This was posted 1 year 1 month 7 days ago, and might be an out-dated deal.

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Sign up & Fund Any Amount into Your Account, Get 12 Free Fractional Shares Each Worth US$8-US$100 @ Webull

1270

must use referral system

New wave of the existing promotion that ended on the 31st of march, sign up and deposit $0.01 or more, receive 12 shares.

it seems webull has caught on to the popularity of their last offer haha

Available stock and USD value

US Stock USD Value
Tesla $8
Apple $20
Amazon $40
Google $100

Select Clauses from Terms & Conditions

1.1 Definitions

The following definitions apply to this Campaign:
• Inviter: means the holder of an active Webull Australia individual account (an existing client) who has shared their unique referral link gained from their own independent access to the Promotions page with another individual.
• Invitee: means an individual that has not yet registered for a Webull Australia account and who has received a unique referral link from an Inviter, to sign up to be a Webull Australia registered user via the website navigated from the unique referral link.
• Campaign Period: means the duration in which the campaign is active, as may be amended by Webull Australia from time to time.
• Participant: means a person who holds a client account with Webull Australia, meets all applicable requirements for a campaign and participates in a Webull Australia
campaign.
• Referral Reward: Refers to the reward outcome for the Inviter and the invitee.
• Successful Referral: Refers to an Invitee who satisfies
all the requirements of funds any amount within the campaign period.

1.2 The Campaign Period

The Campaign will run from:
• 16:00 AEDT 31 March 2023 to 15:59 AEST on 14 28 April 2023 (expiry extended)

1.3 Campaign Eligibility

This Campaign is only applicable to:
• Existing Webull Australia Individual Account holders aged 18 years or above,
• The Participant must be an Australian resident,
• Webull employees, representatives and agents are not eligible for this Campaign.
• Unless otherwise stated, participants of this Campaign may also concurrently take part in other campaigns and promotions organised by Webull Australia.

1.4 What the Campaign Entails

The "Referral Programme Campaign' is a promotion which entails a reward programme that are open to existing clients only of Webull Australia to be provided the opportunity (not mandatory) to refer their friends or family to Webull Australia.
The Standard Referral Rewards:
12 Free Fractional Shares each valued between US$8-US$100 for each successful referral.
The following conditions apply to this Programmes:
• Participant must be a fully onboarded client before participating in this Campaign where the Participant is then deemed an existing client;
• A Webull Australia existing client ('Inviter') refers a friend ('Invitee') to open an account with the firm. The number of referrals for the Inviter are limited to 10 referrals only.
• Upon the Invitee successfully:

a. Opening a Webull Australia account using the unique referral link received from the Inviter;

b. Fund any amount within the campaign period.

c. The invitee's first deposit time is 30 calendar days from the date of successfully opening an account with Webull Australia.

Upon items (a)-(b) being completed the Invitee becomes a Successful Referral and the Inviter's Webull Australia account will receive 12 free fractional shares. (The Referral Reward')

Referral Links

Referral: random (1091)

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.

Related Stores

Webull
Webull

closed Comments

          • @rubenastley: Mine were actually delivered 6 days before the ETA. Originally 25th April, but all came through on the 19th April. So you might get them earlier than the ETA.

  • +1

    Received 29 x TLSA shares and 1 x AAPL

  • 5x TLSA 1x AMZN so far

  • 30x TSLA! A cool $360 AUD for 15 mins effort.

    • Congrats!

    • How did you get 30 TSLA?

      • +1

        Opened account (6x) - should be 12, actually…
        Referred my partner (12x)
        Referred my brother (12x).

        If I count my partners allocation and adjust mine to the correct rate then should actually be 48 shares. (570AUD)

        Ok combined effort is more like 30 mins not 15 hah.

        • +1

          Good stuff mate! Welcome to the WeBull referral club!

          • +1

            @Cjdanger: I'm envious of all you people with willing friends; in fact, any friends. I've largely received tumbleweeds in response.

            • +3

              @Charlie Dont Surf: Friends!? I've been getting my referrals by selling kidneys lol

            • @Charlie Dont Surf: I can't convince my friends or family to do any referrals, no matter how easy and lucrative.

  • +1

    Thanks random link generation, 24 telsa shares already!

    • Nice haha how did you get 24 and not 6?
      Thanks for helping me out last time too :)

      • +1

        2 x 12 refferals. Seems legit they came from 2 different numbers.

    • +4

      Man, I was the person who had webull added in to the ozbargain referral system and you've got more than me.

  • Got two ozbargain referrals pending, just waiting for deposits.
    So PSA:
    Go check if your account has been approved so you can deposit pending people!

    • How do you see pending people? hopefully someone gets my referral in the pool

      • +1
        1. Go to Menu
        2. Under the promotion center, you'll have a banner ad that says double referral rewards, tap on it
        3. Top right of that screen, tap on the button that says My Invite
        4. You'll be able to see your referrals here
        • +1

          Thanks thanks:)

  • +1

    Not that the amount would matter, but would this have tax implications? CGT?

