SIPC and FDIC Insurance

How is my money protected at Webull?

Webull is a member of the Securities Investor Protection Corporation (SIPC), which provides coverage for customers of member brokerages if the firm fails financially. SIPC protects against the loss of securities and cash in brokerage accounts up to $500,000 per account, including a $250,000 limit for cash.

SIPC coverage applies to:

• Stocks
• Bonds
• Mutual Funds
• Money Market Funds
• Treasury securities
• Certificates of deposit

SIPC coverage does not apply to:

• Commodities
• Currencies
• Contracts
• Futures and options on futures
• Investment vehicles not registered with the SEC (e.g., limited partnerships)

SIPC does not protect against declines in market value. For more information or to request a SIPC brochure, visit www.sipc.org or call (202) 371-8300.

Does Webull provide additional SIPC protection?

Yes. Webull maintains excess SIPC insurance through Lloyd’s of London, offering. The coverage applies to the same investment types as the standard SIPC coverage, but with different account limits:

• An aggregate limit of $100,000,000.
• A cash sublimit per account of $1,900,000.
• No per-account limit for securities positions.

How is SIPC protection applied across account types?

SIPC protection is determined by account registration type, with coverage applying separately to each eligible category:

• Individual account: Up to $500,000 (includes $250,000 for cash). Cash and margin accounts held under the same individual registration are combined and treated as a single account for SIPC coverage purposes.
• Joint account: Each owner gets up to $500,000 separately.
• Entity account (e.g., corporate): Up to $500,000.
• Traditional IRA / Roth IRA / Rollover IRA: Each IRA type receives separate coverage up to $500,000.

What is Webull's Cash Management program and how does FDIC insurance apply?

Through the Cash Management program, uninvested cash is swept into a network of partner banks and covered by FDIC insurance up to $5,000,000, with coverage limited to $250,000 per bank, including other deposits you may hold at that same bank in the same ownership capacity. If you are not enrolled in the Cash Management program, your cash is protected under SIPC coverage only.

Who can I contact for more information?

If you have questions, please contact Webull through the in-app Help Center or call +1 (888) 828-0618, Monday through Friday, 8:00 AM to 5:00 PM ET.

For full terms and details, please refer to the Webull Financial Cash Management Program Terms.