TD Ameritrade vs Webull

By Itai Varochik | Updated 2026

Quick Verdict

Overall Winner: TD Ameritrade (4.5/5)

We tested TD Ameritrade and Webull side-by-side. TD Ameritrade comes out ahead overall, but Webull may be better for specific use cases.

Score Breakdown

CriteriaTD AmeritradeWebull
Features9/108.5/10
Ease of Use7.5/107.5/10
Value for Money8.5/109.5/10
Customer Support8.5/106.5/10
Overall8.5/108.2/10

Feature Comparison

FeatureTD AmeritradeWebull
thinkorswimYesNo
ResearchYesNo
EducationYesNo
OptionsYesYes
FuturesYesNo
Stock TradingNoYes
Advanced ChartsNoYes
Paper TradingNoYes
Extended HoursNoYes

Pricing Comparison

TD Ameritrade: Free

Webull: Free

TD Ameritrade Pros & Cons

Pros

  • thinkorswim — best options trading platform
  • Excellent third-party research
  • Outstanding educational content

Cons

  • Migrating to Schwab platform
  • No fractional shares

Webull Pros & Cons

Pros

  • Advanced charting with 50+ indicators
  • Extended hours trading
  • Commission-free everything
  • Paper trading

Cons

  • No mutual funds or bonds
  • Limited customer support

Key Specifications

SpecTD AmeritradeWebull
Rating4.5/54.3/5
PricingFreeFree
Year Founded19712017
HeadquartersOmaha, NE (now Schwab)New York, NY
EmployeesPart of Schwab1,000+
thinkorswimYesN/A
Best For RegionUnited StatesUnited States
Paper TradingN/AYes
Extended HoursN/A4am–8pm ET

Our Verdict

TD Ameritrade wins overall. Choose TD Ameritrade if you value Options traders using thinkorswim. Choose Webull if you prioritize Technical traders who want free charting tools.

Frequently Asked Questions

Is TD Ameritrade better than Webull?

Based on our testing, TD Ameritrade scores higher with a rating of 4.5/5 compared to Webull's 4.3/5. However, the best choice depends on your specific needs.

What is the main difference between TD Ameritrade and Webull?

TD Ameritrade is known for: Full-service brokerage with thinkorswim platform and extensive research tools.. Webull is known for: Commission-free trading platform with advanced charting and analysis tools..

Which is cheaper, TD Ameritrade or Webull?

TD Ameritrade pricing: Free. Webull pricing: Free.

Can I use TD Ameritrade and Webull together?

While both tools serve similar purposes in the Trading Platforms category, some users do use complementary features from both platforms.

What are the pros of TD Ameritrade?

thinkorswim — best options trading platform. Excellent third-party research. Outstanding educational content

What are the pros of Webull?

Advanced charting with 50+ indicators. Extended hours trading. Commission-free everything

Which trading platforms should I choose?

Choose TD Ameritrade if you value Options traders using thinkorswim. Choose Webull if you prioritize Technical traders who want free charting tools.