Event-Contract Accounts at Webull
Main Points:
• Webull now lets you trade event contracts.
• You need a separate account at Webull to trade event contracts.
• Opening an event-contract account is easy using the Webull mobile app.
If you already trade stocks or futures at Webull, you might want to try event contracts. This is a new type of trading at Webull. Here are the basics:
Event Contracts at Webull
The Commodity Futures Trading Commission (CFTC) says event contracts are a type of swap. In these swaps, two people agree to exchange money based on what happens in the future. If the event happens, the contract is worth $1. If it does not, it is worth $0.
Webull works with the Kalshi exchange to offer these contracts. Since event contracts are not regular securities, you can trade them as much as you want—there are no day trading rules.
There are different types of event contracts. Some are based on the Nasdaq and S&P 500 every hour. Some are for Bitcoin and Ethereum. Others predict what the Federal Reserve Board will do.
Trading hours for these contracts depend on the contract. Fed funds rate contracts usually trade from 8 am to 11 pm EST. Hourly contracts close at 4 pm.
Opening a Webull Event-Contract Account
You must have a special account just for event contracts. To open one, you first need an individual securities brokerage account at Webull with Apex as the clearing firm. This can be a cash or margin account. Once you have it, your event-contract account will get a unique account number, but it shares buying power with your securities account.
To open the event-contract account, use the Webull mobile app. Log in, then tap the Menu icon at the bottom right. On the Menu page, scroll to shortcuts and tap More. Then scroll to find the Events icon. Tap it to see more about event contracts. Press the blue button to apply and follow the instructions to finish opening your account.
After opening the event-contract account, if you already have a Kalshi account, Webull asks you to email both Webull and Kalshi at [rule33@kalshi.com](mailto:rule33@kalshi.com).
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Funding the Account
To put money in your event-contract account, first add funds to your linked securities account. Money you deposit isn’t ready for event trading right away. These hold times apply for event contracts:
- Wire deposits, 1 business day
- ACH deposits, 5 business days
- Debit-card deposits, 2 business days
Withdrawing Funds
Even though buying event contracts has a waiting period, selling is easier. Money from sales and contracts that expire is ready to withdraw the same day.
Idle Cash
Any cash you don’t withdraw stays in your main account. If your securities account is a cash account and joined Webull’s cash management program, your idle cash will earn interest. The current rate is 0.5% to 3.35%, depending on your plan and balance.
Pricing
Event contracts do have a fee at Webull. Each contract has a commission of 1¢ per side and an exchange fee of 1¢. So, each trade costs 2¢ per side. There is no account minimum to trade event contracts.
Updated on 10/6/2025.
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.
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