In 2025, Webull is a top pick for day traders, giving free trades on stocks, ETFs, and options, plus high-end tools like 50+ tech signs and more trade hours. It has Webull Premium ($3.99/month or $40/year) for added perks and a strong demo trade set-up, and suits both new and pro traders. Yet, its help team isn’t strong, and there are no mutual fund picks.
Key Checks:
- Webull: No fees on stocks, ETFs, and options; top tools; weak help team.
- Robinhood: Easy, phone-first look; no fees; less high-end tools.
- TD Ameritrade: Full tools and learning; $0.65 per options deal; higher costs.
| Name | Fee for Stocks | Fee for Options | Top Points |
|---|---|---|---|
| Webull | Free | Free | Cool tools, more hours, try-out mode |
| Robinhood | None | None | Easy for new users, best on phones |
| TD Ameritrade | No cost | $0.65 per deal | Strong study tools, funds to join |
For those who trade a lot, Webull’s small fees and strong tools are good, but those who invest for a long time might like TD Ameritrade more for its wide range of assets.
Is Webull Worth it for Day Trading? (My Honest Review & Platform Demo)
1. Webull
Webull stands out for day traders who want high-end tools and no-fee trading. It gives a pro-level setup made for the quick needs of active trading.
Day Trading Fees
For day traders, low costs are a must, and Webull answers with no-fee trading on stocks, ETFs, and options. This means you do not pay fees when you buy or sell these things, and you can save a lot compared to other brokers.
There are still standard fees that you must pay. For stock trades, these are:
- Regulatory Transaction Fee: $0.0000278 for each dollar traded (least $0.01)
- FINRA Fee: $0.000166 for each dollar traded (least $0.01, most $8.30 on sales only)
- CAT Regulatory Fee: $0.000040 for each dollar traded on buys and sales
These fees are small. For a $1,000 trade, you only pay about $0.23 in total fees. This clear setup lets you know your costs upfront.
For options traders, Webull charges $0.50 per deal for index options and $0.10 per deal for orders over 500 deals (not counting index options). Futures range from $0.25 to $1.50 per deal. This price method makes Webull good for traders who want to keep costs low and use the platform’s strong tools.
Options Trading Tools
Webull has strong tools for options trading, matching top platforms. The options chain shows a clear, easy-to-use setup, with implied volatility on a number line and full stats. This helps traders spot chances fast.
"Webull’s options chain intuitive and informative, with implied volatility (IV) displayed on a number line and a full set of options statistics. I’ve found that this layout can help traders make quick and informed decisions." – Jessica Inskip, Director of Investor Research at StockBrokers.com
Webull lets you trade options at four levels, from simple moves like covered calls to more complex ones like naked options. The strategy builder and options scanner help you easily set up plans with many parts.
| Options Level | Plans |
|---|---|
| Level 1 | Safe calls, buy and sell, put cash in |
| Level 2 | Buy long calls or puts, use both calls and puts, keep stocks safe with puts, use a collar |
| Level 3 | Use credit or debit spreads, set up a butterfly or diagonal spreads, use a condor or iron condor, set up calendar spreads |
| Level 4 | Go for uncovered calls and puts |
Extra help like chance tests, choices finders, and numbers such as delta and theta give more views for making good trades. The Turbo Trader choices box makes putting in orders easy, a big plus for busy traders.
To make the trade feel better, Webull has Level 2 Quotes and gives one month of free OPRA and CSMI data for traders who trade at least once a month. This up-to-date market deep view is key for picking the right times to get in and out.
How the Platform Works
Webull hits the mark on how well it runs with an trade quality of 98.96% for trades up to 99 shares. This means orders go through well, though how the platform pays for order flow may make it a bit slower.
"Webull’s charting is responsive and well-equipped, featuring multiple chart types, drawing tools, and 59 technical indicators. I was able to manage orders directly from the chart, and hotkeys with grid layouts made it easy to compare multiple charts." – Jessica Inskip, Director of Investor Research at StockBrokers.com
The chart set has 52 tech signs and 19 drawing tools, letting people handle jobs right from the charts. Things like fast keys and grid setups help check many stocks easy, key for carrying out big day trade plans.
Webull’s live market info is smooth and firm, even when lots of trades happen. The site’s changeable setups let traders fix tools how they need.
Both desktop and phone setups sync well, making sure you can watch spots and make trades on the move. The clean, easy layout finds a sweet spot between being easy to use and having the deep functions that big day traders need.
2. Robinhood
Robinhood has made its mark in the trade world by always putting mobile use first. It keeps things clear and fast. It might not have as many extra things as other places, but its clean way pulls in a lot of day traders. Let’s look at what Robinhood costs and see how it does next to other names.
Day Trading Fees
Robinhood is known for no fees when trading stocks, ETFs, and options, just like Webull. It also lets you start and keep accounts with no extra cost.
