Webull vs Unocoin: Fees, Security, Features & Which to Choose (2025)

Trying to choose between Webull and Unocoin This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on August 20, 2025

Webull

Unocoin

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Available Countries

United States

Yes

Europe

Latin America

India

Yes

China

Yes

Canada

Yes

United Kingdom

Yes

United States

Europe

Latin America

Yes

India

China

Canada

United Kingdom

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Webull is ideal if:

Best for hands-on, self-directed traders who want a sleek mobile-first experience with powerful charting tools, paper trading, and streamlined technical analysis.
Great for active or intermediate investors who appreciate commission-free access to stocks, ETFs, options, fractional shares, and even crypto on a responsive multi-platform setup.
Suitable for those seeking simple automation, thanks to Webull’s beginner-friendly tools like Smart Advisor (robo-advisory service), recurring investments, and digital portfolio guidance.

Unocoin is ideal if:

Great for ease of entry – Offers a clean and intuitive interface with mobile apps, making it especially friendly for newcomers stepping into crypto trading.
Secure and self-custody options – Emphasizes safety with features like cold storage, paper wallets, AES-256 encryption, and mandatory KYC/2FA.
Built for Indian users – Seamlessly supports INR deposits and local payment methods, tailored to the Indian market and regulatory environment.

Webull isn’t ideal if:

Not great if you prefer mutual funds or bonds, since Webull doesn’t offer access to those traditional investment vehicles.
May overwhelm true beginners, as its platform leans heavily on technical tools and charting that can be complex for newcomers.
Limited customer support could frustrate you, especially if you expect fast, live assistance or chat options during crunch times.

Unocoin isn’t ideal if:

International traders excluded – Only accessible to Indian residents and supports just the Indian rupee as fiat, making it a non-starter for global users.
Limited advanced features – Lacks sophisticated trading tools and broader crypto asset coverage favored by experienced traders.
Support may lag – Users report limited documentation and slow response times from customer service, potentially frustrating for those needing prompt assistance.

Fees & Total Costs

Spot Maker/Take

Webull applies a built-in price markup (spread) for crypto trades rather than standard maker/taker fees, with no public volume-tier discounts or token-based rebates available on their platform.

Unocoin applies a tiered maker/taker fee structure for spot trading, with lower rates (including zero maker fees) available to users with high 30-day trading volumes; there are no discounts tied to a native token.

Futures/Derivatives

For futures, Webull charges contract-based fees set by its exchange partners (like CME), and the platform does not publicly disclose maker/taker or funding-rate structures for these instruments.

Unocoin does not offer futures or derivative trading, so there are no maker/taker or funding fees applicable.

Average Spreads on Liquid Pairs

Webull embeds typical spreads of around one percent on both buying and selling of major crypto trades, implicitly reflecting the cost rather than stating exact bid–ask spreads per pair.

Specific or average spread data for BTC/USDT or ETH/USDT is not published prominently on Unocoin’s platform or support materials.

Fiat Deposits & Withdrawals

Users can deposit or withdraw via ACH, which is free but slower, or via domestic/international wire transfers, which are faster yet incur modest fixed fees set by the clearing firm; timing varies from same-day up to several business days.

You can deposit and withdraw INR using methods like NEFT, RTGS, IMPS, UPI, and instant options, with nominal or no fees for bank transfers and quick settlement—though third-party instant deposits (e.g., via Mobikwik) may incur a small percentage charge plus taxes.

On-chain Withdrawals

Webull currently does not support external crypto wallet transfers for most assets, so network and dynamic on-chain withdrawal fees do not apply for crypto; fiat wires are processed off-chain.

Crypto withdrawals are subject to network (miner) fees that vary dynamically per blockchain congestion rather than fixed amounts, and these are displayed at the time of withdrawal.

Hidden Costs

Webull does not charge inactivity or maintenance fees. Currency conversion may occur at your bank when funding with a different base currency, and there are no added charges for expedited identity verification services.

