Is Webull Legit? Find The Available States Here
Webull has been around since 2016, operating as an online trading platform. The site offered trading, stocks, and ETFs. But in 2025, it formalized a partnership with Kalshi. This allowed Webull to offer prediction markets alongside its existing services.
Webull is registered with the Securities and Exchange Commission (SEC) and the CFTC. It also holds memberships with FINRA and the SIPC, so it's safe to say the platform is authentic. Today, Webull is accessible within the US and holds a solid reputation among traders.
Now that the question “Is Webull legit” has been answered, here’s the list of US states that can access Webull:
How Webull Works – From Prediction Markets to Withdrawals
What is Webull and how does Webull work? These are two questions any top prediction market review should answer, so let’s look.
Before getting into this review, it helps to know how the platform functions. Webull is, among other things, a prediction market site. The platform lets you trade on binary (Yes/No) contracts based on real-world outcomes.
Webull poses these contracts as questions. These may look something like: “Will Pittsburgh win their football game against Cleveland?” The site then offers you two outcomes: Yes or No. Webull assigns prices to these contracts, based on which way the market (other traders) leans.
Reading Prediction Markets at Webull
Webull prices prediction markets between $0.01 and $0.99. The more traders choose one contract over the other, the higher that contract's price gets. Pricing on contracts also directly reflects their probability. Let's look at an example:
| Football Team | Yes (to win the game) | No (to win the game) |
|---|---|---|
| Pittsburgh Steelers | $0.58 / 58% | $0.43 / 43% |
| Cleveland Browns | $0.43 / 43% | $0.58 / 58% |
In this football prediction market, the price on the Pittsburgh Steelers is higher. You can see that the probability of this outcome being successful matches the price. This makes it easy to see which way other traders are moving.
Webull pays out correct contracts at $1.00 per share. But if your contract ends up incorrect, you get $0.00. You'll also lose the funds used to buy the contract.
Here's an example: If you were to place an order for 100 contracts on Pittsburgh, it would cost you $58. If your prediction turned out to be correct and they won the game, you'd get back $100. This gives you a profit of $42. But if Pittsburgh lost, you'd get $0.00 and lose the $58 you traded.
If you've read a Gemini review or any other prediction market guides, you'll know that this is how most of them work.
Webull App Review – A Top Pick for iOS and Android Traders
Whether you read an Interactive Brokers prediction markets review or a Webull one, chances are you'll want to know if there's an app. So that’s where this Webull review kicks off. Webull offers downloadable apps for iOS and Android. And if you don't want to download an app, Webull has optimized its website for mobile.
Webull’s iOS App Gets a 4.7/5
If you have an Apple iPhone, iPad, or Apple Watch that runs iOS 14.0 or later, you can download Webull's app. You can access the app directly from the Apple App Store, and it takes less than a minute to download.
The application has top marks from over 342,000 users, who have scored it 4.7/5. After testing the platform, it isn't hard to see how Webull got this ranking. The app loads quickly and offers intuitively placed menus and buttons. This allows you to move from one page to another easily.
Webull's iOS app features a solid selection of prediction markets across many categories. It is as simple to buy and sell contracts on the app as it is online.
Android Users Give Webull 4.6 Stars
Webull's Android app is as well-supported as the iOS version. Over 215,101 users have rated the platform, ranking it 4.6/5 stars. To download this app, a quick visit to the Google Play Store will do the trick. By searching for the app and hitting download, you'll have it installed on your device in less than a minute.
The layout and features of this app mirror those of the iOS version. It is only the menus that you'll find placed differently here and there. It's an intuitive app that makes navigating the platform simple. Markets load quickly and are easily located under their relevant tabs.
One important takeaway from users, though, is that you cannot use prepaid cards on the app. But debit and credit cards work.
How the Webull App and Website Compare
Both Webull apps mirror the website in theme and design. All three feature a sleek black-and-white theme. Pops of tan and blue highlight the probabilities for each opposing contract. This makes them easy to read and leaves the site and apps feeling crisp and uncluttered.
