Advertisement

How to leverage technology to empower your investing

This article is part one of the six-part series Investing Made Easy

Technology is swiftly changing how self-directed investors handle their portfolios, making share trading more accessible and allowing you to build your wealth with just a few clicks.

Webull is leading the technology charge for investors in Australia with a powerful, user-friendly app designed to equip investors with advanced tools that make navigating both local and international markets simple and efficient.

“From the outset with Webull we’ve tried to leverage as much technology as we can to make investing easier for clients,” Chief Executive Officer of Webull Australia Rob Talevski said.

The Webull app is designed for simplicity. “If you can use a mobile phone, you’ll have no trouble using our app,” Talevski said. Packed with advanced technology, it gives even those without trading experience the confidence to grow their portfolios.

One account, multiple markets

Webull lets users trade US, China, Hong Kong and Australian equities derivatives and more with a single account. “Unlike many platforms that require separate accounts for different markets, we consolidate everything into one place,” Talevski said.

Efficient onboarding

With a simple account set-up process, you can have a US trading account in minutes, pending verification, Talevski said. “An Australian trading account can take a bit longer, but you can have account active for Aussie equities by the next day.”

Sleek platform and easy to navigate

“The app’s user experience is very good. It’s customisable to suit personal preferences.  Talevski said. “The reality is you can be globally connected into trading from your phone.”

Simple money management

Unlike other platforms that require users to set up a cash management account, Webull is the only online investment platform in Australia offering PayTo, a fast payment featuring instant fund transfers for immediate trading. Webull also offers a Cash Management, first-of-its-kind feature that lets users earn interest on idle funds. “You can earn over 4% on AUD holdings and over 5% on USD,” Talevski said.

Paper trading

Webull’s paper trading allows users to practice investing without risking real money, helping them build skills and confidence. “You might have a strategy you want to test, you can execute it with real-time data before you put real money behind it, giving you the chance to see how it performs before committing real funds,” Talevski said.

Resource centre

Webull technology has made it easy for clients to access the information and learning they need at their fingertips, Talevski said. “If you’re new to investing or come across unfamiliar terms or products, our extensive Learning Centre offers detailed, step-by-step modules within the app and website. This helps users not only learn to navigate the app but also understand how to trade various products.”

A smart way to trade

Talevski said Webull has entered the Australian trading market with a long-term vision, providing investors with a simpler way to access the equities market with confidence.

“We want our investors to be long-term clients and when they do well, we do well. The technology and features in our platform allow you to truly get comfortable to start growing your wealth,” he said.

This article was developed in collaboration with Webull, an advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

Advertisement
Stay informed, daily
A FREE subscription to The New Daily arrives every morning and evening.
The New Daily is a trusted source of national news and information and is provided free for all Australians. Read our editorial charter.
Copyright © 2024 The New Daily.
All rights reserved.