WeBull friend referral program: 12 FREE stocks valued $8 - $1,850! Bonus offer to recommend opening an account.

12 Free Stocks for Opening and Funding a Webull Account

Instead of buying stock, why not get them for free? Webull is giving them away to new customers who open and fund individual cash and margin accounts (IRA’s aren’t eligible for this promotion). Just follow these simple instructions:

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Step One: Open a Webull Account

Obviously, the first thing you need to do is. Because you’re trying to earn Webull’s advertised bonus, you should open your account on the broker’s promo page for this special offer.

Be sure to click on the button that says ‘Get my free stocks.’ To pass through the front page, you simply need to provide a phone number or e-mail address; but to get the bonus, you have to fully open the account, which means you have to provide complete particulars.

You should not delay opening an account because this promotion expires soon.

Step Two: Perform a Deposit or Transfer

With your account up and running, it’s time to get your second stock. The only requirement is a small transfer or deposit (just a hundred bucks). Because you’re trying to earn a cash prize here, you’ll want to open the broker’s mobile app and go to the ‘Promotion Center.’

To find this section, you’ll need to log into the main menu, which is found conveniently enough under the ‘Menu’ icon (found in the lower-right corner of the bottom row of icons). Within the Promotion Center, scroll horizontally through the small tiles until you see the one labeled ‘Deposit Bonus.’

You will need to link a bank account if you haven’t already in order to perform the necessary deposit. To do this, tap on the bull’s horns in the same bottom row and then tap on the ‘More’ icon and then find ‘Bank Account.’ Here, you’ll be able to link an external checking or savings account.

Webull will also accept a transfer of securities. To use this method, tap on the same Deposit Bonus tile and scroll down to the very bottom. You’ll see a ‘Transfer Now’ button next to the ‘Deposit Now’ button.

Choosing the transfer button will generate Webull’s electronic ACAT form. This one is a little different than the ACH deposit form. You’ll need to supply information on your old brokerage account, including firm and account number. You can do just a partial transfer; as long as the position is worth at least $100, you’ll qualify for the second stock. In either case, Webull may reimburse an ACAT transfer fee charged by the outgoing broker.

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Getting the Free Stocks

Speaking of the stocks, you will need to actually request them once you have performed the necessary tasks. You have 30 days to do this (go into the main menu on the mobile app and tap on the claim button), and once this step is completed, Webull will credit the free stock to the account within 3 weeks.

Webull’s free stocks are generally large companies priced between $2.50 and $1,600.

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