Are you looking to grow your wealth in these times of high inflation? The stock market can be a great place to start, but before you jump in, there’s one thing you need to know: trading in overseas markets, like the United States, can be expensive.
Full-service brokers may charge a minimum commission amount, which can be higher than the standard commission rate if you invest a small amount. On top of that, you might have to pay platform fees and other corporate action fees to keep your overseas stocks with them.
Fortunately, self-directed or discount brokers have made trading more affordable in recent years. But the one of the newest entrant in the Singapore market, Webull, is going one step further by not charging any commission or platform fee* for trading US stocks. That’s right, zero fees!
Find out how opening a Webull brokerage account could be the most cost-efficient way for you to trade in the US markets.
Who Is Webull?
Founded in 2017, Webull is a zero-commission, zero-fees*, no minimums, self-directed US broker-dealer.
It has over 28 million registered users and operates in 16 markets, including a Singapore branch, Webull Securities (Singapore), which was incorporated in 2022. It is regulated by the Monetary Authority of Singapore (MAS) and holds a Capital Markets Services (CMS) licence under the Securities and Futures Act 2001.
Singapore investors are able to open one of two types of accounts—Cash or Margin. These accounts allow trading in three markets, namely the United States, Singapore, and Hong Kong, including Chinese A-Shares, using Webull’s award-winning investment platform.
Source: Webull
Attractive Fee Structure – Zero Commission And Platform Fees*
One of the main selling points of Webull is its fee structure, especially for US stocks, compared to other brokers in Singapore.
US Markets
With a Webull account you enjoy 0% commission buying US stocks and options as well as free access to Level 2 US Market data. You’ll only pay fees when you sell. This includes a trading activity fee of USD 0.000195 per dollar (minimum USD 0.01, maximum USD 9.79 per trade), a consolidated audit trail fee and an SEC Fee. Even after adding these up, the total is still lower than the typical online commission rates of around 0.18% or at least US$27 charged by full-service brokerages.
You will only incur a trading activity fee and other related charges when you make sell trades. These include a trading activity fee of USD 0.000195 x total trade amount (minimum USD 0.01 and maximum USD 9.79) per trade. Additionally, there is also a consolidated audit trail fee of USD 0.000003 x total trade amount and Securities and Exchange Commission (SEC) Fee of USD 0.00002060 x total trade amount. In total, this amount is still lower than the typical online commission rates of around 0.18% or at least US$27 charged by full-service brokerages.
This is an important differentiating factor for Webull. Sometimes, due to the minimum commission fee, you may feel compelled to invest more than you want to in a particular stock just to make the minimum commission costs worth paying. With Webull you don’t have to worry about that. In fact, given that buying is commission-free and only selling incurs a small fee, this could be useful to save on the transaction costs for long-term investors who trade less frequently.
This is especially helpful as Webull offers fractional trading for shares and Exchange Traded Funds (ETFs). You can start with as little as US$1 or a minimum of 0.00001 shares per order. That means you can dollar-cost average (DCA) into popular and expensive stocks like Apple, Tesla, or the S&P 500 with whatever amount you’re comfortable with, without worrying much about commission fees eating into your returns.
Source: Webull
Webull also does not charge any platform fees, unlike some discount brokers who may offer zero commission but still charge a platform fee of US$0.99 per order.
Hong Kong Markets
For the Hong Kong market, Webull charges a commission rate of 0.03% of the total trade value or a minimum fee of HKD 12. This means for any trade valued at less than HKD 40,000 (or around SG$6,800), you will need to pay the minimum commission fee. But like the US market, there are no platform fees charged for the time being, and you will need to pay for the other miscellaneous trading-related fees.
Chinese Market
You can also invest in A-shares on Webull through the Shanghai-Hong Kong Stock Connect/Shenzhen-Hong Kong Stock Connect, which are traded in lots of 100 shares each. You will need to pay 0.02% of the total trade amount as trading commission or a minimum of CHN 12 per trade. As in the other two markets, though there are no platform fees, but you still need to pay for other trading-related miscellaneous fees.
