The investment app also provides cryptocurrency trading, margin accounts, and IRAs.
Webull is best for active traders and DIY investors who want to trade at low costs.
Is Webull right for you?
Webull is best for active traders looking for commission-free trades on stocks, ETFs, and options. Though you may have to pay small fees (usually less than $0.01) for each trade, you won t need to meet a minimum account size requirement to get started.
In addition, the brokerage offers cryptocurrency trading, margin accounts, American Depositary Receipts (ADRs), Nasdaq market data and research, and full extended hours trading. The stock market is open from 9:30 a.m. to 4 p.m. Eastern Time. With extended hours trading, you can also place trades from 4 a.m. to 9:30 a.m. or 4 p.m. to 8 p.m.
Firstly, you ll get your refund sooner. Secondly, filing close to the tax-season start date shortens the window of opportunity for an identity thief to file a fake return in your name.
Lastly, it s looking like the next round of stimulus checks while not official yet will allow 2020 income to be used for eligibility. If you lost your job or took a pay cut last year, it s a good idea to report the lower income ASAP to the IRS in the event you qualify for more aid.
Your tax situation may look different this year because of pandemic-related financial relief. Here are six things to know: