Can You Trade Futures on Webull?

For all the traders around, it is necessary to have a platform available that can help them start with a particular asset. If you are a trader looking forward to starting trading in futures, there is a possibility that you might have come across multiple platforms. We are pretty sure that the platform that has got your attention is Webull, and you are curious to know whether you can trade for futures on it or not. If this is the scenario, we are surely happy to help you out. Keep on reading to learn about everything in detail!

Can you trade futures on Webull?

According to the updates received till February 2024, there is NO option available to trade into futures at Webull. This portal is specifically focusing on commission-free stock and options trading for all the retail investors who are utilising it.

Also Read: Can You Trade Forex on Webull?

Is it possible to trade into futures on Webull anywhere?

It is essential for users to understand that if they are US residents, they will not be able to trade in the future. But if they are living outside the US, there is an option available through which users can start trading into futures. The places include Hong Kong, Singapore, Australia, and other selected markets.

There are so many features available with it, including affordable commission and integrated trading experience. But do understand future trading is only available for experienced investors, and no new man can start with it.

Also Read: How to Buy Fractional Shares on Webull

Things to consider before future trading:

Future trading options may appear to be quite fascinating to users. But this is not as simple as expected. There are certain things essential to keep in mind:

Understand about the risk:

Do understand that futures are leveraged instruments, and you will be able to control a larger contract with a smaller amount of capital. This can lead to gains and losses so understand risk in detail before investment.

Pay attention to your experience:

Future trading is not for those who have just entered into the stock market. It is essential for you to be a bit experienced before doing the investment seamlessly. If you are new to it, take some time to analyse the market and understand how you can start.

Check eligibility:

Even if you are living outside the US and considering using Webull, you need to be sure about the eligibility requirements. Check on the eligibility requirements over the portal so that you can be sure whether these are fulfilled or not.

Conclusion:

In conclusion, Future trading is a risky investment, and it is important for an investor to be sure when they are investing and when not. It is necessary to check on everything in detail. When you are starting with Webull in the US, there is no option available to you for future trading; you can look out for some other portals available that are the same option, but be sure that you have experience analysing the market to generate profits!