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.
- ›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
- ›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 |
Choose Cointree for pure crypto with low entry and tax tools; choose Webull if you want crypto plus shares in one CHESS-sponsored account.
Common questions
How do Cointree and Webull compare on minimum initial deposit?
Cointree: $25 AUD. Webull: $500 AUD. Cointree is far more accessible for smaller starting balances.
How do Cointree and Webull compare on market data fees?
Cointree: $0/month. Webull: $49.99/month. Webull charges for real-time market data; Cointree includes it free.
How do Cointree and Webull compare on deposit methods?
Cointree: PayID, Osko, crypto deposit, cash via convenience stores. Webull: PayTo, bank transfer (EFT), international wire. Cointree offers faster and more varied deposit options.
When is Cointree the better choice over Webull?
Pick 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; or you're after structured educational content on crypto investing.
When is Webull the better choice over Cointree?
Pick 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; or you trade US stocks and want a dedicated USD account with a tight 0.005% FX spread.
Cointree or Webull — what's the 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 |