what is weeble stock

Is Webull good for beginners?

Is Webull safe and legit?

What are Webull stocks?

Is Webull a good stock site?

Is Webull worth using?

Is Webull better than Robinhood?

How much does Webull charge to withdraw?

What does Webull cost?

How do you make money on Webull?

Does Webull have a monthly fee?

Does Webull report to IRS?

Is Webull owned by China?

First Free Stock - Open Your Brokerage Account

To receive the first free stock, all you need to do is open a Webull account here.

NEW! Transfer Fee Reimbursement

Users will be reimbursed for a transfer fee of up to $100.00 if they are transferring over $2,000.00 from another brokerage over to Webull. Please note that this is a one-time offer and will only apply to the first account transfer.

Additional Promotional Details

If you want more information, here is what Webull said on their website about the free stock promotion:

What Are The Odds?

As mentioned earlier, the free stock promotion is based on a lottery system. Here are the official odds for this:

Webull Referral Program (More Free Stocks)

If you want to earn more free stocks, Webull has a promotion going on for that too!

Why Offer Free Stocks?

You might be wondering what Webull gains from this. Webull is looking to acquire more users and gain market share in the brokerage industry. They are trying to compete with some big players like Robinhood.

When Do You Get The Stocks?

After you open your account and it is approved, you have 30 days to claim your free stock.

The Complete Guide to Webull Stock Trading

In this trading guide, you'll learn how to safely trade using Webull. Webull is a free stock trading mobile App that offers zero-commission trading on different asset classes including stocks, options, ETFs, and ADRs. This article will cover the most important questions related to Webull.

Webull Account Types

At Webull, you can open an individual stock trading account and have the option to choose to open either a cash account or a margin account.

Is Webull Safe?

Investing in the Webull app is safe because it’s regulated by tier-one regulatory agencies. Additionally, all your funds with Webull are protected because they provide SIPC insurance that buys you protection against bankruptcy.

How Does Webull Make Money?

We’ve learned that Webull doesn’t charge any commissions or fees to their customers, so how exactly is Webull making money?

How do you Buy Stock on Webull?

Webull can help you start trading stocks right from the palm of your hand.

How do Trade After Hours on Webull?

Webull offers pre-market and post-market trading so that you can continue to trade stocks even after the market closes as well as before the stock market opens.

How to Claim Free Stock on Webull?

Webull stock trading app offers free stocks not just when you open a Webull brokerage account. We’re going to list the couple of different ways you can claim free stocks on Webull.

Our Take

NerdWallet's ratings are determined by our editorial team. The scoring formula for online brokers and robo-advisors takes into account over 15 factors, including account fees and minimums, investment choices, customer support and mobile app capabilities.

Where Webull shines

Low cost: Webull ranks among the best in terms of costs, with not only free stock trades, but $0-commission options trades and no per-contract fee, either.

Where Webull falls short

No mutual funds: If you’re looking for the easy diversification of mutual funds, you won't find them at Webull.

Is Webull right for you?

If you’re a true beginner, or if you’ve yet to build a well-diversified, long-term portfolio, there may be other brokers better suited for you.

How do we review brokers?

NerdWallet’s comprehensive review process evaluates and ranks the largest U.S. brokers by assets under management, along with emerging industry players, using a multifaceted and iterative approach.

About the author

Chris Davis is a NerdWallet investing writer. He has more than 10 years of agency, freelance, and in-house experience writing for financial institutions and coaching financial writers. Read more

Summary

Recommended for investors and traders looking for zero-commission trading and easy platforms

Does Webull give free stocks?

You get 2 free stocks when you sign up and use a referral link and then another 2 free stocks when you deposit at least $100. The total value can be $3,700.

Robinhood vs Webull: The Basics

The platform known as Robinhood was one of the first apps to allow retail investors to trade stocks and ETFs with no account minimums, commissions, or monthly fees. This move opened the flood gates and invited several other financial institutions to follow suit.

Webull & Robinhood Sign Up Incentives

Most importantly, what kind of freebie does each brokerage offer? Webull has the most generous sign-up bonus. When you open a Webull account, you will get a free stock worth anywhere from $3 to $300.

Why Choose Webull?

Better Data: The Webull platform caters to more advanced traders who need access to sophisticated data and information.

Why Choose Robinhood?

Beginner investor: Simple layout that does not overwhelm the user with too much information.

What Is Webull?

Webull is a commission-free stock and ETF trading platform. Experts designed Webull for the active trader who is looking for a more dynamic user interface than most free platforms are offering.

Webull Features

Robinhood did a great job gaining market share for beginner investors, however, they did not meet the needs of intermediate active traders. That is why Webull was able to step in and gain market share so quickly. One of the newest features is fee-free retirement accounts offered on the platform!

Webull Minimum & Fees

Webull is a 100% free trading platform. You will pay no commissions for trading stocks, ETFs, and options.

What is Webull?

Webull and the Webull app cater to intermediate and experienced self-directed investors and traders. Its commission-free structure is for short-term and active traders who would save a considerable amount on commissions compared to other online brokers.

Webull User Benefits

The Webull trading platform is available as a mobile web-based and desktop app with features useful for experienced and intermediate traders. More importantly, the Webull desktop and mobile app mirror one another. The tools incorporated in the platform provide information and insights to help you make more profitable trades.

Webull Offerings

Webull’s research gets our highest rating for ease of use, filtering capabilities and overall informational value. Research is found on 4 different pages on the mobile app, with markets, news, an individual stock page and a screeners page.

Webull Security

Webull’s parent company Webull Financial LLC is a member of the Securities Investor Protection Corp. (SIPC). Webull protects the securities of its members up to $500,000, which includes $250,000 for cash claims.

Webull Ease of Use

From the ease of downloading the Webull app to the simplicity of making your 1st live trade, Webull appeals to traders at all experience levels. The Webull trading platform has an intuitive, easy-to-use interface on both the mobile app and desktop version that can be learned by trading in the demo account.

Webull Overall

If you’re a U.S. citizen and only trade U.S. stocks and ETFs, Webull could be an excellent choice for you. You can access the stock and many other markets in the Webull app or on the website.

Methodology

For brokerage reviews, Benzinga created a weighted scale based on the following criteria: usability, services offered, customer service, education, research, mobile app, account minimums and fees. We aim to provide the most up-to-date, impactful and trustworthy reviews. For an in-depth look at our process, read the full methodology process.