If you are wondering whether or not Webull really gives away free stock through the various Webull promotions available then you have come to the right place.
The short answer is, yes Webull gives away free stocks. In fact, in my first month using Webull I have already received nearly 100 free stocks and I’m pacing to earn over 1,000 free stocks in my first year using Webull.
Last month I gave my Webull review and explained why Webull is safe and legit.
The bottom line is, I’ve been investing in the stock markets for over 12 years and I’m on a mission to encourage as many people as I can to invest and build wealth. Webull is perhaps the best way for people to get started learning how to trade stocks for free and begin building wealth. Right now there is a financial incentive to open a free account with Webull.
Webull is a relatively new trading app that is giving traders up to $3,700 in free stock to get them started. While this stock does not have to be held in a Webull account, the company’s goal is to get users to start trading on the platform by offering them an incentive. How does this work? What’s the catch? And should you take advantage of it? All of these questions are answered below.
In this post, we take a look at everything you need to know about the Webull free stock promotion. If you want to know how to participate in this promotion, when the stocks will be available to be claimed by Webull users and what stocks are available in the promotion, you’ll find the answers here.
You can get 2 free shares of stock when you sign up and then another two when you deposit at least $100. The total value of your investment with Webull stock can get as high as $3,700 if you are very lucky!
Webull has both a referral program and a stock trading feature. So, after you sign up and get 2 free stocks, you can deposit $100 to begin trading stocks and when you do this you will get 2 more free stocks for a total of 4 free stocks. You will also be able to refer other friends and family to use Webull and each time you refer someone you will get to draw prizes that include free stocks like Facebook, General Electric, and Google.
Table of Contents
What Is Webull?
Webull is a newer digital stock brokerage. The Webull website and trading app offer a minimal design that is easy to navigate while still offering a solid array of features that may be attractive to beginning investors.
For example, the website provides its users with free stock trading, which is helpful for those that want to experiment with trading but don’t want to shell out the money for a monthly subscription or other brokerage fees and commissions. It also has a great web app with a clean design that can be accessed across all devices, and it provides users with a detailed news feed for all the latest financial information.
Webull offers both an iOS and Android mobile trading app and a web-based trading app that allow you to trade stocks, options, ETFs, cryptocurrencies and futures with no commission fees. In fact, the Webull app has no trading fees at all – ever. In addition, there are no account minimums, so you can get started with as little as $1, although when you deposit a minimum of $100 you get 2 additional free stocks.
Webull also doesn’t charge additional fees for deposits and withdrawals.
How to Get Webull Free Stocks
To get started, sign in with the app and complete the registration process within the app. It will take about 5 minutes.
Once you create a user name and password, you will be prompted to complete the account registration process to open a brokerage account. This involves verifying your identity for tax purposes.
Then you will be asked to sign up for an account and deposit at least $100 to fund your account balance. This is how you’ll get your 4 free stocks.
What is the Webull Referral Program?
Webull also offers a generous referral program. If you refer someone then you will get to “draw prizes” by spinning a digital wheel of prize options that include free stocks like Facebook, General Electric, and Google. You can also win free subscriptions to trading data from the NASDAQ TotalView.
In addition to getting to spin the wheel for a chance to win free stocks, each time one of your referrals makes an initial deposit of a minimum of $100 you will get 2 free stocks. You will be able to track all of your invites within your Webull account.
When a referral first opens their account and it is approved you will be able to spin the wheel for a free stock. Then in 5 business days once their deposit settles you will be able to claim your 2 free stocks.
The referral program is tracked in your account, as you can see I have a number of referrals in just the past couple of days and I’ll get 2-3 free stocks for each of these by the time their deposits are completed.
Should I sign up for Webull to get the Webull Promotion?
In short, yes.
Even if you already have a brokerage account for trading stocks and you don’t want to transfer your stock portfolio over to Webull, you should still sign up for Webull to get 4 free stocks in 5 minutes. Additionally, if you refer friends, family, colleagues and other folks to use Webull you can get up to 3 free stocks per referral. Signing up for Webull only takes about 5 minutes from start to finish with opening your brokerage account and funding it. So, why wouldn’t you spend 5 minutes in order to get 4 free stocks?
I traded with E*Trade for over 10 years before I signed up for Webull and I actually ended up preferring Webull so much that I’m consolidating my entire portfolio across multiple brokers accounts to my Webull account.
I think Webull has a great trading app that is easy to use and offers an awesome experience on the web-based app and the mobile app.
Even if you don’t plan to start investing right away, you should take advantage of the free stock promotion with Webull right now. You can claim your stocks which can start to grow. You can also start watching and learning about the market with their free app and trading tools.
