Webull Uk Reviews 2

Can't fund the account

They use a 3rd party payment system to fund the account! Yes it does sound crazy.
Not only that but "Plaid" the software generates a qr code that no app is reading, tried with 3 banks, no bank app has that QR code option for payments. And if I use the QR software from the phone it goes to the Barclays/Revolut/etc, WEB PAGE where I am asked to open an account! I already have one.

I am doing trading and banking for the last 25 years, and this is the first time I am confronted with this nonsense

I have been using Webull UK (mainly desktop app) for few months; here what I think of it so far.

PRO
• Easy-to-use platform.
• Many advanced tools and info available.
• Quick order execution.
• Paper trading.
• OCO (One Cancels the Other) orders during normal market hours.
• Low commissions.
• Fractional shares.
• Extended trading hours.
• No minimum deposit (trade must be for at least $5 worth of stock).
• Stock screener.

CONS
• It doesn’t show your position on chart (desktop – available on mobile app)
• It doesn’t show your Stop-loss and Take-profit positions on chart (US version does).
• Not possible to download movements in excel format.
• Download statements in pdf format and only from mobile app, no desktop.
• Ubuntu version only available in US (Windows 10 support will end soon!!!)
• P&L widget is useless (it’s just a line)
• No Stop-loss in pre-market and after hours
• No ETF available.
• No tax-efficient account.
• Long wait (months) for getting free stock promos.

Webull UK mobile and desktop apps have many less tools than the US counterparts. It is not clear why they don't make those tools available in UK too.