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

Stocks, ETFs, and Options on Webull are commission free, except for certain index options which are assessed a contract fee. Relevant and regulatory and exchange fees also apply. If you make a margin trade and hold the position overnight, you will be charged margin interest.

Stocks/ETF Trading:

Potential Fees for trading OTC securities:

Options Trading:

1. Regulatory Transaction Fee:

The Securities and Exchange Commission (SEC) assesses transaction fees on national securities exchanges and self-regulatory organizations at a rate consistent with Section 31 of the Securities Exchange Act of 1934. National securities exchanges and self-regulatory organizations offset the transaction fees by charging their member broker-dealers such as Webull, and we, in turn, offset this fee by charging you a Regulatory Transaction Fee for covered sell transactions. The fee is ultimately intended to cover the costs incurred by the government, including the SEC, for supervising and regulating the securities markets and securities professionals. The SEC recalculates the amount of this fee periodically – at least annually but sometimes more often. Learn more>

2. Finra Trading Activity Fee:

The Trading Activity Fee will be assessed at a rate consistent with Section 1 of Schedule A of FINRA’s By-Laws for trading activity. Current rates are: $0.000145 per share for each sale of a covered equity security, with a maximum charge of $7.27 per trade; $0.00244 per contract for each sale of an option contract. Learn More>

3. Options Exchange Fee:

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>

4. OCC Clearing Fee:

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>

5. We withhold the regulatory fees above where applicable. Please note that all of the fees in the tables above are subject to change without notice.

Index Option Fees:

Webull passes through proprietary index option fees to clients on a per contract basis. Certain exchanges charge a proprietary index option fee on select index options that only trade on their exchange. Please see the rates below.

*For simple VIX, a priority surcharge is assessed on contracts executed electronically that are Maker and not Market Turner by $0.20 more.

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

*The margin rate is set at our discretion and is subject to change without notice.

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.

Additional Information Regarding Margin and Securities Lending Fees:

Margin and securities lending fees are calculated on a daily basis and deducted from the cash balance of the Webull account on a regular basis. Financing fees are deducted monthly, and securities lending fees are deducted daily. The above fees are billed from the settlement date of the financing/securities lending and opening transaction, and the settlement of the closing transaction is terminated. If there is a non-trading day during the period, the non-trading day will also be billed.