r/Webull • u/rynaroundtheworld • 9h ago
Should I let my boyfriend trade with my account?
My boyfriend has been talking about using my account to trade because his account got locked/levied apparently due to unpaid legal fees.
He already gave me cash for it and wants me to deposit it into my bank and onto Webull. To be safe I think i would unlink my bank account after depositing if possible.
I’m thinking about it but still debating on if it’s a good idea? I don’t know anything about trading but he says there’s no way for him to make my account negative.
I’m trying to hear opinions and take it all in right now.. I guess part of me wanted this to make some sort of sense.
Just to reiterate some things he’s said, I discussed taxes, he said he would be fine with me keeping the money anyway. He stated it’s not a margin account, but he would be doing options. I have spoken about it being gambling and he says he’s gambling his own money, lmao, and he is only risking the money he puts in. He says if he loses his money, I still gain something, because I can claim it on taxes apparently.
Some things make sense, some things don’t. I’m feeling like I should convince him to just pay what he owes so he can trade with his own account.
