What are the trading fees on Webull? Are you commission free?
What are the trading fees on Webull? Are you commission free?

Webull prides itself on keeping its accounts totally commission free, but relevant SEC & FINRA fees may apply. If you make a margin trade and hold the position overnight, you will be charged margin interest.

Stocks/ETF Trading:


Webull Commission


SEC Trading Fee*
Sells only. 
$0.0000051 * Total $ Trade Amount
Min $0.01

FINRA Trading Fee
Sells only.
$0.000119* Total Trade Volume
Min $0.01 per - Max $5.95 per

*Effective February 25, 2021, the SEC Fee rate will be reduced from $22.10 to $5.10 for every $1,000,000 in sale proceeds.

Options Trading:

ItemsCharged ByFees
Contract FeesWebull$0
Transaction Fee
The U.S. Securities and Exchange Commission (SEC)
$0.0000051* Total $ Trade Amount (Min $0.01)(Sells Only)*
Trading Activity Fee 
Financial Industry Regulatory Authority (FINRA)
$0.002 * No. of Contracts (Min $0.01)(Sells Only)
Options Regulatory FeeOptions Exchanges
$0.0388 * No. of Contracts (Buys & Sells)
Clearing Fee
Options Clearing Corp (OCC)
$0.02 * No. of Contracts (Max $55 per Trade)(Buys & Sells)**

The Transaction Fee is charged by the U.S. Securities and Exchange Commission (SEC), an independent agency of the United States federal government. Learn More >

Financial Industry Regulatory Authority (FINRA) requires each member to pay trading activity fees for the sale of covered securities. Learn More >

The Options Regulatory Fee is a fee assessed by exchanges on their members. It is collected by The Options Clearing Corp (OCC) on behalf of the U.S. options Exchanges. Learn More >

The Clearing Fee is charged by The Options Clearing Corp (OCC) who provides central counterparty (CCP) clearing and settlement services to 16 exchanges. Learn More >

*Effective June 1, 2021, subject to regulatory review, OCC clearing fees deducted from four and a half cents ($0.045) per contract to two cents ($0.02) per contract.

*Effective February 25, 2021, the SEC Fee rate will be reduced from $22.10 to $5.10 for every $1,000,000 in sale proceeds.

**As of September 1, 2020, the per contract clearing fee was reduced from $0.055 to $0.045 per contract, with a max of $55 per trade.

Our clearing firm, Apex, will withhold the above regulatory fees where applicable. All fees in the table above are subject to change without notice as per our clearing partner, Apex Clearing.

Margin Interest

1) Margin interest is only charged for leveraged positions held overnight.

2) For a long position, the daily interest = Borrowed Cash * Margin Rate/360

Dollar RangeAnnual Margin Rate

Fees for short sale

For a short position, you need to borrow shares. The cost associated with a short sale is the fee for borrowing said stock. This fee changes every day for every available stock and is charged on a daily basis.

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