  • Is the earnings from this subject to capital gains tax as you're selling the shares?

    • These offers are counted as a gift.

      So capital gains only if you gain the share when the share is worth $1, then sell its at $2 - thus your CGT would be $1.

      • +1

        I think he/she might be wanting to know about the cost base for these shares. The ATO says this about gifted shares:

        If you receive shares as a gift, you treat shares as though you received them at their market value on the date you received them.

        So it's worthwhile taking note of the market value of the shares on the day they land in your trading account. You can generate a statement (monthly etc) from their platform to help with this.

        If you're going to hold on to these shares rather than just a quick pump-and-dump, any ongoing income (dividends) will need to included in your tax return. There will also be some online forms that Webull will/should ask you to complete by virtue of holding US shares.

  • +1

    Thank you OP! I received 6 x $8 Tesla shares. awaiting for the next bonus 6. hope can get some random referrals.

  • What's the Webull KYC / Sign-up process like? I really don't like the selfie holding an ID trend

    • +1

      License/Passport image, proof of address (recent utility bill etc) image, selfie not holding anything.

  • +5

    Here are some things I've noticed during this process that you may find helpful. This is based on my experience, and others I know or have read about.

    1. The 2nd batch of 6 share rewards seem to be added to your rewards around midnight to 1am approximately 15 days since your signup or deposit. You should receive an email when they are added.

    2. Rewards are converted into stocks and added to your trading account typically between 5PM-7:15PM. It can range from a few days to up to 10 or 11 days for this to happen. I'm still waiting on a few that had an estimated delivery date of 31/03.

    3. Add your bank account details with a statement with your full name before you are able to actually withdraw. This will save you time getting the bank account linked when it comes time to take your money out.

    I hope this helps!

    • Yeah, last round it seemed they were on the clock 24 /7 but all of my referrals this round were recognised between that time frame you stated.

      • +1

        I messaged support again about the rewards that were estimated to go into my account on the 31st of last month. On Sunday they said 1-2 business days, today they said within another 3 business days…

        I'm confident they'll come through, as I've already withdrawn a substantial amount of reward money from the platform. It is a bit annoying though lol

        • +1

          Got em :)

  • Did anyone else get a referral link that doesn't work?

    • +1

      I mean, I used a random referral from link above and got 6 shares instead of 12. Then my referral link takes everyone to error 404 - Page Not Found.

      • I just looked for my link again and it's changed to a different one that works now. I still only got 6 shares rather than 12 though.

        • +1

          Maybe reach out to support to ask about the 6 received instead of 12. There are a few people reporting this happening (if not everyone)

  • +1

    Each time I go to copy my referral link, it seems to change. Is this happening for everyone else? Is it a unique link being sent to each person? Wonder what it means for the one I have stored here on OzB - is it dead?

    • +1

      In my experience each referral link generated still works. Have you tested your old referral link?

        • +1

          You can access your entered referral into ozbargain by going into your user profile. Throw that URL into an incognito browser and see if it works. It should :)

  • How many referrals do you need?

  • +1

    My referral has 2 addiitonal clicks in last 2 days but nothing has tracked so far

    • +1

      Clicks without sign ups are such a tease!

      If they entered their phone number in after clicking on the link you'd be able to see it instantly.

  • Do webull still valid when referee is oversea?

    • 1.3 Campaign Eligibility
      This Campaign is only applicable to:
      • Existing Webull Australia Individual Account holders aged 18 years or above,
      • The Participant must be an Australian resident,

    • My friend is an aussie citizen and he is in the USA right now for work. He signed up easy peasy.

      • +2

        Yes if someone is an Aussie resident but overseas in the short-medium term, it would be possible to particpate. But beyond that, the proof-of-address requirement might be hard to overcome.

  • +1

    Got 10 TSLA, 1 AAPL and 1 AMZN from a recent referral. In the previous month I got 27 TSLA. Made about $460 so far. Pretty good with minimal effort. All my referrals are through here.

  • How do I add my referral link into the ozbargain random generator?

    • +2

      Go to the referral link near the bottom of this deal and click edit. Assuming your logged in.

      • Cheers

  • got 6 tesla! Thank you!:) another 6 soon

  • +3

    Pro WeBull tip #4
    They have a customer service number you can call. It surprised me when I found it on the website as I couldn't find it on the app.
    https://www.webull.com.au/help/faq/1356-The-FAQ-doesn-t-answ…

    1300 545 899
    Monday - Friday 08:30am AEDST to 18:00pm AEDST

  • No one used my referal code:(

  • +2

    Referred by an ozbargainer and got my 6 TSLA. Now to convince a friend…

  • So am I right in reading that getting 6 for signing up is an error and will be fixed?

    I got my wife to sign up and that got me another 12 but she also only got 6

    • +1

      they will get 6+6 in another 15 days. But correct you get 12 instantly for referring someone.

