Webull

WeBull Promotion Offers 2020


Current WeBull promotion code: 4 FREE stocks up to $1,600. December 2020 best WeBull bonus offer for opening new account or for existing customers depositing cash into regular brokerage account, ROTH IRA, or 401K rollover IRA.



WeBull Promotion Code For Stocks



Open WeBull Account


WeBull Promotion Code Details


Available nationwide, Webull promotion offer allows you to earn free stocks valued $8 to $1,600 for depositing $100+.


WeBull promotion code





WeBull 2 Free Stocks Offer


This offer has expired.


WeBull $1500 Amazon Gift Card


This offer has expired.


WeBull Promo Details


This Webull offer valid for one new Individual account, or IRA account and funded within 45 days of registering. To receive $30 gift card, account must be funded with $2,000-$10,000. To receive $50 gift card, account must be funded with $10,000-$24,999. To receive $250 gift card, account must be funded with $25,000-99,999. To receive $350 gift card, account must be funded with $100,000-$249,999. To receive $750 gift card, account must be funded with $250,000-$499,999. To receive $1,500 gift card, account must be funded with $500,000 or more. Limit one offer per client. The total amount of Amazon Gift Card will be distributed over 5 months. In order to receive a full reward you cannot initiate a transfer or pull funds for 6 months.




WeBull Retirement Accounts


At WeBull customers have an availability to open a wide range IRA accounts (i.e. Roth, SIMPLE, SEP, and Rollover retirement accounts). Managing the IRA follows the same commission schedule as with standard stock trading and users can close down their IRA free of charge. Mutual funds are also available on WeBull from Allianz, BlackRock, Fidelity, and more.


Cash Management


WeBull offers an optional investment checking account for no charge. Here, users can invest directly from the same account they make debit or check purchases from. This account requires a minimum deposit of $25k and will charge the users 3% for all OUS transactions.


Margin Account Fees


WeBull offers margin accounts for those interested in adding some extra buying power to their portfolio. Margin accounts are just like standard accounts in terms of trading fees - $0 commissions still apply. Margin accounts only differ in that they have a $2,000 minimum account balance requirement, which is industry-mandated. The account holder will also have to pay the margin interest (currently between 3.99% and 6.99%, depending on the margin balance) on any investments purchased on margin.


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WeBull Disadvantages


WeBull offers no customer support during on weekends or after hours which makes it difficult to address issues during these times. Managed accounts and investment advice is absent on WeBull altogether.

It’s great that stock, option, and ETF trades are free at WeBull, but it’s unfortunate that those are actually the only instruments you can trade in your account. Mutual funds, bonds, and futures – none of these security types are supported on WeBull’s platform right now.

While ETFs and stocks arguably form the backbone of most investment portfolios, mutual funds and fixed income securities allow you to add a certain level of diversification to your portfolio, and are especially important tools for income-generating strategies.


Summary


There are a lot of new brokers popping up trying to claim their share of the growing market for cost-sensitive investors, who so far seem to have designated Robinhood as the preferred low-cost brokerage. WeBull is like Robinhood’s less well-known, younger sibling; aspiring to be just as successful and aggressively going after it. It now adds new features and services much faster than the better known rival and investors started to notice it.


WeBull Stocks Promotion Code Disclaimer


WeBull stocks incentive offer details for opening new brokerage or IRA account can change without notice.