Webull Promotion
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Webull Promotion
Key details:
• Webull offers up to $7,500 in cash and 20 fractional shares for opening and funding a new brokerage account.
• A deposit is required to get Webull’s bonuses.
• Only individual taxable brokerage accounts qualify for this promotion.
If you have an existing Webull account or have been thinking about opening one, it may be the right time to fund it. If you do and follow the guidelines below, you'll earn some valuable extras.
Available Webull Bonuses
Open a new brokerage account at Webull (or use an existing one) and fund it with a minimum amount, and the account will receive fractional shares and/or a cash reward. Here are the award schedules:
| Total deposits | Bonus |
|---|
| $500 | 20 free fractional shares |
| Total deposits | Cash Bonus Amount |
|---|
| $5,000 | $100 |
| $25,000 | $500 |
| $50,000 | $750 |
| $250,000 | $3,125 |
| $500,000 | $5,000 |
| $1 million | $7,500 |
You can receive both cash and fractional shares in this offer. For example, if you deposit $5,000 into the Webull account, you'll get $100 and 20 fractional shares—if you follow the rules below.
Fine Print
The first key rule for either special is the account registration; it must be a taxable individual securities brokerage account. Robo accounts, futures accounts, joint accounts, and IRAs are not eligible for this deal.
For the first promotion (the offer of 20 free fractional shares), the account can be new or used as long as it has never had any deposit. If the account has had a deposit of any amount, it can’t be used for this special. For the second promotion (the free cash offer), the account must be new without any previous funding.
In any case, for any account to be eligible for either special, it must click on
this promo link and then click on the button to get started. If you don’t follow this important step, the account won't get anything from Webull.
Once you've finished enrollment, a deposit or transfer of securities must be made. Either an ACH or ACAT transfer can be used. Webull also accepts deposits of cash via wire transfer.
Once the required funding has arrived, it must remain in the account (excluding any trading losses) for at least 30 days for the first promotion (and 12 months for the second). Withdrawing funds before these milestones could affect an account’s eligibility.
Once the requirements have been met, Webull will grant the account the reward. For both specials, the reward must be claimed; if it’s not claimed, no bonus will ever be received. Clearly, it’s pretty important to claim the reward.
To claim either reward after the funding has been made, log into the mobile app and tap on the Menu icon in the bottom-right corner. On the Menu page, tap on Promotion Center. On this hub, tap on the My Rewards button that appears at the top. On the rewards page, you’ll see a list of all eligible promotions that account has received; these will show up under the tab To Be Claimed. Simply tap on the ones you want to claim. Remember that the bonuses expire 30 days after they’re offered, so don’t delay here.
Receiving the Webull Awards
Within 15 days of claiming the award, Webull will grant the account the 20 free fractional shares. Their whole-share prices could range anywhere from $3 to $3,000. In most instances (98% of the time), the whole-share price will be below $5. Nevertheless, you will get 20 stocks, which is pretty sweet. Because these will be fractional shares, they cannot be transferred to another brokerage firm.
Customers who get above $5,000 in funding have a slightly different payout system for their cash bonuses. Webull will deposit 12 equal monthly installments of cash. The first payment will be received within 45 days of the end of the Offer Period, which currently is set to expire on February 28, 2025.
Each payment must remain in the Webull account for at least 90 days.
Eligible Transfer Methods
Webull will accept a deposit of money and/or securities via ACH, wire, or ACATS. Funds must come from outside Webull. For example, it is not possible to transfer assets from another Webull account into the promo account.
Taxation
Bonuses of either cash or stocks may be reported on Form 1099 during tax season, so be aware of that.
Webull Bonus Offer
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Updated on 3/1/2025.
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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