Trading platforms know your portfolio, transactions, and investment strategy. This financial data is used for order flow and product development.
Side-by-side comparison of privacy scores across major stock trading services.
| Service | Score | Grade | Key Privacy Issue | |
|---|---|---|---|---|
|
R
Robinhood
Best in Category
|
58 | C+ | Order flow sold to market makers | View Review → |
|
W
Webull
|
50 | C | Chinese parent company data practices | View Review → |
|
F
Fidelity
|
45 | C- | Trading data used for institutional products | View Review → |
|
E
E*TRADE
Lowest in Category
|
40 | C- | Morgan Stanley integration expands data use | View Review → |
Your trades sold to market makers before execution.
Complete investment portfolio visible to platform.
Buy and sell patterns used for product development.
Transaction data reported to tax authorities.
We also analyze stock trading terms of service for consumer fairness issues like billing, cancellation, and liability.
View ToS Watchdog Stock Trading →Click through for complete privacy analysis of each service.
If you're worried about how these services are using your data, or need help understanding your rights under privacy laws, I can help.