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Bull Sphere Forex Broker provides real users with 1 positive reviews, 2 neutral reviews and 13 exposure review!

Bull Sphere Broker Review

1.99

WikiFX monitor

Business

Influence C

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Bull Sphere Review 16

Latest All(16) Positive(1) Neutral(2) Exposure(13)
Exposure
Utilize the most clients I have ever seen. Goodbye, Bull charges.

I have never seen such a poker game using my clients before. I will first transfer the money to my account and then charge them. When I open the order, I haven't received the money yet. She took me away. The order is $0.01/the fee is $0.09. What is this? It's too bad. Many customers, you charge. You continue. The price difference is not low. You don't have a deposit bonus. Deposits are quick. When you withdraw within 5-6 hours, I swear you will cash in my money again.

Bee4933
2023-04-25
Neutral

Can you believe it? Bull Sphere is the friendliest and easy to use platform I’ve traded with. Very tiny amount to start with, four types of trading accounts can be chosen freely. I used to trade with the ECN account and I have learned a lot of trading strategies through this account and this platform. Very happy to share with broker with you.

FX1344105069
2023-03-20
Neutral

Honestly, overnight fees charged by Doo prime are much higher than other brokers. I am a trader who always hold positions overnight, so overnight interest is a huge fee for me. Unfortunately, I am trading on a wrong platform.

大卫55675
2023-02-24
Positive

attention! Someone has already been scammed by this company! Never trade with it or you will just be the next victim. Don't take the word of the liar!

FX1188634618
2022-12-16
Exposure
Total scam

i was happy the day i was introduced to this broker, i thought it was a life changing not knowing I'll be duped after depositing the sum of $35 as a student to make some money, their customer service blocked me i couldn't reach anyone, was glad when i heard this app can expose some forex brokers and happy i search and found Bull sphere . they scam me kindly expose them

FX1799617240
2021-09-23
Exposure
I spent my last money to FX Broker name Bull sphere.

I deposit almost all of my last money amounting $1500 for a good start. I made a good profit of the deposited money in 4 months. But after 5 months they are starting to be rude. Sometimes they never answer my emails. That’s why I decided to withdraw all the money including my profit. But my request for withdrawal was rejected. And now there are ignoring me.

Rey
2021-09-19
Exposure
This is scam!!!

I haven't been into any broker like this before after paying investing and depositing they block my contact and now i can not withdraw !

Andy loh
2021-09-15
Exposure
This FX fraudster Broker left me nothing in my account

I lost $$$$ to fedlio binary option broker ,they kept calling me assuring me that they can multiply my funds ,I made an initial deposit of $$$$ of which in two weeks in turned $$$$$ and each time I try to make withdrawals they keep asking for more deposit for tax and for more signals .I reported the situation to my therapist as it was already becoming an issue ,my therapist referred me to astrarecovery. cc of which the cyber unit started trailing my payment to fedlio and they were able to uncover the identities behind the scam ,I want to get %100 of my money back .

FX3517856271
2021-09-09

  

Bull Sphere 2025 Review: Everything You Need to Know

  Summary: Bull Sphere emerges as a controversial forex broker with a mixed reputation. While it offers competitive trading conditions and popular platforms like MT4 and MT5, the lack of regulation and numerous user complaints about withdrawal issues raise significant concerns about its reliability and safety.

  Note: It is important to recognize that Bull Sphere operates under different entities based on geographical regions, which can impact user experience and legal protections. This review aims to provide a fair and accurate assessment based on available information.

  

Rating Overview

Category Rating (out of 10)
Account Conditions 5
Tools and Resources 6
Customer Service and Support 4
Trading Experience 5
Trustworthiness 2
User Experience 3
Overall 4.14

  How we rate brokers: We analyze user feedback, expert opinions, and factual data to provide a comprehensive overview.

