Webull review reddit

Webull review reddit. I keep getting a promo email saying if I deposit any amount of money I can get 9 free stocks each valued up to $3000. Webull incorporated a platform that stands ahead of Robinhood and its current offerings. Webull offers same protection as the other big brokers with so much more. It appeals to those who aren’t satisfied with Robinhood’s lack of some features. ExpressVPN (100) Stay secure and anonymous online - Best VPN Out There! Guard. Overall happy with Webull and nothing to worry about cash accts are FDIC insured and investment accts are SPIC insured. None by the time I figured out where to click to claim my free stocks it was too late. Alongside Webull's unique social community features, our testing found the mobile app to be well-designed and extremely easy to use. . We break down its pros and cons. And your only excuse when we message you is “it’s out of our control”. The user experience is outstanding, and Webull has better charts than its natural competitor, Robinhood. The service is terrible. $. Call Debit Spread 450/451 Apr 1st and Spy closed at $452. Tembo (subsidiary) has now met milestones to qualify for the final follow-on investment of US$2. The way (I think) free stocks work is they obviously have to own it first. spy 0dte might be trading at 0. Let me start off my assessment saying I've been test driving Webull for a few months now, and so Looks like Webull is now available for trading (US stocks, Options and ETFs) in Australia. Webull cancels the deposit, then blames their middle man Apex for the fee. ADMIN MOD. Webull entered the public sphere in 2017 as a prime competitor May 27, 2024 路 Webull offers commission-free trading for US-listed stocks, ETFs and options. I could care less about these free stocks. securely through Webull's app. Go to Webull r/Webull • by cupcup-123. Generally speaking, Webull has provided a positive trading experience over the past 5 years. Jul 26, 2023 路 Webull is a discount broker that allows commission-free trading of stocks, ETFs, options, and crypto. I keep getting my application returned. Webull’s robo service costs 0. Mar 2, 2024 路 Pros and Cons of Webull. $6 for $20,000) You can take control of your investments with your own HIN, ensuring your shares are safe and secure at all times. TL;DR: Webull is geared more towards active day/swing traders and not as much towards long-term investors. TL/DR: Webull or MooMoo which app do you I got sprint, doubled in value then merged with T-Mobile. The stock had a big move in April when it went up $1. They are legit, but their Customer Support is LEGIT dreadfully bad. I use webull for active market and market Analysis, robinhood for my trades. This is standard across the board with every broker. EDIT: Make sure the names and addresses on both How “Random” is this free stock exactly 馃. I am a bot, and this action was performed automatically. I don’t know why. WeBull is an up-and-comer in the space that’s hungry for market share. Jun 19, 2023 路 The Bottom Line: Yes, Webull is safe and legit. This is part of the Securities Investor Protection Corporation (SIPC). Customer service is top-notch. io (100): Surf the web safely. If you’re a new investor or an active, mobile-first trader, you should strongly consider Webull. When I left Robinhood, my two main choices were ToS and Webull. On Friday July 16, I received an email from Webull acknowledging my request, and my Webull account was fully locked. E-Mini contracts are only $0. 7/100. Discuss topics related to Personal Finance, Money, Budgets, Careers, Investing, Retirement, and FIRE… Apr 9, 2024 路 Webull offers 0 commissions for stock, options and etf trading. TurboTax doesn't let me proceed bc its not in any other form which has it end up in self-employment, which doesn't make sense. Also not sure if its the cause, but webull takes me sometimes 30 seconds or so to get a fill I don’t know how much you transferred in either. *piqued. 00 of my profit. I got a free share of Amazon, has anyone been that lucky too. 49% for balances over $3 million. Webull offers no commission trading and no minimum deposit or balance for accounts except for a $1 deposit fee for cryptocurrency accounts. Jun 19, 2023 路 Here are some of the key features that make trading ASX shares on Webull so compelling: $4. It’s obvious that the little customer service that Webull has is outsourced to India. Just have to throw it out there that importing your 1099 into turbotax means absolutely nothing when TurboTax makes you review EVERY transaction because the 1099 won't import "various" into the acquired date field, and therefore it has to be done manually. I got the same issue with a 1099-MISC with Apex clearing (webull) and 3-other income is $26. I’m closing my account and moving to a reputable broker that had customer service that we can call. I don’t know if it is because It’s the weekend or if they’re just flat out rejecting me. So I did my first one with my credit union $0. Trading on WeBull is free, and tons of free research & analysis tools are built right 55K subscribers in the Webull community. •. So webull has a clever little scam going. Perks. Webull 25 votes, 40 comments. I'm starting to wonder if this is because the transactions are under $1,000. Since Robinhood has proven it can work, more brokers are offering zero-commission trades. 