This was posted 7 months 22 days ago, and might be an out-dated deal.

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Sign up & Fund A$200 in 1 Deposit, Get A$50 TSLA Fractional Shares & Get A$50 Trading Vouchers, and Asset Tier Benefits @ Webull

400

same as previous deal but this time Tesla share.
Refer to previous post . Thanks to Op
https://www.ozbargain.com.au/node/838749

Ensure your first deposit is $200 or more. If your $200 deposit is made in 2 or more transactions it will not count for you or the referrer.

The following offer appears in the Webull app only. Its T&Cs do not appear on webull.com.au but appear in-app.

Make a total deposit of $1,000 or more within the promotion period and the referee will qualify for 2 more fractional Tesla shares each worth A$50, 6 more US Securities trading vouchers each worth $10, and 4 more US Options trading vouchers each worth $10.

Assets Tier benefits.

Deposit A$1K or more , get $200 Worth of trading vouchers ($100 in 31/05& $100 in 30/06)
Deposit A$10K or more , get $2000 worth of trading vouchers in total, $400 for 5 times (31/05/24,31/08/24,30/11/24,28/02/25.30/05/25)
Deposit A$100k or more , get $5000 worth of trading vouchers in total, $1000 for 5 times (31/05/24,31/08/24,30/11/24,28/02/25.30/05/25)

Referral Links

Transfer ETF for trading vouchers reward: random (129)

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

  • Another day another webull contest

    • Worth doing?

      • Absolutely. Especially since the $ amounts are getting better, and incidentally TSLA having room to grow now.

  • -1

    Webull shite you

  • New accounts only, I already have an account?

    • Transfer offer should be for existing accounts also, there should be a reward deal within the account, click participate and then transfer stocks to get the vouchers

  • +1

    Are the rewards from this Webull promotion separate from the rewards obtained using referral link?

    • Interested to know this too

      • Yes, they are bonus rewards

  • I know nothing about these guys or what this is, but is this a scam? Is it guaranteed to get your bonus money and easily withdraw it hassle free?
    They have two glaring typos

    "maintian" instead of maintain

    and

    "brekerege fees" instead of brokerage

    Seems pretty amateur?

    • There have been a lot of Webull threads on here in the past year. Yes, they are legitimate. Yes you will get your bonus if you follow the steps correctly. Yes you can easily withdraw your funds. You will need to complete KYC requirements to get an account up-and-running.

    • It's legit.

  • +3

    It's been a wild ride watching my Tesla bonus from late last year plummet for three months straight!

    • +1

      Sold all mine when it was $225 a share. I don’t see them bouncing back. Elon makes an ambitious promise, share price goes up…. Market realises Elon lied and price corrects.

      • Nice work, was that pretty much the peak?

        • No, $265 was about the 6month ATH. I sold variously at $235 and $255, the most recent lot of shares from this deal in Nov at $242

          • +1

            @wavesgreen: +16% overnight, there is hope for me yet! In all seriousness this has been a good way to reaffirm that I would not do well with the rollercoaster ride of picking individual shares so when I start investing outside of Super I'll be going for the long term boring option.

  • Shares in a failing business…yeah na.
    Don't see how/why Elon continually gets away with all the lies.
    I give Tesla maybe 3 years before it's dead or sold. And predict we'll see Elon in court for the lies to their share holders.

    • +1

      I give Tesla maybe 3 years before it's dead or sold.

      Lol, short the stock then

    • Welcome to the stock market, where the CEOs lie and we try to make money off the back of those lies. (TSLA up over 9% in Premarket.)

  • So basically deposit $200 hold for 30 days and we get $100 free? Is there fees to withdrawal?

    • You get a combination of fractional shares in TSLA and trading vouchers. Not cash.

  • Says deal goes live "Later Today", any idea what time? and do I need to wait to open an account when the deal is live, or can I open it now?

    • Deal is active from 6PM today.