"Investing with a Robinhood investing account is commission free for stocks, ETFs, and their options. We don’t charge you fees to open or maintain your account." – Robinhood
Yet, rules fees are sent to users. For selling stocks, the Trade Act Fee (TAF) is $0.000166 for each share. For options, it’s $0.00279 each, but no more than $8.30 a trade. From January 10, 2025, a joint $0.04 fee per options deal will start to cover rules and market costs.
Fees for index options are a bit different. Gold users pay $0.35 each, and non-Gold users pay $0.50 each, plus market fees. Also, a Joined Up Audit Trail (CAT) fee of $0.0022 per options deal, and $0.0000265 per share for NMS stocks will begin on or after July 1, 2025. These fees are not just for Robinhood – they are the same for all in the field.
| Fee Type | Robinhood | Webull |
|---|---|---|
| Stocks | No cost | Free |
| ETFs | Free | No cost |
| Options | $0 | $0 |
| Index Options Contract Fee | $0.35 to $0.50 | $0.55 |
Tools for Trading Options
Robinhood’s tools for options trading fit its focus on mobile use, giving key tools in an easy-to-use way. The strategy builder lets users set up and carry out well-known plans like vertical spreads, calendar spreads, strangles, and straddles. It also has a fake returns feature that helps traders figure out possible risks and outcomes.
In a fun fact, about one in three Robinhood traders use this tool after a trade to handle open spots and plan exits.
"With Robinhood Legend charts on mobile and simulated returns directly on the mobile options chain, we’re giving customers the power to meticulously analyze their trading strategies and act in real time." – Abhishek Fatehpuria, Vice President of Brokerage Product at Robinhood
For people using a computer, Robinhood Legend has a new, easy-to-use web setup. You can change it based on what you like: stocks, choices, or just to watch the market. It has cool tools like linking parts together that helps you keep an eye on related info. There’s also a watchlist to save and check on options deals, and high-level charts with tools like moving averages (MA), the relative strength index (RSI), and moving average convergence divergence (MACD).
These tools are easy and clear, but they’re pretty simple. If you’re an expert trader who wants lots of custom stuff or more signs, it might feel too basic.
How Well It Works
Robinhood’s way of keeping it simple doesn’t lower how well it runs. The set-up does very well, with 96.25% of stocks trading at or above the best public price (NBBO), and it saves about $2.43 per 100 stocks. This matches up well with other big trading groups.
"Robinhood is still a standout for easy signup and quick and streamlined mobile trade execution… Buying and selling stocks is simple and intuitive and has few ‘are you sure?’ interruptions, which is great for beginners or trading on the go." – Sam Taube, Lead Investing Writer, NerdWallet
Robinhood Legend makes trading on a desktop feel smooth and new. Its clear look, easy-to-sync watchlist across devices, and simple start-up steps draw traders who like quick and easy ways to trade.
Even so, this platform works best for traders who want simple things more than detailed tools. It handles basic tasks well, but those looking for extra features or more ways to change things might think it’s a bit lacking after a while.
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3. TD Ameritrade
TD Ameritrade, now under Charles Schwab, is made for day traders who need top tools and wide market get. It offers more than simple trade acts, making it a good pick for expert money folk in 2025. Let’s look at the cost set-up and the big tools that make TD Ameritrade shine.
Day Trading Costs
TD Ameritrade keeps up with free trade of stocks and ETFs, like Webull. Yet, when trading options, things change a bit. Even though both drop fees on options trades, TD Ameritrade asks for a $0.65 for each contract fee, unlike Webull, which asks for no fees on option contracts.
So, if you trade 100 options contracts via TD Ameritrade, you’d pay an extra $65 fee.
| Fee Kind | TD Ameritrade | Webull |
|---|---|---|
| Stocks | $0 | $0 |
| ETFs | $0 | $0 |
| Options Deal Fee | $0 | $0 |
| Cost per Options Deal | $0.65 | $0 (stock options) |
| Funds Group | $49.95 (some) | Not open |
TD Ameritrade also gives you more kinds of things to pick from, like mutual funds and bonds. Some mutual funds have a $49.95 buying fee, but it’s free to sell them.
Tools for Options Trading
For those who know their way around trading, TD Ameritrade’s TD Active Trader offers strong tools. It can handle complex options plans with many parts, give over 100 tech studies, and let you set up charts that can be as detailed as one second. These help traders spot chances fast and act right away.
This platform has advanced order types too, like One Cancels Other (OCO), and more. Users can set up to eight linked orders for better plans.
If you trade a lot, the real-time data for U.S. stocks and stock options is free if you trade at least 30 times in three months. If not, it costs $32 a month. But, new TD Active Trader accounts opened between June 15, 2024, and November 30, 2025, will get this free until December 31, 2025.
Platform Running Well
TD Ameritrade’s thinkorswim is famous for how well it works, and its mobile app was the top app for traders in 2023.
