✔️ Information reviewed and updated in October 2024 by Eduardo López
IS BullMarkets SAFE? EVALUATIONS
CONTENT
- 1 IS BullMarkets SAFE? EVALUATIONS
- 2 ℹ️ BROKER INFORMATION:
- 3 📞 LIST OF CONTACT NUMBERS:
- 4 💰 DEPOSITS AND PLANS:
- 5 💬 BULLMARKETS OPINIONS
- 6 🚨 RISKS OF INVESTING IN BULLMARKETS
- 7 ⚠️ CONCLUSIONS AND RECOMMENDATIONS
- 8 ⭐ Comment from BullMarkets:
- 9 💬 WHAT TO THINK OF A COMPANY LIKE BullMarkets?:
- 10 📣 LATEST UPDATES:
- 11 ✔️ CLAIM MONEY FROM BullMarkets:
- 12 🚨 REPORT BullMarkets:
- 13 ❓ FAQS – FREQUENTLY ASKED QUESTIONS:
In this article I will review BullMarkets. Is CFDs on stocks, forex, cryptocurrencies, indices and commodities company BullMarkets (with website bullmarkets.com) truly safe? Is it reliable to invest your money with this company? I will analyze this company in detail.
I will explain to you why I consider BullMarkets to be an UNRELIABLE company AND I SEE IT AS UNSAFE. BE CAUTION WITH THIS TYPE OF COMPANIES!
ℹ️ BROKER INFORMATION:
I want to highlight two important aspects: (1) the first is to know its regulations and (2) the second is the location of the company. These are two crucial elements to evaluate the seriousness and reliability of a company.
Is the company unregulated or regulated by a country with a poor reputation? Is the company located in an unreliable location or does it not mention its location? These are key questions that every investor should ask themselves to evaluate the reliability of a company.
| Information | about the company |
|---|---|
| 🌐 Website | bullmarkets.com |
| 💳 Payment methods | Not mentioned |
| [email protected] | |
| 📄 Attend the event | T2023380 |
| 🛡️ Regulator | Mwali International Services Authority |
| 🕑 Website age | Your registration date was: December 6, 1999 (very recent) |
| (I.e. Company | ExpertPro Ltd |
| ???? Live Chat | Yes |
| ❓ Company type | CFD broker on stocks, forex, cryptocurrencies, indices and commodities |
| ️ ️ Phone | Does not have |
| ???? Address | Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia |
📞 LIST OF CONTACT NUMBERS:
The company does not provide any contact telephone number. The absence of media generates distrust in me. It is not usual.
💰 DEPOSITS AND PLANS:
According to BullMarkets, you can start trading with a minimum deposit of $10.000, but there are plans for up to $100.000, and even more. A high initial deposit is a red flag for me.
| INVESTMENT PLANS | DETAILS |
|---|---|
| ❌ The Standard Plan | Requires a deposit of $10.000. Access to all company platforms. |
| ❌ Professional Plan | Requires a deposit of $50.000. Additional benefits. |
| ❌ Advanced Plan | Requires a deposit of $100.000. Advanced benefits and personalized advice. |
After knowing these features, do you really feel comfortable investing your money in BullMarkets?
💬 BULLMARKETS OPINIONS
I have searched and collected various opinions online, and what I have found is not encouraging. Most comments mention problems withdrawing funds and lack of responses to support requests.
Some users mention that the withdrawal process is confusing and requires endless verification, which is a tactic I have seen from other brokers with little transparency.
Therefore, it is my duty to warn you to proceed with extreme caution.
🚨 RISKS OF INVESTING IN BULLMARKETS
BullMarkets has several aspects that concern me, and these are the main risks that I have identified:
1. Lack of adequate regulation: Although they claim to be regulated, the regulation comes from an authority in Mwali, a country that is not known for having tight control over financial companies. This seems very unreliable to me.
2. Unfavorable withdrawal conditions: I have read many negative comments regarding the withdrawal process. This is a warning sign that you should not ignore.
