Global Broker Regulation & Inquiry App

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The WikiFX Score of this broker is reduced because of too many complaints!

Bullet Global

United States|2-5 years|
Suspicious Regulatory License|MT5 Full License|Regional Brokers|High potential risk|

http://bulletgifx.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

1
Server Name
BulletGlobalInvest-Live MT5
Server Location Singapore

Contact

+44 07861732295
Market@bulletgifx.com
http://bulletgifx.com/
The WikiFX Score of this broker is reduced because of too many complaints!

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

Open Now

Contact number

Chinese (Simplified)

+44 07861732295

Other ways of contact

Broker Information

More

Company Name

Bullet Global Investment Ltd

Abbreviation

Bullet Global

Platform registered country and region

United States

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

This platform is a Ponzi Scheme. Please stay away! 5
Previous Detection : 2024-07-25
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
  • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 16 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Bullet Global · WikiFX Survey
Danger A Visit to Bullet Global in UK -- No Office Found
United Kingdom

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Bullet Global · Company Summary

Registered in United States
Regulated by No effective regulation at this time
Year(s) of establishment 1-2 years
Trading instruments Information not available
Minimum Initial Deposit Information not available
Maximum Leverage Information not available
Minimum spread Information not available
Trading platform MT5
Deposit and withdrawal method Information not available
Customer Service Email, phone number
Fraud Complaints Exposure Yes

Risk Warning

Online trading involves huge risks and you can lose all 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 herein is for general information purposes only.

General information and regulations

Bullet Global is registered in the US and appears to be a fraudulent broker without any credible regulation, with a history of no more than 2 years. Unfortunately, we could not find any more detailed information about this broker on the internet. Therefore, we recommend that you do not deal with such a low-information broker right off the bat and always consult WikiFX to get at least a basic understanding of a broker.

The current status of Bullet Global is uncertain, as its website is unavailable, and the domain is listed for sale, suggesting a potential change or discontinuation of operations. As a United States-based broker with no credible regulation, caution is advised when dealing with Bullet Global. The broker claims to offer the Meta Trader 5 trading platform, which is widely recognized but should be approached with caution given the regulatory concerns. Customer support is limited to email and a provided phone number, with no information available regarding additional support services.

Reviews of Bullet Global indicate numerous negative experiences from traders, including wrong signals, balance deductions, slippage, fraudulent pricing, and significant losses. The platform has been accused of engaging in fraudulent activities, withdrawal issues, account suspensions, and networking schemes. Overall, the lack of trustworthiness and reliability of Bullet Global is highlighted in the reviews.

regulation

Is Bullet Global Legit?

Bullet Global is a broker that operates without proper regulation or valid licenses. It has been flagged as illegal and has expired licenses. Moreover, it has been listed in WikiFX's Scam Brokers list, indicating potential fraudulent activities. It is crucial to be aware of the associated risks when dealing with such brokers.

The platform employed by Bullet Global is characterized as a Ponzi Scheme. This scheme operates by using the principle of value multiplication. It involves the circulation of funds, either through rolling or static methods, where the money from new members is used to pay the existing members. Essentially, it functions as a pyramid scheme that is hidden, deceptive, and socially harmful.

Fraudsters within the platform prey on people's desire for financial gain and clandestinely raise funds. However, as these platforms typically engage in fraudulent practices, they often disappear after one or two years of operation. Consequently, the fund-raising model employed by such platforms is generally sustainable for less than three years.

Given the absence of regulation, the expired licenses, and the platform's inclusion in the Scam Brokers list, it is advisable to exercise extreme caution and refrain from engaging with Bullet Global.

General information

Screenshot time: 02/10/2023

The scores provided by WikiFX are dynamic and track the broker's movements in real time, so the scores screened at the current time are not indicative of past or future scores.

Pros and Cons

Bullet Global is a broker that claims to provide the Meta Trader 5 platform for trading. However, it is important to consider the cons associated with this broker. Bullet Global is listed in WikiFX's Scam Brokers list, indicating potential fraudulent activities. Additionally, it operates without proper regulation and lacks valid licenses, which raises concerns about its credibility and reliability. The broker also offers limited customer support options, further diminishing the overall experience. Moreover, Bullet Global is accused of operating as a Ponzi Scheme and potential pyramid scheme, adding to the risks involved. The platform has received numerous negative exposures and accusations of fraud, further highlighting its lack of trustworthiness. It is essential to exercise caution and consider these drawbacks before engaging with Bullet Global.

Pros Cons
Claims to provide Meta Trader 5 platform Listed in WikiFX's Scam Brokers list
Unregulated and lacks valid licenses
Limited customer support options
Operates as a Ponzi Scheme and potential pyramid scheme
Numerous negative exposures and accusations of fraud

Current Status

Bullet Global's status is uncertain and raises concerns about its legitimacy and credibility. The domain “BulletGifx.com” is currently listed for sale at a price of $3,495, suggesting a potential change or discontinuation of the broker's operations.

Bullet Global is registered in the United States, but there is a lack of credible regulation associated with the broker. Its history spans no more than two years, which is a relatively short period. Unfortunately, detailed information about this broker is scarce and difficult to find online.

Considering the limited information available, it is advisable to exercise caution when dealing with a broker that lacks transparency and comprehensive details. It is always recommended to conduct thorough research and consult reliable sources such as WikiFX to gain at least a basic understanding of a broker's credibility and reputation.

le.

