(Free up to S$1,938) Webull Referral Link

Sign up for Webull Singapore using my referral link (PM me using bottom right icon) and you can unlock up to S$1,938 in NVIDIA fractional shares and free stock vouchers as a new user. You also get an extra referee bonus of up to S$300 on top for signing up through a referral link. The new Welcome Rewards campaign runs from 30 September 2026, 16:00 SGT to 31 December 2026, 15:59 SGT. It’s open to Singapore residents and is straightforward to claim if you can fund the account within the qualifying window.

What Is Webull and Why Use It

Webull is a Nasdaq-listed online brokerage (ticker: BULL) with over 28 million registered users globally. In Singapore, it operates as Webull Securities (Singapore) Pte. Ltd., which holds a Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (Licence No. CMS101150). So it’s a properly regulated broker, not an offshore app.

What makes it popular with Singapore investors:

• S$0 platform fees and S$0 commissions on US stocks and ETFs, with no conditions attached.
• 1 year of commission-free SG stock trading for new clients. After that, the commission is 0.025% (min. S$0.80). A separate 0.025% platform fee (min. S$0.80) applies throughout, plus SGX clearing/SI fees.
• US options at US$0.55 per contract with no platform fee.
• Access to US stocks, US options, SGX-listed SG stocks, HK shares, China A-shares, futures, mutual funds, and US Treasuries, all in one app.
• MyInfo via Singpass account opening, which takes under 15 minutes and is usually approved within an hour.
• Funding via eGIRO/eDDA, FAST, or PayNow.
• Moneybull cash management, so idle SGD/USD cash can earn yield while uninvested.

If you’re choosing between brokers, the combination of zero US-stock fees and a generous sign-up promotion makes Webull one of the stronger broker welcome offers in Singapore right now.

Webull Referral Code: What You Get

Webull Singapore uses a referral link rather than a typed code. Sign up through my referral link (PM me using bottom right icon) and your account is automatically tagged for the new user promotion and the referee bonus.

The Welcome Rewards are tiered by net cumulative deposit. You must deposit at least S$3,000 within 30 days of your first deposit to start earning anything:

New this round: S$50 Trading Reward. Once your net cumulative deposit reaches at least S$3,000, make 3 qualifying trades to earn an extra S$50 in NVDA shares. A qualifying trade is a filled Buy-to-Open order for stocks or ETFs with a minimum value of US$100 / S$150 / HK$900 / CNH800. You can get one tier reward plus one Trading Reward, so the maximum is S$1,888 + S$50 = S$1,938.

Referee bonus. Because you’re signing up through a referral link, you also get a bonus of up to S$300 stacked on top of your Welcome Rewards. It’s tiered by the same deposit levels. To qualify, you must make your initial deposit within 30 days of signing up. Check the in-app referral page for the exact amount at each tier.

A few things worth knowing about how the rewards pay out:

• Free stock vouchers are delivered within 15 business days after you maintain your tier for 30 days (60 days for the S$300,000 tier).
• NVIDIA fractional shares are delivered within 15 business days after the full maintenance period (30/90/180 days).
• The maintenance period starts from the first day you reach your tier.
• Rewards must be claimed under “My Rewards” in the app, so don’t let them lapse.
• Free stock vouchers can be used to buy any eligible stock you like. They’re not locked to NVDA.

Most retail investors will realistically target the S$3,000 or S$10,000 tier. Park S$10,000 for 90 days and make 3 small buy trades, and you walk away with S$338 in assets you can sell, before counting the referee bonus.

How to Use the Webull Referral Code (Step-by-Step)

Getting set up takes around 15–20 minutes if you have Singpass ready.

1. Tap on my referral link (PM me using bottom right icon). This tags you for both the Welcome Rewards and the referee bonus. Don’t sign up directly via the App Store or Play Store, or you may not be tagged.
2. Open the account using Singpass MyInfo. This pre-fills your NRIC, address, and employment details. You’ll do a quick risk profile and complete the W-8BEN form for US dividend withholding.
3. Wait for approval. This usually takes under 1 hour during business hours.
4. Make your first deposit within 30 days of signing up. Use eGIRO/eDDA, FAST, or PayNow. You need this for the referee bonus.
5. Reach at least S$3,000 within 30 days of your first deposit. Bigger deposits unlock higher tiers (see table above).
6. Optional: make 3 qualifying buy trades (min. US$100 / S$150 each) after hitting S$3,000 to earn the extra S$50 in NVDA shares.
7. Maintain the balance. Keep your net cumulative deposit at or above your tier for the required maintenance period (30/90/180 days).
8. Claim your rewards under “My Rewards”. Vouchers arrive first, and NVDA shares follow after the maintenance window closes.

