Webull has introduced mutual funds for IRA accounts in the United States, expanding its product range to support long-term investing. The online brokerage said the new feature gives eligible users access to professionally managed funds within its platform, marking a step toward broader retirement offerings. The rollout has started in beta for select customers, with full availability expected at a later stage.

New option for retirement portfolios

Webull said the new feature allows IRA holders to invest in mutual funds that combine stocks, bonds, and other assets under professional management. These products are commonly used by investors seeking diversification and simpler portfolio construction.

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The company added that users will be able to access no-load mutual funds, which do not charge sales commissions. The offering aims to help investors manage retirement savings and diversify holdings without leaving the platform.

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Lindsay Ryan, Head of U.S. Products at Webull, said the addition of mutual funds enables clients to consolidate their investments and focus on long-term financial goals. The feature targets users contributing to retirement accounts, transferring existing retirement assets, or building diversified portfolios over time.

Gradual rollout and future updates

Webull confirmed that the mutual fund service is currently available to a limited group of U.S.-based clients. The company plans to extend access to all eligible IRA users after completing the testing phase.

The platform also expects to expand its selection of available funds by adding more products over time. In addition, Webull said it plans to introduce support for ACAT transfers, which would allow users to move mutual fund holdings from other brokers.

The launch reflects a broader effort by Webull to strengthen its position in long-term investing. By adding mutual funds to its IRA offering, the company moves closer to traditional brokerage models that provide a wider range of retirement-focused products.

Webull’s move to add mutual funds to IRA accounts brings it closer to the feature set already available at several mobile‑first retail brokers. Platforms such as Robinhood, SoFi and Ally Invest allow customers to hold mutual funds alongside stocks and ETFs in tax‑advantaged accounts, giving app‑centric investors access to diversified.

Webull’s IRA mutual fund launch narrows

At the same time, the launch narrows the distance between Webull and larger, full‑service brokers that have long offered mutual funds for retirement savers. Fidelity, Charles Schwab, Vanguard, E*TRADE and Interactive Brokers already support extensive mutual fund line‑ups inside traditional, Roth and rollover IRAs, often with commission‑free or no‑transaction‑fee ranges aimed at long‑horizon investors.

Webull delivered strong top-line growth in the first quarter of 2026, with revenue rising 36% year-over-year to $159.9 million as active traders drove a sharp increase in activity across the platform. Higher equity and options volumes, supported by firm client engagement and growing assets, underpinned the performance: equity notional volume more than doubled to $261 billion, options contract volume climbed 31% to 159 million, and daily average revenue trades increased 42% to 1.3 million.