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By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. I have a problem with Webull Select the option you are having issues with and help provide feedback to the service. 11 option trading strategies to choose from on Webull, including single option, covered stock, straddle, butterfly, iron condor, etc. why won't webull approve me for options - maingila.com How to get approved for Webull options trading. Theyre seen as being high risk-return, which is ironic because they largely came about due to investors looking for a way to manage risk. Webull has some of the lowest fees among brokerages, without skimping on advanced trading tools. At Webull, it is possible to set stop-losses at time of trade, by inputting the details into the stop-loss data field on the trade execution monitor. Originally, Webull was only available to mobile users, but web-based and downloadable platforms are now available. It has no minimum account deposit and more than 11 million users in countries like the US, Brazil, Japan, and India but it's yet to make its way to the UK. As such we may earn a commision when you make a purchase after following a link from our website. For more information, please see our Chris Davis is a NerdWallet investing writer. Then you can do cover calls,. I'm not sure what else I have to do. He spent nearly three years living abroad, first as a senior writer for the marketing agency Castleford in Auckland, NZ, and then as an English teacher in Spain. dayton leroy rogers family. The broker also offers excellent educational resources for newer traders. January 2023 Side Hustle Report - $791.59 - Financial Panther Menu. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. Has anybody had issues or a reason why my "application" won't be approved. The only problem is finding these stocks takes hours per day. If your options are in-the-money then you are sitting on an unrealised profit. It seems WB is conducting it's due diligence and is holding your previous answer against you. Customers arent charged a per-trade commission nor a per-contract fee. Jinguni 2 yr. ago. The best sustainable ETFs to have in your portfolio, 1 Minute Scalping Strategy Guide for Traders, Option trading assignment or exercise fees $0, Paper confirm fee Apex (clearing firm): $2/Confirm, Paper statements fee Apex (clearing firm): $5/Statement, Paper prospectus fee Apex (clearing firm): $2.5/Mail, Deposit via wire transfer US bank account: $8 per deposit Apex (clearing firm), Withdraw via wire transfer US bank account: $25 per withdrawal Apex (clearing firm), Deposit via wire transfer (international) Non-U.S. Bank Account: $12.5 per deposit Apex (clearing firm), Withdraw via wire transfer (international) Non-US bank account: $45 per withdrawal Apex (clearing firm). Source: Webull. Webulls options trading platform on a mobile device. Youll need at least 320 megabytes of disc storage space on your computer for the desktop application. However, they just released options Q1 of this yr anyway. If the US stock markets are open, then the prices seen on the Webull platform are live. Options trading is associated with the right to buy or sell the underlying instrument until a certain date. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only.