• expired

Sign up & Fund Any Amount into Your Account and Maintain 30 Days, Get 20 Free Fractional Tesla Shares Worth $200 @ Webull

5341

EXTENDED FOR 48 HOURS!

Ending 17 Nov 2023! Time to sign up if you haven't or complete application and/or funding!

You need to sign up using an eligible referral link, can click from the pool of links from end of this post. An eligible referral will look like this in the Webull App

For the referee:
Fund ANY amount and get 20 free fractional TESLA US shares $10 value each, total value $200. Use a invite only referral and receive the 20 free fractional TESLA shares after holding initial deposit for 30days. A 1 cent deposit is all that’s needed.

For the referrer:
Upon a successful referral, you get 20 fractional TESLA shares with the above values. Limited to ten referrals.

Terms & Conditions(webull.com.au)

The Reward Programme:
Reward 20 Free US Fractional Shares each valued at AUD$10 each.
• Participant has an existing or opens a new individual account via the inviter unique referral link within the Campaign period.
• Deposits an initial deposit of any amount (or the equivalent in USD) must successfully arrive in the Participant’s Webull Australia individual account within the Campaign period.

• Participants must maintain the initially deposited funds in their Webull Australia individual account for a minimum period of 30 days.

Screenshot of new promo from Webull app:

https://ibb.co/9NmPtms

As the referral code might be invalid/old. If it looks the same as above, then your in luck!

Referral Links

Referral: random (1074)

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
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closed Comments

  • Does any one know if the 10 referrals count as successful referrals or the first 10 invites?

    • I was looking at the wording of the T&C's last night specifically about that and I am pretty sure it relates to "applied and funded" invites counting towards to the 10. But I could be wrong.

    • Until funded then its considered 1 successful referral.

  • Damn… 2 referrals off OzB!

    Also, has anyone else's referral link changed throughout this promo?

    • Mine seems to be new link :( someone is funding the existing one still. I hope it still works.

      • Every time when you generate a link it creates a new one.

      • It will work if he/she funds

  • app looks ok to me

  • I was only given 10 shares :-(

    • +1

      10 now 10 later after a month

  • One of the people I referred, got a letter saying they are registered with ASX -> CHESS now; but they don't have any CHESS holdings via Webull, its through 'Finclear Services Pty Ltd' - and on research that is Webull's related-entity link - did they tick something they shouldn't have during the sign-up process, or is there a way to de-register them from AU trading? As they just did this for the free tesla shares :D

    • I received the letter too. Not sure what i have ticked.

    • From memory, when u registered, there's a checkbox whether u wanted to trade AU, which was ticked by default. Not sure if u can untick it. Also, there's no harm to have HIN that u don't use, there's no tax obligation or anything like that.

  • -2

    Update your referral links ! new referral codes for the 48 hours —- will there be a reset so that there's no dead end links?

    • +2

      Doesn't matter… Each time you click the ref changes try yourself….

      • That's interesting. So when this bonus period ends, do you think we can just keep our existing referral codes on ozbargain and no need to update them?

        • +1

          Correct. Occasionally the list is purged and all members need to add their link again.

  • How do you find more deals like this? I signed up and 5 successful referrals, easiest money made!

    • +1

      Wow well done on 5 referrals, all via Ozbargain? Have you done Moomoo, Tiger Brokers?

      • None on Ozbargain, all family.

        Thanks for the tip on Moomoo and Tiger brokers, will look them up. Have an account with Tiger and think their referral bonus is pretty small.

        Edit: Tiger is a $50 USD bonus, but person you refer needs to deposit $500 AUD.

        • +3

          wait until they have a better promo, hopefully at some point in the near future

        • Nice to have family who signs up :)

          • +1

            @lilkid28: Yeah I got my wife and daughter to do it. But I had to make them and do it for them basically.
            Nobody else in my family wanted to even try. They all said it will just be a scam ;)

            • +1

              @choofa: Yep, heard that many times…

          • @lilkid28: nice to have entire family data sold to black market :)

    • $1680 if you held them to today.

      • Depends on when the referral came through. Recent ones gotten 0.028 share even.

        • You wot. Ripped off.

  • Deal ends Friday now

  • Has anyone previously closed a Webull account and reopened a new one for a new deal? does it work?

  • ING bank doesn't show up in pay to… Have to do bank transfer?

    Edit* bank xfer went through instantly w/ osko.

