Offer Period: 1 January, 2024 at 12:00 AM EST –30 June, 2025 at 11:59 PM EST.

Brokerage Account Transfer Fee Reimbursement Offer Eligibility: This promotional offer (the “Brokerage Reimbursement Offer”) is open only to persons who have a self-directed brokerage account with Webull Financial LLC (“Webull”; each such account, a “Webull Brokerage Account”, and each such person, an “Eligible Brokerage Customer”).

IRA Account Transfer Fee Reimbursement Offer Eligibility: This promotional offer (the “IRA Reimbursement Offer”) is open only to individuals who (i) have a self-directed Traditional, Roth, or Rollover IRA account (each an “Webull IRA Account”) that is offered by Webull and custodied at UMB Bank, N.A. (each, an “Eligible IRA Customer”).

Brokerage Account Transfer Fee Reimbursement Offer Requirements: To receive a Brokerage Account Transfer Fee Reimbursement (as defined below), an Eligible Brokerage Customer must complete a single, initial Qualifying Brokerage Account Transfer of assets to their Webull Account with an aggregate value in cash and securities (as of the settlement date of such Qualifying Brokerage Account Transfer) equal to or greater than $2,000 .

As used herein, “Qualifying Brokerage Account Transfer” means a transfer initiated during the Offer Period by an Eligible Brokerage Customer to their Webull Brokerage Account of assets held by the Eligible Brokerage Customer in a brokerage account at an institution other than Webull or any of its affiliates using the Automated Customer Account Transfer Service that settles before the end of the Offer Period. For the avoidance of doubt, (i) if an Eligible Brokerage Customer withdraws or transfers assets from their Webull Brokerage Account or from any other account that the Eligible Brokerage Customer holds with Webull or any of its affiliates and transfers all or any portion of such assets to their Webull Brokerage Account after the beginning of the Offer Period, such transfer will not be deemed a "Qualifying Brokerage Account Transfer”, and (ii) deposits or contributions to their Webull Brokerage Account of assets from any other form of account, including without limitation a demand deposit account, will not be counted for purposes of determining whether an Eligible Brokerage Customer has satisfied the requirements for the Brokerage Reimbursement Offer.

For the purpose of calculating the amount of a transfer, regardless of whether it is a transfer in or a transfer out, the value of any transferred securities will be determined by reference to the National Market System closing price of such securities at the close of trading on the day before the settlement of the transfer.

IRA Transfer Fee Reimbursement Offer Requirements: To receive an IRA Account Transfer Fee Reimbursement (as defined below), an Eligible IRA Customer must complete a single, initial Qualifying IRA Account Transfer of assets to their Webull IRA Account with an aggregate value in cash and securities (as of the settlement date of such Qualifying IRA Account Transfer) equal to or greater than $5,000.

As used herein, “Qualifying IRA Account Transfer” means a transfer using the Automated Customer Account Transfer Service (ACATS) initiated during the Offer Period by an Eligible IRA Customer to their Webull IRA Account of assets held by the Eligible IRA Customer in an IRA account or another qualified retirement plan at an institution other than Webull or any of its affiliates that settles before the end of the Offer Period. For the avoidance of doubt, (i) if an Eligible IRA Customer withdraws or transfers assets from their Webull IRA Account or from any other account that the Eligible IRA Customer holds with Webull or any of its affiliates and transfers all or any portion of such assets to their Webull IRA Account after the beginning of the Offer Period, such transfer will not be deemed a "Qualifying IRA Account Transfer”, and (ii) deposits or contributions to their Webull IRA Account of assets from any other form of account, including without limitation a demand deposit account, will not be counted for purposes of determining whether an Eligible IRA Customer has satisfied the requirements for the IRA Reimbursement Offer.

Brokerage Account Transfer Fee Reimbursement: Any Eligible Brokerage Customer who satisfies the Brokerage Account Transfer Fee Reimbursement Offer Requirements is eligible to receive one “Brokerage Account Transfer Fee Reimbursement” payment credited to their Webull Brokerage Account in an amount equal to the lesser of (i) the actual amount of any fees payable by the Eligible Brokerage Customer in connection with the Qualifying Brokerage Account Transfer, and (ii) $100. Recipients must claim their Brokerage Account Transfer Fee Reimbursement through the Webull mobile application or website no later than 30 business days following satisfaction of the Brokerage Account Transfer Fee Reimbursement Offer Requirements. If an Eligible Brokerage Customer does not timely claim the Brokerage Account Transfer Fee Reimbursement to which they are entitled, such Brokerage Account Transfer Fee Reimbursement will expire and will not be reissued.

