BullMarkets Forex Broker

BullMarketsReview SummaryFounded1999Registered Country/RegionSaint LuciaRegulationNo regulationMarket InstrumentsCryptocurrencies, forex, stocks, commodities, indicesDemo Account✅LeverageUp to 1:400EUR/USD Spread3.0 pips (Basic account)Trading PlatformBullMarkets web trader & mobile APPMinimum Deposit$250Customer SupportContact formTel: +1-939-2013112Email: info@bullmarkets.comRegional RestrictionsEuropean Economic Area, USA, British Columbia, Canada BullMarkets was registered in 1999 in Saint Lucia, offering trading services related to cryptocurrencies, forex, stocks, commodities, and indices. It provides four types of accounts, with a minimum deposit of $250 and a maximum leverage of 1:400. However, it should be noted that BullMarkets is not regulated and it does not provide services to residents in certain regions.Pros and ConsPros Cons Demo accounts availableLack of regulationLong operation timeNo MT4 or MT5Multiple channels for customer supportRegional restrictionsDiverse productsIs BullMarkets Legit? No, BullMarkets is not regulated by financial regulatory authorities in Saint Lucia, which means the company lacks regulation from its registration site. Please be aware of the risks!What Can I Trade on BullMarkets? BullMarkets provides several types of products, including cryptocurrencies, forex, stocks, commodities, and indices.Tradable Instruments Supported Forex✔Commodities✔Indices✔Stocks✔Cryptocurrencies✔Bonds❌Options❌ETFs❌Account Type BullMarkets offers four types of accounts: Basic, Gold, Platinum, and VIP Account. Besides, demo accounts are also available.Account TypeMinimum DepositBasic Account$250Gold Account$25,000Platinum Account$100,000VIP Account$250,000Leverage The leverage can be up to 1:400 for all account types. Traders need to consider carefully before investing, since high leverage is likely to bring high potential risks.Spread The spreads are floating.Account TypeBasic AccountGold AccountPlatinum AccountVIP AccountEUR/USD Spread3.0 pips2.7 pips2.1 pips1.6 pipsGBP/USD Spread3.4 pips3.1 pips2.5 pips2.0 pipsUSD/JPY Spread3.3 pips3.0 pips2.4 pips1.9 pipsCrude Oil Spread$0.12$0.11$0.10$0.08Trading Platform BullMarkets uses its own trading platorms which can be accessed via PC and mobile devices, and it does not support the commonly used MT4 or MT5.Trading PlatformSupported Available Devices Suitable forBullMarkets✔PC, web, mobile/MT4❌/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal BullMarkets supports payment options such as VISA and MasterCard. However, other details such as the accepted currencies, processing time, and commission fees are not clear.