If Webull causes you harm — such as a trading error, system outage, or data breach — the maximum amount you can recover from them is what you paid Webull in the three months before your claim, which for many users will be very little or zero.
If a Webull platform outage, system error, or security breach causes you financial loss during trading, your maximum legal recovery from Webull is capped at the fees you paid in the prior three months — which may be zero for users on the free tier, leaving you with no meaningful financial recourse for potentially significant losses.
Cross-platform context
See how other platforms handle Limitation of Liability — Three-Month Cap and similar clauses.
Compare across platforms →For a financial trading platform where users may suffer significant investment losses due to platform errors, limiting Webull's liability to three months of fees — potentially zero for free accounts — means users bear virtually all financial risk.
REGULATORY FRAMEWORK: Limitation of liability clauses in financial services contracts are subject to scrutiny under SEC Regulation Best Interest (17 CFR 240.15l-1), FINRA Rule 2010, and state consumer protection statutes. Courts in several jurisdictions have found liability caps unconscionable where they leave consumers with no meaningful remedy for significant harm. The FTC Act Section 5 applies where the cap is buried or not prominently disclosed. California Civil Code §1668 voids contracts that exempt parties from willful injury or violation of law.
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