This was posted 1 year 3 months 28 days ago, and might be an out-dated deal.

Related
  • expired

Free US$40-US$150 Worth of AAPL/AMZN/TSLA/AMD Shares with Sign-up, A$100 Deposit & 1 Trade within 30 Days @ Webull Australia

250
Free US$40-US$150 Worth of AAPL/AMZN/TSLA/AMD Shares with Sign-up, A$100 Deposit & 1 Trade within 30 Days @ Webull Australia
Go to Deal
watwatwat on 04/01/2023 - 13:45 webull.com.au (364 clicks)
Last edited 05/01/2023 - 23:59 by 2 other users

Webull (competitor to Robinhood in US) have now launched in Australia.

Free Fractional Shares valued between US$40-US$150

  • Participant has an existing or opens a new account with us within the Campaign period;
  • Deposits an initial deposit of a minimum of AUD$100 into the Participant’s Webull Australia account within the Campaign period;
  • The Participant executes at least one buy transaction in US shares, ETFs, or Options ('US Securities') within 30 days after the deposit.

Upon completion of all items above these accounts will be entered into a draw with the opportunity to receive free US shares (by way of fractional shares) in any of the below listed US securities worth between US$40-US$150:

Name of US Stock USD Value
AMZN - Amazon $40
APPL - Apple $150
AMD - Advanced Micro Devices $60
TSLA - Tesla $100

If using referral, user gets $40-$150 USD of stock and referrer gets $30-$150 USD of stock for referring.

You can also get 90 days of free trading by executing 10 trades in the first 90 days.

To execute the trade, I've found it needs to be during either market open hours or extended trading hours, which currently ends midday in Sydney time. And then starts again at 8pm.

ie. "Pre-market hours are 4:00 AM - 9:30 AM EST and after-hours trading is 4:00 PM - 8:00 PM EST. "

Referral Links

Referral: random (1132)

From 6:00pm 29/4/2024 to 5:59pm 31/5/2024.

Referee: Sign up, fund minimum A$200 within the promotion period to receive A$50 worth of Tesla fractional shares, three A$10 worth of US Securities Trading Vouchers, and two A$10 worth of US Options Trading Vouchers.

Referrer: Limit of maximum 10 referrals. Referrer will receive A$50 worth of Tesla fractional shares after Referee deposited qualifying amount of funds.

Financial Investment Share Trading

Related Stores

Webull
Webull

closed Comments

  • nahkk on 04/01/2023 - 13:49
    +1

    Some concerns raised https://www.reddit.com/r/AusFinance/comments/10099ol/webull_…

    • watwatwat on 04/01/2023 - 13:53

      "Dude you still haven't shared the exact date you sent the money. Assuming you didn't use RTGS or Osko to make the payment, have you considered it might still be 'in transit'?
      "

      If using osko, the deposit should be instant.

  • ilovefullprice on 04/01/2023 - 13:55
    +1

    Looks like no min spend required for the executable trade:

    Deposit AU$100 or above and execute at least 1 buy trade in US Stocks or Options to get
    + Free Fractional shares valued US$40-150

    Anyone knows how the US$40-150 will be determined? Random?

    • watwatwat on 04/01/2023 - 13:56
      +1

      I think this is true and that I received the bonus after my first trade of a ~$5 stock.

      Anyone knows how the US$40-150 will be determined? Or random?

      It seems to be random. I think it's similar to Stake's random stock promotion.

  • caustic birch on 04/01/2023 - 14:14

    No credit check or anything?

  • AustriaBargain on 04/01/2023 - 14:14
    +3

    $100 in Apple shares 20 years ago would be over $50,000 today.

    • Bdawg on 04/01/2023 - 14:35
      +9

      Past performance is no guarantee of future performance.

      • AustriaBargain on 04/01/2023 - 15:26
        +1

        If the same growth in value happens over the next 20 years then Buffet/Berkshire is going to have over 50 trillion dollars worth with his 5% share in Apple.

    • ilovefullprice on 04/01/2023 - 15:26
      +1

      $100 in Bitcoin 10 years ago would be $125,000 today.

  • Top G on 04/01/2023 - 14:42

    TSLA 😱😱😱

    • TimeOrMoney on 04/01/2023 - 14:49

      puts

      • watwatwat on 04/01/2023 - 14:52

        But will you buy puts after the stock is already down 72% in the last year?

        • TimeOrMoney on 04/01/2023 - 14:59

          *not financial advice

      • zsygym on 04/01/2023 - 14:55
        +1

        Which platform would you recommend for trading US stock options? I remember years ago we had optionsxpress, thinkorswim etc and then they all decided to ditch their Aussie customers…

        Is IB still the best option out there these days?

