Webull Australia Eliminates Commission Fees on US, Hong Kong, and China A-Share Trades

Webull Securities (Australia) Pty Ltd ("Webull Australia"), a subsidiary of Webull Corporation (NASDAQ: BULL), the owner of the Webull trading platform, has announced the removal of trading commission fees on US, Hong Kong, and China A-Share trades.
 

The change positions Webull as one of Australia's lowest-brokerage-cost platforms for international share trading.
 

Rob Talevski, CEO of Webull Australia

"We've set a new benchmark for trading fees in Australia," said Rob Talevski, CEO of Webull Australia. "This is a fundamental change to how we price trades on the platform, made possible by the scale and global infrastructure of our Nasdaq-listed parent company."
 

Commission-free trading has become prevalent in markets where tech-first brokers dominate market share. In Australia, that shift has been slower, as cash constraints among neo-brokers and legacy earnings models, tied to traditional brokers, have led to platform dependencies on higher fees. Understanding various forex broker business models is crucial to appreciating these market dynamics.
 

Webull's business model relies on scale and geographical expansion rather than high fees, and this is why it has been able to extend $0 pricing across the US, Hong Kong, and China A-Share markets simultaneously – all accessible from a single platform.
 

"The client journey used to be about picking a market they want to trade, then finding the platform that supports it. Now investors don't have to make that trade-off," Talevski added. "ASX and US ETFs, US equities, Hong Kong-listed stocks, China A-Shares – they're all on the Webull platform, and they're all now zero commission. 

We're bringing the US trading culture of 'zero commission trading' to Australia. And we're the first ones to do it so extensively."
 

Webull's international brokerage schedule changes are as follows:

• US Share Trading: previously 0.025% × trade value (minimum $1.00), all trading hours — now $0.
• Hong Kong Share Trading: previously $0.0003 × trade value (minimum $15) — now $0.
• China A-Shares: previously $0.0003 × trade value (minimum $15) — now $0.

US and Australian ETFs, which Webull had already reduced to zero brokerage, will remain priced as such.

Webull's platform provides access to CHESS-sponsored Australian equities and ETFs, US ETFs and equities, Hong Kong equities, China A-Shares, advanced US options, and cryptocurrencies. The availability of diverse assets, including crypto, highlights the evolving landscape for both retail and institutional traders, prompting interest in areas like crypto OTC trading for larger block transactions. These new fee structures can also make opportunities, such as those offered by funded trading accounts, more accessible by reducing transaction costs. US markets are accessible 24 hours a day, five days a week.
 

Webull Australia is the WeMoney 2026 Award Winner for Best Low-Cost Broker. For those evaluating brokers in the region, understanding the regulatory landscape is key, and a good starting point is checking ASIC regulated brokers.
 

Webull Australia is available via the Webull app. Users can open an account at www.webull.com.au.

This strategic shift by Webull Australia, offering zero-commission trading across major international equity markets, has significant implications for the broader financial landscape. While primarily targeting retail investors, such initiatives influence market liquidity dynamics and the competitive environment for institutional FX and prime brokerage services. Lower barriers to entry for retail trading can lead to increased order flow, which in turn can be aggregated and managed by institutional liquidity providers. 

Furthermore, the inclusion of cryptocurrencies on Webull's platform directly aligns with LiquidityFinder's focus on digital asset infrastructure and institutional crypto solutions, demonstrating how retail innovation often mirrors or drives institutional developments.