Webull Singapore Review 2026: Fees, Promotions, Account Setup & Safety
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Webull Singapore is offering new users up to S$280 worth of Apple fractional shares, subject to meeting the following requirements:
Tier 1 — S$50 worth of Apple fractional shares
- Deposit a cumulative total of at least S$3,000 within 30 days of your first deposit.
- Maintain the required Net Cumulative Deposit for 30 consecutive days, based on Webull’s campaign definition.
- Once the reward appears, claim it under “My Rewards” within 30 days.
Tier 2 — S$280 worth of Apple fractional shares
- Deposit a cumulative total of at least S$10,000 within 30 days of your first deposit.
- Maintain the required Net Cumulative Deposit for 90 consecutive days.
- Claim the reward under “My Rewards” within 30 days after it appears.
You may also enjoy additional welcome benefits. Click the referral link to explore.
Note: This promotion is open only to Singapore-based clients registering with Webull Singapore. Terms and conditions apply.
Table of Contents
About Webull Singapore
Webull is a fast-growing global fintech online brokerage with millions of registered users worldwide. It offers low trading costs, real-time market data, and 0 platform fees for selected markets/products (subject to change).
Webull Financial LLC is a U.S.-based broker-dealer focused on making investing accessible through advanced technology and trading platforms.
In May 2022, Webull launched in Singapore and operates under Webull Securities (Singapore) Pte. Ltd. (“Webull”) (UEN: 202116981M), a Capital Markets Services Licence holder under the Securities and Futures Act 2001, and is regulated by the Monetary Authority of Singapore (MAS).
As of 2025, Webull reported approximately 25 million registered users globally.
Awards and Recognition
- Investopedia: Best Broker for Low-Cost Options Trading (2022)
“Webull has offered some of the lowest-cost options strategies in the industry, alongside a robust set of tools at no cost to its customers.”
- #1 Financial App on the App Store (historical ranking)
Why Choose Webull?
All-in-One Self-Directed Investment Platform
The Webull platform provides an intuitive user experience with advanced trading tools and features.
Key features include:
- Low trading costs with 0 platform fee for selected markets/products (subject to change)
- Fractional shares trading
- NASDAQ TotalView and NBBO quotes to help investors assess market depth
- Trade anytime and seize opportunities round-the-clock
- 24/7 in-app help centre
- Advanced analysis and trading tools
- Intuitive charting tools on the Webull app support informed decision-making
MAS-Licensed Brokerage
Webull Securities (Singapore) Pte. Ltd. is regulated by the Monetary Authority of Singapore (MAS).
Low Trading Fees
Webull charges commissions for certain products, such as US stocks (from USD0.50 minimum per trade).
The latest pricing information can be found here.
Webull Investor Community
Webull Singapore aims to foster a community of like-minded investors by providing educational resources and professional-grade tools to support informed investment decisions.
Platform Features
Moneybull Cash Management
Moneybull automatically invests idle cash into underlying cash funds, subject to fund availability and market conditions.
Moneybull is a cash management feature available for all users, designed to generate yield on idle cash while maintaining liquidity. Returns are not guaranteed and are subject to market risk.
Fractional Shares Trading
Fractional shares trading allows investors to invest smaller amounts in higher-priced stocks without concentrating capital in a single security.
Webull supports fractional share trading from as low as USD 1.
Options Trading
Covered Call and Covered Put Strategies
Covered call and covered put strategies may help investors manage risk and generate income when used appropriately. Learn more.
Index Options
Index options allow investors to trade options linked to an entire market index for hedging or directional strategies. Learn more about Index Options.
Mutual Funds Trading
Mutual funds trading was introduced on Webull in December 2022. Available categories include:
- Cash Funds
- Equity Funds
- Fixed Income Funds
- Multi-Asset Funds
What Are Mutual Funds?
A mutual fund is a professionally managed investment vehicle that may invest in equities, bonds, or other financial instruments.
Mutual funds provide diversification by allowing investors to gain exposure to a portfolio of assets without directly owning individual securities.
