the best trading technology and investment knowledge for global investors no matter howmuchinitialcapitalyouhaveandnomatterhow much investment experience you have. Webull leverages its vast depth of news, real-time market data, and analysis tools to help its clients and to improve clients’ trading capabilities.
About Webull Financial LLC
Webull Financial LLC is a broker-dealer registered with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). The headquarters of Webull Financial LLC is located at 44 Wall Street, New York, NY, USA.
Risk Disclosure: System response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors. Trading of stocks and all other investment products involves substantial risk of loss and it is not suitable for every investor. The value of stocks may fluctuate and as a result, clients may lose more than their original investment. Free stock trading refers to zero commission for Webull Financial LLC self-directed individual cash or margin brokerage accounts that trade U.S. listed securities via mobile devices or Web. Relevant SEC & FINRA fees may apply. Download the Webull day trading app in the Apple App store or Google Android Store for free.
Friday, September 6, 2019
Commission-free Broker Webull Launched a $100,000 Card Harvest Event
To embrace the autumn season and to be thankful for all the users, the commission-free broker Webull launched an $100,000 Card Harvest Event (8/30/2019-9/29/2019). By completing six simple tasks, users can collect cards and medals required to join in the prize pool with the total amount of $100,000.
The tasks is designed to help users to get familiar with the financial data and paper trading tools in Webull stock trading app and to built their own trading skills.
The event encourages mutual help which may create much fun as it drives in social communications. When a participant is trying to collect cards, the wiser way to complete the collection is to exchange duplicate cards with others.
NEW YORK, September 3rd, 2019 - Webull Financial LLC, an independent, self-directed broker dealer focused on zero commission stock trading and in-depth market data, announced the launch of Webull Card Harvest Event. In this event, $100,000 will be distributed in Amazon gift cards to participants who successfully join in the prize pool before the event ends. People need to complete tasks and receive cards and medals in order to enter the prize pool.
The six task consist of register for this event, setting up a screener, creating a watchlist, setting up an alert, performance a paper trading, and donate duplicate cards to others.
There are two prize pools, first valued in $30,000 and then $70,000. Users need to complete LUCKY card collection (five types of cards) to enter the first prize pool. After that, users can collect as many medals to get more out of the second prize pool.
The event duration is from August 30th, 2019, 12:00 ET to September 29th, 2019, 23:59 ET. Prizes will be distributed September 30th, 2019.
Learn more about the Webull Card Harvest Event here (https://act.webull.com/collectCardsNew/participateShare.html).
Webull believes that the everyday retail investor is an integral part of the investment space. Through the synergy of technology and finance, Webull has developed an easy-to-use, zero commission brokerage and market data app to aid investors of all levels.
Webull strives to keep its vast depth of news, real-time market data, analysis tools, and trading commissions completely free to both day traders and those who are starting to take care of their own finances. They pride themselves on continually improving the day trading platform and bringing exciting and useful tools to help traders make smarter financial decisions. That's why Webull Card Harvest Eventcomes in.
The tasks is designed to help users to get familiar with the financial data and paper trading tools in Webull stock trading app and to built their own trading skills.
The event encourages mutual help which may create much fun as it drives in social communications. When a participant is trying to collect cards, the wiser way to complete the collection is to exchange duplicate cards with others.
NEW YORK, September 3rd, 2019 - Webull Financial LLC, an independent, self-directed broker dealer focused on zero commission stock trading and in-depth market data, announced the launch of Webull Card Harvest Event. In this event, $100,000 will be distributed in Amazon gift cards to participants who successfully join in the prize pool before the event ends. People need to complete tasks and receive cards and medals in order to enter the prize pool.
The six task consist of register for this event, setting up a screener, creating a watchlist, setting up an alert, performance a paper trading, and donate duplicate cards to others.
There are two prize pools, first valued in $30,000 and then $70,000. Users need to complete LUCKY card collection (five types of cards) to enter the first prize pool. After that, users can collect as many medals to get more out of the second prize pool.
The event duration is from August 30th, 2019, 12:00 ET to September 29th, 2019, 23:59 ET. Prizes will be distributed September 30th, 2019.
Learn more about the Webull Card Harvest Event here (https://act.webull.com/collectCardsNew/participateShare.html).
Webull believes that the everyday retail investor is an integral part of the investment space. Through the synergy of technology and finance, Webull has developed an easy-to-use, zero commission brokerage and market data app to aid investors of all levels.
