Score

1.53 /10
Danger

BullsEye

Marshall Islands

5-10 years

Suspicious Regulatory License

White label MT4

Regional Brokers

High potential risk

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Regulatory Index0.00

Business Index7.14

Risk Management Index0.00

Software Index4.00

License Index0.00

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Company Name

BullsEye Markets LTD

Company Abbreviation

BullsEye

Platform registered country and region

Marshall Islands

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Warning: Low score, please stay away!
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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BullsEye · Company summary

GENERAL INFORMATION AND REGULATION

BullsEye Markets is an online financial services provider that operates from the Marshall Islands. They provide sophisticated trading platforms, some useful trading tools, and a selection of educational resources to help traders effectively trade the financial markets. The broker offers multiple account opening options, rapid execution, and helpful customer services.

BullsEye Markets LTD is registered as a Financial Investment Firm by the Marshall Island Registration Number 96658. However, there is no regulatory information on the brokers website at the moment. Most experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.

Have in mind that you can feel secure about your investment only with brokers, regulated by official institutions such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC).

MARKET INSTRUMENT

Along the various CFDs, on assets like oil, natural gas, silver, gold, platinum, palladium, copper, stocks and some 11 indices, the broker also offers 61 forex pairs with many exotic currencies like Israeli Shekel, Thai Baht, Mexican Peso, Swedish Krona, Norwegian Krone, Danish Krone, Russian Rubble, Turkish Lira, Czech Krona, Polish Zloty, Hungarian Forint, Chinese Yuan, Hong Kong Dollar, Singapore Dollar and South African Rand. Additionally they offer a number of crypto CFDs with major coins like Bitcoin, Bitcoin Cash, Etehereum, Ethereum Classic, Litecoin, Ripple, Dash, Monero, Zcahs, IOTA, Santiment, OmiseGO, NEO, Eidoo, Metaverse ETP, EOS and Tron

ACCOUNT AND LEVERAGE

Compare the features and benefits of the all Forex Trading Accounts offered by BullsEye Markets and choose the best account to suit your trading needs.

Micro Account specially designed for new traders to trade small volume with minimum deposit of $50. Test your trading strategies in Live Environment with flexible leverage of 1:1000 and minimum trade size of 0.01. Open Micro Account and take your first step from demo account to the live one.

Classic Account

This allows to intermediate traders with a minimum deposit of $500 to start trading. You can Enjoy all the services from BullsEye Markets without any restriction.

ECN Account

BullsEye Markets ECN Account accumulates liquidity from industry's largest financial institution and banks to provide the lowest spreads, best prices and excellent order execution. We offer affordable ECN Account with $500 minimum deposit and 0.01 trade size with personalized account managers. From several options of trading choose the most profitable one.

ECN Pro

BullsEye ECN Pro account offers unbeatable trading conditions for professional Forex traders. Start trading on ECN Pro Account with $5000 only. Traders can choose their level of leverage up to 1:400 and change at any time to manage their risk.

Prime Account

BullsEye Markets Prime Account is a World Class retail account for traders offering quality and honest trading services. Without any hidden commissions prime account offers the added advantage of unlimited volume trading with raw spreads suitable for both high volume and retail traders. Register account and experience truly personalized trading experience with BullsEye Markets

You can trade all those assets with a leverage of up to 1:1000 – quite a rare opportunity, especially after the European Securities and Markets Authority caped the maximum leverage allowed with forex transactions on the European market to 1:30 in early August.

And although BullsEye offers 1:1000 leverage only with its Micro Account, while with its premium accounts the leverage is caped at 1:400 or 1:200, even leverage of up to 1:200 is more than enough to accommodate even the most aggressive trading style.

SPREADS AND COMMISSIONS

EURUSD spread floated about 1,1 pips and that, we should note, is in line with what most traders would expect with a standard account.

BullsEye says their spreads start form 1 pip with their Micro and Classic accounts and form zero pips with their ECN and Pro accounts. The two premium accounts, however, have a trading commission of 10 USD and 5 USD per lot respectively,

Have in mind that a commission of 10 USD per lot adds 1 pip to the actual spread, if the second currency in the pair is USD, where 1 standard lot equals 100 000 base currency units.

TRADING PLATFORM AVAILABLE

BullsEye Markets MT4 platform is perfectly implemented trading platform that enables traders to penetrate and explore the FX, Precious Metals, Indices, Commodities and Energies Markets. It provides flexible trading system, mobile trading, technical analysis. Although every trading requisite cannot be achieved through single platform but all in MT4 provides that is needed to start trading effectively.

DEPOSIT AND WITHDRAWAL

BullsEye Markets accepts payments with VISA and MasterCard, maestro, as well as some popular e-wallets like Neteller, Skrill and UnionPay. Apart from that they accept payments with wire transfer and even Bitcoins. The minimum deposit requirement ranges between 50 USD and 5000 USD depending on the account type.

CUSTOMER SERVICE

BullsEye offers an attractive customer support service. Their customer care can be Contacted by any of the below details:

Email: support@bullseyemarkets.com

Phone number: +442032907311

Their customer support can also be reach through Live Chat, which is available in their website.

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FX1371683220
more than one year
I know negative balance protection is a great thing and a lot of traders value it. But in reality not all companies are capable of providing it. For example, BullsEye claims to provide negative balance protection, but judging from its years of establishment, regulatory licenses and other information, I doubt whether this is just a means of attracting customers.
I know negative balance protection is a great thing and a lot of traders value it. But in reality not all companies are capable of providing it. For example, BullsEye claims to provide negative balance protection, but judging from its years of establishment, regulatory licenses and other information, I doubt whether this is just a means of attracting customers.
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2023-03-15 10:14
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FX1249053767
more than one year
I was very excited when I saw that you can open a micro account with BullsEye for only $50, but my friend warned me that this company does not have any reliable regulatory licenses, so it is not wise to open an account rashly.
I was very excited when I saw that you can open a micro account with BullsEye for only $50, but my friend warned me that this company does not have any reliable regulatory licenses, so it is not wise to open an account rashly.
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2023-02-20 18:53
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