Recurring Deposits are Now Available on Webull

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Good news! Recurring Deposits are now available on the Webull mobile app. The new feature allows you to set up a Recurring Deposit Plan for your account, giving you the option to deposit a fixed amount on a scheduled date.

You can customize your plan by setting your recurring deposit to add funds daily, weekly, biweekly, or monthly.

To get started:

• Update your app version to 7.4.3 or above.
• Go to the Account page.
• Tap on the "Transfers" button.【Make sure you have linked your bank account via ACH】
• Tap on the "Recurring Deposit" button.

Set up your Recurring Deposit information, including the recurring amount and schedule.

Note:

1. If the date of the recurring deposit falls on a non-banking day (e.g. Saturday or Sunday), the transfer will be deducted on the next trading day (e.g. Monday).
2. Please make sure that your bank account balance is sufficient to avoid ACH reversal. Each ACH reversal is at a cost of $5.
3. If the linked ACH account is deleted, your active recurring deposit plan will be canceled.