Category
About Us
Account
Deposit & Withdrawal
Trading in AU Market
Trading in US Markets
  • Basic
  • Order
  • Withholding Tax
  • Corporate Actions
  • Advanced Order Types
  • Share Transfers
Fractional Shares
Options US Markets
Hong Kong and China A-Shares
US Overnight / 24H Trading
Margin Lending
Smart Portfolio
Cash Management Service
Desktop
Auto Investing
Fees & Charges
Promotion
Market Data & Analysis
P&L
Others

How does Webull handle my US securities?

Webull Australia legally owns, on your behalf, any US securities you hold via our platform where you as a client have 100% beneficial ownership


Apex Clearing Corporation (Apex) is our appointed partner holding your U.S. securities on our behalf in the United States. Apex is registered with the SEC, a member of FINRA and a participant in SIPC.


Apex has purchased an additional insurance policy. The coverage limits provide protection for securities and cash up to an aggregate of $150 million. Don't get us wrong, this additional insurance does not protect against a loss in the market value of securities.


Apex is fully compliant with the customer segregation requirements. In the unlikely event of insolvency, your assets are not available to general creditors and are protected against creditors’ claims.


Please see Safety of Customer Assets at Apex Clearing Corporation document.


For more information about SIPC and protections please refer to SIPC - Investor FAQs and SIPC - List of Members

Was this helpful?
Yes
No
Related Articles