59 Total
27 High severity
24 Medium severity
8 Low severity

Key Facts

What does Webull treat continued use of the Products as?
Webull treats continued use of the Products as evidence of the user's agreement to modified Terms.
When does Webull permit disclosure of user information?
Webull permits disclosure of user information in other situations in which Webull determines such disclosure is necessary.
How must any controversy or dispute arising from the Products be resolved?
Webull requires that any controversy or dispute arising from the Products or provision of service be finally resolved by appropriate legal means in accordance with local laws and regulations.
What must both parties attempt before either party may initiate a lawsuit?
Webull requires both parties to attempt to settle a dispute through friendly negotiation or arbitration before either party may initiate a lawsuit through local courts.
When may Webull terminate a registered account in its sole discretion?
Webull, in its sole discretion, can terminate a registered account if a user provides, transfers, or sells their account to any third party for use.
Who must bear all liability for actions taken on or using their account?
Webull requires users to bear all liability for actions taken on or using their account.
What must users pay as a result of using the Products beyond the scope of what is permitted?
Webull requires users to pay any litigation costs, including reasonable attorneys' fees, incurred as a result of using the Products beyond the scope of what is permitted, including damages arising from a breach of the Terms.
What is Webull data not intended to provide?
Webull requires users to be solely responsible for determining whether any investment is appropriate for them, as Webull data is not intended to provide financial, legal, tax, or investment advice or recommendations.
What intellectual property rights does Webull hold the exclusive proprietary rights to?
Webull holds the exclusive proprietary rights to all intellectual property rights associated with the Products, including trademarks, patents, copyrights, trade secrets, and proprietary technology.
What does Webull reserve the right to do at any time and in its absolute discretion?
Webull reserves the right to reclaim the account and temporarily or permanently suspend the account at any time and in its absolute discretion.
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Summary

This agreement governs your use of Webull's Products and gives Webull broad power to change its rules, suspend services, or close your account at any time without prior notice or explanation. You are personally responsible for all activity on your account and for determining whether any investment is right for you, since Webull does not provide financial advice. If you violate the Terms, you may owe Webull's litigation costs and attorneys' fees.

Analysis

The Webull Customer Agreement establishes the terms under which users access Webull's Products, granting Webull broad unilateral authority to modify those Terms at any time without advance notice, with continued use constituting agreement to any modifications. Webull retains exclusive proprietary rights over all intellectual property associated with the Products and reserves absolute discretion to suspend Products, reclaim accounts, or terminate accounts — including where a user transfers or sells their account to a third party. Users bear full liability for all account activity, are solely responsible for assessing investment suitability, and are required to indemnify Webull for litigation costs and damages arising from use beyond permitted scope or breach of the Terms. Dispute resolution requires prior negotiation or arbitration before either party may initiate court proceedings, with the applicable framework determined by local laws and regulations.

What this means for you

As a Webull user, you are bound by any changes to the Terms the moment you continue using the Products, with no right to advance notice of those changes. Webull can suspend or permanently close your account at its absolute discretion, and you carry full liability for everything done through your account. You are solely responsible for evaluating whether any investment is appropriate for you, as Webull's data is not intended as financial, legal, tax, or investment advice. Before you can bring a lawsuit against Webull in local courts, you are required to first attempt to resolve the dispute through negotiation or arbitration.

Institutional Analysis
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Which mapped governance frameworks each document engages, tied to the specific provisions that engage them.

11 important changes detected

13 versions captured · Last updated: August 2026

What changed Webull restructured its website footer and navigation menu on August 30, 2026. The navigation added references to 'Webull Courses' and 'Market Insight' while reorganizing footer links. These appear to be updates to website navigation and presentation only; no changes to substantive terms, conditions, rights, obligations, or service provisions were detected.
Why this matters This change reflects updates to Webull's website navigation and footer structure only. The addition of 'Webull Courses' and 'Market Insight' links appears designed to improve discoverability of educational and market information resources. No changes to service terms, privacy policies, trading rules, fees, data handling, or user rights were made.
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What changed In an update detected on August 23, 2026, Webull added 'Mutual Funds' to the list of products and services offered on its platform in the header navigation of its Terms of Service. This is a product offering addition with no changes to the substantive terms, conditions, or consumer obligations described in the agreement itself.
Why this matters Webull has added Mutual Funds to its list of available investment products displayed in its Terms of Service header. This change reflects a product expansion and does not modify consumer rights, obligations, fees, or the substantive terms governing account use or dispute resolution.
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August 14, 2026 low

In an update detected on August 14, 2026, Webull modified navigation and menu structure in its Terms of Service document. The change removed references to certain institutional product categories and …

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August 9, 2026 low

In an update detected on August 9, 2026, Webull modified its Terms of Service navigation and footer structure. The changes appear to be primarily formatting and organizational, adding references to …

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August 2, 2026 low

Webull reorganized the navigation structure and footer layout of its Terms of Service web page, detected on August 2, 2026. The change involved reordering product menu items, restructuring footer sections, …

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July 21, 2026 low

Webull removed several institutional and developer-focused sections from the header navigation area of their Terms of Service, including references to 'Institutions', 'Introducing Brokers', 'Hedge Funds', 'Proprietary Trading', 'Wealth Platforms', 'Broker …

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July 19, 2026 low

Webull's Terms of Service navigation menu was updated in an update detected on July 19, 2026 to include 'Mutual Funds' as a distinct product offering in the investing section. The …

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July 12, 2026 low

Webull's website navigation and menu structure was reorganized on July 12, 2026. The updated page removes references to 'Webtrade Agentic AI' from the main consumer navigation and reorganizes product listings, …

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June 19, 2026 low

Webull updated its website navigation and product labeling on June 19, 2026, adding references to 'Agentic AI' and 'OpenAPI' in the platform menu while removing 'LIVE' from the quotes section. …

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April 25, 2026 low

Webull updated its Customer Agreement to clarify that futures and cleared swaps trading is now offered through Webull Futures LLC instead of Webull Financial LLC. The agreement now explicitly mentions …

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April 18, 2026 low

Webull's Terms of Service navigation menu now includes a 'WEBTRADE' label alongside its existing 'PREMIUM TRADING & INVESTING' section. This appears to be a menu or branding update to the …

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Featured, High severity

Complete Provision Index

Every distinct legal provision identified in this document. Featured provisions appear above with analysis.

59 provisions
12 featured
17 clause types
27 high severity
Enforcement Actions 1 1 high
Disclosure and Transparency Requirements 1
Export Controls & Sanctions 1
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Mapped Governance Frameworks

CFAA
United States Federal
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FAA
United States Federal
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FTC Act Section 5
United States Federal
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Archival ProvenanceSource & Archival Record
Last Captured September 11, 2026 00:10 UTC
Capture Method Automated scheduled archival capture
Document ID CA-D-000056
Version ID CA-V-006611
SHA-256 (extracted text, extractor v2) c69ed38ade2cf9dac6e66158b224c963c70e0ffa4b6327c2832e6bb349b17f0e
Archived bytes SHA-256 (anchor) 4e7ffa62988a5f4134cbde9fb10f840c778fb6c90acc0c715fea03308fcee212
✓ Snapshot stored ✓ Text extracted ✓ Change verified ✓ Hash verified

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