How Many Customers Does Webull Have

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Have you ever wondered about the sheer scale of the Webull platform, the popular trading app that's captured the attention of countless investors? Well, you've come to the right place! Understanding a brokerage's user base can offer valuable insights into its growth, market presence, and overall success. This comprehensive guide will walk you through everything you need to know about Webull's customer numbers, its growth trajectory, and what that means for you.

How Many Customers Does Webull Have? A Deep Dive into Their User Base

Webull, a rapidly growing online brokerage, has seen remarkable expansion since its launch. It caters to a global audience, offering a diverse range of financial products and sophisticated trading tools. When we talk about "customers," it's important to distinguish between registered users and funded accounts, as these figures tell slightly different but equally important stories about the platform's reach and engagement.

How Many Customers Does Webull Have
How Many Customers Does Webull Have

Step 1: Discovering the Latest Numbers – Let's Get Current!

So, you're curious about Webull's customer count? Excellent question! The numbers are dynamic, constantly changing as the platform attracts new users and expands its global footprint. To truly understand "how many customers Webull has," we need to look at the most recent available data.

Current Snapshot (as of Q1 2025):

As of March 31, 2025, Webull reported some impressive figures:

  • Registered Users: Webull serves more than 24 million registered users globally. This number reflects everyone who has signed up for an account on the platform, whether they've deposited funds or not. It's a strong indicator of Webull's broad appeal and global reach.

  • Funded Accounts: Out of these registered users, Webull had approximately 4.7 million funded accounts. This figure represents the active users who have deposited money and are actively trading or investing on the platform. This is a crucial metric, as it indicates the level of active engagement and trust in the platform.

  • Customer Assets: The total customer assets on Webull's platform amounted to $12.6 billion. This figure showcases the substantial capital entrusted to Webull by its users, reflecting confidence in its services.

Step 2: Understanding the Growth Trajectory – A Story of Rapid Expansion

Webull's journey has been one of significant growth since its launch. Let's break down how their numbers have evolved over time.

A Look Back at Recent Growth (2024 & 2023):

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  • End of 2024:

    • Webull served over 23.3 million registered users.

    • They had 4.7 million funded accounts with $13.6 billion in customer assets.

    • In 2024, Webull's registered user base grew by 18%, funded accounts increased by 9%, and total assets saw a substantial increase of 66%.

  • 2023:

    • Webull reported approximately 20 million registered users globally.

    • Customer assets increased by 38%, reaching US$8.2 billion.

    • The Webull App had been downloaded more than 40 million times globally.

This consistent growth demonstrates Webull's success in attracting and retaining users, expanding its offerings, and solidifying its position in the competitive online brokerage landscape.

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Step 3: Why Do These Numbers Matter? – Deciphering the Impact

The number of customers a platform like Webull has is more than just a statistic; it speaks volumes about several key aspects of the company:

Market Penetration and Brand Recognition:

  • High registered user numbers indicate strong brand awareness and successful marketing strategies. It shows that Webull is reaching a wide audience interested in financial markets.

  • Global reach signifies its success in adapting to different regulatory environments and catering to diverse investor needs across various countries. Webull operates in 14 markets across North America, Asia Pacific, Europe, and Latin America.

Liquidity and Trading Environment:

  • A large number of funded accounts contributes to higher liquidity on the platform. This means there are more buyers and sellers, which can lead to tighter spreads and better execution prices for trades.

  • A vibrant user community can also foster valuable discussions, shared insights, and a more engaging trading environment.

Investor Trust and Platform Reliability:

  • The significant amount of customer assets under management is a testament to the trust users place in Webull's security measures and its ability to safeguard their investments.

  • Consistent growth in funded accounts suggests that users are not just signing up but are actively engaging with and committing their capital to the platform, indicating a positive user experience.

Step 4: Factors Contributing to Webull's Customer Growth – What Makes it Attractive?

Several factors have played a crucial role in Webull's rapid expansion and ability to attract millions of customers.

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Commission-Free Trading:

  • The elimination of commissions on stocks, ETFs, and options has been a major draw, especially for retail investors looking to minimize trading costs. This makes investing more accessible and affordable.

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Advanced Tools and Features:

  • Webull offers a suite of sophisticated trading tools and analytical features that appeal to both novice and experienced traders. This includes advanced charting, technical indicators (over 60!), real-time market data, and in-depth fundamental analysis tools.

  • Professional-grade trading experience with a user-friendly interface across mobile, tablet, wearable, and desktop devices.

Global Expansion:

  • Webull's strategic expansion into multiple international markets has significantly broadened its customer base beyond its initial U.S. launch. This global vision has allowed it to tap into diverse investor communities.

Educational Resources and Community:

  • While primarily focused on active trading, Webull also provides educational content and fosters a community where users can learn and share insights.

  • The recent launch of Webull Premium in March 2025, a subscription-based service offering an elevated investing experience, indicates a continuous effort to enhance user value. As of May 15, 2025, Webull Premium already had approximately 40,000 users.

Diverse Investment Options:

  • The platform supports a wide range of tradable assets, including US stocks, ETFs, options, fractional shares, and cryptocurrencies, catering to varied investment strategies.

  • They've also expanded offerings to include over 1,000 SGX-listed products in Singapore, further diversifying options for users.

Frequently Asked Questions

10 Related FAQ Questions

Here are 10 related FAQ questions about Webull's customer base, each starting with "How to," along with quick answers:

How to check Webull's current number of registered users?

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You can typically find the most up-to-date figures in Webull's official press releases, investor relations reports (if available publicly, as they recently went public on Nasdaq), or financial news outlets that cover their earnings reports. As of Q1 2025, it's over 24 million.

How to find out Webull's number of funded accounts?

Similar to registered users, the number of funded accounts is usually disclosed in Webull's quarterly financial results or investor presentations. As of Q1 2025, it's approximately 4.7 million.

How to compare Webull's customer growth to other brokers?

You would need to find the equivalent registered user and funded account numbers for other major brokerages (like Robinhood, Fidelity, Charles Schwab) and compare their reported growth rates over similar periods.

How to understand the difference between registered users and funded accounts on Webull?

Registered users are individuals who have created an account on the platform, while funded accounts are those where users have actually deposited money, indicating active engagement in trading or investing.

How to verify the accuracy of Webull's reported customer numbers?

The most reliable source for verifying these numbers is Webull's official financial filings (e.g., with the SEC if applicable) and their press releases concerning earnings reports. Reputable financial news sources will often cite these official figures.

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How to interpret customer asset growth on Webull?

Growth in customer assets indicates that users are not only joining but also entrusting more capital to the platform, signaling confidence in Webull's services and potentially successful investment outcomes for users.

How to know if Webull's customer base is concentrated in specific regions?

While Webull operates globally, official reports often break down growth by region. However, a significant portion of their early growth was driven by the US market. Recent reports indicate expansion across North America, Asia Pacific, Europe, and Latin America.

How to assess the impact of Webull's customer growth on its stock (BULL)?

A growing customer base, especially funded accounts and customer assets, is generally a positive indicator for a brokerage's financial health and future revenue potential, which can positively influence its stock performance.

How to find historical data on Webull's customer numbers?

Historical data can be found in past press releases, archived financial reports, or articles from financial news outlets that have tracked Webull's growth over the years.

How to become a Webull customer?

To become a Webull customer, you typically need to download the Webull app or visit their website, sign up for an account, complete the identity verification process, and then fund your account through various deposit methods.

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