This analysis describes what PayPal's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
The breadth of the listed instruments means virtually any investment brokering activity falls within this category, affecting a wide range of financial service providers using PayPal.
Interpretive note: The excerpt uses the word 'figures' which appears to be a transcription error for 'futures'; the canonical claim uses 'futures' based on context, but the evidence span preserves the original text. The pre-approval requirement named in the clause is not present in the quoted language.
If you use PayPal to buy, sell, or broker any of the listed financial instruments or investment interests, your activity falls within this defined policy category.
How other platforms handle this
Use the services for commercial activities and/or promotions such as contests, sweepstakes, barter, pyramid schemes, advertising, affiliate links, and other forms of solicitation.
You may not display any personal contact, banking, or peer-to-peer payment information, whether in relation to you or any other person (for example, names, home addresses or postcodes, telephone numbers, email addresses, URLs, credit/debit card...)
You agree that Promotional Codes: (a) must be used in a lawful manner; (b) must be used for the intended audience and purpose; (c) may not be duplicated, sold or transferred in any manner...
"Buying, selling, or brokering stocks, bonds, securities, options, figures, commodities, contracts for difference/forex, mutual funds or an investment interest in any entity or property.Excerpt from PayPal's Acceptable Use Policy
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The breadth of the listed instruments means virtually any investment brokering activity falls within this category, affecting a wide range of financial service providers using PayPal.
If you use PayPal to buy, sell, or broker any of the listed financial instruments or investment interests, your activity falls within this defined policy category.
ConductAtlas has identified this type of provision across 282 platforms. See the full comparison.
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