What is Webull Financial LLC?
Webull Financial LLC is a registered broker dealer with the SEC, and a member of FINRA and SIPC. It's a new investment app which allows you to make free trades across a variety of investments. Webull strive to keep its vast depth of news, real-time market data, analysis tools, and trading commissions completely free.
2.Why choose Webull?
0 commission fee, 0 account opening/maintenance fees, and 0 account minimum deposit.
Full Pre and After market trading hours. (4:00 a.m. - 9:30 a.m. and 4:00 p.m. - 8:00 p.m.)
21 technical indicators.
Candlestick and line charts.
Breaking news & Global market financial data.
Personalized portfolios and alerts.
Timely customer service responding.
3.Is my Webull account insured and protected?
Webull financial LLC is a member of SIPC, which protects customer securities up to $500,000 (including $250,000 for cash claims).
4.What types of account can I open with Webull?
5.How long does it take to open a Webull account?
Please tao on the "Trade" tab in the bottom navigation bar. This will direct you to the Webull Financial application form. Your application is normally approved within an hour. We will inform you by SMS and Email of its completion. Some applications may require additional verification. Please wait for Email guidance from Webull.
6.How to convert a cash account into a margin account?
Please print, sign, and scan the margin account agreement and sent it to account@webull-us.com from your registered Email address. All trades must be settled in the account before the conversion can be executed.
7.What brokers can I transfer from?
We support pretty much any brokerage with a DTC number. If your broker is not listed on Webull app, please slid to the bottom, click "Other Broker" and you can find out these ACATS brokers by searching broker's name or DTC number.
8.What is the charge for securities transfer?
Webull does not charge for any incoming transfers. Please check your current broker about their transfer fees.
Webull charges $75 for each outgoing transfer.
9.Can I trade in Pre and Post market with my Webull account?
Yes, Please select "YES" for extended hours while you are submitting an order.
10.When can I place orders with my Webull account?
From 4:00 a.m. to 8:00 p.m. EST on weekdays when the U.S. markets are open.
11.What kind of securities can I transfer to my Webull account?
Most U.S. listed equities and ETFs are supported, However few stocks and ETFs limited to trade by Apex, the clearing firm. (Currently, bonds, options, mutual funds, penny stocks on OTC markets are not supported)
Please make sure whether the specific security you would like to transfer is tradable or not in Webull with the following method:
>Tap on "Trade" in bottom navigation bar
>Tap on "Trade" button on the middle left
>Search the symbol or company name. If no results, it is not tradable in Webull
11. Referral Program
You can get a free stock valued up to $1,000 if it's your first time open a trading account with Webull. If you already had an account with Webull before, you can share your referral link with your friend. You and your friend will both get a free share of stock when their application is approved.
Please make sure your friends use YOUR referral link to sign up and open a trading account by using the same registered account.
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