Score
BullFx
https://thebullfx.com/
Website
Rating Index
Contact
Forex License
No forex trading license found. Please be aware of the risks.
- This broker lacks valid forex regulation. Please be aware of the risk!
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Verified Site
thebullfx.com
54.64.143.190Server LocationJapan
ICP Registration No.--Top Visitor Locations--Creation Date2016-12-27Website NameWHOIS.GODADDY.COMCompanyGODADDY.COM, LLC
Company Profile
Company Profile
Review summary
BullFX is a Forex broker that trades via MT4 and offers a variety of payment methods. However, the minimum deposit is $1000, which makes many traders hesitant.

Pros and Cons
| Pros | Cons |
| Various payment methods | High minimum deposit: $1000 |
| Popular trading platform MT4 | High spreads: from 1.6 pips |
| Multiple tradable assets | No regulation |
Is BullFx Legit?
Bull Prime Limited established the broker with business registration number 014720 and asserts that the broker is regulated in Vanuatu under the local Vanuatu Financial Services Commission (VFSC). However, the broker is not regulated by ESMA or the FSA and the VFSC has no information about it.


What Can I Trade on BullFx?
BullFx offers six tradable assets. Traders can enhance their returns through diversification.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ✔ |
| Options | ❌ |
Account Type
Standard, ECN, and Professional accounts, as well as demo accounts, are available from BullFx.
A standard account is the best choice for those who are just beginning to trade.
ECN accounts are used by traders who invest in the long term.
Professional trading accounts are intended for bold traders.
BullFx Fees
BullFx fees are higher than the industry average.
| Account Type | Minimum Deposit | Spread |
| Standard | $1,000 | From 1.8 pips |
| ECN | $5,000 | From 1.6 pips |
| Professional | $10,000 | From 1.6 pips |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4/5 | ✔ | Windows | Beginners |
Deposit and Withdrawal
BullFx requires a deposit fee and a withdrawal fee. The minimum deposit is $1,000.
Deposit Options
| Deposit Options | Min. Deposit | Processing Time |
| Bank Wire Transfer | $1,000 | 1-5 days |
| Credit/Debit Cards | $1,000 | 1-5 days |
| Moneybookers (Skrill) | $1,000 | 1-5 days |
Withdrawal Options
| Withdrawal Options | Min. Withdrawal | Processing Time |
| Bank Wire Transfer | $1,000 | 1-5 days |
| Credit/Debit Cards | $1,000 | 1-5 days |
| Moneybookers (Skrill) | $1,000 | 1-5 days |
Customer Service
| Contact Options | Details |
| Phone | (+60) 1-800-81-7242 |
| support@thebullfx.com | |
| Support Ticket System | ❌ |
| Online Chat | 7/24 |
| Social Media | Linkedin, Twitter, Facebook |
| Supported Language | English |
| Website Language | English |
| Physical Address | Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, St. Vincent, and the Grenadines |
The Bottom Line
BullFx offers various payment methods, making transactions easier and more efficient. However, traders must consider unregulated and high fees before choosing a broker. Therefore, this trader is more suitable for those bold traders.
FAQs
Is BullFx safe?
BullFX is a Forex broker without regulation, so it is not safe.
Is BullFx a good for beginners?
No, BullFx doesn't provide free educational resources that customers can't learn from.
Is BullFx good for day trading?
No, the minimum deposit is $1,000, which is higher than the industry average.
Company Profile
- 5-10 years
- Questionable Regulatory License
- Suspicious Operational Region
- High Potential Risk
Wiki Q&A
Is BullFx safe and reliable?
Based on WikiFX assessment, BullFx holds a core score of 1.59 out of 10, which is very low. The broker is not regulated by any authoritative financial regulator, meaning there is no external oversight to ensure client fund safety or fair trading practices. Given the absence of regulation and the low score, BullFx exhibits a high-risk profile and cannot be considered a safe or reliable broker.
Is BullFx regulated?
No, BullFx is not regulated. According to WikiFX data, the broker holds no valid forex trading licenses. Its regulatory status is listed as 'Not Regulated,' and the license index is zero. This means there is no credible oversight from any financial authority.
What is the minimum deposit of BullFx?
The minimum deposit for BullFx is not publicly disclosed. WikiFX data does not include account opening details, so traders should contact the broker directly for this information.
Does BullFx support MT4 or MT5?
BullFx does not publicly list support for MetaTrader 4 or MetaTrader 5. WikiFX data shows no information on trading platforms, so traders should verify available platforms with the broker before opening an account.

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