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New Webull Promotion – Get Free Money now!

Posted on May 31, 2023June 17, 2023 by careyourpresent

Updated Promotion

For those who have signed up earlier via my referral earlier and used only S$0.01 to earn US$50 to US$500, thank you and congrats for earning the free money! Sadly, there is no more free money for the new deal from Webull. You can’t use S$0.01 to earn US$50 to US$500.

The new welcome reward is to fund S$100 and maintain for 30 days in order to get free shares, you can’t use $S0.01 anymore to get the free money 🙁

However, the good news are:

You can get more free shares now!

  • By funding S$100, you will get 4-20 free shares where it could be worth anything from 3-1000 USD!
  • By maintaining the S$100 for 30 days, you will get another 2-20 free shares where it could be worth anything from 3-1000 USD!
  • Chance to get Tesla 3 Model Car!

Previously, you only need to fund S$0.01 and maintain for 30 days to get 5 shares with each shares worth a minimum of US$10. Hence, minimum you will get US$50.

However, for the new promotion, you will need to fund more money, S$100 and maintain 30 days to get minimum of 6 shares (that worth anything from 3-1000 USD) with maximum of 40 shares. Hence, the minimum amount that you will get is 6 shares x USD3 = 18 USD. It is much lesser, but on the other spectrum, you can get more shares and thus perhaps eventually you will get more free money if you are lucky.

Do note that this welcome promotion start from 31 May 2023 4.00pm to 30 Jun 2023 3.59pm Singapore Time!

If you are keen to sign up, do use my referral 🙂 Thank you in advance! A gentle reminder not to wait till the last day to sign up in case there is any signing up or funding issue.

Why wait? Come and join and get the free money. Who knows you might be very lucky! How to sign up?

To sign up, there are only 4 simple steps. Let me share again on what I have did previously!

4 Simple Steps to get free money and a very decent brokerage account

Step 1: Registration

Click here to register a new account.

After clicking “Sign Up” you will be directed to registration page.

Here are what you need to do:

  • Fill in your phone number
  • Click “Send Code” and the system will send a code via SMS to you
  • Key in the verification code
  • Read and agree with Terms & Conditions and Privacy Policy
  • Click “Next”

You have successfully registered for a new account! Now, it’s time to set up your account.

Step 2: Setup Your Account

The next step is to setup your account. To do so, here are the steps you need to take:

  • Download Webull App on your mobile
  • Login with your mobile number
  • Click on the “Open Account” tab at the bottom center of the screen
  • Fill up your particulars. For simplicity, you can login with your Singpass.
  • After submitting your particulars, wait for Webull’s approval (my approval took only 30 minutes from the time that I have applied). You will receive an email from Webull to tell you about your account’s approval.


Click “Open Account” to start setting up your account. Then, fill up your particulars.

After submitting the form, you will be shown this page. Wait for approval email from Webull.


After approval, you can go to the app and click Webull logo at the bottom center. Then, set your trading password.

Step 3: Make a Deposit of at least SGD$100

After your account is approved, it’s time to make a deposit. Inside Webull app, select “Webull” tab at the center bottom of the screen.

There are 3 ways to make deposit: eDDA, Fast or Telegraphic Transfer.

eDDA method means you’re authorizing Webull to transfer money from your bank account into your Webull account. Setting it up is very easy, just click on “eDDA” then follow the instructions, login to your internet banking, set the amount limit and you’re done.

FAST method means that you need to manually transfer money from your bank account using FAST option. This is only applicable for deposit made in SGD. After you’ve done the transfer, you need to click “Notify Webull of Transfer Completion” and the money will be reflected into your account within 5 to 10 minutes.

Telegraphic Transfer (TT) method means that you need to manually transfer money from your bank account using the traditional Telegraphic Transfer method. This is applicable for deposit made in SGD, USD or HKD. After you’ve done the transfer, you need to click “Notify Webull of Transfer Completion” and the money will be reflected into your account within 1-3 days.

Please note: The registered name of the bank account holder and Webull account must be the same for all deposits and withdrawals. Deposits must be from your own individual bank account, not third-party bank accounts, joint accounts or third-party payment platforms.

To make deposit, click Webull logo at bottom center, then click “Deposit Now”. After that, choose your deposit method.

This month promotion requires you to deposit any amount in a single transaction and maintains it for 30 days.

After depositing your SGD, if you want to convert it to USD to purchase stock in the US market, here’s how.

Click Webull logo, then click “Details”. After that, scroll down to find “Exchange Currency” button.

Step 4: Maintain Your Account for 30 Days

Next, you need to maintain SGD$100 30 days after the initial deposit. That means, all your total deposit minus total withdrawal should be at least SGD$100.

After meeting all of the above simple steps, you will receive your rewards within 7 business days. Please remember to use the rewards WITHIN 30 days. After 30 days, the unused rewards will be expired.

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