WeBull Promotion
Open WeBull Account
WeBull $30,600 Promotion Details
Brokerage companies are always trying to compete against each other by offering enticing promotions to
new and existing customers. Webull has been one of the brokerage companies consistently offering
new promotions to customers. Currently, Webull’s promotion for new customers is its
“12 Free Stocks" bonus.
The promotion allows new Webull customers to get rewarded with free fractional shares in
up to
12 stocks by opening and funding a new account. The promotion is for a limited time. The promotion is broken into two separate parts.
The first part is just for opening a new Webull account, you automatically get free fractional shares in 2 stocks. The 2 stocks that you receive free fractional shares in for the account opening part of the promotion will each be valued between $3 to $300 per share. The free fractional shares that Webull rewards you with are randomly chosen from Webull’s inventory.
The second part of the promotion is for depositing ANY amount into your new Webull account, you will receive additional free fractional shares in a minimum of 4 stocks and possibly up to 10 stocks. Webull distributes the deposit reward in batches of either 4, 8, or 10 stocks. Each stock within the batch will be valued between $7 - $3,000 per share.
Your chances of receiving a batch of either 4, 8, or 10 stocks are random, and the promotion doesn’t say anything about how small or large your deposit amount is affecting your chances of getting the batch of 10 stocks.
Who Qualifies for the Webull Promotion?
Existing customers don’t qualify for the promotion. Only new Webull customers qualify for the
promotion. To qualify for the free fractional shares in 2 stocks for opening a new Webull account,
you must open a new Webull account within the promotion period. To qualify for free fractional shares
in up to 10 additional stocks, you must make a deposit of any amount into your new Webull account
within the promotion period.
How to Get the Webull "12 Free Stocks” Promotion
To get your free fractional shares in 2 stocks for the account opening part of the promotion, all you need to do is open your new Webull account. Your free fractional shares in 2 stocks will automatically be awarded to you upon your account being successfully approved and opened. However, you do need to claim the free fractional shares you receive in your 2 stock rewards on the Webull app within 30 days.
To claim the free fractional shares in your 2 stocks, go to the menu on the Webull app. Then, select “My Rewards” under the Shortcuts section. Once the free fractional shares in your 2 stocks are ready to be claimed, they will be showing under the “To be claimed” tab.
To get the free fractional shares in your 4, 8, or 10 additional stocks for the deposit part of the promotion, you need to sign up for the deposit promotion on the Webull app. On the menu screen on the Webull app, you will see the Promotion Center. Select the deposit promotion within the Promotion Center. On the deposit promotion screen, make sure you click the button to sign up.
Once signed up for the deposit part of the promotion, go ahead and make your deposit of any amount into your new Webull account. About 5 business days after you make your deposit, you will see your free fractional shares under the “To be claimed” tab on the “My Rewards” page on the Webull app. Again, be sure to claim your free fractional share rewards within 30 days.
Important Details About the Webull Promotion
All stock rewards are fractional shares that can be traded commission-free on Webull. According to the terms and conditions of the promotion, for each stock, your chances of receiving free fractional shares in a stock valued between $3 - $10 per share are about 98.04%, and 0.01% for a stock valued between $151 - $300 per share for the account opening reward. For each stock awarded to you for the deposit part of the promotion, your chances of receiving free fractional shares in a stock valued between $7 - $30 per share are about 98.04%, and 0.01% for a stock valued between $1,000 - $3,000 per share.
There are no rules in the promotion about having to hold the fractional shares in the stocks awarded to you for any length of time. You are able to hold onto your awarded fractional shares or you can immediately sell them and withdraw the cash from your Webull account without any repercussions.
WeBull Bonus Offer
Open WeBull Account
Updated on 2/3/2023.
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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