How I earned $380 in rewards with Webull as a new user

What happened?

Many brokerages are offering welcome offers nowadays.

As more platforms compete for new users, the promotions have become less about flashy headlines and more about whether the steps are actually doable.

That is why the Webull promotion caught my attention. 

The stack is straightforward: fund your account, maintain the balance for the required period, and you can unlock both the FairPrice vouchers and Apple (AAPL) fractional shares without needing to place any trades.

In this article, I will break down how the reward tiers work, what I did to earn up to S$380 in total rewards, and the conditions to watch before you fund.

Reward #1 – Beansprout promo: Get up to S$100 worth of FairPrice voucher* (no trades needed)

So how did I do it?

• First, I signed up for a Webull account via the exclusive Beansprout link.
• Then, I funded at least S$10,000 into my Webull account. No trades are required to receive this reward.
• After funding, I submitted my contact information via the voucher claim Google form. so Beansprout can verify my eligibility.

Once the requirements were met, the S$100 worth of FairPrice voucher is issued to me as 2 x S$50 FairPrice vouchers within 10 working days.

If S$10,000 is not achievable, you can still get a S$50 FairPrice voucher by funding S$3,000, with the same steps and no trades needed. 

The promotion is valid until 31 March 2026.  

Learn more about Beansprout's exclusive Webull promotion here. Read the Terms and Conditions here.

Reward #2 – S$280 in AAPL fractional shares* by signing up through Beansprout

The good news does not stop at the S$100 FairPrice voucher.

After I funded my Webull account to S$10,000, I kept the funds there to meet the 90-day maintenance requirement for Webull’s higher-tier welcome reward.

By doing so, I unlocked S$280 worth of Apple (AAPL) fractional shares as part of the Webull welcome rewards.

Alternatively, if I could not commit S$10,000, I could still receive S$50 worth of Apple (AAPL) fractional shares by funding S$3,000 and maintaining it for 30 days. When paired with the Beansprout voucher tier, this still adds up to S$100 in total rewards value (S$50 voucher + S$50 AAPL).

It is worth noting that fractional-share rewards are credited based on a stated reward value, but the market price of AAPL can move, so the number of shares you receive can vary even if the reward value is fixed.

By funding S$3,000 and maintaining this balance for 30 days, I can receive a total of S$100 in rewards, consisting of a S$50 FairPrice voucher and S$50 worth of AAPL fractional shares.

If I am able to fund a higher amount of S$10,000 and maintain this balance for a longer period of 90 days, the total rewards increase to S$380, comprising a S$100 FairPrice voucher and S$280 worth of AAPL fractional shares.

Learn more about Beansprout’s exclusive Webull promotion here. 

The promotion is valid until 31 March 2026, and terms and conditions apply. 

What else do I get?

Beyond the FairPrice voucher and AAPL fractional shares, Webull also bundles market data perks and fee waivers for new accounts.

1) Complimentary market data (claimed in-app)

When you register and claim the relevant rewards in the app, Webull lists the following data subscriptions:

• Level 2 US market data free until 31 Mar 2026 (23:59 SGT)
• 1 month SGX Level 1 market data, extendable for an additional 30 days with 1 SG stock trade every 30 calendar days. Level 1 Hong Kong market data + Level 1 US market data (Nasdaq Basic)
• 1 year free subscription to Cboe Global Indices Feed (CGIF) (requires claiming in-app).

2) Fee waivers for new accounts

After opening an account, Webull also lists these account-opening perks:

• 0 platform fees for US stocks, US ETFs, US options, HK stocks and HK ETFs.
• 1 year commission-free for SG market (covers SG stocks, ETFs, REITs, Warrants and DLCs).
• 0 platform fees and 0 fees for mutual fund subscriptions/redemptions (until further notice).
• 1 month free Options Price Reporting Authority (“OPRA”) real-time options data (extendable with 1 options trade every 30 calendar days).

It is important to note that although the platform fees are waived, regulatory, exchange, and third-party fees may still apply, and fund management fees may still apply for mutual funds. 

What makes Webull unique?

In a crowded brokerage landscape, what stands out about Webull is how effortlessly it combines low costs, usability and functionality all in one platform. 

