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Written by Cari Scribner on January 16, 2022
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How To Make Money With Webull In 2023

Webull is a popular commission free trading app among younger investors today.

While originally starting with just offering commission free trading paired with robust data, Webull now has many other offerings including crypto and options trading. 

Since there are many offerings within the Webull app now, there are multiple different ways to potentially make money with Webull.

We will be covering each of those in detail below.

How To Make Money With Webull

  1. Get Your Free Stocks - Use our link here to get 2 free stocks when you sign up with Webull!
  2. Paper Trade - Taking some time to use the free trading simulator could help you avoid costly mistakes, thus making you money.
  3. Asset Appreciation - The classic "buy low, sell high" approach to making money in the stock market.
  4. Dividends - Either stocks or ETFs that pay out dividends, meaning these assets can potentially pay you in two different ways.
  5. Crypto Investing - Since Webull supports some crypto trading, it's possible to make money through asset appreciation with crypto as well.
  6. IPO Access - Webull offers users access to initial public offerings within the app, meaning it is possible to make money getting in on the next big IPO early.

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1. Get Your 2 Free Stocks

Your first move to making money is to grab your 2 free stocks. 

Use the button above to make sure you get the free stocks from Webull!

The value of the free stocks changes often, so check out our article on the Webull free stock promotion to see the most current offer.

2. Paper Trade

Webull is one of the only commission free trading apps available today that offers a built in trading simulator. 

This may not seem like a big deal, but countless people lose money every single year based on incorrect execution within their brokerage account.

Imagine trying to sell a stock, but accidentally doubling down. You get the concept.

Using the free trading simulator allows you to practice using the app as well as investing with $1,000,000 of pretend money. 

Webull Free Training Shortcode (#8)

Webull Free Training

We put together a free 30 minute video training that walks you through the entire process, step by step. This training will help you get up and running in no time at all.


3. Asset Appreciation

This strategy of "buy low, sell high" is recommended by the greatest investors such as Warren Buffett.

  • Let's say you buy 10 shares of a stock for $25 each
  • Then, after a few years, the stock is trading at $50 a share
  • You paid $250 for your shares, but now they are worth $500
  • If you sell them, you doubled your money!

However, the key to doing well with a strategy like this is making the right decision about what to invest in.

Nonetheless, if you hold the right stocks/ETFs and the market is in your favor, you can make money selling assets for more than you paid for them prior.

4. Dividends

Rather than investing for growth, you can instead invest for income by purchasing these dividend payers.

These are often more well-established companies that have less growth potential, but long track records of success.

There's also dividend growth stocks, which give you a mix of income potential through capital gains as well as dividends.

When you earn dividends, you have two choices as far as what to do with them:

  1. You could cash them out, moving that money to your bank.
  2. Or, you could reinvest the money into additional shares.

Option number 2 allows you to earn compound interest, so many people do this with their dividend payments.

5. Crypto Investing

In recent years, Webull has added a limited selection of cryptocurrencies to its platform.

Crypto is a non-yield bearing asset, meaning the only way to make money is through asset appreciation.

If you have the right timing, you can make money trading cryptocurrencies on Webull buying low and selling high.

However, this is easier said than done as crypto markets are extremely volatile. 

6. IPO Access

Through the Webull app, you have access to IPOs or initial public offerings.

In the past, only large institutional investors willing to purchase thousands of shares got in on IPOs.

Webull enables retail investors to get into IPOs, even just purchasing a few shares. However, be sure to thoroughly research any company before investing in it.

Most companies end up going down, not up, after an IPO. 

7. Options Trading

Lastly, Webull does offer options trading if you want to add more risk/reward potential to your portfolio.

While it is possible to make money trading options, the vast majority end up losing money. With options, 100% loss of your investment is very common. If you make a lousy investment as an equity holder instead, you still own shares at the very least which don't expire.

If you are one of the lucky individuals who does well with options trading, it is possible to make money in this manner on the Webull platform.

Article written by Cari Scribner

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