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written by reader Free Stocks? No Commissions? Webull Brokerage. Is this new Brokerage firm for real???

By charlier1955, September 22, 2019

This promotion is good til the end of September of 2019.
I just came across it today.
Here is the site:
Here is the offer in two parts ( my summary): 1) Open the account and finish all the account opening process within 24 hours and receive a single free stock valued at $2.50 to $250.00 ( Selected by algorithm, most will come in at 2.50 to 5.00) 2) Fund the account with a minimum of $100.00 within 30 days of opening the account, then receive a single stock $8.00 to !000.00 ( selected by algorithm and most will come in at $8.00 to $10.00) Be sure to click on the ”learn more” to get the full details including the statistical probability of the size of the stock 1 to one for the minimum and 1 to 10,000 for the $1000.00

I did two searches : 1) ”Webull” and ”reviews” 2) ”Webull” and ”scam”. I did find anything bad, but all of the reviews look like PR puff pieces to me.

Has anyone Had any experience with these folks? I might do it just thinking I am buying a lottery ticket. Minimum return of 10.5% and a possible return of $1005.00

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.



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3 years ago

I have not heard of this company, but Robinhood brokerage has a no minimum, no fees at all brokerage made for people who trade mainly on their phones, yes. with the same free low priced 1 share stock. The share is incidental, not the reason for using their brokerage. I have used Robinhood for a year and have no complaints. Extremely easy to set up and to link with your bank account for funding and withdrawing. The only thing is doesn’t do is show your portfolio in total, like a spreadsheet where you see all entry prices, current prices, etc. Each stock is in a list down the phone screen, with current price showing, ,and you click the stock name to see the details and the graph. I think their success had a lot to do with the major brokerage houses now announcing that they also will have no commissions, although they will charge the transaction fee for options. Robinhood did everything they promised. They really are no minimum, no fees at all, super easy to use on your phone to trade on the go. Made for millennials (I am 79 but modern,) I recommend Robinhood very much. I have traded options while eating breakfast in a restaurant with my retired friends. I have no relationship with the company. I’ve never been afraid to use modern technology.

3 years ago

I should say that Robinhood has the major stock names, not the penny ones. About the free1 share, I received mine and kept it for a year. It was worth $2.00, but I knew it was like a cute prize that a child might receive at MacDonalds—just something to perk up your day. Robinhood is a member of FINRA and your account is insured. I checked that out before I joined.

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