This was posted 8 months 28 days ago, and might be an out-dated deal.

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Deposit $10,000 for 1 Year, Get $1200 Trade Vouchers ($100,000 for $4,000) | Sign up, Fund $200 & Make 1 Buy, Get $50 @ Webull

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deposit $10k for 1 year and get $1200 - a 12% pa return on top of any investment returns you get parking it somewhere on the ASX

or deposit $100k for 1 year and get $4000 - a 4% pa return on top of any investment returns.
also deposit $200 and get $50 in AAPL shares

make sure your referral link includes this in the details when it opens.

The fine details are in the Terms and Conditions (linked from the referral page, worth reading), but basically:
* deposit $10k before the end of Feb, every 3 months you don't withdraw it you get $300 in Trade Vouchers. The AUD$300 in trading vouchers includes 2 US Securities trading vouchers worth AUD$100 and an Australian Securities trading voucher worth AUD$100.
* Participant makes an initial deposit and taps on the ’Participate Now’ button on the Welcome Campaign landing page in the Webull App within the campaign period.

Regarding the Vouchers, you just need to buy and then sell something worth more than the vouchers and you will get the redemption value back:

• The Participant will be notified by Webull Australia they have vouchers to redeem which can be claimed by clicking ‘Menu’ - ‘My Rewards’ on the Webull Australia App using their individual Webull Australia account login details.
• The free US fractional share(s) and the trading vouchers must be redeemed by the Participant via their individual Webull Australia account within 30 days of receiving the reward. Failure to do so within this period, in the reward will expire and cannot be re-instated.
• After the free share(s) or trading vouchers is (are) redeemed, the eligible fractional shares rewards will be added to the Client’s Account within 15 business days.
• After receiving the trading vouchers, the redemption is valid for 30 days, and only US or Australian securities buy transactions within 30 days after the redemption is accepted.
• Must be redeemed within 30 days after receiving the voucher, or the voucher will expire after 30 days after being issued.
• One Trading Voucher can only be redeemed for one order only. Once the order is selected and the redemption is confirmed, these actions will be regarded as final, and the redemption will be executed accordingly. Once confirmed, the redemption cannot be cancelled.
• Upon redemption, the value of the Trading Voucher or Trade Value, whichever is lower, will be credited into the corresponding Webull brokerage account within 15 business days.
o For example, if the selected order's Trade Value is AUD$20 and the Trading Voucher's value is AUD$100. The amount credited is AUD$20.
o For example, if the selected order's Trade Value is AUD$200 and the Trading Voucher's value is AUD$10. The amount credited is AUD$10.

The the fund $200 get $50 pays out in equivalent AAPL shares, you just need to sell them like all the previous AAPL share rewards posts you'll find previously posted.

Ditto the Trade Vouchers, for more discussion see previous posts.

This seems to be a superset of the previous deal posted here (note the $80 was false, it was $50)

https://www.ozbargain.com.au/node/829101

This isn't financial advice because I said these magic words.

EDIT: I'm not sure how trustworthy webull is, I only just signed up last month, If you think it's a a scam however, please address for me why your investment is unsafe if you just put it in an ASX registered security: if you hold a portfolio of shares through a broker, it's important to understand the regulatory safeguards in place. In Australia, the Clearing House Electronic Subregister System (CHESS) managed by the Australian Securities Exchange (ASX) ensures the secure and transparent transfer of share ownership. The regulatory body, the Australian Securities and Investments Commission (ASIC), mandates that brokers segregate client assets from their own, providing an added layer of protection. In the unlikely event that a broker faces financial distress, these measures are designed to safeguard the ownership of your shares.

It's crucial to note that while investments always carry some level of risk, the regulatory framework aims to protect investors and their assets. The Financial Claims Scheme (FCS) provides additional coverage for certain claims in case of a broker's insolvency, although it may not cover the entire value of your investment portfolio. As always, staying informed about the specific terms and conditions of your broker, along with broader market regulations, will contribute to a better understanding of the protections in place for your investments.

Referral Links

Transfer ETF for trading vouchers reward: random (133)

Referee: Sign-up, transfer-in A$500 worth of ETFs & get 12-month commission free trading of AU/US stock markets.

Referrer: Limit of 10 referrals. Get 12-month commission free trading of AU/US stock markets.

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closed Comments

  • +9

    Pyramid?

    • +5

      Ponzi?

    • Hahaha, I saw this and clicked through to laugh at all the ppl raving about this, and saw nothing but intelligence from the off……Never been prouder of a random selection of minds on a comments thread, great stuff.

  • +6

    a year? bruh

  • +7

    exit scam?

  • +22

    this…is a bad idea.

  • What is the rate of exchange on trading vouchers to AUD?

  • +2

    1 year damn, someone’s got liquidity problems

  • +20

    Webull Corporation is a holding company incorporated in the Cayman Islands

    Lol and it's owned by China.

    More red flags than a Chinese convention 😂

    • +3

      Minus social points for you

    • Angus Talyor owns it

      • +2

        Let me guess he's investing in water rights

        • Yes. From the tears of stage 3 tax cut victoms.

  • +2

    @Silentninja7 Can't believe you didn't send me this promo haiyaaa

  • +1

    An entire year yikes

  • +4

    Yeah, we are totally not closing up shop

  • +1

    Gone in 5..4..3..2..1..

  • Depositing $10K for a year in an exchange, yeah doesn’t sound too promising. The banks are not safe let alone keeping money in an exchange.

  • Uh oh

  • Name say it all..

