Webull today announced the expansion of its product offerings, adding futures and commodity trading, which gives clients the opportunity to further diversify their portfolios.
Futures trading will provide Webbull users with a platform to participate in the futures market, enabling them to speculate on directional/price movement instead of owning the underlying asset.
Futures trading enables Webbull clients 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 leverage their investment strategies as they can speculate on important economic events and assets. Webbull clients will also gain exposure to various asset classes such as commodities, currencies and indices, as well as tools to better understand these investments.
“With the introduction of futures trading, we extend Webull’s legacy of democratizing access to advanced financial products 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 a commitment to our client’s financial success in the dynamic world of trading and investing. We are excited about our expansion into futures trading and will continue to provide innovative, advanced and cost-effective products to our valued clients.”
The product will initially focus on futures contracts in a select group of highly liquid futures markets, complemented by some of the most common order types such as buy, limit, stop and limit stop orders.
“Webull’s expansion into futures provides users with a cost-effective solution to a derivatives product that has traditionally been 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 Webull. . “Understanding the importance of using futures contracts is beneficial for 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 it. Buy”.
Webbull clients who are interested in using futures but are unfamiliar with the product can use a full suite of educational materials and advanced tools and analytics. This offer is currently available in the US with plans to expand globally in the future.