Webull Review: Is It Good for Day Trading?

Watch the full video here: Is Webull Worth it for Day Trading? (My Honest Review & Platform Demo)

This isn’t a paid Webull review — I put real money on the line to find out if Webull holds up. I’ve had a couple of funded accounts with them over the years, but this time around, I wanted to dive in deeper and see if it could actually hold up as a real day trading platform. No fluff here, and no affiliate links — just my honest take.

So here’s what I found. Let’s break it down.

Getting Started With Webull: The First Hiccups

Before I even placed my first trade, I hit a few snags. If you’re brand new to Webull, you’ll want to know what you’re getting into.

Real-Time Market Data Isn’t Free

One of the first things I noticed — and it was frustrating — was that Webull doesn’t give you live data by default. The quotes will be blank when you first log in. You have to pay for real-time data, which caught me off guard, considering some brokers include it for free.

I signed up for both:

• NASDAQ TotalView – $22.99/month
• NBBO Data – $9.99/month

If you want to see halt levels and live order flow, NBBO is a must. Total View is helpful, but NBBO unlocks more practical data for active traders.

ACH Transfers Take Time

Next, I funded the account with an ACH transfer. The money showed up, but I couldn’t trade with it right away. It took about five days before I could actually trade. Webull flagged my buying power as insufficient due to risk limits, especially on leveraged ETFs or volatile stocks.

Even though the funds were there, I got a warning that said I had to wait for settlement. It’s a small thing, but it delayed my ability to trade right when I was ready.

Trading With Webull: Performance Under Pressure

Once my account was funded and live, I started placing trades. Here’s where things got interesting.

Execution Speed: Fast Enough, But Not Lightning Fast

I placed several real trades using hotkeys — like getting in on DATS and out just a few seconds later. I just made $29.80 in that trade. It was quick, clean, and smooth.

But when I compared it to LightSpeed? It wasn’t quite as sharp. It’s fast, but not as fast as other software I’ve used. Webull does the job, especially for small share size, but if you’re scaling up or trading volatile breakouts, you’ll notice a slight delay.

Position Size Limits: A Hidden Problem

Then came the real pain point.

I was trying to exit a 6,000-share position and got hit with a message: Your order is rejected because it exceeds the maximum quantity threshold. That caught me off guard, especially because I’d built the position using three 2,000-share buys.

When I tried to sell, Webull wouldn’t let me. I had to break it up into smaller orders, which cost me money and momentum. That, for me personally, was a dealbreaker.

This isn’t mentioned anywhere clearly. It feels like Webull throttles trades based on some internal logic around volume or volatility, but you never know where that line is until you cross it.

Platform Layout & Tools: Good Enough for Starters

If you’re someone who likes to keep things visually simple but functional, Webull’s layout gives you some flexibility — but it has limits.

Layout Customization

I set up a basic layout with my chart in the top left, level 2 data underneath, and order entry on the side. You can go to all layouts and create your own or load a classic one, like paper trading.

I like my charts clean: 9 EMA, 20 EMA, 200 EMA, VWAP, and MACD. That’s it. It’s not fancy, but it works. The only bummer? You can’t share layouts, which is kind of strange.

Charting & Level 2 Data

The charts themselves are decent — not pro-level, but they’ll get you through. Where Webull stands out is in how it displays Level 2 if you’ve got the NBBO data enabled. You can even toggle color schemes to better visualize stacked bids and asks.

Most important for me: NBBO shows halt levels. If this stock goes straight up to 6.50, it’ll be halted for five minutes. TotalView doesn’t show that. You need an NBBO.

Conclusion: Would I Use Webull for Day Trading?

Webull is a solid starting point for new traders. It’s commission-free, the hotkeys work great, and the layout is clean enough to get the job done. For small share size and early-stage learning, it holds up.

But once you start scaling, the cracks show. Order size limits can interfere with exits, and execution speed isn’t quite pro-level. It’s good — just not built for heavy hitters.

If you’re brand new to trading and want to get your feet wet, Webull can work — but be smart. Practice with small size, manage your risk, and when you’re ready to level up, look for a platform built for speed and size.

Want to trade like I do? Download my free Small Account Strategy Worksheet — It’s the exact setup I use to grow small accounts with confidence.