is Now Available
on Webull
Why Webull?

Absolutely No Commissions

0 Commissions and no deposit minimums. Everyone gets smart tools for smart investing.

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Free, intuitive and effective tools across All Platforms (web, desktop, and mobile app.)

Stay Connected 24/7

Our customer service reps are ready 24/7 to help guide you through our multiple platforms and answer all your questions!

Open an IRA
Earn up to $1,500 in gift cards!

Deposit the required amount into your IRA and you can earn up to $1,500 in gift cards! Rules

Open an IRA Now!

*New Webull users will have 45 days from registration to
complete the deposit tasks and be rewarded.


*Existing Webull Users who are participating: your “total
deposit” will be the amount you funded into your account(s) from the start of promotion.


*To open an IRA, please update your Webull app to version
5.8.0 and above. You may download the app in iOS app store
or the Google Play store.

IRA FAQs

1. Why is an IRA a good deal?
  1. Save for Retirement
    1. Set up your financial strategy for a successful retirement with no account minimums
  2. Tax Advantages
    1. You can defer paying taxes on the earnings and growth of your savings until you start distributions.
  3. Investment Flexibility
    1. Diversify with a wide variety of investment products including stocks, ETFs, and options.

2. How to open an IRA with Webull?
    Opening an IRA online can be done in a few simple steps. The process can be quick and easy.
  1. You can follow the step-by-step below to open an IRA on Webull:
    1. Step 1 - Sign up Webull and open a brokerage account
    2. Step 2 - Once your brokerage account application has been submitted and approved, select “Open an IRA”
    3. Step 3 - Decide which IRA suits you best and choose the type of IRA you would like to open.
    4. Step 4 - Submit your application and wait for account approval.

3. What types of IRAs does Webull offer?

Webull offers 3 different types of IRAs to serve different financial goals: Traditional IRA, Roth IRA and Rollover IRA.

  1. Traditional IRA
    1. Contributions you make to a traditional IRA may be fully or partially deductible, depending on your circumstances. Generally, amounts in your traditional IRA (including earnings and gains) are not taxed until distributed. With a traditional IRA, your money can grow tax-deferred, but you’ll pay ordinary income tax on your withdrawals, and you must start taking distributions after age 70½.
  2. Roth IRA
    1. With a Roth IRA, your contributions are made with after-tax money, so they are not tax-deductible. You're able to withdraw your contributions tax- and penalty-free at any time, for any reason. Any earnings have the potential to be withdrawn tax-free in retirement, provided that certain conditions are met.
  3. Rollover IRA
    1. A Rollover IRA is an account that allows you to move funds from your old employer-sponsored retirement plan into an IRA. With a Rollover IRA, you can preserve the tax-deferred status of your retirement assets, without paying current taxes or early withdrawal penalties at the time of transfer.

Terms & Conditions

  1. 1. Duration: 10/23/2019 00:00-12/31/2019 23:59(EST)
  2. FREE-Stocks: Offer valid for first time Webull Individual account deposit. During this event duration, new Individual account holders, who make an initial deposit of $100 or more within 30 days of Individual account approval, will be able to claim a free stock valued between $8-$1000. Free stocks can only be claimed when the deposited amount has settled into your account. Please note, deposits may take up to 5 (five) business days to settle.
  3. GIFT CARDS: Offer valid for one new Individual account, or IRA and funded within 45 calendar days of registering. To receive a $30 gift card, account must be funded with $2,000- $10,000. To receive a $50 gift card, account must be funded with $10,000- $24,999. To receive a $250 gift card, account must be funded with $25,000- $99,999. To receive a $350 gift card, account must be funded with $100,000-$249,999. To receive a $700 gift card, account must be funded with $250,000-$499,999. To receive a $1500 gift card, account must be funded with $500,000 or more. Offer is not transferable and is not valid for internal transfers. Limit one offer per client. Accounts will be reviewed 45 days after registration to determine the total qualifying deposit. The total amount of Amazon Gift Card will be distributed between five (5) months. In order to receive the full reward, you cannot initiate a transfer or pull for six (6) months. Receive your rewards on a monthly basis. Example of Gift Card Distribution Timeline:
  4. Transfer Fee Credit: During this event, transfer your (non-Webull) IRA/ individual account to Webull and we will reimburse your transfer fees, up to $100. Your incoming IRA / Individual account must have an asset of at least $2000 in order for us to reimburse the transfer fee. Please note, this is a one-time offer and will only apply to your first account transfer.
  5. About free stock:
    1)The program stock inventory is composed of: stocks with a minimum market capitalization of $2.5 billion, from a US-based company and listed on NYSE or NASDAQ Stock Exchange. The odds of specific stock allocation is implied as follows: Stock in the $8/share - $10/share range, approximately 1:1.02; stock in the $10/share-$100/share range, approximately 1:52.63; stock in the $100/share - $2000/share range, approximately 1:1111.11; stock in the $1000/share - share range, approximately 1:10000.
    2)Participants have 30 days after their initial deposit settles to claim their free stock. Otherwise, the free stock offer will expire. Customers may only receive one (1) deposit bonus per Individual account.
    3) The free stock will be credited to the customer’s account within seven (7) trading days after it is claimed.
    4)Stock distributed under this promotion does not constitute a recommendation for its purchase, sale or holding.
    5)Customers may hold or sell the awarded stock that has been credited to their account. Money received from the sale of the stock can be withdrawn or be used to buy other eligible securities in the account.
  6. About Gift cards:
    1) If you qualify for an Amazon gift card, you can view it on the Menus tab by tapping on “Promotion Center” and tapping on “Prize”. Amazon gift card prizes need to be verified and can take as long as a day to register. If you withdraw your reward balance before the 15th of the current month and verified your email address, we will issue the card to said email address on the 30th of said month. If you withdraw your reward balance after the 15th of the current month and verified your email address, we will issue the card to said email by the 30th of next month.
    2) After the gift card shows up in your reward center, please remember to verify your email address within the next 90 days, or it will expire.
  7. Transfer Fee Reimbursement:
    1) Once you have transferred into a Webull IRA/ Individual account, you will receive a *PUSH notification regarding submitting proofs for the reimbursement. In order for us to issue the reimbursement, you must submit a copy of your most recent statement from your previous brokerage account with evidence of a transfer fee. It may take up to a total of 10 business days for your transfer fee to be approved and reimbursed in the form of Amazon Gift Card.
    2)Once the reimbursement has been approved, it may take up to (7) business days for the Amazon gift card to show up in your app’s “Prize” page. 3) The initial deposit of $2,000 or more within the first 30 days of account approval cannot be pulled/transferred before 60 days. Users who break this rule will not receive a gift card.
  8. Where required by applicable rules and regulation, the monetary value of all received Webull Financial LLC offers may be reported as Other Income on Form 1099-MISC. Webull Financial LLC is not responsible for any taxes related to this stock reward program.
  9. This program is open to U.S. residents currently living in the U.S., who are at least 18 years of age and hold a valid Social Security Number. Employees, contractors, or persons similarly associated with Webull Financial LLC or a Webull affiliate, members of their household and employees of any securities regulatory organization or exchange are not eligible for this program.
  10. If you have both a Webull individual account and an IRA, the reward will only be counted once.
  11. At its discretion, Webull Financial LLC reserves the right to adjust the incentive program parameters.
  12. Webull Financial LLC reserves the right to decline participation of certain customers in its incentive programs.
  13. Webull Financial LLC reserves the right to terminate the incentive program at any time without notice.
  14. Other restrictions may apply and will be posted on the Webull APP or website prior to effectiveness.