Bulbrokers Review 2020

Bulbrokers Rated 3/5
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Bulbrokers Guide

Bulbrokers are an online broker founded in 2000 offering Forex trading, CFDs trading, and Binary Options trading.

Bulbrokers are a global broker and have a head office in Bulgaria.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Bulbrokers we break down the pros and cons. What Bulbrokers are able to offer, what countries Bulbrokers are available in. Who Bulbrokers are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with Bulbrokers

  • Regulated by: Financial Services Authority (FSA)
  • Headquarters Country : Bulgaria
  • Foundation year 2000
  • Min Deposit : 100
  • Used by over 10,000 traders
  • Bulbrokers is not available in the following countries : US
Open Bulbrokers's Website

Losses can exceed deposits

At the bottom of this review you can also learn about some pretty good alternatives to Bulbrokers

With this review we hope to help you see if Bulbrokers is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Bulbrokers that will help you get off to a good start in the world of online trading.

Bulbrokers Review Table of Contents

Bulbrokers what you should know

Bulbrokers offer three ways to trade: Forex, CFDs, Binary Options.

With Bulbrokers you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with Bulbrokers platform.

Bulbrokers are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Bulbrokers safe?

When choosing a broker like Bulbrokers the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2000, and in operation for 20 years Bulbrokers have a head office in Bulgaria.

Bulbrokers is regulated. This means Bulbrokers are supervised by and is checked for conduct by the Financial Services Authority (FSA) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Bulbrokers, this will be honored. If Bulbrokers violate any regulatory rules their regulated status could be stripped.

Any payments funded to Bulbrokers accounts by traders are held in a segregated bank account.

For added security Bulbrokers use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Bulbrokers. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Bulbrokers

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Broker Bulbrokers XTB eToro Pepperstone
Year Established 2000 2002 2006 2010
Head Office Bulgaria Poland Cyprus, UK Australia
Regulation Financial Services Authority (FSA) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
Used By 10,000+ 250,000+ 10,000+ 10,000+
Negative balance protection Yes No Yes
Guaranteed Stop Loss Yes No No
Learn More Visit Bulbrokers Visit XTB Visit eToro Visit Pepperstone
Risk Warning Losses can exceed deposits Your capital is at risk 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Bulbrokers Pros and Cons

What we like about Bulbrokers

  • Used by over 10,000 traders
  • Established in 2000
  • Regulated by Financial Services Authority (FSA)
  • Min. deposit from $100

What we don't like about Bulbrokers

Bulbrokers Financial Regulation and Supervision in more detail

We have checked and Bulbrokers is regulated and supervised by reputable organisations. You are able to check every Bulbrokers supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Bulbrokers. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Bulbrokers traders and provide a safe trading environment.

Bulbrokers is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Bulbrokers you should be sure they're legitimate online agent.

Bulbrokers General Fees

  • Bulbrokers doesn't charge withdrawal fees
  • Bulbrokers doesn't charge inactivity fees
  • Bulbrokers doesn't charge deposit fees
Broker Bulbrokers XTB eToro Pepperstone
Min Deposit 100 0 200 200
Withdrawl Fees No varies Yes No
Inactivity Fees No No Yes Yes
Deposit Fees No No No No
CFD Commission Fees Yes Yes No Yes

Bulbrokers Commissions

  • Bulbrokers does charge commission on CFD instruments.

What can you trade with Bulbrokers?

You can trade a wide variety of instruments with Bulbrokers over 100 instruments infact.

If you are looking at trading currency pairs Bulbrokers offer over 15 currency pairs.

Compare Bulbrokers with XTB and eToro below.