You won't find all the website's features in the Webull apps. But they do offer trading and prediction markets. Each market category or trading option falls under its own tab, so they're easy to find. You can log in on the apps using biometrics, but the website requires manual sign-in.
| Webull App | App Store Rating | Number of App Store Ratings | App Size |
|---|---|---|---|
| iOS | 4.7/5 | 342,000 | 426.1 MB |
| Android | 4.6/5 | 215,101 | 250 MB + |
Get the Webull app and make predictions
WeBull's three-step account opening process
WeBull offers options, ETFs and stock trading
Webull Bonus Details – Trade $20, Get $20
Webull is running a prediction market welcome promo for new traders. The bonus is a Trade $20, Get $20 deal. To claim the offer, you'll need to sign up with Webull and deposit $20 or more in your account. While you won't need a Webull promo code, you will need to place a single trade of $20 or more. You can then head to the "My Rewards" section to claim your $20 promo.
Here’s an overview of the offer:
| Webull welcome offer | No offer available right now |
| Minimum deposit | $20 |
| Minimum trade value | $20 (on one trade only) |
| Bonus funds expiry | Within 30 days |
| Maximum reward | $20 |
Webull Bonus Terms and Conditions
After reading a ROLR review or other reviews of prediction markets, you'll know they all add T&Cs to their promos. These rules are in place to make sure the promo stays fair and that everyone benefits from it. Here are a few of the terms and conditions that apply to Webull's welcome promo:
- You must be 18 years or older to claim the promo
- You'll need to be a resident of the US and have a valid Social Security Number
- The bonus runs from July 30, 2026, 12:00 AM ET – October 15, 2026, 11:59 PM ET
- You must trade at least $20 on a single contract to be eligible for the offer. This includes the trading fees.
- The bonus you receive is only valid for 30 days
- You may use this promo in conjunction with other offers
Is There a Webull No Deposit Bonus?
No, currently Webull doesn't offer a no-deposit bonus. But it's always worth checking back with the site regularly to see if one pops up.
Diverse prediction market categories at WeBull
WeBull's prediction markets available for trading
WeBull's prediction markets feature explained
Webull Referral Program
Webull has a solid promotions section on its website. The only downside is that few of the bonuses it offers apply to prediction markets. There is one promo worth noting, though: the referral bonus.
This isn't like the refer-a-friend offer you'll find on the Moomoo review. That offer rewards you for getting new prediction market traders to sign up. But Webull's referral offer gives you 20 fractional shares for every friend you sign up. They'll need to do more than register; they will also have to fund their account with $100 or more.
It's also worth noting that you can only use the promo for up to 10 friends.
There is no Webull VIP Program, But You Can Subscribe to Webull Premium
There is no Webull VIP program. This isn't unusual, though. Research for the Gemini promo code turned up the same results, so it isn't a mark against Webull. What the platform does offer is a Webull Premium subscription service. This gives you access to extra perks and tools. These benefits include:
- Lower margin rates
- Higher IRA match on eligible contributions
- Real-time market data
When you register for Webull Premium, you will need to pay a subscription fee.
Multiple Safe Webull Deposit Methods
Depositing funds to trade prediction markets at Webull is safe. The platform offers 3 secure options for you to use. There is one caveat, though. Before you can deposit funds, you must first link your payment method to your Webull profile. This process only takes a few minutes, though. Here are the steps:
- Sign in to your profile and click on "Account"
- Select the "Deposits" option (this takes you to the "Transfer Money" page)
- Click the "Linked Accounts" option
- Choose "Link a Debit Card/Bank Account"
Let’s take a closer look at the deposit methods Webull has:
Visa and Mastercard Debit Cards
You can't use credit cards or prepaid cards to fund your prediction market profile at Webull. But the site does accept Visa and Mastercard debit cards. You'll need to link your card to your Webull profile before you can make a deposit. Make sure you pick the one you want, because you can only link one card.
ACH Bank Transfer
Another safe way to fund your Webull profile is through an ACH bank transfer. Like with your debit card, you'll need to link your bank account to your Webull profile. This process has an added step, where you'll need to make two small verifying deposits.