There are no hidden conversion or KYC-express fees, but an inactivity-based custodial fee applies if your account remains idle—typically a small monthly Bitcoin-based charge.

Real-World Cost Example: “€500 BTC

If you purchase €500 worth of Bitcoin, you’ll effectively pay a small percentage markup embedded in the trade price, then any fiat withdrawal back to your bank may incur a wire-transfer charge, while ACH withdrawal of fiat remains free.

A real cost example isn’t feasible as Unocoin doesn’t support euro deposits, and detailed spread or consolidated cost data for such a scenario isn’t publicly available.

Crypto Offering & Trading Features

Number of Coins & Pairs

Webull supports trading in approximately 36 cryptocurrencies directly through its platform, offering a well-rounded selection of both major and niche tokens, though the top 20 by trading volume typically include dominant pairs like BTC, ETH, Litecoin, and Dogecoin.

Unocoin supports over 90 to 120 cryptocurrencies overall and includes most of the top 25 market-cap coins—though the exact number varies by source, the platform mainly offers pairs with INR and a few crypto-crypto options.

Product Range

Webull provides spot trading for cryptocurrencies, recently expanded into futures contracts (e.g. Bitcoin and Ethereum) via its partnership with Coinbase Derivatives, and offers staking and stablecoin rewards through Webull Pay powered by Coinbase’s infrastructure; crypto options, crypto ETFs, margin, copy trading, bots, and auto-DCA are not part of its current crypto menu.

Unocoin offers spot trading, an OTC desk, and a Systematic Buying Plan (SBP), alongside staking-like passive-income options and affiliate/referral programs, but lacks margin, perpetuals, options, ETFs, grid bots, copy trading, or lending services.

Liquidity

While Webull itself doesn’t publish specific 24-hour volumes or order book depth for its crypto pairs, the Coinbase infrastructure backing Webull Pay provides access to institutional-grade liquidity and tight spreads, implying solid depth for major pairs like BTC and ETH.

Trading volume is relatively modest compared to global platforms—typical 24-hour volume sits in the tens of thousands USD range—and order book depth for BTC/ETH remains limited due to its domestic focus.

Tools

Webull offers advanced trading tools including limit and market orders, and robust charting features across mobile and desktop (akin to TradingView-level interactivity), plus customizable alerts; however, advanced order types like OCO (one-cancels-other), public API/WS for crypto, and native TradingView integrations are not currently available.

Traders can use market, limit, and advanced order types like Split, Ladder, and Stack; the platform offers web-based TradingView charts, mobile apps, and API/WS access, though alerting tools are not clearly highlighted.

Geographic Restrictions by Product

Crypto trading on Webull is seamless in most U.S. states, but there are regional exceptions—for instance, New York residents are limited to trading a narrower set of tokens; futures and expanded crypto offerings are currently available only to U.S. users, with global rollout in progress.

All features on Unocoin are only available to Indian residents; derivatives and higher-risk instruments are broadly unavailable both by design and regulatory limitations.

Innovation

While Webull doesn’t currently offer launchpad or launchpool events, it’s innovating in crypto yield products—through Webull Pay, users will soon access staking and USDC-based reward programs (with flexible terms) thanks to its Coinbase partnership, though locked-term options have not been specified.

Unocoin includes periodic investment (SBP), affiliate programs, Elite and Crypto Wealth Clubs for VIP support, and offers staking-like earn options, but lacks innovative features like launchpad/launchpool or flexible vs locked earn tiers.

Security, Regulation & Custody

Operating Entity & Jurisdiction

Webull was founded in 2016 under a Chinese holding, with Webull Financial LLC established in Delaware in 2017, turning into a U.S.-based broker-dealer licensed by the SEC and FINRA by 2018, while Webull Corporation now sits as the Cayman-Islands-registered parent headquartered in Florida.

