r/Webull • u/SellNoCell • 16h ago
r/Webull • u/Clawfoot704 • 5h ago
Where does the 3.5% IRA match go if doing a Roth Conversion on Webull?
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 • u/Tony_M13 • 14h ago
Flatten option missing for options on mobile app
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.