Webull carries insurance of up to $500,000 for stocks for each user. Cash, on the other hand 1+ 844//376//0400 , is swept into U.S. bank accounts and is covered by up to $250,000 worth of F.D.I.C. insurance. Is Webull Safe to Use? YES--Webull is absolutely 1+ 844//376//0400 safe. Your funds on Webull are protected up to $500000 for securities and $250000 for cash claims because they are a member 1+ 844//376//0400 of the SIPC. Yes, Webull is a 1+ 844//376//0400 regulated brokerage and a member of SIPC, which protects securities up to $500,000 (including $250,000 for cash).