  • Signed up using a random referral link, jumped the hoops, popped $1 into the Webull account.
    I remember clicking My Rewards, To be claimed, and claimed the 10 shares, however, when I now clicked the Webull logo at the bottom centre, it shows my assets as AU$1, obviously the 10 shares ain't there :(
    When I click into My Rewards now, I can see there are 10 shares under "In transit" with expected delivery date of 1/12/2023.
    Does this mean they will only give me 10 rather than 10 now + 10 in 30 days time? Or will the 10 in 30 days time appear around 15th or 16th December?
    Cheers.

    • 10 in 30 days time to claim

      • Cheers, this will make me sleep better!

  • I've transferred $1 and revolut said that Webull has received the funds but it's not showing up on the app after a few hours….weird…..

    Hopefully it arrives soon

    Worked with 1cent CBA

  • +1

    I used someone's referral code. Only got 4 shares :(

    • +1

      Might want to contact CS because that's what happens when the referral click-through didn't register

    • Pray for it to be… or hope for another extension

      • Original post got accidentally unpublished.
        But my account got approved within 20mins, was able to deposit $1 from CBA immediately and was able to claim 10 shares immediately.

        • Good on you!

          • @lilkid28: So uhh… where are the shares? In my assets page, it says I only have $1 cash.

            • @talismansa: Claim them, it will be in transit, wait 7-10 days, it will be in completed and in your portfolio ready to be traded.

  • Damn ! Felt the deal got closed a few mins earlier. I was looking at the stop clock and had someone awaiting approval of application. That’s shit

    • +1

      They waited too late to apply!

      • Ya funnily they submitted funds but I guess was too late ! I didn’t receive anything for referring and I don’t think they did too.

  • Signed up 2 weeks ago, got the first half of the signup bonus in my account now.

    Can i sell the promo shares now and withdraw everything except the initial deposit? Or will that cause me to forfeit the remaining promo shares to be issued on day 30?

    Can’t find any clear info on this.

    • +1

      You need to keep the initial deposit in your account for 30 days to get the full amount of reward shares.

  • Newbie question: where do you see the bonus shares? I signed up last week and already claimed 20 shares but couldn't see it anywhere on the app.

    Or do they take some times to land into the account?

    • +1

      If you check rewards tab it will say in transit and ETA

      • +1

        ok I see. I thought once claimed, it will be available.

        so looks like till end of the month.

  • one lot of 20x TSLA i got from referring a friend just settled.
    but each of them is only 0.030 not 0.032 as previous lots. and yes i verified my total under asset tab, i have 1.56 TSLA not 1.60 (if all are 0.032).
    also statement showing 0.030 each.

    • +2

      Correct. The exact fraction of TSLA you receive is determined at the time you claim your rewards and is based on the current market price at that time so you receive ~USD$6.40 of it. Fractional shares have always been determined this way.

      The TSLA share price had increased significantly since the start of the promotion hence the smaller actual fraction of a share you receive to equal that USD$6.40.

      • ah i see… so could be smaller than 0.03 next week. cheers

        • If people still have unclaimed rewards from this deal and they claimed them today then yeah they would be approx 0.028 each.

          But of course next week the share price could go up or down.

          • +2

            @wavesgreen: Ahh bugger, I didn't see this comment and claimed the remaining x10 and it came through as 0.027

  • +4

    It’s been a month but I still can’t see the second 10 shares anywhere on the rewards page. Do they just show up at some point or has something gone wrong on my account?

    • +2

      Just got them today. Claimed and in transit now

      • Did you sell your first 10 fractional and keep your initial deposit in your acc?

        Or did you hold the shares for the whole 30 days?

        • not sell, keep, hold

        • I also kept deposit and held shares. Still nothing :/

          • @lars06: i just checked i opened and made deposit on 1/11 and got the last 10 shares on 1/12

    • Update: my 10 shares just popped up and I have now claimed them. Definitely delayed but at least they came through after I contacted support

  • +7

    The expected delivery date of some of the shares was 2 days ago, but still havent received them, anyone knows why? (Talking about the ones already in transit that were supposed to be delivered the 30/11)

    • Same for me……

    • +1

      Support said they're delayed due to US holidays (thanksgiving??) and to wait 2-5 business days

      • +1

        Hmm thanksgiving was over a week ago, bit weird. Some of mine are now 6 days past expected date. I know it's not a scam, but really hoping they clear before the friends I told about it start asking questions haha

    • Same here also 30/11 and still haven't receive it yet

    • My last batch had an expected delivery date of 28/11 and they arrived on 24/11, which while earlier than expected was actually 4-5 days longer than they usually clear. So I think approval times might well be blowing out.

