Resumo:Bullden is allegedly a forex and CFD broker registered in China that claims to provide its clients with various tradable financial instruments with leverage up to 1:100 and floating spreads on the web-based trading platform via six different live account types.
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 | Stocks, crypto, commodities, indices, forex, metals, and NFTs |
Account Type | Main, Bronze, Silver, Gold, Platinum and VIP |
Demo Account | N/A |
Maximum Leverage | 1:100 |
Spread (EUR/USD) | Floating around 0.5 pips |
Commission | No |
Trading Platform | web |
Minimum Deposit | 0 |
Deposit & Withdrawal Method | Bitcoin |
Bullden is allegedly a forex and CFD broker registered in China that claims to provide its clients with various tradable financial instruments with leverage up to 1:100 and floating spreads on the web-based trading platform via six different live account types. Here is the home page of this brokers official site:
As for regulation, it has been verified that Bullden 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 1.07/10. 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
Bullden advertises that it offers access to 200+ trading instruments grouped into 7 asset classes – Stocks, crypto, commodities, indices, forex, metals, and NFTs.
Account Types
Bullden claims to offer 6 types of trading accounts, namely Main, Bronze, Silver, Gold, Platinum and VIP. There is no minimum initial deposit requirement on the Main account, while the other account types have much higher minimum initial capital requirements of $2,500, $10,000, $25,000, $50,000 and $100,000 respectively.
Leverage
The leverage available at Bullden is 1:100 by default. 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.
Spreads & Commissions
The average EUR/USD spread is floating around 0.5 pips. All charging no commissions.
Trading Platform Available
Instead of the world's most advanced and popularly-used MT4 and MT5 platforms, Bullden gives traders a web-based trading platform. Anyway, you had better choose brokers who offer the leading MT4 and MT5, which are highly praised by traders and brokers alike due to their ease of use and great functionality, offering top-notch charting and flexible customization options. They are especially popular for their automated trading bots, a.k.a. Expert Advisors.
Deposit & Withdrawal
Bullden accepts deposits via Bitcoin only.
Bonuses and Fees
Bullden claims to offer some bonuses. For a bonus of $200, however, clients have to trade 50 lots ($5,000,000). In any case, you should be very cautious if you receive a bonus. Bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Note that brokers are prohibited from using bonuses and promotions by all leading regulators.
The broker also charges a dormant fee of $50 monthly.
Customer Support
Bullden‘s customer support can be reached by sending messages online to get in touch. Company address: 47 St John's Square, Clerkenwell, London. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most transparent brokers offer.
Pros & Cons
Pros | Cons |
• Multiple tradable assets and account types | • No regulation |
• Tight spreads | • Bitcoin deposits only |
• No minimum deposit |
Frequently Asked Questions (FAQs)
Q 1: | Is Bullden regulated? |
A 1: | No. It has been verified that Bullden currently has no valid regulation. |
Q 2: | At Bullden, are there any regional restrictions for traders? |
A 2: | Bullden does not offer services to residents of certain jurisdictions such as Afghanistan, Hong Kong, Japan, the United States of America and some other regions. |
Q 3: | Does Bullden offer the industry-standard MT4 & MT5? |
A 3: | No. Instead, Bullden offers a web-based trading platform. |
Q 4: | What is the minimum deposit for Bullden? |
A 4: | There is no minimum initial deposit requirement. |
Q 5: | Does Bullden charge a fee? |
A 5: | Like every forex broker, Bullden charges a spread fee. It also charges a dormant fee of $50 monthly. |
Q 6: | Is Bullden a good broker for beginners? |
A 6: | No. Bullden is not a good choice for beginners. Whether how well they advertise, never forget that they are unregulated, which means trading with them is dangerous. |