Webull adds futures and commodities trading to offering
Webull today announced the expansion of its product offerings, adding futures and commodities trading, which gives customers an opportunity to further diversify their portfolios.
Futures trading will provide Webull users with a platform to participate in the futures market by enabling them to speculate on the directional/price move instead of owning the underlying asset.
Futures trading empowers Webull customers to take their investment strategies to the next level by diversifying their portfolios and managing risk. It also provides users with access to a wide range of global markets, allowing them to participate and effectively deploy leverage in their investment strategies as they can speculate on major economic events and assets. Webull customers will also gain exposure to various asset classes, such as commodities, currencies and indices, as well as tools to better understand these investments.
“By introducing futures trading, we are extending Webull’s legacy of democratizing access to advanced financial products that are typically reserved for institutional investors,” said Anthony Denier, Group President at Webull. “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.”
The 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 like market, limit, stop market and stop-limit orders.
“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,” said Arianne Adams, Chief Strategy Officer and Head of Derivatives at Webull. “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.”
Webull customers who are interested in utilizing futures, but are not familiar with the product, can utilize a full suite of educational material and advanced tools and analytics. This offering is currently available in the US with plans to expand globally in the future.