Webull launches low-cost brokerage services in Canada

Rick Steves

“We already have tens of thousands of Canadian users leveraging market data and analytics alone, so we are proud to bring the award-winning brokerage services to them and look forward to expanding our user base in Canada.”

Webull Corporation, the parent company of the popular Webull trading platform, has officially launched brokerage services in Canada.

This expansion allows Canadian residents to trade both Canadian- and US-listed equities using the award-winning Webull app.

“A low-cost trading solution right to your fingertips”

Anthony Denier, Group President at Webull, said: “Webull sees a huge opportunity to disrupt a traditionally expensive brokerage system in Canada. Since inception, we have been providing powerful market data tools across the world. We look forward to expanding to another market and providing greater and easier access to trading for all.”

Michael Constantino, CEO of Webull Securities (Canada) Limited, added: “Webull’s state-of-the-art app, driven by world-class technology, offers market data, tools, analytics, and education for free and brings a low-cost trading solution right to your fingertips. We already have tens of thousands of Canadian users leveraging market data and analytics alone, so we are proud to bring the award-winning brokerage services to them and look forward to expanding our user base in Canada.”

Webull Canada, authorized in November 2023, has introduced order execution-only brokerage functions, offering features such as real-time quotes, comprehensive market data, 20+ charting widgets, 60+ indicators, paper trading, and educational tools.

The trading platform first launched in the US in 2018 and received industry recognition, winning awards such as “Best Brokerage App” at Benzinga’s 2022 Global Fintech Awards and “Best Options Trading Platform” at the Finder Stock Trading Platform Awards.

Webull hired ex-Cboe Arianne Adams to drive strategy

Webull is a leading digital investment platform with global infrastructure. Headquartered in St. Petersburg, Florida, the Webull Group serves tens of millions of users across 180 countries, offering 24/7 access to financial markets.

Users can trade global stocks, ETFs, options, and fractional shares through the Webull trading platform, available in various countries, including the United States, United Kingdom, Hong Kong, Singapore, Australia, South Africa, Japan, Mexico, and now Canada.

The prominent commission-free trading platform has recently announced the appointment of Arianne Adams as its Chief Strategy Officer and Head of Derivatives.

Adams’ professional background includes a recent position as Senior Vice President, Head of Derivatives and Global Client Services at Cboe Global Markets, Inc.

In this role, she managed the operations of the options and futures business and led initiatives to educate new investors and expand the global reach of Cboe’s proprietary products. Her experience also extends to senior roles at Goldman Sachs, Capstone Investment Advisors, and Merrill Lynch.

  • Read this next

    Institutional FX

    Intercontinental Exchange reinvents voice trading with ICE Voice

    “For the first time, ICE’s users will have a single, integrated platform for chat and voice that matches both traders’ need for always-on, instantaneous connectivity with other traders, and firms’ desire for easy-to-access and use records that help them meet their record retention requirements.”

    Fintech

    Duco launches EMIR-compliant transaction reporting eligibility validator

    “With Duco’s transaction reporting eligibility validator, customers can run independent checks whenever they want, get results in minutes, and access a clear audit trail. The solution provides insights at a field-by-field level so clients can see specific issues, discuss, and show ESMA they are considering discrepancies at a deep level.”

    Digital Assets

    Bybit’s trading volume near all-time high ahead of Bitcoin halving

    “Now, we’re seeing large inflows and smart money is moving fast. With the Bitcoin halving just around the corner, Bitcoin is proving itself as an institutional asset, a hedge against economic uncertainty, and a vote for financial freedom.”

    Digital Assets

    Morgan Stanley to add spot bitcoin ETFs

    Morgan Stanley is reportedly considering adding spot bitcoin ETF products to its brokerage platform. This move comes after the Securities and Exchange Commission (SEC) approved the investment vehicle in January.

    Digital Assets

    Hong Kong ends license applications for crypto exchanges

    Hong Kong has officially ceased accepting license applications from cryptocurrency exchanges as of February 29, signaling a stringent regulatory shift.

    Fintech

    Volt secures EMI license, expands payment solutions in UK

    Volt has successfully obtained an Electronic Money Institution (EMI) license from the UK’s Financial Conduct Authority (FCA).

    Retail FX

    ASIC bankrupts finfluencer Tyson Scholz over stock tips

    The Australian Securities and Investments Commission (ASIC) has effectively bankrupted Tyson Robert Scholz, the figure behind “Black Wolf Pit.” The action marks a significant crackdown on so-called ‘finfluencers’ and individuals providing unlicensed financial services.

    Digital Assets

    Green Bitcoin Presale Raises $1M as Bitcoin Approaches its ATH

    The eco-friendly crypto project Green Bitcoin has seen its limited-time presale phase cross $1 million in funding. With an innovative gamified staking model and energy-efficient foundation, Green Bitcoin offers token holders a way to stake their tokens and generate yield.

    Web3

    Introducing QuickNode Streams: Elevating Blockchain Data Management

    Discover QuickNode’s Latest Innovation: Streamlining Blockchain Data Streaming for Enhanced Efficiency and Accessibility. Explore the Future of Blockchain Technology with Streams.

    <