Bulbrokers Guide – Read our In-Depth Bulbrokers Review
This Bulbrokers review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this Bulbrokers review does not apply to US users.
If you are a new entrant in the realm of trading and brokerage, so many facts will be confusing for you. Getting into the area of trading demands expert analyzing skills and thorough understanding. You'll get proficient at all of the concepts of brokerage since you keep trading. For starters, you have to choose the ideal agent who will be clear with you constantly.
In this fast-paced world of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment program will create hefty returns. Bulbrokers is one such platform that will take you and your investment into great heights. It is crucial to understand about Bulbrokers before you trust them with your money.
Our full Bulbrokers Review covers all you will need to learn about trading with Bulbrokers. A fantastic agent can multiply your first investments and provide you favorable profits. If you want to earn profits, you should trade with a broker service that aligns with your investment objectives.
There's absolutely no sure-fire way to ensure profits; therefore, you must carefully assess your agent before you choose them. It is a common misconception that all brokers will be the same, but that is not correct. Wrong judgment, in the beginning, can set your investments in danger.
Bulbrokers is a broker that has found its way successfully into the brokerage world. Within this review, we have attempted to collate a number of the important facets of Bulbrokers. This review will help you to know whether Bulbrokers is a fantastic match for your own investments or not. We have tried to breakdown all the features and charges for your convenience.
Bulbrokers Review, Table Of Contents
- Who are Bulbrokers?
- Benefits Of Trading With Bulbrokers
- Everything you should know about trading with Bulbrokers
- Is Bulbrokers Safe To Trade With?
- Pro's & Con's Of Trading With Bulbrokers?
- Compare Brokers Similar To Bulbrokers
- Regulation And Licencing In More Detail
- Bulbrokers Awards
- Minimum Deposit Required For A Live Account With Bulbrokers
- Bulbrokers Commission And Fees Explained
- Compare broker fees against Bulbrokers
- Bulbrokers Withdrawal Fees Explained
- Bulbrokers Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With Bulbrokers?
- Alternatives To Bulbrokers
- Frequently Asked Questions About Bulbrokers
Who are Bulbrokers?
Bulbrokers is a forex broker headquartered in Bulgaria and provides a range of tools for online trading. Since its start in 2000, Bulbrokers has emerged as a leading player in the industry of online brokerage. Bulbrokers includes a highly aggressive and full-featured trading site that is focused on forex, indices, metals, stocks , commodities.
Over the past 21 years, Bulbrokers has grown into one of the leading online brokers.
After establishing in 2000, their consumer base is becoming as large as 10,000+ clients.
Bulbrokers is a favorite for many traders.. Our Bulbrokers review found that they are an superb choice for automated trading solutions. It's most appropriate for investors who are searching for an assortment of assets. Social and automated trading solutions are the core at Bulbrokers.
Technology plays a substantial role in Bulbrokers. Bulbrokers features trading on MT4, Web Trader, Tablet & Mobile apps. Bulbrokers is fair, transparent, and a well-regulated agent by the Financial Services Authority (FSA). Their outstanding variety of tools will be beneficial for the majority of traders. Third-party partnerships also supply in-house research.
The educational department at Bulbrokers is very enlightening for new dealers since it allows them to get a closer look in the financial markets. Bulbrokers caters to all types of traders and are a must-have broker for any well-diversified approach to online trading.
If you feel that Bulbrokers is not right for you then at the bottom of this Bulbrokers review you wil find a lot of alternatives to Bulbrokers.
Everything you should know about trading using Bulbrokers
Bulbrokers is a dynamic platform that provides various procedures of trading. These instruments cover the monetary markets substantially. The Majority of the broker platforms provide fewer approaches than Bulbrokers
If you want to exchange with Bulbrokers, you'll require a minimum deposit of $100. This deposit is compulsory if you would like to begin trading with Bulbrokers. This 2021 Bulbrokers review will guide you safely about trading with them.
Bulbrokers is as flexible as another brokerage platform. Bulbrokers is ideal for traders that want a manageable selection of low-cost services. The platforms provided by Bulbrokers are third-party, white-label offerings. All traders may select out of MT4, Web Trader, Tablet & Mobile apps.
Along with everything, Bulbrokers has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a trade has to be kept available. The brokers provide premium client service which rewards customers with advantages.
Many unethical brokers attempt to pressurise consumers into bigger funding for superior services. Bulbrokers, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the consumer, the further advantages will come along.
Bulbrokers accounts are available around the world and provides quality service wherever they have customers. There are some select few countries where Bulbrokers accounts are not available. Traders in the following countries cannot open or use a Bulbrokers account:
Is Bulbrokers Safe To Trade With?
Established in 2006, Bulbrokers has been open for 21 years, they are headquarted in Bulgaria.