Losses can exceed deposits

Broker Bulbrokers XTB eToro Pepperstone
Instruments Available 100 1,500 100 100
Platforms MT4, Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
FX / Currencies Visit Bulbrokers Visit XTB Visit eToro Visit Pepperstone
Forex pairs offered 15 50 50 70
Major forex pairs Yes Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs Visit Bulbrokers Visit XTB Visit eToro Visit Pepperstone
Commodities Offered 0 21 0 16
Metals Yes Yes Yes Yes
Energies No Yes Yes Yes
Agricultural No Yes Yes No
Indiced & Stock CFDs Visit Bulbrokers Visit XTB Visit eToro Visit Pepperstone
Stocks Offered 1696 957 60
UK Shares Yes Yes Yes No
US Shares Yes Yes Yes No
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes No

Trading on Bulbrokers web platforms and other applications

Bulbrokers offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

Bulbrokers also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See Bulbrokers's platforms

Bulbrokers Trading benefits :

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit

Bulbrokers Trading Accounts Offered :

  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • STP account

Can I try Bulbrokers before I buy?

Bulbrokers offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Bulbrokers withdrawl and funding methods.

Bulbrokers offer the below funding payment methods. learn more about Bulbrokers

  • Credit cards
  • Bank Transfer
  • PayPal
Broker Bulbrokers XTB eToro Pepperstone
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal Yes Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer Yes Yes Yes
Neteller No Yes Yes Yes

How can I start trading with Bulbrokers?

When opening a trading account with Bulbrokers, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Bulbrokers trading platforms here.

Performing trades with Bulbrokers

Bulbrokers allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As Bulbrokers offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Bulbrokers Leverage and Bulbrokers CFDs Explained

let's take a look at some of the basics of using Bulbrokers leverage.

Bulbrokers offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

Bulbrokers leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the Bulbrokers trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The Bulbrokers leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

Bulbrokers CFDs are typically used for short to medium term trades. For example Bulbrokers intraday trading.

Education resources at Bulbrokers

To trade effectively with Bulbrokers, it's important to get a have a good understanding of the Bulbrokers trading tools and the markets.

Bulbrokers offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Bulbrokers.

Take time to look around the Bulbrokers platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Bulbrokers

Bulbrokers support a wide range of languages including English, Russian, Spanish, Italian, FR

Bulbrokers have a triple AAA grade support rating because they offer a wide range of languages, live chat, email and phone support.

Bulbrokers customer service support multiple languages from all over the world. Having a broker that can hire people from various locations in the world who can better communicate with you in your local language is a huge advantage well trying to deal with issues.

Livechat Support at Bulbrokers

We tested the Bulbrokers live chat and it works well. We sent messages to Bulbrokers livechat through their app and website and recieved a response within 3 minutes.

We tested communicating with Bulbrokers support in multiple languages in multiple countries. Bulbrokers where able to quickly resolve our customer issues.

Email Support at Bulbrokers

We sent several emails to Bulbrokers and answer times overall were excellent. The fastest response from Bulbrokers was less than 2 minutes and the slowest response was 3 hours. Support response times may vary for you with Bulbrokers, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from Bulbrokers.

Phone Support at Bulbrokers

We called Bulbrokers and the call was answered very quickly. The call was answered in less than 1 minutes.

The Bulbrokers phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Bulbrokers team by calling in varying languages. Bulbrokers made an effort to make sure our queries were answered.

Overall great phone support from Bulbrokers.

See how Bulbrokers Support Compares Against Other Brokers

Broker Bulbrokers XTB eToro Pepperstone
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Russian, Spanish, Italian, FR English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, German, Spanish, French, and Italian English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Learn More Visit Bulbrokers Visit XTB Visit eToro Visit Pepperstone
Risk Warning Losses can exceed deposits Your capital is at risk 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

What you will need to open an account with Bulbrokers

As Bulbrokers is regulated by Financial Services Authority (FSA), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Bulbrokers's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Bulbrokers you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from http://bulbrokers.com/en/ on 12th August 2018.

Is Bulbrokers A Good Broker?

We spent over 3 months examining Bulbrokers in depth. Although we found some very useful aspects of the Bulbrokers platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Bulbrokers broker.

  • Bulbrokers have a good track record of offering Forex, CFDs, Binary Options.
  • Bulbrokers has a history of over 18 years.
  • Bulbrokers has a reasonable sized customer support of at least 10.
  • Bulbrokers are regulated by Financial Services Authority (FSA). This means Bulbrokers fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Bulbrokers have regulation from a Tier 1 reputable country.
  • Bulbrokers has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Bulbrokers have an international presence in multiple countries. This includes local Bulbrokers seminars and training.
  • Bulbrokers are able to hire people from various locations in the world who can better communicate in your local language.

