Transfer Basics

How does it work?

You can transfer cash, stocks, and other supported assets into Webull through ACATS (Automated Customer Account Transfer Service). This process electronically transfers eligible assets from another financial institution to Webull. You may choose one of the following:

• Full account transfer: All assets from your other brokerage account will be transferred to Webull.
• Partial account transfer: You may choose which assets are transferred to Webull.

Only one transfer request can be submitted at a time. You must wait for an in-progress transfer to complete before initiating a new one.

Do I need an open Webull account to submit an ACATS transfer?

Yes. You must have an approved and open Webull brokerage account before you can submit an ACATS transfer request.

What securities can I transfer to my Webull account?

You may transfer the following asset types to your account:

• U.S. exchange-listed stocks
• ETFs
• American Depository Receipts (ADRs)
• Eligible options contracts
• U.S. Treasury bonds
• Corporate bonds
• OTC stocks that are tradeable on Webull

Conditions:

• Assets must be tradeable on Webull (search the ticker on any platform; no “Trade” button = not supported).
• All assets must be denominated in USD.
• Minimum value: $100
• Options Expiration: To be eligible for transfer, options contracts must not expire within the next 15 days. Your Webull options level should also be sufficient to support the position once transferred.
• Fractional shares will be automatically liquidated during transfer.
• Bonds Approaching Maturity: Bonds maturing within 2 weeks of the submission date are generally rejected. More specifically, bonds must have more than 10 calendar days until maturity from when the ACAT enters review status, not from when it is submitted. Review status is typically reached 1 to 2 trading days after submission.

Unsupported securities include:

• Cryptocurrencies
• Open-ended mutual funds
• Warrants and rights
• OTC stocks that are not tradeable on Webull

To verify if a security is tradable on Webull, please review the following steps for all platforms:

App:

1. Watchlists (bottom left)
2. Tap the magnifying glass (bottom search bar).
3. Search for the symbol or company name. If there is no trade button displayed, the security is not tradable on our platform.

Lite:

1. Tap the chart icon located bottom left.
2. Select the magnifying glass located top right.
3. Search for the symbol or company name. If there is no trade button displayed, the security is not tradable on our platform.

Desktop & WebTrade:

1. Click the search bar at the top of the page.
2. Search a symbol or company name.
3. If there is no trade button displayed, the security is not tradable on our platform.

What account types are supported?

Currently, Webull allows for the following accounts to be transferred through ACATS:

• Individual Cash
• Individual Margin
• Traditional IRA
• Rollover IRA
• Roth IRA
• Joint (Cash or Margin)

Can I transfer between a margin account and a cash account through an ACAT transfer?

Yes. You can transfer a margin account into a cash account, or a cash account into a margin account, through ACATS, as long as the account registration matches (e.g., Individual ➝ Individual or Joint ➝ Joint).

• Outstanding margin balance: If your margin account has an outstanding margin loan or debit balance, your transfer into a cash account will be rejected, since cash accounts cannot accept margin debt.
• Active margin call: If you have an active margin call, your transfer will be rejected until the call is resolved.
• Joint → Individual transfers: These require additional documentation and cannot be submitted as a standard matching ACAT. See the Starting Your Transfer FAQ for more information.

What fees are associated with my transfer?

Certain financial institutions may charge a higher outgoing transfer fee. For exact charges, please consult your delivering broker.