Margin Trading
Margin trading enables you to borrow money from Webull and leverage your holdings to purchase securities. This gives you access to additional buying power based on the value of certain securities and assets in your brokerage account.
Why Choose Webull for Margin Trading
The Benefit of a Margin Trading Account
Understand the Risks of Margin Trading
How Trading Securities on Margin Works
Get Started
Margin trading involves unique risks, including interest charges and the potential to lose more than deposited. Before trading with margin, you should determine whether this type of trading strategy is right for your specific investment objectives, experience, risk tolerance, and financial situation.  For more information please see Webull Financial’s Margin Disclosure Statement, Margin Agreement, Day Trading Risk Disclosure Statement and FINRA Investor Information.
Additional info:
webull.com/policy.
Webull Margin: Simple & Straightforward Pricing
A lower margin rate means a lower cost to borrow. Our interest rates are lower based on the amount of your margin balance.
12.825%
11.375%~ 12.325%
11.325%
11.075%
Charles Schwab
13.20%~ 13.45%
12.45%~ 13.95%
11.95%
11.45%
E*Trade
12.825%
11.375%~ 12.325%
11.325%
11.075%
8.75%
8.50%
8.50%
Fidelity
8.99%
8.49%
7.99%
7.49%
6.49%
5.99%
4.99%
Webull
Margin Balance
$0.00~$25,000.00
$25,000.01~$100,000.00
$100,000.01~250,000.00
$250,000.01~$500,000.00
$500,000.01~$1,000,000.00
$1,000,000.01~$3,000,000.00
>$3,000,000.00
Webull margin accounts provide up to 4x leverage for day-trade buying power and 2x leverage for overnight buying power. You must have at least $2,000 in equity to qualify.
With a Webull margin account, you can trade stocks, ETFs, options including advanced strategies and participate in IPOs across multiple devices.
Our dedicated team of service representatives is available to guide you through our multiple platforms and address any inquiries you may have during standard business hours.
Increased Buying Power
Extensive Product Access
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The benefits of a Webull margin trading account
Leverage Assets to Increase Your Buying Power
Ability to Short-Sell and Hedge Against a Downturn in the Market
A Qualified Trader with a Margin Account Can Access Advanced Option Trading
Access Capital Without Liquidating Your Current Assets
Diversify Your Portfolio with a Wider Range of Assets and Strategies
Increased Liquidity - Trade Freely Without Waiting for Your Trades to Settle
Understand the risks of margin trading

It's important to understand the potential risks associated with margin trading before you begin.

• Potential margin calls or liquidation of securities
• Short selling loss can be infinite, and the security borrowing fee can change suddenly
• Margin trading is more complex and involves additional rules and regulations compared to cash trading. It requires a thorough understanding of the risks involved
• Trading losses may be greater than the value of the initial investment
• Leveraged investments incur greater losses and risks
• Additional costs from margin interest charges
Learn more about margin trading & short selling >>
To purchase 100 shares of a $60 stock on margin
Stock price rises to
$65
per share
Stock price falls to
$55
per share
from your original investment
$3,000
$3,000
from your original investment
$3,000
You borrow
$3,000
of your funds
You invest​
$3,000
of your funds
of Webull funds
owed to Webull
$3,000
$500
loss
Total stock purchase*
$6,000
profit
$500
Your total ​ stock value
$6,500
Your total ​ stock value
$5,500
Remaining value after paying money borrowed on margin from Webull
$2,500
Remaining value after paying money borrowed on margin from Webull
$3,500
How Trading Securities on Margin Works

Here is an example to help you get a better understanding of how margin may amplify your profits as well as your losses based on the directional movement of a stock's price.​ Additional costs arise from margin interests accrued daily.

*The examples above do not include the cost to borrow. Please refer to https://www.webull.com/pricing for more info.
Diversify Your Investment Portfolio
While offering a wide range of investment products, including Stocks, ETFs, Options, Futures, Retirement Accounts (IRAs), and Cash Management Tools, Webull supports margin trading for many of these assets. This broad selection allows investors to leverage margin trading to diversify and customize their portfolios across a variety of financial instruments.
Stock
Retirement Accounts (IRAs)
Futures
ETFs
Cash Management
Options
Explore All
Get Started
Open a Webull brokerage account.
When choosing an account type, select Margin.
Fund your account with at least $2,000 in cash or transfer the equivalent value of marginable securities.
Keep a minimum of 25% of your total account value as equity at all times.
Getting Started with Webull Margin Trading
FAQs
A cash account is a type of brokerage account in which the investor must pay the full amount for securities purchased. A margin account is a brokerage account which allows investors to leverage the funds and securities they already own to purchase additional securities. It provides a great opportunity to leverage your investment to help increase your return. At the same time, it has the risks of magnifying your losses.
What’s the difference between margin and cash accounts ?
While margin trading provides more trading opportunities, understanding the rules and potential risks is essential before you start.​ If you like to day trade, you probably want to keep your equity value (crypto not included) above $25,000. This is because when you’re flagged as a Pattern Day Trader (PDT) and your equity value dips below $25,000, an Equity Maintenance (EM) call may occur.​ Another important thing to understand is buying power. This determines how much you can spend. There are two types of buying power:​ - Day Trade Buying Power (DTBP) refers to the funds you have available to place trades on a given trading day. It is often 4x your equity value.​ - Overnight Buying Power (ONBP) refers to the funds you have available to hold positions overnight. It is often 2x your equity value.​ This means you cannot use all of your DTBP and hold the position overnight. You may trigger margin calls related to buying power. Read the rest of our course to learn more about margin calls.​
What are the rules for margin trading?
1) Go to the “Watchlist” tab on the main screen. ​ 2) Look up a stock of your choice and tap on it. ​ 3) Check to see if there is a dollar icon on the top right. 4) If there is, tap the icon and you will see the maximum leverage on this stock.​
How do I know which stocks I can trade with leverage?