The desktop form has over 400 tech studies, tools to look at earnings, plot economic data, and test old data. A key tool is the Earnings Analysis tool. It uses data from experts and Estimize to show ranges of EPS estimates and real results. It also shows price moves and changes before and after past earnings.
For traders needing news, the platform shows CNBC’s coverage of trading in the U.S., Europe, and Asia all day. There are also two mobile apps: TD Ameritrade Mobile for simple investing and thinkorswim Mobile for more active traders. This lets users pick what works best for them.
Good With Tech
TD Active Trader works great with many screens, letting you adjust things as you like, streaming data fast for stocks and options. If you have $5,000 in cash or things worth that, you get even better data for free. To keep traders in the know, the platform sends emails and texts about order changes and important alerts.
Good and Bad Sides
Picking the right trade place means looking at its good and bad points to see which fits your needs best. Here’s a short view of the pluses and minuses of three well-liked platforms:
| Platform | Good Points | Bad Points |
|---|---|---|
| Webull | • No fee on stocks, ETFs, and options • Good tools for market checks • You can change how the screen looks • More market data in real time • Earns 3.75% on cash not used • You can trade futures • Simulated trading to learn |
• Bad help for users (1.4/5 Trustpilot score) • Costs $0.55 per deal for index options • 1% cost on cryptocurrency trades • Need another app for crypto trades • No mutual fund options • Less learning tools than others |
| Robinhood | • East to use, great for new users • No fee on all trades • Trade almost any time • Most orders match best market prices • Saves $2.43 per 100 shares • Does crypto in the same app • Good info with paid plan |
• Few market check tools • No screen version • Lacks some real-time data • Can’t trade futures • Few tools for deep checks • Pay $5/month for extra features |
| TD Ameritrade | • Lots of data and help to learn • Many ways to place orders • Wide type of assets, has mutual funds |
• Each options deal costs $0.65 • Some mutual funds cost $49.95 • Complex look can be too much for new users • Can’t trade cryptocurrencies • Real-time data costs $32/month if you don’t trade much • More costs for people who trade a lot of options |
Webull is known for great tools, a big screen that you can change, and things like trade with futures and paper trade, making it a top pick for those who know tech well. Still, its weak help for users and not many learning helps might worry some.
Robinhood’s simple phone use and trades at any time for 24/5 are good for new users. But, no big tools, no big screen to use, and few chart choices might make old traders want more.
TD Ameritrade does well with deep look-ups, learning, and the strong thinkorswim screen, which lets you make smart order types and use many assets. But, its high costs and hard screen might scare off new traders.
At last, the top pick changes with how you trade and what parts are key for you.
Ending Notes
Out of the three trading places, Webull shines as a top pick for those who trade daily and want good tools but not too much mess. It lets you trade without any fees and does not ask for money per deal on stock choices, saving a lot of cash for traders who buy and sell a lot. With its great set of tools, Webull stands as a serious option for daily trading moves.
"Webull is a fantastic choice for short-term investors who wish to trade options and futures. Day traders in particular will enjoy the commission-free options contracts and low prices for futures." – StockBrokers.com
Webull’s easy design is made for tech-smart new folks and those with some skill who want to use more than basic sites like Robinhood but are not ready for very hard ones. With 59 tech signs and quick chart tools, the site gives strong analysis options but is easy to learn.
For quick, day-by-day traders, Webull’s parts are right on point. Its stock filter, for one, lets users find chances based on things like net profit and EPS growth, while fast trade fills make sure deals are done quick .
Yet, Webull isn’t for all. Long-time savers who want mutual funds or bonds – or those who like sites with lots of learning help – might see other sites as better picks. Also, Webull’s help team could be better, as its low 1.4-star Trustpilot score shows.
With its mix of low cost, advanced chart tools, and top-level features, Webull gives a strong site at a good price. For those not sure to start right away, the site also has a demo trading part, letting users try it without using real cash.
FAQs
Why is Webull Top for Day Trading in 2025?
In 2025, Webull stands out as a key choice for day traders, mainly due to its zero-commission trading on stocks, ETFs, and options. By cutting out trading fees, Webull lets traders keep more of their gains.
The site also boasts strong tools to boost trading tactics. Features like live market data, Level 2 Market Data for better market views, and top-notch charting help traders make sharp, well-thought-out moves.
An added top point is Webull’s pre-market and after-hours trading, which lets people trade past normal hours, catching chances others might miss. For those who want to try without risk, the paper trading feature allows for safe strategy testing. With its mix of saving perks and top tools, Webull is a top choice for traders wanting to do their best.
How do the extra fees from rules hit your total cost of trades on Webull?
Fees from bodies like the SEC and FINRA are a common part of trading. They hit all U.S. broker sites, Webull included. Even if Webull says "no fee" to trade, these small fees are still there. They are figured from the full amount of each trade.
For most who trade, these fees are tiny and do not much shift the total cost of trading. This keeps Webull a low-cost pick for busy traders.
