Scam Alert: Reveal the Truth of BullFXOptions

Earning online is more challenging than it seems, especially in the forex market where scams lurk, and one such unscrupulous entity is Bull FX Options. As a scam broker, Bull FX Options has gained notoriety for its deceptive practices, preying on unsuspecting traders. From promising unrealistic profits to withholding funds, this fraudulent platform embodies the dark side of the forex industry, making it crucial to exercise caution and steer clear of their enticing but deceitful offers. At BrokersView, we investigate the alarming details of their fraudulent activities, exposing their tactics and ensuring that potential traders are well-informed to protect their hard-earned money.

Bull FX Options - A Quick Overview

Bull FX Options (https://bullfxoptions.com) presents itself as a platform for individuals without financial expertise seeking wealth and financial freedom. Claiming to provide insights into global market trends, their financial consultants, tools, and resources aim to assist investors in maximizing their investments in the world's largest financial market, the U.S. They assert their commitment to working around the clock to increase the chances of success and secure profits while ensuring a seamless and regret-free investment experience. The company promotes smart and risk-free investments, emphasizing an easy and fast process. Additionally, Bull FX Options claims to offer the opportunity to create and manage investment portfolios, collaborating with a dedicated advisor team to develop a comprehensive financial strategy to foster wealth growth and preservation.

Are Bull FX Options Regulated?

Despite Bull FX Options claiming to be owned and operated by Bull FX Options, Inc., a purported member of the Swiss Financial Market Supervisory Authority (FINMA), our search in FINMA's registry found no matching results. Hence, the regulatory information provided by Bull FX Options is misleading and untrue, posing a risk to unsuspecting investors.

Clientele Feedback

Although Bull FX Options claims to have been founded in 2018, the lack of any customer reviews seems alarming. Only one review, which highlighted the trader's initial attraction to the company's long history and committed customer service, was found after extensive searching. However, the client acknowledged that adjusting to the intricate trading model was challenging.

What Makes Bull FX Options A Scam?

Bull FX Options exhibits multiple red flags that classify it as a scam.

1. Despite claiming membership with reputable regulatory bodies, it lacks regulation from regulatory authorities, leaving investors' funds vulnerable to potential misuse.

2. A published article by BrokersView in May 2019 titled "Bull FX Options Charges Investor High Fees for Withdrawal" sheds light on the fraudulent practice of demanding excessive fees and commissions during the withdrawal process. Victims are coerced into paying these fees, only to have the scammer disappear without a trace.

3. The lack of firsthand experiences or reviews from actual customers leaves potential investors in the dark regarding the reliability and credibility of the platform. 

Bottom Line

Evil entities like Bull FX Options need to be supervised by strict regulations. BrokersView strongly advises investors to engage only with authorized brokers, reducing the risk of fraud. Before any transaction, verifying a company's regulatory status with the appropriate regulatory agency is crucial to safeguard your investments from potential fraudulent schemes like Bull FX Options.