Webull Corporation, a leading digital investment platform, has announced the launch of brokerage services in Canada.
The Florida-headquartered firm aims to utilise the expansion to democratise trading for Canadian residents, offering a cost-effective alternative to traditional brokerage systems.
In November 2023, Webull Canada successfully obtained its authorisation and has now officially rolled out its order execution-only brokerage functions.
The newly introduced Webull Canada brokerage services enable Canadian users to trade both Canadian- and US-listed equities through the Webull app.
Alongside equity trading, users gain access to real-time quotes, extensive market data, charting widgets, indicators, paper trading, and educational tools, fostering informed investment decisions.
The company, which has a user base spanning over 180 countries, is renowned for its innovative and superior mobile trading solutions.
Webull serves tens of millions of retail investors, providing 24/7 access to financial markets worldwide.
Anthony Denier, Group President of Webull, commented, “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,” he continued.
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.”
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