Webull UK Debuts Webull Savings Service

Webull UK, an online investing platform, has rolled out Webull Savings. This service allows users to swiftly transfer funds between trading accounts and banks and access a marketplace of savings accounts.

The new platform enables users allocate their money across several bank accounts to decrease risk and ensure their savings are secure. On Webull, users can compare interest rates and pick the savings accounts that are right for them.

Users Can Transfer Assets Between Banks Through One Webull Account

The Chief Executive Officer of Webull UK, Nick Saunders, said that the number one goal at Webull is to help clients make better investment decisions with technology. He added that comparing savings accounts and smartly managing cash will let Webull users get the best from their money. Customers can place their funds in secure bank accounts, earn interest, and have it available for investments or as part of a varied portfolio.

Through one Webull account, users can review interest rates, deposit money into a preferred bank account, and effortlessly move funds between accounts and distribute assets across banks.

Two months ago, Webull launched a new edition of its trading application called Webull Lite. Thanks to this platform, users could use the same tools and learning materials provided on the regular Webull platform. It has four main features: personalized settings, investing, goal planning, and saving.

In February, Webull started working more with TradingView so users can make trades right from the charting platform. Now, with over 10,000 tools for free trading, this partnership helps traders reach the financial markets easily.

Earlier this year, Webull Canada introduced a cash management solution. This service lets clients earn 4% interest on Canadian dollars and 3% on US dollars for money not invested. Webull said this move meets the growing interest in investment platforms offering more benefits beyond regular trading options.

Webull Has Introduced Commodities And Futures Trading On Its Platform

Webull also introduced commodities and futures trading on its platform. With this move, the investment company wants to allow online retail traders to increase their Investment holdings.

Introduced in 2018 in the United States, Webulll now functions in Latin America, Europe, and Asia Pacific. It has 20 million users from more than 180 countries and about $370 billion in equity volumes. Its headquarters is in St. Petersburg, Florida, and the platform is developed on an advanced global network.

Webull gives retail investors nonstop access to financial markets globally. Users can manage investment strategies by trading fractional shares, options, ETFs, and international stocks via Webull trading platform. Its services are available in Canada, Mexico, Japan, South Africa, Australia, Singapore, Hong Kong, United Kingdom and the United States.