Webull UK Introduces Exchange Trading Options To Its Users
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
Digital investment platform, Webull UK, has launched options trading for its users. According to the platform, the new feature is built for advanced active traders who are looking to take profits from volatility in share prices while managing their risks.
The exchange trading on the platform means users have limited counterparty risks when going for options trading on Webull UK. It reduces the risk of price manipulation by a single market maker, something that discourages some traders from considering options trading.
Webull Recently Launched A Savings Feature To Give Users More Access
The new trading system will be launched after the platform launched Webull Savings. It enables UK users to gain access to different saving accounts, facilitating the quick transfer of funds between banks and customer accounts.
The Chief Executive Officer of Webull UK commented on the new feature. He stated that the company is excited about the addition of options trading as a new feature for sophisticated traders. He noted that the launch aligns with the high demand by its users who have been clamoring for such service since the firm’s initial launch.
“Few brokers in the UK offer retail clients access to listed derivatives,” Saunders added. He said the company’s clients are looking for an option that will enable them to speculate on securities without betting against their broker. They want to utilize options when making money in a fluctuating market.
Webull has given updated users and showed them how they can become part of the features. According to Webull’s post on X, clients can get on board with the new features by launching the Webull app and signing up for the waitlist to get early access.
Webull Expands Services In Malaysia And Thailand
Welbull has also launched 24-hour stock trading in Thailand. It marks the first brokerage firm that will offer continuous trading in the country. Following the introduction of the new feature, traders and investors in Thailand can now trade US-listed ETFs and equities 24/7, including during US overnight hours.
Webull has continued to expand its offerings across several jurisdictions in Asia. The platform recently added a similar service in Malaysia. Also, the platform has launched a new feature called Webull Savings. The platform integrates investment and savings capabilities into a single platform, giving users the ability to make all their trading decisions on a single platform.
Users can easily move funds between banking and trading, deposit funds into different bank accounts, and compare interest rates.