How many free stocks do I get per Webull referral?

The number varies by promotion. Currently Webull offers 2–12 free stocks per referral. Check the app for the latest promotional offer.

What's the minimum deposit for a Webull referral?

The minimum deposit is typically just $1 or any amount to trigger the initial free stock reward. Higher deposits may unlock additional free stocks during promotions.

How long does it take to receive Webull free stocks?

Free stocks are typically credited within 5 trading days after your friend's deposit settles. You'll receive a notification when they're available.

Webull Referral Program — Earn 2–12 free stocks

2–12 free stocksper referral

Earn 2 to 12 free stocks (each valued $3–$3,000) when a friend opens and funds a Webull account using your referral link.

Payout Type

Stock

Commission Type

One-Time

Difficulty

Easy

Max Referrals

unlimited

Max Earnings

unlimited

Rating

4.5(3187 reviews)

Start Referring →

What Your Friend Gets

2–12 free stocksfor your friend

Your friend receives 2 to 12 free stocks when they open and fund their account.

Requirement: Must open a new Webull account and deposit any amount to receive initial stocks. Higher deposits unlock more free stocks.

How to Refer

1Open the Webull app, tap the menu icon, select 'My Free Stocks' or 'Refer Friends,' and share your referral link.

Pros & Cons

Pros

Multiple free stocks per referral (2–12 during promotions)
Each stock can be worth up to $3,000
Unlimited referrals
Advanced trading tools make it appealing to intermediate investors

Cons

Requires funded account (unlike Robinhood's no-deposit option)
Most stocks land in the $3–$10 range
Platform may feel complex for absolute beginners

Webull Referral Program: Multiple Free Stocks Per Referral

Webull's referral program is one of the most generous in the investing space, offering multiple free stocks per referral. Depending on current promotions, you can earn 2 to 12 free stocks for each friend who opens and funds an account.

How Webull Referrals Work

Share your Webull referral link
Your friend opens a new Webull account
They make an initial deposit (any amount)
You both receive free stocks based on the current promotion

Why Webull Outperforms on Free Stock Quantity

While most platforms offer one free stock per referral, Webull often gives multiple stocks. During promotional periods, both referrer and referee can receive up to 12 free stocks each. This makes Webull referrals especially valuable during promotions.

Webull's Stock Value Range

Each free stock is randomly selected and can be worth between $3 and $3,000. While the most common stocks are in the $3–$10 range, the higher ceiling and multiple stock rewards mean your expected value per referral is competitive with any platform.

Tips for Webull Referral Success

Compare Webull favorably to Robinhood in review content (extended trading hours, better charts)
Highlight the multiple free stocks advantage
Target intermediate investors who want more advanced tools than Robinhood offers
Share during promotional periods when free stock counts are highest

Frequently Asked Questions

How many free stocks do I get per Webull referral?: The number varies by promotion. Currently Webull offers 2–12 free stocks per referral. Check the app for the latest promotional offer.
What's the minimum deposit for a Webull referral?: The minimum deposit is typically just $1 or any amount to trigger the initial free stock reward. Higher deposits may unlock additional free stocks during promotions.
How long does it take to receive Webull free stocks?: Free stocks are typically credited within 5 trading days after your friend's deposit settles. You'll receive a notification when they're available.