  • Webull change referral link everytime so posting the deal before it gets updated on webull app means no one wins as existing referral codes not valid for the new deal…

    So don't publish deal until updated on webull app.

    I still can't see this deal on my webull app… :(

    • I can see it in mine. I've updated my referral code, it's fresh and valid :)

      • Also I could see the referral link got changed now two times. Not sure mod has to cleanup so that correct code will be entered

      • I can't see it on my app. Still has only one referral for zero brokerage on US trades. May be this one is targeted ?

        • For me, it's there on the Menu icon, then a banner under the Promotion Center - the banner is "Referral Rewards" which is the same as before, but the details in it have been updated to this new promo.

          Edit: Actually, thats a referral reward I'm talking about. I'm not going to see a Sign-up promo as I've already joined.

          • @Charlie Dont Surf: I am looking at same place but there is only one promo that is for zero brokerage for 10 trades on US stocks & ETF.

            • @SydBoy: I got this promo but I didn't get 2 out of the last 3, so it seems there is a certain amount of account targeting going on with these.

              • @wavesgreen: Does the MOd need to refresh the referral list so the links are up to date?

                • @eecchhoo: That is a very contentious topic in these threads. 😂

    • Change of referral link usually makes no difference, latest offers will be given automatically

      • Good to know but did you get this confirmed with webull?

        Last time I got click through my referral in January so not much of luck for me but I thought it might help others.

        • But you have to click participate button I believe

  • +1

    Deal is active from 6PM today. Been refreshing my page but can't find a single thing about it

    • same here !!!

  • -1

    This post changed from $300 upon $1000 deposit to now just $50?

    • +1

      Webull changed the condition to receive $200 additional rewards for $1000 deposit like funds needs to be maintained for 2 months.

      • where did you find this info? I only see $200 deposit for $50

        • +1

          If you have the promo it will be in your Promotion Center. Some people don't have it.

  • I signed up and now the promotion has disappeared from my Promotion Centre …

  • @alvian referee and referrer both qualify to receive $200 bonus for AU$1000 deposit rewards. Not sure why title has been changed.
    For referrer
    Deposit 1k and more receive $100 on may and $100 June month end .

    https://www.webull.com.au/ko-yield/1670046979466-41d521/ed9f21?app_cfg=%7B%22supportTheme%22%3Atrue%2C%22browser%22%3Afalse%7D

    Quick summary ;
    Deposit $200 then receive $100
    Deposit $1000 then receive $100 on May 31st and $100 June 30th

    It’s same deal last one apart from that instead one month now referrer needs to hold fund for two months

    Remaining two rewards are high deposit.

    Shall I update the post with this info ?

    • On the web, 1 referral reward and 1 asset reward programs are offered, but in the app, 2 referral rewards and 1 asset reward programs are offered.

      1. Deposit $200 in 1 transaction, receive $50 TSLA & $50 trading vouchers — is a referral reward.
      2. Deposit total $1000, receive additional $100 TSLA & $100 trading vouchers — is a referral reward that is shown on the app version of the T&Cs but missing from the referral web page and web version of the T&Cs.
      3. Deposit total $1000, receive $100 trading vouchers in May & in June — is an asset reward open to old & new customers.
      4. The referral web page made reference to "Deposit More, Earn up to $5,100" — of which $5,000 is the maximum amount awarded under asset reward 3 (requires total deposit of $100,000), plus the $100 awarded under referral reward 1. Where is the extra $200 that is supposed to be awarded under referral reward 2?

      If you can guarantee referral reward 2 will be awarded, and that the app T&Cs is correct and the web wrong in two places, then please change the title & the description and provide your guarantee. OzBargain moderators cannot provide this guarantee and so we followed the web version. If you can fit in the asset reward program into the title as well, then please do so.

      • Thanks, i have added the asset tier benefits.

  • For those adding your referral links - they often change per campaign and may be invalid (I thought in the past they were invalidated on OzB and people had to readd).

