Leading mobile broker offers new products that enable customers to diversify their portfolio
NEW YORK, March 11, 2024 /PRNewswire/ — Webull, a leading low-cost trading platform, today announced the expansion of its product offerings to include futures and commodities trading, giving customers the opportunity to further diversify their portfolios. Futures trading provides Webull users with a platform to participate in the futures market by allowing them to speculate on the direction/price movement rather than owning the underlying asset.
(PRNewsphoto/Webull Securities (Australia) Pty Ltd)
Futures trading enables Webull clients to take their investment strategies to the next level by diversifying their portfolios and managing risk. It also provides users with access to a wide range of global markets, allowing them to participate and effectively use their leverage in their investment strategies as they can speculate on important economic events and assets. Webull customers also gain access to various asset classes such as commodities, currencies and indices, as well as tools to better understand these investments.
“By introducing futures trading, we extend Webull’s tradition of democratizing access to advanced financial products typically reserved for institutional investors,” said Anthony Denier, group president at Webull. “At Webull, we aim to provide diversified portfolio options and access to sought-after products that demonstrate a commitment to our clients’ financial success in the dynamic world of trading and investing. We are pleased with our expansion into futures trading and will continue to offer innovative, advanced and cost-effective products to our valued customers.
The product initially focuses on futures outrights in a select group of highly liquid futures markets, supplemented by some of the most common order types such as market, limit, stop market and stop limit orders.
“Webull’s expansion into the futures space provides users with a low-cost solution to a derivatives product that has traditionally been difficult to access and further establishes the company as a leader in the retail investing space,” he said Arianne Adams, Chief Strategy Officer and Head of Derivatives at Webull. “Understanding the importance of using futures is beneficial to all investors looking to diversify their portfolios, and Webull is proud to offer not only this opportunity, but also educational tools and resources for those unfamiliar with this market .”
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Webull customers interested in using Futures but unfamiliar with the product can take advantage of a full suite of educational materials and advanced tools and analytics. This offering is currently available in the US with plans to expand globally in the future.
For more information about Webull and its offerings, visit www.webull.com.
About Webull
Webull Financial is a leading online brokerage platform dedicated to empowering self-directed investors with innovative tools and cutting-edge technology. With low-cost trading on a wide range of assets, advanced charting tools and real-time market data, Webull is revolutionizing the way individuals approach investing. The user-centric approach and commitment to staying current with industry trends underscores the mission to provide a seamless and rewarding experience for traders of all experience levels. Through Webull Group, Webull Financial and its subsidiaries bring together tens of millions of users from over 180 countries worldwide. Securities and futures trading is offered to customers of Webull Financial LLC (“Webull Financial”), a broker-dealer registered with the Securities and Exchange Commission (SEC) and a futures commission dealer registered with the Commodity Futures Trading Commission (CFTC). Webull Financial is a member of the Financial Industry Authority (FINRA), the National Futures Association (NFA) and the Securities Investor Protection Corporation (SIPC). Any investment is subject to risks, including possible loss of capital. For more information about Webull, visit www.webull.com.
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SOURCE Webull Financial LLC