InvestorsHub Logo

bar1080

01/15/23 7:55 PM

#155 RE: creede #154

LOL: Webull’s small account holders are demographically similar to those of its larger rival, with an average age of 40 and average account size of $4,000,

https://www.cnbc.com/2021/12/02/webull-ceo-on-what-factors-differentiate-his-trading-platform-from-robinhood.html

That's about the same as Robinhood which reportedly has an average account size of $3,500. Compare to Morgan Stanley with an account average of about $300,000.