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“Bring Your Portfolio Home”: Robinhood and Rivals Target Webull Clients after China Scrutiny
Robinhood, SoFi and Public are using the scrutiny surrounding Webull to compete for its customer assets. All three launched Webull-specific transfer incentives after a bipartisan House committee labelled the brokerage’s China ties a national security risk.The platforms are offering a 3% match on eligible transfers from Webull through the Automated Customer Account Transfer Service (ACATS). The system allows investors to move eligible securities …
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2 Articles
“Bring Your Portfolio Home”: Robinhood and Rivals Target Webull Clients after China Scrutiny
Robinhood, SoFi and Public are using the scrutiny surrounding Webull to compete for its customer assets. All three launched Webull-specific transfer incentives after a bipartisan House committee labelled the brokerage’s China ties a national security risk.The platforms are offering a 3% match on eligible transfers from Webull through the Automated Customer Account Transfer Service (ACATS). The system allows investors to move eligible securities …
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