Wire Transfer
This option is quick and secure. It also offers a little more flexibility since no transaction limits apply. The only downside here is that wire transfers can take up to a day to reflect in your profile.
| Deposit Method | Visa/Mastercard Debit | ACH Bank Transfer | Wire Transfer |
|---|---|---|---|
| Deposit Processing Time | Instant - 30 minutes | 3 - 4 Business days | 1 Business day |
| Maximum Deposit | $10,000/day (max 50 transactions per day) | $200,000/day | No limit |
| Deposit Fee | No fees | No fees | 10% (for returns only) |
Get Webull Withdrawals in Under 30 Minutes
Webull's withdrawal methods are the same as its deposit methods. These include Mastercard and Visa debit cards, wire transfers, and ACH transfers.
Ultimately, the one you choose depends on what you're looking for. If you want fast transactions, debit card withdrawals take 30 minutes or less. But if you want to make larger withdrawals, wire transfers, which have no limit, are the better option.
Compare Webull's different withdrawal options:
| Withdrawal Method | Visa/Mastercard Debit | ACH Bank Transfer | Wire Transfer |
|---|---|---|---|
| Withdrawal Processing Time | Instant - 30 minutes | 2 - 3 Business days | 1 - 2 Business days |
| Maximum Withdrawal Limit | $10,000/day | $100,000/day | No limit |
| Withdrawal Fee | 1.75% | Not stated | $25 Flat fee |
Find a Range of Prediction Market Categories at Webull
Webull's prediction markets are easy to find. They're all located under the "Predict" tab. From there, a page opens where you can view the various categories the site supports. Here's a closer look at what's available.
Sports Prediction Markets
The platform's sports prediction markets are diverse. You can find contracts on over 14 different sports, including football and baseball. Webull also features niche sports like lacrosse, chess, and even Esports.
Besides offering contracts on the outcomes of sports matches, Webull features others, too. These include point spreads, totals, and props like 1st-half winner, 1st-half totals, and more. The platform also offers event contract trading on live sports matches.
What makes Webull stand out is that it offers pretty solid information on each market it covers. These include a trading timeline, the rules for that specific contract, and prohibitions.
Other Market Categories
Webull doesn't only offer event trading on sports. The site features a good variety of categories. Here are the other Webull markets you can find:
- Crypto – Trade contracts focused on the price swings of cryptocurrencies like Bitcoin, Ethereum, and Litecoin.
- Financials – Make predictions based on the price of new products, IPOs, and KPIs.
- Economics – Forecast economic outcomes like Federal Reserve decisions and inflation.
- Culture – Trade on everything from music and TV shows to awards events like the Grammys.
- Climate – Buy event contracts based on daily temperatures, rainfall, or the number of tornadoes this season.
- Science and Tech – Make predictions on topics like AI, space, product launches, and big tech.
Webull Customer Support
One area Webull could improve is its customer support. The site offers several ways to contact the support team, like email and a phone line. But it leaves out the option for live chat. The support team is friendly and knowledgeable, and email response times are quick.
Here are the support options Webull provides:
- Email – support@webull.com
- Phone line – +1 (888) 828 0618 (Monday through Friday, 8:00 AM to 5:00 PM ET)
- Help center – available on the website
Webull Responsible Trading
You won't find a dedicated responsible trading hub or page at Webull. But you can find a few manual tools under the "Disclaimers and Disclosures" tab. These include:
- A checklist for unhealthy habits
- Educational resources provided through the Webull Learn channel
- Limit notifications and alerts through the app settings
- Contact customer support to have them place restrictions on your profile.
Webull Review FAQs
Final Thoughts: Is Webull Worth It?
This brings an end to the Webull review. But still, one question remains: Is it worth joining Webull? Undoubtedly, yes. The prediction trading platform has a steady supply of contracts across many categories. Sports, science, crypto, and culture all feature. You can access these online or using one of the site's apps.
Secure payment methods make it safe to fund your account. And while fees do apply, withdrawals take anywhere from a few seconds to under 30 minutes. Webull's promos are a little iffy, but they cater to prediction markets, which boosts its score. All in all, the platform provides a solid prediction market experience worth trying.
Follow any of the on-page banners here to launch Webull for a quick sign-up.
