Webull runs a referral program and publishes no current terms for it. Its live help page covers only mechanics, and its public promotion pages describe campaigns that ended in 2020 and still say so on the page. That is why the figures quoted for Webull disagree with each other everywhere you look: they are drawn from different dead promotions. The only current terms are inside the app.
How you get your link
In the Webull app open Menu, then Promotion Center, then Referral Bonus, then Copy My Referral Link.
- Share your referral link
What the person you refer gets
The referred person gets no separate bonus from this program. They must still open a brokerage account and let a first deposit settle for you to be paid.
The cap, exactly
Webull publishes no cap for this program. That is not the same as there being none, so confirm on the terms page before you plan around it.
Tax treatment
We have not yet confirmed how Webull treats this reward for tax. Check the program terms. The tax falls on the person doing the referring, not the person referred. This is reference information, not tax advice.
Where you may share this link
We have not yet read Webull's referral terms closely enough to say whether public sharing is permitted. Until we have, treat it as restricted and check the terms yourself.
When it pays
Claim from My Rewards once the invite status reads Deposit Settled.
The fine print that matters
- Webull's public invitation pages are stale. One carries a time limit of 2/20/2020 to 3/31/2020 and shows an ended-event notice; its terms list is dated 9/1/2020 to 9/30/2020.
- Any per-referral figure or tiered free-stock count quoted for Webull traces to one of those expired campaigns. We publish none of them.
- The current terms are shown in the app under My Free Stock. Check them before you rely on any figure.
- The referral link is the only way a referral is credited, and it does not expire.
- Your friend must never have held a Webull trading account before.
- Webull runs a separate affiliate program, which is a different thing from refer a friend.
Sources: webull.com referral program help page (checked Jul 21, 2026)
Dealaka does not host referral links for this program and takes no share of any referral reward. This page describes the terms Webull publishes. Something wrong? Send a tip.