How To Withdraw Money From Webull To Your Bank 2024

Are you ready to take some profits from your Webull trading account and transfer the funds to your bank?

With Webull, the process of withdrawing your hard-earned money is straightforward, but it's important to follow the steps correctly to ensure a smooth transaction.

In this article, we will guide you through the process of withdrawing funds from your Webull account to your bank account.

Learn More: Robinhood Retirement 3% Match

Robinhood is a popular "all-in-one" investing app.

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• Robinhood offers 2 types of retirement accounts - the Roth IRA and Traditional IRA
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• Robinhood Gold members will get a 3% Match - the biggest on the market

And don't worry, this comes with a Portfolio Builder Tool. You don't have to construct your investment portfolio from scratch if you don't want to.

Lastly, you'll even get a free stock worth up to $200 when you open a new Robinhood account using our link.

Best Free Stock Promotions

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Key Considerations

Before you get started, here are a few essential things to keep in mind:

1. Bank Account Requirement: Webull only supports withdrawals to a valid bank account. This means you cannot withdraw funds to payment service providers or e-wallets.
2. Individual Bank Account: Withdrawals can only be made to your individual bank account, and it's essential to ensure that it's linked correctly in the Webull app.
3. Multiple Bank Accounts: Webull allows you to link up to five bank accounts to your account. If you have multiple bank accounts linked, you will need to select the specific bank account where you wish to receive the funds when making withdrawals.

With that out of the way, let's move on!

New to Webull? Check out my full tutorial below!

How To Withdraw Money From Webull

Now, let's go through the step-by-step process to withdraw funds from your Webull account:

1. Open the Webull app and tap on the Webull logo located at the bottom of the screen to access the main menu
2. Within the main menu, tap on "Transfers," which you can find at the top of the screen
3. Under "Transfers," select the "Withdraw" option
4. You will also need to choose your desired withdrawal currency
5. Next, you will need to add your bank account details to initiate the withdrawal (Ensure that the bank account you wish to use is saved in the Webull app beforehand)
6. Input the amount you want to withdraw from your Webull account (Double-check that the amount is correct)
7. After confirming the withdrawal amount, tap on "Submit Withdrawal Request"
8. To finalize the withdrawal, tap on "Confirm"