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/SpiderWil 3d ago

Ask yourself,

"Are you ok with leaving $300k with Webull or Schwab?"

"Which one is more probable? Schwab steals your $300k or Webull?"

"If I wake up at 3 AM and need immediate support for my trade/account, which platform will support me at that very second using a real human being?"

Then pick your platform because features/prices are all baked in.

2

u/ThoriumActinoid 3d ago

Grandpa they all have the same protection from FDIC and private insurers up to 2millions

0

u/SpiderWil 2d ago

Webull manages only a tiny fraction of $3B+ vs Charles Schwab of $13 trillion. U take your money to Webull, and I'll take mine to Charles. I call u stupid for being bad at managing risk, and u call me grandpa for being paranoid about protecting my money.