Updated on March 13, 2024
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In our rigorous review process, a team of seasoned financial specialists, boasting more than 20 years of experience in Forex trading, carries out an exhaustive evaluation of various trading services. Our team delves deep into the investigation of fees, assesses the trading platforms, and verifies adherence to regulatory standards. We also interact directly with customer support and conduct actual trades to gain a real-world understanding of the trading conditions. This comprehensive approach enables us to provide informed insights and advice on why we recommend avoiding Bulls Capital Markets due to the issues we've identified.
Is Bulls Capital Markets Scam or Legit Broker? ▲
Upon an in-depth investigation into Bulls Capital Markets, our findings raise significant concerns, leading us to classify Bulls Capital Markets as an outright scam. This broker operates without any regulatory oversight, lacking the essential legal authorization to offer financial services to the public. Compounding these concerns, Bulls Capital Markets has been implicated in fraudulent activities, masquerading as a reputable entity to mislead investors. These alarming attributes underscore our recommendation to exercise utmost caution and steer clear of engaging with Bulls Capital Markets for any trading activities.
What is Bulls Capital Markets? ▲
Bulls Capital Markets presents itself as a No Dealing Desk (NDD) brokerage, promising traders access to a wide array of trading instruments under seemingly favorable conditions. Nonetheless, a closer examination reveals that the entity, Bulls Capital Markets Ltd, based in the UK, operates devoid of regulation by the Financial Conduct Authority (FCA) – a critical oversight for any financial service firm within the UK. Originating in the USA in 2009, the company was compelled to relocate due to stringent regulatory requirements, moving its operations to less regulated jurisdictions. Despite assurances on their website regarding the segregation of client funds from company assets, the absence of any regulatory body to verify such claims raises red flags. Furthermore, multiple regulatory warnings have been issued against Bulls Capital Markets. These warnings highlight the dissemination of false information by the company and report numerous challenges faced by traders, particularly in executing withdrawals. Notably, the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg issued a public warning against Bulls Capital Markets, cautioning against its claims of being under CSSF supervision. This information, coupled with traders’ adverse experiences globally, paints a troubling picture of Bulls Capital Markets' reliability and trustworthiness.
In light of our comprehensive review and the substantial issues uncovered, our advice to traders is unequivocal: prioritize safety by choosing to trade with brokers that are subjected to stringent regulations by reputable world authorities. This ensures compliance with necessary regulatory frameworks and a proven track record of reliability. We strongly recommend against establishing any trading accounts with Bulls Capital Markets, given its lack of regulation, association with fraudulent activities, and the numerous warnings issued by regulatory bodies. For a secure trading environment, traders should seek out well-regulated brokers, such as those in the UK or Australia. Based on our extensive research and analysis, which includes an assessment of over 1000 brokers, the overall ranking and experience with Bulls Capital Markets are overwhelmingly negative. Please note, the Bulls Capital Markets website has been reported as inactive and unreachable, indicating that the broker may have ceased operations. Nonetheless, traders should remain vigilant and avoid any future proposals that may emerge from this broker or similar entities.
When considering alternatives, brokers like Interactive Brokers, City Index, and AvaTrade stand out. They not only offer the security of stringent regulation but also bring to the table comprehensive trading solutions that can meet the needs of both novice and seasoned traders.
Bulls Capital Markets Review 2024

We need to stop being fooled by all these brokers and account managers, they scammed me over $100,000 of my investment capital, they kept on requesting for extra funds before a withdrawal request can be accepted and processed, in the end, I lost all my money. All efforts to reach out to their customer support desk had declined, I found it very hard to move on. I was researching and find a broadcast that teaches on how scammed victims can recover their funds, I contacted the email provided for consultation, quick recovery deck AT consultant DOT com I got feedback after some minutes and I was asked to provide all legal details concerning my investment, I did exactly what they instructed me to do without delay, to my greatest surprise I was able to recover my money back including my profit which my capital generated. I said I will not hold this to myself but share it to the public so that all scammed victims can get their funds back.