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DISCLAIMER.md

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Webull OpenAPI CLI Disclaimer

IMPORTANT: Please read this disclaimer carefully before using Webull OpenAPI CLI.

1. General Information

Webull OpenAPI CLI provides information solely for reference purposes. Nothing contained in this tool should be construed as investment advice. Trading and investment activities inherently involve risk, and users should exercise caution and independent judgment when making decisions.

2. No Investment Advice

Webull OpenAPI CLI is a technical command-line tool designed to enable developers, quantitative teams, and AI agents to interact with Webull OpenAPI. It does not provide investment recommendations, financial planning services, tax or legal advice, or any form of guarantee regarding trading outcomes. Users should not rely on this tool as a substitute for professional financial or legal consultation.

3. Risk Warning

Trading in securities, options, cryptocurrencies, and other financial instruments ("Financial Services") involves a high degree of risk and may result in significant losses. Financial Services are provided by Webull affiliates and such services are not suitable for all investors. Users should ensure that any funds allocated to trading are not required for essential living expenses, and users must recognize the possibility of losing the entire investment. Before engaging in trading, users should fully understand the risks associated with each type of investment, carefully evaluate their investment objectives, level of experience, and risk tolerance, and, where appropriate, seek independent professional advice.

4. User Responsibility

By using Webull OpenAPI CLI, users acknowledge and agree that all trading decisions are made at their own discretion and risk. Users remain solely responsible for verifying the accuracy of order details prior to execution, and for understanding the functionality and limitations of automated trading tools. Webull, Webull affiliates, and their directors, officers, and employees do not assume responsibility for users' actions or decisions. Users are responsible for compliance with all applicable laws and regulations, which may include but are not limited to: securities laws, tax reporting requirements, anti-money laundering regulations, market manipulation prohibitions, and any restrictions on automated or algorithmic trading in their jurisdiction. Users are solely responsible for determining whether their use of this tool complies with applicable laws.

5. No Warranty

Webull OpenAPI CLI is provided "as is" without any warranties of any kind, whether express or implied. Webull and Webull affiliates and their directors, officers, and employees disclaim all liability for damages or losses arising from the use of this tool, including but not limited to direct, indirect, incidental, or consequential damages.

6. Security Notice

Webull OpenAPI CLI is capable of placing real trades and accessing portfolio information. Users must treat their API keys as highly sensitive credentials and safeguard them against unauthorized access. All order submissions should be reviewed carefully by the user, particularly when using automated scripts, CI/CD pipelines, or AI agent integrations. While Webull implements reasonable technical and organizational measures to protect system integrity, no system can be guaranteed to be completely secure. Users are responsible for maintaining appropriate security practices on their own devices, including the use of updated operating systems, secure passwords, and reliable network connections. By using Webull OpenAPI CLI, users acknowledge that they assume the risks associated with data transmission over the internet and agree to take necessary precautions to protect their accounts and personal information. Webull shall not be liable for any unauthorized access to user accounts resulting from user's failure to maintain adequate security measures, sharing of API credentials, or use of unsecured networks or devices. Users who integrate third-party tools, AI agents, or automation platforms assume all risks associated with such integrations. Users are advised that API activity logs and trading data may be retained in accordance with Webull's Privacy Policy and applicable legal requirements.

7. Applicable Laws and Regulations

This disclaimer is intended to comply with applicable laws and regulations in any jurisdiction where the service is offered. In case of any inconsistency, the governing law and regulatory requirements of the relevant jurisdiction shall prevail.

8. Acceptance of Terms

By downloading, installing, or using Webull OpenAPI CLI, you acknowledge that you have read, understood, and agree to be bound by this Disclaimer. If you do not agree, you must immediately cease use of the tool and uninstall it.

9. Changes to This Disclaimer

Webull reserves the right to modify, update, or discontinue Webull OpenAPI CLI and this Disclaimer at any time without prior notice. Continued use of the tool after such modifications constitutes acceptance of the revised Disclaimer. Users are responsible for regularly reviewing this Disclaimer for updates.