Extracto:Bull Capital Trading is allegedly a forex and CFD broker registered in the United Kingdom that claims to provide its clients with leverage up to 1:500 on a generic and unbranded version of MT5 platform.
Note: Bull Capital Tradings official site - https://bullcapitaltrading.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
Feature | Detail |
Regulation | No regulation |
Market Instrument | Forex, CFDs |
Account Type | N/A |
Demo Account | N/A |
Maximum Leverage | 1:500 |
Spread | N/A |
Commission | N/A |
Trading Platform | Fake MT5 |
Minimum Deposit | $1,000 |
Deposit & Withdrawal Method | N/A |
Bull Capital Trading is allegedly a forex and CFD broker registered in the United Kingdom that claims to provide its clients with leverage up to 1:500 on a generic and unbranded version of MT5 platform. Here is the home page of this brokers official site:
As for regulation, it has been verified that Bull Capital Trading currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.14/10. Please be aware of the risk.
Note: The screenshot date is January 12, 2023. WikiFX gives dynamic scores, which will update in real time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.
Market Instruments
Bull Capital Trading advertises that it is a forex and CFD broker that mainly offers forex pairs trading.
Leverage
The leverage provided by Bull Capital Trading is capped at 1:500. However, according to the regulations, British and Australian brokers have to limit their clients to 1:30, while US brokers cant provide more than 1:50. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform Available
Bull Capital Trading says to give traders the industry standard MetaTrader5, but in reality, the platform is just a generic and unbranded version of the MT5, taken directly from the website of the developers - Meta Quotes. The MT5 is highly praised by traders and brokers alike due to its ease of use and great functionality, offering top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.
Deposit & Withdrawal
The minimum initial deposit requirement with Bull Capital Trading is extremely high - $1,000. However, the broker says nothing about the deposit and withdrawal methods.
Customer Support
Bull Capital Tradings customer support can be reached by telephone: +44 02080586353, email: info@bullcapitaltrading.com. You can also follow this broker on social networks such as Twitter, Facebook, and Instagram. Company address: 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, UK.
Pros & Cons
Pros | Cons |
N/A | • No regulation |
• Website inaccessible | |
• Extremely high minimum deposit ($1,000) | |
• Fake MT5 platform |
Frequently Asked Questions (FAQs)
Q 1: | Is Bull Capital Trading regulated? |
A 1: | No. It has been verified that Bull Capital Trading currently has no valid regulation. |
Q 2: | Does Bull Capital Trading offer the industry-standard MT4 & MT5? |
A 2: | No. The MT5 platform that Bull Capital Trading claims to offer is just a generic and unbranded version, taken directly from the website of the developers - Meta Quotes. |
Q 3: | What is the minimum deposit for Bull Capital Trading? |
A 3: | The minimum initial deposit with Bull Capital Trading is $1,000. |
Q 4: | Is Bull Capital Trading a good broker for beginners? |
A 4: | No. Bull Capital Trading is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and extremely high initial deposit. |