How to Sign up for a Webull Account
Creating a Webull account is a relatively easy process. Follow the steps below to complete the application.
Webull Account Opening Requirements
Webull accepts applications from citizens of Brazil, USA, India, Turkey, the Philippines, New Zealand,
Canada, Malaysia, Japan, South Korea, and China. Other nationalities are not on the broker’s list at the moment.
To qualify, applicants need a U.S. residential address and a valid tax ID number. This may be a Social Security Number (SSN) or an Individual Taxpayer Identification Number (ITIN).
Webull may request additional details to verify identity, residency, or immigration status. Examples include a phone number, valid visa, U.S. driver’s license, permanent resident card, passport, or another approved identification document.
Open Webull Account
Visit Webull Website
Webull Account Opening Approval
Webull generally reviews and approves account applications within 24 hours. Approval may take longer if Webull asks for more information, if submitted documents are hard to read, or if the application needs a more detailed review.
Opening a Webull Account
Setting up a Webull investing account is not complicated. You can apply for either a self-directed account or a
robo account. To get started, use the promotion link -
3.5% match on contributions and $20 stock bonus with $500 deposit at Webull.
You will see orange and blue buttons for opening an account. Select any of them.
The following page starts the application. Webull asks for a mobile phone number or an email address. After entering it, Webull sends a verification code that must be typed into the page. Once verification is complete, you will create a password. From there, you can log in to Webull’s website and look around the platform before finishing the brokerage account application.
Opening the actual investing account requires a few more steps. Once logged in, locate the blue button used to open an account. Follow the instructions and enter the information Webull requests. Webull states that applying for a brokerage account will not affect your credit history or credit score.
As mentioned earlier, you may have to upload a driver’s license or another accepted document to confirm your U.S. residency or identity. Completing this step through the mobile app may be the simplest option, using the same phone number or email address and password created for the login.
Webull will also collect information such as an email address, mailing address, physical home address, employment details, date of birth, and preferred account type. A PO Box may be used only for mailing purposes, not as the physical address tied to the account.
A robo account requires additional information. The questionnaire takes about 10 minutes to complete. Webull uses the answers to help its computer algorithm build a suitable portfolio.
Applicants classified as non-U.S. persons for tax purposes may need to complete and submit Form W-8BEN.
Available Account Types
Webull supports individual taxable accounts, Roth IRAs, Traditional IRAs, Rollover IRAs, joint accounts, custodial accounts, entity accounts, futures accounts, crypto accounts, event accounts, and advisor accounts. Entity account options include LLCs, C-Corps, and S-Corps. Entity accounts must be funded with at least $100,000 when opened. Other tax formats do not have minimum deposit requirements. A robo account opened under any eligible tax format requires a $100 minimum investment. Entity accounts also require a separate login.
An individual taxable self-directed brokerage account can be opened as either a cash account or a margin account. A margin account permits borrowing against eligible securities, which can increase buying power but also increases risk. Activating margin requires extra online paperwork. Each customer may have one individual cash account and one individual margin account.
For retirement accounts, Webull provides Traditional, Roth, and Rollover IRAs. Customers can have one of each IRA type.
Webull currently provides joint and custodial accounts, although some other account structures may not be offered.
Open Webull Account
Visit Webull Website
Making the Initial Deposit
After the account is approved, the next step is adding funds so trading can begin. Funding is available by ACH or wire transfer. On the website, select the account icon in the upper-right corner and choose Deposit from the left-side menu. At this point, you will need to set up a 6-digit PIN.
Once the PIN is created, an ACH deposit can be entered directly on the website. Wire deposits must be initiated through the sending bank, and Webull lists detailed wire instructions on its Deposit page.
Third-party wires are usually not accepted, and individual accounts must be funded from personal bank accounts held in the account owner’s name.
Funding can also be completed by transferring securities from another brokerage firm. In the left-side menu described above, find the option for transferring in stocks.
Available Assets
Once a self-directed account is open and funded, eligible customers can trade stocks, options, ETFs, bonds, futures, money market funds, select OTC securities, event contracts, and cryptocurrencies where available. Robo accounts primarily invest through ETF-based portfolios. Entity accounts can trade options if approved.
Updated on 4/27/2026.
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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