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Company Name
ExpertPro Ltd
Company Abbreviation
BullMarkets
Platform registered country and region
Saint Lucia
Company website
Company summary
Pyramid scheme complaint
Expose
| BullMarketsReview Summary | |
| Founded | 1999 |
| Registered Country/Region | Saint Lucia |
| Regulation | No regulation |
| Market Instruments | Cryptocurrencies, forex, stocks, commodities, indices |
| Demo Account | ✅ |
| Leverage | Up to 1:400 |
| EUR/USD Spread | 3.0 pips (Basic account) |
| Trading Platform | BullMarkets web trader & mobile APP |
| Minimum Deposit | $250 |
| Customer Support | Contact form |
| Tel: +1-939-2013112 | |
| Email: info@bullmarkets.com | |
| Regional Restrictions | European Economic Area, USA, British Columbia, Canada |
BullMarkets was registered in 1999 in Saint Lucia, offering trading services related to cryptocurrencies, forex, stocks, commodities, and indices. It provides four types of accounts, with a minimum deposit of $250 and a maximum leverage of 1:400. However, it should be noted that BullMarkets is not regulated and it does not provide services to residents in certain regions.
Pros and Cons
| Pros | Cons |
| Demo accounts available | Lack of regulation |
| Long operation time | No MT4 or MT5 |
| Multiple channels for customer support | Regional restrictions |
| Diverse products |
Is BullMarkets Legit?
No, BullMarkets is not regulated by financial regulatory authorities in Saint Lucia, which means the company lacks regulation from its registration site. Please be aware of the risks!
What Can I Trade on BullMarkets?
BullMarkets provides several types of products, including cryptocurrencies, forex, stocks, commodities, and indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
BullMarkets offers four types of accounts: Basic, Gold, Platinum, and VIP Account. Besides, demo accounts are also available.
| Account Type | Minimum Deposit |
| Basic Account | $250 |
| Gold Account | $25,000 |
| Platinum Account | $100,000 |
| VIP Account | $250,000 |
Leverage
The leverage can be up to 1:400 for all account types. Traders need to consider carefully before investing, since high leverage is likely to bring high potential risks.
Spread
The spreads are floating.
| Account Type | Basic Account | Gold Account | Platinum Account | VIP Account |
| EUR/USD Spread | 3.0 pips | 2.7 pips | 2.1 pips | 1.6 pips |
| GBP/USD Spread | 3.4 pips | 3.1 pips | 2.5 pips | 2.0 pips |
| USD/JPY Spread | 3.3 pips | 3.0 pips | 2.4 pips | 1.9 pips |
| Crude Oil Spread | $0.12 | $0.11 | $0.10 | $0.08 |
Trading Platform
BullMarkets uses its own trading platorms which can be accessed via PC and mobile devices, and it does not support the commonly used MT4 or MT5.
| Trading Platform | Supported | Available Devices | Suitable for |
| BullMarkets | ✔ | PC, web, mobile | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
BullMarkets supports payment options such as VISA and MasterCard. However, other details such as the accepted currencies, processing time, and commission fees are not clear.
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