Webull strives to keep its vast depth of news, real-time market data, analysis tools, and trading commissions completely free to both day traders and those who are starting to take care of their own finances. They pride themselves on continually improving the day trading platform and bringing exciting and useful tools to help traders make smarter financial decisions. That's why Webull Card Harvest Eventcomes in.
Tuesday, August 27, 2019
Can You Pick the Right Stock on Right Time?
Webull Financial LLC, an independent, self-directed broker dealer focused on zero commission trading and in-depth market data, has launched a funny investment quiz, Can You Make It Big? In this quiz, you canimagine that you travel back to 2009, and you have $2,000 in your pocket to invest stocks such as Tesla, Netflix, Amazon, Twitter, etc. How big can you make it?
Learn more about the Can You Make It Big event here.
As we know, the last decade is the longest period for that U.S. stock bull market has ever been. You may easily name a few listed companies which have enlarged their business scales/revenues/profits by several times in the past ten years. As a result, there are lots of stocks outperforming the market which may doubled, tripled or even multiplied by ten times on their price just within 1 or 2 years.
Have you ever imaged how big you can make out of your initial money via holding some of the best performance stocks with the right timming? Give a try on this quiz to test your judgement. You can learn more about those stocks on the Webull stock trading apps if you wish. Beware that it is a hypothetical outcome based on the historical quotes. In the reality, all the stock investments come along with the potential profit or loss. How to pick the right stock at the right time? You need to observe and practice more. If you need a free guide to the stock market, Webull will always be your side. At the Webull platform you can practice paper trading for free and use in-depth data, comprehensive tools, charts to better understand stocks.
Webull believes that the individual investor deserves equal importance in the securities market. However, traditional brokers have always paid more attention to institutional investors and high-net individuals, leaving the average investor with poor customer service, simple tools, mediocre data, and high commissions. This is where Webull comes in.
Through this belief of synergy in technology and finance Webull has developed a top-tier, easy-to-use app to aid the average individual investor without needing to pay commission. Utilizing the power of AI, Cloud Computing, and Big Data,Webull equips users with a commission-free stock trading platform filled with smart tools and in-depth market data. Webull also provides the average investor with round-the-clock customer service and evergreen investor education content.
Webull strives to keep its vast depth of news, real-time market data, analysis tools, and trading commissions completely free to both veteran traders and those who are starting to take care of their own finances. They pride themselves on continually improving the day trading platform and bringing exciting and useful tools to help traders make smarter financial decisions.
Learn more about the Can You Make It Big event here.
As we know, the last decade is the longest period for that U.S. stock bull market has ever been. You may easily name a few listed companies which have enlarged their business scales/revenues/profits by several times in the past ten years. As a result, there are lots of stocks outperforming the market which may doubled, tripled or even multiplied by ten times on their price just within 1 or 2 years.
Have you ever imaged how big you can make out of your initial money via holding some of the best performance stocks with the right timming? Give a try on this quiz to test your judgement. You can learn more about those stocks on the Webull stock trading apps if you wish. Beware that it is a hypothetical outcome based on the historical quotes. In the reality, all the stock investments come along with the potential profit or loss. How to pick the right stock at the right time? You need to observe and practice more. If you need a free guide to the stock market, Webull will always be your side. At the Webull platform you can practice paper trading for free and use in-depth data, comprehensive tools, charts to better understand stocks.
Webull believes that the individual investor deserves equal importance in the securities market. However, traditional brokers have always paid more attention to institutional investors and high-net individuals, leaving the average investor with poor customer service, simple tools, mediocre data, and high commissions. This is where Webull comes in.
Through this belief of synergy in technology and finance Webull has developed a top-tier, easy-to-use app to aid the average individual investor without needing to pay commission. Utilizing the power of AI, Cloud Computing, and Big Data,Webull equips users with a commission-free stock trading platform filled with smart tools and in-depth market data. Webull also provides the average investor with round-the-clock customer service and evergreen investor education content.
Webull strives to keep its vast depth of news, real-time market data, analysis tools, and trading commissions completely free to both veteran traders and those who are starting to take care of their own finances. They pride themselves on continually improving the day trading platform and bringing exciting and useful tools to help traders make smarter financial decisions.
