Webull Influencer Program is a bonus program exclusively for influencers. It pays more than what you’d normally get through regular referrals AND includes an extra $300 bonus for referring other influencers! Learn more about this exciting new program and see what you can make by being a Webull influencer!
Webull is a mobile app brokerage account that lets you buy and sell stocks for free. Users get commission-free stock trades and can also trade exchange trades funds (ETFs) for no cost.
It very similar to Robinhood, the other popular mobile app-based stock account. If you want to learn more, I’ve written about it before. New members can get 2 free stocks worth up to $1,650 for signing up and depositing just $100 to their account.
Additionally, Webull frequently offers existing members hot promotions that are quite lucrative.
Webull Influencer Program
Webull Influencer Program is a bonus program exclusively for existing customers who want to become Webull influencers.
Webull is looking for people that have a lot of friends and family on Facebook or have a large following on social media platforms like Instagram, Twitter, and YouTube. In their own words:
“We would like to establish a long-term partnership to help create more values to both your platform as well as ours.”
It’s real easy to sign up. I just filled out a short form and included this blog. Others have included their Facebook profile with a hundred friends and got approved.
3 Compensation Plan Options
If you decide to join the influencer program, Webull is offering 3 different compensation plans. You can only choose ONE option:
- Plan A: Get a free stock worth between $10 – $250 for each approved account, no deposit needed
- Plan B: Get a free stock worth between $30 – $1,400 for each approved account with a $100+ deposit
- Plan C: Get a free stock worth between $100 – $1,400 for each approved account with a $1,000+ deposit
Plan A is obviously the easiest because your referrals don’t need to deposit any money. That may be appealing for some readers.
Plan C has a nice referral bonus, but it depends on your referrals depositing $1,000 or more.
I chose Plan B since it seems like a good middle ground.
This also compares very favorably to the normal referral program (see below for the comparison), but the Webull Influencer Program has a unique benefit exclusive to this program only – a $300 bonus for referring other influencers!
$300 For Referring An Influencer
You and your friend will both receive an extra $300 bonus when they successfully sign up to the Webull Influencer Program.
- You’re eligible to claim the bonus when your friend has referred 5 people to Webull who successfully make an initial deposit of $100 or more within 30 days of signing up for the Webull Influencer Program.
So not only will you get a free stock for every referral, but anyone that joins the influencer program through you and get their own referrals, you’ll each make a cool $300!
Webull Influencer Program vs Normal Referral Program
Let’s compare the Webull Influencer Program versus the normal referral program that everyone is automatically part of when they have a Webull account.
While the Webull Influencer Program has 3 different referral compensation options, the normal referral program only has one.
- Normal Referral Program: Get 2 free stocks worth between $12 – $1,400 for each approved account with a $100+ deposit
The normal referral program closely aligns to Plan B of the influencer program, but as you can see, the minimum stock value you’ll get with the normal version is $24 ($12 x 2 stocks) compared to $30 in the Plan B of the influencer version ($30 x 1 stock) for a difference of $6 per referral.
The extra $6 can be huge if you have a lot of referrals.
The Bottom Line
It’s nice to see Webull come up with a new way of rewarding people who refer their friends and family to their stock trading app.
I also appreciate the fact that Webull only allows existing users to refer people. We’ve all seen how so many so-called influencers try to sell a product or service that they never use themselves.
They only want people who have used the Webull app and are happy to share with others.
I signed up earlier this year and love it – it’s how I trade on the go. No fees for buying and selling stocks and an easy-to-use app gives me no hesitation to recommend it people I know.