On May 21, 2022, Webull officially expanded into Singapore, introducing a fresh dynamic to the city-state’s vibrant online brokerage landscape.
As new players like Moomoo and Tiger Brokers rapidly break new ground in Singapore’s online brokerage scene, let’s explore the distinctive offerings of the latest one-stop online brokerage. We will explore what sets Webull apart and provide insights into its ongoing promotions.
Overview of Webull
Originally founded in 2017, Webull is owned by Fumi Technology, a Chinese fintech company The brokerage was subsequently launched in the United States in 2018 and entered Hong Kong in 2020.
Having incorporated in 2021, Webull now operates in the US, Hong Kong, China, Singapore, Japan, the UK, and Australia.
The firm is regulated by the Monetary Authority of Singapore (MAS) and holds a Capital Markets Services (CMS) Licence under the Securities and Futures Act 2001.
Fees structure
Webull offers competitive rates that can match brokers that are already available in Singapore. One of the...