CoinJar vs Webull
CoinJar is a pure crypto exchange that has been around since 2013, while Webull is a newer all-in-one broker that happens to offer crypto alongside ASX shares, US stocks, options and Hong Kong equities. The biggest practical difference is that Webull gives you a full brokerage account with CHESS-sponsored ASX trading and zero-commission US stocks, whereas CoinJar is strictly for crypto — no shares, no ETFs, no options.
- ›You want a dedicated crypto exchange with a decade-long track record in Australia
- ›You prefer to fund your account via PayID, Osko, Apple Pay, Google Pay or PayPal — not just bank transfer
- ›You need company, trust or SMSF accounts for crypto holdings
- ›You want zero monthly fees and no minimum deposit to get started
- ›You value extended customer support hours (9am–3am AET) for after-hours crypto trading
- ›You want to trade ASX shares and ETFs under your own HIN with CHESS sponsorship
- ›You want zero-commission US stock and ETF trading with fractional shares
- ›You need options trading, stop-loss orders and conditional orders
- ›You want access to international markets including Hong Kong and China A-shares
- ›You prefer a desktop trading platform and a demo account to practice before committing real money
Where they differ
| Fact | CoinJar | Webull |
|---|---|---|
| Asset scope | Crypto only | ASX, US, HK, China A-shares, options and crypto |
| CHESS sponsorship | Not applicable (crypto only) | Yes — you get your own HIN on ASX trades |
| US stock brokerage | Not supported | $0 commission, fractional shares available |
| Minimum initial deposit | $0 | $500 AUD |
| Market data fees | Free real-time data | $49.99/month for real-time data (or free with conditions) |
Choose CoinJar for straightforward crypto-only trading; choose Webull if you want a full brokerage that also does crypto.
Common questions
How do CoinJar and Webull compare on asset scope?
CoinJar: Crypto only. Webull: ASX, US, HK, China A-shares, options and crypto.
How do CoinJar and Webull compare on chess sponsorship?
CoinJar: Not applicable (crypto only). Webull: Yes — you get your own HIN on ASX trades.
How do CoinJar and Webull compare on us stock brokerage?
CoinJar: Not supported. Webull: $0 commission, fractional shares available.
When is CoinJar the better choice over Webull?
Pick CoinJar if you want a dedicated crypto exchange with a decade-long track record in Australia; you prefer to fund your account via PayID, Osko, Apple Pay, Google Pay or PayPal — not just bank transfer; you need company, trust or SMSF accounts for crypto holdings; or you want zero monthly fees and no minimum deposit to get started.
When is Webull the better choice over CoinJar?
Pick Webull if you want to trade ASX shares and ETFs under your own HIN with CHESS sponsorship; you want zero-commission US stock and ETF trading with fractional shares; you need options trading, stop-loss orders and conditional orders; or you want access to international markets including Hong Kong and China A-shares.
CoinJar or Webull — what's the verdict?
Choose CoinJar for straightforward crypto-only trading; choose Webull if you want a full brokerage that also does crypto.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | CoinJar | Webull |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | — | chess |
| Individual HIN | — | Yes |
| Individual account | Yes | Yes |
| Joint account | No | Yes |
| Company account | Yes | Yes |
| Trust account | Yes | Yes |
| SMSF account | Yes | Yes |
| Kids / minor account | No | No |
| asset coverage | ||
| ASX shares supported | No | Yes |
| ASX ETFs supported | No | Yes |
| US shares supported | No | Yes |
| US ETFs supported | No | Yes |
| Other markets supported | Hong Kong, China (A-shares) | |
| Fractional shares (ASX) | No | No |
| Fractional shares (US) | No | Yes |
| Options trading | No | Yes |
| CFDs supported | No | No |
| Crypto trading | Yes | Yes |
| Managed funds | No | No |
| Bonds supported | No | No |
| IPO access | No | No |
| costs hidden | ||
| FX spread (AUD/USD) | — | 0.5% |
| FX spread (other currencies) | — | 0.5% |
| Holds USD account | — | Yes |
| Market data fees | — | $49.99/month |
| Conditional order fees | $0 | $0 |
| costs visible | ||
| ASX brokerage minimum | — | $1 |
| ASX brokerage percentage | 1% | 0.03% |
| ASX brokerage threshold | — | $3,333 |
| ASX free trade conditions | — | ASX ETFs: $0 brokerage on all trades, no conditions. ASX shares: not free — $1 minimum or 0.03% (whichever greater). |
| US brokerage minimum | — | US$0 |
| US brokerage percentage | — | 0% |
| Monthly platform fee | $0/month | $0/month |
| Annual platform fee | $0/year | $0/year |
| Inactivity fee | $0 | $0 |
| Withdrawal fee (AUD) | $0 | $0 |
| identity and trust | ||
| Legal entity name | CoinJar Australia Pty Ltd | Webull Securities (Australia) Pty Ltd |
| AFSL number | — | 536,980 |
| AUSTRAC registration | Yes | Yes |
| Year founded | 2,013 | 2,022 |
| Parent / ownership | Privately held; backed by Blackbird Ventures, Digital Currency Group (DCG), Boost VC, Possible Ventures (founders Asher Tan and Ryan Zhou retain operational control) | Webull Corporation (NASDAQ: BULL), Cayman Islands holding company; originally backed by Hunan Fumi Information Technology (China) with investors including Xiaomi, General Atlantic, Coatue, Lightspeed |
| Country of incorporation | Australia | Australia |
| Public company status | private | public |
| money movement | ||
| Minimum initial deposit | — | $500 |
| Minimum subsequent purchase | — | $0 |
| Deposit methods | PayID, Osko / NPP bank transfer, Standard bank transfer (direct credit), Debit / Credit Card (Visa, Mastercard), Apple Pay, Google Pay, PayPal | PayTo, Bank transfer (EFT), International wire |
| Settlement period | — | T+2 for ASX; T+1 for US |
| Withdrawal time | PayID withdrawals to participating banks typically arrive within minutes; standard bank transfers (non-PayID) take 1-3 business days. Withdrawals submitted before the daily cut-off process same day, otherwise next business day. | 1-2 business days for AUD bank transfer; 1-5 business days for international wire |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | No | Yes |
| Demo account | No | Yes |
| Free real-time market data | Yes | No |
| Free research reports | No | No |
| 2FA support | authenticator_app | authenticator |
| Customer support channels | email, help desk ticket / support portal | Phone, Email, In-app chat |
| Support hours (AU time) | Mon-Fri, 9am-3am AET (extended hours covering AU and UK trading days) | Phone: Mon-Fri 08:30-18:00 AEST/AEDT. In-app chat: advertised 24-hour. |
| Education content | structured_articles | structured |
| tax and reporting | ||
| Australian tax statement | Yes | Yes |
| Distribution component breakdown | No | — |
| CGT calculator / report | No | Yes |
| Sharesight / Navexa integration | Yes | Yes |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | No | Yes |
| Conditional orders | No | Yes |
| Auto-invest / DCA | Yes | Yes |
| Auto-invest sophistication | multiple | weighted |
| DRP (dividend reinvestment) | — | No |
| After-hours / overnight trading | Yes | Yes |