As a new investor, you might be interested in stocks, bonds or any number of asset classes. What if you could get some free stock? Especially stocks that could be pricey at first for new investors? On Webull, you can get free stock by signing up for the Webull mobile app. Once you sign up, you can get your first free stock valued up to $300. After you deposit any amount, you receive two free stocks each valued up to $3,000.
For new investors, free stock functions as a good way to gain further market exposure without necessarily paying for it. You get the opportunity to diversify your portfolio from assets that you might customarily invest in. Despite having access to numerous brokers, why not choose a broker that gives you free stock and helps you in your investment journey?
Investing can sound daunting for many people, but if you’re in it for the long haul, investing in the stock market can bring potential rewards. With dozens of brokerage apps popping up, there’s no excuse to put off getting started with investing.
And because there is so much competition when it comes to apps, one way that many have chosen to differentiate themselves is by offering free stocks to new users. For Webull, all you have to do is create your account to get free stock.
How to Get Free Stock From Webull
In order to get free stock from Webull, you'll need to sign up for the trading platform. The stock value for opening an account can range from $3 to $300 while the initial deposit for free stock promotion ranges from $7 to $3,000.
The promotion stock inventory is made up of U.S.-listed stock with a minimum market capitalization of $2.5 billion. After your account is approved, you will be given stock in the $3/share to $10/share range. If you look at this proportionately, this is approximately 1:1.02 for stock in the $11/share to $50/share range. For stocks in the $51/share to $150/share range, this is approximately 1:52.63. Finally, for stocks that range between $151/share to $300/share, this is approximately 1:10000.
Webull provides brokerage services. The company focuses on zero-commission trading and in-depth market data research services. As a financial company with the customer at heart, the internet as its foundation and technology as its lifeblood, it is committed to synergizing technology with finance by providing reliable, professional, intelligent and efficient products and services. Its leadership has extensive experience in both the internet and financial industries, which allows an efficient combination to optimize the trading experience.
Webull appeals to the mobile-first generation of casual investors with its slick interface for desktop and mobile apps, but the brokerage also delivers an impressive array of tools for active traders. Although its relatively weak educational content may leave true beginners in the lurch and it lacks access to a few common asset classes, it stands out as a top brokerage.
Free Stock to Get You Started With Webull
Webull is a great brokerage for traders at all levels. Its web platform offers an excellent fit with an optimal variety of order categories, decent customizability (workspace, charts) and user friendliness. The well-designed Webull mobile platform boosts strong security with two-step authentication. It charges no commissions and no payout or funding fees for ACH transfers, though wire transfer expenses are higher than those of some of the competitors.
Frequently Asked Questions
Does Webull really give free stock?
Once you sign up with Webull, you receive free stocks. Once you open a brokerage account, you get a free stock that is valued between $3 and $300. After you deposit any amount, you get two more free stocks.
How much do you need to deposit for free stock at Webull?
In order to get free stock from Webull, you need to make an initial deposit of $5 or more within 30 days of signing up to the app. Deposits made after the 30-day grace period are not automatically eligible for free stock.