The UK division of brokerage group Webull announced significant upgrades to its UK offering on Thursday morning.
The broker now offers investors access to UK-listed equities and ETFs, having previously only given users access to international markets.
On top of that the Webull UK will now offer two different account types.
Webull Go is a free account that gives users access to a more limited set of stocks, ETFs, and options products.
The other account – Webull Meridian – costs £5 per month and lets the user access the full set of Webull products, with lower transaction and FX conversion costs.
The final change is on pricing, with Webull UK customers now getting US equity commissions changing from 2.5 bps to a flat $0.10 per trade.
The expansion into UK stocks and ETFs is being facilitated by Upvest, a German technology company that provides companies with access to investment products.
“At Upvest, we are delighted to be chosen by Webull UK to power their next stage of growth,” said Symmie Swil, UK GM at Upvest.
“With this expanded product offering, Webull UK’s end users will benefit from greater flexibility, fast execution, and a seamless trading experience. As Europe’s leading investment infrastructure provider, Upvest’s mission is to make investing as easy as spending money by making affordable and digital-first experiences accessible to all. Our partnership with Webull UK delivers exactly this: enabling investment journeys that are personalised, flexible, and intuitive.”
