easyMarkets vs Webull
easyMarkets and Webull aren't really competing in the same game. easyMarkets is a CFD and options broker — it doesn't support ASX or US shares at all. Webull is a full-fledged share trading platform with CHESS-sponsored ASX trading, US stocks, fractional shares, and even Hong Kong and China A-shares. If you want to actually own shares, easyMarkets isn't the tool for the job.
- ›You want to trade CFDs, options, or forex rather than buy and hold actual shares
- ›You're looking for a low $25 minimum deposit to get started
- ›You want to deposit via crypto, Skrill, Neteller, or POLi — Webull only supports bank transfers and PayTo
- ›You prefer a demo account with structured educational courses to learn trading strategies
- ›You want to buy and hold real ASX or US shares under your own HIN with CHESS sponsorship
- ›You trade US stocks regularly — Webull offers $0 US brokerage and fractional shares
- ›You want a platform that handles tax with an Australian tax statement and CGT report
- ›You need joint, trust, or SMSF account structures — easyMarkets only offers individual and company accounts
- ›You want to automate investing with weighted DCA into ETFs without paying brokerage on ASX ETFs
Where they differ
| Fact | easyMarkets | Webull |
|---|---|---|
| Share ownership model | CFD-based (no direct share ownership) | CHESS-sponsored with individual HIN |
| ASX brokerage | Not applicable (no ASX trading) | $1 minimum or 0.03% (ASX shares); $0 on ASX ETFs |
| US brokerage | Not applicable (no US shares) | $0 commission on US stocks and ETFs |
| Market data fees | $0/month | $49.99/month for real-time data |
| Inactivity fee | $25 | $0 |
If you want to own shares, Webull is the obvious choice. easyMarkets is for CFD and options traders only.
Common questions
How do easyMarkets and Webull compare on share ownership model?
easyMarkets: CFD-based (no direct share ownership). Webull: CHESS-sponsored with individual HIN. easyMarkets is a derivatives broker; Webull lets you own the underlying asset.
How do easyMarkets and Webull compare on asx brokerage?
easyMarkets: Not applicable (no ASX trading). Webull: $1 minimum or 0.03% (ASX shares); $0 on ASX ETFs. Webull's ETF pricing is among the cheapest in Australia.
How do easyMarkets and Webull compare on us brokerage?
easyMarkets: Not applicable (no US shares). Webull: $0 commission on US stocks and ETFs. Webull is genuinely free for US trades.
When is easyMarkets the better choice over Webull?
Pick easyMarkets if you want to trade CFDs, options, or forex rather than buy and hold actual shares; you're looking for a low $25 minimum deposit to get started; you want to deposit via crypto, Skrill, Neteller, or POLi — Webull only supports bank transfers and PayTo; or you prefer a demo account with structured educational courses to learn trading strategies.
When is Webull the better choice over easyMarkets?
Pick Webull if you want to buy and hold real ASX or US shares under your own HIN with CHESS sponsorship; you trade US stocks regularly — Webull offers $0 US brokerage and fractional shares; you want a platform that handles tax with an Australian tax statement and CGT report; or you need joint, trust, or SMSF account structures — easyMarkets only offers individual and company accounts.
easyMarkets or Webull — what's the verdict?
If you want to own shares, Webull is the obvious choice. easyMarkets is for CFD and options traders only.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | easyMarkets | Webull |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | — | chess |
| Individual HIN | — | Yes |
| Individual account | Yes | Yes |
| Joint account | No | Yes |
| Company account | Yes | Yes |
| Trust account | No | Yes |
| SMSF account | No | 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 | Yes | Yes |
| CFDs supported | Yes | No |
| Crypto trading | — | 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 | Yes |
| FX currency switch trick | No | — |
| 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 | $25 | $0 |
| Withdrawal fee (AUD) | $0 | $0 |
| identity and trust | ||
| Legal entity name | easyMarkets Pty Ltd | Webull Securities (Australia) Pty Ltd |
| AFSL number | 246,566 | 536,980 |
| AUSTRAC registration | — | Yes |
| Year founded | 2,003 | 2,022 |
| Parent / ownership | Blue Capital Markets Ltd (private, Cyprus-headquartered easyMarkets group) | 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 | Credit/Debit Card (Visa, Mastercard, Amex), Bank Wire Transfer, BPAY, Skrill, Neteller, POLi, Crypto (BTC, ETH, USDT) | PayTo, Bank transfer (EFT), International wire |
| Settlement period | — | T+2 for ASX; T+1 for US |
| Withdrawal time | 1 business day to process; 3-10 business days for funds to arrive depending on method | 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 | Yes | Yes |
| Demo account | Yes | Yes |
| Free real-time market data | Yes | No |
| Free research reports | Yes | No |
| 2FA support | SMS + authenticator | authenticator |
| Customer support channels | phone, email, live chat | Phone, Email, In-app chat |
| Support hours (AU time) | 24/5 (Monday to Friday, around the clock during market hours) | 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 | No | Yes |
| Distribution component breakdown | No | — |
| CGT calculator / report | No | Yes |
| Sharesight / Navexa integration | No | Yes |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | Yes | Yes |
| Conditional orders | Yes | Yes |
| Auto-invest / DCA | No | Yes |
| Auto-invest sophistication | none | weighted |
| DRP (dividend reinvestment) | No | No |
| After-hours / overnight trading | Yes | Yes |