WeBull promotion offers, bonuses, incentives for opening new brokerage or retirement account. Promo codes for FREE stock valued $3 - $1,000.

WeBull Promotion

Get FREE stock between $3 and $1,000 when you open account at WeBull.

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WeBull Review

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Webull Overview with Promotion

Webull is a low-cost broker that falls into the same category as Robinhood with both brokers offering free commissions. They are currently trying to attract new investors to their platform with a new account promotion that is also shockingly similar to Robinhood’s. This article will go over Webull’s promotion and also provide a brief overview of the broker’s features.

Webull New Account Promotion

Now is a great time to take Webull for a test drive and also take advantage of their promotion. For anyone who opens a new account before June 30th 2019, Webull will give you one free share of a random stock valued between $3 and $300. In addition to this, if you also fund your new Webull account with at least $100 within 30 days you will get a second free share of a random stock valued somewhere between $4 and $1,000. The free shares will be credited to your account seven days after you claim them (and they must be claimed within 30 days).

The free shares of stock will be from a NYSE or NASDAQ-listed public company with a market cap of at least $2.5 billion. Webull chooses your free share(s) randomly from its inventory via its algorithm, and as you may have guessed, your chances of receiving a higher-priced share are pretty low. You are most likely to receive a free share worth between $3 and $5, and your chances of getting one worth $50 or more is a fraction of a percent.

Another perk of this promotion is once you’ve opened your account you can still earn more free shares through referrals. For every new Webull account opened via your referral link, you (in addition to your referral) will get another free share of stock. And you will get another free share if your referral also funds their account with at least $100 within 30 days. Webull does however indicate there is a cap of 10 free shares per account.

Webull Free Trades

All trades through Webull are commission-free. The broker doesn’t charge any account maintenance fees or require a minimum balance either, which makes their basic account completely free to use.

What Can I Trade?

On the flip side of commission-free trading is all too often limited investment options, and that is the case with Webull. Right now they only allow you to trade U.S. stocks and ETFs, and nothing else. No options, futures, OTC stocks, mutual funds, or futures. It’s possible they will expand their offerings in the future, as we think it will be difficult for them to gain market share with such limited investment choices.


WeBull Promotions


Trading Platform and Stock Information

Webull’s trading platform is fairly basic as you might expect from a low-cost broker. You can only place trades via their mobile app. They do have a website but this is mostly used for opening an account and viewing their help/FAQ section if you have questions. All other activity, including trading and researching different stocks takes place through the app. The app has basic stock details, like news, financials, charts, and ratings.

Paper Trading

A neat tool that gives Webull a step up from competitors is their virtual trading tool, from which you can place practice trades with fake money. We feel this is a great tool, especially for those new to trading, that we wished more brokers offered.

Customer Service

Webull’s customer service leaves a lot to be desired, but realistically we expected this since their platform is entirely free. Their website has a help section with answers to the most common questions, but for anything not found there you’ll have to use their messaging feature in the app. We did not see a phone number listed anywhere.

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WeBull Promotion reviewed by TopRatedFirms.com. Rating: 4.5