  

Broker Overview

  Founded in 2022, Bull Sphere is an offshore broker operated by Bull Sphere Global Limited, based in Vanuatu. The broker offers a range of trading platforms, including the widely-used MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with cTrader. It provides access to various trading instruments such as forex pairs, commodities like gold and silver, and some energy products. However, it lacks robust regulatory oversight, which raises concerns about the safety of client funds.

  

Detailed Breakdown

  Regulated Geographical Areas:

  Bull Sphere operates primarily in unregulated regions, specifically Vanuatu, which is known for its loose regulatory environment. This lack of oversight is a significant red flag for potential investors.

  Deposit/Withdrawal Methods:

  Deposits can be made via bank wire and credit/debit cards, but the absence of popular e-payment systems like PayPal or Skrill may deter some traders. Withdrawal processes have been reported as problematic, with numerous complaints highlighting difficulties in accessing funds.

  Minimum Deposit:

  The minimum deposit required to open an account with Bull Sphere is just $10, which is appealing for beginner traders looking to start with a small investment.

  Bonuses/Promotions:

  Bull Sphere offers a welcome bonus of $30, which comes without a deposit requirement. However, this bonus is subject to conditions that require traders to achieve a trading volume of three standard lots before any withdrawal can be made, raising concerns about the legitimacy of such practices.

  Tradeable Asset Classes:

  The broker focuses on forex, commodities, and energies, but the limited range of instruments compared to other brokers may not meet the needs of traders seeking a diverse portfolio.

  Costs (Spreads, Fees, Commissions):

  Spreads start from 0.2 pips for standard accounts, which is competitive. However, the lack of transparency regarding commissions and swap rates is a drawback that potential clients should consider.

  Leverage:

  Bull Sphere offers high leverage options up to 1:1000, which can amplify both potential profits and losses. Such high leverage is typically discouraged by reputable regulatory bodies, indicating higher risk for traders.

  Allowed Trading Platforms:

  The broker supports multiple platforms, including MT4, MT5, and cTrader, catering to different trading preferences and styles.

  Restricted Regions:

  While specific restricted countries are not listed, the lack of regulation may imply that traders from regions with strict financial regulations should exercise caution.

  Available Customer Service Languages:

  Customer support is provided primarily in English, and the broker has a presence in Thailand. However, the lack of multilingual support may limit assistance for non-English speaking clients.

  

Repeated Rating Overview

Category Rating (out of 10)
Account Conditions 5
Tools and Resources 6
Customer Service and Support 4
Trading Experience 5
Trustworthiness 2
User Experience 3
Overall 4.14

  

Detailed Breakdown of Ratings

  •   Account Conditions (5/10):

      Bull Sphere offers a low minimum deposit and multiple account types, appealing to new traders. However, the lack of clear information on account features and potential fees detracts from this score.

  •   Tools and Resources (6/10):

      The availability of popular trading platforms like MT4 and MT5 is a positive aspect, providing traders with reliable tools for analysis and execution. However, the absence of a demo account limits the ability for new traders to practice before committing funds.

  •   Customer Service and Support (4/10):

      Customer service is available through various channels, but numerous complaints regarding slow response times and withdrawal issues indicate a lack of reliability in support.

  •   Trading Experience (5/10):

      The trading experience is generally smooth due to the platforms offered, but the high leverage and limited asset range may not suit all traders.

  •   Trustworthiness (2/10):

      The absence of regulation and numerous user complaints about withdrawal difficulties severely impact trust in Bull Sphere as a broker.

  •   User Experience (3/10):

      User reviews reflect a mix of experiences, with many expressing frustration over withdrawal issues and customer service, which negatively affects overall user satisfaction.

  •   In conclusion, while Bull Sphere offers attractive trading conditions and popular platforms, the significant concerns regarding regulation, user complaints, and withdrawal issues suggest that potential traders should proceed with caution. It is advisable to conduct thorough research and consider alternative brokers with better safety measures and regulatory oversight.