Did you know that you don’t really need a Webull promo code to get the welcome offer for this prediction platform? That’s right. All you have to do is sign up and get $20 when you make trades worth $20.
That’s a pretty simple way to get started, but hey, it gets the job done. In this guide, you’ll find out that this site lets you enjoy your experience with ease, especially with a quick promo handed right to you. On top of that, you’ll be pleased to know that there are plenty of other promotions on the site.
What is the Webull new user promo?
As I did in my Interactive Brokers prediction markets review, I signed up with Webull to see what the platform offers. I found that the site is currently handing new traders a $20 welcome bonus. Hold up: To get this reward, you’ll first need to set up a brokerage account. Then, you’ll need to request an account with Event Contract trading enabled. You’ll then have to make a prediction market trade of at least $20 on the double.
You can only get this offer if you are a US resident aged 18+. Keep your valid TIN or SSN ready because you’ll need it to get your goodies. Once you have met these requirements, roll to the Reward Center to claim your $20 bonus. Keep in mind that the bonus won't appear immediately. It can take up to 5 days after your qualifying trade has settled.
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How to use your Webull bonus
To make predictions and qualify for the welcome bonus, you must have a Webull event contract account. Here is how to get yours:
- Head to Webull - To pop over to Webull, click one of the banners on this page.
- Kick off the sign-up process - Hit the Sign Up button to start the Webull registration process and enter your US phone number. Next, get the code you’ll receive via SMS and use it to verify the phone number you have provided. Then, enter the password you’d like to use and choose your preferred account type. I suggest you go with individual margin or individual cash because they let you add another account that supports event contract trading.
- Wrap up the registration process - Enter your personal details, employment info, address, and personalize your profile. Agree to Webull’s T&Cs by writing your signature on the electronic signature page.
- Clear those KYC checks - Submit the required tax and identification documents. Then, wait for Webull to review the documents you have uploaded. If everything checks out, you will receive an email confirming that your account is good to go.
- Get your Event Contract account up and running - Once you reach this step, you have won half the battle. Now, it's time to apply for your Event Contract account. You’ll do this by clicking the profile icon, heading to the menu, and selecting the “Events” option. Follow the prompts on your screen, and your account should be ready in a jiffy.
- Make a deposit - Don’t bother looking for the deposit tab on Webull’s prediction markets page because you won’t find it there. To top up your balance, you first need to deposit funds to your individual account. After that, you can then transfer the funds to your event contract account. Keep in mind you might incur some additional fees when funding your account. Disputed debit card transactions have a processing fee of $5. Webull will also charge you $5 if your bank returns your ACH transaction due to incorrect or incomplete details.
- Make a prediction market trade - You now need to place an event trade of $20 or more to be eligible for the welcome reward. Remember that you’ll get cricket if you don’t make the qualifying prediction market trade in one go.
Other promos that Webull offers
Once you’ve gulped your starting reward, I know you’ll be thirsty for more. Look, I hate to break it to you, but the site doesn’t have other promotions for trading event contracts. However, Webull has several promos designed for the entire trading platform. Here are some of them:
Deposit bonus
When you create your Webull account and fund it with $100+, you’ll receive 10 fractional shares. That’s not all. You’ll unlock premium access, and up to 5.0% APY is also added to your account’s perks. Keep in mind you must make the qualifying deposit within the first 7 days of account registration.
Referral bonus
Webull will reward you with fractional shares for every friend you refer to the platform. You’ll get 20 fractional shares if one of your amigos signs up with your link. But they must first pass KYC checks and make a top-up of between $100.00 and $49,999.99 within 7 days of registration. Webull will drop 100 fractional shares into your account if your bestie cranks it up. All they need to do is make a $50 grand deposit or more.
Unlock premium access when you sign-up
Get rewarded for every qualified referral
Is Webull’s welcome juice worth the squeeze? It sure is
Webull’s bonus for traders who walk through the front door for the first time is a great offer. A $20 reward awaits you when you make your first prediction market trade. You’ll need at least two separate accounts to make this happen. But I’m amped up about this offer, since most platforms out there don’t have a welcome bonus for their new traders.
Click one of the Webull banners on this page to sign up and start trading prediction markets.
Webull promo code FAQs
How long do I have to use the Webull bonus?
Once you have claimed your Webull welcome reward, you’ll have 30 days to use it before it Vamoose from your account.
Is it safe to use Webull?
Hell yeah. Webull is a safe platform because its systems undergo an independent Service Organization Control (SOC) 2 audit every year. This ensures that the platform has iron-clad security features that protect traders' data.
♂️ Where do I get valid Webull promo codes?
You don’t have to worry about finding valid Webull promo codes because there aren’t any. And you won't need them to claim any of its offers.
What is the minimum age to qualify for the Webull bonus?
You can only claim the Webull welcome bonus for prediction markets if you are at least 18 years old.
What is the minimum deposit at Webull?
There's no minimum deposit required to trade prediction market contracts. But if you're hunting for the welcome bonus, you must have $20 in your account.