Monday, August 19, 2019
Online Broker Dealer, Webull, Selects 5W Public Relations As Agency of Record
Webull Financial LLC, an independent, self-directed broker dealer focused on zero commission trading and in-depth market data platform, has named 5W Public Relations, one of the 10 largest independently-owned PR firms in the US, as its agency of record.
"Webull is on its way to becoming one of the top online stock trading platforms, and we’re excited to add them to our robust roster of fintech clients," said Ronn Torossian, CEO of 5W Public Relations. “Their product features, including real-time data, aggregated content, and extended hours for trading, make the company a standout from their competition.”
"5W is a full-service public relations agency that has built a reputation throughout New York City and the US by delivering high-quality results with a quick turnaround time," said Webull CEO, Anthony Denier. "We are thrilled to bring in a team of such experienced media experts, and are confident in their ability to bring our brand awareness to the next level."
Webull's mission is to ensure that everyone from novice to expert traders have an equal opportunity to control their own financial future. The company strives to keep its vast depth of news, real-time market data, analysis tools, and trading commissions completely free to both veteran traders and those who are starting to take care of their finances. They pride themselves on continually improving the platform and bringing exciting and useful tools to help traders make smarter financial decisions.
About 5W Public Relations
5W Public Relations is a full-service PR agency in NYC known for cutting-edge programs that engage with businesses, issues and ideas. With more than 160 professionals serving clients in B2C (Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, Nonprofit), B2B (Corporate Communications and Reputation Management), Public Affairs, Crisis Communications and digital strategy, 5W brings leading businesses a resourceful, bold and results-driven approach to communications.
About Webull Financial LLC
Webull Financial LLC is a broker-dealer registered with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). The headquarters of Webull Financial LLC is located at 44 Wall Street, New York, NY, USA. System response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors. Risk Disclosure: Trading of stocks and all other investment products involves substantial risk of loss and it is not suitable for every investor. The value of stocks may fluctuate and as a result, clients may lose more than their original investment. Free stock trading refers to $0 commissions for Webull Financial LLC self-directed individual cash or margin brokerage accounts that trade U.S. listed securities via mobile devices or Web. Relevant SEC & FINRA fees may apply. Download the Webull App in the Apple App store or Google Android Store for free. To learn more about Webull Financial LLC and its app, please visit webull.com.
"Webull is on its way to becoming one of the top online stock trading platforms, and we’re excited to add them to our robust roster of fintech clients," said Ronn Torossian, CEO of 5W Public Relations. “Their product features, including real-time data, aggregated content, and extended hours for trading, make the company a standout from their competition.”
"5W is a full-service public relations agency that has built a reputation throughout New York City and the US by delivering high-quality results with a quick turnaround time," said Webull CEO, Anthony Denier. "We are thrilled to bring in a team of such experienced media experts, and are confident in their ability to bring our brand awareness to the next level."
Webull's mission is to ensure that everyone from novice to expert traders have an equal opportunity to control their own financial future. The company strives to keep its vast depth of news, real-time market data, analysis tools, and trading commissions completely free to both veteran traders and those who are starting to take care of their finances. They pride themselves on continually improving the platform and bringing exciting and useful tools to help traders make smarter financial decisions.
About 5W Public Relations
5W Public Relations is a full-service PR agency in NYC known for cutting-edge programs that engage with businesses, issues and ideas. With more than 160 professionals serving clients in B2C (Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, Nonprofit), B2B (Corporate Communications and Reputation Management), Public Affairs, Crisis Communications and digital strategy, 5W brings leading businesses a resourceful, bold and results-driven approach to communications.
About Webull Financial LLC
Webull Financial LLC is a broker-dealer registered with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). The headquarters of Webull Financial LLC is located at 44 Wall Street, New York, NY, USA. System response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors. Risk Disclosure: Trading of stocks and all other investment products involves substantial risk of loss and it is not suitable for every investor. The value of stocks may fluctuate and as a result, clients may lose more than their original investment. Free stock trading refers to $0 commissions for Webull Financial LLC self-directed individual cash or margin brokerage accounts that trade U.S. listed securities via mobile devices or Web. Relevant SEC & FINRA fees may apply. Download the Webull App in the Apple App store or Google Android Store for free. To learn more about Webull Financial LLC and its app, please visit webull.com.
