Webull UK Bonus: Up to £20,000 Cash Bonus + £50 ETF Voucher (December 2025)
Webull, one of the largest brokerage platforms in the United States, has expanded to the UK market with a deposit bonus offer. Through our link, MatchMyBroker readers can access Webull UK's 2% deposit bonus (worth up to £20,000 in cash rewards) plus an additional £50 ETF trading voucher for new users.
We tested Webull's UK platform to give you a balanced overview. While it has some limitations compared to other brokers we review (including the lack of ISA accounts and ongoing FX conversion fees), the platform offers access to US and UK stocks with transparent pricing. As with all investing, there are risks involved, and you should consider whether Webull UK suits your individual needs.
What Is the Webull UK Bonus Offer?
The Webull UK promotion consists of two components that can be claimed together:
2% Cash Bonus (All Users): Deposit between £100 and £1,000,000 to receive 2% back in cash. For example, deposit £10,000 and receive £200 in bonus cash. The maximum bonus is capped at £20,000 for deposits of £1,000,000 or more.
£50 ETF Trading Voucher (New Users Only): Make an initial deposit of at least £100 and maintain it for 30 days to receive a £50 ETF trading voucher. This voucher can be applied to any ETF buy order through the Webull UK app.
How the Bonus Payment Works
Unlike some broker bonuses that pay out immediately, Webull UK's 2% cash bonus is distributed over time. Here's what you need to know:
The bonus is paid in six equal instalments, with payments made every two months. Your first instalment arrives within 45 days after the deposit period ends. For example, if you deposit £6,000 and qualify for a £120 bonus, you would receive £20 every two months for a total of six payments.
To receive all instalments, you must maintain your qualifying balance throughout the 12-month maintenance period. Withdrawals that reduce your balance below the qualifying amount will forfeit remaining bonus payments.
Webull UK Platform Overview
Webull is authorised and regulated by the Financial Conduct Authority (FCA, FRN: 961286), providing UK investors with regulatory protection.
Key features include access to over 10,000 US stocks and ETFs, UK stocks and ETFs trading on the LSE, fractional shares from as little as $1 or £5, advanced order types (Stop, Stop Limit, Take Profit, Good-Til-Cancelled), extended hours trading for US markets, paper trading for practice, and over 60 technical indicators with 12 chart types.
The platform also offers US index and equity options trading. Options are complex, high-risk products and are not appropriate for all investors. You may lose all your invested capital when trading options.
Fees and Costs
We reviewed Webull UK's fee structure based on their official pricing:
Trading Commissions: 2.5 basis points (0.025%) per trade on US stocks. New accounts receive $0 commission for the first 90 days from account opening.
FX Conversion Fees: 35 basis points (0.35%) applies when trading US stocks from a GBP account. For a £1,000 trade, this works out to £3.50. These fees apply every time you buy or sell US stocks, which can add up for frequent traders.
UK Stocks: 5 basis points commission with a minimum charge of 50p per trade.
Options Trading: $0.50 per contract plus regulatory fees charged by SEC, FINRA, OCC, and exchanges. Options are complex, high-risk products and are not appropriate for all investors.
Platform Fees: No platform fees, no subscription fees, no management fees.
Other Costs: No deposit, withdrawal, or inactivity fees. Regulatory fees (SEC and FINRA fees) apply to sell trades.
Important: While the bonus may offset some trading costs initially, you should consider the ongoing FX conversion and commission fees when deciding if Webull UK is right for you. For comparison, platforms like Trading 212 and Lightyear offer different fee structures. Check our broker comparison tool to compare options based on your expected trading frequency.
How to Claim the Webull UK Bonus
Claiming the bonus is straightforward. Here's the step-by-step process:
Step 1: Sign Up. Visit Webull UK through our link to create your account. You'll need to provide your name, email, phone number, and National Insurance number for verification.
Step 2: Complete Verification. Upload proof of identity (passport or driving licence) and proof of address (bank statement or utility bill dated within three months). Most verifications complete within 24-48 hours.
Step 3: Enrol in the Promotion. Once your account is approved, log into the Webull UK app and click "Participate Today" on the promotion landing page. This step is essential; you won't receive the bonus without enrolling.
Step 4: Fund Your Account. Transfer at least £100 from a UK bank account in your name. Deposits typically arrive within 1-3 working days. Larger deposits earn proportionally larger bonuses up to the £20,000 cap.
Step 5: Maintain Your Balance. Keep your funds invested for the 12-month maintenance period to receive all six bonus instalments. Trading losses won't disqualify you, but withdrawals will. The value of your investments can go down as well as up.
Who May Find Webull UK Suitable
Based on our testing, Webull UK may be suitable for certain investor profiles. However, you should carefully consider your own circumstances, investment objectives, and risk tolerance before opening any investment account:
Investors interested in US stocks: The platform provides access to US markets with charting tools and real-time data. However, FX conversion fees apply to all US stock trades.
Those who plan to hold investments for at least 12 months: The bonus requires maintaining your balance for a year. If you may need to access your funds sooner, withdrawals could forfeit remaining bonus payments.
Investors who understand and accept options risk: Webull is one of few UK platforms offering US options trading. Options are complex, high-risk products and are not appropriate for all investors.
Those comfortable without tax-advantaged accounts: Webull UK does not offer ISAs or SIPPs, meaning investment gains may be subject to Capital Gains Tax.
