WeBull, Get 10 to 35 Free Stocks When You Deposit $10K to $100K
WeBull is a free trading app that offers two free stock when you sign up. You can read more about the app here. Now you can also earn up to 35 free stocks when you fund your account. The more you deposit, more free stocks you get. It can still be a good deal since you don’t need to keep the money in the account for long and even better if you are looking a free trading app to invest.
Between 5/20/2020 to 6/20/2020, Webull is offering 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 – $1000. Here’s the breakdown:
- Deposit $10,000-$24,999 and receive 10 free stocks
- Deposit $25,000-$94,999 and receive 25 free stocks
- Deposit $100,000+ and receive 35 free stocks
This promotion should show up in your WeBull account. It was also sent out by email.
- This promotion is user targeted. You will NOT receive any free stock(s) if you participated in this promotion without receiving a push notification for this promotion.
- You will be able to claim your free stocks on 7/31/20
- Must keep the deposit in the account until 7/31/20. You are not required to invest the money.
A decent bonus for those who already have a WeBull account. This is a targeted promotion and it is not guaranteed that you will get the offer if you sign up now. Check your accounts or emails to see if you have the offer. You can also contact WeBull and ask if you are targeted.
Everyone gets two free stocks as a signup bonus. For the extra free stocks you need to deposit an extra $10K to $100K. This is for new and existing customers. If you don’t want to keep the money in the account too long, then it is better to deposit closer to the end of the promotion. You would need to keep the money in the account only about a month and a half. And if you deposit $10K for example, you get 10 stocks worth at least $90 total. That’s a minimum of 7.2% APY (assuming you keep the money tied up for 1.5 months).
Webull Financial is a member of SIPC, which protects securities customers of its members up to $500,000 ( $250,000 of cash). Additionally their clearing firm Apex Clearing, has purchased an additional insurance policy that provides protection for securities and cash up to an aggregate of $150 million, subject to maximum limits of $37.5 million for any one customer’s securities and $900,000 for any one customer’s cash.
- SoFi Invest – $100 in Stocks with $1,000 Deposit
- Moomoo – 2 Free Stocks with $100 Deposit
- Robinhood – $5 Signup Bonus
- Firstrade – 1 Free Stock
- M1 Finance – $20 Bonus plus $1,000+ with 10 referrals
- Nvstr – $10 Signup Bonus
- Public – $10 in Stocks
- TradeUP – 2 Free Stocks + $50
- Stash – $25 Signup bonus + $50 with Direct Deposit
- Acorns – $5 Bonus plus $200+ with 4 Referrals