Unlock Your Trading Knowledge: Webull x Seedly Community Quiz
Stand a chance to win up to $3,000 worth of prizes!
Unlock Your Trading Knowledge: Webull x Seedly
Share your investing insights and be one of the 10 Lucky Winners to walk away with up to $3,000 worth of prizes!
Here's how it works:
- Quizzes will be posted live every 2 hours, starting from 10am to 6pm on 17 and 18 July 2023.
- Seedly will choose the winners based on:
i. highest number of correct answers on the multiple-choice questions; and
ii. most insightful and/or informative answer on the written format. - Winners will be announced by 31 July on this page.
Unlock Your Trading Knowledge: Webull x Seedly
Congratulations to the winners of this campaign!
Winner of Day 1, Quiz 1 (Nintendo Switch Gen 2 worth $399): Pei Wen Loo
Winner of Day 1, Quiz 2 (Marshall Emberton II worth $299): Lynn
Winner of Day 1, Quiz 3 (Beats Studio Buds+ worth $299): Wei Kang Teo
Winner of Day 1, Quiz 4 (Apple HomePod mini (Bundle of 2)): Alois Oh
Winner of Day 1, Quiz 5 (Fujifim Instax Mini Evo Instant Camera worth $309): Robin Chan
Winner of Day 2, Quiz 1 (Nintendo Switch Gen 2 worth $399): Sherleen Lee
Winner of Day 2, Quiz 2 (Marshall Emberton II worth $299): HC Tang
Winner of Day 2, Quiz 3 (Beats Studio Buds+ worth $299): Xw
Winner of Day 2, Quiz 4 (Apple HomePod mini (Bundle of 2)): Kelvin Neo
Winner of Day 2, Quiz 5 (Fujifim Instax Mini Evo Instant Camera worth $309): Miao
Winners will be notified through email.
Reach out to [email protected] should you have any questions regarding prize collection.
[18 JULY 2023] 10AM: Quiz #1
Q1: What are the advantages of Webull?
1. In-depth Analysis Tools
2. Easy-to-use app and desktop platform
3. Community with more than 35M Global Users
4. All of the above
Q2: What is a rule that sets the maximum price movement allowed for a stock in a single trading day is known as?
1. Price limit
2. Dynamic price limit
3. Limit orders
4. Stop-Limit orders
Q3: What is Initial Margin (IM)?
1. When your Net Account Value (NAV) drops below the Maintenance Margin (MM) requirement.
2. The amount required for opening new margin positions.
3. The minimum amount of the Net Account Value (NAV).
4. The cash balance, available margin, and collaterals you have available in your brokerage account to purchase additional securities or open new positions in a trading context.
Q4: Open-Ended Question -
How old were you when you placed your first trade, and what encouraged you to start trading?
Answer here now!
[18 JULY 2023] 12PM: Quiz #2
Q1: Does Webull charge platform fees for US Options trading?
1. Yes
2. No
Q2: An Index Option is a contract that gives the buyer (the owner or holder) the right to buy or sell the value of the underlying index at a specified strike price.
1. True
2. False
Q3: What does the acronym OPRA stand for in the context of trading?
1. Options Price Reporting Authority
2. Order Processing and Routing Agency
3. Options Pricing and Risk Analysis
4. Online Portfolio and Risk Assessment
Q4: Open-Ended Question -
What strategies do you typically use when trading options? How do they differ from your approach to trading shares?
Answer here now!
[18 JULY 2023] 2PM: Quiz #3
Q1: Is A-Shares available for trading on Webull?
1. Yes
2. No
Q2: When time does the A-Shares Continuous Auction (Morning) start in SSE/SZSE hours?
1. 9:30 a.m.
2. 9:00 a.m.
3. 8:00 a.m.
4. 10:000 a.m.
Q3: Is margin available for A-shares trading on Webull?
1. Yes
2. No
Q4: Open-Ended Question -
Have you encountered any unique challenges or opportunities when trading A-shares compared to trading shares in other markets?
Answer here now!
[18 JULY 2023] 4PM: Quiz #4
Q1: Is Regular Saving Plan (RSP) available on Webull?
1. Yes
2. No
Q2: What can you invest in on Webull’s RSP feature?
1. US-listed Stocks
2. US-listed ETFs
3. SGD Mutual Funds
4. USD Mutual Funds
5. All of the above
Q3: With RSP, you are adopting the Dollar-Cost Averaging strategy.
1. True
2. False
Q4: Open-Ended Question -
How do you handle periods of market volatility or unexpected events?
Answer here now!
[18 JULY 2023] 6PM: Quiz #5
Q1: Can you open a Webull account with Singpass?
1. Yes
2. No
Q2: Must you have a valid Customer Knowledge Assessment (CKA) to trade unlisted Specific Investment Products (SIP)?
1. Yes
2. No
Q3: What is the primary difference between a mutual fund and an ETF?
