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BullMarkets

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Operating status: SCAM

Website: https://bullmarketsllc.com/

Broker violations and abnormal records
  • 2024-02-21 The CySEC releases a warning about BullMarkets

    On February 22, 2024, the Cyprus Securities and Exchange Commission (CySEC) warned consumers about the services offered by the company BullMarkets, which is offering financial and investment services without the required authorization. https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=5d357967-8b7c-441f-9ed4-34a2ff2c12e2

    On February 22, 2024, the Cyprus Securities and Exchange Commission (CySEC) warned consumers about the services offered by the company BullMarkets, which is offering financial and investment services without the required authorization. https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=5d357967-8b7c-441f-9ed4-34a2ff2c12e2
  • 2024-02-29 BrokersView has reviewed that BullMarkets is an unregulated broker

    According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA).

    In addition, the Cyprus Securities and Exchange Commission (CySEC) warned consumers about the services offered by the company BullMarkets, which is offering financial and investment services without the required authorization.

    In essence, BullMarkets is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    BullMarkets appears to be a scam.

    According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA).In addition, the Cyprus Securities and Exchange Commission (CySEC) warned consumers about the services offered by the company BullMarkets, which is offering financial and investment services without the required authorization.In essence, BullMarkets is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.BullMarkets appears to be a scam.

Related Complaints

Q&A

What credit card can I use to withdraw on BullMarkets?

palani
Austria
2024-04-25
ANSWER We strongly advise against using BullMarkets, an unlicensed broker. Despite its claim of being based in the UK, there is no evidence to suggest that the company is registered with the Financial Conduct Authority (FCA). Furthermore, the Cyprus Securities and Exchange Commission (CySEC) has detected its unlicensed provision of financial services, leading to its inclusion in the CySEC's warning list.To minimize the risk of potential fraud and identity theft, investors are urged to avoid unlicensed brokers like BullMarkets. It is always recommended to opt for fully regulated brokers.
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Could you help me to verify the license of BullMarkets, please?

Ridhwan PAPA
Croatia
2024-03-06
ANSWER BullMarkets, a forex broker, operates without a valid license.Despite its assertions of being a licensed entity, BullMarkets fails to provide any concrete evidence to support these claims. This could potentially be due to the absence of the necessary licenses. The situation is further concerning by a warning issued by the Cyprus Securities and Exchange Commission (CySEC), stating that BullMarkets is not authorized by them to provide financial services.Given its unlicensed status, it is strongly recommended to avoid engaging with BullMarkets to prevent potential financial losses that could arise from fraudulent activities. To safeguard your interests, it is advisable to opt for brokers who are fully regulated.
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