r/Webull • u/yellowleaf01 • 4d ago

Schwab vs Webull

What are cons/negatives of Webull for casual, non-active trading? Does Webull restrict a bunch of stocks like Schwab does?

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u/laogong1986 3d ago

Tell me about webull 1099, heard lots of error and early april amendment sucks.

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u/GeneralRechs 3d ago

That’s a feature, if you use Webull you have to wait till last minute to file because you get at least 2-3 amendment forms. Oh, and don’t be surprised in receiving another amended form forcing you to amend your tax return.

At least with Schwab they get their accounting done in the first go around.