    • I had chat with Webull support team and they confirmed that all the previous link should still work. Better to ask Webull again.
      Mod also confirmed that it was tested.

      • But do they need to hit participate before become active? They may remove the participate if by default available to all current users.

        • Yea that’s true, every month users should click participate now button and without clicking the button not sure how it works

  • Just confirming I did receive a Tesla stock after I used a referral link on here - no idea if that was from the referral or some other bonus. Now to wait for the other 2x $100 bonus after 30 and 60 days. Will report back after 30 days to see if its credited to my account. If not I'll have to pull my funds

    By the way does anyone have a quick way to cash out these "trading vouchers" ? Both for stock vouchers and option vouchers .

    • Buy fractional shares worth of $7-8 and claim it.

      Tricky for option, as you have to find the correct option security to claim. I used apple and Snap call option to claim it.

    • Regarding the option voucher, be aware that the value of the option trade is 100 x the option's price. So if your voucher is $50, you will probably want to find an option that is around 49-50 cents. You will also want to find an option that has some depth/liquidity, because you want to buy/sell that option (pretty much immediately I assume, unless you have a position you believe in). I think you will want to identify a stock that has a lower trading price, a tight bid/ask spread on the option, and which might trade stable while you're doing all this. You're going to drop a few dollars doing this exercise, but you should be able to bank $45 at least!

      • Just saw that the voucher is $A50, not $US50, so adjust the option price/option value accordingly at the Webull exchange rate.

  • Merged from Deposit A$10,000 and Maintain until 31/5/2025, Get 5x A$400 Share Trading Vouchers (A$100,000 for 5x A$1,000) @ Webull

    Total deposit: Accumulated total deposit amount minus the accumulated total withdrawal amount between 29/4/2024 6:00 pm - 31/5/2024 5:59 pm Local Sydney time, capital gains & losses are excluded.

    How to Get Your Rewards
    STEP 1
    Tap on 'Participate Now'.
    STEP 2
    Deposit AUD$10,000 or more between 29/4/2024 6:00 pm - 31/5/2024 5:59 pm (Local Sydney time) to determine the deposit tier.
    STEP 3
    Maintain your total deposit until 30 May 2025 at 11:59 pm local Sydney time.

    More Details
    Maintain the total deposit of AUD$10,000-$99,999 or AUD$100,000 or more on your Webull Australian account until 30 May 2025 at 11:59 pm to get the rewards. Rewards will be deposited into your account in 5 batches of $A400/$A1,000 within 5 business days after 31/05/2024, 31/08/2024, 30/11/2024, 28/2/2025, 30/05/2025.

    *** Get your own advice before invest ***

    About deposit: Financial Claims Scheme
    Webull AU customers are not covered by the $250,000 Australian Govern​ment Bank Guarantee because JP Morgan (our partner bank) is not a participant of APRA’s deposit insurance scheme. However, please be aware that the client monies facility is in a segregated client trust account with JPM. So no creditors of either JPM or Webull are able to call on those funds.

    • 5 batches of $A400/$A1,000 within 5 business days after 31/05/2024, 31/08/2024, 30/11/2024, 28/2/2025, 30/05/2025

      Long wait for total payout :)

    • short wait for the first one though

      • Have you put $ 10 k

        • I have 30k in my Webull account lol

          • @FeZZa21: Have you got the voucher

            • @HolyCr4p: Voucher for their December deal will land in my account by 10th May

    • This is getting ridiculous. What a bull

    • What are 'share trading vouchers'? Are they credit you can use to buy shares? or are they used for paying trading/exchange fees?

      • +1

        They are vouchers to buy shares with, can then sell straight away if you want to get its value

      • +1

        You redeem voucher > Make trade > Go to rewards use voucher on "x" trade > webull reimburses in 5 days in cash (up to voucher value). Make sure you redeem the voucher before making a trade.

