Is WebulltradingBot.com legit or a scam?
Webull trading is legit. This is a relatively new brokerage that provides the option of free trading. The legitimacy of this website has been proven through FINRA and SEC registration since 2018.
Webull trading review makes it a worth-it trading platform that provides reliable security for your investments without additional fees.
What is WebulltradingBot.com?
This is an excellent mobile app that is also present on the web and desktop platforms. This was founded in 2017 in China; then, it moved down to New York City for brokerage operations.
This benefits from paper trading and offers free stocks and 11 different cryptocurrency assets.
Details:
| Regulated by: | SEC and FINRA |
| Is This Company Safe? | Safe |
| Known Websites: | Webulltradingbot.com |
| Have Warnings from: | N/A |
| Registered in: | Unknown |
| Operating since: | 2017 |
| Trading Platforms: | Mobile, web-based, downloadable on desktop |
| Maximum Leverage: | Unknown |
| Minimum Deposit: | N/A |
| Deposit Bonus: | Not available |
| Trading Assets: | Stocks, ETFs, Options, Cryptocurrency |
| Free Demo Account: | Available |
| How to Withdraw from This Company? | ACH and Wire Transfer |
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Deposits and withdrawals:
This Webultradingbot provides no cash management options, so users cannot earn interest or uninvited cash. This offers two options for deposit and withdrawal: ACH and wire transfer.
Limiting the maximum transfer and also incurring fees shows the Webultradingbot scam. The wire transfer fee for the deposit is between $8 and $25, which could be better. This broker also didn’t offer debit cards or check the amount.
Account Types:
This website has three types of accounts depending on the investment, the return, and the gift bonus provided by this brokerage. These types are
- Silver $1000
- Gold $5000
- Diamond $10000
Red flags and warning signs:
The red flag about this website is that it needs a vast range of trading tools. Long-term investors need help with stocks, financial planning, and commentary due to short-term trading.
Another red flag is that this broker does not offer forex trading or bitcoin ETFs. Webull trading bot review also shows some warning signs to experienced users, like the lack of access to assets and the mobile app not allowing access to the stock screener.
Read our carefully selected list of 100 top-regulated brokers to make Safe investment decisions in legitimate companies.
Customer complaints and negative reviews:
Customers need more mutual funds, futures trading, and bonds. This broker does not provide educational articles, instrumental tools, webinars, or free online sessions. negative Webull trading bot reviews for not having a live chat and due to poor phone support shown by the app.
The customer service provided by this app also does not satisfy the customers. I had a bad experience with the order flow method of payment and thought of it as a Webull trading bot scam broker house.
FAQs
Does Webull allow API trading?
Yes, Webull allows API trading. The Weibull API provides service for developers. This helps the users automatically place their orders and their designs.
This improves transaction efficiency and clients’ decision-making to gain fame in the marketplace.
Are trading bots illegal?
Yes, trading bots are legal. There are no rules or laws for traders using trading bots. Some people object to trading bots because of how they impact the market. Trading bots are legal, but any misuse for manipulation is not.
Is Webull a trading simulator?
Yes, Webull presents a trading simulator that, without risking your money, helps to test your trading strategies. They give you fake currency to work with, so you can keep your original money and gain experience.
Got scammed by WebulltradingBot.com? We help victims!
We know this is a safe and secure website. But if you need help with the Webulltarding app, don’t worry. Report the scam to Reportscammedbitcoin.com to get your funds back. Our dedicated team guides victims. We aim to resolve conflicts and ensure a fair resolution. We can confidently state that Webull Trading Bot is a secure broker. You Can report to us today by the below form.
