The coverage limits provide protection for securities and cash up to an aggregate of $150 million, subject to maximum limits of $37.5 million for any one customer’s securities and $900,000 for any one customer’s cash. Explanatory brochure available upon request or at www.sipc.org.Our clearing firm Apex Clearing Corp has purchased an additional insurance policy. Webull Financial LLC is a member of. Please read Characteristics and Risks of Standardized Options before investing in options.Webull provides crypto trading through Apex Crypto. Please refer to our Fee … With a margin account you are allowed to short stocks and borrow funds in order to increase your buying power, but there is a required minimum account balance of $2,000 in order to upgrade to a margin account. What is the interest on margin trading and short selling? Copyright 2009-2020 ACM MEDIA LLC. Hello. Lastly, no options position should be held either before you apply for it. Please ensure that you fully understand the risks involved before trading.No content on the Webull Financial LLC website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. Please read Characteristics and Risks of Standardized Options before investing in options.Webull provides crypto trading through Apex Crypto. Treasury Bills, Notes, Municipal and Agency Bonds, Zeros & Strips, $0 for cash account, $2,000 for margin account, $0 for first wire and for over $25,000 wires; $8 otherwise, $0 for first wire and for over $25,000 wires; $14 otherwise, $13.00 per $1,000,000 of principal (sells only), minimum $0.01. As we alluded to, trading at Webull is always 100% commission-free (except for the tiny regulatory and exchange-mandated fees that all brokers pass through to clients). Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities. WeBull Fees Schedule, Brokerage Account Investing & Stock Trading Commissions (2020) WeBull commissions schedule, fees, broker stock trading cost, annual and inactivity charges, and online investing account pricing. Are you commission free? The Stock Lending Income Program allows your shares to be loaned out so other stock market participants can short stocks. It … I understand that my margin rate is 6.99%. Isn't the commission free? Please read Characteristics and Risks of Standardized Options before investing in options.Webull provides crypto trading through Apex Crypto. So the daily cost using APY at 6.99% would be a little less than a dollar a day. System response and account access time may vary due to a variety of factors, including trading volumes, market conditions, system performance and other factors.Risk Disclosure: Trading of stocks and all other investment products involves substantial risk of loss and is not suitable for every investor. Relevant regulatory and exchange fees may apply.