Read Also: Singapore Online Stock Brokerage Account Fees Comparison (2026 Edition)
Intuitive Trading Platform –Available On Desktop And Mobile Application
The Webull platform is available on both the desktop (Mac and Windows) and mobile applications (Apple iOS and Google Android). It features an intuitive design that makes it easy for new users to navigate and start trading quickly.
It offers powerful trading tools that users who rely on technical analysis may find useful to analyse stocks. This includes providing a Technical Summary Score and drawing tools and popular trading indicators such as moving averages, VWAP, MACD, and RSI on its desktop platform.
For traders who rely on technical analysis, Webull offers powerful tools including a Technical Summary Score, drawing tools, and popular indicators like moving averages, VWAP, MACD, and RSI — all accessible on its desktop platform.
It also has fundamental data such as earnings per share (EPS), return on assets (ROA), and net margin, which can be toggle between the past five quarters or years. The platform also provides level 2 order book data, order flow distribution, analyst ratings, and price targets, giving traders unique insights into each stock.
Additionally, as AI becomes more widely used, Webull has introduced agentic AI features that allow users to research markets, analyse their portfolio, and execute trades through natural language conversations. It can provide real-time market data, company insights, and trade management, while giving users full control through order previews and customisable limits. This can make the trading process faster and more convenient, especially for investors who want to make more informed decisions without having to manually search across multiple tools.
Other Investments Available On Webull – Options, Mutual Funds, And Moneybull
As an all-in-one self-directed investment platform, Webull also allows users to trade options, invest in mutual funds and open a cash management account that could complement your stock investments.
Options
If you invest in US stocks, you may also wish to complement your trading strategies with US options. Webull offers options trading at a competitive rate of USD 0.55 per contract, with no platform fees, assignment fees, or exercise fees. There is also no minimum deposit required, though you still need to pay for the relevant regulatory and exchange fees.
The customisable options chain features single-leg option quotes, real-time charts, and smart trading tools like volume statistics and probability analysis, making it simple for all option traders to use. If you’re starting out, you can learn more about options trading from the educational resources under the Learning tab in the Webull app. You could also test your knowledge and strategies with the Webull options paper trading to build your confidence before trading with real money.
Mutual Funds
You can also invest in a wide selection of mutual funds such as Cash Funds, Equity Funds, Fixed Income Funds and Multi-Asset Funds on the Webull platform due to its partnership with global fund houses. Additionally, you can conveniently access key fund details within the app, including performance, factsheets, Morningstar ratings and fund manager information.
Best of all, there are no minimum redemption amount and no subscription or redemption charges (yes, zero* fees!) for all the mutual funds available on Webull.
Moneybull
If you have a margin account with Webull, you can subscribe to Moneybull, a wealth management tool that lets you automatically earn a yield on your idle cash. It invests in low-risk cash funds such as the CSOP USD Cash Money Market or Fullerton SGD Liquidity A, while still giving you the liquidity and flexibility to invest in stocks, ETFs, options, and mutual funds within the platform.
You can invest in Moneybull, which has a 7-day yield of up to 3.58%** p.a. from as little as SGD 1/USD 1 with no additional fees charged.
Source: Webull (screengrab as of 28 July 2026)
Opening A Webull Trading Account
Anyone above 18 years old can open a Webull trading account by simply completing the in-app application using their Singpass. It takes around 1 to 3 business days for the account to be approved if the application details are submitted accordingly.
With a Webull account, you can easily access the US, Hong Kong, and China markets in a cost-efficient manner. You can also complement your stock portfolio by investing in options, mutual funds, and the cash management solution offered under the Webull trading app.
Best of all, the intuitively designed trading app provides many useful charts, indicators, and educational information to help you succeed in your trading journey. Check out the latest offers for opening a Webull account to start growing your investments today.
Disclaimers:
*Terms and Conditions apply. For detailed terms and conditions and full disclaimer, please refer to Webull’s website. This advertisement has not been reviewed by the Monetary Authority of Singapore.
**Figures shown are based on 7-Day Yield (P.A.) as of 28 July 2026 and not an indication of future performance.
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