Webull is running a great sign-up bonus for new customers who open and fund a brokerage account.
Although this is a travel-hacking website, I enjoy sharing easy-money deals like this!
What is Webull?
Webull is an online brokerage platform where users can make investments such as buying and selling of shares with zero commission.
Webull Securities (Singapore) Pte. Ltd. (Reg No. 202116981M) is licensed and regulated by the Monetary Authority of Singapore.
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Get up to US$500 worth of free shares
Is there a catch? What are the steps to take to receive the free shares? When can I withdraw my money?
Allow me to break it down for you…
How to get the free shares?
To qualify for the offer, you have to meet the following conditions:
- Be a new customer of Webull
- Sign up through any link on this page by 31 May 2023
- Fund your account with any amount ($1 works too!) to get 3 free fractional shares (worth US$30 to US$300)
- Optional: Keep the money in your account for at least 30 days to receive 2 additional fractional shares (worth US$20 to US$200)
- Get 1 lucky draw ticket to win US$888 worth of Tesla shares and a Tesla Model 3
- No trading required!
How to sign up?
To sign up, follow these easy steps (screenshots below):
- Click on this link (it is recommended to do it on your mobile phone, as you will need to download the Webull app)
- Tap on Get Free Shares Now
- Fill in your mobile number to receive a one-time pin
- Tap on Download the Webull App
- In the Webull app, log in and tap on Open Account
- Use Singpass for a quicker sign-up process
- Fill up the estimated Investment Information and preferred Trading Products
- Read through and accept Webull’s Agreement and Risk Disclosures
In my experience, my account opening was approved within 10 minutes!
How to fund my account?
You can fund your account via FAST (recommended), electronic DDA, or telegraphic transfers
If you are using electronic DDA, remember to set a payment limit.
When can I withdraw my money?
You are allowed to withdraw all your money any time you want.
However, if you want to receive 2 additional fractional shares (as described above), you will need to keep the money in the account for at least 30 days.
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What free shares will I receive?
Qualified users will receive up to 5 free chances at the campaign’s instant-win draw to receive at least US$50, and a maximum of US$500 worth of fractional shares.
Here’s a breakdown of fractional shares to be won:
| Reward per chance (fractional shares) | Value |
|---|---|
| Tesla Inc. (TSLA) | US$10 |
| Apple Inc. (AAPL) | US$20 |
| Amazon.com, Inc. (AMZN) | US$40 |
| Alphabet Inc. (GOOG) | US$100 |
When will I receive the gifted shares?
Qualified users will receive the fractional shares within 7 business days after utilizing the free chances for the instant-win draw.
In my experience, upon using FAST to fund my account, I received the rewards within minutes!
Can I sell the gifted shares?
Yes! You may choose to hold or cash out and sell the shares any time you want.
Where can I read the terms and conditions of this offer?
Click here to read the full terms and conditions.
Key benefits of Webull
- Zero commission and platform fee for US and HK stocks, ETFs and options trading
- Trade fractional shares from as low as US$5
- Stock screener
- 1-month Level 2 US Market Data (Nasdaq TotalView) subscription
- 1-year Cboe Global Indices Feed (CGIF) subscription
- Technical chart tools
Other Money-Making opportunities
Why stop here? Head over to our sign-up bonus page to view other money-making opportunities; including a similar deal with another broker!
Bottom line
This is a great offer to earn at least US$50 worth of free shares, after funding any amount into your Webull account. Plus, not having to place any trades makes this a pretty easy and fuss-free deal.