eToro is an Israeli firm that is privately held. Yoni, Ronen Assia, and their partner David Ring started it in Tel Aviv in 2007. RetailFX was the name of the platform when it initially launched. Fumi Technology is the firm behind Webull. Anquan Wang formed this private Chinese holding firm in 2016. Although the parent firm is Chinese, the platform is registered as a US company with headquarters in New York under Webull Financial LLC.

Does Webull have fees?

Even though the Webull platform is commission-free, there are still expenses associated with trading. Webull trading costs are typically fractions of a dollar, and regulatory bodies rather than Webull impose them.

Which is better: eToro or Webull?

Both platforms are easy to use and provide commission-free options, stock, and ETF trading. Both, however, have benefits and downsides. Regarding costs, for example, deposits on eToro are free; however, not all deposit methods on Webull are.