3. High deposit requirements: A minimum deposit of $10.000 is very high compared to other brokers. It's a big risk if you consider the negative signs I've mentioned.
⚠️ CONCLUSIONS AND RECOMMENDATIONS
With all the information and opinions collected, my advice is that I DO NOT RECOMMEND investing in BullMarkets. There are too many red flags that indicate this company might not be trustworthy. Look for other safer options with more reliable regulations.
Has something happened to you with this broker? Do you have any experiences or comments to share? Write me in the comments!
⭐ BullMarkets Comment:
After reviewing the company, these are my observations:
1) The company's headquarters are located in an area considered dangerous, such as Saint Lucia.
2) The company claims to be under the supervision of a regulator on the autonomous island of Mohéli, which is questionable.
3) I have verified that the domain “bullmarkets.com” was registered on December 6, 1999.
4) The company has an unfavorable reputation on the web, as I have found several complaints from users.
5) BullMarkets notes that it operates with leverage of up to 1:500 and offers accounts with minimum deposits from $250, which could attract traders with the promise of great opportunities.
“To be honest, I wouldn't recommend investing in a company like this: it is regulated on the autonomous island of Mohéli (unreliable regulation). It claims to be part of ExpertPro Ltd, which appears to be a fictitious company. Honestly, I cannot advise investing in a company of this type.”
💬 WHAT TO THINK OF A COMPANY LIKE BullMarkets?:
BullMarkets is a broker that, despite having a website with considerable age, registered on December 6, 1999, shows serious warning signs that make it an unreliable option.
Although the website mentions that the company belongs to ExpertPro Ltd, this entity has not been found in official records, which suggests that it could be a fictitious company. Furthermore, BullMarkets claims to be regulated by a regulator of the autonomous island of Mohéli, a jurisdiction known for its extremely low regulatory standards, virtually leaving investors unprotected.
The company says it operates from Santa Lucía, a place that also offers little security in terms of financial oversight. These factors, combined with a poor reputation on the internet, where complaints from dissatisfied clients abound, suggest that BullMarkets is an untrustworthy broker.
Finally, although it offers seemingly attractive conditions such as leverage of up to 1:500 and low minimum deposits, these features are often strategies to attract unsuspecting traders, increasing the risk of significant losses. In summary, BullMarkets is presented as a very unsafe option and it is advisable to avoid it.
📣 LATEST UPDATES:
At the moment there are no updates.
✔️ CLAIM MONEY FROM BullMarkets:
If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.
We work with a capital recovery service. here you can recover your capital.
In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.
If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.
🚨 REPORT BullMarkets:
If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:
🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch
🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch
🇨🇱 Chile: the financial regulator is CFM, here you can get in touch
🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch
🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch
🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch
🇺🇸 United States: the financial regulator is FINRA, here you can get in touch
🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch
🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch
🇵🇪 Peru: the financial regulator is SBS, here you can get in touch
If your country is not on the list, leave a comment and I will gladly help you!
❓ FAQS – FREQUENTLY ASKED QUESTIONS:
BullMarkets offers investors the ability to trade contracts for difference (CFDs) on a variety of financial assets. CFDs allow traders to speculate on the price movements of different instruments without owning the underlying assets. Among the investment opportunities, users can diversify their portfolios by investing in CFDs on stocks of major companies such as Tesla and Netflix, popular cryptocurrencies such as Bitcoin and Ethereum, currency pairs in the Forex market, commodities such as gold and crude oil, and global market indices such as the S&P 500 and Nasdaq.
In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.
BullMarkets is a company that I consider NOT RELIABLE. It has characteristics that make it a very unsafe company: be very careful.
If you have lost your money or been scammed, I recommend you try the capital recovery service.
If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.
This company is NOT RELIABLE. I'm still waiting to get paid, don't fall into the trap, I know you'll thank me.
Hello Luna, BullMarkets is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.
They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).
When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.
If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you
Greetings.