SIPC and FDIC Insurance

Webull Financial provides both FDIC and SIPC coverage. The following will explain what each type of insurance covers, their limits, and the account arrangements to which they apply, including Omnibus and Apex Clearing. To check if your account is under an Apex Clearing arrangement or Webull Omnibus arrangement, please click here or visit the in-app Help Center after logging in and tap Menu ➝ Account Conversion Status.

Webull Omnibus

Webull Financial is a member of SIPC, which protects securities customers of its members up to $500,000 (up to $250,000 for cash claims). In addition, Webull carries an excess SIPC policy with certain underwriters at Lloyd's of London, subject to an aggregate limit of $100,000,000, with a cash sublimit per account of $1,900,000. Securities positions are not subject to any per account sublimit. Futures and options on futures are not covered. For additional information regarding SIPC, including obtaining a copy of a SIPC brochure, please contact SIPC at (202) 371-8300 or visit the SIPC website at www.sipc.org. SIPC coverage does not cover fluctuations in the market value of your investments.

Cash Management

Cash Management is a program exclusive to Webull Omnibus accounts. Cash in the Webull Cash Management program is FDIC insured up to $1,750,000 through our partner banks. That’s up to $250,000 per program bank, inclusive of deposits you may already hold at the bank in the same ownership capacity. Our program banks include:

• Webster Bank
• Keystone Bank
• Legacy Bank & Trust
• Preferred Bank
• Dayspring Bank
• Third Coast Bank
• NexBank
• Banc of California

Webull may change the network of program banks at any time. If a change is made, you will be informed ahead of time.

Note, if you have an account held under a Webull Omnibus arrangement and are not enrolled in Webull Cash Management, your cash balance would fall under SIPC coverage. You can learn more at www.sipc.org.

If you have any questions or want to exclude a specific bank from your sweep options, please contact us via the in-app Help Center or by calling +1 (888) 828-0618. We are available Monday through Friday, 9AM to 4:15PM EST. Keep in mind, if you have accounts with a program bank outside of the sweep program, the cash in those accounts will be combined and the total is subject to the FDIC limit of $250,000. Review the Webull Financial Cash Management Program Terms for more information.

Apex Clearing

If your account is under an Apex Clearing arrangement, Apex has purchased an additional insurance policy. The coverage limits provide protection for securities and cash up to an aggregate of $150,000,000, subject to maximum limits of $37,500,000 for any one customer’s securities and $900,000 for any one customer’s cash. Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities. To learn more, please visit sipc.org.