  • +1

    Not happy with WeBull. They sent me 2 SMS about a deposit offer for free shares, no mention of a 'participate now' button. I went in the app and searched everywhere for something to click to activate, but nothing was there.
    Anyway deposited, waited 2 months, complained, got fobbed off. Glad I made a decent profit back when the referral rewards were good, bcuz stuff them.

    The customer support tried to say my number was never sent the text, and after me persistently providing evidence that I had, they backflipped and admitted sending it and then fobbed me off still.

  • This is a duplicate

  • /Hide deals from Webull, done!

  • +2

    I heard the CEO is a Nigerian prince.

    • +1

      I can arrange a meeting for you with him.
      Just deposit $1000 USD into my account…

  • +1

    Too good to be true to be honest.

  • Bernie, is that you?

  • +1

    Sounds like a scam to me

  • +1

    https://www.webull.com.au/pricing

    How are losses on Investment dealt with?It is important to note that there are risks contained in the money market fund.There is no performance guarantee. As such, you may lose the principal when you agree to participate in Moneybull program.

    just shut up & take my money! oh you did.

    • +1

      Yes all investments are a risk, but thank you for pointing out that the moneybull money market is not a fixed term deposit with an insured bank, it's very much just another financial vehicle. I should probably not call it out as integral to the deal, I just wanted a quick demonstration that you can also get a return on the market, but probably should have just said some other more mainstream ETF like the ASX or S&P500.

      Also, if you hold a portfolio of shares through a broker, it's important to understand the regulatory safeguards in place. In Australia, the Clearing House Electronic Subregister System (CHESS) managed by the Australian Securities Exchange (ASX) ensures the secure and transparent transfer of share ownership. The regulatory body, the Australian Securities and Investments Commission (ASIC), mandates that brokers segregate client assets from their own, providing an added layer of protection. In the unlikely event that a broker faces financial distress, these measures are designed to safeguard the ownership of your shares.

      It's crucial to note that while investments always carry some level of risk, the regulatory framework aims to protect investors and their assets. The Financial Claims Scheme (FCS) provides additional coverage for certain claims in case of a broker's insolvency, although it may not cover the entire value of your investment portfolio. As always, staying informed about the specific terms and conditions of your broker, along with broader market regulations, will contribute to a better understanding of the protections in place for your investments.

      • Am I interpreting this correctly that if I already trade on WeBull platform today, I just need to continue top up my funds and get another 10k of stocks, let it sit there and withdraw 12 months later with extra $1.2k?

        • thats my interpretation, I don't know if you need to be invited though, it does say you can already be an existing customer, but it doesn't say how to get offered the promo, it is not available for myself right now to click 'accept' or whatever in the 'welcome zone' or what not. honestly their app is a disaster and does nothing to add to their credibility when the whole thing has the UI design of a gacha idle game.

  • -1

    Scam

  • I'm writing a comment so I can give this a negative vote. And all the above reasons!

  • +1

    Who yelled don't do it, get outta my head pleaseeeeeee!!!

  • +3

    Sounds like a good way to lose $100k

  • +1

    Offers like this make me go back to Commsec. Not the cheapest but their interface is now polished up to the point where using them can be fun.
    Chuck a lump sum in and get some although crappy interest. But with T+2 your dough on idle orders is not locked away.
    Make under 1 grand deals for 5 bucks, an easy way to start off without risking too much. Easy to log in, easy to toggle between Netbank and trading.
    Clear screen layout compared to most other systems I had seen. You could still run a CMC account in parallel to get easy and quick extra info and more flexible candle charting.
    We went from the banks to Etrade and tried stuff like Selfwealth and Pearler. Moomoo looked good in the beginning but hey how much can you cram on a mobile screen without better transparity?

  • Is this a targeted offer? I can't find it in the app promotional center

    • yes I think so, I only see it from looking at the terms on the landing page of my referral link

  • +1

    You get a proper hin, buy 10k AAA.asx, hold a year, earn extra interest and dividends monthly, seems a good win.

    • Do you get a hin or is it custodian?
      I guess the question is, if they are all legit, going great, how come they are offering too good to be true offers?

      • Yeah I'm kinda wondering this myself, I think there are legit reasons that they're willing to spend $1200 on customer aquisition, part of it I think is just that they're not actually going to spend $1200, most people will forget about it, or not comply with their quite finicky Voucher redemption rules, and even then they will claw some of it back on fees.

        At that point they've either got someone who spent a lot of time in their app, trading playing their mobile game come trading interface, and have buy in. or you forgot and/or inertia just settles you in.

        They also have financial incentives to have a better mix of depositors so they can uncorrelate their risk, and having a lot more ~$10k depositors helps them manage risk….?

        But really I just wouldn't be surprised what they're willing to spend on growth hacking.

  • +8

    I did hold $50k for 3 months and received $2k apple shares.

    • i did $100k and received $4.5k apple shares. Sold 60k of my JBhifi shares to get 60k cash out, and now the JB-hifi shares are up 40% since I sold them…..

      • oh no…

        • the promo was good at 20% return in 3 month for 100k. who would've known JB up 40%.

  • +1

    I personally believe it's a trust worthy company, though I dont have that much cash to invest in

  • Thanks OP, I lost half my money on the HyperVerse con, putting the rest in this seems like a great idea.

    • amazing, crypto really has won, people can't tell the difference between crypto tokens and ASIC protected securities.

  • I don't have this promo, it must be targeted to new users.

  • I have $800/$3200 instead of $1200/$4000

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