Webull Singapore

[xsoldix]

Just reg to webull ..

noticed SGD in/out transfer is free
USD is not...

Exchange rate is not as good as other similar service provider.
No access to SGX.

Everything free until they say not free...
Roughly can see where they make money liao...

Just my 2c worth.

 

[sohguanh]

Just reg to webull ..

noticed SGD in/out transfer is free
USD is not...

Exchange rate is not as good as other similar service provider.
No access to SGX.

Everything free until they say not free...
Roughly can see where they make money liao...

Just my 2c worth.

I with them for US stock fractional feature mainly. USD 5 can buy aapl googl amzn liao where to find? Alternatively can use ibkr but I don't like their currency convert need some minimum amount

 

[sohguanh]

Just reg to webull ..

noticed SGD in/out transfer is free
USD is not...

Exchange rate is not as good as other similar service provider.
No access to SGX.

Everything free until they say not free...
Roughly can see where they make money liao...

Just my 2c worth.

Just registered fund any amount you get 3 free shares? Think is fractional shares worth 30 to 300. Can sell pay some fees. Last time is free aapl shares and maintain 2k for 30 days. This time think better than my time.

 

[havetheveryfun]

Just registered fund any amount you get 3 free shares? Think is fractional shares worth 30 to 300. Can sell pay some fees. Last time is free aapl shares and maintain 2k for 30 days. This time think better than my time.

most ppl only get 30 one lo.. the 300 machiam like striking 4d or toto

 

[sohguanh]

Webull launch Moneybull something similar to moomoo cash plus all into same Fullerton Cash Fund underlying. Anyone know how it works in Webull?

CS get back to me. This Moneybull is only for margin account. Well their loss I will buy from poems and moomoo then. Moomoo got freebies for new user although need lock monies for 1 to 3 months. But my poems trial with Fullerton Cash Fund is it is positive so far no negative. Hope it stays that way at least till end of this year.

 

[CaptainWu]

Wonder anyone encountered the same. I bid for HK counter 3110.HK and got the error that the bid must be in 0.05 interval minimum. The counter itself is 0.02 per bid/ask and why need to pay extra to buy? CS not able to answer this yet and wonder if anyone experienced the same as me?

 

[Alphaen]

CS get back to me. This Moneybull is only for margin account. Well their loss I will buy from poems and moomoo then. Moomoo got freebies for new user although need lock monies for 1 to 3 months. But my poems trial with Fullerton Cash Fund is it is positive so far no negative. Hope it stays that way at least till end of this year.

You sure because my account is cash account and I can subscribe to the Fullerton Cash Fund? But I might not use it since I already have MooMoo Cash+ and the funds are the same.

 

[sohguanh]

You sure because my account is cash account and I can subscribe to the Fullerton Cash Fund? But I might not use it since I already have MooMoo Cash+ and the funds are the same.

Hi yes today I start to buy fund in Webull and it works. CSO give me wrong info indeed. The Fullerton Cash Fund buy from moomoo newbie got 10 days X $2 each day so since same fund I buy from moomoo.

 

[Alphaen]

Hi yes today I start to buy fund in Webull and it works. CSO give me wrong info indeed. The Fullerton Cash Fund buy from moomoo newbie got 10 days X $2 each day so since same find I buy from moomoo.

Haha ok. I find it strange there is ever a product where cash account cannot qualify but margin account can. Normally risky products are not available to margin accounts but only cash account. Maybe the CS meant the opposite. I think webull also has $20 grab voucher if you buy 1 fund and hold for 30 days.

 

[sohguanh]

Haha ok. I find it strange there is ever a product where cash account cannot qualify but margin account can. Normally risky products are not available to margin accounts but only cash account. Maybe the CS meant the opposite.

Webull fund feature is almost same as moomoo but how come their documents don't have factsheet download har? Mutual fund aka unit trust factsheet quite important as we need to see their top holdings and what they are investing into. In this aspect moomoo fund feature is better and moomoo got periodic fund coupon.