4. I’m actually pretty damn impressed that Webull has raised $100 million in such a short time. 0050 a share on a 100-499 order size with an execution speed of 0. You are absolute trash. Great review! I am also a couple of weeks user with a 6 figure balance account in webull and even I moved from Tradeking. Moreover, Webull’s clearing corporation has added an extra insurance policy. 5 million, for an aggregate total investment of US$10 million. 50. Reply. Feb 26, 2024 路 Robinhood is one of the first zero-commission brokers to develop a successful business model. Naviindex. I only got Tesla and Apple. The Roth IRA income phase-out for 2023 begins at $138,000 for single filers and $218,000 for married filing jointly. From the very beginning, Webull has been a zero-commission broker, and it remains so today. Suggestions: Put some effort in, entice people to click your link because you came up with something interesting or funny to go along Mar 30, 2023 路 Webull Review 2023: Fees, Services and More. For example, if you contribute 4000 for tax year 2021, you can withdraw up to 4000 in tax year Click on the Webull icon at the bottom of your screen Afterwards click "Details" next to your assets, scroll down till you find exchange currency and you can change your SGD into USD. They can’t just give you a stock without first owning it. Is Fidelity better than Webull? After testing 18 of the best online brokers, our analysis finds that Fidelity (98. 7%) is better than Webull (84. Webull options last update is by the end of 2019. Webull is now trading futures! I don't see enough incentive to switch brokers ATM but they offering free data certainly seems disruptive! I'd love too see if/how other FCM react. If the funds are coming from or going to a non-U. this is an old post but your spot on. Open an account today and receive a free stock promotional bonus. what should I do from here on out? Jan 10, 2024 路 Webull charges just 0. That's weird. April 27, 2024. It’s peaked my interest. As far as I can tell, it is safe and legit. In 2019 the software was a bit more buggy, but they have done a quality job of smoothing the rough edges. Not a fan of Webull. Official reddit sub of Cash4reviews. Review the subreddit rules for more info. Snap at $20, zynga, hpe, jblu and san. Now click your list you’ve made. Is there a list of prerequisites anywhere for level 2 option trading? Thank you I've got a decent grasp on how unsettled and settled funds operate, but I've noticed that many times, when I buy shares with unsettled funds, sell them on the same day, fully aware that I'm taking a risk with a GVF (good faith violation), I never actually receive one. After you read why we gave webull. With Webull you can get low commission trading, full extended trading hours, purchase fractional shares from as little as $5 and more! Webull are currently running a referral campaign that gets you 20 FREE fractional shares worth $60 - $40,000!! (Running from 10:00AM November 1st 2023 until 11:59PM November 14th 2023) Webull subreddit, a commission-free, stock trading app. Arrest Your Debt is about helping others get out of debt and start building wealth. com a shot as well- if looking for affordable brokers for your trading requirements. Webull is completely safe and federal insured for securities but crypto (and derivatives thereof) are NOT securities. It’s real but you probably won’t get anything close to $3000, I got like $70, my buddy got $150, used this referral link. Webull App 674 subscribers in the ArrestYourDebt community. It currently pays 5% interest on idle cash. Post your referrals and help out others! Please do not post any scams or misleading ads (report it if you encounter one). 12 F and 12 AGI. It seems WeBull has auto postings which fabricated Google search reviews for them but WeBull never responds to inquiries. May 16, 2024 路 Futures: Futures trading was rolled out in April 2024, and Webull’s pricing is very competitive. The mobile app is a mess, transferring funds within Webull is a total nightmare because you have to do it on a mobile device. They are pretty much useless. I love Ally as a bank but TK was getting on my nerves with constant outages. Help. 096 seconds In WeBull, create a new Watchlist & add all your ticker symbols you hold across all platforms. Free stock thing is a scam, it's just convient for them to charge you an "ACH fee". I also have deposited and withdrew money in the thousands without any issues I do want to call out though that their customer service appears to be non-existent according to some folks who are frustrated with lack of . These official threads are the only place on the Webull subreddit that you should post your referral links. Please keep all contributions civil, and report uncivil behavior for moderator review. They require a $2,000 deposit to open a margin account. 