Webull has introduced mutual funds for IRA accounts in theUnited States, expanding its product range to support long-term investing. The online brokerage said the new feature gives eligibleusers access to professionally managed funds within its platform, marking astep toward broader retirement offerings. The rollout has started in beta forselect customers, with full availability expected at a later stage.New option for retirement portfoliosWebull said the new feature allows IRA holders to invest inmutual funds that combine stocks, bonds, and other assets under professionalmanagement. These products are commonly used by investors seekingdiversification and simpler portfolio construction.The company added that users will be able to access no-loadmutual funds, which do not charge sales commissions. The offering aims to helpinvestors manage retirement savings and diversify holdings without leaving theplatform.You may also like: Online Brokers Race to Modernize 401(k) Transfers as Fintech Fills the GapLindsay Ryan, Head of U.S. Products at Webull, said theaddition of mutual funds enables clients to consolidate their investments andfocus on long-term financial goals. The feature targets users contributing to retirementaccounts, transferring existing retirement assets, or building diversifiedportfolios over time.Gradual rollout and future updatesWebull confirmed that the mutual fund service is currentlyavailable to a limited group of U.S.-based clients. The company plans to extendaccess to all eligible IRA users after completing the testing phase.The platform also expects to expand its selection ofavailable funds by adding more products over time. In addition, Webull said itplans to introduce support for ACAT transfers, which would allow users to movemutual fund holdings from other brokers.The launch reflects a broader effort by Webull to strengthenits position in long-term investing. By adding mutual funds to its IRAoffering, the company moves closer to traditional brokerage models that providea wider range of retirement-focused products.Webull’s move to add mutual funds to IRA accounts brings itcloser to the feature set already available at several mobile‑firstretail brokers. Platforms such as Robinhood, SoFi and Ally Invest allowcustomers to hold mutual funds alongside stocks and ETFs in tax‑advantagedaccounts, giving app‑centric investors access to diversified.Webull’s IRA mutual fund launch narrowsAt the same time, the launch narrows the distance betweenWebull and larger, full‑service brokers that have longoffered mutual funds for retirement savers. Fidelity, Charles Schwab, Vanguard,E*TRADE and Interactive Brokers already support extensive mutual fund line‑upsinside traditional, Roth and rollover IRAs, often with commission‑freeor no‑transaction‑feeranges 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 activetraders drove a sharp increase in activity across the platform. Higher equityand options volumes, supported by firm client engagement and growing assets,underpinned the performance: equity notional volume more than doubled to $261billion, options contract volume climbed 31% to 159 million, and daily averagerevenue trades increased 42% to 1.3 million. This article was written by Jared Kirui at www.financemagnates.com.