Webull collects a wide range of personal and financial information when you sign up and use the platform, including your Social Security number, bank account details, and government ID.
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 collection of Social Security numbers, government IDs, and financial account details creates significant privacy and security exposure if that data is mishandled, breached, or shared beyond necessary operational purposes.
Removal of explicit enumeration of collected data types (SSN, financial accounts, etc.) makes data collection scope less transparent to users despite likely continued collection.
View full change record →This new provision explicitly enumerates sensitive identifiers including SSN and government-issued IDs, making clear the scope of financial and identity data collection to users.
View full change record →Your most sensitive personal and financial identifiers are collected and held by Webull, meaning a data breach or unauthorized sharing could expose you to identity theft or financial fraud. The policy authorizes use of this data across a range of purposes, not solely account verification.
How other platforms handle this
to request that your data be transferred to a third party (data portability)
Your organization may allow you to access and export your data in order to back it up or transfer it to a service outside of Google.
To stop us collecting your location information, you can update your device settings, stop using the Service, or uninstall our mobile apps.
"We collect information you provide directly to us, such as when you create an account, make a transaction, or contact us for support. This information may include your name, email address, postal address, phone number, date of birth, Social Security number or other government-issued identification number, financial account information, and other information you choose to provide.Excerpt from Webull's Privacy Policy
(1) REGULATORY LANDSCAPE: Collection and storage of Social Security numbers and financial account data by a broker-dealer engages Regulation S-P, which requires broker-dealers registered with the SEC to establish policies for protecting the security and …
Enforcement risk, jurisdiction flags, contract triggers, and due diligence action items.
Ad personalization controls removed. Contact scanning added. Advertiser data partnerships quietly dropped. A timeline of every change.
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The collection of Social Security numbers, government IDs, and financial account details creates significant privacy and security exposure if that data is mishandled, breached, or shared beyond necessary operational purposes.
Your most sensitive personal and financial identifiers are collected and held by Webull, meaning a data breach or unauthorized sharing could expose you to identity theft or financial fraud. The policy authorizes use of this data across a range of purposes, not solely account verification.
ConductAtlas has identified this type of provision across 290 platforms. See the full comparison.
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