Webull is one of the controversial platforms known to go alongside Robinhood. Webull is a web-based and app-based trading platform that has more similarities to Robinhood, offering an eccentric community experience and a simple way of trading for up-and-coming young investors. This trading platform allows you to invest in stocks, ETFs, buy and sell cryptocurrencies at a minimum with Webull crypto, and options with Webull financials.
Furthermore, Webull helps you trade with zero commission, and with simple voice prompts such as “buy”, “sell”, or “search”. the Webull app allows you to place orders and look up tickers using only your voice on Webull. Also, it allows users and investors to trade about11 cryptocurrencies which include Bitcoin, Ethereum, Litecoin, Dogecoin, Zcash, Dash, Stella Lumens, Ethereum Classic, and the most trending coin known as Shiba Inu.
Webull App Features
Unlike some other mobile trading apps, the app is actually easy to access. It has some amazing features which help in daily investment. This feature involves perfect chatting tools, the ability to enter complex trade orders. And a feature-packed stock screener and offers the opportunity to let investors sell stocks short.
Downloading the Webull app on a desktop is quite easy simply visit the Webull page @ www.webull.com or www.webull.com/introduct. At the top of the homepage, you will see a Download feature. Click on it and your Webull app would be downloaded.
To download it on your mobile devices both Android and iOS, simply visit your respective App Stores and search for it. And once found download and install, no long stories.
Is The Webull App Safe?
The Webull app is being regulated by high-tiers financial authorities and provides a $500,000 max investor protection. Including a $250,000 limit for cash under the Securities Investor Protection Corporation’s (SIPC) protection program. So there’s no doubt that the Webull app is safe.
How to Withdraw on Webull App
Since the app is easy to access, withdrawing your funds is something you can do also with ease. I will teach you how to withdraw your funds in this particular section of this article. To initiate an ACH withdrawal do the following below;
- Visit the homepage on your webull mobile app
- Click the webull logo in the middle of your screen
- Then, click on “transfer” tab found at the top options of your screens
- Click on withdraw
- Input an amount less than or equivalent to the amount you have on your account
Note> it takes about 1-2 business days to complete an ACH withdrawal.
How to Deposit on Webull App
After registration or signing up on the Webull app, what comes next is making your first deposit. This is crucial because without a deposit being made, trading can’t be analyzed. And you can’t as well buy or sell on the Webull platform. So, this is how to make your first deposit and also apply the same method to all consecutive deposits.
- Visit the webull site using the app on your device
- Click the webull logo which will take you a page
- Click on “transfer” tab found at the top options on your screen
- Click on deposit
- Fill in the amount you want to deposit and click transfer to webull
- wait for the deposit process to be completed
Immediately the deposit process begins, you get a make-do credit deposit (up to $1,000) as buying power for trading stocks, cryptocurrencies, and ETFs. It takes about 5 working days for incoming funds to settle in your account and convert to full buying power.
Please, beware also that>> deposits made on weekends, will be processed on Monday morning, and also deposits made after 4.00 pm EST on business days, will start being processed on the next trading day. Also, deposits made before 9.00 am EST on trading days will begin the process during trading hours. Also note, ACH deposit takes about 4-5 working days to settle and be cleared.