Head-to-head
Fidelity vs Webull
Zero-fee index funds pioneer Webull: Mobile-first $0 trading
4.2/ 5 | 3.9/ 5 | |
|---|---|---|
| Best for | US residents; a benchmark quote for everyone else. | Mobile-first traders with a US tax ID. |
| Account opening | $0 to opensource | $0 to opensource |
| Annual fee | $0source | $0source |
| US stocks, ETFs & options base (online) | $0 onlinesource | $0 commissionsource |
| Options (online) | $0 + $0.65 per contractsource | $0 commissionsource |
| Zero-fee index funds | ✓ Zero expense-ratio index fundssource | — |
| Account protection | ✓ SIPC membersource | ✓ SIPC $500k ($250k cash) + excess Lloyd's cover to $100M aggregatesource |
| India access | — | — |
| Extended-hours trading | — | ✓ Pre-market + after-hours US sessionssource |
| Mutual funds | — | — |
| IPO | — | — |
| US stocks | ✓ Supported | ✓ Supported |
Highlighted rows differ. “Confirming” means we haven't re-verified that figure yet — check the official pricing page.
Used one of these? Tell the next investor in 30 seconds.
A star rating and one detail is enough. Human-moderated, no account needed.
4.2/ 5
Excellent pricing, closed to Indian residents. Returning NRIs with a US address can consider it; everyone else should look at IBKR or Schwab International.
3.9/ 5
Cheapest headline pricing, gated by US onboarding. Great if you have an SSN; otherwise use the India routes on /us-investing.
Fidelity: strengths & weaknesses
What we like
- $0 trades + zero-fee index funds
- Excellent research and customer service
- No minimums, no annual fee
Watch out for
- No new accounts for customers residing outside the US
- Not a practical route for Indian residents
- US-tax paperwork even for eligible NRIs
Webull: strengths & weaknesses
What we like
- $0 commissions on stocks, ETFs and equity options
- Polished mobile charts + extended-hours trading
- SIPC + excess Lloyd's coverage
Watch out for
- SSN/ITIN required — limited direct access from India
- Regulatory/exchange pass-through fees still apply
- Thinner research than Schwab/Fidelity
Affiliate disclosure: LetsInvest earns a commission if you open an account via links on this page — at no extra cost to you. Rankings are editorial and never sold. Read how we make money and our methodology.
How we research. Every fee on this site carries a source and a verification date. Data is re-checked against official broker pages; read our editorial methodology. LetsInvest is a research publication, not a financial adviser — see our terms.