To close a standard Webull brokerage account, first withdraw available cash to an active, verified bank account—or ask the receiving broker to transfer eligible investments—then make sure the account has no positions, pending activity, or balance before submitting the closure request. Webull says a qualifying closure request typically takes 1–3 business days to process. Closing the brokerage account does not permanently delete your Webull login or profile.
Choose how to move your money and investments
There are two different ways to leave a standard Webull brokerage account. If you sell holdings, you can withdraw the resulting available cash through ACH to a verified bank. If you want to keep eligible securities, ask your new brokerage to initiate an ACAT transfer. The fee and restrictions for an ACAT transfer do not apply to an ordinary ACH cash withdrawal.
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| Exit route | What moves | Key requirements and limits | Webull’s published cost or timing |
|---|---|---|---|
| Sell holdings and withdraw cash | Available cash to a linked external bank | The bank connection must be active and verified; funds must be available to withdraw. | Webull states that ACH withdrawals typically take 2–3 business days and have a $100,000 daily limit. Deposits and other activity can affect availability. |
| Transfer securities (ACAT) | Eligible investments to a receiving broker | The receiving broker initiates the transfer, and transactions must be settled. Fractional shares, Treasury bonds, and money market funds cannot transfer and are liquidated after initiation. | Webull states a $75 fee for full or partial outgoing transfers. Certain recent deposits may be held for up to 30 days from settlement before an outgoing transfer. |
These fees, limits, and timelines are Webull’s published service rules, not guarantees. Check the current details with Webull and, for an ACAT, with the receiving broker before starting.
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Prepare the account before requesting closure
Webull requires a standard brokerage account to have a $0 cash balance, no open positions, no negative cash balance, no pending transfers, and no incoming dividend or interest payments before it accepts a closure request. In practice, that means deciding whether to sell or transfer holdings, withdrawing any available cash, and waiting for unsettled or pending activity to clear.
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A displayed cash balance is not necessarily withdrawable. Webull says sale proceeds must settle, while reserved funds, recent deposits, and pending activity can reduce the amount available. Its published availability guidance lists a five-business-day hold for ACH deposits and one business day for wire deposits. ACH deposits initiated after 4:00 p.m. ET or on a non-business day process the next business day, which can extend the wait. See Webull’s withdrawal instructions and deposit availability guidance.
Withdraw available cash to a verified bank
Webull requires an active, verified bank connection for ACH withdrawals. Use the route for the interface you have:
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- Webull app: Select the account, then open Transfers → Transfer Money.
- Webull website: Open My Account → Transfer Money.
In either flow, set the external bank as the destination in the To field, enter the amount, review the transfer, and submit it. Webull states that ACH withdrawals typically take 2–3 business days to process and appear in the bank, and publishes a $100,000 daily withdrawal limit. These are stated service timings and limits, not a promise of when a particular bank will post the funds.
Transfer eligible investments instead of selling
If you want to retain eligible securities, contact the brokerage receiving them and ask it to initiate an ACAT transfer from Webull. Webull says transactions—including trades and deposits—must be settled before an ACAT can complete. Fractional shares, Treasury bonds, and money market funds are not transferable; Webull says these assets will be liquidated after transfer initiation. Its asset-transfer guidance states a $75 fee for both full and partial outgoing transfers.
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Webull says some recent deposits can be subject to an outgoing-transfer holding period of up to 30 days from settlement. During a full transfer, trading, deposits, and withdrawals are restricted while the assets are confirmed. Webull says the account closes after a full transfer completes, so a separate closure request is not needed for that outcome.
If you need to cancel an outgoing transfer
Webull advises contacting the receiving institution first. To assist with cancellation, Webull requires a signed handwritten request and handles the request on a best-efforts basis; it cannot guarantee cancellation once processing has begun. Follow Webull’s transfer-cancellation instructions.
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Submit the standard brokerage closure request
Once the account meets the closure requirements, use the applicable route. Menu names may vary as Webull updates its interface.
- App: Menu → Settings → Account Management → Close Account. Confirm the listed requirements and submit.
- Lite Mode: Tap the profile/head-and-shoulders icon, then Account Features → Account Management → Close Account.
- Website: Open the profile icon, then My Account → Verify → Manage My Account → Delete Account. Confirm the requirements and submit.
On the website, the label “Delete Account” is used for the brokerage closure flow. Webull says the closure request typically takes 1–3 business days once its requirements are satisfied. Its account closure guidance says you can cancel a request within 24 hours in the app through Menu → Settings → Account Management → Close Account → Cancel Closing Account.
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Brokerage closure is not permanent profile deletion
Closing the brokerage account and permanently deleting your Webull login credentials and profile are separate actions. Webull says login credentials remain active after brokerage closure; submitting the brokerage closure request does not itself delete the profile. If permanent profile deletion is your goal, consult Webull’s separate instructions rather than assuming the website’s “Delete Account” closure label does it.
This guide covers the standard Webull brokerage account. Webull has separate processes for advisor and crypto accounts, so do not rely on these steps for those products.
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