Webull currently offers multiple transfer and deposit bonuses. These promotions stand out for their speed—you can sell bonus shares and cash out just five days after receiving them.
Here’s the latest offers:
Option #1: Free Stock for New User Cash Deposits
Summary: Get up to 20 free shares of stock
This offer rewards new users and existing users who haven’t deposited yet with fractional shares based on their deposit amount. The structure is as follows:
| Deposit Amount | Fractional Shares Received |
| $100 – $499 | 3 shares |
| $500+ | 20 shares |
Each fractional share is valued between $3 and $3,000, though most fall in the $3-$12 range.
No holding period, but a 5-day clearing period applies before selling free stocks.
Users must claim within 30 days of deposit.
The offer expires on February 28, 2025
Option #2: Free Stock for Transferring Assets to Webull
Summary: Earn up to 40 free shares by transferring an existing brokerage accounts assets.
This offer provides free fractional shares to new users who transfer assets, such as stocks, ETFs, or other securities, from an existing brokerage into their Webull account.
The reward amount is based on the total transfer amount and can’t be combined with the cash deposit bonus.
| Transfer Amount | Free Shares Received |
| $100 – $499 | 6 shares |
| $500 – $1,999 | 20 shares |
| $2,000+ | 40 shares |
Each share is valued between $3 and $3,000, with most in the $3-$12 range.
- There is no holding period, but a 5-day clearing period applies before selling free shares.
- Users must claim their shares within 30 days of the transfer.
- Offer valid until February 10, 2025.
Option #3: Transfer Bonus for Existing Webull Customers
Webull is offering a cash bonus for existing customers who transfer assets from another brokerage or IRA account.
This offer also includes reimbursement for transfer fees charged by your outgoing brokerage. There is no public link, you can find this after opening your Webull account.
The following users are eligible:
- Existing Webull customers with an open brokerage or IRA account
- First brokerage or IRA transfer only (cannot be combined with other transfer promotions)
- Can be combined with Option #1 (cash deposit offer)
The bonus structure is as follows:
| Transfer Type | Minimum Transfer Amount | Bonus Received | Fee Reimbursement |
| Brokerage Account | $2,000 | $100 | Up to $100 |
| IRA Account | $5,000 | $75 | Up to $75 |
Fine print:
- Only ACATS transfers qualify
- Bonus and fee reimbursement apply only to the first transfer per customer
- Must claim reimbursement within 30 days of completing the transfer
- Offer valid until March 31, 2025, at 11:59 PM EST
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 $3,000 Is 0.0001%
You have the following odds when receiving each free share of stock:
| Price per share range | Percentage probability |
| $3 | 92% |
| $4 | 4% |
| $5 | 2% |
| $12 | 1.52% |
| $30 | 0.38% |
| $60 | 0.07% |
| $101 | 0.02% |
| $3,000 | 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 after your shares have settled — you can withdraw your funds and keep the bonus shares.
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, 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 at $3.
Yes, the value of the shares at the time of distribution will be reported as income from Webull. You’ll then face the same tax situation as if you had purchased the stocks — that is, short-term 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 and fastest bonuses to obtain and cash-out.
When we evaluated the different free stock promotions, Moomoo’s free stock offer came out on top. However, to get 30 free stocks from Moomoo, the offer requires a $2,000 minimum, and you have to keep the funds in your account for 60 days.
If you can deposit $500 into Webull, you get a minimum of $60 in free stock (an 18% return), but the holding period is much shorter.
| Company | Free Stock Offer |
| Moomoo | Up to 30 free shares |
| Robinhood | Up to $200 in free shares with no deposit required. |
| Stash | $20 in free stock for a 1 cent deposit. |
| TradeUP | Up to $3,600 in free stock with a minimum $100 deposit. |
Webull Referral Program
Once you’ve signed up for Webull and claimed your free stock, you can earn more by referring friends and family.
For each referral who funds a brokerage account with any amount, you’ll receive 10 fractional shares. The total value of combined fractional shares will be between $30 and $3,000.
There’s a maximum of 10 referrals per account.
Is The Webull Free Stock Offer Worth It? Our Verdict…
Webull consistently offers one of the best free stock promotions. It stands out for the following reasons:
- You can deposit as little as $100
- There’s no required holding period. You can sell the shares and withdraw the funds — including your deposit amount — after they’re issued 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.