      To sum it up. The referrer (you) receives 12 shares when the referee(your partner) signs up but the referee (your partner) gets 6 instantly and another 6 for maintaining those shares for 15 days but still a win win! :)

  • A few days left!

    • +1

      Could very well get extended (in some form). From memory last year Tiger extended the Apple share offer a couple of times. Doesn't matter too much for me, I've scored a big fat zero!

  • 11 people have used (well, "clicked" randomly) my referral link, yet I have only had referral shares gifted to me ONCE. How strange. Must be lots of people not following through.

    • 11 clicks is a lot! You can check your referrals and their progress in the app.

    • +1

      Haha yeah people don’t seem to like following through, I’ve gotten 27 clicks and only 4 shares gifted 😢

      • +2

        27 clicks!?! Shame they didnt follow through :(

      • Out of interest…is an individual referral link by Webull changed/generated for a user after each promo? Or is it randomly generated each time you request your referral link?

        • +1

          Typically generated each time a link is requested, although all previously generated links will still work

      • Where do you see the clicks?

        • +1

          Where your referral link is located on your Ozb referrals page. It'll only show if you have already entered your referral link.

  • +1

    6 TSLA credited today! Hopefully 6 more to come in a fortnight. Now to convince people to accept my referral….

  • Is this a fixed dollar value you receive or a fixed fractional share amount? Ie if I keep these share fractions in the account will the value fluctuate with the market or will I always have $8 worth of a Tesla share? TIA

    • +2

      0.05 of Tesla that fluctuates with the market. Fixed fractional share

  • +5

    To summarise what you need to do:
    * Open an account with a referral link (you need to provide proof of address such as a bank statement and ID)
    * Wait a few hours after applying to get an approval email
    * Deposit any amount of money eg $1 by bank transfer
    * You will then receive 6 free shares (I received them within 10 minutes as my payment went through as a fast payment)
    * You need to keep the money ($1) in your account for 14 days
    * On the 15th day, the remaining 6 free shares will arrive
    * Sell your shares and withdraw your funds

    And this deal expires tomorrow - although better to do it early as they take a few hours to verify your account.

    If you are struggling to find how to deposit money, these are the steps:
    1. Tap the Webull logo at the bottom of the screen
    2. Tap 'Transfers' at the top of the screen
    3. Tap 'Deposit'
    4. Select your preferred deposit currency >your unique account number and reference number will be displayed.

    • Slight edit to this:
      You don't need to wait to sell your shares. You will still get your 2nd batch of 6 shares as long as you don't withdraw.

      Support informed me of this during last month's promo and I would assume it would still be the case.

      • +1

        Thanks. I should have made it clear that you could sell your shares immediately if you wanted. I thought it would be easier to wait to get the second lot and sell them all together. I can't edit the post now.

    • I dont see the Webull logo, how?

      • It's the one in the middle next to markets

        • I know how it looks like but that button is just missing on my app

  • +1

    For everyone still trying to ride that high of free money, moomoo has a similar referral offer too. You have to get a bit lucky to get as much as this WeBull offer but it's still good!

    The sign up process is easier than WeBull, though you need to complete 1 trade to get all of the 5 rewards. I just made my first deposit $15, exchanged it to USD and bought and sold 1 penny stock (AMC). Alternatively you can wait for your first 3 rewards to clear, sell them, and then buy and sell another stock.

    • Did you use a referral code to join?!

      • Yup! Gotta use a referral, and gotta make sure its a new one as their codes and offers change.

  • I have refered more than 30+ people with different account. got 4k so far. want to hit top 5, then get extra bonus

    • -1

      Good luck mate!

  • How many u got so far on this campaign?

  • +2

    Looks like the offer has been extended to the 28th of April!

    • Yeah sorta expected this, they did it last time too

      • Agreed, are we able to update the deal so it doesn’t automatically expire?

        • +1

          Yeah I put in a mod request should be good

          • +1

            @90PercentOffOrBust: I reckon the pig-trough on OzBargain has probably come to its natural end. Everyone who wanted to join, has joined. And this thread has drifted way down beyond Page 5. With a bit of luck, someone might still pick up some additional crumbs.

  • I can't take a valid photo of my ID because there are shiny watermarks all over my licence, Stupid government.

    • Camscanner app, and PDF it.

      • I can't do that, they have their own proprietary crap that you have to use to take a photo. Aholes rejected my KYC. I hate these system so much. I Always end up just giving up, not worth the hassle, absolute waste of time.

        • Sure? I uploaded from an album, if my memory hasn''t failed me.

  • +2

    I tried to invite everyone I know, no matter who is, friend, neighbor, work mate, family, social media stranger. I am addicted into this, please help me

    • +1

      My best advice mate is to not bother with the top 5, last month people swooped in the last few days and got insane amounts of referrals. Just get your max and then wait until another promotion.

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