Webull
Webull has developed an online trading platform that offers users the opportunity to trade stocks, options and exchange-traded funds. Webull's profit engine is based on order flow, generating profits between the buy and sell price.
At the end of 2019, Webull took a strategic initiative by partnering with Nasdaq TotalView. This collaboration gives traders access to in-depth market data through two option subscriptions. The platform also offers margin trading, giving users added flexibility.
In addition, Webull charges monthly interest on loans to merchants, thereby broadening its sources of income. In the case of short selling, additional fees are charged to investors who wish to borrow shares before selling them.