Webull launches low-cost brokerage services in Canada
“We already have tens of thousands of Canadian users leveraging market data and analytics alone, so we are proud to bring the award-winning brokerage services to them and look forward to expanding our user base in Canada.”
Webull Corporation, the parent company of the popular Webull trading platform, has officially launched brokerage services in Canada.
This expansion allows Canadian residents to trade both Canadian- and US-listed equities using the award-winning Webull app.
“A low-cost trading solution right to your fingertips”
Anthony Denier, Group President at Webull, said: “Webull sees a huge opportunity to disrupt a traditionally expensive brokerage system in Canada. Since inception, we have been providing powerful market data tools across the world. We look forward to expanding to another market and providing greater and easier access to trading for all.”
Michael Constantino, CEO of Webull Securities (Canada) Limited, added: “Webull’s state-of-the-art app, driven by world-class technology, offers market data, tools, analytics, and education for free and brings a low-cost trading solution right to your fingertips. We already have tens of thousands of Canadian users leveraging market data and analytics alone, so we are proud to bring the award-winning brokerage services to them and look forward to expanding our user base in Canada.”
Webull Canada, authorized in November 2023, has introduced order execution-only brokerage functions, offering features such as real-time quotes, comprehensive market data, 20+ charting widgets, 60+ indicators, paper trading, and educational tools.
The trading platform first launched in the US in 2018 and received industry recognition, winning awards such as “Best Brokerage App” at Benzinga’s 2022 Global Fintech Awards and “Best Options Trading Platform” at the Finder Stock Trading Platform Awards.
Webull hired ex-Cboe Arianne Adams to drive strategy
Webull is a leading digital investment platform with global infrastructure. Headquartered in St. Petersburg, Florida, the Webull Group serves tens of millions of users across 180 countries, offering 24/7 access to financial markets.
Users can trade global stocks, ETFs, options, and fractional shares through the Webull trading platform, available in various countries, including the United States, United Kingdom, Hong Kong, Singapore, Australia, South Africa, Japan, Mexico, and now Canada.
The prominent commission-free trading platform has recently announced the appointment of Arianne Adams as its Chief Strategy Officer and Head of Derivatives.
Adams’ professional background includes a recent position as Senior Vice President, Head of Derivatives and Global Client Services at Cboe Global Markets, Inc.
In this role, she managed the operations of the options and futures business and led initiatives to educate new investors and expand the global reach of Cboe’s proprietary products. Her experience also extends to senior roles at Goldman Sachs, Capstone Investment Advisors, and Merrill Lynch.