The app is intuitive, and the pricing is transparent enough that I always know what I’m paying. I can access multiple global markets seamlessly, start with small amounts, and still have all the tools I need as I grow to become more of an active investor – making it a platform that genuinely grows with me over time. 

Below are some unique points I discover after using Webull:

1. Webull offers relatively competitive and transparent fees across US, SG and HK markets, including 0% platform fee* for US & HK equities.
2. It allows me to access multiple markets  and asset classes through one account, including stocks, index options, ETFs, futures, warrants, REITs, mutual funds, US Treasury bonds, and more.
3. Faster, smart decision making with advance charting, screeners, indicators, ratings, technical analysis and many more for traders
4. It provides a seamless mobile experience via its clean intuitive interface. It is beginner friendly but not limiting for more advanced strategies later.
5. It allows Dollar Cost Average or Dollar Value Averaging with Regular or Dynamic RSP for hassle-free, disciplined investors.
6. Its cash management tool, Moneybull US or SG, helps to earn yield on idle cash while maintaining liquidity and keeping risk low. It supports T+0 settlement without lock up periods and allows trade placing without wasting time for redeeming.
7. For traders who are looking to trade options, Webull offers 13 Advanced Option Strategies, screeners, statistics, 0DTE Options center and many others for options traders
8. And for customer service, other than chatting in-app or emailing into their helpdesk, there is a general hotline that you can call in 24/5, if you need assistance: +65 6013 3322.

Read our review to find out more about Webull. 

Webull Securities (Singapore) is licensed by MAS and its parent's company, Webull Corp, is NASDAQ-listed 

Some people may still be skeptical and ask: could this be a scam?

In Singapore, Webull Securities (Singapore) Pte. Ltd. is listed in MAS’ Financial Institutions Directory as a Capital Markets Services (CMS) licensee, which means it is regulated to conduct regulated activities such as dealing in capital markets products and providing custodial services. Webull has also stated that it secured its CMS licence as of 2021. 

Webull Corp is listed on NASDAQ, and the company operates in 14 markets. It has more than 50 million global downloads.

Webull also states that customer cash is kept in a separate trust account from its own funds, with DBS Bank acting as custodian.

Even so, I still checked that I read all the terms and conditions relating to the promotions, including requirements on meeting the minimum deposit amount and maintaining assets for the required period. 

Webull review - Is it worth signing up for a Webull trading account?

Summary of Webull promotion

So this is how I received ~S$380 worth of rewards from Webull with a S$10,000 deposit.

By signing up with Webull, I managed to turn a one-off S$10,000 deposit into rewards that are relatively straightforward to track.

If you fund S$10,000, you can stack a S$100 FairPrice voucher from Beansprout with no maintenance period required and S$280 worth of Apple (AAPL) fractional shares from Webull (after maintaining for 90 days), which brings the total rewards to S$380.

If you fund S$3,000, you can receive S$50 worth of Apple (AAPL) fractional shares with a 30-day maintenance requirement, and an exclusive S$50 FairPrice voucher from Beansprout with no trades needed and no maintenance period required, which brings the total rewards to S$100.

If your goal is to maximise guaranteed rewards with minimal actions, Webull’s welcome rewards stands out because the Beansprout voucher does not require trades, and the Webull welcome reward is driven mainly by funding and maintenance.

Beyond these, Webull also includes extra welcome perks such as commission or platform-fee waivers for selected markets/products and complimentary market data subscriptions (for example, US Level 2 data and SGX Level 1 data offers). These perks can reduce ongoing investing costs, depending on which markets you trade and whether you meet the requirements to extend the data subscriptions.

You can find out more about the Webull welcome rewards here, and read our review of Webull here.

You can sign up for a Webull account and claim these rewards using this exclusive Beansprout’s link here. Remember to submit your contact information via this Google form after you have funded your account. 

Disclaimer

*T&Cs apply. All investments involve risk and are not suited for every investor.

All views expressed in the article are the objective opinions of Beansprout. Neither Webull or its affiliates shall be liable for the content of the information provided. This advertisement has not been reviewed by the Monetary Authority of Singapore.

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