Bulbrokers is regulated by Financial Services Authority (FSA). These bodies have rules that mandate that trading platforms have ploicies in place to keep investor's assets secured. This means that Bulbrokers users don't need to worry about their money since it's segregated and safely stored in banks that are established. SSL encryption secures every user's private information as well.
You are able to make use of a choice for Two Factor Authentications (2FA) with Bulbrokers for increased safety. An SMS with the verification code will be sent to your phone. You will be required to enter this code to log in to your accounts.
Another concern with financial brokers is in regards to safety may be manipulation of trading. This is highly disadvantageous for users on those platforms. However, this is more prevalent in the example of Market Maker agents who compete with users on the stage.
Pro's & Con's Of Trading With Bulbrokers
Every online trading platform will have a few pros and cons Bulbrokers review would be complete without having a balanced approach. This Bulbrokers review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
- Bulbrokers is trusted by 10,000+ clients
- Bulbrokers doesn't charge withdrawal fees
- Bulbrokers doesn't charge inactivity fees
- Bulbrokers doesn't charge deposit fees
- Bulbrokers offer trading on MT4, Web Trader, Tablet & Mobile apps
- Bulbrokers offer 100 trading instruments
- Bulbrokers trades major forex pairs
- Bulbrokers can communicate in
- Bulbrokers does not offer Negative Balance Protection
- Bulbrokers does not offer Guaranteed Stop Loss
- Bulbrokers doesn't trade minor forex pairs
- Bulbrokers doesn't trade exotic forex pairs
- Bulbrokers doesn't offer trading on cryptocurrencies
- Bulbrokers charge CFD fees
Bulbrokers Review - Compare Brokers Similar To Bulbrokers
|Bulbrokers||Bridges Financial Services||AJ Bell||Xtrade|
|Regulated By||Financial Services Authority (FSA)||Unregulated||Central Bank of UAE||Cyprus Securities and Exchange Commission (CySEC)|
|Find Out More|
|Risk Warning||Losses can exceed deposits||Your capital is at risk||Your capital is at risk||Losses can exceed deposits|
Bulbrokers Review - Regulation And Licencing In More Detail
Bulbrokers is regulated by Financial Services Authority (FSA).
Bulbrokers, as a business, has a powerful set of rules for ensuring honest trading on its own platform. For information encryption purposes, it provides an industry-standard secure socket layer (SSL).
As per the organization's privacy regulations, client data is to not be shared with some other institutions or individuals. This includes credit history and other financial details.
Bulbrokers Review - Awards
- At the time of writing this Bulbrokers review, they had not received any awards.
Bulbrokers Review - Minimum Deposit Required
The minimum deposit that you must deposit to get started on Bulbrokers is $100. This is an adequate amount for people just beginning. You can make more advanced residue as you go along. But, make certain that you understand how to make the most of your cash before investing in larger sums.
Bulbrokers Review - Commission And Fees Explained
Bulbrokers is an online broker platform, and many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled better. That is, an online broker is not necessarily affected by the amount of clients they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 types of penalties for this purpose.
The first kind of fees to look out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you are billed trading fees. In such instances, you are paying a spread, financing speed, or even a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Funding or overnight rates are those that are billed when you hold a leveraged position for longer than daily.
Aside from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake on your accounts. They are billed for operations like depositing money, not trading for long periods, or withdrawals.
In general, Bulbrokers does not charge high fees in comparison to other online brokers. For operations other brokers charge for, they either do not charge a broker fee, or they charge a smaller sum. This can be beneficial for those who often exchange, such as weekly or daily trading.
But, non-trading fees charged by Bulbrokers are relatively greater. As a result, you're billed more for non-trading activities on your trading account, like withdrawal and deposits. These are not related to the sale and purchase of assets.
This Bulbrokers review breaks down each of the applicable non-trading fees for you in detail.
Compare broker fees against Bulbrokers
|Bulbrokers||Bridges Financial Services||AJ Bell||Xtrade|
Bulbrokers Review - Withdrawal Fees ExplainedBulbrokers doesn't charge withdrawal fees
Withdrawal of cash is possible at any moment from the Bulbrokers account. You can withdraw sums up to the amount of your account balance, keeping aside the margin used. One thing to keep in mind is that you don't necessarily have to have any money in your accounts.
In addition, the withdrawn money will be transferred directly to the accounts you use to create deposits. Therefore, in the event that you used a credit card for deposits, then the withdrawn money will be sent to the card. Bulbrokers will ask you to provide other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you are withdrawing cash in different currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the currency you are choosing to draw in.
