Sage-Tips

Where is Webull based?

New York, NY
Company Description: Webull Financial LLC is located in New York, NY, United States and is part of the Management, Scientific, and Technical Consulting Services Industry.

Does Webull work in Hong Kong?

Since 10 September 2020, Webull has officially entered into the Hong Kong market. As a financial company driven by technology, Webull is committed to offering more convenient investment services on US and Hong Kong stocks.

What is Webull HK?

Webull Securities Limited (“Webull”) is licensed with the Securities and Futures Commission of Hong Kong (“SFC”) (CE No.: BNG700) for carrying out Type 1 regulated activity (“dealing in securities”). We are a customer-oriented, internet-based, technology-driven financial institution.

Is Webull from China?

Webull is owned by Fumi Technology, a financial analysis firm that offers market trading tools for personal investors. Webull’s customer-facing unit and brokerage wings are located in New York City, however, their technology team is located in Hunan, China.

Is Webull owned by Alibaba?

What Should I Know About Webull? Webull is owned by Fumi Technology, a Chinese holding company with backing from smartphone maker Xiaomi. The company was founded by Wang Anquan, a Chinese executive with stints at Alibaba and Xiaomi on his resume.

Can Americans trade on the Hong Kong Exchange?

Investors in the United States can select Hong Kong stocks listed as American depository receipts (ADRs) on their home stock exchanges like the New York Stock Exchange (NYSE) or Nasdaq or from over-the-counter (OTC) exchanges. The drawback here is the limited choice—only a few foreign stocks are registered as ADRs.

Is Webull a Chinese app?

Webull is owned by Fumi Technology, a Chinese holding company that has received backing from Xiaomi, Shunwei Capital, and other private equity investors in China.

What’s bad about Webull?

On the negative side, Webull’s product portfolio is limited, covering only stocks, ETFs and options. Only bank transfers are available for deposits and withdrawals. Phone support doesn’t work properly and there is no live chat.

Can I trade Hong Kong stocks on Webull?

Open Webull Security account. Enjoy Commission-free Online Stock Trading on the U.S. and HK markets. 0 Membership fee for trading U.S. and Hong Kong stocks. IPO subscription with 0 commission (only within promotional period).

Is webull regulated in Hong Kong?

Webull Securities Limited is licensed with the Securities and Futures Commission of Hong Kong (CE No. BNG700) for providing type 1 regulated activity (“dealing in securities”). Webull Technologies Limited and Webull Securities Limited are two independent entities of a joint ownership.

What is webull Technologies Limited?

Webull Technologies Limited (“Webull”) provides technology support, market data, and the development and operation of such products and services as Webull App, Webull Client, and Webull Website.

Is webull good for new traders?

Both professional traders and newbies can find all their needs met on Webull platforms. Webull supports cross-platform terminal for iOS, Android, Windows, iMac and Web with free subscription of HK stock real time quote (BMP market data), global mainstream stock exchange quotes and financial news.

What is webull’s new promotion activity?

To provide better trading services to users, Webull Securities plans to launch a time-limited promotion activity: clients who successfully opened an account before 15 Dec 2020 can enjoy the privilege of 0 commission for a lifetime.