Is the Webull HK safe and legitimate?

Yes, Webull customers' assets are protected and insured by the Investor Compensation Fund, up to HK$500,000 per person.

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Webull Fees List

Webull Fees	Charges
Brokerage Account Opening Fee	HK$0
HK Stocks Commission	HK$0
HK Stocks Platform Fee	HK$0
Handling Fee for IPO Application	Through Cash：HK$0/per application & Through Margin: HK$100/per application

About Webull HK

Webull Securities Limited ("Webull") is a licensed corporation under the Hong Kong Securities and Futures Commission ("SFC"), authorized to conduct SFC-regulated activities under Type 1 ("Dealing in Securities"), Type 2 ("Dealing in Futures Contracts"), and Type 4 ("Advising on Securities") licenses, with Central Entity Number: BNG700.

As a financial company driven by technology, Webull is committed to offering an all-in-one self-directed investment platform offering excellent user experience with advanced and intelligent tools and services. Its services are characterized by the following features:

0% Commission
Free Real-Time Quotes
Multi-platform Accessibility
Full Extended Hours Trading
24/7 Online Support

Zero Commissions

It offers zero commissions on online stock, options, ETFs, and Crypto ETFs trades. When you trade options, you also enjoy zero per contract fee. Also, no minimum deposit required for brokerage accounts and IRAs.

Sign up for an account in a few minutes & start trading right away

To grab every opportunity, you can sign up for a new investment account at Webull and start trading within just one business day.

Free Access to Webull Desktop

Everyone is free to access Webull advanced and fully customizable platforms, on which you can view your watchlists, analyze charts, manage your orders and positions across all of Webull platforms, including mobile, PC, and web in order to stay connected with the markets.

Stay Connected Anytime Anywhere

Webull customer service team is available anytime for your inquiries, even during midnight.

Advanced Analysis Tools

With Webull charts, multiple technical indicators, tools and level 2 market data, you can analyse your portfolio in order to seize any trading opportunities.

Step 1

Download Webull Apps

First, download Webull apps in the App Store or Google Play Store. Then, sign up with either your phone number or email address.

Step 2

Enter your personal details + upload the required documents

Then, click ‘Open Account’ and fill in your personal details e.g. name, phone number, bank details, etc. as required and upload the required documents including proof of identity and proof of address.

Step 3

Deposit

Finally, you need to make an initial deposit of at least HK$10,000 to a designated Webull account. Once finished, you can get your account verified. You will receive a notification message on Webull apps/ through SMS/ email upon successful verification in 1-3 business days.

How to deposit in Webull accounts?

You can fund your Webull account using RMB or HKD using the methods listed below:

Bank Transfer
FPS
Wire Transfer
ATM/ Over-the-counter money transfer
Cheque

Are Webull HK brokerage accounts insured and protected?

Yes. As a member of SIPC, the securities of Webull Financial customers are protected up to HK$500,000 ($250,000 of cash). Webull HK has even purchased an additional insurance policy, providing further protection for securities and cash up to an aggregate of HK$150 million, capped at HK$37.5 million for any one customer’s securities and HK$900,000 for any one customer’s cash.

Webull VS Futu Brokerage Account

Item	Webull	Futu
Commission	HK Stocks: HK$0, US Stocks: US$0	HK Stock: HK$0, US Stock: US$0.0049/ share A-share: 0.03%
Types of Stocks	HK Stock/ A-share	US Stock/HK Stock/ A-share
Deposit	Bank Securities transfer, FPS, Bank Transfer, ATM/Over the counter transfer or cheque	eDDA, Bank Securities transfer, FPS, Online Banking, ATM/Over the counter transfer、cheque
Withdrawal	Bank Securities transfer,Wire Transfer	Cheque

Webull HK Address

Address：Room 1806, 18/F, FWD Financial Centre, 308 Des Voeux Road. Central, Hong Kong

FAQ

Is Webull brokerage account considered as an offshore account?: No, it is not.
Is the Webull HK safe and legitimate?: Yes, Webull customers' assets are protected and insured by the Investor Compensation Fund, up to HK$500,000 per person.
How much is Webull HK's trading fees?: It is commission free.

Investments