Webull Singapore Review 2025: Are they worth your time?
Suppose you’ve spent any time comparing brokers in Singapore. In that case, you’ll know the checkboxes by heart: low all-in fees, a responsive app, decent data, fractional US shares, clean funding/withdrawals, and—if you’re active—competent options tools that don’t get in your way. Therefore, you landed on this Webull Singapore review (from a fellow investor)
Webull Singapore has leaned into that formula since launch, with US and HK trading that strips out platform fees, a surprisingly capable mobile charting experience, and small but practical touches like T+0 availability on its cash-management product, Moneybull.
For readers hunting deals, Webull’s biggest 2025 offer is live right now; if you want to peek first and circle back, [see the current Webull offer] and then return for the details. This review will stay focused on what using Webull actually feels like (and where it still falls short) before we unpack the promo mechanics precisely.
What Webull SG gets right
The pricing for US markets remains the standout. US stocks and ETFs can be done at 0.025% (min US$0.50) or on the current flat-fee promo of US$0.90 per order, with no platform fee attached, which means small, frequent rebalances don’t get chewed up by per-order platform charges.
The game-changers are for active options traders. US options at US$0.55 per contract without a platform fee is simple, predictable, and competitive, and the app’s options chain and single-leg charting are good enough that most retail traders won’t need to juggle a second screen to sanity-check a strike or maturity. If you’re not options-inclined, the presence of fractional shares from US$1 on eligible US tickers (clearly marked with a green diamond) plus a Regular Savings Plan that can run as either a fixed DCA or a Dynamic value-averaging style plan hits the right note for long-horizon investors who want rules, not vibes.
Moneybull deserves a short paragraph of its own because it reflects how Webull thinks about cash as part of the trading loop. You can park SGD or USD, retain T+0 availability for trading (with practical cut-offs—redeem before 09:30 SGT for same-day processing, and initiate withdrawals after 19:00 SGT for same-day transfer out), and avoid the “cash is stranded” problem when markets actually give you a setup. Yields float, as they should for cash-fund solutions, but the operational convenience is the point.
On safety, Webull Securities (Singapore) Pte. Ltd. is MAS-licensed (CMS) and operates under the Securities and Futures Act. This is separate from the US entity’s SIPC framing; the Singapore entity is regulated locally, and users should evaluate custody and safeguards based on Singapore disclosures.
Where Webull can still improve
Two missing pieces matter depending on who you are. First, there’s no London Stock Exchange access—so if your core portfolio lives in Irish-domiciled staples like CSPX or VWRA, you’ll need a second broker. Second, CPF/SRS investing isn’t supported, which is a common limitation for low-cost app-first platforms but still a limitation.
On research, Webull’s edge is charts and execution, not in-app fundamental reports or deep portfolio analytics; most users will pair it with their own research stack (sites, transcripts, independent tools) and treat Webull as the execution front-end. None of these are deal-breakers for traders or investors who know what they want to own, but they are genuine constraints for anyone seeking a one-stop, all-markets, all-wrappers platform.
Day-to-day experience
The app feels quick. Order entry for stocks, ETFs and options is friction-light, fractional orders are straightforward during regular US hours, and the Dynamic RSP is one of those quietly useful features that stops you from outsmarting yourself—you define the rule once and let it pull more when price is weak relative to its moving benchmark, less when it runs hot. Funding is painless via eDDA/FAST, and withdrawals have been predictable in our testing; if you’re toggling between “cautious cash” and “deploy now,” the Moneybull + T+0 cadence does exactly what you hope it would do.
For transparency: here’s what I currently hold in my Webull account, and I’ve been steadily DCA-ing into VOO each month.
2025 Webull new user promotion—updated details
Webull is running its biggest offer of the year. The structure is in two parts: a one-time AAPL share reward based on your deposit tier, and a tiered “daily interest bonus” paid in AAPL shares for up to 3.5% p.a. equivalent over a defined window. Importantly, this is a marketing bonus that is equity-settled—you are receiving AAPL shares whose value will move with AAPL’s price and a fixed FX conversion.
Promotion period: 30 Sep 2025, 16:00 SGT – 31 Dec 2025, 15:59 SGT.
Settlement conventions stated on the card: bonus paid monthly in AAPL shares using the closing price on the day before the 5th of the following month; fixed FX conversion S$1 = US$0.7297.
Part 1 — AAPL share reward (choose one tier)
- S$3,000–9,999, maintain 30 days → S$70 worth of AAPL shares.
- ≥S$10,000, maintain 90 days → S$280 worth of AAPL shares.
Only one tier is paid (mutually exclusive).
Part 2 — “Earn up to 3.5% p.a.” daily interest bonus (valid for 180 days)
To unlock the daily interest bonus: within 30 days of your first deposit, get your Daily Net Deposit to ≥S$10,000 (calculated as of 23:59 SGT each day). Once unlocked, the base daily rate applies for 180 days according to your maintained Daily Net Deposit band:
- S$0–9,999 → 0.0% p.a.
- S$10,000–74,999 → 1.0% p.a.
- S$75,000–149,999 → 2.2% p.a.
- S$150,000–200,000 → 2.5% p.a.
There is also an Extra Interest Bonus of +1.0% p.a., valid for the same 180-day window, which you earn by completing six (6) buy trades within 180 days from the day your Daily Net Deposit first reaches S$10,000.
On days your Daily Net Deposit is below S$10,000, no bonus accrues. Webull converts the monthly accrual into AAPL shares using the fixed FX noted above and the AAPL close the day before the 5th.
How to read this in plain English: think of the “up to 3.5% p.a.” as 1.0/2.2/2.5% p.a. base, depending on where your cash band sits, plus an extra 1.0% p.a. kicker if you’ve done six buys in that window—all paid as AAPL shares, not cash, over a capped 180-day period.
If AAPL rallies while you’re accruing, nice tailwind; if it sells off, your SGD value can come in lower than the “p.a.” headline suggests. It’s still an attractive sweetener for anyone planning to park S$10k–200k anyway, but it’s not a substitute for a bank deposit.
Fees, briefly (what matters most)
- US stocks/ETFs: 0.025% (min US$0.50) or US$0.90 per order promo; no platform fee.
- US options: US$0.55/contract, no platform fee.
- Singapore stocks/ETFs: new users often enjoy a commission-free period; thereafter 0.025% commission (min S$0.80) + 0.025% platform fee (min S$0.80).
Sign up for a Webull Account now!
Who Webull is best for (and who should skip)
Webull is excellent for cost-sensitive US traders, options users who appreciate low per-contract costs and clean chains, and long-term investors who want fractional shares with an automated RSP that enforces discipline. If you prefer cash promo payouts with zero equity volatility, note that Webull’s 2025 bonus is paid in AAPL shares at a fixed FX, so you are accepting equity and currency motion in exchange for a higher headline “p.a.” number.
As a broker, Webull SG remains one of the easiest broker in the “low-fee, app-first, options-capable” bucket, particularly if you value clean execution, fractional access and a sensible DCA/DVA automation.
As a promotion, this is the biggest 2025 offer they’ve run: the AAPL share reward tiers are straightforward, and the tiered daily interest bonus up to 3.5% p.a. is generous if you were already going to keep S$10k–200k on platform for a few months and you’re comfortable being paid in equity rather than cash.
If you’re interested in potentially looking at one of Webull’s toughest competitors, we’ve recently done a review on Longbridge too (and they’re disrupting the market with their headline: $0 Commission Trading)
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