The breadth of data collected — spanning identity, finances, and behavior — creates significant privacy exposure and potential risk if data is breached or misused.
Consumer impact
Webull collects a wide range of personal and financial data from users, which may be shared with affiliated companies, third-party service providers, advertisers, and government regulators. This broad data sharing — including for targeted advertising purposes — means your financial behavior and personal information could be used in ways beyond basic service delivery. You can opt out of certain data sharing for advertising or request deletion of your personal data by contacting Webull's privacy team or using the in-app settings where available.
Applicable agencies
Federal Trade Commission (ftc)
Oversees unfair or deceptive business practices and can investigate companies that mislead consumers about data collection, sharing, or use.
Who can file: Anyone affected by the company's practices (US or international)
What you need: Your account details, a timeline of relevant events, and a description of the specific issue
What to expect: Complaints inform FTC enforcement priorities and investigations but do not result in individual resolution or compensation
Regulates consumer financial products and services. Can investigate companies for unfair, deceptive, or abusive financial practices including improper fees, billing errors, and data misuse.
Who can file: Anyone who has used a consumer financial product or service in the US
What you need: Account number or details, dates of transactions or events, description of the issue, and any supporting documents
What to expect: The company must respond within 15 days. The CFPB forwards your complaint and may use it in enforcement actions. Individual compensation is possible in some cases.