    • +4

      Same here…6 day stuck in transit delay. I should’ve received my remaining 10 to claim 4 days ago too.
      Does make me think twice about dropping my own cash in to trade on the platform.

      • luckily didn't go for the deposit promotion, i thought something was off

        • I'm glad I held off too.

    • Same

    • Same here…

  • Same, had some expected for delivery on 1st December , still waiting

    • Same here as well. Emailed support and get the standard "please wait 2-5 business days"…

      • +1

        I've sent them three service tickets, here is the response from the last one:


        We sincerely apologize for any inconvenience caused by the delay in the arrival of your reward.

        Please rest assured that we are actively working to rectify the situation and ensure that your reward will be credited to your account within 1-5 business days. We have escalated the matter within our team to expedite the process.

        We understand how important it is to receive your reward in a timely manner. To prevent such issues from occurring in the future, we will be conducting a thorough review of our processes. This will allow us to identify areas for improvement and implement necessary measures to ensure timely deliveries going forward.

        We value your satisfaction as our customer and would like to express our gratitude for your understanding and patience. If you have any further questions or concerns, please don't hesitate to contact our customer support team, and we will be more than happy to assist you.

        Once again, please accept our apologies, and we will do our utmost to ensure a swift resolution.

        Thank you for your understanding.

        • +5

          I’ve received the same. Sounds like they’re manually working through the ozbargained backlog of bonuses. I did manage to claim the other 10 today from my own registration. Will be cashing it all out and deleting the app shortly after lol.

          • +1

            @Bobbyblue: How did you claim the last 10 back, i'm still waiting for it, they were supposed to arrive after 30 days from the day of deposit.

            • @Bullish01: The last 10 to claim appeared in my rewards (I experienced a 5 day delay with these). Still no sign of my remaining stuck in transit referral rewards which are now hitting the 10 day delay mark. Terrible SLAs.

              • +1

                @Bobbyblue: Here is todays response:

                Our team is still working on the issuance. The free stocks are anticipated to land in account this week. We will try our best to deliver the free stocks as soon as possible. Thank you very much.

                • @11112007: Imagine sending 4 messages to support and getting back a “we will try our best”. Hopefully the sell/exhange/cash out experience doesn’t become a guessing game.

                  • @Bobbyblue: Haha yeah. I know it will come eventually, just keen to see how they respond to my messages each day haha

  • +4

    I've now had 20 shares with an ETA of 30/11 move to "Completed". So things are moving behind the scenes.

  • +4

    Update, I've just received my 20 shares now, from the 30/11 expected date.

    • +2

      Yep me too, still waiting on some from the 1/12 and 2/12. I'm guessing (hoping) they will probably come in tomorrow and day after.

      • +3

        Same. Still 30 in transit

    • Thanks for the update guys!

  • +2

    Are you guys all supposed to have 10 in transit and 10 completed?

    I only have 10 completed but nothing else in transit?
    There was no other button to claim the other 10 and I've deposited money into my account too?

    • +1

      Relax bro just wait you get another 10 after a month or later

      • Ahhh okay, I wasn't sure as other people said they have 20 already :/

  • I have sold my shares yesteray it is showing under total cash:Aud $$$, bit nothing under available to withdraw. Can you please help me to know process how to withdraw to bank account?

    • +1

      Assets home screen>Detail (Top Right Button)>Exchange USD to AUD (Scroll down under total cash)

      To withdraw to your AU bank, you’ll need to exchange to AUD as the shares are US currency based.

      • Thanks for your reply, followed your steps, but exchangable cash US showing as $0. May be it will take couple of days to fully settle.

        • Yep likely your sell position needs a few days to clear.

        • +1

          Settlement period for all trades is 2 business days as standard.

  • Any tips for how to record this for CGT purposes? How can I work out the exact date and price of the fractional shares received?

    • +1

      Someone previously mentioned they called the ATO to ask and your cost base isn't $0, it's the value of the shares on the day you inherited them. So if the day it's given to you it's worth exactly $10 and you sell it for $11 you'll have to declare $1 capital gain. If you sell it on a day where it is slightly under the $10 then you technically have a capital loss but you don't have to declare that if you don't want. That would be the simplest for tax purposes.

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