Interactive Brokers
Pro-grade global market access
4.6/ 5
Best for: Serious Indian investors funding $10k+ via LRS who want direct US market access.
Compare Interactive Brokers with others →US broker review
Webull review
Mobile-first $0 trading
3.9/ 5
- Since 2017
- Stocks $0 commission
- Options $0 commission
Reviewed by LetsInvest Research DeskUpdated 17 Sept 2026Pricing verified 17 Sept 2026How we test
Overview
Webull offers $0-commission US stock/ETF and equity-options trading in a polished mobile app with extended hours and SIPC + excess coverage. The catch for Indians: opening a US account requires an SSN/ITIN, so direct access from India is limited — most investors are better served by INDmoney or Groww routes.
Best for: Mobile-first traders with a US tax ID.
Pros & cons
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
Fees & charges (USD)
Account charges
- Account openingWhat it costs to open the account. All four open free; IBKR margin accounts need a $2,000 minimum deposit.
- $0 to open✓ Verified 17/9/2026Source: Official pricing page · Static-verified
- Annual feeYearly account fee. None of these US brokers charges one.
- $0✓ Verified 17/9/2026Source: Official pricing page · Static-verified
Equity
- US stocks & ETFsCommission on US stock/ETF trades. $0 online everywhere — except IBKR, where Indian accounts use per-share Pro pricing (Lite $0 is US-only).
- $0 commission✓ Verified 17/9/2026Source: Official pricing page · Static-verified
Derivatives (F&O)
- Equity optionsPer-contract fee on US options, on top of a $0 base commission. Exchange and regulatory pass-throughs apply on top everywhere.
- $0 commission✓ Verified 17/9/2026Source: Official pricing page · Static-verified
Source & freshness
- Source
- Each broker's official pricing page (per-row source links above)
- Timeliness
- Static-verified
- Verified
- 17/9/2026
- Method
- reported
- Note
- Re-checked against official pages; unverified rows show Confirming. Never a live tick.
Sources: official broker pricing pages linked in our verification log. Brokerage is only part of the cost — forex spread, LRS/TCS and US withholding sit on top.
India access
✕ Limited: SSN/ITIN required — limited direct access from India
Platforms & protection
trading
- Extended-hours trading✓ · Pre-market + after-hours US sessions
protection
- Account protection✓ · SIPC $500k ($250k cash) + excess Lloyd's cover to $100M aggregate
Support & company
Customer support
Support channels not yet listed — check the broker's contact page.
Company facts
- Founded
- 2017
- Regulation
- SEC, FINRA, SIPC member
Cheapest headline pricing, gated by US onboarding. Great if you have an SSN; otherwise use the India routes on /us-investing.
Funding from India (LRS)
Indian residents can remit up to $250,000/year under the RBI's Liberalised Remittance Scheme to fund a US brokerage account. Budget for TCS on remittances above ₹10 lakh, a 0.5–1.5% forex spread, and 25% US dividend withholding on top of the brokerage above.
US-cost calculator →How US investing from India works →NRI corner →
Alternatives to Webull
Charles Schwab
Trusted US giant, $0 stock trades
4.4/ 5
Best for: Long-term US-index investors opening via Schwab One International.
Compare Charles Schwab with others →
Fidelity
Zero-fee index funds pioneer
4.2/ 5
Best for: US residents; a benchmark quote for everyone else.
Compare Fidelity with others →Webull FAQs
Can Indians open a Webull account?
Direct US onboarding requires an SSN or ITIN, which most Indian residents don't have — so practical access from India is limited. Indian investors wanting a similar mobile-first experience should compare INDmoney and Groww US routes.
What does Webull charge?
$0 commissions on US stocks, ETFs and equity options. Regulatory and exchange pass-through fees still apply, and index-option exchange fees may be passed through.
User reviews
No user reviews yet
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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.
Visit Webull
Official site — pricing varies by plan, verify before acting.