|
Webull for Non-U.S. Residents in 2025
Is Webull only for US citizens? Can non US citizens open a Webull brokerage account?
International account at Webull for non US residents.
|
Webull For Non-U.S. Residents
Webull does accept new account applications from non-U.S. residents.
Webull's supported countries list is as follows:
- United States
- Canada
- UK
- Japan
- China
- India
- Brazil
- South Korea
- Turkey
- Thailand
- Philippines
- Malaysia
- Learn more...
Alternative to Webull For Non-U.S. Residents
If you don’t live in one of these countries, you can still trade stocks and other securities listed on U.S.
exchanges. All you need is a brokerage account at Firstrade.
Free Firstrade Account
Visit Firstrade Website
Opening a Webull Account
Traders can use the mobile app or a PC to open a Webull account. To begin,
simply go to the Sign Up page and follow the on-screen steps.
The first screen users see is a phone verification tool that lets new customers confirm their phone numbers. This step is crucial because Webull uses mobile verification to enhance security.
As soon as the phone number is confirmed, the account application process begins.
Webull Incentive
Up to $12,000 cash and 20 FREE shares when you make a deposit at Webull.
Visit Webull Website
Application Process
Press the 'Open Account' button to begin the application.
ID Verification & Personal Information
The first section of the application deals with identity verification. Upload a valid ID and submit the images.
Accepted forms of ID include a passport, driver’s license, state ID, or US visa. Approved visa categories are E1, E2, E3, F1, H1B, H3, TN1, O1, and L1. Remember that everyone must have an SSN or ITIN, even if registering with a US visa.
It is also worth noting that the official website only lets new traders from the United States and China register. Citizens of those nations can still use a VPN to access and sign up from anywhere in the world.
All other users must finish their registrations through the mobile app.
After the account is verified, new applicants must answer several questions about their finances, trading history, address, and funding details.
Account Type
Applicants will then choose the type of account they want to open.
Webull offers the following account types:
- Individual Cash
- Individual Margin
- Traditional IRA
- Rollover IRA
- Roth IRA
Every Webull trader can have one cash, one margin, and one IRA account. Before you open an IRA account, you must first be approved for an Individual account.
Trading History and Risk Appetite
Next, applicants need to decide how much risk they are comfortable with. A set of questions helps both the new member and Webull determine which trading permissions are suitable.
A tip for new traders: to trade options spreads (buying and selling options at the same time), you must have Level 3 options clearance.
Wait for Approval
After submitting all required details and agreeing to the terms, you can send in your application. Approval usually arrives within 24 hours.
Funding Your New Trading Account
There are three main methods to fund a new Webull account: ACH, wire transfers, and ACAT.
ACH Transfers – Funding with ACH is straightforward. By linking your personal bank account to the brokerage, you can initiate transfers quickly and safely.
Keep in mind that ACH transfers can take up to five days to reach your account.
Fees – None
Timeframe – 3-5 days
Wire Transfers – To begin a wire transfer, choose it from the funding options. Once selected,
Wire transfers are relatively quick, but they involve extra fees.
Domestic wire fee - $3
International wire fee - $12.50
Timeframe – about 2-3 days
Transferring Stocks (ACAT) – The third way to fund your new trading account is by using the Account Transfer wizard.
This is ideal for those with bigger or more complex accounts since you don’t have to sell any holdings before the transfer.
Important details include:
- ACAT transfers must exceed $500
- A $75 transfer fee is typical (charged by the original broker).
Getting Ready to Trade
Before making your first trade, decide which type of asset you plan to trade. Also, confirm that you have the permissions needed for those trade types.
Click the icon next to your username.
Next, choose “Manage My Account.” To enable certain privileges, you must select them individually, read the relevant terms, and confirm your understanding of each.
After enabling your chosen asset classes, you typically wait up to 24 hours.
Updated on 2/24/2025.
Chad Morris is a financial writer with more than 20 years experience
as both an English teacher and an avid trader. When he isn’t writing
expert content for Brokerage-Review.com, Chad can usually be found
managing his portfolio or building a new home computer.
|