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Bullquote

United Kingdom|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://bullquote.com/

Website

Rating Index

Contact

+44 1133284934
support@bullquote.com
https://bullquote.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

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Contact number

English

+44 1133284934

English

+61 290698208

Broker Information

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Company Name

Bullquote

Company Abbreviation

Bullquote

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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Bullquote · Company Summary

Basic Information
Registered Countries United Kingdom
Regulation No regulation
Minimum Deposit N/A
Maximum Leverage 1:400
Minimum Spread N/A
Trading Platform CFD trading platform, ETF trading platform
Trading Assets Commodities, Cryptocurrencies, Forex, Indices, Stocks
Payment Methods VISA, Bitcoin, MasterCard, Wire Transfer, WebMoney, Skrill
Customer Support Phone, Email, Contact Form

General Information

Registered in United Kingdom, Bullquote is an online broker providing a series of trading instruments to its clients, covering Commodities, Cryptocurrencies, Forex, Indices, Stocks. With the Bullquote trading platform, four types of trading accounts can be chosen from, namely Basic, Silver, Gold, and Platinum accounts, with the minimum deposit of 250 euros.

Here is the screenshot of Bullquote official website:

basic-info

Regulation

Bullquote does not tell the public who is behind it, and according to WikiFX, it is not authorized or regulated by any regulatory body, and it only get a very low score of 1.22/10 on the WikiFX website.

regulation

Market Instruments

Bullquote boasts that it provides the most traded mainstream financial instruments, which covers Commodities, Cryptocurrencies, Forex, Indices, Stocks.

Account Types

Four types of trading accounts are designed for both novice and experienced traders, namely Basic, Silver, Gold, and Platinum accounts. The account type is determined by the minimum deposit, with the Basic account from 250 euros, the Silver account from 5000 euros, the Gold account from 25, 000 euros and the Platinum account from 100,000 euros.

market-instruments

24/5 customer support are available for all accounts, but some account services including Daily Market Reviews, 1-on-1 Educational Course, Free Monthly Webinars, are exclusive for Gold and Platinum accounts only.

Leverage

When it comes to leverage, Bullquote enables its clients to use the maximum trading leverage up to1:400, which is greater than the levels regarded appropriate by any regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Trading Platform

When it comes to trading platforms available, Bullquote says that it is using CFD Trading platform and ETF trading platform.

Payment Methods

The minimum deposit to get started with Bullquote is 250 euros, and clients can get in touch with Bullquote through the following contact channels:

  • VISA, MasterCard

  • Bitcoin

  • Wire Transfer

  • WebMoney

  • Skrill

payment=methods

Customer Support

Clients with any questions can catch a glimpse of Bullquotes FAQ section to find their desirable answers, then they can contact this broker through the following contact channels:

Telephone: +441133284934, +61290698208

Email: support@bullquote.com

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
Generous leverage up to 1:400 No regulation
Dour accounts to choose from No 7/24 customer support
Weak trading platform
High minimum deposit for each account
Poor customer support

Frequently Asked Questions

What trading instruments can I trade with onBullquote

Bullquote allows investors to trade Commodities, Forex, Indices, Stocks, Cryptocurrencies.

How long does it take for withdrawal to be completed?

Requests for withdrawals will usually be completed within 24 hours. Please ensure you have completed the verification process before you make a withdrawal request.

What is the maximum leverage available?

The maximum trading leverage that is available on the Bullquote platform is up to 1:400.

User Reviews

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蓝忆。
more than one year
A friend of mine recommended Bullquote to me and I think it really deserves it. So far I think the service provided by this company is satisfactory to me. I've been trading with this company for 5 months now and I'm satisfied and will continue to trade. Well done, keep going with the flag flying, Bullquote!
2023-03-17 18:40
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