A commission-free online brokerage platform that provides stock, options, and cryptocurrency trading services along with market data and analysis tools. The platform serves retail investors who need to understand how their personal and financial data is collected, used, and shared, particularly given the sensitive nature of trading activity and account information. Policy changes can affect user rights regarding data privacy, account terms, trading restrictions, and dispute resolution procedures.

2 Documents
36 All provisions 13 High severity 19 Medium severity 4 Low severity
4 Changes · 12 mo
Apr 25, 2026 Last change

High — provisions that significantly limit your legal rights, authorize broad data collection, or create material financial exposure. Medium — provisions worth knowing about but with partial protections or limited scope. Low — standard terms with minimal consumer impact.

Governance Coverage
Privacy Rights
10 provisions · 7 med
Liability Limitation
10 provisions · 6 high · 4 med
Data Collection
7 provisions · 4 high · 3 med
Policy Changes
4 provisions · 1 high · 3 med
Data Sharing
4 provisions · 4 high
Arbitration
4 provisions · 4 high
Platform Discretion
3 provisions · 2 med
Intellectual Property
2 provisions · 2 med
Data Retention
2 provisions · 2 med
Indemnification
2 provisions · 1 high · 1 med
Quick Facts
Arbitration: Mandatory
Data Retention: Specified
Class Action: Waived
Key Governance Provisions
High Third-Party and Affiliate Data Sharing

Data sharing with affiliates and third parties for marketing extends your information beyond the core trading service, potentially making your financial profile and trading behavior visible to a broa…

High Limitation of Liability

If Webull's platform has an outage, technical error, or data problem that causes you to miss a trade or lose money, the agreement asserts that Webull is not responsible for those lost profits or cons…

High Account Suspension and Termination Without Notice

For investors with active positions or pending trades, a sudden account suspension without notice could result in inability to access funds, close positions, or respond to market movements, creating …

High Mandatory Individual Arbitration and Class Action Waiver

This clause means that if Webull makes an error affecting many users, each person must pursue their own separate arbitration claim rather than collectively suing, which makes large-scale accountabili…

High Data Sharing with Affiliates and Subsidiaries

The clause establishes a data-sharing framework that extends Webull's operational scope across corporate entities while maintaining that affiliate use remains governed by the stated privacy policy. T…

Document Coverage
Privacypolicy Termsofservice
Last change detected: Apr 25, 2026 Changes (12 months): 4 Documents monitored: 2 Provisions tracked: 36
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Documents

Webull Privacy Policy

Medium

This document establishes Webull's data collection, use, and sharing practices for users of its trading platform. Webull collects personal information including name, government-issued identification, bank details, trading history, device identifiers, …

Last updated May 5, 2026 · Privacy policy
8 provisions 3 versions captured Version history →

Webull Customer Agreement

High

The Webull Customer Agreement establishes the terms governing use of Webull's trading platform, brokerage accounts, mobile applications, and market data services. The agreement requires parties to resolve disputes through individual …

Last updated May 5, 2026 · Terms of service
8 provisions 3 versions captured Version history →
📈 Policy Drift Analysis View all changes →

High Severity Provisions (7)

View all high severity provisions → Compare Webull with other platforms →

Applicable Regulations

CCPA/CPRA
California, USA
View official text ↗
CFAA
United States Federal
View official text ↗
Connecticut Data Privacy Act Amendments
US-CT
View official text ↗
CAN-SPAM
United States Federal
View official text ↗
EFTA / Reg E
United States Federal
View official text ↗
FCRA
United States Federal
View official text ↗
FAA
United States Federal
View official text ↗
FTC Act Section 5
United States Federal
View official text ↗
GLBA
United States Federal
View official text ↗
Indiana Consumer Data Protection Act
US-IN
View official text ↗
Kentucky Consumer Data Protection Act
US-KY
View official text ↗
Universal Opt-Out Mechanism Expansion 2026
US
View official text ↗

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Frequently Asked Questions

What Webull documents does ConductAtlas track?

ConductAtlas tracks 2 Webull documents including terms of service, privacy policy, and other governance documents. Every document is captured daily with cryptographic verification.

How many policy changes has Webull made in the past year?

Webull has made 4 policy changes in the past 12 months across the documents ConductAtlas tracks.

How many provisions has ConductAtlas classified for Webull?

ConductAtlas has classified 36 provisions across Webull's tracked documents. 13 are rated high severity, 19 medium, and 4 low.

Can I get alerts when Webull changes their policies?

Yes. Monitor subscribers ($19/month) can add Webull to their watchlist and receive same-day email alerts whenever any tracked document changes.