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Bullexo

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Operating status: SCAM

Website: https://bullexo.net/; https://trade.bullexo.net/#/; https://bullexo.com/

Broker violations and abnormal records
  • 2023-07-03 The UK FCA issued a warning against Bullexo

    On July 4, 2023, the Financial Conduct Authority (FCA) issued a warning against Bullexo, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/bullexo

    On July 4, 2023, the Financial Conduct Authority (FCA) issued a warning against Bullexo, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/bullexo
  • 2023-07-04 BrokersView has reviewed that Bullexo is an unregulated broker

    Bullexo claims to be incorporated in St. Vincent and the Grenadines. However, our search for the company in the registry of the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) didn't yield any results. This is a red flag.

    Additionally, the Financial Conduct Authority (FCA) issued a warning against Bullexo, believing this broker might be providing financial services or products without proper authorization.

    In essence, Bullexo is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Bullexo claims to be incorporated in St. Vincent and the Grenadines. However, our search for the company in the registry of the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) didn't yield any results. This is a red flag.Additionally, the Financial Conduct Authority (FCA) issued a warning against Bullexo, believing this broker might be providing financial services or products without proper authorization.In essence, Bullexo is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

Does Bullexo have license?

RayKozak
Guyana
2023-08-18
ANSWER Bullexo has no licenses to offer trading services.Bullexo claims to be incorporated in St. Vincent and the Grenadines. However, our search for the company in the registry of the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) didn't yield any results. This is a red flag.Additionally, the Financial Conduct Authority (FCA) issued a warning against Bullexo, believing this broker might be providing financial services or products without proper authorization.As such, Bullexo is an unlicensed broker warned by the FCA. Due to its fraudulent nature, we strongly suggest investors steer clear of this platform, or the money and personal information are exposed to fraud or theft. To mitigate such risks, a fully regulated broker could be better.
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