Webull’s current free stock offer allows you to earn:
- Deposit $0.01 to $500: Earn three fractional shares, each valued between $3 and $3,000
- Deposit $500 to $24,999: Earn 30 fractional shares, each valued between $3 and $3,000
- Deposit $25,000 or more: Earn 75 fractional shares, each valued between $3 and $3,000
Note: The current promotion is only visible on mobile browsers. If you see an expired promotion (ended January 9th, 2024) on a desktop browser, please click through on a mobile device to view the active offer.
The process to earn the free shares is as follows:
- Open a Webull account and verify your identity.
- Please make a deposit with a minimum amount of $0.01.
- Once the funds have settled, you must claim your free shares in the “My Rewards” tab of the Webull app within 30 days.
This offer is available only to U.S. residents who haven’t yet deposited in a Webull account. That means even those who have previously opened an account but have yet to deposit are eligible.
4 Things to Know Before Signing Up
Here’s what you should know about the Webull free stock offer, including its terms and conditions.
#1. The Odds of Receiving a Stock Valued at $1,000 or more Is 0.0001%
You have the following odds when receiving each free share of stock:
| Price per share range | Odds | Percentage probability |
| $3 to $10 per share | 1:1.02 | 98.04% |
| $11 to $100 per share | 1:50.76 | 1.97% |
| $101 to $999 per share | 84:20:00 | 0.02% |
| $1,000 to $3,000 per share | 167:40:00 | 0.01% |
#2. Your Free Shares Are Available Five Business Days After Your Deposit Clears
You’ll be able to see which shares you’ve been given immediately after claiming them, but you won’t be able to sell them for five business days.
#3. There’s No Required Holding Period
You’re free to sell the stocks after they appear in your account. There’s also no requirement to maintain your deposit amount — you can withdraw your funds at any time and keep the bonus shares.
#4. Retirement Accounts Are Not Eligible
While Webull allows you to invest in an IRA, deposits in an IRA do not qualify for this free stock promotion.
Webull Company Overview
Webull is a popular investing platform for beginners who are interested in actively trading stocks, thanks to its low overall platform costs, commission free trading, lack of minimum balance requirements, and easy-to-use mobile app.
It also offers commission free options trading, access to fractional shares (with a $5 minimum), a paper trading platform, and an advanced suite of analytical and trading tools.
Learn more about the platform in our in-depth Webull review.
Webull Free Stock FAQs
Expect to receive fractional shares of stock valued in the $3 to $10 range for opening an account. When testing a similar version of this promotion, we received a total of $48.12 worth of stock. Most users report getting shares worth a total of $35 to $50.
Yes, the value of the shares at the time of distribution will be reported as income from Webull. You’ll then be faced with the same tax situation as if you had purchased the stocks — i.e., short-term capital gains or long-term capital gains, depending on your holding period.
Yes, once they’re cleared (which takes five business days) you can sell your stocks and withdraw the cash at any time. If you earned free shares through the deposit bonus, you can withdraw the funds you deposited (there’s no required holding period).
No, you cannot use a credit card to add funds to your Webull account; you’ll need to link a bank account and deposit cash.
How Does Webull’s Offer Compare to Other Free Stock Promotions?
While Webull doesn’t have the most lucrative free stock offer — unless you’re one of the very lucky few who scores a share worth more than $1,000 — it’s one of the easier bonuses to obtain and cash-out.
When we evaluated the different free stock promotions, Moomoo’s 7 free stock offer came out on top, as the value is around $35 for a $100 deposit. However, the Moomoo offer requires a $100 minimum, and you have to keep the funds in your account for 60 days.
Is The Webull Free Stock Offer Worth It? Our Verdict…
Webull consistently offers solid free stock promotions. While the minimum value of $18 (the minimum number of shares multiplied by the minimum share price of the stock) isn’t the best free stock promotion available, it stands out for the following reasons:
- You can deposit as little as $.01
- There’s no required holding period. You can sell the shares and withdraw the funds — including your deposit amount — at any time with no costs or penalties.
While the probability of earning a share of stock valued above $10 isn’t high, the minimal effort required is a solid way to earn free stock.
