Webull Launches Premium Membership With New Features

Webull, an online investment platform, has introduced Webull Premium, a new membership for users. This subscription-based service includes features like lower margin rates, deposit promotions, and reduced trading fees. The company said the new membership will improve the trading experience for investors.

Webull Premium Aims To Improve User Experience

Anthony Denier, Group President and leader of Webull in the United States, said Webull Premium is a step forward for the platform. He explained that the new service would raise the standard for retail investors by offering high-quality trading features.

Webull Premium includes benefits such as lower margin rates, better cash management rates, preferred pricing on derivatives, and access to advanced market data. The platform said early feedback from beta testers has been positive. The organisation also reported that the waitlist for the new service has grown faster than expected.

Arianne Adams, Webull’s Chief Strategy Officer and Head of Derivatives, said the company has been listening to user feedback. She explained that Webull Premium is designed to improve users’ trading and investing decisions.

Webull’s partnership with Kalshi will introduce short-term, cash-settled contracts. The company also plans to become a clearing member of Kalshi, which will help expand its services in the prediction market space. These new investment options will attract more traders looking for different ways to invest.

The Company Plans More Educational Tools For Traders

Webull noted that many users may be new to binary event contracts. To help traders understand these options, the company will provide educational resources. The firm said these tools will assist investors in making informed decisions.

At the same time, reports indicate that Kalshi’s sports event contracts are being examined by regulators. The Commodity Futures Trading Commission is looking into possible concerns related to gambling.

With Webull Premium, the platform aims to offer a better trading experience while expanding its investment options. The company said it will continue to develop new features based on user feedback.

Webull’s latest move follows its partnership with Kalshi, a prediction market exchange regulated by the Commodity Futures Trading Commission. With this partnership, the company plans to provide binary event contracts, which allow traders to invest in specific outcomes. The company said the demand for these contracts has increased, leading to the decision to introduce them.

According to reports, the launch of Webull Premium comes at a time when regulators are looking closely at similar services, such as those offered by Robinhood. The firm said the new service would provide users with more options while ensuring compliance with industry rules.