If you're looking for a Webull referral code, you've come to the right place. In this article, we'll provide you with a code that will give you a bonus when you sign up for Stake.
So what is Webull ? Webull is an investing platform that allows you to buy and sell shares in public companies. You can also invest in private companies, but there are some restrictions.
Go to Webull registration page.
Register an account.
Verify your account.
Make your first deposit within 24 hours to receive your bonus.
The online brokerage landscape in Australia has transformed into a high-stakes arena where traditional bank-owned platforms are losing ground to tech-first, low-cost alternatives. Retail investors no longer settle for basic order-execution screens and high flat-fee commissions.
Webull has built a massive global footprint by offering high-powered trading terminals, institutional-grade analytics, and aggressive pricing structures. In this comprehensive 2026 Webull review, we look closely at its expanded asset offerings, inspect its competitive fee schedules, evaluate its CHESS-sponsorship model for Australian shares, and determine if its technical feature set is right for your portfolio.
Webull stands out as one of the most powerful, low-cost trading platforms in Australia. It caters primarily to self-directed investors, active day traders, and technical analysts who want advanced charting capabilities alongside zero-commission access to global markets. While its feature-packed desktop and mobile interfaces provide unmatched market depth, complete beginners may find the sheer density of data somewhat intimidating.
Our Rating: 4.5 / 5 Stars
Best For: Technical traders, international stock and ETF investors, US options traders, and active investors who want CHESS sponsorship coupled with ultra-low brokerage.
Worst For: Passive, long-term investors who prefer an ultra-simple, clutter-free "buy and hold" interface.
Pros
Zero-commission trading on US equities, Hong Kong stocks, China A-Shares, and all US/ASX ETFs.
Australian shares (ASX) are fully CHESS-sponsored, granting users direct ownership via their own HIN.
Industry-leading technical analysis suite with over 60 indicator signals, Level 2 order books, and integrated TradingView charts.
Seamless 24/5 extended-hours trading access for US equities and options.
Cons
The mobile and desktop terminals feature a steep learning curve for complete trading novices.
Live streaming market data feeds for advanced depth (such as real-time streaming ASX data) require optional monthly subscriptions.
Foreign exchange (FX) conversion spreads apply when shifting AUD into foreign currencies for international trades.
Founded in 2017 and owned by Nasdaq-listed Webull Corporation, Webull launched as a tech-driven fintech firm aimed at decentralizing professional trading tools. Entering the Australian market under full ASIC licensing via Webull Securities (Australia) Pty Ltd, the platform adapted its global architecture to meet domestic compliance requirements.
Unlike many international brokers that enter Australia using custodial models, Webull integrated directly with the ASX clearing house infrastructure. This allows Australian investors to retain direct ownership of their local shareholdings under a individual Holder Identification Number (HIN). Globally serving over 27 million users, Webull regularly updates its mobile app, web platform, and desktop terminal with AI-driven analytics and expanded asset access.
Webull excels in multi-asset class depth, allowing investors to manage local and international strategies from a single unified account.
Australian Market (ASX & Cboe): Trade domestic equities, REITs, and warrants. Crucially, all Australian trades remain CHESS-sponsored.
US Equities: Full access to major US exchanges (NYSE, Nasdaq) including fractional shares and 24/5 full session trading (pre-market, regular, after-hours, and overnight).
Asian Markets: Seamless trading across Hong Kong (HKEX) stocks and Mainland China A-Shares via China Stock Connect.
The platform features an expansive catalog of ETFs spanning local Australian indexes, international sector thematic funds, fixed-income products, and global commodities.
US Options: Trade US equity and index options with advanced order structures (spreads, straddles, iron condors), real-time Greeks, and implied volatility tracking.
Cryptocurrency: Direct access to over 100 digital assets for users seeking consolidated crypto exposure alongside traditional market positions.
Webull operates one of the most competitive pricing schedules in the Australian market, leveraging its global scale to undercut legacy brokers.
US Stocks & ETFs: $0 commission.
Australian (ASX) & Global ETFs: $0 commission.
Hong Kong & China A-Shares: $0 commission.
Australian (ASX) Individual Shares: $1.00 per trade or 0.03% of total trade value (whichever is greater).
