Founded in 2017, Webull has established itself as a significant player among online discount brokers. The platform stands out for its advanced trading tools, commission-free investing, and regular promotional offers.
Webull has substantially changed its US signup promotion. The previous deposit and transfer match, which offered a 3% or 4% cash bonus capped at $80,000, has been replaced. The current US affiliate offer runs from 22 July to 14 October 2026 and gives eligible new customers two fractional reward shares after signing up via an affiliate link and making an initial qualifying deposit of at least $100.
To claim the reward, you must hold your full deposit for 10 calendar days after it appears in the “My Rewards” section of the platform. Withdrawing during that window forfeits the reward. The offer is limited to one per Social Security or Taxpayer Identification Number, is restricted to US residents aged 18 or over, and excludes IRA, futures, advisor, joint, entity, and event contract accounts
UK investors are unaffected by this change. Webull UK continues to offer a 2% cash match on qualifying deposits, up to £20,000.
Other free stock promotions
Looking for other promotions?
Check our Bonus Page, where we filter the bonuses offered by investment platforms in each country.
How do I get free stocks from Webull US?
Here is a step-by-step guide to how the current US promotion works:
- Use the link: sign up through this Webull referral link. You must register via an affiliate link to qualify – signing up directly does not make you eligible;
- Make a qualifying deposit of at least $100: this can be a deposit from an external account or an ACAT transfer of assets from another brokerage. Non-ACAT transfers and moving money between your own Webull accounts do not count;
- Hold your funds for 10 calendar days: the reward appears in the “My Rewards” section of the platform within one day, initially in a “Locked” status. It unlocks after a 10-day holding period, during which you must keep the full deposit in your account. Any withdrawal in that window forfeits the reward entirely;
- Claim your two fractional shares: the shares are drawn from Space Exploration Technologies Corp (SPCX), NVIDIA (NVDA), Apple (AAPL), and Tesla (TSLA), with the value allocated randomly.
What you can expect to receive. Webull publishes the odds for this promotion, and they are worth reading before you deposit:
| Combined value of both shares | Odds |
| $3 | 98.00% |
| $5 | 1.50% |
| $50 | 0.43% |
| $100 | 0.04% |
| $200 | 0.02% |
| $300 | 0.01% |
In other words, 98 out of 100 participants receive $3 in total, and the expected value across all outcomes is just over $3. Treat this as a small welcome gesture rather than a reason to choose Webull over another broker – the platform’s trading costs, product range, and tools matter far more over any reasonable holding period.
Eligibility restrictions: the offer is open to US residents aged 18 or over with a valid Social Security or Taxpayer Identification Number, limited to one reward per SSN or TIN regardless of how many accounts you hold. It excludes IRA, futures, advisor, joint, entity, and event contract accounts. The offer period runs from 22 July to 14 October 2026, with qualifying deposits needing to settle within 10 days of the period ending.
This affiliate reward is available in addition to Webull’s separate initial deposit promotion, which has its own terms and conditions.
Does Webull offer a free share bonus in the UK?
No, it offers a cash bonus, as Webull US does, but with a 2% match cash bonus.
Here’s a straightforward step-by-step guide explaining how this referral bonus works:
- Use the link: Click on this Webull referral link.
- Sign up, Deposit & Get up to £20,000 in cash: When you sign up and deposit £100, you’ll receive £2 as a cash bonus. If you deposit £2,000, you get £400 and so on.
Check our article Webull in the UK.
Bottom line
Webull’s promotions differ significantly between the US and the UK, so it is worth being clear about which applies to you.
For US investors, the current affiliate offer gives two fractional shares for a $100 qualifying deposit. The key points:
- You must sign up through an affiliate link – registering directly does not qualify;
- The reward value is allocated randomly, and 98% of participants receive $3 in total. The expected value is just over $3;
- You must hold the full deposit for 10 calendar days after the reward appears, or it is forfeited;
- One reward per Social Security or Taxpayer Identification Number, excluding IRA, futures, advisor, joint, entity, and event contract accounts.
For UK investors, Webull continues to offer a 2% cash match on qualifying deposits, up to £20,000. To remain eligible, you need to maintain your qualifying funding through each payment date and avoid withdrawals that would reduce your balance below the required level.
A word of perspective on the US offer: at an expected value of around $3, this should not drive your choice of broker. What will actually affect your returns over time is Webull’s commission structure, currency conversion costs, product range, and platform quality – all of which matter far more than a one-off welcome reward. Choose the broker that fits how you intend to invest, and treat any signup bonus as incidental.
Promotional terms change frequently and vary by region. Before depositing, read the complete terms on the Webull website to confirm the offer currently available to you.
