Webull has launched a special promotion where you’re guaranteed to be a winner every time you spin the Webull wheel. Prizes up for grab include 4,000 shares of Facebook! See how to earn a spin at the wheel and what you can win in this post!
NEW WEBULL USER BONUS
Earn 2 FREE stocks when you sign up with this link.
Get 1 stock for opening an account!
Get 1 more for depositing $100!
Webull Overview
Webull is a brokerage app that allows you to trade stocks, ETFs, options, and cryptocurrencies for free with no minimum balance requirements or fees to open or maintain an account. I’ve covered Webull extensively on this site and it’s personally one of my go-to stock trading apps.
New to Webull? Join for free and receive 2 stocks free that could be worth up to $1,850!
Webull Spin The Wheel Event
Webull latest promo is their Spin The Wheel event.
It’s available from 1/22/2021 to 3/1/2021 where each spin of the wheel wins a prize, including 1 of 4,000 shares of Facebook reserved for this event.
Ninja Update 2/9/21: The wheel has been upgraded to include 1,000 shares of Google!
The prize and probability of winning each prize are:
Prize | Probability |
1 share of Southwestern Energy (SWN) | 25% |
1 share of General Electric (GE) | 15% |
1 share of Facebook (FB) | 1% |
1-month Level 2 Advance | 35% |
3-months Level 2 Advance | 20% |
12-months Level 2 Advance | 4% |
The biggest prize is definitely Facebook as each FB stock is worth $252 (as of 2/1/21).
Other prizes include Level 2 Advance, a premium feature that allows you to see data that professionals see so you can make better trades. That’s also very helpful and normally costs $1.99/month.
How To Earn Spins
During this promotion, complete the 4 tasks listed below and you’ll receive 1 chance to spin the Webull Wheel. After claiming your first prize, keep completing Task D for up to 10 additional chances to spin the Webull Wheel!
TASK | HOW |
A | Open a Webull Brokerage Account |
B | Share this event to your Social Media |
C | Post your goals in the community with #2021 |
D | Refer a new user to open a Webull account |
You can check the status of your promotion (including any prizes you’ve won) by clicking the ‘Menu’ icon on the bottom right-hand corner of the app. You should see a bright blue box with the words “Spin the Webull Wheel”:
Terms & Conditions
- Duration: 1/22/2021 00:00 ET to 3/1/2021 16:00 ET
- This promotion is only open to U.S. residents currently living the in the U.S. who are at least 18 years of age and hold a valid Social Security Number
- There is no order requirements when it comes to completing the tasks. You may start from whichever tasks you choose to.
- You can spin a total of 11 times.
- The 4,000 shares of FB are distributed randomly through an algorithm. Webull will not be adding more shares of FB if the 4,000 shares were claimed before the end of the event.
- If you claim one of the stock prizes, please allow 7-15 business days for your prize to be delivered to your account.
The Bottom Line
Webull did a similar event over the holidays where they offered 2,000 shares of Apple. This is better promo because they’ve doubled the amount of stock shares available to win (4,000 vs 2,000) and a share of Facebook is worth $100 more than a share of Apple.
This promo is on top of the referral stocks you’d normally earn too.
In the holiday version, I won about 2 years worth of Level 2 Advance and a few shares of GE and SWN. No APPL unfortunately, but one can hope for FB in this one!