Webull is a popular online trading platform that offers commission-free trading for stocks, ETFs, and options. One of their best features is that they offer free stock to new users who sign up and complete certain requirements. Here’s how to get free stock from Webull.
1. Sign up for a new account
First, you need to sign up for a new account with Webull. You can do this by downloading the app on your phone and creating an account or by visiting their website and registering there.
2. Link a bank account
To be eligible for free stock, you’ll need to link a bank account to your Webull account. This is used to transfer funds for trading and to verify your identity.
3. Complete the application process
After you sign up and link your bank account, you need to complete the application process. This involves answering some questions about your investment experience and financial situation.
4. Wait for approval
Once you submit your application, Webull will review it and approve or deny your account. This usually takes a few business days.
5. Claim your free stock
After your account is approved, you can claim your free stock. Webull often offers a free stock worth anywhere from $2.50 to $250 to new users. The stock is randomly selected, so you won’t know what you’ll get until you claim it.
6. Meet the requirements to keep your free stock
To keep your free stock, you’ll need to meet certain requirements. Webull requires that you keep the stock in your account for at least 3 trading days before you can sell it. After that, you can sell it and withdraw the cash or keep it in your account to use for future trading.
In conclusion, getting free stock from Webull is a great way to start your investing journey without spending any money. Just remember to follow these steps and meet the requirements to keep your free stock. Happy trading!