I think this need a topic of its own. 0 US trades and fractional shares support ppl low budget no choice need go SA etc now can DIY within affordability in webull. 0 dollars is even cheaper than IBKR 35 cents. Of cuz for Msian need a way to fund SGD becuz for USD withdrawal got 25 fee expensive whereas SGD withdraw free

Finally search so long found one and even better Syfe trade which is only 2-5 free US trades per month. But Webull minimum is 5 whereas Syfe is 1. I think even 5 is still ok becuz 0 comm means you can buy many trades each 5 logical?

Just take note webull fractional shares only applies to market order during trading hours same as Syfe. And I read webull forex is bad so those big players that change 10k for e.g will lose. But since I focus on fractional means my capital is 100-1000 I won't see that significant loss.

Sedikit-sedikit lama-lama menjadi bukit.

Cool stuff. Subscribed.

How do they make money if the trade is free?

That is why I list down pro and con. All along why ppl use SA etc ? Becuz capital small cannot buy 1 full share whereas from SA etc can buy in. Now with Webull those investors can DIY finally with 0 US comm fees and fractional shares.

I predict SA and even Syfe losing market share to this webull. Even IBKR may lose some unless they follow give 0. But as stated fractional has limitations no limit order, no pre post market trading.

For Msian who like local broker like SA may stay put. If they don't go for Syfe I doubt they go for Webull Spore.

Think is forex and something called payment flow. I read payment flow is your trade go to a market maker who may source for a seller with less than you want to buy and earn the difference.

E.g you want to buy 1 but the market maker manage to find a seller at 95 cents. So the market maker route to this. They pocket 5 cents and present the stock to you at 1 since this is what you willing to buy with.

Margin is quite high.
Maybe as TS said exchange rate is bad. Need to test and see. With zero commison easy to get the usd100 apple fractional shares.

Just to share I apply today 3+ hours later approved for funding. I Sporean use Singpass so faster I guess. Funding have eDDA, FAST, TT. The mobile app UI for deposit is unstable. I try eDDA tap Submit freeze. So I switch to FAST the acct number super long cannot Copy so I no choice use paper write out then slowly key into bank FAST transfer fields tedious. Then in webull app tap Transferred with screenshot upload I have from my earlier bank FAST transfer. The next screen is blank and I go back try second time it says Processing never change. Wait 1 min fedup exit screen and viola the funds appear in my webull cash account.

The help desk actually ok got reply on a Sunday. About 1+ hr I feedback respond back. Webull also support margin and options which Syfe don't support.

Forex I check is not so good. Ppl who invest alot may want to stay in IBKR. But if fractional shares your invest capital not so much can give a try
Syfe SGD 1 give USD 0.7271
Webull SGD 1 give USD 0.7244

M'sian can apply boh?

I emailed them. They say can. Foreigners need to complete in-app application manually.

I will try later.

Verified fractional shares supported but compared to Syfe I find the difference.
1 Syfe fractional shares many digit after the dot. Webull only 5 digit after the dot so actually is smaller?
2 Syfe price is more close to what you see even it is Market order. Webull can differ abit see luck as I try two fractional shares trade buy
3 Webull I hit fractional shares partially filled can you believe? Syfe I never hit such issues.

Lastly really 0 fees for US stock,ETF buy

webull is available in Malaysia?

Accidentally saw this while googling about it….

Webull Financial LLC appeared in the sc alert list

https://www.sc.com.my/resources/media/inves...st-as-at-282021

This post has been edited by bcombat: May 31 2022, 11:44 PM

Don't believe everything you see on SC. Their blockage can be political.

SC even block TD. A perfectly legitimate broker based in US with office in SG.

Just to share from other forum. Ppl with Stashaway, Syfe ETF is now turning to Webull since it support fractional shares. Basically they copied down the ETF that is in Stashaway, Syfe and then filter down to what they want and proceed to use Webull to buy the individual US ETF directly at minimum USD 5 per buy trade with 0 comm fees.

I thought Syfe Custom is good when I can choose which ETF but not perfect as the ETF is based on a list they curated. With Webull any NYSE,NASDAQ listed ETF that support fractional shares I can buy already no restriction.

But to be fair, there is disadvantage. There is no scheduled mechanism in Webull such that we can auto DCA into our chosen ETF. Also there is no portfolio of ETF such that you put an overall amount, the platform provider will divide them and buy into each ETF inside that ONE portfolio. Also only for US stock exchanges don't have Europe etc other country exchanges listed ETF with the exception of HKEX but 0 fees for that exchange securities end 30 Jun 2022

Conclusion: Webull now offer a way to buy US listed ETF of your choice at 0 fees with fractional shares effectively replacing the offering from Stashaway, Syfe. Investor looking for DIY US ETF now can do so with low capital finally.

Since it's the Webull Singapore, PDT rule doesn't apply right?

I am not a trader more of a passive investor. Pattern day trader rule I am not so sure best to email or check with Webull client service

applies to trading US stocks/etf...

Thanks.

Whatever free fees comes with slow execution
Avoid if u actively scalping,if no then ok hehe

in apps there, i no see any button can apply open account.

Go download their app.

downlaoded. no see any place. can see pic in here?



This post has been edited by edwin1002: Jun 4 2022, 11:56 PM

I use this
https://sgreferralpromo.com/post/webull-referral-promo/

Register account first then download Webull app and use your earlier registered to login. Login to Webull then can see the icon to Open Account

which icon of webull in mobile that u installed?



