Up to a $4000 Bonus for signing up
To sign up for Webull and get up to a $4000 sign up bonus. Use the referral button below. See below for offer details.
What is Webull?
Webull is a popular digital brokerage based out of Hunan, China. But New York City is home to its U.S and Canada customer-facing and brokerage operations. They were founded in 2017. They stated as a portfolio consolidation and research platform before it began offering brokerage services
Webull is geared towards new investors that want a simple and easy way to get into the trading. Or customers that may already be familiar with Webull in other regions.
Webull Benefits
- Low commission fees. (Although not free like in the US)
- User friendly mobile application
- Active forum and community built into their application
- Great sign up bonuses available to new users
Webull Referral Program
Webull has been changing its referral program pretty frequently so far.
Currently you can get up to $4000 is transferring a large portfolio. However for most users that are starting out, you would only be taking advantage of the lower offer of $50 when you transfer/fund over $100.
Still a great offer to get you started. This is one of the best offers we have seen. You can see the details of the current offer when you click the sign up button below.
Alternatives to Webull
In Canada, Webull’s main competitor would be Wealthsimple. They would be better for customers that want more advanced features and a wide range of services and products. Such as crypto, tax free savings accounts, ability to send money to friends or family, etc.
Webull
Summary
Webull has entered the Canadian market. Although they are popular around the world. They do not provide a huge value add over any of the current companies in this space. They also do not offer any Canadian specific products such as RRSPs, TFSAs, RESPs, and FHSAs. They do have low commission fees. And that may be enough to get people to sign up and use them. They also have pretty aggressive sign up bonuses so it does not hurt to give them a try for that reason alone.