US Options Trading: $0 commission, with standard contract fees starting from $0.50 per contract plus nominal regulatory/exchange pass-through costs.
While international trades incur $0 brokerage commissions, buying US or Asian shares requires converting local AUD. Webull provides 24/7 instant FX conversion within the app at competitive institutional spread rates. There are $0 account opening fees, $0 ongoing monthly maintenance fees, and $0 inactivity penalties. Basic deposits and withdrawals via PayID or standard bank transfers are completely free.
High-Powered Mobile and Desktop Terminals
Webull’s primary differentiator is its software suite. Available across iOS, Android, web, and custom desktop installations (Mac/Windows), the platform offers workstation-level tools:
Over 50 fully customizable technical indicators and 60 classic technical drawing patterns.
Multi-chart layouts allowing users to monitor up to 16 live charts simultaneously on desktop.
Advanced custom screeners filtering assets by quantitative ratings, financial ratios, market cap, and technical buy/sell triggers.
Paper Trading functionality, offering a risk-free virtual simulator with live quotes to test strategies before committing capital.
The integrated Vega AI assistant synthesizes corporate financial reports, parses live market news feeds, and delivers instant summaries of complex earnings releases. While baseline real-time market snapshots are free for everyday users, active day traders can subscribe directly in-app to dynamic streaming data feeds, including Nasdaq TotalView (US Level 2) and ASX Real-Time Order Depth.
Financial security and regulatory compliance form the baseline of the Webull platform.
Webull Securities (Australia) Pty Ltd is fully regulated by the Australian Securities and Investments Commission (ASIC) under AFSL 536180. Australian shares are cleared directly through the ASX Settlement system, ensuring your local equity purchases are registered directly in your name under your own HIN.
For US securities investments, accounts are protected by the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC) clearing channels in the United States, providing asset coverage up to $500,000 USD (including up to $250,000 USD for cash claims). Systemically, the app enforces mandatory multi-factor authentication (MFA), biometric logins, and specialized trading PINs required prior to order execution.
Webull maintains strong standing across app store networks and aggregate review portals, frequently winning low-cost broker awards. Users regularly highlight the speed of PayTo/PayID deposits, the breadth of charting indicators, and the unmatched value of $0 commission international trading.
Customer support is accessible via 24/7 in-app live chat, email ticketing, and local Australian phone support channels. The most common point of friction reported by newer users is the sheer density of information on the home dashboard. Finding basic account functions can initially feel overwhelming compared to simpler retail investment apps.
Webull provides a feature-rich bridge between simple retail investing apps and expensive institutional trading platforms. By pairing CHESS-sponsored Australian stock trading with zero-commission international equity and ETF access, it offers an exceptionally high-value ecosystem for modern, self-directed investors.
Choose Webull If:
You want a high-powered, analytical trading terminal on both mobile and desktop without paying expensive platform subscription fees.
You hold a mix of ASX CHESS-sponsored stocks, US equities, and global ETFs.
You want to trade US market options or utilize 24/5 extended-hours trading sessions.
Avoid Webull If:
You want a minimalist, ultra-basic app that hides complex charts, order books, and technical indicators.
You want to place trades purely via phone brokers or traditional manual banking interfaces.
CHESS (Clearing House Electronic Subregister System) sponsorship means that when you buy Australian shares on Webull, you own those shares directly under your unique Holder Identification Number (HIN). If the broker ever ceased operations, your shareholdings remain registered directly in your name on the official ASX register.
Webull relies on global scale and volume across its international operations. Rather than charging high per-trade brokerage commissions on international equities, the platform generates revenue through foreign exchange (FX) conversion spreads, optional live streaming Level 2 market data subscriptions, and interest on cash or margin lending facilities.
Yes. Webull supports direct automated share transfers. You can initiate an inbound broker-to-broker transfer for both Australian CHESS-sponsored shares (using your existing HIN) and US stocks directly within the account management menu in the Webull app.
Yes. Webull allows users to purchase fractional shares of eligible US equities and ETFs for as little as $5 USD. This enables investors to buy into high-priced global companies without needing to purchase a full individual share.