How to Deposit via eDDA
In this lesson, we show you how you can deposit funds via eDDA.
Learning Center

When initiating a deposit into your Webull brokerage account, Webull allows you to deposit funds in 3 ways:

(1) electronic Direct Debit Authorisation (eDDA)

(2) Fast and Secure Transfers (FAST)

(3) Telegraphic Transfer (TT).

In this lesson, we show you how you can deposit funds via eDDA. You are authorised to initiate an eDDA instruction to set the maximum amount, date range, and preferred account via your bank or the Webull App. Learn More>>

Step 1: Tap the Webull logo at the bottom of the screen

Step 2: Tap “Transfers” at the top of the screen

Step 3: Tap “Deposit”

Step 4: Tap “eDDA Deposit”

Step 5: Add a new bank account or select your bank account

  • Newly registered Webull Clients will have to add and choose a new bank account they wish to link to their Webull brokerage account. You can link a maximum of 5 bank accounts to your Webull brokerage account.
  • Existing Webull Clients who have multiple bank accounts linked to their Webull brokerage account will need to select a bank account.

For newly registered Webull Clients with no linked bank account:

‌‌

For existing Webull Clients with a linked bank account:

Step 6: Key in Deposit Amount

For eDDA, there is no minimum or maximum deposit amount set by Webull. You can choose to set the maximum limit for your deposit based on your chosen bank account’s transfer limit.

Step 7: Deposit Request Review

Deposits made via eDDA will typically be processed and reflected in your Webull brokerage account within 5 to 10 minutes after the transaction is confirmed.

Securities trading is offered to self-directed customers by Webull Financial LLC, member SIPC, FINRA. All investments involve risk, including the possible loss of principal. You should consider your investment objectives carefully before investing. This is not a recommendation, investment advice, or a solicitation for the purchase or sale of a security. Additional info: webull.com/policy
avatar
Share your ideas here…

Course
Funding
Not sure how to deposit or initiate transfers to and from your Webull account? Click to see how!
Lesson List
How to Deposit via eDDA
2
How to Deposit via FAST
3
How to Deposit via TT
4
How to Exchange Currency
Related Courses
831
Mutual Funds
6.7K
Option Tutorial Graphics
Here we have some small tips in option trading. Use our tools to better your investment.
1.6K
Get Started with Webull
A guide to getting started with Webull!
3.1K
Start Trading
Learn how to place a quick trade on Webull!
No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.
English