Webull · Webull Customer Agreement · View original document ↗

Investment Risk Disclaimer

Medium severity Unique · 0 of 343 platforms
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Document Record

What it is

Webull explicitly states that investing in securities involves significant risk of loss and that past performance does not guarantee future results — and takes no responsibility for your investment decisions.

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

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

The disclaimer establishes the operational scope of Webull's service delivery by excluding advisory functions and positioning investment suitability determinations as a user responsibility rather than a service component provided by Webull.

Clause Stability Stable

0
Changes
3
Months Monitored
Apr 3, 2026
First Seen
Apr 17, 2026
Last Seen
This clause type exists across 912 other provisions on other platforms.

Consumer impact (what this means for users)

Users who suffer investment losses cannot hold Webull responsible for providing unsuitable recommendations, as the platform disclaims any advisory role and places all investment decision responsibility on the user.

How other platforms handle this

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We have implemented appropriate technical and organizational security measures designed to protect the security of any Personal Information we process. However, despite our safeguards and efforts to secure your information, no electronic transmission over the Internet or information storage technolo...

Grammarly Medium

THE SERVICES ARE PROVIDED 'AS IS' AND 'AS AVAILABLE' WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT. GRAMMARLY DOES NOT WARRANT THAT THE SERVICES WILL BE UN...

Replit Medium

THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. REPLIT DOES NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED...

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▸ View Original Clause Language DOCUMENT RECORD
"
Webull data is not intended to provide financial, legal, tax or investment advice or recommendations. You are solely responsible for determining whether any investment, investment strategy or related transaction is appropriate for you based on your personal investment objectives, financial circumstances, and risk tolerance.

— Excerpt from Webull's Webull Customer Agreement

ConductAtlas Analysis

Institutional analysis (Compliance & governance intelligence)

The investment risk disclaimer aligns with SEC and FINRA suitability disclosure requirements for self-directed brokerage platforms; however, compliance teams should assess whether any platform features that suggest trades or provide recommendations trigger additional regulatory obligations under Regulation Best Interest.

Full compliance analysis

Regulatory citations, enforcement risk, and due diligence action items.

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Applicable agencies

  • Securities And Exchange Commission (sec)
    Regulates securities markets and investment platforms. Can investigate broker-dealers, investment advisers, and trading platforms for violations of securities laws.
    Who can file: Anyone with knowledge of a possible securities law violation
    What you need: Description of the potential violation, names of individuals or companies involved, relevant dates, and any supporting documents or evidence
    What to expect: Tips are reviewed by SEC staff. The SEC may open an investigation but is not required to take action on every tip. Whistleblowers may be eligible for financial awards if the tip leads to enforcement.
    File a complaint →

Applicable regulations

FTC Act Section 5
United States Federal

Provision details

Document information
Document
Webull Customer Agreement
Entity
Webull
Document last updated
May 5, 2026
Tracking information
First tracked
March 8, 2026
Last verified
March 9, 2026
Record ID
CA-P-000489
Document ID
CA-D-00056
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
f93d94c53fb53dc5069546969dc724fd7f2c7bdd1b8b7505450f405c5b0344a0
Analysis generated
March 8, 2026 14:56 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Webull
Document: Webull Customer Agreement
Record ID: CA-P-000489
Captured: 2026-03-08 14:56:15 UTC
SHA-256: f93d94c53fb53dc5…
URL: https://conductatlas.com/platform/webull/webull-customer-agreement/investment-risk-disclaimer/
Accessed: June 10, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
Medium
Categories

Other risks in this policy

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Frequently Asked Questions

What does Webull's Investment Risk Disclaimer clause do?

The disclaimer establishes the operational scope of Webull's service delivery by excluding advisory functions and positioning investment suitability determinations as a user responsibility rather than a service component provided by Webull.

How does this clause affect you?

Users who suffer investment losses cannot hold Webull responsible for providing unsuitable recommendations, as the platform disclaims any advisory role and places all investment decision responsibility on the user.

Is ConductAtlas affiliated with Webull?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Webull.