Bulbrokers Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of those buzzing questions that run through your mind while open an account with Bulbrokers. An inactivity fee is an amount charged to registered traders that have not engaged in purchasing or selling for a while. The period regarded as inactive is decided by the agent.
The inactivity fee differs from 1 broker to another and isn't standardized. If a traders account does not have a buying or selling transaction, it is maintained by the broker as an inactivity charge. The traders need to pay this fee under conditions and terms they had agreed while registering.
Bulbrokers doesn't charge inactivity fees so you are free to use your account as needed
Even if no fees are implied by Bulbrokers, it's better for you to close the account if you're inactive. Inactivity fees are not just charged by brokerage firms but also many financial services.
For other trading platforms, the inactivity fee depends upon the type of account you have selected. The inactivity fee is subjected to a lot of conditions and should be revealed clearly by the agent beforehand.
Bulbrokers Review - Deposit Fees Explained
When you transfer money in your trading account by the bank account, a deposit fee can be charged by the broker. Most brokers don't charge too much money for this particular operation.
Bulbrokers doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money on the Bulbrokers trading platform is easy. You just need to finish a single-user profile survey to begin depositing money into your trading account. You'll have to provide an identity evidence and evidence of residency to deposit large amounts.
Bulbrokers Review - Compare Broker Deposit Methods
|Bulbrokers||Bridges Financial Services||AJ Bell||Xtrade|
What Can You trade With Bulbrokers?
Note: Bulbrokers offers a lot of different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered can differ depending on the country of residence of the client.
Bulbrokers has a wide variety of over 100 instruments available for you to trade with.
If trading currency pairs is of interest to you then Bulbrokers offer over 15 forex pairs.
Compare Bulbrokers, Bridges Financial Services, AJ Bell & Xtrade below.
Alternatives To Bulbrokers
If, after reading this Bulbrokers review, Bulbrokers doesn't fulfill your needs check out these Bulbrokers alternatives.
We have scoured the internet to find the best alternatives to Bulbrokers. Click on the links below to learn more.
Frequently Asked Questions about Bulbrokers
Can I try Bulbrokers before I buy?
Yes, you can most definitely try Bulbrokers before you buy. Bulbrokers offers demo accounts for the convenience of beginner traders. You can use this feature to build your faith in the system and yourself and your trading strategies.
If you register for a demonstration account on Bulbrokers, you will set out with a decent amount of virtual money. It is to establish a sense of safety and confidence in you until you decide to invest your own money.
With this virtual Bulbrokersdemo account, you can experiment in any way, to whatever length you wish. You can also start positions, examine different trading approaches, and more.
Bulbrokers specifies on its official website which you are able to exchange real time stocks with your demo account.
Is Bulbrokers safe?
You can drop all your worries because we believe that Bulbrokers is perfectly safe to use. It is in compliance with the rules of Financial Services Authority (FSA).
Even so, Bulbrokers does not provide assured stop-loss protection.
Why does Bulbrokers ask for my passport?
The reason that Bulbrokers asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Bulbrokers has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Bulbrokers must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Bulbrokers?
The process to start trading withBulbrokers is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Bulbrokers website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Bulbrokers is $100. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with Bulbrokers.
The best way to kickstart your trading career with Bulbrokers is to open a demo account facility before risking any real money
What funding methods do Bulbrokers accept?
There are multiple methods to finance your account with Bulbrokers. The process is effortless and quick, with various payment methods at your fingertips.
You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You must bear in mind that PayPal is not available in every country. The monies Bulbrokers
Is my money safe with Bulbrokers?
Yes, your money is safe and protected with Bulbrokers. As you know, Bulbrokers works with proper conformation to. It has established lots of measures to guard all of its investors.
Bulbrokers safeguards its clients' private and sensitive data under SSL encryption. Your funds will be retained highly secure in top-tier banks.
If you want to further protect your accounts, you can enable Two-Step Verification as well. It requires an SMS affirmation that you get your accounts.
Is Bulbrokers trading good?
Yes, trading via Bulbrokers is a pleasant and good experience indeed. It is an excellent and intuitive platform with useful features for your simplicity. Moreover, you could also gain access to a huge selection of educational tools and assistive material to kickstart your trading experience.
If you are still skeptical, it is possible to start a eToro demo account and assess the trustworthiness of the platform on your own.
Which Countries does Bulbrokers support?
Bulbrokers operates around the world. However, due to regulations there are some countries that Bulbrokers does not accept clients resident in
Is Bulbrokers legit?
Bulbrokers is a legit company headquarted in Bulgaria since 2000. They are regulated by Financial Services Authority (FSA). Bulbrokers is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Bulbrokers a good broker?
Bulbrokers is an excellent broker, and its users can vouch for it. The highlight of the platform is its quick order execution on transactions.
