Webull is finally available In South Africa, and it’s giving free R800 worth of fractional shares to everyone who opens an account using this promo link. But you must deposit to webull before receiving this free R800. You can deposit any amount without minimum requirements to claim the free stocks.
In this article ii will guide you on how to deposit to Webull account using FNB app. It will be a step-by-step guide.
Open A Webull Account In South Africa
Yes, Webull is available in South Africa you can open your trading account using this link. It will take you to the webull South African beach website. You will also earn a free R800 worth of Tesla fractional stocks after depositing to webull using FNB. Simply Follow the steps to open an account
- Visit the Webull South Africa website
- Click the claim free stock
- They will require your mobile number
- Verify your number with OTP
- Create a strong password
Now you can visit your app store to download the Webull app. Then log in using the details you used to create your account before downloading the app. So now you can proceed to create your webull offshore account, You will need Proof Of Address (Bank statement) and National ID. If you have problems completing your KYC watch this video.
Deposit To Webull Using FNB South Africa
Once you have successfully created your webull offshore trading account you can be able o deposit using your FNB app. But you must never use your local currency to deposit only use USD or AUD, Webull will reject your deposit if you use a ZAR transfer. Here are the steps to follow
- Log in to the FNB app
- Click on menu
- Then select the Forex tab
- Select global payment
- You can select the once-off payment
- Or you can first add webull as a beneficiary and then make payment later
- Fill in the required transaction details on the FNB App (Webull will provide you with the details)
- Make sure you use USD or AUD as your payment currency
- Select a reason BoP Code for your payment
- You want to select the code: 511 01 – Individual Investments – Shares
- Follow screen prompts to complete the transaction
Then wait a couple of minutes you will receive an email from FNB with a PDF attachment that confirms your payment. Take a screenshot and upload it to Webull as Proof of Transfer. It will take up to 3 business days for your funds to reflect.
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