Unocoin is operated by Unocoin Technologies Pvt Ltd, incorporated in 2015 and based in Bengaluru (formerly Tumkur), India, while functioning as a wholly owned subsidiary of a Singapore-based parent company.

Licenses/Registration

Webull operates under top-tier U.S. oversight (SEC, FINRA) with requirements for client fund segregation, though it does not publicly present itself as a VASP under MiCA or equivalent global crypto licensing frameworks at this time.

As a domestic crypto exchange in India, Unocoin is registered with the Indian Financial Intelligence Unit (FIU-IND) under the Prevention of Money Laundering Act rather than holding a formal license like VASP in more regulated jurisdictions.

Custody

Custody for crypto on Webull is handled through Coinbase’s Crypto-as-a-Service, leveraging institutional-grade security with encrypted systems and offline cold storage; there’s no public disclosure of proof of reserves, audit reports, or a cold-storage percentage.

Most user funds are held in cold storage (offline wallets secured with strong encryption), while live balances are held by Unocoin internally; there’s no publicly disclosed Proof of Reserves or formal audit percentage published.

Insurance & Protection Funds

Securities and cash in Webull Financial LLC accounts are SIPC-protected up to standard limits, with excess SIPC insurance via Lloyd’s of London or clearing firm Apex, but no specialized insurance for digital asset holdings.

Unocoin does not publicly offer exchange-backed insurance or compensation funds to cover losses from hacks or operational failures.

Incident History

Webull has not been involved in major crypto-exchange hacks; however, it has faced regulatory scrutiny such as a $3 million FINRA fine in 2023 over customer complaint handling and due diligence lapses, along with multi-state probes and a state-device ban in Tennessee due to concerns over ties to China.

There are no known major hacks or public penalties involving Unocoin; their operations have continued uninterrupted, and regulatory authorities have not issued enforcement actions.

Risk Controls

Webull enforces industry standard safeguards like 2FA, encryption, and internal controls, with account security layers in place; however, advanced crypto-specific features like whitelists, sub-accounts, anti-phishing tools, or granular API permissions are not prominently available.

User accounts benefit from security measures like AES-256 encryption, mandatory two-factor authentication, and cold storage, though advanced features like whitelisted addresses, sub-accounts, or granular API permissions are not emphasized.

Transparency

Webull does not currently publish monthly custody or audit reports, nor a publicly visible wallet or balance sheet for crypto assets, and service-level agreements (SLAs) for uptime or asset availability aren’t publicly disclosed.

Unocoin does not publish regular reserve audits or monthly transparency reports, nor does it provide public wallet addresses or a formal uptime/service-level agreement (SLA).

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

Webull supports funding via ACH transfers—free, with up to $50,000 per deposit and settlement in 3–5 business days, allowing around $1,000 of immediate purchasing power; wire transfers (domestic/international) are available with faster settlement (1–2 days for domestic, up to 5 for foreign), no formal deposit limits, and costs handled by the sending bank.

Unocoin supports INR deposits via NEFT/RTGS/IMPS and unique virtual bank accounts, with daily minimums of around ₹100 (instant) or ₹1,000 (bank transfers) and maxima in the lakhs to crores range; funds typically hit your account within the hour when using virtual deposit, while traditional transfers may take longer.

Supported Fiat Currencies & Conversion

KYC (Verification Levels)

Webull requires standard identity verification upon account opening (name, bank linkage) and performs additional steps like micro-deposits through Plaid when needed; it does not advertise multiple KYC tiers or specific deposit/withdrawal limits tied to verification levels.

Unocoin requires full identity verification—including PAN card, address proof, and selfie—before enabling deposits, withdrawals, and trading; there are no multi-level tiers like basic or advanced, just one verified status that unlocks all functions.

Withdrawals

Fiat withdrawals are possible via ACH (free, 1–3 business days, daily limit around $50,000) or wire transfers (domestic and international options, time ranging from next-day to several days); there’s no support for crypto-network withdrawals (e.g., ERC-20, TRC-20) from crypto holdings as Webull currently handles those internally.