You will find the clean layout of this platform along with the admirable features a pleasure to work with.
Is Bulbrokers a trustworthy broker?
Yes, Bulbrokers is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for Bulbrokers?
The minimum deposit to open a live account with Bulbrokers is $100
How long do Bulbrokers withdrawals take?
Normally, withdrawal of money from Bulbrokers is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Bulbrokers to show in your bank account.
Are Bulbrokers regulated?
Bulbrokers are regulated by Financial Services Authority (FSA)
Is Bulbrokers a market leading broker?
Bulbrokers is indisputably among the business leaders. It supports over 10,000+ registered customers and over 21 years of expertise on its own record. They're one of the world's leading trading platforms and also a dominant figure in the Fintech revolution.
It majorly owes this status to its incredible platform and wide range of tools plus resources so you may put money into capital markets.
Is Bulbrokers a con?
No, Bulbrokers is not a con. They are regulated by Financial Services Authority (FSA) and must adhere to their rules. Thus, it is safe to say that Bulbrokers is not a scam.
Can you make money with Bulbrokers?
Through Bulbrokers, several traders make a lot of cash. But on average, through consistent trading, you can create between 2% - 10% profit a month.
This may seem like a little number, but over the year, this adds to a significant amount of gains. While Bulbrokers provide you all of the tools to earn money, they cannot guarantee that you will profit.
Does Bulbrokers have fees?
Yes. To begin trading with Bulbrokers, you have to deposit $100. Certain commissions while trading also applies. Any processing fees from your bank might need to be incurred by you.
When was Bulbrokers founded?
Bulbrokers was founded in 2000 in Bulgaria. Bulbrokers is regulated by Financial Services Authority (FSA).
How many people use Bulbrokers?
Bulbrokers is a worldwide recognised agent with 10,000+ customers.
Where is the Bulbrokers head office?
Bulbrokers has its head office in Bulgaria
Does Bulbrokers offer negative balance protection?
No. Bulbrokers does not offer negative balance protection. If your balance is unfavorable, Bulbrokers suggests that you promptly contact customer services. For this, you are able to fix any imbalances within your account.
Does Bulbrokers offer guaranteed stop loss?Bulbrokers unfortunately, doesn't offer guaranteed stop loss. Bulbrokers provides an opportunity to its dealers to close their trade in their given price. Aside from that, Bulbrokers doesn't offer guaranteed stop loss.
Does Bulbrokers allow scalping?Yes, Bulbrokers do allow scalping. Several traders across the world choose Bulbrokers for their scalping services. They offer trading on MT4, Web Trader, Tablet & Mobile apps which allow this.
Does Bulbrokers allow hedging?
Yes, Bulbrokers does allow hedging.
Can you trade energies with Bulbrokers?
No, unfortunately you cannot trade energy stock with Bulbrokers
Can you trade agricultural shares with Bulbrokers?
No, unfortunately you cannot trade agricultural stock with Bulbrokers
Can you trade cryptocurrency with Bulbrokers?
No, unfortunately you cannot trade cryptocurrency with Bulbrokers
Can you trade metals with Bulbrokers?
Yes, you can trade metals with Bulbrokers
Can you trade UK Shares with Bulbrokers?
Yes, you can trade UK shares with Bulbrokers
Can you trade US Shares with Bulbrokers?
Yes, you can trade US shares with Bulbrokers
Can you trade Japanese Shares with Bulbrokers?
Yes, you can trade Japanese shares with Bulbrokers
Can you trade German Shares with Bulbrokers?
Yes, you can trade German shares with Bulbrokers
Does Bulbrokers accept bank transfers?
No, Bulbrokers does not accept bank transfers.
Does Bulbrokers accept credit cards?
No, Bulbrokers does not accept credit cards.
Does Bulbrokers accept PayPal?
No, Bulbrokers does not accept PayPal.
Does Bulbrokers accept Skrill?
No, Bulbrokers does not accept Skrill.
Does Bulbrokers accept Payoneer?
No, Bulbrokers does not accept Payoneer.
Does Bulbrokers accept Neteller?
No, Bulbrokers does not accept Neteller.
Does Bulbrokers offer Live Chat customer support?
No, Bulbrokers does not offer customer support through live chat.
Does Bulbrokers offer phone customer support?
No, Bulbrokers does not offer customer support over the telephone.
Does Bulbrokers offer email customer support?
No, Bulbrokers does not offer customer support through email.
What languages can Bulbrokers communicate in?
Bulbrokers has the ability to communicate and support customers who speak:
Does Bulbrokers have a wikipedia page?
No, Bulbrokers does not have an official wikipedia page.
Does Bulbrokers offer demo accounts?
Yes, Bulbrokers offers demo accounts so you can learn their systems before risking any real money.