Margin Trading
Margin trading enables you to borrow money from Webull and leverage your holdings to purchase securities. This gives you access to additional buying power based on the value of certain securities and assets in your brokerage account.
Why Choose Webull for Margin Trading​
The Benefit of a Margin Trading Account​
Understand the Risks of Margin Trading
How Trading Securities on Margin Works​
Get Started
Margin trading involves unique risks, including interest charges and the potential to lose more than deposited. Before trading with margin, you should determine whether this type of trading strategy is right for your specific investment objectives, experience, risk tolerance, and financial situation.  For more information please see Webull Financial’s Margin Disclosure Statement, Margin Agreement, Day Trading Risk Disclosure Statement and FINRA Investor Information.
Additional info: 
webull.com/policy.
Webull Margin: Simple & Straightforward Pricing​​
A lower margin rate means a lower cost to borrow. Our interest rates are lower based on the amount of your margin balance.
12.825%
11.375%~ 12.325%
11.325%
11.075%
Charles Schwab
13.20%~ 13.45%
12.45%~ 13.95%
11.95%
11.45%
E*Trade
12.825%
11.375%~ 12.325%
11.325%
11.075%
8.75%
8.50%
8.50%
Fidelity
8.99%
8.49%
7.99%
7.49%
6.49%
5.99%
4.99%
Webull
Margin Balance
$0.00~$25,000.00
$25,000.01~$100,000.00
$100,000.01~250,000.00
$250,000.01~$500,000.00
$500,000.01~$1,000,000.00
$1,000,000.01~$3,000,000.00
>$3,000,000.00
Webull margin accounts provide up to 4x leverage for day-trade buying power and 2x leverage for overnight buying power. You must have at least $2,000 in equity to qualify.
With a Webull margin account, you can trade stocks, ETFs, options including advanced strategies and participate in IPOs across multiple devices.
Our dedicated team of service representatives is available to guide you through our multiple platforms and address any inquiries you may have during standard business hours.
Increased Buying Power​​
Extensive Product Access​
Stay Connected
The benefits of a Webull margin trading account​
Leverage Assets to Increase Your Buying Power​
Ability to Short-Sell and Hedge Against a Downturn in the Market
A Qualified Trader with a Margin Account Can Access Advanced Option Trading
Access Capital Without Liquidating Your Current Assets
Diversify Your Portfolio with a Wider Range of Assets and Strategies
Increased Liquidity - Trade Freely Without Waiting for Your Trades to Settle
Understand the risks of margin trading​

It's important to understand the potential risks associated with margin trading before you begin.​

• Potential margin calls or liquidation of securities
• Margin trading is more complex and involves additional rules and regulations compared to cash trading. It requires a thorough understanding of the risks involved
• Trading losses may be greater than the value of the initial investment
• Leveraged investments incur greater losses and risks
• Additional costs from margin interest charges
Learn more about margin trading & short selling >>
To purchase 100 shares of a $60 stock on margin​
Stock price rises to ​
$65
per share​
Stock price falls to
$55
per share​
from your original investment​
$3,000​
$3,000​
from your original investment​
$3,000​
You borrow​
$3,000​
of your funds​
You invest​
$3,000​
of your funds​
of Webull funds​
owed to Webull​
$3,000​
$500​
loss​
Total stock purchase​*
$6,000​
profit​
$500​
Your total ​ stock value​
$6,500​
Your total ​ stock value​
$5,500​
Remaining value after paying money borrowed on margin from Webull​
$2,500​
Remaining value after paying money borrowed on margin from Webull​
$3,500
How Trading Securities on Margin Works​

Here is an example to help you get a better understanding of how margin may amplify your profits as well as your losses based on the directional movement of a stock's price.​ Additional costs arise from margin interests accrued daily.

