Webull: Get at least $34 in free stock with a new account and a $1 minimum deposit

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Webull is a brokerage app that we’ve occasionally written about because they offer a steady stream of new account promotions that offer varying amounts of free stock for going through varying amounts of hastle. Currently, they have one of the easier ones we’ve seen in awhile. Open up a new WeBull account, make any deposit amount, and you will get 6-12 free fractional shares valued at a minimum of $34.

The Deals

Direct Link to offer with no referral

Key Terms

  1. Offer Period: August 1, 2022, 12:00 AM EST – August 15, 2022, 11:59 PM EST.
  2. Offer Eligibility: This offer (the “Offer”) is only available to Eligible New Customers. “Eligible New Customers” are new customers of Webull Financial LLC (“Webull”) who successfully open a Webull brokerage account during the Offer Period. Eligible New Customers must (1) be at least 18 years of age, (2) reside in the United States, (3) have a valid social security number, and (4) be approved to open a Webull brokerage account during the Offer Period (“Eligible Customers”).
  3. Offer Requirements: During the Offer Period, Eligible Customers who open a Webull brokerage account (“Eligible Account”) will receive, subject to these Terms and Conditions, fractional shares in TWO (2) free stocks (the “Stock Reward”). Eligible Customers may claim their Stock Rewards upon approval of account opening.
  4. Offer Requirements: During the Offer Period, Eligible Customers must make an initial deposit of any amount into their Eligible Account. Upon settling of such deposit, Eligible Customers may claim their free fractional shares in four (4), eight (8), or ten (10) stocks at once. The date that an Eligible Customer may first claim Stock Rewards is the “Reward Date.”
  5. Account Opening Stock Rewards: Stocks awarded are selected randomly from Webull’s inventory of stocks at the time the Stock Rewards are claimed. Stock Rewards will be selected from NYSE or NASDAQ-listed companies with a minimum market capitalization of $2.0 billion and which have share prices between $3 and $300 per share from inventory maintained by Webull for this purpose. The odds of receiving stock with a specific price per share are as follows: $3 – $10, approximately 1:1.02; $11 – $50, approximately 1:52.63; $51 – $150, approximately 1:1111.11; and $151 – $300, approximately 1:10000.
  6. Initial Deposit Reward Stock: Stocks awarded are selected randomly from Webull’s inventory of stocks at the time the Stock Reward is claimed. Stock Rewards will be selected from NYSE or NASDAQ-listed companies with a minimum market capitalization of $2.0 billion and which have share prices valued between $7 – $3000 at the time of the award from inventory maintained by Webull for this purpose. The odds of receiving a fractional share with a specific price per share is as follows: Shares in the $7/share – $30/share, approximately 1:1.02; shares in the $31/share-$100/share, approximately 1:52.63; shares in the $101/share – $999/share, approximately 1:1111.11; shares in the $1000/share – $3000/share, approximately 1:10000.
  7. Limitations: Stock Rewards must be claimed through the Webull mobile app or website within 30 days of the Reward Date; Stock Rewards not claimed within 30 days of the Reward Date will expire.

Quick Thoughts

Webull has a consistent stream of sign-up promotions that usually involve several steps and a couple of additional hoops to jump through. This one is super easy, though: open a new WeBull account, make a deposit of any amount and you’ll get a minimum of $34 in stock.

In my experience, there’s usually 1 or 2 more highly-valued stocks in the bundle and the average total value ends up being between $35-50. The most expensive single stock that I’ve ever received was around $35.

Of course, they market this as possibly being able to get stock worth $30K+, but the odds of receiving even a single share that’s worth $100-$1000 is 1/1111 and the odds of getting a share worth more than $1000 is 1/10,000. So, not good. Still, it’s a pretty easy way to get a quick $35-50 in stock with minimal effort..

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jason

Just a warning they ask for an awful lot to sign up. You have to scan and upload photo ID!? I don’t remember it being this hard for robinhood for example.

Corey James

You did an excellent job on this post! I’d like to add an extra information to your list if you don’t mind?

Get up to $60 in free stock when you open a new account and deposit at least $1. Deposit funds into your account and get 100% of your qualifying deposit as free stock (up to $34). Closing your account before 2 trades have settled in your account will result in forfeit of any earned free stock. See offer page for full details.

But If need loan, what one will do? Here it might help: https://fitmymoney.com/1000-dollar-loan/
If you donot have money to start, this resource could be benificial.
Thanks admin for providing this useful information, That was piece of advise I want to share. Your article inspired me to write about it.

Keeping sharing such usefull info.
Thanks

Last edited 2 days ago by Corey James