8 Total
1 High severity
5 Medium severity
2 Low severity
Summary

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, and in-app browsing behavior. The policy authorizes Webull to share collected data with affiliates, business partners, and third-party service providers for purposes including marketing, analytics, and account operations, and establishes procedures for users in California and other jurisdictions with privacy laws to request access to, deletion of, or limitation on use of their personal data.

Technical / Legal Breakdown

This document is Webull Technologies Limited's privacy policy, governing the collection, use, storage, and sharing of personal data for users of the Webull trading platform, with its stated legal basis appearing to rest on user consent and legitimate business operations across multiple jurisdictions. The policy states that Webull collects a broad range of personal information including identity data, financial data, device identifiers, location information, trading activity, and behavioral data derived from platform use, and the terms authorize sharing this information with affiliates, service providers, financial institutions, regulators, and third-party business partners. Notably, the policy asserts the right to share personal data with a wide range of third parties for purposes including marketing and analytics, and the document's scope of data collection across device-level identifiers, behavioral tracking, and financial activity is extensive for a retail investment platform, though applicable law in relevant jurisdictions may constrain certain asserted sharing practices. The policy engages CCPA and other U.S. state privacy frameworks given its explicit California resident rights section, and as a financial services platform it operates within a regulatory environment that includes FINRA, SEC, and CFPB oversight; the policy's treatment of data sharing with affiliates and third parties may require evaluation under Regulation S-P and applicable state financial privacy statutes. Compliance teams should note that the document's cross-border data transfer provisions and the broad affiliate-sharing structure create material obligations under any jurisdiction requiring data transfer safeguards or financial data confidentiality protections.

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2 important changes detected

3 versions captured · Last updated: April 2026

What changed Webull updated its privacy policy to clarify that it now offers futures and cleared swaps trading through its Webull Futures LLC subsidiary, and updated risk disclosures to reflect this expanded product offering. The changes rename the specific entity offering these products and extend existing risk warnings to cover cleared swaps in addition to futures contracts.
Why this matters These changes clarify which Webull subsidiary handles futures and cleared swaps trading and ensure risk disclosures explicitly mention cleared swaps alongside futures contracts. The practical impact is minimal for most users, as the risk profile and disclosure requirements remain substantively the same; the change appears primarily organizational and clarificatory.
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What changed Webull updated a navigation element in their privacy policy header on April 18, 2026, adding the word 'WEBTRADE' to the trading platform menu. This is a product branding or menu reorganization change with no substantive impact on privacy rights, data handling, or consumer obligations.
Why this matters This change is a formatting or navigation update with no material impact on consumer privacy rights, data practices, or obligations. The addition of 'WEBTRADE' branding to the menu does not modify how Webull collects, uses, or protects user data.
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High — 1 provision
Medium — 5 provisions
Low — 2 provisions

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Cross-platform context

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Mapped Governance Frameworks

CCPA/CPRA
California, USA
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Connecticut Data Privacy Act Amendments
US-CT
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CAN-SPAM
United States Federal
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FCRA
United States Federal
View official text ↗
FTC Act Section 5
United States Federal
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GLBA
United States Federal
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Indiana Consumer Data Protection Act
US-IN
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Kentucky Consumer Data Protection Act
US-KY
View official text ↗
Universal Opt-Out Mechanism Expansion 2026
US
View official text ↗
Archival ProvenanceSource & Archival Record
Last Captured April 25, 2026 06:05 UTC
Capture Method Automated scheduled archival capture
Document ID CA-D-000057
Version ID CA-V-001966
SHA-256 89db5a17523268f3d439b4c261b62b4651503327d2d1d69afb2852815bb010ec
✓ Snapshot stored ✓ Text extracted ✓ Change verified ✓ Hash verified

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