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BullCFDs

Saint Vincent and the Grenadines|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.bullcfds.com

Website

Rating Index

Contact

+44 2037610878
support@bullcfds.com
https://www.bullcfds.com

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+44 2037610878

Broker Information

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Company Name

Horizon Targets Solutions LLC

Company Abbreviation

BullCFDs

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-05-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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BullCFDs · Company Summary

General Information & Regulation

BullCFDs, a trading name of Horizon Targets Solutions LLC, is allegedly a forex and CFD broker registered in Saint Vincent and the Grenadines that claims to provide its clients with a variety of tradable financial instruments with leverage up to 1:500 and variable spreads on the Desktop Platform, Web Trader and Mobile Trader trading platforms, as well as a choice of four different live account types. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that BullCFDs does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.13/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

BullCFDs advertises that it enables traders to trade worldwide financial stocks, indices, numerous equities, 50+ forex pairs and a large number of commodities.

Account Types

Apart from demo accounts, BullCFDs claims to offer four types of trading accounts, namely Basic, Gold, Platinum and VIP. The minimum initial deposit amount is $250 for the Basic account, while the other three account types have much higher minimum initial capital requirements of $25,000, $50,000 and $150,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Account Types

Leverage

The leverage offered by BullCFDs is capped at 1:500, which is much higher than that provided by most brokers. 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.

Spreads

BullCFDs claims that different account types can enjoy quite different spreads. Specifically, the spread on the Basic account is regular, the Gold account has spread up to 10% markdown, while the Platinum account has a 20% markdown and the VIP account has a 25% markdown.

Trading Platform Available

Platforms available for trading at BullCFDs are Desktop Platform, Web Trader and Mobile Trader. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Trading Platform Available
Trading Platform Available

Deposit & Withdrawal

BullCFDs website says to work with credit/debit cards, bank transfers and wallet transfers. However, the real acceptable deposit method is credit cards, wire transfers, Bitcoin, USDT ERC20 and USDT TRC20. The minimum initial deposit requirement is said to be $250. The minimum withdrawal amount is $50 or $100 depending on the payment method.

The broker also charges 3.5% withdrawal fees, but no less than $30. Different account clients can have different free withdrawal times. For example, the Basic account holders only have only 1 free withdrawal, while the Gold account has 1 free withdrawal each month, the Platinum account has 4 free withdrawals monthly and the VIP account members always have no withdrawal fees.

As for the processing time of withdrawal requests, the broker says it processes and approves most withdrawal requests within 3-4 business days. While it may take additional time for your chosen payment service provider to complete the transfer process.

Deposit & Withdrawal
Deposit & Withdrawal

Bonuses

BullCFDs claims to offer some bonuses. However, the bonus can only be withdrawn when the traders with an amount 1000 times the bonus.

Bonuses

In any case, you should be very cautious if you receive a bonus. First of all, 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. Remember that brokers who are regulated and legitimate do not offer bonuses to their clients.

Customer Support

BullCFDs‘ customer support can be reached by telephone: +37281072364, +442037610878 (United Kingdom), email: support@bullcfds.com, live chat or send messages online to get in touch. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.

Risk Warning

Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

User Reviews

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【于
more than one year
BullCFDs is a broker specialising in CFDs but not only CFDs. I would like to spend more time knowing about them and then decide if opening an account here.
2023-02-21 16:02
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0
0
Riz482
more than one year
“BullCFDs are scammers play with your minds Once you're signed up, an account manager will take over, allegedly to give you proper education on the platform and trading assets. In fact, this person will develop a new financial plan every week and try to extort more money using fake promises.”
2022-12-29 17:59
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0
0
Riz482
more than one year
BULLCFDs is a scam and their only objective is to cheat their clients and fool them to invest their money with them. Once you have invested your money, their brokers will ensure that you can't withdraw anything from your account. Their only motto is to meet their own targets and achieve their incentives as they get per client and the amount each client invests with them. Hence my humble request is not to even think of investing in them or else you will end up being bankrupt.
2022-12-28 19:27
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0
0
Riz482
more than one year
BullCFDs are scammers who play with your minds Once you're signed up, an account manager will take over, allegedly to give you proper education on the platform and trading assets. In fact, this person will develop a new financial plan every week and try to extort more money using fake promises.
2022-12-19 23:07
Reply
0
0
Riz482
more than one year
BULLCFDs. are scammers. They lure you to invest all your money in them. Their brokers will fool you with their strategies and when they ensure you have invested all your savings, they will not allow you to withdraw the money too. They are trained to fool their investors. This platform should be banned completely.
2022-12-11 23:54
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0
0
Riz482
more than one year
Broker BullCFDs has a sophisticated support team designated to extort your money. Once you sign up, these people will call within a couple of minutes to give you a brief presentation of the company’s services and persuade you to invest right there. Once you’re signed up, an account manager will take over, allegedly to give you proper education on the platform and trading assets. In fact, this person will develop a new financial plan every week and try to extort more money using fake promises. At
2022-11-30 01:59
Reply
0
0
Riz482
more than one year
Bullcfds brokers are the most trained people to cheat you. They are a team of highly sophisticated people to lure you and ensure that you invest everything in them and moreover they don't let you withdraw the money if you feel that you are losing the money. They are trained to fool their investors and make them believe that they are going to earn huge profits. However in the end, the person loses everything and they even advise you to adopt wrong ways in case their targets are not met.
2022-11-28 22:42
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