1. I don’t use TradingView to trade real-time Jan 2, 2024 路 But outside of that group, Webull's sister app Webull Pay offers access to 8 cryptocurrencies that can be traded for USD. 75% interest on uninvested cash isn’t bad. Was on Robinhood with some yolo money, thenopened a Webull account and started a small position there to see what it was like and try out early market trading. View community ranking In the Top 5% of largest communities on Reddit. As much as you can comfortably put in. It bills itself as primarily organized around app-based trading, although as we will note below, Webull’s more sophisticated tools make it easier to use through the website. I call mine “All Owned” & have added all the stocks I own across Robbyhood, WeBull, & Stash. 20 is their profit from the full 1. Apr 15, 2023 路 Webull vs. I tested 2 brokers by simply making an identical option contract for both. Webull vs Robinhood in options trading. 0% Apr 27, 2024 路 Contributor, Benzinga. It’s not very reassuring putting your money someplace where the front line customer support struggles forming basic English sentences and only seems capable of sending a link to the FAQ regardless of your issue. So for one reason or another they buy up a bunch of a certain stock and then a few here and there of some different maybe higher price stock. The initial minimum deposit is $1,000, but Webull seems to be taking a conservative approach to margin. I think it’s one of the most visually impressive, easiest interfaces on web and mobile, and has a much better reputation than the Hood. Fidelity: Fees. 20% annually. • 3 yr. If you do not have a Webull account you can make $20 paid direct from me. Overall Rating: get started. 24/5. Posted by u/Pippost_official - 1 vote and no comments Webull is a community-driven, mobile-focused online broker. Cryptocurrency futures are $1. Personally I don’t understand why you would buy crypto outside of an exchange. Post link only once per thread. I use them both on my desktop- Fidelity has better order execution and latency, but Webull has better everything else. This means that the company is committed to protecting your capital up to $500,000, including cash claims of up to $250,000. May 3, 2024 路 Webull is a great investing platform, especially if you’re an active trader who want lots of options, low costs, advanced trading tools and the ability to save for retirement all in one place Webull is a commission-free stock trading mobile app that offers advanced tools and charting. I will be taking all of my money out of webull and switching platforms. New to Webull, is it worth it? Just made my first deposit to test the waters and want to know the good and bad y’all have experienced. webull was, at times, as much as 40 cents off. In that time, I have had a maximum cumulative drawdown of only - $6,419 with an average drawdown of -$1,000. Webull is an online trading platform that allows you to trade and invest commission-free. Webull free stock rewards. Additionally, plenty of members post educational charts for you to analyze/learn. They have already started showing quotes for the more popular names (AAPL, TSLA, FB etc). I really wanted to like ToS, but webull's interface, though having less features, is more modern and easy to use. All you have to do is sign up and deposit $1. 9%) is better than TradeStation (81. $0 ($2,000 for margin accounts) Fees. Go to "Markets" (beside Webull icon) and click on stocks when the US stock market is open (After 9:30PM SGT) Also Webull has a 3 million dollars sell minimum so when the price booms and you have a lot of shares you will be selling all day. E*TRADE offers access to crypto-related products, but not actual 1099-MISC TurboTax issues. While webull forcibly sold my contract 10 minutes prior to the market ends, for 0. It also depends if you are self directed investor who needs no advisement. Webull is an excellent choice for beginning and intermediate traders. 0003 x trade total amount for amounts over $16,353 (eg. You’re just asking to get fucked. Webull can be iffy sometimes on getting orders filled (from my experience). RH is great for visualization. You can access Webull’s customer services 24/7 for platform guidance or questions answering. I remember reading a article probably 6 months back where the Webull CEO mentioned the history of Webull and where they got their name from etc. Hopefully eventually they get their act together and put a table of margin/day margin requirements together with commissions. So try initiating the transfer from the landing brokers' website, get your Webull account number off of your statement, amd upload the latest statement at the time you start the transfer process, and it SHOULD go through smoothly. The founder is an Alibaba guy and that company is pretty damn successful! Non issue. Pros. TL;DR- it’s not a scam y’all are just dumb. There are standby customer service representatives for that purpose, and you can reach out to them via email (customerservices@webull. Moved assets to Fidelity and have been happy ever since. It began as a market research firm and launched an online brokerage platform in 2017. bank account, the fees are higher. Webull offers commission-free trading, retirement accounts, cryptocurrency trading, and margin trading. 