Bulltraders

Bulltraders – that Forex brokerwhich offers its clients a trading platform from Utip Technologies, favorable trading conditions, bonuses and quality analytics. The bulltraders.com website states that the company entered the market in 2009. However, it actually originated back in 2003 and initially offered users only analytics. But in 2015, as a result of rebranding, a new direction appeared: Bulltraders officially became a forex broker.

At the moment, private traders use bulltraders.com to trade financial instruments. This platform is gaining momentum and is increasingly attracting the attention of exchange players, both experienced and beginners. But does Bulltraders really offer a high level of service? Or is it just another scam? Let’s answer such worrying questions in our today’s review!

 

Terms of trading with Bulltraders

Bulltraders broker offers traders the following trading conditions:

• a wide range of financial instruments – currency pairs, commodities, indices, precious metals, stocks, CFD contracts, Cryptocurrencies;
• Min deposit of 10 dollars;
• leverage from 1:50 to 1:200;
• order execution – Market Execution;
• floating spreads from 0 pips;
• brokerage commissions from 0%;
• UTIP trading terminal;
• recommendations for opening trades for different periods;
• economic calendar;
• forecasts for popular trading assets.

At Bulltraders you can choose from 3 types of trading accounts:

• Real Micro – Min deposit $10, stop-out 20%, min lot 0.01, leverage 1:100/1:200 (on request from personal account).
• Real Standard – Min deposit $1000, stop-out 20%, min lot 0.1, leverage 1:100.
• Real Pro – Min deposit 2000 dollars, stop-out 30%, min lot 1, leverage 1:50, 1: 100, 1:200.

All types of accounts are characterized by floating spreads, 20 simultaneously opened deals and instant order execution. Choose the type of account based on your personal preferences and financial capabilities.

 

Bulltrader’s platform

Forex broker Bulltraders offers a unique trading software developed by Utip Technologies and provides it in 3 versions – browser, desktop and mobile:

• Bulltrader PC;
• Bulltrader Web;
• Bulltrader Mobile.

This trading terminal in all its variations has a unique interface, which differs from the usual functionality of MetaTrader. Its main advantage is the ability to trade all types of assets. You can also note such advantages of the BullTraders platform:

• intuitive and maximally simplified interface;
• software solutions for automatic trading;
• trading currency pairs and other instruments in one window;
• classic drawing tools;
• more than 50 indicators for the analysis;
• neutral design, which is convenient for the eyes even when trading for a long time.

But the trader can not extend the functionality, install indicators and advisors.

Broker quotes bulltraders.com

The broker BullTraders does not hide its supplier of exchange prices. The company fruitfully cooperates with FXStreet, which is the world’s leading portal dedicated to forex trading. FXStreet offers not only real-time quotes, but also news, analysis, reviews and opinions of analysts, online charts and much more.

 

Demo account

The broker provides speculators with a demo account, where everyone can try their hand at Forex trading. It’s a great way to learn the real financial market without your own investments. On demo account actual quotations flow is open and transactions are really made with virtual money. In this way everyone can learn how to make money in the Forex market, without any financial risks (Forex Trading Training).

 

Mobile application

Work on the site bulltraders.com You can do it not only from your PC or laptop. There is also a web terminal for trading without installing the program and an app for tablets/smartphones. With the mobile app for online trading, you stay up-to-date on the latest developments in the Forex market. You see quotes online, charts of financial instruments and make trades directly from your mobile device. The trading terminal is available for Android OS and iOS devices.

 

Bonuses at Bulltraders

The BullTraders bonus program allows you to push the boundaries of trading. And these opportunities directly depend on the size of the deposit – the higher the balance, the more advantages. You can trade in the Forex market and receive bonuses from the company, as well as cashback from each transaction and % on the balance of free funds. There are different conditions for each level. These programs are available for those traders who do not have bonuses connected yet. For the accounts on which the broker has already credited bonus funds once, the opportunities of these programs are not provided.

Affiliate Program

Forex broker BullTraders offers an interesting affiliate program called Bullpartners. To take part in the program, you need to register as a representative of the company and attract clients by advertising the services of bulltraders.com By distributing the link to the site. The more traders you attract to the Bulltraders site, the higher the status and consequently the remuneration will be. You can receive maximum $30 per trade lot of a referral.

