How To Transfer Money From Venmo To Webull 2024

In order to start investing with Webull, you will need to transfer funds to the platform.

In this article, we are going to cover the steps to transfer money from Venmo to Webull using a bank account.

Learn More: Robinhood Retirement 3% Match

Robinhood is a popular "all-in-one" investing app.

While they are most well-known for their commission free stock trading, they've recently shaken up the Retirement Investing World too.

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Here's what you need to know:

• Robinhood offers 2 types of retirement accounts - the Roth IRA and Traditional IRA
• All Robinhood investors will get a 1% Match on what they Contribute or Transfer
• Robinhood Gold members will get a 3% Match - the biggest on the market

And don't worry, this comes with a Portfolio Builder Tool. You don't have to construct your investment portfolio from scratch if you don't want to.

Lastly, you'll even get a free stock worth up to $200 when you open a new Robinhood account using our link.

Best Free Stock Promotions

Brokerage	Promotion	Link
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1. Open A New Webull Account

If you already have a Webull account, then you can skip this step.

Use our Webull download button below to get free stocks!

The whole process can be completed in just a few minutes from your phone. Once you complete the application, your new account will be ready immediately.

2. Transfer From Venmo To Bank

Now that you have created an account with Webull, you are ready to start moving funds.

You will need to move your Venmo funds to your bank before you can move them into Webull.

Follow the steps below:

1. Open the Venmo app and login if needed
2. Tap the person icon on the right in the bottom navigation menu
3. Select the "Manage Balance" choice underneath your Venmo balance
4. Choose "Transfer to Bank"
5. Enter in the amount you would like to move
6. Choose to transfer your funds the standard way or instantaneously for a fee
7. Select a bank account to transfer to
8. Tap "Transfer $XX"

This transfer can take between 1 and 3 business days if you choose the Standard no fee Transfer.

3. Transfer From Bank To Webull

Once the funds arrive from Venmo to your Bank, you can initiate a transfer to your Webull account.

Follow the steps below:

1. Login to your account in the Webull App
2. Tap the Webull Icon in the middle of the bottom navigation menu
3. Across the top, you will see a menu of options starting with "Assets"
4. Tap on "Transfers" to start a deposit
5. Tap on the "Deposit" option
6. Enter in the amount that you would like to transfer
7. Tap on "Transfer to Webull"

This transfer can take a few business days to complete.