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Webull Promo: Get S$100 in Tesla shares plus S$20 NTUC voucher for new users

02 Feb 2024

Get S$100 in Tesla shares when you sign up for a Webull account and fund a minimum of S$2,000 in the latest Webull promotion

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Summary of Webull Promotion

Here is a summary of Webull's latest promotion for February 2024:

  • Get S$100 in Tesla (TSLA) shares when you sign up for a Webull account, fund a minimum of S$2,000 and maintain until 31 March 2024.
  • Get S$2,500 in Tesla (TSLA) shares when you sign up for a Webull account, fund a minimum of S$100,000 and maintain until 31 January 2025. 
  • Also, receive a S$20 NTUC FairPrice or Grab voucher from Beansprout in addition to the Webull welcome gift when you sign up for a Webull account via Beansprout and fund any amount by 29th February 2024.

The promotion will end on 29th February 2024 3.59pm Singapore Time, so read on to find out below how you can qualify for this promotion. 

Sign up reward - Get S$100 in Tesla shares

Webull promotion feb 2024

Here's how you can earn welcome rewards from Webull

  • Register for a Webull account with this exclusive Beansprout link.
  • Get S$100 in Tesla (TSLA) shares when you fund a minimum of S$2,000 and maintain until 31 March 2024.
  • Get S$2,500 in Tesla (TSLA) shares when you fund a minimum of S$100,000 and maintain until 31 January 2025. 

Get a S$20 Grab/NTUC voucher from Beansprout

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Receive a S$20 NTUC FairPrice or Grab voucher from Beansprout in addition to the Webull welcome gift when you sign up for a Webull account via Beansprout and fund any amount by 29th February 2024.

Simply submit your contact information via this Google Form after you've signed up!

Step-by-step guide to signing up for a Webull Singapore account

Step 1: Register for a new Webull account

Click here to register a new account

After clicking “Get Rewards Now” you will be directed to registration page.

Here are what you'll need to do next

  • Key in your phone number
  • Select “Send Code” and you will receive a code via SMS
  • Key in the code sent to you
  • Read and agree to the Terms & Conditions & Privacy Policy

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Step 2: Set up your new Webull account

Next, you can set up your account after successfully registering for a new account. 

  • Download Webull App from the link provided

webull singapore app download

  • Login using your mobile number and select “Open Account” 
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  • Fill in your personal particulars. You may select to link your Singpass account.

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After submitting your details, you will have to wait for approval for your account to be set up. 

Step 3: Fund 

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 a few ways to make deposit: eDDA, Fast or Telegraphic Transfer. 

Webull recommends the eDDA Deposit method, where you will authorise Webull to transfer money from your bank account into your Webull account. To use this method, you can select the “eDDA Deposit” option, login to your internet banking, and set the transfer limit. 

If you'd prefer to manually transfer funds from your bank account, then you can use the FAST method. However, do note that this option is applicable only for SGD deposits, and you'll need to remember to notify Webull that the transfer has been completed. 

To qualify for the promo, you can fund any amount (even S$1!)

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Upon utilising the free lucky draw chance, you will receive the shares within 15 business days per T&Cs. 

You can refer to the full terms and conditions here

Is Webull safe and legit?

For those of you who are already familiar with moomoo and Tiger, Webull is another low-cost brokerage that allows you to buy and sell stocks. 

Here’s an interesting fact - Webull was the second most downloaded app among pure-play brokerages in the U.S. in 2021, according to App Annie. 

According to Webull, it now has over 40 million download globally. 

But I guess what you really care about, is whether your money is safe with Webull. 

It might be helpful to know that Webull Singapore secured its Capital Markets Services ("CMS") license from the Monetary Authority of Singapore in November 2021.

Webull is an option worth considering if you are a trader or an active investor who does not need much hand holding. 

Read our full review of Webull here.

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Source: MAS

Recap on Webull promotion

As a recap, here's how you can earn welcome rewards when you sign up with Webull:

  • Get S$100 in Tesla (TSLA) shares when you sign up for a Webull account, fund a minimum of S$2,000 and maintain until 31 March 2024.
  • Get S$2,500 in Tesla (TSLA) shares when you sign up for a Webull account, fund a minimum of S$100,000 and maintain until 31 January 2025. 
  • Also, receive a S$20 NTUC FairPrice or Grab voucher from Beansprout in addition to the Webull welcome gift when you sign up for a Webull account via Beansprout and fund any amount by 29th February 2024.

Here are the steps to take to enjoy the signup promotion:

  1. Register for a new Webull account via Beansprout by with this exclusive link
  2. Fund your account
  3. Submit your contact information via this Google Form 

The promotion is valid until 29th February 2024 15:59 SGT. T&Cs apply. 

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Get S$100 in Tesla shares

Get S$100 in Tesla shares when you sign up for a Webull account and fund a minimum of S$2,000 in the latest Webull promotion.

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1 comments


  • Rick Ang • 21 Feb 2024 04:30 AM

    can I use webull to trade hong kong listed ETF ? does webull provide free real time hong kong data ?