Crypto withdrawals incur dynamic network fees and are processed on standard blockchain networks (e.g., ERC-20 or TRC-20 where supported), while INR withdrawals to your linked bank account are fee-free and usually settled via NEFT/RTGS/IMPS according to banking times; specific per-coin limits are not prominently published.

Customer Support

Webull offers support primarily via email and an extensive online Help Center with FAQs and guides; there’s no indication of a 24/7 live chat, and response times vary; documentation is comprehensive, though interactive support may be limited.

Support is available through email, a help-center ticket system, and social channels; there’s no 24/7 live chat, and while Unocoin offers a knowledge base with FAQs, user feedback suggests response times are moderate rather than instant.

Languages & Localization

The platform tailors its services based on region—US users operate in USD, while European users access deposits and pricing in euros (via Webull Europe), with localized interfaces and regulatory compliance. However, Spanish-language localization isn’t broadly featured unless offered locally by a regional branch.

The platform is localized for Indian users with English as the primary interface language and prices displayed in INR—not in euros or dollars—and it operates under India’s local crypto regulatory environment.

App Quality & Stability

Webull is generally considered stable and has effectively weathered market surges and volatility since its 2016 launch, but users occasionally report UI crashes or performance hiccups, especially on mobile; regular updates and troubleshooting tips are available in its help guides.

Unocoin’s mobile app (3.5/5 on Android) offers essential trading and wallet features, and while it is generally functional with regular updates, user reviews note occasional stability issues and room for performance improvements.

Experience, Performance & Ecosystem

UX/UI

Webull strikes a solid balance between sophistication and ease of use, featuring a streamlined interface for the everyday user while offering a “Pro-like” feel through customizable dashboards, advanced charting, and intuitive navigation—though there’s no true “Lite” vs “Pro” mode toggle.

Unocoin boasts a clean, beginner-focused interface that makes getting started in crypto straightforward, though it doesn’t offer differentiated “Lite” or “Pro” modes; the unified experience emphasizes simplicity across both web and mobile platforms.

Performance

The platform generally delivers low-latency trade execution and holds up firmly during high-volatility periods; while user surges can cause interface lag, widespread “crashes” are rare and downtime is minimal even in bull markets.

The platform generally handles everyday trading efficiently with responsive order execution, but users have reported occasional delays during peak volatility and in processing KYC verifications when market activity surges.

Education

Webull provides a rich educational ecosystem, including a structured learning section with tutorials, community-led lessons, in-app webinars, and a robust paper-trading simulator—though Spanish-language modules are limited outside select regions.

Unocoin provides a comprehensive beginner-focused trading course—covering theory, strategy, and technical analysis—but it doesn’t include demo accounts, simulators, or educational content in Spanish.

Community

Webull fosters a lively investing community through in-app discussion boards where users share strategies, ask questions, and learn from each other; there’s engagement via feeds and idea-sharing, but no formal presence on Discord or Telegram for official support.

There’s an active affiliate/referral program and initiatives like community seminars and events, though the platform does not appear to run official forums or Discord/Telegram channels.

Integrations

The platform now offers deep integration with TradingView—allowing you to trade directly from its rich charting interface—although integrations with external tax tools, accounting software, or third-party bots remain limited.

Unocoin supports TradingView-style charts on its platform and exposes an API via third-party integrations like SnapTrade, but it lacks built-in support for external bots or purpose-built tax/accounting tools.

Who Each One Is Best For

Webull is ideal for self-directed and intermediate investors who value powerful visuals, flexible tools, and a vibrant peer community—less suited for those wanting lightweight simplicity, multi-platform integrations, or extensive multilingual support.

This platform is ideal for Indian beginners looking for a simple, mobile-friendly entry into crypto, whereas advanced or international traders may find its feature set and localization too basic for their needs.