Eligibility & Terms You Should Know

The promotion is generous, but the terms are strict. Read these before you deposit:

• New users only. You must be opening your first Webull Singapore account. If you’ve previously had a funded Webull SG account, you won’t qualify. If you opened an account earlier but never funded it, check the campaign T&Cs, as Webull addresses this case specifically.
• Singapore resident, age 18+. You’ll need a valid NRIC or FIN, a Singapore-registered phone number, and a local bank account for funding.
• Net cumulative deposit matters. This is total deposits minus withdrawals. If you withdraw during the maintenance period and drop below your tier, you can lose that reward.
• The 30-day deposit window is firm. You must reach at least S$3,000 within 30 days of your first deposit, or the rewards are off the table.
• One tier reward only. Tiers don’t stack. You get the single highest tier you qualify for, plus a maximum of one S$50 Trading Reward.
• NVDA shares are fractional. You receive a S$ value in NVIDIA fractional shares, not a fixed share count. You can sell them anytime once credited.
• Promotion runs until 31 December 2026, 15:59 SGT. Webull has extended this campaign before, but treat the current deadline as final. Terms can change without notice.

Trading involves risk. The NVDA shares you receive can rise or fall in value once credited, so the “S$1,938” headline figure assumes share prices at the time of issue.

Is the Webull Referral Bonus Worth It?

Honestly, for most Singapore investors, yes, especially if you were already considering a low-cost broker for US stocks.

• S$10,000 tier: S$288, or S$338 with the Trading Reward, over 90 days. That’s an effective 2.88–3.38% over three months, assuming NVDA holds its value. This beats most fixed deposit promos in Singapore right now, before counting the referee bonus.
• S$3,000 tier: S$68, or S$118 with the Trading Reward, after just 30 days. This is the best ratio of reward to capital if you’re happy to place 3 small US stock buys.
• Zero fees on US stocks means the 3 qualifying trades cost you nothing in commission. Just mind the FX conversion and the bid-ask spread.
• The NVDA shares and stock vouchers are liquid and withdrawable. You can sell them and withdraw the proceeds once you’ve completed the maintenance period.

The case to be cautious:

• Payouts are slower than before, at up to 15 business days after each maintenance window. Factor that into your cash planning.
• The S$300,000 tier needs a serious capital commitment. It’s only worth it if you’d be parking that much with a broker anyway.
• If you can’t reliably keep funds untouched for 90 days, stick to the S$3,000 tier, where the maintenance is only 30 days.

A nice feature of Webull’s structure is that the tier rewards themselves still need no trades. Trading only unlocks the optional S$50 top-up.

FAQ

Does the Webull referral link still work?
Yes. A new Welcome Rewards campaign started on 30 September 2026 and runs until 31 December 2026, 15:59 SGT, with rewards of up to S$1,938, plus a referee bonus of up to S$300 when you sign up via a referral link.

What changed from the previous Webull promotion?
The tier totals are the same (S$68 to S$1,888), but the NVDA/voucher split is different at every tier except the top one. There’s a new S$50 Trading Reward for 3 qualifying trades. Payout timing is now within 15 business days, previously 7.

How long does the Webull sign up bonus take to credit?
Free stock vouchers arrive within 15 business days after you maintain your tier for 30 days (60 days for the top tier). NVDA fractional shares arrive within 15 business days after your full maintenance period ends (30/90/180 days depending on tier).

Can I use the Webull referral link if I already have an account?
Generally no. The promotion is for new Webull Singapore users. If you registered before but never made a deposit, check the campaign T&Cs for your eligibility.

What’s the minimum deposit to get a Webull bonus?
You need a S$3,000 net cumulative deposit within 30 days of your first deposit, maintained for 30 days. That earns S$68 (S$40 NVDA + S$28 vouchers), or S$118 if you also complete 3 qualifying trades. There’s no minimum deposit to open the account itself.

Do I have to trade to get the Webull welcome reward?
Not for the tier rewards. You just deposit and maintain. The optional S$50 Trading Reward does require 3 filled buy orders of at least US$100 / S$150 each. The free stock vouchers also need to be used to buy stocks, because they’re vouchers, not cash.

Can I withdraw the NVDA shares and stock voucher rewards?
Yes. Once the NVDA fractional shares are credited, you can sell them at the prevailing market price and withdraw the proceeds via PayNow or FAST. Free stock vouchers must be used to buy eligible stocks first, which you can then hold or sell.

Is Webull Singapore safe?
Webull Securities (Singapore) Pte. Ltd. is licensed and regulated by the Monetary Authority of Singapore under CMS Licence No. CMS101150. Client assets are held under MAS-mandated safeguards. It’s one of the more credible foreign-owned brokers operating locally.