Learn more about Mutual Funds.
Regular Savings Plan (RSP)
Launched in May 2023, the Regular Savings Plan allows investors to invest systematically in selected products to average market volatility over time.
The RSP currently supports:
- US-listed stocks
- US-listed ETFs
- SGD and USD mutual funds
Note: For US stocks and ETFs, a minimum USD0.50 commission applies. Mutual fund minimum investment amounts depend on the specific fund.
How to set up:
- RSP: Account > RSP card > Search target
- US Stocks/ETFs: RSP card on the counter page or via the three-dot menu
- Mutual Funds: RSP button on the counter page
Learn more about the Regular Savings Plan.
Take-Profit and Stop-Loss Orders
Introduced in January 2023, Take-Profit and Stop-Loss orders allow investors to manage existing positions during regular trading hours.
- Take-Profit orders are triggered at a specified price and executed as limit orders.
- Stop-Loss orders are triggered at a specified price and executed as market orders.
Notes:
- Stop-Loss orders may be filled at prices different from the trigger price, particularly during volatile market conditions.
- When both Take-Profit and Stop-Loss orders are set, execution of one will automatically cancel the other.
User Experience and Account Setup
Account Registration and Onboarding Experience
Based on personal experience, the Webull Singapore account registration process is largely app-driven and straightforward.
Initial registration allows users to create login credentials using a mobile number. Opening a trading account requires completing additional in-app steps, including identity verification and personal information submission. SingPass MyInfo can be used to autofill certain details, which helps reduce manual input.
The overall application process typically takes around 10 minutes, although approval times may vary depending on individual circumstances and verification requirements.
Account Approval Timeline
Once the application is submitted, Webull reviews the information provided. Some users may receive approval within the same day, while others may experience longer processing times. Approval speed is not guaranteed and depends on verification checks.
Funding the Account
After account approval, users are prompted to set a 6-digit trading PIN before funding their account.
Webull Singapore supports multiple funding methods, including:
- eDDA (recommended for SGD deposits)
- FAST transfers (SGD)
- Telegraphic transfers (SGD, USD, HKD)
eDDA allows eligible bank accounts to be linked for direct debit, enabling relatively fast funding once set up. Actual processing times may vary by bank and funding method.
Who Should (and Shouldn’t) Use Webull Singapore
Webull Singapore is designed for self-directed investors, but it may not be suitable for everyone.
Who Webull Singapore May Be Suitable For
- Investors who actively trade US-listed stocks, ETFs, and options
- Users who value advanced charting, technical indicators, and real-time data
- Investors interested in fractional shares for higher-priced US stocks
- Those who prefer a self-directed platform rather than managed or robo-advisory services
- Investors comfortable managing their own trades, risk, and portfolio decisions
Who Webull Singapore May Not Be Ideal For
- Users who prefer fully managed portfolios or robo-advisory services
- Investors seeking guaranteed returns or capital protection
- Beginners who are uncomfortable navigating feature-rich trading platforms without guidance
Bottom Line
Webull Singapore is best suited for investors who want direct control, US market exposure, and professional-grade trading tools.
Staying Safe from Investment Scams
Be cautious of unsolicited stock tips or investment advice from unofficial sources.
Beware of Telegram or messaging groups claiming to represent Webull. Always verify official communication channels directly via Webull’s website, app, or MAS listings.
Investors can protect themselves by:
- Restricting messaging app privacy settings
- Avoiding unofficial stock recommendations
- Conducting independent research
- Verifying credentials via MAS resources such as the Financial Institutions Directory, Register of Representatives, and Investor Alert List
Disclaimer
All content presented herein may contain advertisements.
No content should be construed as investment advice or recommendation, or an offer or solicitation, to deal in any investment product.
All investors should consider for themselves if the investment products are suitable. Investors are advised to seek advice from a professional financial adviser if they are uncertain if the investment products are suitable for them.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Auntiehuat
Web Administrator
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