Webull | The Deluxe Version of Robinhood, New Users Receive Six U.S. Stocks, Up to $1850!
Webull Securities - U.S. and Hong Kong Stock Brokerage
Open an Account, Deposit Funds, and Receive a Total of 6 U.S. Stocks
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Founded by former Xiaomi executive Wang Anquan, Webull is a very popular U.S. stock investment platform among young investors. Webull offers 0 commission, 0 platform fees, 0 options contract fees, and 0 fees for U.S. stock IPOs (mainly local U.S. stocks), supporting U.S. stocks, ETFs, options trading, and cryptocurrency trading in most states (not supported in New York).
Summary of Webull Advantages and Disadvantages
Advantages:
Excellent user experience on both web and mobile versions
Suitable for beginners and veterans, easy to use with rich and readable stock data
Supports purchasing cryptocurrencies like Bitcoin
Supports opening IRA accounts for stock purchases
Supports longer pre-market and after-hours trading (4am
8pm vs. 9am6pm)Supports users with US Person and Non Resident Alien status
Good support for tax software (Turbotax)
Can buy stocks of companies listed outside the U.S., such as Tencent and Nintendo
Supports IPO subscriptions
Can lend idle stocks to others to earn interest
Supports both Chinese and English
Simulated stock trading helps beginners learn stock trading at zero cost
Disadvantages:
Does not support fractional shares
Idle money does not earn interest
Webull Account Opening Links
Webull is the version for U.S. users, supporting Resident Alien (H1B and other statuses or those in the U.S. for over 5 years) or U.S. Person (green card holders, citizens)
Webull is the version for non-U.S. users, supporting Non Resident Alien or users not in the U.S. (requires registration with a mainland China ID)
Whether it's the Webull or the Webull version, the current new user rewards are very generous, higher than those of peer brokers.
Webull Account Opening Tutorial (RA Version)
Webull now offers two U.S. stocks just for opening an account, valued at $2.5~$250; within 30 days of opening the account, deposit any amount to receive four more U.S. stocks, with a maximum value of $3000 (much more generous than Robinhood!).
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Webull Promotion Interface
Notes:
- The gifted stocks will not automatically appear in your account; you need to claim them within 30 days from the APP under Menu->My Free Stock.
Click to Get Webull New User Six Stock Reward
Webull Account Opening Tutorial (NRA Version)
If you are a Non-resident Alien in the U.S. (such as an F1 student in the U.S. for less than five years), or if you are in China or another country outside the U.S., you need to open the Webull version for such users.
Open an account with a mainland China ID to receive 5 U.S. stocks for free, each valued at $9 – $1900 (requires a first deposit of $1000+). If you are wealthy, depositing over $30K can get you an additional 4 shares of Apple; over $100K an additional 4 shares of Zoom; over $500K an additional 4 shares of Tesla 🤑 (The editor exclaims, both Webull and you are so generous!)
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Webull April 2021 Promotion
In addition to new user deposit rewards, Webull also cleverly offers the following benefits:
Deposit Subsidy: Wire transfer deposit users are reimbursed $45 deposit fees, directly issued to the account in the form of free stock exchange opportunities after the deposit is credited;
Transfer Subsidy: If you want to transfer from another broker to Webull, the first transfer of $1000+ will have the transfer fee reimbursed, up to $100;
Click to Get Webull New User Reward (NRA)
Webull App Usage Tutorial
FAQ
Is Webull safe?
As a dual-licensed internet zero-commission broker, Webull holds a license from the U.S. Securities and Exchange Commission (SEC) (CRD#6221327), is a member of the Financial Industry Regulatory Authority (FINRA), and the Securities Investor Protection Corporation (SIPC), directly regulated by Finra, providing up to $500,000 in fund protection for each customer. Meanwhile, Webull Securities Limited ("Webull") is a licensed corporation under the Hong Kong Securities and Futures Commission ("SFC") to conduct Type 1 regulated activities ("dealing in securities"), with Central Number: BNG700; it is also a participant of the Hong Kong Stock Exchange and a direct clearing participant of the Central Clearing and Settlement System, with Exchange Participant Number: 2175; Central Clearing Participant Number: B02175. The Hong Kong Investor Compensation Fund provides up to HKD 500,000 in investment protection for investors who suffer losses due to intermediary default.