Leading low-cost trading company Webull has announced the expansion of its product offerings by adding futures and commodities trading. This allows customers to diversify their portfolios even more. Futures trading will offer Webull users a platform to participate in the futures market by enabling them to speculate on the directional/price move rather than owning the underlying asset.
Futures trading enables Webull customers to diversify their portfolios and manage risk. It also gives users access to a broader range of global markets, allowing them to participate and effectively deploy leverage as part of investment strategies as they can speculate on major economic events and assets. Webull customers will gain exposure to various asset classes like commodities, currencies, indices, and tools to understand these investments better.
This product will initially focus on futures outrights in a select group of highly liquid futures markets, complemented by some of the most common order types, such as market, limit, stop market, and stop-limit orders.
Webull’s customers who are interested in utilizing futures, but are not familiar with the product can review a full suite of educational material and advanced tools and analytics. And this offering is currently available in the US with plans to expand globally in the future.
KEY QUOTES:
“By introducing futures trading, we are extending Webull’s legacy of democratizing access to advanced financial products that are typically reserved for institutional investors. At Webull, we aim to provide diversified portfolio options and access to coveted products that exemplify commitment to our customer’s financial success in the dynamic world of trading and investment. We are excited about our expansion into futures trading and will continue to provide innovative, advanced, and cost-effective products to our valued customers.”
– Anthony Denier, Group President at Webull
“Webull’s expansion into futures provides users with a cost-effective solution to a derivatives product that has been traditionally difficult to access, further establishing the company as a leader in retail investing. Understanding the significance of using futures is beneficial to all investors looking to diversify their portfolios, and Webull is proud to not only offer this opportunity, but also educational tools and resources for those unfamiliar with this market.”
– Arianne Adams, Chief Strategy Officer and Head of Derivatives at Webull
