Webull is running a limited-time deposit match promotion from September 12 through October 31, 2025. New and existing customers who enroll can qualify for a 3% or 4% Match Bonus, depending on their deposit amount.
- 3% Match — Deposit or transfer $2,000 to $99,999.99
- 4% Match — Deposit or transfer $100,000+
For instance:
| Net Qualifying Funding | Match Rate | Match Bonus |
| $1,000,000 | 4% | $40,000 |
| $100,000 | 4% | $4,000 |
| $90,000 | 3% | $2,700 |
| $50,000 | 3% | $1,500 |
| $2,000 (minimum) | 3% | $60 |
In addition, Webull will reimburse $100 of transfer fees on your first brokerage transfer of $2,000 or more.
The catch is that Webull doesn't pay the entire bonus right away.
Instead, it's spread out in six payments over five years. You'll get a small piece first, then larger chunks each year after that. To keep receiving the payments, you need to maintain your deposit (called “Net Qualifying Funding”) in your account. If you withdraw too much, future payments can shrink or stop altogether.
| Installment | Date | % of Total Bonus |
| 1st | Dec 1, 2025 | 2% |
| 2nd | Nov 1, 2026 | 18% |
| 3rd | Nov 1, 2027 | 20% |
| 4th | Nov 1, 2028 | 20% |
| 5th | Nov 1, 2029 | 20% |
| 6th | Nov 1, 2030 | 20% |
Eligibility Notes
- Minimum to qualify: $2,000
- Maximum qualifying balance: $10 million (bonus capped at $400,000)
- Joint, IRA, crypto, advisor, entity, and event contract accounts are excluded
- All eligible deposits and transfers across Cash and Margin accounts are combined for bonus calculation
- Bonus is credited by default to your Cash account (or Margin if no Cash account exists)
How Does Webull's Offer Compare?
As of now, Webull doesn't offer a free stock bonus. That puts it behind platforms like Moomoo and Robinhood when comparing free stock promotions.
| Company | Free Stock Offer |
| Moomoo | Earn up to $1,000 in NVDA stock and 8.1% APY on uninvested cash for 3 months when you open a moomoo account and deposit $100+ |
| Robinhood | Up to $200 in free shares (no deposit required) |
| TradeUP | Up to $3,600 in free stock with $100 deposit |
Robinhood is currently offering a 3% match paid upfront on IRA contributions only.
For the most up-to-date details, check out our pages on the best free stock offers and the best cash brokerage bonuses.
Thoughts
My thoughts on this bonus are pretty simple: a 4% match is massive. That's a very big deal in the brokerage world. Webull has been around for a while and is fully registered and licensed in the United States, but it's worth noting that they are a Chinese-owned company.
That doesn't mean the offer isn't legitimate—your account still carries the standard SIPC insurance of up to $500,000—but it does mean rolling over something like $10 million would be riskier than sticking with a long-established U.S. brokerage.
One thing I like is that this bonus is showing up directly in my account, which tells me it's open to both new and existing customers who see the promotion.
On the downside, it does over a full year to get just 20% of this bonus. So, your bonus can't compound as fast as an offer paid upfront.
If you're comfortable with the company's ownership structure and mindful of SIPC coverage limits, the upside here is hard to ignore.
