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FXBULLS

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Operating status: SCAM

Website: https://www.fxbulls.com/

Broker violations and abnormal records
  • 2022-03-02 BrokersView has reviewed that FXBULLS is an unregulated forex broker

    FXBULLS claims it is a reliable trading platform for different kinds of traders and displays multiple regulatory information on the website, including:

    1) the Financial Service Agency (FSA);

    2) the Financial Conduct Authority (FCA);

    3) the Cyprus Securities and Exchange Commission (CySEC);

    4) the Financial Sector Conduct Authority (FSCA);

    5) the Dubai Financial Services Authority (DFSA).

    However, searching on the above watchdogs' registry, we do not find any match results to FXBULLS or the license number the broker claims. Therefore, all regulatory info on the website is false propaganda for unsuspecting traders.

    What's more, we noticed the firm is located in Hong Kong. But we did not find any match results to FXBULLS in the Hong Kong Securities And Futures Commission (HK SFC). So FXBULLS is actually not regulated by any regulators. That means investors' money in this broker is unsafe and cannot be protected by any law. It is a scam.

    FXBULLS claims it is a reliable trading platform for different kinds of traders and displays multiple regulatory information on the website, including:1) the Financial Service Agency (FSA);2) the Financial Conduct Authority (FCA);3) the Cyprus Securities and Exchange Commission (CySEC);4) the Financial Sector Conduct Authority (FSCA);5) the Dubai Financial Services Authority (DFSA).However, searching on the above watchdogs' registry, we do not find any match results to FXBULLS or the license number the broker claims. Therefore, all regulatory info on the website is false propaganda for unsuspecting traders.What's more, we noticed the firm is located in Hong Kong. But we did not find any match results to FXBULLS in the Hong Kong Securities And Futures Commission (HK SFC). So FXBULLS is actually not regulated by any regulators. That means investors' money in this broker is unsafe and cannot be protected by any law. It is a scam.

Related Complaints

Q&A

Can I trust FXBULLS? Someone I met on FB told me she earned much money on FXBULLS.

mahed majed
Estonia
2022-08-18
ANSWER FXBULLS is not a licensed or regulated broker even though it states offers that look good to be true. FXBULLS claims to be a reliable trading platform for different kinds of traders and displays multiple regulatory information on the website, including:1) the Financial Service Agency (FSA);2) the Financial Conduct Authority (FCA);3) the Cyprus Securities and Exchange Commission (CySEC);4) the Financial Sector Conduct Authority (FSCA);5) the Dubai Financial Services Authority (DFSA).However, searching on the above watchdogs' registry, we do not find any match results to FXBULLS or the license number the broker claims. Therefore, all regulatory info on the website is false propaganda for unsuspecting traders.The truth is, FXBULLS is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like FXBULLS and trade with licensed brokers.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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