Webull Announces Competition Aimed At Giving Back to Traders and Community
Independent Broker Dealer's Webull WeTrader Event, Which Helps College Grads Pay Off Their Loans& Benefits Shriners Hospitals for Children, Kicks Off On October 7th.
NEW YORK, Sept. 26, 2019 /PRNewswire/ -- Webull Financial LLC, an independent, self-directed broker dealer focused on zero commission stock trading and in-depth market data, has announced its inaugural Webull WeTrader Competition. The event,which provides amateur and veteran traders the chance to winprizes throughout the five week paper trading competition, officially runs from Monday, October 7th to Friday, November 8th. Registration opens today.
The Webull WeTrader Competition will be split into two parts – the Professional Trading Competition and the Grand Prize Round. The offering will allow green traders the ability to perfect their skills, and experienced traders a chance to enhance their strategies, all while working towards a larger goal.
“The WeTrader Competition gives traders the perfect opportunity to prove their proficiency with the full range of Webull trading tools at their disposal," said Anthony Denier, CEO of Webull. “We wanted to incentivize our users to improve their skills by presenting them with the opportunity to excel personally, while giving back to the community."
Each round of the Professional Trading Competition will consist of a one week trading period, with Amazon gift cards totaling at $10,800distributed amongstthe individuals with the top 10 most profitable portfolios weekly. The winners at the end of the initialfour-round competition will be invited to join the Grand Prize Round, where they will compete to win aTesla Model 3 Standard, or $40,000 to pay off their student loans, which continue to be a burden for many college graduates.
Participants can also gain entry into the Grand Prize Round by accumulating"likes" from other Webull users. The top 30 accounts to receive the most points on their trading profile will automatically be invited to the Grand Prize round.
As an added bonus, the total positive returns of all competition participants will be multiplied by 0.1%, and Webull will donate up to $50,000 of these returns to the Shriners Hospitals for Children.
With the ultimate goal of transforming children's lives by providing exceptional healthcare through innovative research, Shriners Hospitals for Children?offers innovative pediatric specialty care, world-class research and outstanding medical education around the world.
Webull aims to offer an excellent experience to its users through an all-in-one, self-directed investment platform, as well as offering advanced and intelligent investment tools and services. Its multi-platform accessibility is designed for beginner, intermediate and advanced traders, providing users with zero commission day trading, free real-time quotes (provided by NASDAQ Last Sale data feed), extended trading hours, 24/7 online help, and much more.
Current Webull users, and those looking to participate, can register for the competition by visiting www.webull.com, where they can also view official competition rules and regulations. All participants must have a Webull account and have downloaded the Webull app, available in the Apple and Android stores. Participants who do not register by the October 6th registration deadline are able to join the competition week-by-week.
For more information, please visit www.webull.com/wetradercompetition.
About Webull Financial LLC
Webull Financial LLC is a broker-dealer registered with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). The headquarters of Webull Financial LLC is located at 44 Wall Street, New York, NY, USA.
Risk Disclosure: System response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors. Trading of stocks and all other investment products involves substantial risk of loss and it is not suitable for every investor. The value of stocks may fluctuate and as a result, clients may lose more than their original investment. Free stock trading refers to zero commission for Webull Financial LLC self-directed individual cash or margin brokerage accounts that trade U.S. listed securities via mobile devices or Web. Relevant SEC & FINRA fees may apply. Download the Webull stock trading app in the Apple App store or Google Android Store for free.
About Shriners Hospitals for Children
Shriners Hospitals for Children is changing lives every day through innovative pediatric specialty care, world-class research and outstanding medical education. Our locations in the United States, Canada and Mexico provide advanced care for children with orthopaedic conditions, burns, spinal cord injuries, and cleft lip and palate.
Shriners Hospitals for Children is a 501(c)(3) nonprofit organization and relies on the generosity of donors. All donations are tax deductible to the fullest extent permitted by law. For more information, please visit shrinershospitalsforchildren.org.