Can you use webull under 18?

Can you use Webull under 18 years old? The minimum age to open a brokerage account at Webull is 18. The firm does not permit minors under 18 to open accounts. Moreover, Webull does not offer custodial accounts, so underage investors are pretty much left out in the cold.

How do I open a webull account?

You can open a Webull account via the company’s website or by downloading the Webull app. To open an individual account, you’ll need to decide between a cash or margin account. A cash account is straightforward and likely what you’re used to if you’ve used brokerages before: You pay for the securities, like stocks, that you buy.

Does webull have a custodian account?

Technically yes, but you would have to make the account in someone else’s name (your dad or mom) and use their account they made, but any capital gains (profits) you make would be then taxed on them. So, you would have to talk to them about that part. Currently at the moment WeBull does not offer custodian accounts as far as I am concerned.

Is webull a newcomer?

The app is one area where Webull takes full advantage of being a newcomer. It has a next-generation feel to it, not only in terms of the number of features available but also its high-speed navigation. After downloading the app and signing in the first time, you have the option to set your account to automated log-in.