How to Withdraw Money From Webull
There are several options available to withdraw money from your Webull account. Let’s go over how it works, the limitations, and timeframes for Webull withdrawals.
Webull Withdrawal Fee
Withdrawing money from Webull via ACH is free. If you use a wire transfer, there is a $25 fee for domestic wires and a $45 fee for international wires.
Withdraw Money From Webull by ACH
The most common method for withdrawing money from Webull is through an ACH transfer. ACH stands for Automated Clearing House, which is a standard banking system used for these transfers. It’s a type of bank transfer most people are familiar with.
Webull allows you to withdraw via ACH transfer on both the mobile app and the website. There are no fees for an ACH withdrawal.
Steps to do an ACH on the Webull app
1. Once logged into the mobile app, tap on the Webull circle icon at the bottom center of the screen to go to your account page.
2. Select your account from the drop-down menu in the top left of the screen.
3. You’ll see several tabs at the top, starting with “Assets.” Click on the “Transfers” tab.
4. On this page, click “Withdraw” if you already have a bank account linked, or click “Link a bank account” to link a new one.
5. After selecting “Link a bank account,” click the “Link Bank Account” button on this page.
6. Choose the ACH option.
7. You’ll see important info about the bank account that can be linked to Webull. You can’t link a third-party bank account—only a bank account in your name. At the bottom of the page, you’ll be asked to verify ownership of the bank account in one of two ways.
8. The quickest way to link your account is through Real-time verification. When you choose this option, Webull uses Plaid to verify your bank account right away. Click the “Continue” button at the bottom of the page.
9. Enter the name of your bank or choose it from the list of popular banks.
10. Enter your bank login details and click “Submit.”
11. Depending on your bank, you may have an additional security step, such as entering a code sent to you by text.
12. The next screen shows any bank accounts linked to your login. Select the account you want to link.
13. If the bank account is successfully linked, you’ll see a confirmation message. You can only link one ACH account at a time.
14. Once your bank is linked, go back to the “Transfers” screen, click “Withdraw,” choose ACH, enter the amount, and confirm.
Webull ACH Withdrawal Limits
Webull has a maximum daily limit of $50,000 for ACH withdrawals.
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How Long Does it Take to Withdraw Money by ACH?
An ACH transfer usually takes 1-3 business days to complete and for the funds to reach your bank account. If you make an ACH request on a Tuesday, you can expect the funds to appear by the following Wednesday or by that Friday at the latest.
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Withdraw Money From Webull by Wire
Another option for withdrawals is a wire transfer. Wire transfers are available on both the mobile app and website. Webull allows wires to both U.S. and international bank accounts. The fee for a domestic wire transfer is $25, and the fee for an international wire transfer is $45.
Steps to do a Wire on the Webull app
1. Once logged in to the mobile app, tap the Webull circle icon at the bottom center to go to your account page.
2. Select your account from the drop-down menu in the top left.
3. Click on the “Transfers” tab.
4. On this page, click “Withdraw” if you have a linked bank account, or click “Link a bank account” to link a new account.
5. After selecting “Link a bank account,” click “Link Bank Account.”
6. Select the Wire option.
7. Select your country and enter the required information. Domestic wires will need routing and account numbers, while international wires will need SWIFT/BIC codes, account numbers, and bank location details.
8. Enter the amount of the wire, the reason for the wire (if needed), and confirm. You’ll go through an extra security step before submitting the wire.
Webull Wire Withdrawal Limits
There is no maximum limit for wire transfers from Webull.
How Long Does it Take to Withdraw Money by Wire?
Wire transfers are usually the quickest withdrawal method. Domestic wire transfers typically take 1-2 business days before they are initiated. After initiation, they typically appear in your bank account within a few hours. Domestic wires generally show up the next business day.
International wire transfers can take up to 5 business days to process, but they usually take a few business days. You can expect international wires to show up in your bank account 2-3 business days after submission.
Steps to do an ACH or Wire on the Webull Website
1. Once logged in, click your avatar next to your username in the top right corner. Then, click “My Account.”
2. On the left side, select “Withdraw.”
3. Enter your “trading password,” a six-digit security code, to initiate a withdrawal or link a bank account.
4. If you need to link a new bank account, follow the steps for ACH or wire as shown above.
5. Once your bank is linked, choose your Webull account from the dropdown menu. You’ll see the cash available to withdraw from that account.
6. Select “Withdraw,” choose ACH or Wire, enter the amount, and confirm.
Withdraw by ACATS
The third option is an ACATS transfer for withdrawing securities. If you want to transfer assets to a different broker, request an ACATS transfer with the receiving broker.
ACATS transfers can only be started by the receiving broker.
Why Can’t I Withdraw Money on Webull?
A common reason you can’t withdraw money is that the funds are unsettled. Unsettled funds are from trades that haven’t been fully processed.
It usually takes 1-2 business days for funds to settle. Stocks and ETFs take 2 days, while options and mutual funds take 1 day.
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Updated on 2/7/2025.
Paul Johnson is a Licensed Stockbroker with 7+ years of experience in the financial services industry. Paul enjoys teaching about investing and writing about financial topics. He is a husband and father of twin boys.
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