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Business Index6.86
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Software Index7.82
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Company Name
FXBulls
Company Abbreviation
FXBulls
Platform registered country and region
Hong Kong
Company website
Company summary
Pyramid scheme complaint
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General Information
Registered in Hong Kong, FXBulls is a forex broker providing easy access to a massive financial market, such as currency pairs, Metals, Energies, Indices. With the FXBulls platform, four types of trading accounts are available, with the minimum deposit to open a professional starting at $100, and the maximum trading leverage that traders can use is up to 1:500.
FXBulls is not authorized or regulated by any regulatory authorities. Please be aware of the risk.
Market Instruments
With the FXBulls platform, five classes of trading instruments including Currency Pairs, Indices, Commodities, Cryptocurrencies as well as CFD products are all available through this brokerage platform.
Account Types
FXBulls provides four trading accounts: Cent, Standard, Pro and ECN. The Cent account is suitable for beginners who are just starting out in the forex world, requiring an initial deposit of $100. The Standard account is perfect for novice trader who want a simple and direct market access. The Pro account is designed for those who requires deep liquidity and sharp spreads, asking for an initial deposit of $500, and the ECN account is tailored for professional traders who are trading in high volume, with the minimum deposit of $2,000.
How to open an account with FXBulls?
Opening an account with FXBulls is an easy and simple process:
1. Click the “Open Account” link, and fill up some required details on the popping-up page.
2. Upload your personal data for this company to verify your details.
3. Choose the preferable payment methods, fund your account and start to trade with this forex broker.
Leverage
The default leverage ratio for retail clients is 1:30 to 1:10 depending on product traded according to ESMA regulation. While professional clients can apply high leverage up to 1:1000.
Since leverage may increase your potential gains, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.
Spreads & Commissions
Spreads and commissions are significantly determined by trading accounts. The Cent, Standard, and Pro accounts provide a zero-commission trading environment, with the minimum spread starting at 1.0 pips for the Cent and Standard accounts, from 0.8 pips for the Pro account. The ECN account offers extremely competitive spreads from 0.6 pips, with a certain amount of commissions charged.
Trading Platform
FXBulls provides access to the industry-leading MT5 trading platform, which can be accessed on any device, Windows, Desktop, IOS, and Android. The MT5 trading platform allows one-click operations for opening and closing trades, setting stops and entry limits, placing direct orders, setting and editing limit and stop loss, as well as charting.
Educational Resources
Aside from the MT4 trading platform, some free educational resources are also provided, including Video Tutorials, Economic Calendar.
Payment Methods
The minimum deposit is $100, and FXBulls allows its clients to make a deposit and withdrawal through VISA, MasterCard, Maestro, Neteller, Wire Transfer and Btrade.
Customer Support
Clients have any inquiries or trading-related issues can also get in touch with Culture Capital through the following channels:
Telephone: +91 7567 555 023, +850 070 8064 3881
Email: info@fxbulls.com
Registered Company Address: 21/F, Tung Sun Commercial Centre 194-200 Lockhart Road, Wan Chai,Hong Kong
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
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