This analysis describes what Webull'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 indemnification clause establishes a mechanism by which users assume financial and legal responsibility for defending Webull against third-party claims connected to their own conduct or service usage, shifting certain litigation costs and liability exposure from the company to individual users.
Users are obligated to cover Webull's legal defense costs and any resulting damages or judgments if claims arise from the user's violation of the terms or their use of the platform, which creates a direct financial obligation extending beyond direct service fees.
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"You agree to defend, indemnify, and hold harmless Webull and its officers, directors, employees, agents, licensors, and service providers from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising out of or relating to your violation of these Terms of Service or your use of the Services.— Excerpt from Webull's Webull Customer Agreement
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The indemnification clause establishes a mechanism by which users assume financial and legal responsibility for defending Webull against third-party claims connected to their own conduct or service usage, shifting certain litigation costs and liability exposure from the company to individual users.
Users are obligated to cover Webull's legal defense costs and any resulting damages or judgments if claims arise from the user's violation of the terms or their use of the platform, which creates a direct financial obligation extending beyond direct service fees.
ConductAtlas has identified this type of provision across 6 platforms. See the full comparison.
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