The broker has a 5-line payout system and 4 agent statuses. After activating the Bullpartners program, a partner gets a “Bronze” level. After attracting 10 referrals to the site, the status will change to “Silver”, 50 referrals to “Gold” and 100 referrals to “Platinum”. If initially an agent receives only 10 cents for each full lot currency trade, this remuneration increases to $30 in the course of fruitful cooperation with BullTraders.

 

Deposit and withdrawal

You can replenish your deposit and withdraw your earnings from BullTraders account in one of the following ways:

• Credit Cards MasterCard and Visa;
• Bitcoin cryptocurrency wallet;
• payment system CAURI.

You can withdraw money only by the method that was used when depositing funds into the account. Money is credited to the account instantly, but with the withdrawal of funds everything is a little more complicated. Requests for withdrawal are processed within 5 working days.

 

Complaints about Bulltraders

The main part of traders working on the site bulltraders.comI am satisfied with my cooperation with the broker. They write that it is a very smart company: clients like the speed of the terminal and the technical support service. In addition, the broker’s activity is controlled by BT Technologies LTD. And on the Bulltraders platform you can trade a variety of assets – currency pairs, cryptocurrencies, indices, etc. However, it is not without negatives. There are customers who complain about the work of the broker. They write that the office leaked their personal data to third parties – after registering on bulltraders.com they began to receive a lot of calls offering micro-loans.

Customers believe that their phone numbers and other personal data have been sold to other brokers and microfinance institutions. Also, users of the site do not like the fact that a fee of 3% is charged for each transaction. The broker does not reimburse these costs because the money is withheld by the payment systems. Although there are brokerage companies on the market that take such costs. In addition, there are complaints online about delays in receiving funds.

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Broker regulator

Forex broker BullTraders operates under the control of BT Technologies LTD, a company registered in Saint Vincent and the Grenadines at The Jaycees Building, Stoney Ground, Kingstown, P.O. Box 362, VC 0100. The broker’s website shows license number 23345 IBC 2016. This indicates that Bulltraders has a document from the Registrar of International Business Companies registered with the Financial Services Authority of St. Vincent and the Grenadines.

Bulltraders.com User Agreement

The agreement specifies the rights and obligations of the parties, as well as the requirements for the users of bulltraders.com. The company does not provide its services to minors and stateless persons. The document specifies the cases in which the company can cancel the agreement when requesting the withdrawal of funds:

It is also stated here that by signing the agreement the client recognizes the risk of trading and understands that when trading currency pairs, CFD contracts and other financial assets there is a high probability of financial losses. In addition, the company is not responsible for the costs and losses incurred by the client in the process of trading on the Forex market:

 

Is Bulltraders a Scam?

Forex broker Bulltraders has been working on the market for more than a year, a lot of private traders use the company’s services. Service bulltraders.com is regulated by BT Technologies LTD, the organization does not hide its location and contacts, has a certificate from the registrar of international commercial companies. And this is a significant disadvantage. The website of bulltraders.com is presented in 4 languages only – English, French, Spanish and Chinese.

The trading platform has a simple and user-friendly interface, but the number of options is inferior to more popular terminals such as MT4. The UTIP development does not allow you to add your own tools for analysis. In the upper part of the screen, instead of service sections, there is a list of technical indicators. In addition, the interface is overloaded with thematic services, which complicates the work. In general, BullTraders can not be called a scam or fraud, the broker exists legally in their country – it is under the control of a real existing company. Bulltraders offers customers good trading conditions, interesting affiliate program and bonuses. The broker has its pluses and minuses, as well as any other company. To cooperate with it or not is everyone’s own business!

 

Conclusion

Bulltraders – is a forex broker, interesting for private traders with its trading conditions. Despite some shortcomings of the platform, speculators use the services of bulltraders.com and are quite satisfied with cooperation with this company. Commissions, withdrawal delays and other troubles are always solvable. That’s what the support service is for. And problems with failures and withdrawals are found in most brokers.