Trading Platforms

Bullet Global claims to provide its clients with the Meta Trader 5 trading platform, as mentioned on the WikiFX website. This platform is widely recognized in the industry and has gained popularity among traders for its features and capabilities. However, it is important to note that these claims are made by the company itself and should be approached with caution due to the aforementioned regulatory concerns.

The Meta Trader 5 platform is a comprehensive trading software developed by MetaQuotes. It offers a range of tools and functionalities that can assist traders in analyzing the markets, executing trades, and managing their portfolios. The platform provides access to various financial instruments, including forex, stocks, commodities, and indices, allowing traders to diversify their trading strategies.

With its user-friendly interface and customizable features, Meta Trader 5 allows traders to adapt the platform according to their individual preferences. It offers charting tools, technical indicators, and advanced order types to assist in making informed trading decisions. The platform also supports automated trading through the use of expert advisors (EAs) and allows for backtesting strategies.

While the Microsoft operating system compatibility is mentioned, it is important to note that this is a standard feature for most trading platforms and does not necessarily indicate any unique advantage specific to Bullet Global.

Customer support

The support service provided by Bullet Global is not very extensive. It can only be accessed via email and a phone number. Since the company's website is not currently open, we do not know if it offers other services such as live chat, callback, FAQ, 24/7 or 24/5 service, etc.

Below are the details about the customer service.

Email: Market@bulletgifx.com

Phone Number: +44 07861732295

Users exposures

On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

users' exposure

Conclusion

Bullet Global is a broker that lacks credible regulation and has expired licenses. It has been listed as a scam broker by WikiFX and raises concerns about its legitimacy. The platform operates with a high potential risk, employing a fund circulation method that resembles a Ponzi Scheme. The broker preys on people's desire for money and often disappears within a short period, typically less than three years. The current status of Bullet Global is uncertain, with the domain “BulletGifx.com” listed for sale, indicating potential changes or discontinuation of operations. Due to the absence of transparency and comprehensive information, it is advisable to exercise caution and avoid dealing with Bullet Global.

FAQs

Q: What is the current status of Bullet Global?

A: The current status of Bullet Global is uncertain, and its legitimacy and credibility are questionable. The domain associated with the broker is listed for sale, suggesting potential changes or discontinuation of operations. Detailed information about the broker is limited, making it difficult to assess its reliability.

Q: Is Bullet Global a regulated broker?

A: No, Bullet Global operates without proper regulation or valid licenses. It has been flagged as an illegal broker with expired licenses. This lack of regulation increases the risk associated with dealing with this broker.

Q: What trading platform does Bullet Global offer?

A: Bullet Global claims to provide the Meta Trader 5 trading platform, which is widely recognized and popular among traders. However, caution should be exercised due to the regulatory concerns surrounding the broker.

Q: How can I contact Bullet Global's customer support?

A: Customer support at Bullet Global is available through email (Market@bulletgifx.com) and phone (+44 07861732295). However, it is unclear if additional support options are available, as the company's website is currently unavailable.

Q: What do reviews say about Bullet Global?

A: Reviews on WikiFX indicate that Bullet Global has received negative exposures and is considered a scam and fraudulent platform. Traders have reported issues such as wrong signals, sudden balance deductions, severe slippage, fraudulent pricing, and significant losses. The lack of trustworthiness and reliability of Bullet Global is highlighted in these reviews.

News

Bullet Global Investment Ltd (BGI) Ran Away?!

ExposureBullet Global Investment Ltd (BGI) Ran Away?!

2022-09-22 18:03

Bullet Global Investment (BGI) Ltd did not take long to make its next move. Towards the end of August and the start of September 2022, WikiFX highlighted warned our users that something fishy could be going on with BGI, and now it has come true.

WikiFX
2022-09-22 18:03
Exposure
Bullet Global Investment Ltd (BGI) Ran Away?!
Bullet Global provided a wrong signal causing a margin call for investors in many countries.

ExposureBullet Global provided a wrong signal causing a margin call for investors in many countries.

2022-09-07 10:00

WikiFX recently found out that an online forex broker called Bullet Global provided a wrong signal causing a heavy loss for investors globally. WikiFX’s goal is to protect traders’ rights. In this article, we are going to reveal how bullet Global defrauded users of their funds through the evidence provided by investors.

WikiFX
2022-09-07 10:00
Exposure
Bullet Global provided a wrong signal causing a margin call for investors in many countries.
2 More Clients of BGI with Burst Accounts

Exposure2 More Clients of BGI with Burst Accounts

2022-09-06 10:00

"One hit and you're gone". This is one controversial aspect of forex trading. How can you determine if a trader or a signal provider is good and consistent? Is winning 9 out of 10 trades profitable enough to be deemed good? If you answered yes to that question, start pondering on this golden question, "what if the last trade could wipe everything off?" In forex trading, it never hurts to consider the worst-case scenario first – after all, that is what most people do not do.

WikiFX
2022-09-06 10:00
Exposure
2 More Clients of BGI with Burst Accounts
Who is Bullet Global Investment(BGI) exactly? WikiFX helps you sort through BGI's “money games”.

ExposureWho is Bullet Global Investment(BGI) exactly? WikiFX helps you sort through BGI's “money games”.

2022-09-05 10:00

In the previous articles, we mentioned that Bullet Global Investment(BGI) is a forex broker that currently has a big problem. As we know so far, it is a scam broker. Until now, the victims can not get their money back. Therefore, in this article, we take you through the ins and outs of the fraud case of BGI so that you are able to have a clear understanding of BGI.

WikiFX
2022-09-05 10:00
Exposure
Who is Bullet Global Investment(BGI) exactly? WikiFX helps you sort through BGI's “money games”.

Review 31

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