Crypto Exchange comparison
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.
Choose
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
- ›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
Choose
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
- ›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) |
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 |