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Score
China
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index6.85
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
BullishFX
Company Abbreviation
BullishFX
Platform registered country and region
China
Company website
Company summary
Pyramid scheme complaint
Expose
General Information & Regulation
BullishFX is a Chinese registered online forex broker dedicated to helping investors achieve their financial goals by working together to unlock their potential advantages in both domestic and international markets. BullishFX is not currently subject to any effective regulation.
Markets Instruments
BullishFX offers investors a relatively limited range of financial instruments, including more than 50 currency pairs in the Forex market and precious metals (gold, silver).
Minimum Deposit
BullishFX's official website does not show specific account types, nor its minimum deposit requirement.
BullishFX Leverage
In terms of trading leverage, BullishFX doesn't make this part clear. Leverage magnifies the returns from favorable movements in a currency's exchange rate.It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.
Spreads & Commissions
The spreads on the BullishFX platform are 50 pips for XAUUSD and 5 pips for XAGUSD. Additionally, the spreads for the forex currency pairs on the platform are shown as market spreads.
Trading Platform
BullishFX offers traders the most popular MT4 trading platform on the market today. MT4 is one of the most relied upon and advanced trading platforms for both novice and professional traders, a user-friendly and reliable trading platform that offers a wide range of features to help traders and money managers enter and participate in the Forex market. , ios, and Windows versions.
Deposit & Withdrawal
BullishFX offers investors 24-hour withdrawal and deposit trading with fixed withdrawal and deposit rates.
Conclusion
BullishFX is obviously a scam, not regulated in any way, and the information on the official website is not perfect, and the spreads offered on gold & silver are too high, so it is obvious that it is not a legitimate broker.
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