Contents
The Offer
Shows up in app if targeted
- Between 6/8/2020 – 7/5/2020, Webull is offering some free stocks based on how much you deposit (not including however much you’ve already deposited before the promotion). Each stock is valued between $9 – $1,400.
- Deposit $10,000-$24,999 and receive 15 free stocks
- Deposit $25,000-$94,999 and receive 30 free stocks
- Deposit $100,000+ and receive 50 free stocks
Our Verdict
This is better than previous deals that were 10-35 stocks and had a maximum value of $1,000 (vs $1,400 with this promotion). Obviously targeted and markets are still quite volatile.
7/2 – Deposit initiated.
7/3 – Deposit pending.
7/10 – Deposit completed.
8/5 – Received $325.
8/6 – Withdrawal $25K.
30 stocks = $26 VIAC x1 + $12 UBS x3 + $11 RF x3 + $10 HPE x11 + $10 ZNGA x12.
Received my 15 free stocks today 6 HPE 5 Zgna 3 RF 1 Viac. Value of about $170.
I got 20 stocks worth 235$ for 10k deposit, ill take it…
Checked the app, and got the 30 free stocks. They were a mix of HPE, ZNGA, ERIC, RF. Intiated the transfer of funds on 7/1 and it settled on 7/8.
I got my 25 or so free stocks today (for some reason I think I got 27?) Anyone, they were all shares of Zynga and HPE at around exactly $9.00/share, with two shares of UBS for $11/share. So I got about exactly $250 in value. Not bad, but not great either. I can’t really say this promotion is worth doing.
Anybody know how long it takes for funds to deposit with webull?
I wanna do it last minute.
It shows the deposit immediately and I believe 1/2 was available right away for investing, but I think it was a 7 day hold for full amount last time I did the promo.
Awesome thanks!
The website says 5 business days to settle and deposit must be settled before 7/10. This means the latest time is 7/2 by 1PM PST since 7/3 is a US holiday observed. However there appears to be DPs of deposit settling after promo end date and still qualifying.
Thanks!
The new tiered deposit offer says that the account holder has to deposit before 7/10/2020. What does that mean exactly? That I have to initiate the deposit before the deadline or the money has to be settled before that date?
For a past promotion, I ended up getting the bonus for initiating the transfer a few days before deadline despite the deposit not actually posting until several days after deadline. I am going to play it safe and leave a full week for this round though.
The website says 5 business days to settle and deposit must be settled before 7/10. This means the latest time is 7/2 by 1PM PST since 7/3 is a US holiday observed if following the terms.
Anyone NOT get the opening free stock but got the free stock for funding $100? I have emailed customer service multiple times, nobody answers/cares. Also my mom tried opening her account and has submitted her social security card lots of times, nobody answers and account still not open. Do they not have any customer support?
well it’s a Chinese company based in China with Chinese support and all the info gets shared with the Chinese Communist Party, so what do you expect? I gave up after sending 5 e-mails and waiting a month with no reply.
I expected big brother companies like that to be more efficient. I guess they don’t want my information or money.
I think personal details and data on U.S citizens and residents is probably more valuable to the Chinese Communist Party than money
What did everyone get? Is it all the same company? Or 1 share of 15 different companies? I assume like Robinhood usually its shares of like a few bucks?
Last promo I got VG, JBLU, HPE, UBS. will see what they will give out on 7/31 and 8/5
Got my email today, but only 10/25/35 stocks for the deposit tiers respectively.