Sign up for Webull Commission-Free Stock Trading App and receive a free stock (valued $2.50-$250) when you open a free stock brokerage account (within 24 hours) with no deposit required. Plus if you make an initial deposit of $1 or more, you’ll get another free stock worth (valued between $12 to $1400)!

That’s two free stocks (with chance to win stocks like Facebook, Microsoft and AMAZON )! Webull is available on iOS, Android, Mac, Windows and Web !

You can get the two free stocks by using my referral link here — https://act.webull.com/kol-us/share.html?hl=en&inviteCode=NEh3x9QTU27R

How To Open A Webull Account

In order to open a brokerage account on Webull, you need to meet the following requirements:

1. Be 18 years or older.

2. Have a valid SSN (Social Security Number).

3. Must have a legal residential address in the U.S. and outlying U.S. territories.

4. Have a U.S. citizenship, U.S. permanent residency card, or a valid U.S. visa.

5. Assuming you meet the above requirements, the sign up process is a breeze. You will need to include some personal information, like your name, address, and even your SSN. This is because all brokerages are required to verify your identity and report trading activity to the IRS.

Webull is registered and regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). It is also a member of the SIPC which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash).

Is Webull Safe/Legit?

Short answer, yes and yes. Your brokerage account with Webull is covered by SIPC insurance. This type of insurance protects investors up to $500,000 of securities or $250,000 cash.

This type of insurance does not ensure you against potential losses within your account.

Beyond that, investors have additional protection through their clearing firm Apex Clearing. According to the Webull website, the coverage limits provide protection for securities and cash up to a total of $150 million, subject to maximum limits of $37.5 million for any one customer’s securities and $900,000 for any one customer’s cash. Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities.

Your personal information is fully encrypted with Webull and never shared.

In a nutshell, Webull is just as safe as any other brokerage out there. In fact, the additional insurance offered through Apex Clearing gives investors additional protection above and beyond the SIPC insurance. Your data is not shared with anyone else and is fully encrypted. They do not sell your information to other companies.

Referral program

Invite people to sign up through your own personal invitation link and get 2 free stocks ($12-1400 each) after they open an account and deposit any amount. There is no cap to how many people you can invite.

March promotion

Get 3 stocks for your first referral worth ($12-1400) each.

Webull Features

Real-Time Data

Webull is most well-known for the data.

In fact, they were initially just an app for investment research before they added the trading feature! Webull offers real-time market data on US markets to all users for free.

If you are looking for data on global markets, it is available for a monthly subscription. As mentioned earlier, selling global market data is one of the ways they make money.

You do not need to pay for any subscriptions to get access to real-time US market data. Real-time data is essential when you are using it to make trading decisions. At the blink of an eye, micro-trends can happen that traders are often looking to capitalize on. When price data is delayed in reporting, this could be very costly for an active trader.

Trading Simulator (Paper-trading)

One of our favorite features is the onboard trading simulator. Investing or trading stocks for the first time can be very nerve-racking, especially if it is with a trading platform that you are not familiar with!

The trading simulator allows you to practice in “sandbox mode” with fake money to hone your skills, familiarize yourself with the trading platform, and understand how each of the different order types of work. Basically, you get $1,000,000 of fake money to invest with. This allows you to practice executing trades without the risk of making mistakes or losing money.

It’s a great way to learn how to maneuver your way around the trading of stocks and ETFs without emptying out your wallet. Go ahead, challenge your family and friends to make a higher profit buying and selling.

Who cares if it is just Monopoly money? You could still be the winner.

Commission Free Short Selling

For those who are interested in short selling, Webull offers this commission free.

Short sales must take place within a margin account, and you must have a minimum balance of $2,000 to open one with Webull.

In a short sale, you are betting against a stock by borrowing shares with the plan to repurchase them at a later point in time. This is a complicated subject, but you essentially make money when a stock or asset goes down in value. Most free trading platforms do not offer short selling. Webull offers this commission free within a margin account.

Short selling happens when investors sell stocks they do not own. Short sellers believe the price of the stock will fall, or are seeking to hedge against potential price volatility in securities that they own.

If the price of the stock drops, short sellers buy the stock at the lower price and make a profit. If the price of the stock rises, short sellers will incur a loss. Short selling is used for many purposes, including to profit from an expected downward price movement, to provide liquidity in response to unanticipated buyer demand, or to hedge the risk of a long position in the same security or a related security.

What Is Margin Trading?

As mentioned earlier, short selling must take place within a margin account on Webull. Margin trading is a form of borrowing, that lets you leverage the funds and securities you already own to purchase additional securities.

Most brokerages will loan you $1 per $1 invested in securities. For example, if you owned $10,000 worth of stocks they would loan you an additional $10,000 to invest with.

With a margin account, you can borrow funds from your brokerage firm, it provides an opportunity for you to leverage your investment to help increase your return. At the same time, it has the risks to magnify your losses.

Extended Trading Hours

The stock market, like any other business out there, has hours of operation.

Those hours are Monday through Friday, 9:30am to 4:00pm EST.

Most trading platforms only allow you to place trades within that window.

Webull offers all users the ability to place trades pre-market and after-market. You can place trades anywhere from 4:00am to 8:00pm EST Monday through Friday. This is especially important if you are trading stock during earnings and want to sell right after the bell, or you want to get in on a stock that is reporting earnings pre-market.

Keep in mind that the price volatility can be much more higher during extended hours, compared to the price volatility during normal market hours. You may wish to limit prices to place an order.

Fundamental Data

Fundamental investors study the financial health of a company to make a long term bet. They look at key financial documents like the balance sheet, cash flow statement, and income statements.

They also look at key metrics like earnings per share, PE ratio, and more!

Webull places all of this data at your fingertips. You can view the numbers from the key financial documents as well as see visual graphs of the overall trends. They also offer helpful comparison tools that compare the metrics of one company to another in the same industry.

Technical Data

Not everyone follows a fundamental approach when making investment decisions. Many rely on something called technical analysis, which is reading the charts and following the trends.

Webull offers over 20 different technical indicators on the platform. These charts are used by traders to identify micro trends to capitalize on. You will not find this many indicators on other free trading platforms out there.

This includes popular indicators like moving averages, Bollinger bands, volume, candlestick charts, MACD, RSI, and more!

The Verdict

Overall, Webull has great features for both the fundamental and technical oriented trader or investor.

Webull Review: Platform Highlights

• 100% commission free trading.

• Webull is our #1 recommendation for active traders, however it might be overwhelming for a complete beginner.

• Full premarket (4AM-930AM) and after hours (4pm-8pm) sessions

• Easy access to margin.

• They offer a free trading simulator where you can practice with fake money.

• Research oriented platform with many advanced features. (Charting indicators like VWAP, RSI, MACD)

• Free IRA retirement accounts.

• 2 FREE STOCKS! (If you use our link below)

Grab your 2 free stocks here or click open an account below !!!