Wednesday, August 14, 2019
Wild Times In Stocks
Currently momentum gauge sentiment and money flow indicators are negative with declining conditions and increasing negative momentum through last week. A decline to 2745 levels seems likely barring any further changes in macro-economic events. We wish to emphasize that long volatility is a tough position that is very likely to lose money. However, for the right purpose and at the right time - it can be a great hedging tool.
As a matter of fact, at the Wheel of FORTUNE, we just executed such a trade. On July 31st, as a measure of protection ahead of the FOMC meeting/decision, we bought UVXY 08/02/2019 26.00 CALL for $0.60. Two hours later, we sold it for $2.40.
Now, if you think we are selling you the 300% return - you're damn wrong! What we actually try to describe is that certain trades/strategies are only appropriate for certain purposes and specific times. To wit:
We are very proud of our risk-adjusted returns but we never sell returns. Never! Instead, we are selling our methodology, our thinking, our risk/reward approach, that may slightly under-perform a 20% rallying stock market, but is certain to out-perform, meaningfully, a market that is using the elevator on its way down.
By the way, anyone who kept this option for 48 hours (till Friday) could have sold it for a 1000% gain. Yes, had we haven't closed it quickly, due to its nature (playing defense, not offense!) this trade (after less than two days) was a 10x multi-bagger.
And if you decided to roll this trade and buy the exact same option, but with a future (down the road) expiry date - you're sitting on a massive gain today.
Again, for us this was about playing defense, not offense. As such, once the option fulfilled its part - we let it go. There are other-different hedges that we keep for longer periods. It all depends on the purpose of the stock trading.
Two conditional signals that are very important to watch:
Avoid/Minimize trading when the Negative score is higher than the Positive momentum score.
Avoid/Minimize trading when the Negative score is above 70 on the gauge.
Be sure to read this article:
Profiting With Volatility Gains As The Fed Drains for additional details, signals and profitable trades in VelocityShares Daily 2x VIX Short-Term ETN (TVIX) to trade the signals for maximum profitability. Additional volatility instruments include the iPath S&P 500 VIX Short-Term Futures ETN (VXX), the ProShares Short VIX Short-Term Futures ETF (SVXY), the ProShares Ultra VIX Short-Term Futures ETF (UVXY), the iPath Series B S&P 500 VIX Short-Term Futures ETN (VXXB), the ProShares VIX Short-Term Futures ETF (VIXY), among others.
As a matter of fact, at the Wheel of FORTUNE, we just executed such a trade. On July 31st, as a measure of protection ahead of the FOMC meeting/decision, we bought UVXY 08/02/2019 26.00 CALL for $0.60. Two hours later, we sold it for $2.40.
Now, if you think we are selling you the 300% return - you're damn wrong! What we actually try to describe is that certain trades/strategies are only appropriate for certain purposes and specific times. To wit:
We are very proud of our risk-adjusted returns but we never sell returns. Never! Instead, we are selling our methodology, our thinking, our risk/reward approach, that may slightly under-perform a 20% rallying stock market, but is certain to out-perform, meaningfully, a market that is using the elevator on its way down.
By the way, anyone who kept this option for 48 hours (till Friday) could have sold it for a 1000% gain. Yes, had we haven't closed it quickly, due to its nature (playing defense, not offense!) this trade (after less than two days) was a 10x multi-bagger.
And if you decided to roll this trade and buy the exact same option, but with a future (down the road) expiry date - you're sitting on a massive gain today.
Again, for us this was about playing defense, not offense. As such, once the option fulfilled its part - we let it go. There are other-different hedges that we keep for longer periods. It all depends on the purpose of the stock trading.
Two conditional signals that are very important to watch:
Avoid/Minimize trading when the Negative score is higher than the Positive momentum score.
Avoid/Minimize trading when the Negative score is above 70 on the gauge.
Be sure to read this article:
Profiting With Volatility Gains As The Fed Drains for additional details, signals and profitable trades in VelocityShares Daily 2x VIX Short-Term ETN (TVIX) to trade the signals for maximum profitability. Additional volatility instruments include the iPath S&P 500 VIX Short-Term Futures ETN (VXX), the ProShares Short VIX Short-Term Futures ETF (SVXY), the ProShares Ultra VIX Short-Term Futures ETF (UVXY), the iPath Series B S&P 500 VIX Short-Term Futures ETN (VXXB), the ProShares VIX Short-Term Futures ETF (VIXY), among others.
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