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March 11, 2024 - US registered online broker Webull has broadened its product range by introducing futures and commodities trading. The product will initially focus on futures outrights in a select group of highly liquid futures markets, complemented by some of the most common order types like market, limit, stop market and stop-limit orders.
Anthony Denier, Group President at Webull commented, “By introducing futures trading, we are extending Webull's legacy of democratizing access to advanced financial products that are typically reserved for institutional investors. At Webull, we aim to provide diversified portfolio options and access to coveted products that exemplify commitment to our customer's financial success in the dynamic world of trading and investment. We are excited about our expansion into futures trading and will continue to provide innovative, advanced, and cost-effective products to our valued customers.”
"Webull's expansion into futures provides users with a cost-effective solution to a derivatives product that has been traditionally difficult to access, further establishing the company as a leader in retail investing," said Arianne Adams, Chief Strategy Officer and Head of Derivatives at Webull. "Understanding the significance of using futures is beneficial to all investors looking to diversify their portfolios, and Webull is proud to not only offer this opportunity, but also educational tools and resources for those unfamiliar with this market."
Webull also provides educational materials and advanced tools for users new to futures trading. The service is currently available in the US, with plans for global expansion in the future.