*The examples above do not include the cost to borrow. Please refer to https://www.webull.com/pricing for more info.
Get Started
Open a Webull brokerage account.​
When choosing an account type, select Margin.
Fund your account with at least $2,000 in cash or transfer the equivalent value of marginable securities.
Keep a minimum of 25% of your total account value as equity at all times.​
Getting Started with Webull Margin Trading​
FAQs
A cash account is a type of brokerage account in which the investor must pay the full amount for securities purchased. A margin account is a brokerage account which allows investors to leverage the funds and securities they already own to purchase additional securities. It provides a great opportunity to leverage your investment to help increase your return. At the same time, it has the risks of magnifying your losses.
What’s the difference between margin and cash accounts ?​
While margin trading provides more trading opportunities, understanding the rules and potential risks is essential before you start.​ If you like to day trade, you probably want to keep your equity value (crypto not included) above $25,000. This is because when you’re flagged as a Pattern Day Trader (PDT) and your equity value dips below $25,000, an Equity Maintenance (EM) call may occur.​ Another important thing to understand is buying power. This determines how much you can spend. There are two types of buying power:​ - Day Trade Buying Power (DTBP) refers to the funds you have available to place trades on a given trading day. It is often 4x your equity value.​ - Overnight Buying Power (ONBP) refers to the funds you have available to hold positions overnight. It is often 2x your equity value.​ This means you cannot use all of your DTBP and hold the position overnight. You may trigger margin calls related to buying power. Read the rest of our course to learn more about margin calls.​
What are the rules for margin trading?
1) Go to the “Watchlist” tab on the main screen. ​ 2) Look up a stock of your choice and tap on it. ​ 3) Check to see if there is a dollar icon on the top right. 4) If there is, tap the icon and you will see the maximum leverage on this stock.​
How do I know which stocks I can trade with leverage?

Securities trading is offered to self-directed customers by Webull Financial LLC, a broker dealer registered with the Securities and Exchange Commission (SEC). Webull Financial LLC is a member of the Financial Industry Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC), The New York Stock Exchange (NYSE), NASDAQ and Cboe EDGX Exchange, Inc (CBOE EDGX).

Webull Financial, LLC is a CFTC registered Futures Commission Merchant and NFA Member. Futures and futures options trading involves substantial risk and is not suitable for all investors. Please read the Risk Disclosure Statement and other relevant Futures Disclosures located at www.webullbrokers.net/fcm-disclosures.aspx prior to trading futures products. Futures accounts are not protected by the Securities Investor Protection Corporation (SIPC).

Advisory accounts and services are provided by Webull Advisors LLC (also known as "Webull Advisors"). Webull Advisors is an Investment Advisor registered with and regulated by the SEC under the Investment Advisors Act of 1940. Registration does not imply a level of skill or training. See additional information on the Disclosures webpage. Trades in your Webull Advisors account are executed by Webull Financial LLC.

Webull Financial LLC is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 in any cash awaiting reinvestment). An explanatory brochure is available upon request or at www.sipc.org. Webull Financial LLC’s clearing firm Apex Clearing Corp has purchased an additional insurance policy. The coverage limits provide protection for securities and cash up to an aggregate of $150 million, subject to maximum limits of $37.5 million for any one customer’s securities and $900,000 for any one customer’s cash. Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities.

Options trading entails significant risk and is not appropriate for all investors. Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Losses can potentially exceed the initial required deposit. You need to complete an options trading application and get approval on eligible accounts. Please read the Characteristics and Risks of Standardized Options before trading options.

All investments involve risk, and not all risks are suitable for every investor. The value of securities may fluctuate and as a result, clients may lose more than their original investment. The past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit or protect against loss in a down market. There is always the potential of losing money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing.

Diversification does not eliminate the risk of experiencing investment losses. Margin trading increases risk of loss and includes the possibility of a forced sale if account equity drops below required levels. Margin is not available in all account types. Margin trading privileges are subject to Webull Financial, LLC review and approval. Leverage carries a high level of risk and is not suitable for all investors. Greater leverage creates greater losses in the event of adverse market movements.

Investors should be aware that system response, execution price, speed, liquidity, market data, and account access times are affected by many factors, including market volatility, size and type of order, market conditions, system performance, and other factors. Market volatility, volume and system availability may delay account access and trade executions.

Free trading of stocks, ETFs, and options refers to $0 commissions for Webull Financial LLC self-directed individual cash or margin brokerage accounts and IRAs that trade U.S. listed securities via mobile devices, desktop or website products. A $0.55 per contract fee applies for certain index options and a $0.10 per contract fee applies for oversized option orders. Relevant regulatory and exchange fees may apply. Please refer to our Fee Schedule for more details.

No content on the Webull Financial LLC website shall be considered as a recommendation or solicitation for the purchase or sale of securities, options, or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.

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