Share Trading comparison
easyMarkets vs Webull
easyMarkets and Webull aren't really competing in the same game. easyMarkets is a CFD and options broker — it doesn't support ASX or US shares at all. Webull is a full-fledged share trading platform with CHESS-sponsored ASX trading, US stocks, fractional shares, and even Hong Kong and China A-shares. If you want to actually own shares, easyMarkets isn't the tool for the job.
Choose
easyMarkets
if…
- ›You want to trade CFDs, options, or forex rather than buy and hold actual shares
- ›You're looking for a low $25 minimum deposit to get started
- ›You want to deposit via crypto, Skrill, Neteller, or POLi — Webull only supports bank transfers and PayTo
- ›You prefer a demo account with structured educational courses to learn trading strategies
Choose
Webull
if…
- ›You want to buy and hold real ASX or US shares under your own HIN with CHESS sponsorship
- ›You trade US stocks regularly — Webull offers $0 US brokerage and fractional shares
- ›You want a platform that handles tax with an Australian tax statement and CGT report
- ›You need joint, trust, or SMSF account structures — easyMarkets only offers individual and company accounts
- ›You want to automate investing with weighted DCA into ETFs without paying brokerage on ASX ETFs
Where they differ
| Fact | easyMarkets | Webull |
|---|---|---|
| Share ownership model | CFD-based (no direct share ownership) | CHESS-sponsored with individual HIN |
| ASX brokerage | Not applicable (no ASX trading) | $1 minimum or 0.03% (ASX shares); $0 on ASX ETFs |
| US brokerage | Not applicable (no US shares) | $0 commission on US stocks and ETFs |
| Market data fees | $0/month | $49.99/month for real-time data |
| Inactivity fee | $25 | $0 |
Verdict
If you want to own shares, Webull is the obvious choice. easyMarkets is for CFD and options traders only.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | easyMarkets | Webull |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | — | chess |
| Individual HIN | — | Yes |
| Individual account | Yes | Yes |
| Joint account | No | Yes |
| Company account | Yes | Yes |
| Trust account | No | Yes |
| SMSF account | No | Yes |
| Kids / minor account | No | No |
| asset coverage | ||
| ASX shares supported | No | Yes |
| ASX ETFs supported | No | Yes |
| US shares supported | No | Yes |
| US ETFs supported | No | Yes |
| Other markets supported | Hong Kong, China (A-shares) | |
| Fractional shares (ASX) | No | No |
| Fractional shares (US) | No | Yes |
| Options trading | Yes | Yes |
| CFDs supported | Yes | No |
| Crypto trading | — | Yes |
| Managed funds | No | No |
| Bonds supported | No | No |
| IPO access | No | No |
| costs hidden | ||
| FX spread (AUD/USD) | — | 0.5% |
| FX spread (other currencies) | — | 0.5% |
| Holds USD account | Yes | Yes |
| FX currency switch trick | No | — |
| Market data fees | $0/month | $49.99/month |
| Conditional order fees | $0 | $0 |
| costs visible | ||
| ASX brokerage minimum | — | $1 |
| ASX brokerage percentage | — | 0.03% |
| ASX brokerage threshold | — | $3,333 |
| ASX free trade conditions | — | ASX ETFs: $0 brokerage on all trades, no conditions. ASX shares: not free — $1 minimum or 0.03% (whichever greater). |
| US brokerage minimum | — | US$0 |
| US brokerage percentage | — | 0% |
| Monthly platform fee | $0/month | $0/month |
| Annual platform fee | $0/year | $0/year |
| Inactivity fee | $25 | $0 |
| Withdrawal fee (AUD) | $0 | $0 |
| identity and trust | ||
| Legal entity name | easyMarkets Pty Ltd | Webull Securities (Australia) Pty Ltd |
| AFSL number | 246,566 | 536,980 |
| AUSTRAC registration | — | Yes |
| Year founded | 2,003 | 2,022 |
| Parent / ownership | Blue Capital Markets Ltd (private, Cyprus-headquartered easyMarkets group) | Webull Corporation (NASDAQ: BULL), Cayman Islands holding company; originally backed by Hunan Fumi Information Technology (China) with investors including Xiaomi, General Atlantic, Coatue, Lightspeed |
| Country of incorporation | AU | Australia |
| Public company status | private | public |
| money movement | ||
| Minimum initial deposit | $25 | $500 |
| Minimum subsequent purchase | $0 | $0 |
| Deposit methods | Credit/Debit Card (Visa, Mastercard, Amex), Bank Wire Transfer, BPAY, Skrill, Neteller, POLi, Crypto (BTC, ETH, USDT) | PayTo, Bank transfer (EFT), International wire |
| Settlement period | — | T+2 for ASX; T+1 for US |
| Withdrawal time | 1 business day to process; 3-10 business days for funds to arrive depending on method | 1-2 business days for AUD bank transfer; 1-5 business days for international wire |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | Yes | Yes |
| Demo account | Yes | Yes |
| Free real-time market data | Yes | No |
| Free research reports | Yes | No |
| 2FA support | SMS + authenticator | authenticator |
| Customer support channels | phone, email, live chat | Phone, Email, In-app chat |
| Support hours (AU time) | 24/5 (Monday to Friday, around the clock during market hours) | Phone: Mon-Fri 08:30-18:00 AEST/AEDT. In-app chat: advertised 24-hour. |
| Education content | structured courses | structured |
| tax and reporting | ||
| Australian tax statement | No | Yes |
| Distribution component breakdown | No | — |
| CGT calculator / report | No | Yes |
| Sharesight / Navexa integration | No | Yes |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | Yes | Yes |
| Conditional orders | Yes | Yes |
| Auto-invest / DCA | No | Yes |
| Auto-invest sophistication | none | weighted |
| DRP (dividend reinvestment) | No | No |
| After-hours / overnight trading | Yes | Yes |