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FXBULLS

Operating status: SCAM

Website: https://www.fxbulls.com/

Broker violations and abnormal records
  • Mar 02, 2022 BrokersView has reviewed that FXBULLS is an unregulated forex broker

    FXBULLS claims it is a reliable trading platform for different kinds of traders and displays multiple regulatory information on the website, including:

    1) the Financial Service Agency (FSA);

    2) the Financial Conduct Authority (FCA);

    3) the Cyprus Securities and Exchange Commission (CySEC);

    4) the Financial Sector Conduct Authority (FSCA);

    5) the Dubai Financial Services Authority (DFSA).

    However, searching on the above watchdogs' registry, we do not find any match results to FXBULLS or the license number the broker claims. Therefore, all regulatory info on the website is false propaganda for unsuspecting traders.

    What's more, we noticed the firm is located in Hong Kong. But we did not find any match results to FXBULLS in the Hong Kong Securities And Futures Commission (HK SFC). So FXBULLS is actually not regulated by any regulators. That means investors' money in this broker is unsafe and cannot be protected by any law. It is a scam.

    FXBULLS claims it is a reliable trading platform for different kinds of traders and displays multiple regulatory information on the website, including:1) the Financial Service Agency (FSA);2) the Financial Conduct Authority (FCA);3) the Cyprus Securities and Exchange Commission (CySEC);4) the Financial Sector Conduct Authority (FSCA);5) the Dubai Financial Services Authority (DFSA).However, searching on the above watchdogs' registry, we do not find any match results to FXBULLS or the license number the broker claims. Therefore, all regulatory info on the website is false propaganda for unsuspecting traders.What's more, we noticed the firm is located in Hong Kong. But we did not find any match results to FXBULLS in the Hong Kong Securities And Futures Commission (HK SFC). So FXBULLS is actually not regulated by any regulators. That means investors' money in this broker is 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.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.