Webull launches brokerage services in Canada

By Gloria Methri

Webull Corporation, the owner of the Webull trading platform, has announced the launch of brokerage services in Canada. Through licensed financial services trading firm Webull Securities (Canada) Ltd., Canadian residents will be able to trade both Canadian- and US-listed equities through the brokerage app.

Webull Canada secured its authorization in November 2023 and has now launched its order execution-only brokerage functions. In addition to equity trading, tools, and offerings available to users include real-time quotes and in-depth market data, 20+ charting widgets and 60+ indicators, paper trading, and robust educational tools.

“Webull sees a huge opportunity to disrupt a traditionally expensive brokerage system in Canada,” said Anthony Denier, Group President, Webull. “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 is a digital investment platform providing retail investors with 24/7 access to financial markets worldwide. Users can put investment strategies to work by trading global stocks, ETFs, options, and fractional shares, through Webull’s trading platform, which is currently available in the United States, United Kingdom, Hong Kong, Singapore, Australia, South Africa, Japan, Mexico, and Canada.

The trading platform launched in the US in 2018 through its SEC-registered broker-dealer and FINRA member subsidiary. The platform can be downloaded through the Apple App Store and the Google Play Store.