Webull

Webull is controlled by its PRC-citizen founder (79.2% of voting power) through a Cayman Islands holding company, and its dispute-resolution language is genuinely vaguer than every other brokerage in this tracker — it simply says disputes go to arbitration or 'local courts in the jurisdiction where Webull is registered,' without clearly naming an arbitration provider, specifying a class-action waiver, or laying out an opt-out process the way every US-regulated peer in this tab does. You may not actually know which country's legal system your dispute would even fall under.

• Severity
• Evidence tierUnassigned
• Claims confirmed
• Last verified2026-08-04

Primary source. None recorded — Unverified - heuristic first draft.

Arbitration

Notably VAGUE/WEAK arbitration language compared to every other brokerage in this audit: 'both parties agree to settle the dispute through friendly negotiation or arbitration... either party may initiate a lawsuit through local courts in the jurisdiction where Webull is registered' — this is far less specific than the detailed FINRA-style predispute arbitration clauses at Fidelity/Schwab/Ally/etc., and doesn't clearly specify a class-action waiver, arbitration provider, or opt-out process the way US-regulated peers do.

Data sharing

OWNERSHIP FLAG: Webull's parent, Webull Corporation, is a Cayman Islands holding company listed on Nasdaq (BULL) since April 2025 and headquartered in St. Petersburg, FL; it is a 'controlled company' whose founder and CEO, Anquan Wang (a PRC citizen), held 79.2% of voting power as of Mar 31 2026. Its China-based origin entity, Hunan Fumi Information Technology, ceased any affiliation when VIE arrangements were terminated in Aug 2022 — a foreign-control structure worth flagging given the same national-security/data-security concerns already noted elsewhere in this audit regarding China-linked connected-vehicle technology; broker-dealer/financial services are actually provided by a separate US affiliate under additional privacy guidelines layered on top of the general Webull Privacy Policy — a two-tier structure customers should understand.

Contacts

Privacy contact. Not recorded.

Legal notice. Not verified this pass. If publicly traded: SEC Form 10-K cover page gives the official corporate address; the Secretary of State business-entity search in the state of incorporation gives the registered agent, which must accept service. If private: the state registered agent is usually the only reliable route.

Mailing address. Not recorded.