How to Use a Webull Referral Code or Referral Link in 2026 (Complete Guide)

Most people leave free money on the table when they sign up for Webull.

Not because the bonus is hard to claim — but because they skip one step. They go directly to webull.com or the app store, create an account, fund it, and then wonder why nothing appeared in their rewards. The referral bonus does not activate unless you sign up through a referral link first.

In 2026, Webull’s referral and welcome promotion system has evolved. The platform no longer relies solely on the old “free stocks” model — it now layers in fractional share rewards, deposit-match bonuses, and IRA contribution matches depending on which campaign is active when you sign up. Getting the full reward stack means understanding which promotion applies to you and triggering it correctly.

This guide covers everything: how referral links work, how to use one as a new user, how to find and share your own referral link as an existing user, what rewards to expect right now, and the mistakes that kill your bonus before you even realise it.

→ Claim your Webull referral bonus here

Why Most People Use a Webull Referral Code Wrong

The most common mistake is treating the referral link as optional.

It is not. The referral link is not a coupon code you enter at checkout — it is the mechanism that tags your account as having come through a referral at the point of registration. If you sign up without it and then try to apply a code later, Webull will not retroactively credit the bonus. The window is closed.

The second most common mistake is assuming the referral link and the welcome bonus are separate things. In 2026, they are often the same process. When you sign up through a referral link, you are simultaneously triggering the inviter’s reward and your own new-user welcome promotion. Both fire from the same registration event.

The third mistake is failing to fund the account within the required window. Webull’s referral terms require the new user to make an initial deposit within 30 days of registration. Miss that window and neither party receives anything, regardless of how cleanly the sign-up was executed.

The core principle is simple: click the referral link first, register, fund within 30 days. In that order, without shortcuts.

What You Need Before You Start

You do not need much to get started, but there are a few things to have ready before clicking through the referral link:

• A referral link. This is the link you receive from an existing Webull user, or find on a site like this one. You can get the current active referral link here.
• A valid email address or mobile number for account registration.
• Government-issued ID for identity verification — Webull requires this for all accounts.
• A linked bank account or funding source to make your initial deposit.
• The Webull mobile app (iOS or Android) — some rewards can only be claimed through the app, not the browser.

For Singapore users, Webull Securities (Singapore) Pte. Ltd. is regulated by the Monetary Authority of Singapore and holds a Capital Markets Services (CMS) Licence (CMS101150). You will need a SingPass or MyInfo login for faster identity verification.

For US users, Webull Financial LLC is a FINRA member with SIPC coverage up to $500,000.

The Full Workflow: How to Use a Webull Referral Link Step by Step

Step 1 — Click the Referral Link (Not the App Store) (2 minutes)

This step is where most people fail, so be deliberate about it.

Do not open the App Store or Google Play and search for Webull. Do not go directly to webull.com or webull.com.sg and register. Either of those routes bypasses the referral entirely.

Instead, click the referral link directly. The link should open a Webull landing page that confirms you are in a referral session — you may see a banner or message referencing an invite or bonus. That confirmation is your signal that the referral tag is active.

What you end up with: A browser or app session that is tagged to the referrer’s account, ready to convert your registration into a successful referral.

What to watch: If you are on mobile and the link opens the App Store, install the app and re-open the referral link in your mobile browser to ensure the tag carries through.

Step 2 — Register Your Account (5–10 minutes)

With the referral link active, create your Webull account. You will be asked for:

1. Your email address or mobile number
2. A password
3. Country of residence and citizenship information

Do not close the browser or switch apps during registration — doing so can drop the referral session tag on some devices.

For Singapore users: The registration flow for Webull.com.sg will prompt you to verify identity via MyInfo (Singpass). This is the fastest path — it pre-populates your personal details and typically gets your account approved within a few hours.

For US users: You will need to provide your Social Security Number, a US address, and a government-issued photo ID. Approval is typically same-day.

What you end up with: A registered Webull account that is linked to the referral. The referrer’s bonus will fire once you complete the deposit requirement in Step 3.

Step 3 — Fund Your Account Within 30 Days (5 minutes to set up; 1–5 business days to settle)

The deposit is what triggers the reward — for you and for the person who referred you.

The minimum deposit to qualify for most Webull referral and welcome promotions is $100 USD for US accounts. For Singapore accounts, the minimum initial deposit threshold depends on the active campaign — the Welcome Rewards campaign running into late 2026 starts at S$3,000 for the first reward tier.

For US accounts: Transfer funds via ACH bank transfer from a linked US bank account. ACH deposits typically take one to three business days to settle.

For Singapore accounts: Use electronic Direct Debit Authorisation (eDDA) for fast, seamless transfers. This is Webull SG’s recommended funding method.

What you end up with: A funded account within the 30-day window, which triggers both the referrer’s reward and your own welcome bonus.

Time saved vs manual: The eDDA setup for Singapore takes under five minutes in the app and is faster than a manual bank transfer, which requires additional bank portal steps.

Step 4 — Claim Your Rewards in the App (2 minutes)

This step surprises a lot of new users: Webull does not automatically credit your reward into your account. You have to claim it manually.

To claim your reward:

1. Open the Webull app on your phone.
2. Tap Menu (bottom right corner on iOS; hamburger icon on Android).
3. Navigate to My Free Stocks or My Rewards — the label varies by region and current campaign.
4. Tap Get or Open on each available reward.
5. Your reward will be posted to your account within 10–15 trading days.

For Singapore users running the 2026 Welcome Rewards campaign: rewards appear in the My Rewards section within the app after your deposit settles. You must claim manually — they will not appear in your portfolio automatically.

What you end up with: Free fractional shares or cash credited to your brokerage account, ready to hold or sell.

