Crypto Exchange comparison
Cointree vs Webull
Cointree is a pure-play crypto exchange founded in 2013, while Webull is a global brokerage that added crypto trading to its ASX and US share offering. The biggest practical difference: Cointree is built for Australians who want to buy, sell and auto-invest in crypto only, whereas Webull is for investors who want crypto alongside shares, options and US stocks — all in one app.
Choose
Cointree
if…
- ›You want a dedicated crypto platform with a low $25 minimum deposit and no minimum for subsequent purchases
- ›You need a CGT calculator and tax statement built specifically for crypto trades
- ›You want to deposit via PayID or Osko and get same-business-day withdrawals
- ›You're after structured educational content on crypto investing
- ›You want a platform that's been operating in Australia since 2013 with a long track record
Choose
Webull
if…
- ›You want to trade crypto alongside ASX shares, US stocks, ETFs and options in one account
- ›You want zero-commission US stock trades and $0 brokerage on ASX ETFs
- ›You need a desktop trading platform and a demo account to practice before committing
- ›You trade US stocks and want a dedicated USD account with a tight 0.005% FX spread
- ›You prefer a publicly listed parent company (Webull Corporation, NASDAQ: BULL) with CHESS-sponsored ASX holdings
Where they differ
| Fact | Cointree | Webull |
|---|---|---|
| Minimum initial deposit | $25 AUD | $500 AUD |
| Market data fees | $0/month | $49.99/month |
| Deposit methods | PayID, Osko, crypto deposit, cash via convenience stores | PayTo, bank transfer (EFT), international wire |
| CHESS sponsorship | Not applicable (crypto only) | CHESS-sponsored with individual HIN |
| Year founded | 2013 | 2022 |
Verdict
Choose Cointree for pure crypto with low entry and tax tools; choose Webull if you want crypto plus shares in one CHESS-sponsored account.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | Cointree | Webull |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | — | chess |
| Individual HIN | — | Yes |
| Individual account | Yes | Yes |
| Joint account | — | Yes |
| Company account | Yes | Yes |
| Trust account | Yes | Yes |
| SMSF account | Yes | Yes |
| Kids / minor account | No | No |
| asset coverage | ||
| ASX shares supported | — | Yes |
| ASX ETFs supported | — | Yes |
| US shares supported | — | Yes |
| US ETFs supported | — | Yes |
| Other markets supported | — | Hong Kong, China (A-shares) |
| Fractional shares (ASX) | — | No |
| Fractional shares (US) | — | Yes |
| Options trading | — | Yes |
| CFDs supported | — | No |
| Crypto trading | Yes | Yes |
| Managed funds | — | No |
| Bonds supported | — | 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 | $0/month | $49.99/month |
| Conditional order fees | $0 | $0 |
| costs visible | ||
| ASX brokerage minimum | — | $1 |
| ASX brokerage percentage | — | 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 | Cointree Pty Ltd | Webull Securities (Australia) Pty Ltd |
| AFSL number | — | 536,980 |
| AUSTRAC registration | Yes | Yes |
| Year founded | 2,013 | 2,022 |
| Parent / ownership | Privately owned; founded by Shane Stevenson, led by CEO Jess Renden. Strategic minority investment from Indicia Labs Inc. (Silicon Valley) in 2020. | 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 | AU | Australia |
| Public company status | private | public |
| money movement | ||
| Minimum initial deposit | $25 | $500 |
| Minimum subsequent purchase | $0 | $0 |
| Deposit methods | PayID, Osko bank transfer, Cryptocurrency deposit, Cash via convenience stores | PayTo, Bank transfer (EFT), International wire |
| Settlement period | — | T+2 for ASX; T+1 for US |
| Withdrawal time | Same business day (typically within hours) via Osko/NPP | 1-2 business days for AUD bank transfer; 1-5 business days for international wire |
| platform ux | ||
| iOS app | — | Yes |
| Android app | — | Yes |
| Desktop platform | No | Yes |
| Demo account | No | Yes |
| Free real-time market data | Yes | No |
| Free research reports | No | No |
| 2FA support | authenticator | authenticator |
| Customer support channels | phone, live chat, email, help centre | Phone, Email, In-app chat |
| Support hours (AU time) | Phone and live chat: Mon-Fri 10am-2pm AEST/AEDT; email/help centre 24/7 | Phone: Mon-Fri 08:30-18:00 AEST/AEDT. In-app chat: advertised 24-hour. |
| Education content | structured courses | structured |
| tax and reporting | ||
| Australian tax statement | Yes | Yes |
| CGT calculator / report | Yes | Yes |
| Sharesight / Navexa integration | Yes | Yes |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | Yes | Yes |
| Conditional orders | Yes | Yes |
| Auto-invest / DCA | Yes | Yes |
| Auto-invest sophistication | multiple | weighted |
| DRP (dividend reinvestment) | — | No |
| After-hours / overnight trading | Yes | Yes |