Webull has launched a futures and commodities trading service on its platform, aiming to provide customers of online retail trading platforms with the opportunity to diversify their portfolios and participate in more complex trading strategies.。

Anthony Denier, President of the Webull Group, said: "The introduction of futures trading continues the Webull tradition, with only institutional investors usually receiving the populization of advanced financial products.。Webull's goal is to provide diversified portfolio options and access to cutting-edge products, reflecting our commitment to our clients' financial success in a dynamic world of trading and investing。"

Futures Trading Solutions

Futures trading on the Webull platform enables users to participate in the futures market without owning the underlying assets, and investors speculate on price movements, enhancing their ability to manage risk。Webull announced the new product on X (formerly Twitter) a little over a week ago.。

According to the report, the company aims to provide futures products to investors who are not familiar with the futures market, as well as provide comprehensive educational materials and advanced tools, and customers interested in exploring futures trading can obtain a full range of educational materials and analytical resources.。

Global Scalability and Accessibility

While the futures trading feature is currently available in the U.S., Webull plans to roll it out globally.。Last month, the online trading platform partnered with TradingView to launch more than 10,000 tools to Webull's customers.。According to a report, this partnership facilitates direct trade execution based on TradingView charts.。

Webull's expansion efforts are not limited to a partnership with TradingView, which is extending its reach into Canada while strengthening its presence in the Americas.。In Australia, Webull has introduced a new feature, Moneybull, to provide interest on idle funds; TradingView, on the other hand, has recently completed several integrations, including partnerships with OANDA, Afterprime, DXtrade and Match-Trader.。

In addition, Webull and SK Growth Opportunities Corporation announced plans for a merger aimed at listing on Nasdaq under the new ticker symbol, a deal that is expected to close by the end of 2024.。With more than 40 million downloads and more than 20 million users worldwide, Webull is present in Asia Pacific, Europe and Latin America.。