Webull allows trading of various products, like Stocks, Options and ETFs. Webull has now expanded our product range to include Mutual Funds. Let’s learn how to trade Mutual Funds!

Suppose you want to invest in Mutual Funds. Firstly, selecting a suitable Mutual Funds is important. Doing your own research on the performance, risks, returns, limit subscription amount and fees will likely be your first step. However, following that, how do you proceed to trade Mutual Funds on Webull? Let's find out!

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How to Apply for Mutual Funds Trading?

You will need to enable Mutual Funds trading before getting started.

• Go to Account -> Settings and apply for Mutual Funds trading.

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How to Buy Mutual Funds?

Step 1 Access the funds details page

Step 2 Tap "Trade" to buy

Step 3 Enter the subscription amount

Step 4 Click "Trading Rules" to find out more about this Mutual Fund

Step 5 Place the trade

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How to Redeem Mutual Funds?

Step 1 Click the Mutual Funds you want to redeem

Step 2 Tap "Redeem"

Step 3 Enter the units to redeem

Step 4 Check the redemption rules

Step 5 Tap "Redeem” to submit your order

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The Bottom Line

Mutual Funds is an efficient way to invest and diversify your portfolio. If you are unsure about investing, Mutual Funds might be a great option.