        • Monsta-AU on 06/01/2023 - 15:11

          IBKR or TradeStation. There's a few others that accept Aussies.

          You can do options on Schwab if you sign up as an international customer, with the added benefit of it being a full-service, $0 brokerage. The only issue there is no purchasing fractional shares. They did buy out TD Ameritrade so there is talk of thinkorswim coming back under Schwab and providing fractional trading for international customers.

      • a1234my on 04/01/2023 - 15:03

        Webull do options ?

    • Bdawg on 04/01/2023 - 15:12
      +2

      I sold tesla for about 1200% profit, wew! Tempted to jump back in. Not that tempted though.

      • AustriaBargain on 04/01/2023 - 15:27
        +3

        I'd be tempted to short Tesla if I had money to spare. Musk has a lot more feet to shove in his mouth yet.

  • Looking4Bargians on 04/01/2023 - 14:54

    Question: if you are investing in Stocks/Shares first time . Do you need to deposit or spend $500 on your first trade? Can you start the trading with a little as $100 -$200?

    • Seisei on 04/01/2023 - 15:02
      +2

      If trading on the ASX with a CHESS sponsored broker, $500 is the minimum for any stock you haven't bought before. Otherwise there is no minimum.

    • watwatwat on 04/01/2023 - 15:03
      +2

      For this particular promotion, you could deposit $100 AUD and buy a stock for $1 if you wanted to.

      I think the $500 minimum is a general rule applying to only Australian shares on ASX if it is the first purchase of a particular security. ie. you want to buy company X and shares are $1 each. Then you buy $500 in your first trade and then your next trade can be $1. Then you'd own $501 total, for example.

      • Looking4Bargians on 04/01/2023 - 15:17
        -1

        Thanks. And if i need to invest in US Stocks ? Via Stake or SelfWealth? Is there any minimum first investment there?

        • kaal on 04/01/2023 - 15:54

          There is no minimum spend on stake for US shares. I don’t have selfweath so not sure about that.

          • quog on 04/01/2023 - 17:41
            +1

            @kaal: The difference that people forget.

            In Australia as you own the share under your own shareholder number.

            In these types of platforms you are a piecemeal owner of the right to a portion or whole numbers of a share owned by the platform (or even a related entity) - need to read the t&c's

  • JHoliday on 04/01/2023 - 16:56
    +1

    Bit of a painful process to open the account. Now waiting for it to be verified. How long does it take to receive your bonus after making a trade?

    • quog on 04/01/2023 - 17:47

      Could you tell us what info they wanted?

      • JHoliday on 04/01/2023 - 18:37
        +3

        Asking about company name that you work for, department, position, driver's license number, photo front and back, then has to ID your face. What kind of experience you have with trading, what kind of trading you want to do on the platform. Pain in the ass.

        • MiscOzB on 05/01/2023 - 20:57

          Yeah that was a bit of a marathon process compared to eToro and some others I've opened recently…

  • Utsav23 on 04/01/2023 - 16:59

    When we can withdraw the money? Is it instant or do we have to wait for sometime

  • BargainBenno on 04/01/2023 - 17:20

    So after 90 days the fee for stock buys is 25 cents per 1000 transacted.
    What the story with funding? Can i do a bank transfer with wise? Or do they allow transfers in aud?

    • watwatwat on 04/01/2023 - 18:48

      You can do bank transfer of AUD to their Aussie receiving end.

  • Boogerman on 04/01/2023 - 18:11

    Do they offer OTC trades?
    I really, really want to buy BYD (BYDDY)

    • superbass on 04/01/2023 - 21:07

      BYDDY is there.
      Trade only. No option in on BYD

  • watwatwat on 04/01/2023 - 20:37

    Has anyone received anything other than $40 of AMZN?

    • superbass on 04/01/2023 - 20:57

      I think you are the only one who had actually managed to sign up, deposit cleared, and made a trade.
      I just tried now, sign up and validation was relatively quick.
      Deposit is NOT instant as JP Morgan doesn't have OSKO as it seems. (Webull's AUD deposit bank)
      I assume I can trade US account from AUD account like most.
      I will update once or if I get my bonus.

      • watwatwat on 04/01/2023 - 21:29

        I signed my partner up and she deposited instantly through ing direct and it showed as an osko payment. Then funds appeared in account very shortly thereafter.

        I assume I can trade US account from AUD account like most.

        I'm not sure. I tested with first coverting $30 aud (which is minimum) to usd, then bought $5 stock and bonus was instant.

        If someone finds a way to auto convert, please post it here.