IRA Account Transfer Fee Reimbursement: Any Eligible IRA Customer who satisfies the IRA Account Transfer Fee Reimbursement Offer Requirements is eligible to receive one “IRA Account Transfer Fee Reimbursement” payment credited to their Webull IRA Account in an amount equal to the lesser of (i) the actual amount of any fees payable by the Eligible IRA Customer in connection with the Qualifying IRA Account Transfer, and (ii) $75. Recipients must claim their IRA Account Transfer Fee Reimbursement through the Webull mobile application or website no later than 30 business days following satisfaction of the IRA Account Transfer Fee Reimbursement Offer Requirements. If an Eligible IRA Customer does not timely claim the IRA Account Transfer Fee Reimbursement to which they are entitled, such IRA Account Transfer Fee Reimbursement will expire and will not be reissued.

Limitations: Limit one Brokerage Account Transfer Fee Reimbursement and one IRA Account Transfer Fee Reimbursement per person. No Eligible Brokerage Customer may earn more than one Brokerage Account Transfer Fee Reimbursement, whether in connection with one Webull Brokerage Account or multiple Webull Brokerage Accounts. No Eligible IRA Customer may earn more than one IRA Account Transfer Fee Reimbursement, whether in connection with one Webull IRA Account or multiple Webull IRA Accounts.

Webull reserves the right, in its sole discretion, to declare an Eligible Brokerage Customer or an Eligible IRA Customer (collectively, “Eligible Customers”) ineligible to earn a Brokerage Account Transfer Fee Reimbursement or an IRA Account Transfer Fee Reimbursement, as applicable, or to decline to grant an accrued Brokerage Account Transfer Fee Reimbursement or an IRA Account Transfer Fee Reimbursement, as applicable, to an Eligible Customer for any reason or for no reason, including without limitation (1) for such Eligible Customer’s failure to satisfy any Brokerage Account Transfer Fee Reimbursement Offer Requirements or IRA Account Transfer Fee Reimbursement Offer Requirements, as applicable, (2) for any violation of the terms and conditions of the Brokerage Reimbursement Offer or the IRA Reimbursement Offer, as applicable, (3) for any actual or suspected fraudulent, deceptive, or abusive activity in connection with any of the platforms or services offered by Webull or any of its direct or indirect owners, its affiliates, and/or its subsidiaries, (3) in connection with any attempt to undermine the legitimate operation of the Brokerage Reimbursement Offer or the IRA Reimbursement Offer, as applicable, by cheating, hacking, deception, or other unfair or improper conduct, or (4) for violation by such Eligible Customer of the terms of any agreement to which it is a party with Webull or any direct or indirect owner, any affiliate, or any subsidiary of Webull.

Webull reserves the right to change the terms and conditions of the Brokerage Reimbursement Offer and the IRA Reimbursement Offer or terminate the Brokerage Reimbursement Offer or the IRA Reimbursement Offer at any time without notice. Without limiting the foregoing, if for any reason the Brokerage Reimbursement Offer or the IRA Reimbursement Offer is not capable of running as planned including without limitation by reason of any interruption of service, tampering, unauthorized intervention, labor dispute, fraud, or any other cause beyond the control of Webull, which, in the sole opinion of Webull, corrupts or affects the administration, security, fairness, integrity or proper conduct of the Brokerage Reimbursement Offer or the IRA Reimbursement Offer, then Webull may, in its sole discretion, elect to cancel, terminate, modify or suspend the Brokerage Reimbursement Offer or the IRA Reimbursement Offer.

Webull may, in its sole discretion, elect to not pay or to rescind payment of all or any portion of a Brokerage Account Transfer Fee Reimbursement or an IRA Account Transfer Fee Reimbursement if all or any portion of the Qualifying Brokerage Account Transfer or Qualifying IRA Account Transfer, as applicable, by the Eligible Customer does not settle, is reversed, or is otherwise determined to be improper or invalid.

