What types of accounts are available on the Webull App?

Webull offers both cash and margin accounts, where you are only allowed to open one account. However, you can choose to convert your account to either a cash or margin account in the future.

Note:

(i) Specific conditions must be met before a client is permitted to open a margin account or convert to a margin account.
(Please refer to the image below.)

(ii) Account conversion usually takes 2 business days to be processed. You are unable to trade or submit withdrawal application during this process before upgrade is completed.