Webull

Review of Webull Cash Account – Not Margin Account. I want to warn everyone about my experience with Webull using a cash account, not a margin account. Be very careful – Webull operates in a way that feels fraudulent. They allowed me to purchase options for $300, but when I tried to sell them, they blocked the sale, stating that I needed $30,000 in my account. They essentially forfeited my money and refused to let me complete the transaction. Their graphs and charts are inaccurate and misleading, and the entire platform feels like a massive scam. Be cautious with Webull – there are legitimate, US-based brokers where your funds will be safer. Webull lures customers in with low fees for buying but then essentially steals large option purchases by preventing sales, which feels illegal and deceptive. In my opinion, this company operates unethically, and I would recommend avoiding them altogether. There are many SEC complaints and the BBB Better Business and detailed user experiences on Reddit confirming similar issues. Plus, the flood of fake 5-star reviews from questionable sources makes this platform even more concerning. Stay safe – do your research and consider alternative brokers that are more transparent and reputable.

Love the interface and its purpose for taking money out the market consistently