Forex Bull Trade Review : Fees, Pros and Cons, Reviews by Real Traders

Forex Bull Trade

Operating status: SCAM

Website: https://www.forexbulltrade.com/index-2.html

Broker violations and abnormal records

Feb 15, 2023 The UK FCA Added Forex Bull Trade into Its Warnings
On 16 Feb 2023, the United Kingdom Financial Conduct Authority (FCA) issued a warning that Forex Bull Trade may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/forex-bull-trade

On 16 Feb 2023, the United Kingdom Financial Conduct Authority (FCA) issued a warning that Forex Bull Trade may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/forex-bull-trade
Feb 16, 2023 BrokersView has reviewed that Forex Bull Trade is an Unregulated Forex Broker
Forex Bull Trade claims it is an independent financial company created in 2013. But when we checked its domain, we found it was newly created in 2023. So how could it start its business in such an early year? It is a red flag here.
Besides, Forex Bull Trade presents zero details about its regulation but only shows its company address in the United States. As per the States law, US residents and citizens are only permitted to operate with CTFC- and NFA-regulated forex brokers. Firms and individuals, who need to possess the relevant regulations issued by the National Futures Association (NFA) or the Commodity Futures Trading Commission (CFTC), will be allowed to solicit or approach US citizens. However, we did not find any match results to Forex Bull Trade in the above two regulatory bodies.
More importantly, the UK Financial Conduct Authority (FCA) issued a warning against this broker for providing financial services or products in the UK without authorization. The truth is, Forex Bull Trade is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.

Forex Bull Trade claims it is an independent financial company created in 2013. But when we checked its domain, we found it was newly created in 2023. So how could it start its business in such an early year? It is a red flag here.Besides, Forex Bull Trade presents zero details about its regulation but only shows its company address in the United States. As per the States law, US residents and citizens are only permitted to operate with CTFC- and NFA-regulated forex brokers. Firms and individuals, who need to possess the relevant regulations issued by the National Futures Association (NFA) or the Commodity Futures Trading Commission (CFTC), will be allowed to solicit or approach US citizens. However, we did not find any match results to Forex Bull Trade in the above two regulatory bodies. More importantly, the UK Financial Conduct Authority (FCA) issued a warning against this broker for providing financial services or products in the UK without authorization. The truth is, Forex Bull Trade is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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