Moneybull is a wealth management tool designed for margin accounts to earn a yield on idle cash while maintaining liquidity and low risk. The yield is generated by automatically investing your idle cash into underlying cash funds. Webull does not charge any fee for Moneybull.
Management fees are charged by the respective fund houses of the underlying cash funds.
You can activate Moneybull by referring to the pictures below according to your brokerage account type.
For Cash Account:
Step 1: Change your account to a margin account.
For Cash Accounts and Margin Accounts:
Step 2 for cash accounts and the only step for margin account: Activate Moneybull
*The images shown are for illustration purposes only.