Sunday, 28 May 2023

With Just $1 Deposit for 30 days, Get US$50-500 + $20 cash via paynow for New Webull Sign Ups

Until 30 May 2023, this is the final chance to Register here and individuals can receive 5 free fractional shares worth between US$50 to US$500 + a $20 cash gift when they (i) sign up a new account (via Singpass), (ii) make a deposit of any amount and (iii) keep the amount in webull for 30 days. It is better than many fixed deposits out there because putting in $1 or a few dollars will nett you at least US$50! The new fractional shares can be found under the "My rewards" tab

The offer is valid until 30th May 2359hrs. please remember to maintian the amount that you had first deposited for 30 days, then your last 2 free shares entitlment will appear under the "rewards tab" on day 30. Otherwise, without putting the money in for 30 days, you will only get 3 fractional shares.

Steps to Sign Up and How to Get the Free Gifts

To qualify for the promotion:

  1. Register for a webull account here
  2. Click on the "Get Free Shares Now", complete the sign up process.
  3. Then deposit any amount (S$1 also can) and you will get 3 free shares worth between US$30-US$300. After which complete this google form with details to get your $20 cash paynow
  4. Maintain your funds for 30 days and you will get 2 free shares worth between US$20-US$200

Each free share is a fractional share worth between US$10 to US$100 each. It is a roulette with each spin giving you a certain amount, if you are lucky, you will be able to get US$500 with 5 spins. Most of the time, it is US$10 worth of Tesla shares per spin. 

How to Deposit Funds into your new Webull Account:

After your account is approved, it’s time to make a deposit. Inside Webull mobile app, select “menu" at the bottom left of the screen, then clock on the "more" word icon boxed red

Next click "Deposit", boxed red.

There are a few ways to make a deposit: eDDA, Fast or Telegraphic Transfer. 

The eDDA Deposit method is the easiest, where you will authorise Webull to transfer money from your bank account into your Webull account. To use this method, you can select the “eDDA Deposit” option, as a first time deposit, login to your internet banking, and set the transfer limit. 

If you'd prefer to manually transfer funds from your bank account, then you can use the FAST method. However, do note that this option is applicable only for SGD deposits, and you'll need to remember to notify Webull that the transfer has been completed. So the eDDA deposit option is the easiest


How to Redeem Your Free Shares

On the homepage, click "My Rewards" which is boxed green and then claim your free shares there

Every fractional share sale will incur a $0.02 Commission

Do note for every different company fractional share sold, a $0.02 commission is present due to the charges incurred by the US Stock Exchange. Example if you get Tesla, Amazon and Alphabet fractional shares and you sell all the total is $0.06 comission ( 3 multipled by $0.02 commission for each company). Feel free to sell and encash them upon the end of the 30 days you have deposited your first fund into webull.

Disclaimer: I may receive an affiliate/referral fee when you sign up for services/products on this site. I only recommend services/products I am personally using to readers, however I do not provide any warranty or guarantee for the quality of these services/products

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