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TimBullman

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Operating status: SCAM

Website: https://www.timbullman.com/

Broker violations and abnormal records
  • 2023-08-16 The UK FCA issues a warning against TimBullman

    On August 17, 2023, the Financial Conduct Authority (FCA) issued a warning against TimBullman, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/timbullman

    On August 17, 2023, the Financial Conduct Authority (FCA) issued a warning against TimBullman, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/timbullman
  • 2023-08-20 BrokersView has reviewed that TimBullman is an unregulated platform

    TimBullman presents itself as a platform providing trading services in stocks, cryptocurrencies, and metals. Since it claims to have an address in the UK, it is required to obtain authorization from the Financial Conduct Authority (FCA) before soliciting investors. However, the warning by the FCA against TimBullman suggests that it is not authorized and thus its offerings are illegal.

    In essence, TimBullman 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. It is unequivocally a scam.

    TimBullman presents itself as a platform providing trading services in stocks, cryptocurrencies, and metals. Since it claims to have an address in the UK, it is required to obtain authorization from the Financial Conduct Authority (FCA) before soliciting investors. However, the warning by the FCA against TimBullman suggests that it is not authorized and thus its offerings are illegal.In essence, TimBullman 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. It is unequivocally a scam.

Related Complaints

Q&A

Does TimBullman have licenses?

Lisa D. Pinedo
India
2023-09-19
ANSWER No, TimBullman is not licensed to provide financial services or products in the forex market.Despite the attempt to mark itself as a platform providing trading services in stocks, cryptocurrencies, and metals in the UK, TimBullman lacks the license from the Financial Conduct Authority (FCA). Therefore, it is illegally soliciting investors in this jurisdiction and its fraudulent activities have drawn a warning from the FCA. The British financial watchdog cautioned the public of this unauthorized firm and advised to beware of the risks involved. You can refer to here for the full FCA warning.Therefore, BrokersView strongly suggests TimBullman steer clear of the unlicensed platform TimBullman. Entrusting it with funds and personal information is dangerous, as there are no rules in place to protect them from fraud and identity theft. To avoid such risks, it is advisable to choose a fully regulated broker instead.
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