Transfer Tips: 1. Webull can perform ACATS (Automated Client Account Transfer Service) for security transfer at present. 2. Only US-listed stocks, ADRs, options, and ETFs are accepted. 3. Webull supports individual cash accounts, individual margin accounts, traditional IRAs, Roth IRAs, and Rollover IRAs. 4. The name and type of the delivery account must be identical to the name and type of the receiving account. The transfer may be delayed if the outgoing account type is different from the Webull account type. 5. Your delivery broker may charge a fee for ACAT transfer (specific amount varies by broker). To protect our customers, Webull does not support asset account transfers with a total value of less than $500 due to the high transfer cost. The free alternative option is to liquidate your positions at your current broker, withdraw the funds to your bank, and deposit them at Webull. What type of securities can I transfer to my Webull account? Most US-listed stocks, options, ADRs, and ETFs can be transferred to Webull. (Webull does not currently support bonds, mutual funds, pink sheets, or penny stocks in the OTC market in transfers.) To make sure the specific security being transferred can be traded on Webull, check with the following method in the Webull mobile app: > Find the symbol or company name and go to the stock details page. > If there is a Trade button in the bottom left corner, the stock can be traded on Webull. > Tap the “Options” button next to Chart on the stock details page > Tap any bid or ask on the options quotes page > If there is a Trade button in the bottom left corner, it can be traded on Webull Where to initiate a stock transfer on Webull APP? Once all your stocks have been confirmed to be tradable, follow these steps to initiate a stock transfer on the Webull app: >Tap “Transfers” on the Webull account page. > Tap “Transfer Stocks to Webull”. > Read the transfer tips and tap “Transfer Stocks to Webull”. > Choose the broker you want to transfer from. > Enter the requested information and click the “Transfer Now” button. Transfer Type Both full and partial transfers are accepted. For full transfers, all of your assets (including all positions and cash) will be transferred to Webull, so make sure the securities being transferred are supported by Webull. If you are trying to transfer bonds, mutual funds, pink sheets, or penny stocks on the OTC markets, your transfer will be rejected in its entirety. If you want to transfer pure cash, select full transfer (US dollars only). For partial transfers, only US stocks, ETFs, and cash are accepted. You must specify all securities to be transferred with symbols and amounts. How long does a stock transfer take? A stock transfer typically takes 5-7 business days to complete. However, delays may occur if the type of account you are logged into is different from your Webull account. Delays may also occur if there has been any recent activity on your outgoing account (unsettled stocks from recent trades, ACH transactions, etc.). Please contact us if your transfer has been pending for more than 7 business days. Fees for transferring stocks to Webull Webull does not charge any fees for incoming transfers through ACATS. However, your delivery agent may charge you for the outgoing transfer; the specific fee amount varies by agent. Please contact your outgoing agent for more details. The free alternative option is to liquidate your positions at your current broker, withdraw the funds to your bank, and deposit them at Webull. |