Earn up to 12 free shares signing up and funding a Webull brokerage account, stock rewards are fractional shares of stock ranging from $3 to $3,000.
For the month of May, there's an updated bonus where you can earn up to 24 fractional shares, double the normal promotion.
Here's the details:
Open a Webull account to get 2 free fractional shares valued from $3 to $300.
Value range of 2 opening account shares:
- $3-$10: 98.00%
- $11-$50: 1.90%
- $51-$150: 0.09%
- $151-$300: 0.01%
Fund your account with any amount to get an additional 4, 8 or 10 shares worth $7 to $3,000.
Value range of 4,8, or 10 account funding shares:
- $7-$30: 98.0%
- $31-$100: 1.90%
- $101-$999: 0.09%
- $1,000-$3,000: 0.01%
Fractional share rewards will be selected from NYSE or NASDAQ-listed companies with a minimum market capitalization of $2.0 billion.
Stock rewards must be claimed through the Webull mobile app within 30 days of the date they are rewarded, if unclaimed after 30 days, the stock rewards expire.
Here is an example of the free shares a friend of mine recently received signing up and funding their account.
Account creation shares: 2 fractional shares of GAP $3 x 2.
4 account funding shares: AAPL ($7), SPOT ($8), SBUX ($8) & PG ($7) for a total value of $30.
A few other important points:
Your deposit shares will be available 5 business days after your initial deposit clears and there is no holding period so you can sell the shares as soon as the 5 business days have passed.
To get your free shares you need to open a taxable brokerage account, the free shares aren't available for IRA accounts.
Webull Referral Bonus
Not only do you get shares when you sign up, Webull has generous referral bonuses. The Webull referral bonus varies, but you'll always be rewarded for referring friends to Webull.
Here is current offer as of February 21st, 2023, valid until February 28th, 2028.
With this promotion, you can earn from 1 to 20 Alphabet class C shares (GOOG) for your first referral, 2nd referral during the period 10 fractional shares, 3rd referral another spin to earn 1 to 20 GOOG shares and then 10 fractional shares for referrals 4+.
Related Articles
How to Get Free Stock from 9 Investment Apps