Online brokerage
Webull Canada Review: CIRO-Registered, Fees & Platforms
By ForexCanada Editorial Team · Updated
Canada check
- Canadian status
- CIRO-registered
- Canadian entity
- Webull Securities (Canada) Ltd.
- CIPF coverage
- Yes (eligible accounts, within CIPF limits)
- OBSI complaints
- Yes — free, independent dispute resolution
- Accepts Canadians
- Accepts Canadian residents
- Licences abroad
- —
- Founded
- 2017
- Headquarters
- Toronto, ON (Canadian entity)
- Ownership
- Webull Corporation
Our take on Webull Canada
Webull launched a Canadian entity after years of Canadians asking for it; earlier versions of this site had to tell readers it wasn't available here. Webull Canada now offers $0 commission stock and ETF trading, options, TFSA and RRSP accounts, and a capable charting app. Research and education are thinner than at established brokerages.
Webull Canada offers a charting-heavy app, extended-hours trading and paper trading for practice. Canadian investors should look closely at currency conversion costs on U.S. trades, since $0 commissions don't remove FX spreads. Webull also launched crypto trading in Canada, but as with any platform, crypto held there isn't covered by CIPF.
Verdict
A good low-cost trading app; long-term investors may prefer a broader brokerage.
What we like
- +$0 stock and ETF commissions
- +Strong charting and extended-hours tools
- +TFSA and RRSP
Watch out for
- −Limited research
- −Smaller registered account menu
- −No forex or CFDs
How Webull Canada scores
Canadian protection carries 40% of the weight, so an unregistered firm can't outrank a registered one on price alone. See the full methodology.
Accounts, markets & platforms
- Platforms
- Mobile app, Proprietary desktop, Proprietary web
- Markets
- Stocks · ETFs · Options · Crypto
- Pricing
- $0 commissions on stock and ETF trades (regulatory and FX fees still apply)
- CAD / USD accounts
- ✓ CAD | ✓ USD
- Registered accounts
- TFSA, RRSP
- Demo account
- Not advertised
Figures are taken from the broker's own disclosures at our last review (2026-09) and change often — always confirm on the broker's website. Spot an error? Tell us.
Verify Webull Canada yourself
- Look for the firm on CIRO's list of dealers it regulates.
- Search the legal entity name in the CSA National Registration Search and check it is registered in your province.
- Confirm CIPF membership in the CIPF member directory.
- Search the CSA investor alerts for the brand name and any look-alike websites.
- Make sure the account agreement you sign names the same legal entity — not an offshore affiliate.
Webull Canada: frequently asked questions
Is Webull Canada regulated in Canada?
Yes. Canadian clients are served by Webull Securities (Canada) Ltd., a registered investment dealer and member of the Canadian Investment Regulatory Organization (CIRO). You can confirm this on CIRO's list of dealers it regulates and in the CSA National Registration Search.
Is my money protected with Webull Canada?
Eligible accounts at CIRO dealer members are covered by the Canadian Investor Protection Fund (CIPF) if the firm becomes insolvent — generally up to $1 million per account category. CIPF does not cover trading losses or crypto assets.
Can I open a TFSA or RRSP with Webull Canada?
Yes. Webull Canada offers TFSA, RRSP accounts. Note that leveraged forex and CFDs can't be held in registered accounts.
Canadian trader reviews
Reviews are submitted by readers and moderated by our editors for relevance and abuse. They are opinions, not verified facts, and never affect our score.
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