Score

1.55 /10
Danger

BULBROKERS

Bulgaria

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.30

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

VPS Standard
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Warning: Low score, please stay away! 3
Previous Detection : 2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • 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

BULBROKERS · Company summary

BASIC INFORMATION

Bulbrokers offers tradable assets as well as institutional consulting services and asset management. The broker offers over 16 years of experience to over 30,000 customers worldwide, from Bulgaria to Greece, providing access to currencies, options, futures, shares, indices, bonds, and funds

MARKETS

Bulbrokers offers over 25 currency pairs, dozens of Bulgarian and global stock indices, plus CFD contracts on the MT4 platform. The TWS platform also provides access to a range of other assets including futures, options, and bonds.

FEES

Bulbrokers charge commissions depending on the platform used. Stock trading commissions start at 0.015 USD per share for US stocks. For European stocks, commissions start from 0.15% of the stock of ETF value.

Leverage

You can leverage up to 1:200 on the MT4 platform.

ACCOUNT TYPES

Bulbrokers offers a single account structure for forex and CFD trading.

PAYMENT METHODS

Deposits & Withdrawals

Funding is rather limited at Bulbrokers and is only available in USD, EUR, or BGN by bank transfer, credit/debit card, or cash register. Bulbrokers does not charge any deposit fees, but any intermediary bank or card fees are the responsibility of the client.

For withdrawals over 1,000 BGN via cash register, the commission is 0.20%. Withdrawals using foreign currency will cost 0.40% for amounts over the currency equivalent of 1,000 BGN (around 600 USD).

TRADING PLATFORMS

· MetaTrader 4

· Trader Workstation

TRADING HOURS

Trading hours for all instruments depend on the server opening times of the trading platform you are using. You can access operating hours by logging into MT4 or TWS and clicking on the instrument specifications.

CUSTOMER SUPPORT

Help is available between 09:00 and 17:00 ET via email or telephone. Unfortunately, Bulbrokers does not offer a live chat service.

· Email – forex@bulbrokers.com

· Telephone – (+359) 2 4893 715

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