FSA — Australia
ウィブル証券株式会社
Regulated · No. 関東財務局長（金商）第48号
Webull Review — Overview
Regulation
Tier-1 regulated
Licence
FSA · No. 関東財務局長（金商）第48号
Licence status
Regulated
Platforms
Webull(Mobile, Web, and Desktop)
Instruments
Stocks, Options, Index Options, Futures
Operating
Est. 2005
Main market
US
Entity
ウィブル証券株式会社
Website
Unknown
Webull is a forex & CFD broker based in Japan, established in 2005. On Trust Broker Hub it holds a Trust Score of 5.2 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
Crucially, Webull is regulated by FSA, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
Webull provides access to Stocks, Options, Index Options, Futures. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, Webull has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
Webull currently scores 5.2/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Trading conditions and fees not publicly disclosed
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Stocks, Options, Index Options, Futures, ETFs, OTC, Shares |
| Minimum deposit | Not disclosed |
| Maximum leverage | Not disclosed |
| Typical spread | Not disclosed |
| Platforms | Webull(Mobile, Web, and Desktop) |
| Demo account | Not disclosed |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on Webull
Our analysis · editorial
5.2/10
A mixed risk profile
Webull holds a tier-1 regulatory licence (FSA). Based in Japan, it has been operating for about 21 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 5.2/10 — a mixed profile.
Strengths
- Authorised by a tier-1 regulator (FSA)
- Long 21-year operating track record
- No complaints on record with us
- Supports Webull(Mobile & Web trading
Watch-outs
- Always confirm the licensed entity covers traders in your country
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
Webull — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag Webull here if that changes.
Full specifications
Regulated region
Japan
Operating period
5-10 years
Main market
US
Licensed entity
ウィブル証券株式会社
License status
Regulated
Instruments
Stocks, Options, Index Options, Futures, ETFs, OTC, Shares
Year founded
2005
Frequently asked
Is Webull a safe broker?
Webull scores 5.2 / 10 on our Trust Score, above the 3.3 industry average. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the Webull trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from Webull?
Webull doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.