Webull Malaysia
No Code Needed
Sign up via the BursaNews referral link and deposit RM5,000 for 60 days to unlock RM300 in trading vouchers. No promo code required.
What You Get with the BursaNews Referral Link
No promo code needed. Sign up via our link and complete the requirements below to unlock all rewards.
How to Sign Up for Webull Malaysia
Follow these steps to claim all available rewards. The key difference from Moomoo: no promo code entry needed at any step.
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1Tap the BursaNews Referral LinkStart by tapping the sign-up button on this page or the link above. This is important — you must access Webull's registration through the BursaNews link for the referral rewards to be applied automatically. Do not sign up directly from the Webull app or website.
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2Download the Webull App & Create AccountDownload the Webull app from Google Play (Android) or the App Store (iOS). Register using your email address and Malaysian mobile number, then set a secure password.
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3Complete eKYC VerificationUpload your Malaysian NRIC (front and back) for digital identity verification. The process is fully online — no branch visits or physical documents required. Typically approved within a few hours.
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4Your CDS Account is Opened AutomaticallyWebull automatically opens a CDS (Central Depository System) account for you during the registration flow. This is required to hold Bursa Malaysia stocks. No separate application is needed.ℹ️ After signing up via the BursaNews link, you must deposit RM5,000 and maintain it for 60 days to unlock the RM300 trading vouchers. The vouchers are credited after the 60-day period, not immediately.
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5Deposit RM5,000 via Bank TransferFund your account via bank transfer (FPX or IBG). Go to Deposit → Bank Transfer in the app and follow the instructions. Make sure the depositor name matches your Webull account name. Funds typically arrive within minutes to a few hours.
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6Start Trading with 0% CommissionYou're ready. Trade US stocks and ETFs on NYSE and NASDAQ with 0% commission until 31 December 2026. Your RM300 trading vouchers will appear in the Rewards Centre in the Webull app shortly after account approval.
Frequently Asked Questions
Do I need a promo code for Webull Malaysia?
No. Webull Malaysia does not use a promo code system. Simply sign up via the BursaNews referral link above — it automatically registers you under BursaNews and unlocks all available rewards including the RM300 trading vouchers.
How much is the Webull Malaysia welcome reward in 2026?
Using the BursaNews referral link, you receive RM300 in trading vouchers (3 × RM100) upon sign-up. No deposit required to claim the vouchers. You also get 0% commission on US stocks until 31 December 2026.
Why do I need to use the BursaNews referral link and not sign up directly?
The rewards are tied to referral tracking. When you sign up directly through the Webull app or website without a referral link, the system does not know you came from BursaNews and the welcome rewards may not be applied. Always use the BursaNews referral link to ensure full reward eligibility.
Is Webull Malaysia regulated and safe?
Yes. Webull Malaysia holds a Capital Markets Services Licence (CMSL) issued by the Securities Commission (SC) Malaysia. Your account and funds are protected under Malaysian securities law.
What is the difference between Webull and Moomoo Malaysia?
Both are SC-regulated and offer 0% commission on Malaysian stocks for new users. Key differences: Moomoo offers higher welcome rewards (up to RM1,500+, requires code BURSA88) and AI analysis tools. Webull has 0% US stock commission until Dec 2026, stronger options trading features, and 24-hour US market access. See the full comparison →
Can I trade during the 60-day holding period?
Yes. You can trade Malaysian and US stocks freely during the 60-day period. Only your net deposit needs to remain — market value changes to your portfolio do not affect reward eligibility. Avoid withdrawing the initial RM5,000.