Recently launched trading platform Webull is currently running their launch and sign-up campaign, where investors who successfully open and activate a trading account with it will stand a chance to win free stocks and vouchers, including 5x Apple shares. Ongoing from today until 1 July 2024, this is on top of other welcome rewards, such as complimentary Level 2 real-time market quotes for Bursa Malaysia stocks and the US market for 30 days, as well as 180-day commission-free trading for both markets.

To start, new Webull investors will be able to earn a lucky draw chance to win one of the following prizes when they deposit a cumulative minimum of RM8,000 into their trading account during the campaign period and maintain it for 30 days (from the day that you make the minimum net deposit of RM8,000):

Rewards	Estimated value
5x Apple (AAPL) stock	US$915 (approximately RM4,333)
Vanguard S&P 500 (VOO) ETF	US$212.70 (approximately RM1,000)
Meta (META) stock	US$42.50 (approximately RM200)
US$10 US stock trading vouchers (40x)	US$400 (approximately RM1,894)
US$10 US stock trading vouchers (8x)	US$80 (approximately RM378)

Webull further clarified that you are free to trade with and transfer the RM8,000 fund between your Securities and Derivatives account in Webull, as long as the minimum net deposit amount is maintained.

So for instance, if you’ve deposited RM8,000 and fully utilised this amount for trading, eventually causing your account value to decrease to RM3,000, you’ll still be entitled to one free chance to draw a prize. On the other hand, if you deposit RM20,000 into your account during the campaign, but subsequently withdraw RM15,000 at a certain point (leaving you with RM5,000 balance), you’ll be disqualified from receiving your chance to draw a prize.

Note as well that your free chance to draw a prize will be issued within seven business days after meeting the requirement, after which you need to claim it. If you manage to draw a free stock, the shares will be credited to your account within 15 business days.

Meanwhile, those who receive the US$10 US stock trading vouchers can find their vouchers in the “My Rewards” page, under the “To be claimed” tab. However, do be aware that there are certain conditions to abide by if you wish to use them, such as a 60-day validity period, so make sure to check!

Aside from this opportunity to win free stocks and trading vouchers, new investors will also be entitled to complimentary Level 2 real-time market quotes for Bursa Malaysia stocks and the US market (Nasdaq TotalView) for 30 days. This free subscription will be made available from the day of your successful sign-up, after which your access will be reverted to the default 15-minutes delay upon accessing the market quotes.

A third reward that you can also enjoy as a new Webull investor is the commission-free trading period of 180 days for your Malaysian and US stock trades. This will also be made available to you automatically upon the successful activation of your trading account; note that you’ll still need to pay certain fees and taxes that are related to your trades, as listed here.

For context, this sign-up campaign by Webull has been running since the official launch of the trading platform in mid-May 2024. Aside from offering access to a variety of Malaysian and US securities and derivatives products, the platform also comes with features like US fractional trading as well as a range of educational resources and tools via Webull Learn.

(Source: Webull)

• TAGS:
• Apple Stock
• Bursa Malaysia
• Bursa Malaysia Derivatives
• Bursa Malaysia Securities
• Nasdaq TotalView
• Promotional Campaigns
• Webull
• Webull Malaysia
• Webull Securities (Malaysia) Sdn Bhd