Benefits with Premium

How do enhanced margin rates work?

Webull Premium's enhanced Margin interest charges a lower margin interest rate than the standard margin interest rate. All Margin interest is calculated daily and charged monthly. The margin rate you pay varies periodically and can be referred to in the chart below:

Does an internal transfer from my Individual Cash or Margin account to my IRA account count toward the contribution match?

No, internal transfers from an Individual Cash or Margin account to a Self-Directed IRA account do not qualify for the contribution match. The contribution match is only applied to new external deposits made into the IRA.

Can I use the IRA Match Program alongside other promotions?

No. The Webull Premium IRA Match cannot be combined with other Webull IRA promotions.

Are there any tax implications for the IRA Match rewards?

The match reward is treated as interest earned by your IRA account but it is not reportable for tax purposes. However, distributions may result in tax implications. Consult a tax professional for personalized advice.

Can Webull modify or terminate the IRA Match Program?

Yes, Webull reserves the right to modify or terminate the program at any time without notice.

What happens if my IRA balance drops due to market losses?

Fees will only apply if you make an eligible withdrawal or transfer out that makes your IRA balance (including any investment losses or gains) fall below the required maintenance amount of your earned match.

When will the APY adjustment start or take effect on my account?

The APY adjustment will take effect on the next business day after your subscription. As a result, you may not see any adjustment reflected on the same day you subscribe.

Why is my cash account earning the 4.1% APY Cash Management rate with Webull Premium, but not my Margin account?

The 4.1% APY Cash Management benefit is only available for Cash accounts. Margin accounts are not eligible for APY Cash Management.

Why isn’t my IRA account earning the 4.1% APY Cash Management rate after subscribing to Webull Premium?

IRA accounts are not eligible for the enhanced APY, regardless of Premium subscription status. The standard APY for Cash Management in IRA accounts is 0.10%.

How do the tiered contract fees on Futures and Index Options work?

Webull Premium’s fees on index options and Futures trading have a tiered pricing structure. For example, when trading Index Options with Webull Premium, the first 1,000 contracts traded will be priced at $0.50 per contract, while the next 4,000 contracts traded (contracts 1,001 to 5000) will be priced at $0.40 per contract, and all remaining contracts traded (contracts 5,001+) will be priced at $0.30 per contract.

If I subscribe to Webull Premium, will real-time data take effect immediately?

Yes, real-time data will be activated almost instantly after subscribing to Webull Premium.

Will my Market Data subscriptions be automatically canceled after I activate the Premium subscription?

No, subscribing to Webull Premium does not automatically cancel your Market Data subscriptions. To avoid being billed twice, you’ll need to manually cancel them via the App Store, PayPal, or Google Play.