Bullden Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-14 12:17

Abstract：Based in UK and established in 2020, Bullden is a company that purportedly deals in Forex, Stocks, Indices, Crypto, Commodities, Metals and NFTs with leverage up to 1:100 and floating spreads on the web-based trading platform via six different live account types. However, Bullden operates without regulatory oversight from any reputable financial body.

　　Note: Bullden's official website: https://bullden.io/ is currently inaccessible normally.

BulldenReview Summary
Founded	2020
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	200+, Forex, Stocks, Indices, Cryptos, Commodities, Metals and NFTs
Demo Account	/
Leverage	Up to 1:100
EUR/USD Spread	Floating around 0.4 pips
Trading Platform	Web-based
Min Deposit	$0
Customer Support	Address: 47 St John's Square, Clerkenwell, London
Region Restrictions	Afghanistan, Hong Kong, Japan, the United States of America, etc.

　　Based in UK and established in 2020, Bullden is a company that purportedly deals in Forex, Stocks, Indices, Crypto, Commodities, Metals and NFTs with leverage up to 1:100 and floating spreads on the web-based trading platform via six different live account types. However, Bullden operates without regulatory oversight from any reputable financial body.

Pros and Cons

Pros	Cons
Various trading instruments	Not regulated
Multiple account types	Inaccessible website
No minimum deposit	No MT4/5
	Inactivity account fee charged

Is Bullden Legit?

　　No, Bullden is not regulated and the website is not available.

What Can I Trade on Bullden?

　　Bullden offers 255 trading instruments grouped into 7 asset classes – Forex, Stocks, Indices, Cryptos, Commodities, Metals and NFTs.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Metals	✔
Indices	✔
Stocks	✔
Cryptos	✔
NFTs	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　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.

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.

Spread and Commission

　　The average EUR/USD spread is floating around 0.4 pips. All charging no commissions.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Web-based	✔	Web	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

　　Bullden accepts deposits via Bitcoin only.There is no minimum deposit requirement.

Bonus and Fee

　　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.