Neither the Brokerage Reimbursement Offer nor the IRA Reimbursement Offer are transferable or saleable. Each of the Brokerage Reimbursement Offer and the IRA Reimbursement Offer are available only to legal residents of the United States that are at least 18 years of age. Neither the Brokerage Reimbursement Offer nor the IRA Reimbursement Offer are valid alongside any other transfer fee reimbursement promotions offered by Webull. Employees, contractors, or persons similarly associated with Webull or its direct or indirect owners, its affiliates, and/or its subsidiaries; members of their household; referral partners; key opinion leaders and/or influencers; registered representatives of broker-dealers; employees of any securities regulatory organization or exchange; and/or employees of any market maker are not eligible to participate in the Brokerage Reimbursement Offer or the IRA Reimbursement Offer or to earn a Brokerage Account Transfer Fee Reimbursement or an IRA Account Transfer Fee Reimbursement. Each of the Brokerage Reimbursement Offer and the IRA Reimbursement Offer is only available for personal use and may not be used for commercial purposes. Other restrictions may apply. Void where prohibited.
 

No substitution, cash redemption, assignment or transfer of a Brokerage Account Transfer Fee Reimbursement or an IRA Account Transfer Fee Reimbursement is permitted, except by Webull, which reserves the right in its sole discretion to substitute a Brokerage Account Transfer Fee Reimbursement or an IRA Account Transfer Fee Reimbursement with another prize of equal or greater value.

Where required by applicable rules and regulations, the value of any Brokerage Account Transfer Fee Reimbursement received may be reported as Other Income on Form 1099-MISC. Eligible Customers should consult with a tax professional regarding appropriate tax treatment and reporting related to the Brokerage Account Transfer Fee Reimbursement before participating in the IRA Reimbursement Offer. Webull is not responsible for any taxes related to either the Brokerage Reimbursement Offer or the IRA Reimbursement Offer, or to any Brokerage Account Transfer Fee Reimbursement or IRA Account Transfer Fee Reimbursement. All federal, state, and local taxes, if any, related to this Offer and to any Brokerage Account Transfer Fee Reimbursement or IRA Account Transfer Fee Reimbursement are the responsibility of the recipient.

Receipt of a Brokerage Account Transfer Fee Reimbursement or IRA Account Transfer Fee Reimbursement does not constitute a solicitation, a recommendation to buy, sell, or hold any asset, or investment advice. Neither the Brokerage Reimbursement Offer nor the IRA Reimbursement Offer is sponsored by, endorsed by, or affiliated in any way with any third party.

Neither Webull nor any of its direct or indirect owners, its affiliates, or its subsidiaries, takes any responsibility for any charges that any customer may experience in connection with any Qualifying Brokerage Account Transfer or Qualifying IRA Account Transfer.

Release: BY PARTICIPATING IN THE BROKERAGE REIMBURSEMENT OFFER OR THE IRA REIMBURSEMENT OFFER, YOU RELEASE, DISCHARGE, AND AGREE TO INDEMNIFY AND HOLD HARMLESS WEBULL, ITS DIRECT AND INDIRECT OWNER(S), AFFILIATE(S), AND/OR SUBSIDIARIES, AND ALL OF THEIR RESPECTIVE DIRECTORS, OFFICERS, PARTNERS, EMPLOYEES, MEMBERS, MANAGERS, AGENTS, LICENSEES, CONTRACTORS, REPRESENTATIVES, SUCCESSORS, AND ASSIGNS (COLLECTIVELY, THE “RELEASED PARTIES”) FROM AND AGAINST ANY LIABILITY FOR ANY DAMAGES, INJURY OR LOSSES, TO ANY PERSON OR PROPERTY, OF ANY KIND RESULTING IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, FROM ACCEPTANCE, POSSESSION, MISUSE OR USE OF ANY DEPOSIT BONUS, OR PARTICIPATION IN THE BROKERAGE REIMBURSEMENT OFFER OR THE IRA REIMBURSEMENT OFFER, AS APPLICABLE. You agree that the Released Parties are not responsible for the occurrence of any event or condition which may, directly or indirectly, limit or prevent you from participating in the Brokerage Reimbursement Offer or the IRA Reimbursement Offer, or from earning or receiving a Brokerage Account Transfer Fee Reimbursement or IRA Account Transfer Fee Reimbursement, including without limitation any technological issues; interruptions of service for any reason; technical, mechanical, printing, typographical, or other errors; or any other errors, omissions, interruptions, deletions, defects, delays in operation or transmission, communications line failures, technical errors, theft, cyber-attacks, or unauthorized account access.