Limitations and Risks to Consider
Investing involves risk, and Webull UK has specific limitations you should understand:
No ISA or SIPP: Webull UK only offers a General Investment Account (GIA). Any profits above your annual Capital Gains Tax allowance could be taxable. If tax-efficient investing is important to you, platforms offering ISA accounts may be more suitable.
Currency conversion costs: Since you're trading US stocks with GBP, FX fees apply to every trade. For frequent traders, these costs can accumulate significantly over time.
Limited asset classes: You can trade stocks, ETFs, and options. Bonds, funds, and other instruments are not available.
No phone support: Customer service is email-only, with responses typically taking 24-48 hours.
Holding period requirement: To receive all bonus instalments, you must maintain your qualifying balance for 12 months. Early withdrawals result in forfeited bonus payments.
Investment risk: The value of investments can go down as well as up. You may get back less than you invest. Past performance is not a reliable indicator of future results.
Alternative Bonuses for UK Investors
If Webull UK isn't the right fit for you, several other platforms are offering welcome bonuses for UK investors:
Trading 212 offers a free share worth up to £100 when you sign up and deposit at least £1. The platform provides commission-free trading with a 0.15% FX fee and includes ISA accounts.
Lightyear offers fractional shares worth up to £100 for new users. The platform charges a 0.35% FX fee and provides a stocks and shares ISA option.
eToro offers a $500 welcome bonus for eligible deposits. The platform provides access to stocks, ETFs, and crypto trading.
IG offers cashback rewards for new clients based on trading activity. IG is one of the UK's longest-established brokers with access to a wide range of markets.
Visit our all bonuses page to compare current promotions across reviewed brokers, and use our broker matching tool to find platforms based on your specific requirements.
Terms and Conditions Summary
Before claiming the bonus, understand these key terms:
The deposit period has specific dates; check the Webull UK app for current promotion timing. Deposits made outside this window won't qualify.
The minimum qualifying deposit is £100, and the maximum is £1,000,000. The bonus is calculated as 2% of your net qualifying deposit (total deposits minus any withdrawals during the deposit period).
You must maintain your qualifying balance for one year. Withdrawing funds during this period will reduce or eliminate remaining bonus payments.
The £50 ETF voucher for new users must be redeemed within 30 days of issuance and applies to a single ETF buy order. Any unused voucher value is forfeited.
Webull reserves the right to disqualify accounts showing signs of fraud or system manipulation. Only one account per person is allowed.
Frequently Asked Questions
Is Webull UK regulated?
Webull Securities (UK) Ltd is authorised and regulated by the Financial Conduct Authority (FCA) with firm reference number 961286. This means Webull must adhere to UK regulatory standards for client fund protection and operational conduct.
What is the minimum deposit for the Webull UK bonus?
The minimum deposit to qualify for the 2% cash bonus is £100. There's no minimum for the £50 ETF voucher beyond the £100 initial deposit requirement for new users. The maximum qualifying deposit is £1,000,000, with a maximum bonus of £20,000.
How long do I need to keep my money in Webull UK to receive the full bonus?
To receive all six bonus instalments, you must maintain your qualifying balance for 12 months (the maintenance period). Withdrawals during this period will reduce or cancel remaining bonus payments. Trading losses do not affect your eligibility, but the value of your investments can go down as well as up.
Can I open an ISA with Webull UK?
No, Webull UK currently only offers a General Investment Account (GIA). They do not provide stocks and shares ISAs or self-invested personal pensions (SIPPs). This means investment gains may be subject to Capital Gains Tax above your annual allowance.
What can I trade on Webull UK?
Webull UK offers access to over 10,000 US stocks listed on NYSE and NASDAQ, UK stocks and ETFs trading on the LSE, US index and equity options, and Hong Kong and China Connect trading. The platform supports fractional shares from as little as $1 or £5. Your capital is at risk when trading any of these products.
What are the fees on Webull UK?
The main fees are: commission of 2.5 basis points (0.025%) per trade on US stocks, with $0 commission for the first 90 days from account opening; FX conversion of 35 basis points (0.35%) when trading US stocks; UK stocks at 5 basis points (minimum 50p); options at $0.50 per contract plus regulatory fees. There are no deposit, withdrawal, platform, subscription, management, or inactivity fees.
How is the bonus paid out?
The 2% cash bonus is paid in six equal instalments, one every two months. The first payment arrives within 45 days after the deposit period ends. Subsequent payments continue bimonthly, provided you maintain your qualifying balance throughout the maintenance period. Withdrawals may forfeit remaining payments.
Risk Disclaimer. Your capital is at risk. You may lose money on your investments. Investing in stocks, ETFs, and other securities involves significant risk and may not be suitable for all investors. The value of investments can go down as well as up, and you may lose some or all of your initial investment. Past performance is not a reliable indicator of future results. Options are complex, high-risk products and are not appropriate for all investors. You may lose all your invested capital when trading options. Promotional bonuses should not be the primary factor when choosing a broker. Consider your investment needs, trading costs, platform suitability, and risk tolerance carefully before making any investment decisions. If you are unsure whether investing is right for you, seek advice from a qualified financial advisor. Webull Securities (UK) Ltd is authorised and regulated by the Financial Conduct Authority (FCA, FRN: 961286).
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