You will even get a free subscription to Nasdaq Total View Level 2 trading data so that you can start learning the market and watching stocks you are interested in. Then when the time is right you can begin investing and buying stocks.
What Free Shares of Stock Does Webull Give You?
You might be thinking that Webull gives free stocks to tiny unheard-of companies that aren’t valuable. But that isn’t the case at all.
You’ll have a chance to win a share of the largest companies in the world.
You’ll get shares from companies with a minimum market capitalization of $2.5 billion — not from a tiny company you’ve never heard of.
There’s a 1 in 100 chance you’ll get a share of Facebook, Google, Starbucks, Proctor & Gamble, or Snap.
Other large companies that you are very likely to win free shares of include Ford Motors, ADT Security, General Electric, and many more.
My Experience Getting Webull Free Stocks
I’ve already received nearly 100 free stocks with Webull in my first month and I am pacing to get over 1,000 free stocks with Webull in my first year.
If you want to start getting free stocks from Webull like me then you just need to open an account, deposit at least $100 and then you can start referring people you know to use Webull.
You will get free stocks the minute you sign up, more free stocks when you deposit the $100, and then each referral you make will earn you an additional 2-3 free stocks from awesome companies like Google, Facebook, General Electric and more.
I refer new users to Webull daily and so I have a pipeline of free stocks that I get to continue claiming. Some days I claim 2-3 free stocks while other days I claim dozens of free stocks. Plus, I have flexibility since I’m able to sell the stocks for cash or hold onto them as investments.
I like that Webull shows you how many sign-ups, approved accounts, and completed deposits your referrals have made. This gives you an idea of how many free stocks you will be able to claim soon. Once these referrals accounts are approved, you get your first prize, and once they complete their deposit you get to claim 2 additional free stocks.
Here is what the referral program tracking looks like:
Who Should Use Webull?
Webull is great for bother beginner investors and intermediate investors.
Webull offers strong, easy-to-get charts such as line, candlestick and OHLC. It also provides a lot of short-term macro data to help you determine which industry is taking a higher proportion of investment money at the moment. If you like to see which industries are taking in a higher proportion of investment money, Webull is a good place to start.
If you have less than $100,000 to invest, Webull is a great platform for learning how to trade with low-risk, small trades. If you are a long-term investor, you can take advantage of your Webull account’s many free features designed to give you all the information you need to make sound financial decisions and avoid unnecessary fees that eat into your returns.
Most financial experts recommend long-term stock-buying and holding. But if you’re not going to follow their philosophy, swing trading is better than day trading. Swing trading is a technique involving both consistently buying and selling a stock for a short period of time to capture some short-term value. The platform’s tools allow traders to analyze charts and look into the price, volume, and volatility of stocks — all vital in determining whether to buy or sell.
How Does Webull Make Money?
Don’t worry, Webull doesn’t charge you any trading fees or commissions and is free for you to use for trading stocks and investing in the markets.
Like Robinhood, Webull reportedly makes a large portion of its revenue through payment for order flow. This is a modern and highly efficient strategy for innovative companies engaged in long-term growth.
A large portion of Webull’s revenue also comes from investments in cash. Another way Webull generates income is through subscriptions to advanced market data for full-time advanced professional stock analysts.
Using this “freemium” business model allows Webull to encourage long-term involvement by customers and educate them about the benefits of their products without having to charge them to earn revenue.
How Long Does it Take to Get Webull Free Stock?
You will receive free stock immediately, again in 5 business days, and then consistently forever as long as you keep your Webull account open and refer users.
You will receive your first free stock as soon as you sign up and open your brokerage account verifying your identity for tax purposes.
Then you will be prompted to connect your bank account to fund your brokerage account. As long as you make an initial deposit of $100+ you will receive more free stocks once your funds settle. It can take around 5 business days for your deposit to settle before you will receive this second round of free stocks.
Then as you refer other users to the platform you will receive an additional 2-3 free stocks for each referral you make who also deposits at least $100 on their first deposit. These referral stocks will come in two waves as well just like the deposit stocks did. The moment you refer a new user you will get to claim 1 prize that may be a free stock. Then in 5 business days when the referral’s deposit settles you will receive 2 more free stocks.
Claim Your Free Webull Stocks
Obviously, I am a fan of Webull considering the fact that I am consolidating my portfolio onto their platform.
I think it is important for beginner investors to get their feet wet and begin trading as soon as possible. Most experienced financial traders will tell you that the sooner you begin investing the better and I agree with them.
With that being said, if you still aren’t sure about signing up for Webull just to get free stocks during their promotion then I wrote another article you’ll want to read first.
In the article, I give my review and why I think Webull is legit and completely safe to use. Click that link to read my other article on Webull or you can click here to sign up for your free Webull stock now.