Investing Simple Logo
Get 1 Free Stock Worth Up To $200 From Robinhood!
Sign up with Robinhood, deposit any amount and get 1 Free Stock. It takes less than 3 minutes to sign up and claim your Free Stock Bonus.
Earn 5.00% APY with M1 High-Yield Savings Account
M1 Plus members can earn 5.00% APY on their deposits with no minimum balance required.
Webull free stock promotion
Get Up To 5 Free Stocks From Webull
Open a new Webull brokerage account today and deposit any amount of money to receive 5 free stocks. Webull offers commission free stock, ETF, option and crypto trading.
Written by Cho Evelína on March 21, 2023
FTC Disclosure: Some of the links on this site are affiliate links. Read our full disclaimer here.

What Are The Requirements To Open A Webull Account In 2023?

Webull is an online brokerage platform that offers a wide range of investment products to its users.

Before you can start investing with Webull, you will need to open an account with them.

To open an account with Webull, there are certain requirements that you need to fulfill.

Here, we will discuss the requirements to open a Webull account.

1. Identity Confirmation

Firstly, when you apply to open an account, you will need to provide certain information that will allow Webull to confirm your identity.

This includes your name, U.S. residential address, date of birth, Taxpayer Identification, which includes your social security number or Individual Taxpayer Identification Number (ITIN), telephone number, citizenship, and other identifying information.

This information is required by law, as part of Webull's compliance with anti-money laundering regulations.

In order to verify your identity, Webull will ask for copies of your driver's license, passport, permanent resident card, state ID, or visa.

Invalid forms of ID include, but are not limited to, military IDs, firearm licenses, and insurance cards.

This step is important to ensure that the account is opened in your name, and to prevent fraud or identity theft.

2. Funding Your Account

After providing the necessary information and verifying your identity, you will need to fund your account with Webull.

The minimum deposit required to open an account with Webull is $0 for a cash account and $2,000 for a margin account.

It is worth noting that the minimum deposit for margin accounts may vary depending on your state of residence, as certain states have their own requirements.

Final Thoughts

In conclusion, opening an account with Webull is a straightforward process.

You will need to provide certain information to verify your identity, and fund your account to start investing.

By fulfilling these requirements, you can start investing with Webull and take advantage of the investment opportunities available on the platform.

Don't forget to grab your free stock worth up to $200 from Robinhood today!

Article written by Cho Evelína

Read more

Power Your Investing

Choosing the right product and service is essential for your investing. Here are some of the tools and services to help your portfolio grow.
Robinhood provides an easy-to-use free trading platform for beginner investors. Robinhood has $0 account minimums. Get a free stock when you open an account below.
Try Robinhood
M1 Finance
M1 Finance offers a free investing platform where users can build portfolios of stocks and ETFs. Users can also choose from a variety of pre-built portfolios offered for free.
Try M1 Finance
Passively invest in private real estate deals with as little as $10. Fundrise allows you to own residential and commercial real estate across the U.S. starting at a 1% annual fee.
Try Fundrise
Copyright © 2018 – 2023 Investing Simple LLC. All Rights Reserved.
Investing Simple is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or investment for any specific individual. Members should be aware that investment markets have inherent risks, and past performance does not assure future results. Investing Simple has advertising relationships with some of the offers listed on this website. The information on Investing Simple could be different from what you find when visiting a third-party website. All products are presented without warranty. For more information, please read our full disclaimer.
Website managed by Stallion Cognitive™

Get 1 Free Stock Worth Up To $200 From Robinhood!

Don't Miss This Opportunity!

Investing Simple readers can claim a free stock from Robinhood worth up to $200 when they open a brokerage account and deposit any amount.

For US Residents only. Investing Simple is affiliated with Robinhood, and we may earn a commission when you sign up for Robinhood.

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram