BullCFDs Broker Review
- BullCFDs is an online provider of Forex and CFD trading without a license.
- To start trading, BullCFDs requires a minimum deposit of $250.
- CFD trading is available on commodities, indices, and shares but not on cryptos.
BullCFDs Broker Review – BullCFDs.com Is an Unlicensed Scam Broker
The first thing that stands out is that BullCFDs is an offshore and unregulated broker. As such, we do not believe it can offer you any financial services worth your money. Nevertheless, here is some supporting evidence.
Also,if you want to ensure everything is correct, we recommend you read our BullCFDs review.
Before continuing, we recommend that you read our broker reviews for T4Trade, NAB Crypto, and Lexington Plus. This will save you money, calm you down, and save time!
- Scam Broker Status: Offshore
- Regulation: Unlicensed Forex Provider / No Regulation
- Websites of scammers: bullcfds.com
- Forex Trading Scam: Active
- Scam listed by: N/A
- Owner of the broker: Horizon Targets Solutions LLC
- Country of headquarters: Saint Vincent and the Grenadines
- Year of foundation: 2021
- Platforms for online trading: WebTrader
- Trading on the go: Available
- Deposit minimum: $250
- Bonus: None
- Trading Crypto Assets: Not available
- Trading CFDs is possible: Yes, you can trade CFDs FDs
- Instruments available for trading: FX, commodities, indices, shares
- Leverage maximum: N/A
- Islam Account: Not available
- Demo Accounts are free: Yes
- US traders are welcome: US traders are welcome.
- Fraud Protection Team: Avoid this Scam Broker!
Is BullCFDs a Regulated Forex Provider?
Founded in Saint Vincent and the Grenadines, Horizon Targets Solutions LLC owns BullCFDs Forex broker. The Caribbean island does not have an official financial regulator for Forex or binary options firms, so what does this mean for BullCFDs?
Even though most offshore countries have regulators, they belong to Tier3 – they’re relatively loose. As opposed to Tier1 regulators like FCA, ASIC, and BaFin, Tier1 regulators ensure that investment firms follow specific rules and limit risk. Brokers must obtain a license in their country of operation following the directives of the FSA SVG. It is, therefore, necessary to license BullCFDs at Tier1.
According to our research, this firm operates without a license, meaning it follows no rules other than its own.
Where Do BullCFDs Scam Victims Live?
Our research has shown that most victims of BullCFDs trading scams come from:
- Australia
- UK
- Cyprus
- Netherlands
- Malaysia
Besides the above, we invite you to read our scam broker reviews for Global Profit, Skyshell Trading, and AnyTrades.
What can victims of the BullCFDs scam do? – Start the chargeback process
We have seen numerous BullCFDs scam victims at Global Fraud Protection. So, please let us know if you you know has been involved with this fraudulent investment firm. Our chargeback specialists can assist you if you have a dispute or need help getting your money back.
Don’t give up if you have been a Forex or crypto fraud victim. To get what is rightfully yours, you must fight back. Book a free consultation with us via online chat before it’s too late, and let’s begin the process.
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Online Trading Complaint Form
1. What is BullCFD, and should I invest in it?
BullCFDs is an online provider of Forex and CFD trading without a license. Also, It is an offshore firm with a negative reputation. We can assist you with refunds if you have been scammed or cannot withdraw.
2. What Is the BullCFDs Minimum Deposit?
To start trading, BullCFDs requires a minimum deposit of $250.
3. Can I Trade Crypto and CFDs with BullCFD Broker?
CFD trading is available on commodities, indices, and shares but not on cryptos.
4. Do BullCFDs Give a Deposit Bonus When Opening an Account?
If BullCFDs offers any bonuses or incentives, check their Terms and Conditions.
