I think they are a Chinese company based in the Cayman Islands major red flags for me. Robin hood would be a close competitor, and I would pick them if I were to chose between the two. Both have horrible service. Take a look at TD Ameritrade. You don't have to use think or swim, I have bought shit right from my phone and website, and because they are a bank, you have all the benefits and options a bank will offer you. I can write a check and it come right out my stock account if I wanted to. Money also clears quicker. Being new, you shouldn't choose a company that doesn't have customer service because you will have questions, webull wont be there at all, and Robin hood don't hold your breath but they are better. Start with a large firm for long term investing. You're money is way safer there, and as you become more advanced, you wont have to deal with moving your portfolio to something that will suit your needs in the future when you do grow out of the smaller brokers. If you were using it was a a draft kings gambling app I would say sure why not. But if you are thinking for your future, I give that a solid no.
For sure, i just used it for the free fractional shares for 5 bucks. Was thinking of using something better to transfer those once i get a feel of things.
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I think they are a Chinese company based in the Cayman Islands major red flags for me. Robin hood would be a close competitor, and I would pick them if I were to chose between the two. Both have horrible service. Take a look at TD Ameritrade. You don't have to use think or swim, I have bought shit right from my phone and website, and because they are a bank, you have all the benefits and options a bank will offer you. I can write a check and it come right out my stock account if I wanted to. Money also clears quicker. Being new, you shouldn't choose a company that doesn't have customer service because you will have questions, webull wont be there at all, and Robin hood don't hold your breath but they are better. Start with a large firm for long term investing. You're money is way safer there, and as you become more advanced, you wont have to deal with moving your portfolio to something that will suit your needs in the future when you do grow out of the smaller brokers. If you were using it was a a draft kings gambling app I would say sure why not. But if you are thinking for your future, I give that a solid no.
Jump in the discussion.
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For sure, i just used it for the free fractional shares for 5 bucks. Was thinking of using something better to transfer those once i get a feel of things.
Jump in the discussion.
No email address required.
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