Webull UK Introduces Exchange-Traded Options And Enhanced Savings Features
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Webull UK, a digital investment platform, has introduced options trading for its users. This new feature is aimed at experienced, active traders who want to make money from changes in share prices while controlling risk.
Options trading on Webull UK has lower counterparty risk because it takes place on an exchange, making it harder for one market maker to manipulate prices. This follows the current debut of Webull Savings, which lets UK users access various savings accounts and quickly move money between their trading and bank accounts.
Webull UK Aims To Provide Continuous Trading Opportunities
Nick Saunders, Chief Executive Officer of Webull UK, said he and his team are happy to provide options trading, which many users have asked for since they first launched. He also stated that few brokers in the UK offer listed derivatives to retail clients. The clients appreciate being able to trade without betting against their broker and using options to try to profit in both rising and falling markets.
Webull has launched 24-hour stock trading in Thailand, becoming the first brokerage in the country to gives non-stop trading. Investors in Thailand can now trade ETFs and US-listed stocks anytime, including during US overnight hours.
This comes after a similar launch in Malaysia, where Webull started 24-hour trading in May 2024 to improve access to markets in US. Also, Webull UK has introduced a new feature called Webull Savings, which merges savings and investment options into one platform.
Webull UK Plans To Maintain Its Position As A Top Online Brokerage
Webull Savings helps make managing money easier by bringing together trading and savings into one platform. Users can easily see interest rates from different banks, deposit money into their chosen accounts, and move funds between their trading and bank accounts. This makes it simple to handle all their assets and savings in one spot.
Webull started in 2018 and has quickly become a top online trading platform. It’s on CNBC’s list of the World’s Best FinTech Companies for 2024 in the Wealth Technology category. Webull offers many financial tools, like stocks, futures, bonds, options, and ETFs. The firm is dedicated to giving people the technology and tools they need to be successful with their investments.
Webull UK’s new features, like savings and options trading, show it wants to improve the user experience and offer more for its growing clients. The firm easy-to-use platform and a strong set of tools help Webull stay at the top of the online trading market.
