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, subject to maximum limits of $37.5 million for any one customer’s securities and $900,000 for any one customer’s cash. 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.