Score

1.34 /10
Danger

Bullden

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index5.71

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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Broker Information

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Company Name

Bullden

Company Abbreviation

Bullden

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Bullden · Company summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Feature Detail
Regulation No regulation
Market Instrument Stocks, crypto, commodities, indices, forex, metals, and NFTs
Account Type Main, Bronze, Silver, Gold, Platinum and VIP
Demo Account N/A
Maximum Leverage 1:100
Spread (EUR/USD) Floating around 0.5 pips
Commission No
Trading Platform web
Minimum Deposit 0
Deposit & Withdrawal Method Bitcoin

Bullden is allegedly a forex and CFD broker registered in China that claims to provide its clients with various tradable financial instruments with leverage up to 1:100 and floating spreads on the web-based trading platform via six different live account types. Here is the home page of this brokers official site:

home page

As for regulation, it has been verified that Bullden currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.07/10. Please be aware of the risk.

General Information & Regulation

Note: The screenshot date is January 12, 2023. WikiFX gives dynamic scores, which will update in real time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

Market Instruments

Bullden advertises that it offers access to 200+ trading instruments grouped into 7 asset classes – Stocks, crypto, commodities, indices, forex, metals, and NFTs.

Market Instruments

Account Types

Bullden claims to offer 6 types of trading accounts, namely Main, Bronze, Silver, Gold, Platinum and VIP. There is no minimum initial deposit requirement on the Main account, while the other account types have much higher minimum initial capital requirements of $2,500, $10,000, $25,000, $50,000 and $100,000 respectively.

Account Types

Leverage

The leverage available at Bullden is 1:100 by default. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

The average EUR/USD spread is floating around 0.5 pips. All charging no commissions.

Trading Platform Available

Instead of the world's most advanced and popularly-used MT4 and MT5 platforms, Bullden gives traders a web-based trading platform. Anyway, you had better choose brokers who offer the leading MT4 and MT5, which are highly praised by traders and brokers alike due to their ease of use and great functionality, offering top-notch charting and flexible customization options. They are especially popular for their automated trading bots, a.k.a. Expert Advisors.

Trading Platform Available

Deposit & Withdrawal

Bullden accepts deposits via Bitcoin only.

Bonuses and Fees

Bullden claims to offer some bonuses. For a bonus of $200, however, clients have to trade 50 lots ($5,000,000). In any case, you should be very cautious if you receive a bonus. Bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Note that brokers are prohibited from using bonuses and promotions by all leading regulators.

The broker also charges a dormant fee of $50 monthly.

Fees

Customer Support

Bullden‘s customer support can be reached by sending messages online to get in touch. Company address: 47 St John's Square, Clerkenwell, London. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most transparent brokers offer.

Pros & Cons

Pros Cons
• Multiple tradable assets and account types • No regulation
• Tight spreads • Bitcoin deposits only
• No minimum deposit

Frequently Asked Questions (FAQs)

Q 1: Is Bullden regulated?
A 1: No. It has been verified that Bullden currently has no valid regulation.
Q 2: At Bullden, are there any regional restrictions for traders?
A 2: Bullden does not offer services to residents of certain jurisdictions such as Afghanistan, Hong Kong, Japan, the United States of America and some other regions.
Q 3: Does Bullden offer the industry-standard MT4 & MT5?
A 3: No. Instead, Bullden offers a web-based trading platform.
Q 4: What is the minimum deposit for Bullden
A 4: There is no minimum initial deposit requirement.
Q 5: Does Bullden charge a fee?
A 5: Like every forex broker, Bullden charges a spread fee. It also charges a dormant fee of $50 monthly.
Q 6: Is Bullden a good broker for beginners?
A 6: No. Bullden is not a good choice for beginners. Whether how well they advertise, never forget that they are unregulated, which means trading with them is dangerous.

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远方549
more than one year
I won't ever suggest this broker. They will do anything they can to put off withdrawals. So many reasons why they didn't let you withdraw your money. They have made me too worried. I suggest you stay away from them at all costs!
I won't ever suggest this broker. They will do anything they can to put off withdrawals. So many reasons why they didn't let you withdraw your money. They have made me too worried. I suggest you stay away from them at all costs!
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2022-12-20 11:03
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