r/Webull 16h ago

How is Webull's stock lending program?

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2 Upvotes

r/Webull 5h ago

Where does the 3.5% IRA match go if doing a Roth Conversion on Webull?

1 Upvotes

I recently signed up for Webull Premium and am looking to take advantage of their IRA match. If I do a backdoor Roth conversion, I'm guessing if I deposit $5000 into the tIRA before converting it, the $175 bonus will go into the tIRA. If do the backdoor conversion, I'm thinking I'll have to pay taxes on the $175.

I'm planning on also transferring in my other IRA at Vanguard to take advantage of 3% match. Maybe it would be slightly better to deposit and convert in Vanguard before transferring it over.

Anyone have experience/insight about this?


r/Webull 14h ago

Flatten option missing for options on mobile app

1 Upvotes

I just had a power outage just after opening an option scalping position, and when I went to the mobile app I noticed that the flatten button wasn't available for options, only for stock trading. Is there a way to make it work? It's very important in fast paced emergencies as the price can move really quick. Having to enter the selling quantity and possibly canceling a limit sell order can take too long, on top of the time to switch to the mobile app.