is Now Available
on Webull
Get up to $330 Bonus

The minimum qualifying deposit to receive a bonus is $5,000. Accounts will be reviewed 45 days after registration to determine the total qualifying deposit.Learn More>

Open an IRA Now!

Your BonusDeposit or Transfer

$50$5,000 - $9,999

$110$10,000 - $249,999

$220$25,000 - $99,999

$330$100,000+

*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.

Already trading with another IRA account?

Transfer your (non-Webull) Brokerage account over to Webull, and we will reimburse your transfer fees, up to $100.

Why Webull?

Absolutely No Commissions

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

Free Access to Multi Platforms

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

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. Duration: 1/1/2020-3/31/2020.
  2. This promotion is for IRA accounts only.
  3. During this promotion, the bonus will be issued in the form of Amazon gift cards. Accounts will be reviewed 45 days after registration to determine the total qualifying deposit.To receive a $50 gift card, account must be funded with $5,000- $9,999. To receive a $110 gift card, account must be funded with $10,000- $24,999. To receive a $220 gift card, account must be funded with $25,000- $99,999. To receive a $330 gift card, account must be funded with $100,000 or more. Offer is not transferable and is not valid for internal transfers. Limit one offer per client. Gift cards will be distributed at one time. Qualifying users must keep their deposit in their account for at least six (6) months from fund settlement date.
  4. Transfer Fee Credit: During this promotion, transfer your (non-Webull) IRA account to Webull and we will reimburse your transfer fees, up to $100. Your incoming IRA account must have a assets of at least $5,000 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 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.
  6. Transfer Fee Reimbursement:
    1) Once you have transferred into a Webull IRA 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 IRA account with evidence of a transfer fee. The credit will then be deposited into your account within 10 business days once the submitted receipt has been approved.
    2) If you fund your account with a qualifying amount, you will only receive said funding bonus if you don’t withdraw the funds back out within six months time.
  7. 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.
  8. This program is only 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.
  9. At its discretion, Webull Financial LLC reserves the right to adjust the incentive program parameters.
  10. Webull Financial LLC reserves the right to decline participation of certain customers in its incentive programs.
  11. Webull Financial LLC reserves the right to terminate the incentive program at any time without notice.
  12. Other restrictions may apply and will be posted on the Webull APP or website prior to effectiveness.