ASSETSBULL Forex Broker

Assetsbull Forex Broker - Complete Information Guide

1. Overview of the Broker

　　Assetsbull, officially known as Assets Bull Iconic Limited, is a forex and CFD broker that has been operating since 2019. The company is registered in the United Kingdom, with its main office located at 128 City Road, London, United Kingdom, EC1V 2NX. As a privately held entity, Assetsbull focuses on providing a diverse range of trading services to retail clients, primarily in the forex and CFD markets.

　　Since its inception, Assetsbull has aimed to cater to both novice and experienced traders by offering a variety of financial instruments. The broker claims to provide access to over 213 trading instruments, including cryptocurrencies, stock indices, commodities, and forex pairs. The company has developed its platform to facilitate trading through MetaTrader 5, a widely recognized trading platform.

　　Despite its claims of being globally licensed and regulated, it has been noted that Assetsbull does not hold any valid regulatory licenses, which raises concerns about its operational legitimacy. The broker has been active for approximately 2 to 5 years, and during this time, it has positioned itself as a competitive player in the online trading space.

　　The business model of Assetsbull revolves around retail forex trading, where it offers various account types, including mini, standard, and pro accounts, with flexible leverage options and competitive spreads. The broker's commitment to customer service is reflected in its provision of 24/5 customer support, ensuring that clients can access assistance when needed.

2. Regulatory and Compliance Information

　　Assetsbull's regulatory status is a significant concern for potential clients. The broker claims to be globally licensed; however, it has been verified that it does not fall under any valid regulatory authority. As a result, its regulatory status on platforms like WikiFX is listed as "no license," and it has received a low score of 1.49 out of 10. This lack of regulation poses a considerable risk to investors.

Key Regulatory Information:

• Primary Regulatory Bodies: No valid regulatory authority.
• Regulatory License Number: Not applicable.
• License Validity and Scope: No valid licenses currently held.
• Legal Entities in Different Regions: Primarily operates under Assets Bull Iconic Limited in the UK.
• Client Fund Segregation Policy: Detailed information on client fund segregation is not provided.
• Investor Compensation Fund Participation: Not applicable due to lack of regulation.
• KYC and AML Compliance Measures: Specific details regarding KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance are not disclosed.

　　Given the lack of regulatory oversight, potential clients should exercise caution when considering trading with Assetsbull.

3. Trading Products and Services

　　Assetsbull advertises a wide array of trading products and services aimed at meeting the diverse needs of its clients. The broker claims to offer access to 213 trading instruments, which includes:

• Forex Currency Pairs: A variety of major, minor, and exotic currency pairs.
• CFD Products:
• Indices: Major stock indices from various markets.
• Commodities: Precious metals, energy products, and agricultural commodities.
• Cryptocurrencies: A selection of popular cryptocurrencies for trading.

　　The broker continuously updates its product offerings, although specific details on the frequency and nature of these updates have not been disclosed.

Retail Trading Services:

　　Assetsbull provides retail trading services through different account types, allowing clients to choose based on their trading preferences and capital availability. The broker's focus on retail clients is evident in its marketing strategies and product offerings.

Institutional Client Services:

　　While the primary focus appears to be on retail traders, there is limited information available regarding institutional services or white-label solutions.

Asset Management Services:

　　Details about asset management services are not explicitly provided, indicating that the broker primarily targets retail traders.

4. Trading Platform and Technology

　　Assetsbull supports the MetaTrader 5 platform, which is known for its advanced trading features and user-friendly interface. The broker offers both mobile and desktop versions of the MT5 platform, allowing traders to engage in trading from various devices.

Platform Features:

• MetaTrader 5 Support: Fully supported for both mobile (iOS/Android) and desktop.
• Web-Based Trading Platform: Not explicitly mentioned, but typically included with MT5 offerings.
• Execution Model: The specific execution model (e.g., ECN, STP, Market Making) is not clearly defined.
• Server Location and Technical Infrastructure: The broker's server is reportedly located in the United States, but further details on technology infrastructure are lacking.
• API Access and Automated Trading Support: Information regarding API access and support for automated trading is not provided.

