Compare WeBull versus Chase You Invest: IRA, commissions, investing fees, trading tools, account differences, pros and cons. Which online broker is better in 2019?

Overview of Chase You Invest and WeBull

Webull and You Invest both emphasize low-cost trading. But there are many differences between these two brokers. You definitely want to know the following information before choosing one of them:

Broker Cost

Broker Fees Stock/ETF
Commission
Mutual Fund
Commission
Options
Commission
Maintenance
Fee
Annual IRA
Fee
WeBull $0 na na $0 $0
Chase $2.95 $0 na $0 $0

Services

Broker Review Cost Investment Products Trading Tools Customer Service Research Overall Rating
WeBull
Chase

Promotions

WeBull: Get FREE stock between $8 and $1000 when you deposit $100+ at WeBull.

Chase You Invest: First year get 100 no-commission online stock and ETF trades.


Range of Financial Vehicles

Webull offers trading in stocks and exchange-traded funds. Unfortunately, this is it—and ETF’s don’t include closed-end funds. Penny stocks priced above $1 are available, but there are no over-the-counter stocks.

At You Invest, traders get the same list mentioned above, plus OTC equities priced at $5 or higher, and penny stocks below $1 that are listed on major exchanges. Also available at You Invest are mutual funds and bonds. Neither broker provides trading in options, which seems to be the big failure in this category.

You Invest is the top performer in the opening category.

PC Trading

Webull’s website is designed for advertising its brokerage services and for hosting a FAQ. It does not offer any trading ability or account management tools. You may be thinking that the company isn’t going to do well in this category if it doesn’t provide any website trading. Well, it does have a desktop platform that is free for all clients. Charting on the program offers multiple graph styles (line, area, candle, and hollow candle), comparisons, 10 technical indicators, company events, and 10 drawing tools. Perhaps best of all is the ability to detach a graph into a separate window and expand it the full width of the screen.


Webull Trading Platform


Or is right-click trading the best feature? Duration choices include day and GTC. Stop-loss and take-profit orders are enabled. Many other features are available on the platform, including market news, a watchlist, and a simulated trading mode.

You Invest customers don’t have a desktop platform (or a browser platform or a trade bar). Unlike Webull, You Invest does offer a website login. This is where account management and trading take place.


JP Morgan vs Merrill Lynch


During our testing, we found an order ticket with on-the-close order types, something that’s not available on the Webull platform.

Charting on the You Invest site is rather basic. A graph cannot be detached or expanded the width of the monitor. The software does deliver OHLC bars, something Webull’s program doesn’t have. There are also more technical indicators on You Invest’s chart, but there are no drawing tools.

Other highlights on You Invest’s site include a watchlist, option chains (although trading derivatives isn’t possible), and market and security news.

We think Webull does the better job here.

Mobile Platforms

You Invest clients get a mobile app with trading ability, and that’s about it. There is no mobile check deposit. Charting has no horizontal viewing, and there are zero tools. The order form delivers the same options as the website’s trading ticket. One feature we did like was the ability to trade mutual funds, a feature not always found on mobile platforms.

Over at Webull, we found a simulated trading feature on the broker’s app, a really useful feature not available to You Invest clients. Charting comes in horizontal mode with several technical studies, more graph styles than the desktop platform (8 instead of 4), drawing tools, and a screenshot tool.


WeBull vs Chase


The app’s order form delivers market and limit orders, but not much else. Alerts are integrated, and so is a handy watchlist. Several can be created and edited.

Overall, we take Webull here.

Fund Resources

Chase You Invest customers can buy and sell 3,414 mutual funds. The broker’s screener offers several search criteria. Fund profiles deliver minimal amounts of information; but this outperforms Webull, which offers nothing here.

ETF’s are somewhat of a different story. Webull provides all US-listed ETF’s commission-free, while You Invest fails to match this policy (other than commission-free trading for some customers). You Invest does have an ETF screener, which Webull doesn’t have. Profile pages are roughly comparable at both brokerage firms.

The victory in this category is awarded to You Invest.

Investment Education

Webull’s mobile and desktop platforms offer an economic calendar that displays earnings dates, conference call times, upcoming dividend payments, and economic data releases. There’s an IPO center, and global market data can be accessed as well. Perhaps the most important highlight is a community forum where traders can ask and answer questions pertaining to trading at Webull.

The You Invest site hosts many news articles on a variety of topics. Data on stocks, bonds, and currencies are displayed. There are brief articles on financial education. There are also a few videos from the Private Client arm of Chase.

Webull has the stronger showing here.

Other Services

Webull has no DRIP service, but You Invest does. You Invest also offers IRA’s, but Webull doesn’t. Automatic investing in mutual funds is possible at You Invest.

You Invest takes another victory.

Our Recommendations

New traders should go with You Invest due to it having better customer service.

For long-term or retirement saving, You Invest is the obvious pick. Same goes for mutual funds.

For ETF’s and stocks, Webull. Broker’s commission-free list and pricing in general is impossible to beat.

Stock traders should definitely go with Webull. With permanent zero-commission trading, excellent charting, a practice trading mode, and a very good screener, the broker delivers a much better experience.

Promotions

WeBull: Get FREE stock between $8 and $1000 when you deposit $100+ at WeBull.

Chase You Invest: First year get 100 no-commission online stock and ETF trades.


Chase You Invest vs WeBull Summary

The two brokerage firms in this contest are pretty evenly matched. With our research, you should now be able to pick the right one for your investment needs.



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