This post has been edited by edwin1002: Jun 5 2022, 10:02 AM

Lol, I cannot even download the app.

You guys (Malaysians) using VPN?

Is there a difference between webull app sg & us?

I just tried accessing webull Singapore, tried to download the app from that site,... Same as per Yr image.

https://www.webull.com.sg/
Clicked at the 3 lines at the top lefthand corner,
Clicked at "download"
Leads me to.... Select apple or Google play store.
I clicked at play store... Results,... Same as Yr image.
Not sure if clicked at apple, will hv similar results too

I downloaded last night directly from playstore no issue... no use vpn

Apple or android?
Playstore = android yes?

This post has been edited by MUM: Jun 5 2022, 11:21 AM

Yes android

Thanks for the confirmation

Google for some online video how to get the Webull app for Msian. Seem strange it is not available in Google Play for some of you.

can give the link apps?

The US version I can download from playstore no problem.

But the one from webull sg is not available for download.

So the question is are both apps the same?

Like edwin1002, i cannot find the option to Open Account in the US app.

i don't understand your request...

FYI... I didn't use the Webull sg link... I just wanna look see a bit so just download from playstore

This post has been edited by dwRK: Jun 5 2022, 10:53 PM

It looks something like this on my phone. Note the "Pte. Ltd." word at the end of the company name, that should imply the Singapore version.



I tried installing and no problem. Can sign up with Malaysia phone number too (or email).



I didn't proceed further anyway.

This is the normal US version with 10M+ downloads. We can download & install but there's no option to open account.

The one on webull sg only has 1k+ downloads & if you click on Developer contact, it shows Singapore office address.

You are correct Spore version only 1K+ download. Have you contacted the Developer (that one with Spore office address) also got an email to ask why from Msia Google Play cannot be installed? Maybe they will give you some work-around perhaps?

I clicked on Developer contact and indeed it is SG office address. (The 10M+ download version)



Website leads to "www.webull.com" however.

I've sent them an email. Waiting for their reply.

Well, they've confirmed that we have to download the SG version of the app in order to open account.

They didn't offer any workarounds, so I guess VPN is probably the only way to go... similar to TDA, Binance and other sites that our stupid incompetent country has banned.

do u know how to vpn? got youtube example?

You need to buy. Not much good free vpn available.
Some recommendations
Mullvad, bolehvpn (boss is a Malaysian), windscribe
Super cheap surf shark.

"This item isn't available in your country"

I had a feeling that this was going to be the case after reading the first post.

Any one used vpn to successfully create an account?

If having able to create an account using vpn....
Will it always hv to rely on the vpn to access that site or account from malaysia?

You can always try change DNA to Google DNS 8.8.8.8
If still cannot them yes you need to use VPN to access it.
Come on it's like rm200/year.

Thanks for the tips,....
🤔Will there be a possibility of this vpn be "blocked" or can it be blocked from use in malaysia (if malaysia govt wanted to)?

Unlikely. If they are tested in countries like China, Saudi, Russia, you think. Not all vpns are tested in those countries. Keep in mind.

If you are worried, just go for bolehvpn. Owner is a Malaysian.
Mullvad is highly rated by the internet community. It's not cheap at €5.00/monthvs the rest.

This post has been edited by Ramjade: Jun 11 2022, 05:28 PM

👍👍🙏🙏Thanks for the detailed cost info....
😂😂 Unless the $$ returns from investing in it can justify the cost of needing vpn subscribtions to enable operating that account

the normal webull apk id is org.dayup.stocks with no 'modifier'

the sg webull apk id is org.dayup.stocks.sg and it has a 'modifier' gl=sg... with these the webpage shows a grey out install button and that this app is available for all of my devices... btw i'm running openvpn to japan on my pc...

if i change the gl=my or us... the grey out install button disappear and "This app is not available for any of your devices"...

anyways just saying not sure vpn on the phone will work and if you also need to change google play store to sg...

further note... for the international apk... I use a USA number to register and account opening defaults to USA with no way to change country...


This post has been edited by dwRK: Jun 11 2022, 06:28 PM

Good to have a VPN. Why? Because if those idiots at SEC keep banning brokerage, one day all international brokerage will be banned and only way to access them is via Vpn.

Btw I paid for lifetime windscribe license last time so no issue for me. Lol.

can you install the Webull sg apk with vpn?

Why cannot? VPN and webull different. Vpn just change location.

your Google account info still Malaysia... so maybe won't allow you to install... just saying

won't know until someone try...

I am curious for IBKR you all can access the US version without any VPN? Or IBKR SG same as Webull SG all cannot be accessed from Msia? Hmmm

AFAIK... ibkr sg is mainly for Singaporeans only...

Malaysian we all default sign up to ibkr us... no need VPN... SC didn't ban yet...

https://apps.apple.com/my/app/webull-stock-...ws/id1179213067

Is this a valid webull app?

While waiting for responses, perhaps you can try explore the official webull website, then perhaps there got links to download the apps..

The official website download would open up the same link in the appstore as well.

There is no such thing as free...

https://forums.hardwarezone.com.sg/threads/...#post-146497790

Has any Malaysian registered successfully for the Singapore WeBull account? It is offering free USD 200 cash for a deposit of USD 2000.