　　The use of MetaTrader 5 is a positive aspect, as it is widely recognized for its reliability and extensive range of trading tools.

5. Account Types and Trading Conditions

　　Assetsbull offers several account types to cater to different trading needs. The details of these accounts are as follows:

Account Types:

• Mini Account:
• Minimum Deposit: $10
• Spread: From 1.8 pips
• Commission: None
• Standard Account:
• Minimum Deposit: $100
• Spread: From 1.1 pips
• Commission: None
• Pro Account:
• Minimum Deposit: $500
• Spread: From 0.3 pips
• Commission: $3

　　

Additional Account Features:

• Demo Account: Available with a simulated balance of $1,000 for practice.
• Leverage Ratios:
• Mini Account: Up to 1:1000
• Standard Account: Up to 1:500
• Pro Account: Up to 1:200

　　

Minimum Trade Size:

　　The minimum trade size across all accounts is 0.01 lots.

　　

Overnight Fees:

　　Details regarding overnight fees (swap rates) are not specified, which is crucial for traders who hold positions overnight.

　　

6. Fund Management

　　Assetsbull claims to offer various funding methods for deposits and withdrawals, although specific details are limited.

　　

Supported Deposit Methods:

• Bank Transfer: Commonly used method, but specifics are not provided.
• Credit/Debit Cards: Typically accepted, but details are not mentioned.
• E-Wallets: No specific e-wallet options are listed.

　　

Minimum Deposit Requirement:

• Mini Account: $10
• Standard Account: $100
• Pro Account: $500

　　

Deposit Processing Time:

　　The processing time for deposits is not disclosed, which can be a concern for potential clients.

　　

Deposit Fees:

　　Information regarding deposit fees is not provided, indicating that it may be free of charge.

　　

Withdrawal Methods and Restrictions:

• Specific withdrawal methods are not detailed.
• The minimum withdrawal amount is also not specified.

　　

Withdrawal Processing Time:

　　Withdrawal processing times are not mentioned, which could lead to uncertainty for clients.

　　

Withdrawal Fees Structure:

　　No information regarding withdrawal fees is provided, creating ambiguity for traders.

　　

7. Customer Support and Educational Resources

　　Assetsbull provides customer support through various channels, although specific details about the quality and responsiveness of these services are not extensively covered.

　　

Support Channels:

• Phone Support: Available at +447360251999 (Monday to Friday, 24/5).
• Email Support: Reachable at contact@assetsbull.com.
• Online Chat: Not specifically mentioned, but online messaging options may be available.
• Social Media: Presence on platforms like Twitter, Facebook, Instagram, and YouTube.

　　

Service Hours and Time Zone Coverage:

　　The support service operates 24 hours a day, five days a week, catering to a global clientele.

　　

Multilingual Support:

　　The languages supported by customer service are not specified, which may limit accessibility for non-English speaking clients.

　　

Educational Resources:

• Webinars: Not mentioned.
• Tutorials and E-books: Specific resources are not detailed.

　　

Market Analysis Services:

• Daily analysis, news, and research reports are not explicitly mentioned.

　　

Trading Tools:

• Calculators and Calendars: Not specified.
• Signal Services: Not mentioned.

　　

8. Regional Coverage and Restrictions

　　Assetsbull claims to serve a global market, but specific details regarding its operational regions and restrictions are limited.

　　

Major Service Markets:

　　The broker primarily targets clients in the United Kingdom and potentially other regions, although specific countries are not listed.

　　

Regional Office Distribution:

　　The main office is located in the United Kingdom, with no additional regional offices mentioned.

　　

Countries/Regions Not Accepted:

　　Specific countries or regions from which clients are not accepted are not disclosed, which could be a concern for potential international clients.

　　

Special Restrictions:

　　No special restrictions on trading or account openings are mentioned, but the lack of regulatory oversight raises potential issues.

　　In summary, the assetsbull broker presents itself as a forex and CFD trading platform with a range of products and services. However, the lack of regulatory oversight and transparency regarding funding methods and client protections raises significant concerns for potential traders. Prospective clients should carefully consider these factors before engaging with the platform.