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Webull review: Pros, cons, and who should set up an account


The investment app also provides cryptocurrency trading, margin accounts, and IRAs.
Webull is best for active traders and DIY investors who want to trade at low costs.
Is Webull right for you?
Webull is best for active traders looking for commission-free trades on stocks, ETFs, and options. Though you may have to pay small fees (usually less than $0.01) for each trade, you won t need to meet a minimum account size requirement to get started.
In addition, the brokerage offers cryptocurrency trading, margin accounts, American Depositary Receipts (ADRs), Nasdaq market data and research, and full extended hours trading. The stock market is open from 9:30 a.m. to 4 p.m. Eastern Time. With extended hours trading, you can also place trades from 4 a.m. to 9:30 a.m. or 4 p.m. to 8 p.m. ....

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It's not just Robinhood: The Reddit Rebellion has gummed up the entire financial system's plumbing -- Society's Child -- Sott.net


Sat, 30 Jan 2021 19:02 UTC
While mainstream media is juggling with just who to be angry at, and who to virtue-signal for in the WallStreetBets Reddit Rebellion and Robinhood Rout episiode,
the reality under the surface is that the US financial markets have just been punctured by the thin blades of truth.As CHS recently noted
, it is fatally wounded but nobody dares notice.
So, what s really happening with Robinhood et al.?
As @Compound248 details in this excellent thread,
this is a plumbing issue. It is esoteric, even for those on Wall Street.
Here is the explanation of
how the toilet is clogged. ....

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Investors Double Down on Stocks, Pushing Margin Debt to Record


Provided by
Dow Jones
By Michael Wursthorn
Bruce Burnworth used to clip coupons and look for deals before his investment in Tesla Inc. made him a millionaire.
He is part of a widening class of affluent Americans who are doubling, or even tripling, down on this year s highflying stock market. The S&P 500 has soared 66% since bottoming in March in the early days of the Covid-19 pandemic, while dozens of individual stocks, like Tesla, have surged even higher.
Some investors have been tempted to chase bigger gains and have exposed themselves to potentially devastating losses through riskier plays, such as concentrated positions, trading options and leveraged exchange-traded funds. Others are borrowing against their investment portfolios, pushing margin balances to the first record in more than two years, to buy even more stock. ....

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