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LONDON, July 12, 2023 (GLOBE NEWSWIRE) — Webull Company (“Webull”), the proprietor of the favored Webull buying and selling platform, as we speak introduced the launch of its retail brokerage companies within the UK. By means of licensed monetary companies buying and selling agency Webull Securities (UK) Ltd. (“Webull UK”), a subsidiary of Webull, residents of the UK can now trade U.S.-listed equities and fractional shares, all at low commissions by way of the award-winning Webull app. The Webull platform additionally makes information, trade knowledge, and academic supplies accessible to supply traders with the instruments wanted to make knowledgeable funding selections.
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Anthony Denier, Webull US CEO accountable for operations in America and Europe, acknowledged, “Our first step into Europe follows on the heels of profitable launches over the previous two years in Singapore, Australia, Japan, and Hong Kong. Whereas every nation has very totally different necessities and expectations, we consider there’s nice potential within the UK and stay up for quickly increasing our product vary to cater to our British shoppers. Webull’s buying and selling platform has turn into very fashionable in the US, Hong Kong, and Singapore, and we’re assured that the highly effective buying and selling instruments and easy cellular format will show equally engaging within the UK. We’re positive our new shoppers will take pleasure in tech and luxuriate in investing.”
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Webull UK secured its authorisation from the FCA in October 2022. It has spent the final six months hiring a crew with native expertise to assist the platform exceed British expectations. Whereas its providing will initially be restricted to U.S.-listed securities, Webull UK expects to broaden this quickly, opening new world funding alternatives for retail traders.
Nick Saunders, Chief Government Officer of Webull UK, mentioned, “The funding market has modified within the final 10 years. The British public is now actively in search of low-cost funding alternatives domestically and in markets outdoors the UK. Webull’s power is in our world community and modern mindset; we take a look at the best answer for our shoppers, and search to construct on the present, sustainable foundations to provide our clients the product they need. As a pure dealer, our pursuits are aligned with our shoppers. We offer the instruments to assist them make knowledgeable, world funding selections.”
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The Webull buying and selling platform launched in the US in 2018 by way of its SEC-registered broker-dealer and FINRA member subsidiary. In 2021, Webull was the second most downloaded app amongst pure-play brokerages within the U.S., in keeping with cellular and knowledge analytics agency App Annie. Webull has acquired notable recognition within the monetary trade. In 2022, we received the “Greatest Brokerage App” award at Benzinga’s International Fintech Awards, highlighting our dedication to superior cellular buying and selling. We have been additionally honored because the “Greatest Choices Buying and selling Platform” on the Finder Inventory Buying and selling Platform Awards. Within the Stockbrokers Annual Evaluate 2023, we have been acknowledged because the “Greatest in Class” for the investor group. These accolades showcase our dedication to offering modern and distinctive companies to our customers.
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The Webull buying and selling platform could be downloaded by way of the Apple App Retailer and the Google Play Retailer.
For extra details about Webull UK, please go to Webull UK’s web site at https://www.webull-uk.com. For media inquiries, please contact pr@webull.com.
About Webull
Webull is a number one digital funding platform constructed on next-generation world infrastructure. Webull serves tens of thousands and thousands of customers from over 180 international locations, offering retail traders with 24/7 entry to monetary markets worldwide. Customers can put funding methods to work by buying and selling world shares, ETFs, choices, and fractional shares, by way of Webull’s buying and selling platform, which is presently accessible within the United States, Hong Kong, Singapore, Australia, South Africa, and Japan.
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