The Current Webull Referral Rewards in 2026

Webull’s promotions rotate on a monthly to quarterly basis, so there is no single fixed offer. Here is an accurate summary of what is active as of October 2026:

For Singapore Users (webull.com.sg)

The Welcome Rewards campaign running through late 2026 gives new users a tiered reward based on their initial deposit, with an additional bonus for those who sign up via a referral link:

The maximum combined reward for the highest deposit tier is S$2,188. Rewards include actual NVIDIA (NVDA) fractional shares — not cash equivalents — plus stock vouchers redeemable for any listed stock.

For US Users (webull.com)

The active US promotion as of October 2026 is a fractional share bonus for new deposits:

• Deposit $100 or more → receive 10 fractional shares, each valued between $3 and $300.
• The promotion window ran July 22 to October 14, 2026 — check the current terms page for any updated campaign following that date.

The earlier 3–4% deposit match bonus (which ran January through March 2026 with a maximum payout of $80,000) has concluded, though Webull rotates deposit-match and referral promotions regularly. Always verify the live offer on webull.com before funding.

Important note: Webull’s referral and welcome promotions are updated frequently. The rewards described above were accurate as of October 2026 but may have changed since this was written. The pillar page at dlcuration.com/webull-referral-code.html is updated more frequently — check there for the latest active reward.

How to Find and Share Your Own Webull Referral Link

Once you are an existing Webull user, you can earn additional rewards by referring others. Each successful referral — meaning the new user signs up through your link and deposits — earns you free stocks or a cash reward depending on the active campaign.

To find your referral link:

1. Open the Webull app.
2. Tap Menu (bottom right).
3. Go to Promotion Center → Invitation Bonus.
4. Tap Invite Now — your unique referral link and code will appear.
5. Share via text, email, WhatsApp, or social media.

Webull limits referral rewards to your first 10 successful referrals per promotional period in some campaigns, so there is a cap on how much you can earn per cycle.

For the referral to count as successful:

• The new user must register using your unique link (not a generic Webull link).
• They must open a brokerage account.
• They must make their initial deposit of at least $100 (US) or the applicable minimum (SG) within 30 days of registration.
• Funds must settle — typically five business days for ACH transfers.

You can track your referral status in the Promotion Center section of the app.

The Full Time Breakdown

The difference between getting the bonus and missing it entirely is two minutes of deliberate setup at the start.

What the Webull Referral System Cannot Do

It is worth being clear about the limitations here, because some of what gets written about Webull promotions online is outdated or overstated.

The referral bonus is not guaranteed cash. In 2026, US rewards are primarily delivered as fractional shares — not cash deposits. The value depends on which shares Webull allocates, and the $3–$300 range per share means most people land toward the lower end. Do not count on a specific dollar figure.

You cannot stack multiple referral codes. One referral link per account. Using a second link after signing up does nothing.

Referral rewards are typically taxable. In the US, Webull reports referral bonuses on a 1099-MISC. The free shares are treated as ordinary income at their fair market value on the date received. Speak to a tax adviser if this is relevant to your situation.

The deposit match promotions have strict timelines. The 3–4% deposit match that ran earlier in 2026 paid out in six annual instalments from May 2026 through March 2031 — not as a lump sum. If that type of promotion returns, read the payout schedule carefully before assuming it is immediate.

Webull is not available everywhere. Singapore, the US, the UK, and Australia have localised platforms. The referral link for one region will not work for a user registering in a different region. Use a region-specific link.

Tips to Maximise Your Webull Referral Reward

Use a device where you can complete the full process without interruption. Dropping out of the referral link flow mid-way through on mobile is one of the most common causes of a missed referral tag. Complete steps 1 and 2 on the same device without switching apps.

Fund above the minimum threshold if you can. The tiered Singapore Welcome Rewards structure means the reward scales with deposit size. Depositing S$10,000 instead of S$3,000 triples the base reward from S$68 to S$288, before the referral top-up.

Settle funds promptly. Delays in funding — from late ACH initiations or failed eDDA setup — can push the settlement date past the 30-day window. Initiate your deposit within the first week after registration.

Check the Promotion Center before referring others. Webull sometimes runs enhanced referral campaigns where the first one to three successful referrals earn a larger reward. Timing your outreach to coincide with an active campaign matters.

Do not withdraw your deposit immediately. Some Webull campaigns require you to maintain a minimum net qualifying funding amount through the reward payout period. Withdrawing early can forfeit unclaimed instalments.

Frequently Asked Questions

Final Thoughts

Webull’s referral system is not complicated — but it is unforgiving if you get the sequence wrong. Click the referral link first, register in that session, fund within 30 days, and claim manually in the app. That four-step sequence is the entire process.

The rewards available in 2026 are genuinely worthwhile. Singapore users depositing at higher tiers can clear S$300–S$400 in NVDA shares and vouchers on a single new account opening. US users get fractional shares on a $100 minimum deposit, which is a low barrier for a legitimate return.

The platform itself — zero-commission trading, solid charting tools, and MAS or FINRA regulation depending on your region — is worth opening regardless of the bonus. The referral reward is a reason to do it through the right link rather than a reason to open an account you do not actually want.

→ Get the active Webull referral link and current reward table

Used a Webull referral link and want to share how it went? Drop your experience in the comments — especially if the reward differed from what you expected.

Continue reading:

• Webull Referral Code Singapore 2026 — Full Reward Table
• Best Brokerage Accounts in Singapore 2026
• Webull vs Moomoo: Which Is Better for Singapore Investors?

This advertisement has not been reviewed by the Monetary Authority of Singapore. Investing involves risk. The value of investments can go up or down. Past performance is not indicative of future performance.