    • so… this is 5%~10% return for 'investment'? the disclaimer sounds scary tho. Doesn't it mean if they decide to shut down, go bankrupt…all the funds are gone? Pass.

      • Need to sort out your math first though, return will be 20% (10k deposit) if you maintain your deposit for 12 months

    • You can buy stocks and keep for a year.

      • Are you allowed to buy stocks or does it have to keep it in cash?

        • Doesn't need to be kept as cash. Just don't withdraw money preferable they want you to buy US stocks and use your USD for the WeBull Money program. It retained asset model so they snapshot your assets + deposit and work off that.

          • @Sheng: Only US stocks? Can I hold ASX ones?

            Thanks!

            • @Kobe1027: Yes. If you paranoid you can do ASX but I find WeBull better value for US as you sell options as well. You'll be funding your account even more to use the trading vouchers either way since some are "US option vouchers".

    • Just wondering does this promotion stack with the previous deposit event. I had $10k for $1200 vouchers back in march.
      Also targeted for this one
      So deposit another $10k for 20% return this time for 16% avg annual return?

      • Yeah these promos are separate, seems they launch one every month. Missed last month one by a day :(

        • Does it count if we keep the initial $10k or is it deposit another 10k per round?

          • @PennySock: Conditions seems to suggest promo is triggered when new 10k is deposited

      • That's good for you that you've been targeted twice. I wonder if that's going to be commonplace or if you might have just got lucky!

        It's a fair whack of money to load into a broker, but as pointed out, you can buy shares with the deposit and then it's just market risk that you're bearing.

    • +1

      This has the same start as all the high yield crypto investments of yesteryear (they all crashed when the owners made a run for it).

      • If you paranoids buy ASX stocks and have it CHESS sponsored? Sponsored you are the legal owner of the shares no matter what.

        • I'm just saying this has the same start, you can imagine whatever ending you want.
          But usually these sort of guaranteed high yield returns are only sustainable while new investors keep piling in.

    • what are the taxation implications of these, esp if they are US options vouchers? Do we have to declare these as income? Thanks

      • You will make a small loss for buying and selling options immediately.

    • Participated last March $1200 voucher deal … still showing nothing for this one…

    • Are there any local protections for our funds/shares if these guys go under?

      • No

    • Best option to buy asx shares instead of keeping cssh

  • Hi, Anyone have tried this benefits.

    Deposit A$10K or more , get $2000 worth of trading vouchers in total, $400 for 5 times (31/05/24,31/08/24,30/11/24,28/02/25.30/05/25)

    Like deposit $10k on 29th or 30th May, withdraw on 1st June to get $400 worth of trading vouchers? Same offer was there in April , if anyone got successful voucher after withdraw the deposit, kindly share the experience.

    • Yes it's a nice return as long as you don't withdraw a cent in 12months after your deposit. So if you deposit 10k today and use your first $400 voucher months later to buy and sell shares, and withdraw that $400, your total balance will become 10000-400 and hence under 10k and won't get any more vouchers as you're outside the terms of the offer. They basically want to lock people in with their deposits for at least 12 months without them withdrawing a cent.

    • I think the vouchers are distributed 10 days after the end of those quarters (it will say so in the T&Cs), but if you're interested in just one voucher and then running for the exits, what you say should work. I think most people who are participating plan to hang around for the full twelve-month period.

      • Thats good to know.

        I think people want to keep it just for first bonus, still its worth as getting $400 (may be after trade, it may be worth around $380 after the fees) still good benefits for $10k.

      • T&C says within 5 business days. yes I've made my deposit to get the first voucher and then run lol

      • I just got my trading vouchers

  • Sorry off topic, I just sold a fraction of TSLA shares worth about USD139 from previous referral campaign, it's showing as I have this much money in my "assets" tab, but $0 to exchange when I tried exchanging to AUD? Anyone know why?

    • I think the fund available to transfer after 2 days

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