How to Cancel Webull & Close Your Account (2026 Guide)
Updated February 2026 · Withdraw funds, transfer stocks, close account
Important: Webull has two things to cancel — paid subscriptions (Level 2 data, etc.) and your brokerage account itself. Make sure you know which one you need.
Cancel Webull Paid Subscriptions
Webull offers optional paid subscriptions:
- Level 2 Advance (Nasdaq TotalView): ~$2.99/month
- Webull Premium: Higher-tier market data and analytics
Cancel on the App
- Open the Webull app
- Tap your profile icon (bottom right)
- Tap My Subscriptions or Level 2 Advance
- Tap Cancel Subscription
- Confirm cancellation
Cancel via App Store / Google Play
If you subscribed through the App Store or Google Play, you must cancel through them — not the Webull app:
- iPhone: Settings → Apple ID → Subscriptions → Webull → Cancel
- Android: Google Play → Menu → Subscriptions → Webull → Cancel
Close Your Webull Brokerage Account
⚠️ Before closing your account:
- Sell all positions OR initiate an ACAT transfer to another broker
- Withdraw all cash to your linked bank account
- Wait for any pending settlements (T+1 for stocks)
- Download tax documents (1099s) — you'll need these
Steps to Close
- Ensure your account balance is $0 (no stocks, no cash, no pending orders)
- Open the Webull app → Profile → Help Center
- Search for "close account" or contact support
- Submit a request to close your brokerage account
- Webull support will process the closure (may take 3-5 business days)
Transfer Stocks Instead of Selling
If you want to move to another broker without selling (and triggering taxes):
- Initiate an ACAT transfer from your new broker (Fidelity, Schwab, etc.)
- The new broker pulls your positions — takes 5-7 business days
- Webull charges a $75 outgoing transfer fee
- Many brokers (Fidelity, Schwab) will reimburse the $75 fee — just ask
What About Crypto on Webull?
Webull crypto is held in custodial wallets — you cannot transfer crypto out directly. You'll need to:
- Sell your crypto positions on Webull
- Withdraw the cash
- Re-buy on your preferred exchange (Coinbase, Kraken, etc.)
This triggers a taxable event. Factor in capital gains/losses before selling.
Better Brokers to Switch To
- Fidelity: Best overall — no PFOF, fractional shares, excellent research, will reimburse transfer fee
- Charles Schwab: Full-service broker, great customer support, thinkorswim platform
- Vanguard: Best for long-term index investing — lowest-cost funds
- Interactive Brokers: Best for active traders — lowest margin rates, global markets
What other financial subscriptions are you paying for?
Market data, trading tools, stock screeners, premium research — they add up. Upload your bank statement to JustCancel to find every recurring charge.
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