1% to 5%. Webull is Robinhood’s closest competitor. But I was simply mentioning given the comparison of other forms of promotions Webull’s deposit promo is actually quite low and requires an insane deposit into Chinese business, especially during these times. In fact, Webull's desktop interface is so gorgeous and comfortable that I wound up using it exclusively for trading. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. WeBull/Apex Clearing and Turbo Tax. Webull is headquartered in the United States. ago. 80 ($80), 0. If it includes fractional shares and DRIP, it will be a huge contender. I've personally gotten 10 free stocks from people signing up with my link, with a total amount of around $200 in free money. I’m awaiting a $26K withdrawal from WeBull into my bank account but it hasn’t arrived. com this trust score, please share how you came across this platform in the comments below. MsgrFromInnerSpace. 80 on tos, but 0. Remember to not upvote any posts to ensure it is fair for everyone. Once all your symbols are in your list, in the app, click on the top right & choose “Simulated Holdings”. Roth IRA is the next best thing you can do for your retirement. I found out which answers they're looking for on each different "level" on YouTube, but you can probably just Google "how to get approved for options trading webull. RH also looks nicer to the eye and I can fully trade and keep tabs from my phone , plus their 4. Rules: No referrals to other sites and services. I closed the account after it went on a steady three month decline during which time the market was steady and my chosen stocks did well. That being said, certain aspects of Webull would not suffice for specific traders. On Wednesday July 21 the transfer of my positions completed and appeared in Jan 14, 2023 路 The Webull platform belongs to its parent company, Webull Financial LLC. Review. The bot did me well for quite some time then right around the time the fees began for whatever reason it started losing me money consistently. Yeah, someone posted their Amazon free stock a few months ago- his first free stock too! At least some of yall are lucky- I'm never lucky haha. 25. Robinhood: 2024 Comparison. Jan 31, 2024 路 Fidelity vs Webull 2024. 01 transfer. Not impressed with any part of it. Second of all, there are limitations on who can contribute to a Roth IRA based on income. 9%). I think ToS has a lot more features, but I thought their interface was too clunky and old styled for me to feel comfortable using everyday. Share. JBLU, SNAP, ZNGA, F. Self-directed accounts have no recurring fees. Webull customer service via messages suffices for me. verified by Luke Jacobi. Jan 2, 2024 路 Webull vs. You can resubmit the application with the answers they want to see. It takes 3-5 business days so mine will be completed latest by Wednesday. Fidelity is a value-driven online broker offering $0 trades, industry-leading research, excellent trading tools and an easy-to-use mobile app. I wish their ACH deposits didn't take 4+ days to go through, though. Account Minimum. 90 per trade for amounts up to $16,353. This fee is billed on a monthly basis with a $1 minimum. However, you can also try giving Coinexx, pepperstone, IG, and Forex. imnotreallyreal_1976. I have made trades of stocks and options for since August 2019, and no issues so far. Read our expert review for more pros, cons, and services. com I started this page to help match companies that pay for reviews and people who like to do reviews. r/Daytrading • I just crossed + $375,000 in profits after 18 months of full time day trading. Bravo WeBull and Apex. Learn about its features, fees, and trading platform to help you decide if Webull is the right choice for your investment needs. Feb 18, 2023 路 Read our comprehensive review of Webull Singapore and discover if it's truly the cheapest low-cost broker in the market. TradingView’s has normal tools and tools coded/scripted by members of the community as well. The stock is consolidating at the breakout point and may move towards $5, if sustain above $3. Personal finance… I have a WeBull account with a tiny bit of play money, like $400 tiny. Cash Accounts: You can day trade as much as you want provided you have enough “settled” cash to do so. Personal finance… 590 subscribers in the TheMoneyMix community. 