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LONDON, July 12, 2023 (GLOBE NEWSWIRE) — Webull Corporation (“Webull”), owner of popular trading platform Webull, today announced the launch of retail brokerage services in the UK. Through authorized financial services trading firm Webull Securities (UK) Ltd. (“UK Weibul”), a subsidiary of Webull, UK residents can now Trade listed US stocks and fractional shares, all at low commissions through award-winning Webull app. The Webull platform also provides news, industry data, and educational materials to provide investors with the tools to make informed investment decisions.
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Anthony Denyer, CEO of Webull USA responsible for operations in America and Europe, stated: “Our first move into Europe follows successful launches over the past two years in Singapore, Australia, Japan and Hong Kong. While each country has very different requirements and expectations, We believe there is great potential in the UK and are looking to rapidly expand our product range to meet the needs of our British clients.The Webull trading platform has become very popular in the US, Hong Kong and Singapore and we are confident that its powerful trading tools and simple mobile format will prove equally attractive. in the U.K. We are sure that our new customers will enjoy the technology and enjoy the investment.”
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Webull UK received its license from the FCA in October 2022. It has spent the last six months recruiting a team of local expertise to help the platform exceed British expectations. While its offering will initially be limited to US-listed securities, Webull UK expects it to expand rapidly, opening up new global investment opportunities for retail investors.
Nick Saunders, CEO of Webull UK, said, “The investment market has changed in the past 10 years. The British public is now actively seeking low-cost investment opportunities both locally and in markets outside the UK. Webull’s strength lies in our global network and innovative mindset; we look to The right solution for our customers, and we seek to build on the existing and sustainable foundations to give our customers the product they want. As a pure broker, our interests are aligned with our customers. We provide tools that help them make informed and global investment decisions.”
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The Webull trading platform was launched in the US in 2018 with its SEC-registered broker and its FINRA member subsidiary. In 2021, Webull was the second most downloaded app among US pure brokerages, according to mobile and data analytics firm App Annie. Webull has received notable recognition in the financial industry. In 2022, we won the ‘Best Brokerage App’ award at the Benzinga Global Fintech Awards, highlighting our commitment to superior mobile trading. We were also honored as “Best Options Trading Platform” at the Finder Stock Trading Platform Awards. In our 2023 Annual Stock Brokers Review, we were recognized as “best in class” by the investor community. These awards demonstrate our dedication to providing innovative and exceptional services to our users.
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The Webull trading platform can be downloaded through the Apple App Store and Google Play Store.
For more information about Webull UK, please visit the Webull UK website at https://www.webull-uk.com. For media inquiries, please call pr@webull.com.
About Webull
Webull is a leading digital investment platform built on next generation global infrastructure. Webull serves tens of millions of users from more than 180 countries, providing retail investors with 24/7 access to financial markets around the world. Users can put investment strategies to work by trading global stocks, ETFs, options, and fractional stocks, through the Webull trading platform, currently available at United StateAnd Hong KongAnd SingaporeAnd AustraliaAnd South AfricaAnd Japan.
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