1. ETFs can be traded intra-day like stocks on the stock exchange, while mutual funds only can be purchased /sold at the end of each trading day based on the NAV(Net Account Value)
2. Mutual funds are generally passively managed, while ETFs are mostly actively managed.
3. Mutual funds have lower expense ratios compared to ETFs.
4. Mutual funds invest in individual stocks, while ETFs invest in a basket of securities.
Q4: Open-Ended Question -
What do you consider to be the most challenging aspect of trading, and how do you work to overcome it?
Answer here now!
[17 JULY 2023] 10AM: Quiz #1
Q1: When did Webull launch in Singapore?
1.2021
2.2015
3.1999
4.2022
Q2: What is a Mutual Fund?
1. A collective investment which pools money from a number of investors into a wide range of assets, and actively managed by professional fund managers.
2. A share that is less than one whole share of a company.
3. A contract between two parties to facilitate a potential transaction on an underlying security at a preset price, referred to as the strike price, prior to or on the expiration date.
4. A group or basket of securities, derivatives, or other financial instruments that represents and measures the performance of a specific market, asset class, market sector, or investment strategy.
Q3: What currencies can you use for Mutual Funds subscriptions and redemptions on Webull?
1. SGD or USD
2. USD or HKD
3. SGD or HKD
4. CNH or SGD
Q4: Open-Ended Question -
What is the biggest lesson you've learned about yourself as a trader?
Answer here now!
12PM: Quiz #2
Q1: Which products are available on Webull?
1. US Stocks and US ETFs
2. HK Stocks, Mutual Funds and A-Shares
3. US Index Options and US Fractional Shares
4. All of the above
Q2: What is the term used to describe the ratio of a company's earnings per share to its current market price per share?
1. Price-to-earnings ratio (P/E ratio)
2. Return on investment (ROI)
3. Dividend yield
4. Beta coefficient
Q3: What does the acronym IPO stand for in the context of trading?
1. Initial Public Offering
2. International Portfolio Order
3. Intraday Price Oscillator
4. Internal Profit Objective
Q4: Open-Ended Question -
What factors do you consider when deciding whether to make a trade?
Answer here now!
2PM: Quiz #3
Q1: You can trade US fractional shares on Webull for as low as?
1. USD5
2. SGD5
3. USD10
4. SGD10
Q2: What is an Option?
1. When you own less than one whole share of a company.
2. a group or basket of securities, derivatives, or other financial instruments that represents and measures the performance of a specific market, asset class, market sector, or investment strategy.
3. A collective investment which pools money from a number of investors into a wide range of assets, and actively managed by professional fund managers.
4. An agreement between two parties to facilitate a potential transaction on an underlying security at a preset price, referred to as the strike price, prior to or on the expiration date.
Q3: What are Options that allow trading of the option on the day of expiration until the market closes known as?
1. A.M. Settled Index Options
2. P.M. Settled Index Options
3. Intraday Settled Index Options
4. Extended-Hours Settled Index Options
Q4: Open-Ended Question -
What was the riskiest trading decision you have ever made?
Answer here now!
4PM: Quiz #4
Q1: Up to how many free shares can you get by referring 1 friend to fund and trade in July?
1. 20
2. 10
3. 30
4. 40
Q2: What is an At-auction Order when trading in the HK market?
1. A financial instrument that is based upon the value of underlying assets such as stocks
2. An order without a specified price
3. An order with a specified price
4. An order that allows matching of up to 10
price queues at a time
Q3: What are the continuous trading session hours in SGT for HK trading?
1. 09:30 to 12:00 SGT and 13:00 to 16:00 SGT
2. 09:00 to 12:00 SGT and 14:00 to 16:00 SGT
3. 09:00 to 12:00 SGT and 13:00 to 17:00 SGT
4. 09:30 to 12:00 SGT and 14:00 to 17:00 SGT
Q4: Open-Ended Question -
What is/are your trading goal(s)?
Answer here now!
6PM: Quiz #5
Q1: What order types are available on Webull for trading on the US market?
1. Limit orders
2. Market orders
3. Stop orders
4. Stop-limit orders
5. All of the above
Q2: What is a forward stock split?
1. A forward stock split occurs when a company merges with another company to increase the value of its stocks.
2. A forward stock split happens when a company decreases the number of outstanding shares to increase the stock's price.
3. A forward stock split is the process of dividing a company's existing stocks to increase the number of shares and enhance the stock's liquidity.
4. A forward stock split is a strategy used by companies to repurchase their own shares and reduce the number of outstanding shares.
Q3: What are the regular trading hours of the US market in SGT during Eastern Daylight Time (EDT)?
1. 09:30 SGT to 16:00 SGT
2. 22:30 SGT to 05:00 SGT
3. 21:30 SGT to 04:00 SGT
4. 10:30 SGT to 17:00 SGT
Q4: Open-Ended Question -
How do you handle losses or setbacks in your trading?