 

[CaptainWu]

WeBull doens't has the same feature as Moomoo/Tiger that auto-redeem when fund are running negative?

 

[sohguanh]

WeBull doens't has the same feature as Moomoo/Tiger that auto-redeem when fund are running negative?

Do you mean once the fund you buy goes into red color it auto-redeem aka sell on your behalf? Mutual fund are really different from stock,ETF in terms of trading like buy,sell IMHO. Fund are more for long term. In fact I cannot even know the transacted price I buy when I click Subscribe or Redeem. There is always this delayed action in terms of days. Hence I am treating fund like dividend paying feature. Capital appreciation is bonus.

 

[CaptainWu]

Do you mean once the fund you buy goes into red color it auto-redeem aka sell on your behalf? Mutual fund are really different from stock,ETF in terms of trading like buy,sell IMHO. Fund are more for long term. In fact I cannot even know the transacted price I buy when I click Subscribe or Redeem. There is always this delayed action in terms of days. Hence I am treating fund like dividend paying feature. Capital appreciation is bonus.

That's right. I am referring to MMF kind of fund only. Tiger and Moomoo offer this with auto redemption feature which makes any idle funds to earn interests while waiting for investment opportunity. If normal redemption could easily taking a week waiting for fund to come back.

If you are talking about other kind of Mutual Fund then it will be the same normal subscrition/redemption process, I think no different.

 

[sohguanh]

That's right. I am referring to MMF kind of fund only. Tiger and Moomoo offer this with auto redemption feature which makes any idle funds to earn interests while waiting for investment opportunity. If normal redemption could easily taking a week waiting for fund to come back.

If you are talking about other kind of Mutual Fund then it will be the same normal subscrition/redemption process, I think no different.

Ooh I know what you are talking about. This I know from fsm long time ago they call it Sweep Account. Put there earn interest while waiting for chance to buy without lag. Just Sweep Account underlying is various instruments like FD, MMF etc.

 

[findingEva]

Just reg to webull ..

noticed SGD in/out transfer is free
USD is not...

Exchange rate is not as good as other similar service provider.
No access to SGX.

Everything free until they say not free...
Roughly can see where they make money liao...

Just my 2c worth.

USD transfer in/out was charged by your USD account bank, not by webull, I think.

 

[xsoldix]

USD transfer in/out was charged by your USD account bank, not by webull, I think.

Yup, TT fees from receiving bank and sending bank.
so basically they deter usd deposits by getting users to deposit sgd and exchange in webull.

 

[sohguanh]

Yup, TT fees from receiving bank and sending bank.
so basically they deter usd deposits by getting users to deposit sgd and exchange in webull.

Same for IBKR also and IBKR minimum must change a lot. Webull I change 10 also can as I usually buy small small per trade.

 

[Aleryut]

I just discovered that MooMoo charge sell, buy fee at about $1 recently.for one trade of buy, sell tsla stock.
Then I have no choice , but stick to webull since webull still can enjoy near zero sell buy fee

 

[sohguanh]

I just discovered that MooMoo charge sell, buy fee at about $1 recently.for one trade of buy, sell tsla stock.
Then I have no choice , but stick to webull since webull still can enjoy near zero sell buy fee

moomoo for US stock does not support fractional shares. That is why I go for Webull slowly accumulate 5 each trade. But other forum say Webull not stable compared to giant like IBKR (In people mind giant titan hard to fall but history has shown exceptions do occur haha). Well maybe true so readers just need to decide and take responsibilities for your choice.

 

[sohguanh]

I just discovered that MooMoo charge sell, buy fee at about $1 recently.for one trade of buy, sell tsla stock.
Then I have no choice , but stick to webull since webull still can enjoy near zero sell buy fee

Just to inform the no buy fees will only last from Apr to Sep 2023. Afterwards each trade may incur a minimum of USD 0.50 so if you like to buy USD 5 per trade paying 0.50 is 10% comm fee!!! All good things will come to a stop eventually so no difference from Webull. Enjoy while you can.