        • superbass on 04/01/2023 - 21:34

          Thanks. I will once the funds are cleared re: covert AUD and USD. Must be NAB holding the payment for security reasons.

        • flagger on 04/01/2023 - 22:33

          Did you have to upload proof of deposit? I get a "cannot enter a date later than today" error. I too did a deposit through NAB and it was not instant even though the transaction says osko was used.

        • JHoliday on 04/01/2023 - 22:50

          Didn’t you say in the post above you only need to deposit $100 and then do a $1 trade?

          So we have to convert $30 minimum or $1?

    • Bigboy97 on 05/01/2023 - 15:02
      +1

      Think everyone here got Amazon unfortunately…

  • JHoliday on 04/01/2023 - 22:45

    How do I know once the funds are cleared? Will they show on the Assets tab? Paid with ubank which said it was instant/osko. Also trying to click on ‘I complete my transfer’ button and upload screenshot but keep getting error ‘cannot enter a date later than today’. Tried with 3rd Jan and 4th Jan, same error.

    • flagger on 04/01/2023 - 22:48

      Same here with the error.

    • watwatwat on 04/01/2023 - 22:48
      +2

      I kept today's date but set the year to 2022 as a workaround, which was successful.

      • JHoliday on 04/01/2023 - 22:50

        Lol that worked, thanks.

      • flagger on 04/01/2023 - 22:57
        +2

        Deposit came through after about 30 mins. Did not have to upload proof.

        • flagger on 05/01/2023 - 06:58
          +2

          Did my trade (0.1 of AMD) this morning. The reward came through instantly, received USD$40 of AMZN. Expected delivery of the stocks is 12/1/23.

    • JHoliday on 04/01/2023 - 23:06

      So you get a push notification and email when a deposit is received and it does show up in the Assets tab for anyone else who is wondering…

  • JHoliday on 04/01/2023 - 23:11

    Do you need to convert AUD to USD before buying a stock like Apple? I got to the final order screen but it said ‘fractional trading shares can only be placed during market hours.’

    • Ema000 on 04/01/2023 - 23:28
      +1

      I think you'll have to wait until the market opens again at 9.30 am EST

    • watwatwat on 04/01/2023 - 23:38
      +2

      You can buy whole shares during pre-market. For fractional shares specifically, needs to be during US market hours.

      And to buy during pre-market, it also needs to be a limit order, not market order.

  • JHoliday on 05/01/2023 - 09:29
    +2

    Missed out on the normal trading hours so had to buy during extended trading hours.
    Deposited $100 last night.
    Converted $30 AUD to $USD.
    Bought 1 share of NIO (around USD$10.65).

    This should qualify me for the bonus stock right? Does it get added to Assets tab immediately or do I have to wait until normal market hours again now?

    Edit: Looks like in the bottom right of the app (Menu) -> My Rewards, the reward can be claimed there. I got $40 Amazon like most others. It says expected delivery date 12/1?

    • flagger on 05/01/2023 - 10:09

      Correct. You can also trade out the initial buy straight away if you want.

  • MiscOzB on 05/01/2023 - 21:00

    Submitted my application and now waiting for the account to be opened (hopefully in the next couple of hours as the expiry for this promo is actually today).

    Edit: Account's been appoved after a ~10 minute wait.

  • Moomoo AU on 05/01/2023 - 21:29

    Good activity ！

  • watwatwat on 06/01/2023 - 01:06
    +4

    Promotion looks to be extended.

    Referral bonus for referrer got upgraded from $30-$150 USD to $50-$500 USD. No change to signup bonus.

  • MiscOzB on 10/01/2023 - 12:23

    Anyone else not receive the free shares? Deposited $100 and bought some US shares 5 days ago and still nothing…

    • JHoliday on 10/01/2023 - 13:09
      +2

      Go to ‘my rewards’ and check if it’s pending

      Mine came through yesterday

      • MiscOzB on 10/01/2023 - 13:22

        Yep it was there, thanks.

  • Oofy Doofy on 31/01/2023 - 02:22
    +2

    Deposit $100 AUD, convert to USD. Make a purchase as per the instructions. Claim free stock (it'll be AMZN).

    I hope it somehow automated the W8BEN form. Etoro is really good and straightforward about that, super simple. I saw nothing mentioned about it when making a few purchases on Webull. Strange.

  • theg00s3 on 31/01/2023 - 20:32

    Yeah received Amazon as well

  • Mentem on 31/01/2023 - 23:01

    Works really well, quick to open given the process and had to wait 4 days for the shares to show in my account. Reccomended

Login or Join to leave a comment
Login Join