75. us) or call 1-888-828-0618. Webull is a community-driven, mobile-focused online broker. Roth is great no tax or 30 day rule to rebuy a trade Apr 13, 2023 路 Webull is a subsidiary of Fumi Technology, a multinational Chinese company. If you $25K+ (unlimited day trades). Is Webull better than TradeStation? After testing 18 of the best online brokers, our analysis finds that Webull (84. That info seems comically hard to find Dec 20, 2023 路 Insider’s Rating 4. Cons. Scam Detectors Most Trusted Websites in Online Security. Expense ratios from the funds used in the program are always assessed, although these are typically fairly low. For WB, the pricing is great, but for platform features, TD TOS is more superior. i opened webull ( with live data) open enxt to my TOS account. ShadyThrowaway96. Of course, shit can always go wrong, but hopefully it goes okay. S. There's nothing wrong with that, it's good at what it does. There is no withdrawal fee for ACH transfers and no inactivity fee, but wire transfer fees are high. Welcome to FXGears. Webull is a secure investment platform that offers investors at all levels the ability to trade individual stocks, options, exchange traded funds (ETFs), and dozens of cryptocurrencies. 14M subscribers in the wallstreetbets community. May 23, 2024 路 Webull charges an $8 fee to deposit money via wire transfer and a $25 fee for wire withdrawals. Please contact the moderators of this subreddit if you have any questions or concerns. Share Add a Comment. No commission (for stocks, ETFs, options) High, 5% interest on cash balance. They claim you get a free stock for making your first deposit. If you wanna keep a standard investment account with WeBull then go for it, but long term retirement accounts go with the big players. Remember, this is a subreddit for genuine, high-quality discussion. Webull subreddit, a commission-free, stock trading app. Check out our review and how they compare to Robinhood. Good evening guys, I’m trying to apply for Webull’s level 2 options. Webull and Robinhood both offer free trading of stocks, options and ETFs. Max that fucker out every year. Thus, any account below $6,000 will pay more than 20 basis points. People can also post their charts and you can open them up and go through it and analyze their thoughts within their chart. Webull reports a net price improvement of 0. I submitted a transfer request on the Fidelity website on the afternoon of Thursday July 15 for a full transfer of my positions from Webull to Fidelity. More research has made me incredibly nervous. Webull just increased cash management 5% APY to attract more cash flows. Webull has a Paper Trading account you can set up to practice trading strategies with no risk, whereas Robinhood does not. 20% per annum for its investment management in Smart Advisor. ACH transfers are free for funding May 22, 2024 路 Webull's trading technology is basic, although it does get the job done. 49% for balances under $25,000 to 5. You can consider this somewhat liquid, in that there is no penalty for withdrawing from that year's contribution. 676 subscribers in the ArrestYourDebt community. I’m so relieved to have all my stocks in my 2 Fidelity accounts. You fraudulent mother fuckers. Fidelity has no dollar sell limit. 2 Ford and 2 SWN. 55K subscribers in the Webull community. Fuck you Webull! 馃枙. com, a trading forum run by professional traders. 45 to $6. Like 4chan found a Bloomberg Terminal. 7%). Disclaimer: Please double-check that links and offers are legit before entering any information. 70 and Micros are $0. Only the money actually invested is insured, not what’s just sitting In an account. Webull’s margin rates range from 9. The delay in options contracts for buying and selling has been absolutely unacceptable. But with work and life schedules demanding more attention than I can devote to investing, I'm thinking of handing the reigns to a software that can get my account to grow. Currently, the investment firm is waiving this management fee for the first 6 months. I prefer platforms that were around and survived the 2007-2009 financial crisis aka greatest margin call all time. Both brokerages have a referral program, but Webull's is MUCH better. Award. Members Online WeBull SignUps Needed! Jan 31, 2024 路 January 31, 2024. Webull. Contest mode enabled. What the fuuuuutrade got rejected WARNING About Funds Not Safe. There is a $100 minimum deposit requirement to start investing Right now MooMoo is offering 4 free stocks with a switch to their platform (which is very enticing) where as Webull I am seeing has the better phone app. MembersOnline. " The second time I changed my answers, a customer support person had me explain why I made the First of all, the maximum contribution for 2023 is $6,500 ($7,500 if age 50 or older). Most people come here to say they haven't gotten their stock at all. Both of these platforms have their own benefits. I got 6 shares of ZNGA at $10 ea. Webull just increase the cash management APY from 4. Reply More replies. It takes 3 to 5 business days for your deposit to go through. So what better place to turn to than to in my stalemate endeavor than to the internet where I know you will all give honest opinions with no filter. 70. Trying to get level 2 options. May 14, 2023 路 Webull Features Drill Down Customer Reviews and Services. 50 or worse on webull. Robinhood targets beginner investors, while Webull offers more advanced trading Webull is a fun platform, but you can’t even compare the two realistically. ev de no ku hz mj mm vf gn gg