Bulbrokers Risk Disclaimer

Losses can exceed deposits

Bulbrokers not quite right?

Check out these Bulbrokers Alternatives

We have spent years researching the best alternatives to Bulbrokers. Click the links below to learn more.

If you feel some of the above Bulbrokers are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Bulbrokers alternatives below.

Related Bulbrokers Comparisons

If you would like to see how Bulbrokers stands up against other brokers you can read some of our Bulbrokers comparisons below. We compare side by side some of our top rated Bulbrokers versus comparisons. Read some indepth Bulbrokers VS pages below.

BULBROKERS Frequently Asked Questions

Can I try Bulbrokers before I buy?

Bulbrokers offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do Bulbrokers accept?

Bulbrokers offer the following funding payment methods accept Credit cards, Bank Transfers, PayPal, Wire Transfer, among other payment methods.
Learn more here

Losses can exceed deposits

Is Bulbrokers safe?

Bulbrokers are considered safe as they are regulated by and checked for conduct by the Financial Services Authority (FSA). Any payments funded to Bulbrokers accounts by traders are held in a segregated bank account. For added security Bulbrokers use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is Bulbrokers trading good?

Bulbrokers is considered good and reputable to trade with. BulbrokersBulbrokers is used by over Bulbrokers active traders. Bulbrokers offers Forex trading, CFDs trading, and Binary Options trading. Minimum deposit with Bulbrokers is mindeposit.

Is Bulbrokers trading Legit?

Bulbrokers was founded in Bulgaria in 2000. Bulbrokers has been facilitating trade on the financial markets for over 20 years. Bulbrokers offers clients Forex trading, CFDs trading, and Binary Options trading. All funds deposited to Bulbrokers are held in segregated tier 1 bank accounts for security. Bulbrokers is regulated by Financial Services Authority (FSA) so can be considered legit.

Is Bulbrokers a good broker?

Bulbrokers is overseen by the top tier financial regulators Financial Services Authority (FSA) so can be considered a good broker.Bulbrokers allows Forex trading, CFDs trading, and Binary Options trading.

Is Bulbrokers trustworthy broker?

Bulbrokers can be considered trustworthy. All money funded to Bulbrokers is placed into a segregated tier 1 bank account. this means your money in not held by Bulbrokers directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Bulbrokers is regulated by Financial Services Authority (FSA).

What is the minimum deposit for Bulbrokers?

The minimum deposit to trade with Bulbrokers is 100.

How long do Bulbrokers withdrawals take?

Withdrawing money from Bulbrokers processing time varies but averages 2-5 days.

Is Bulbrokers regulated?

Bulbrokers is regulated by Financial Services Authority (FSA).

Is Bulbrokers a market maker?

Bulbrokers is a market maker. Stocks, currency and other commodities and instruments will be purchased by Bulbrokers even if no buyer is lined up.

How can I start trading with Bulbrokers?

When opening a trading account with Bulbrokers, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Bulbrokers trading platforms here.

Is my money safe with Bulbrokers?

Bulbrokers is regulated by Financial Services Authority (FSA). One of the most important criteria for traders when choosing a broker like Bulbrokers is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Bulbrokers, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Bulbrokers a con?

Bulbrokers is regulated and well established having been in business for over 20 years. Bulbrokers is definitely not a con.

Can you make money with Bulbrokers?

Although traders have had great success with Bulbrokers. Trading on the financial markets with Bulbrokers is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does Bulbrokers have fees?

Bulbrokers doesn't charge withdrawal fees. Bulbrokers doesn't charge inactivity fees. Bulbrokers doesn't charge deposit fees.

When was Bulbrokers founded?

Bulbrokers was founded in 2000.

How many people use Bulbrokers?

Bulbrokers is used by over 10000 registered traders.

What is Bulbrokers Headquarters country?

Bulbrokers has its head quarters office in Bulgaria.

Does Bulbrokers offer negative balance protection?

Bulbrokers does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Bulbrokers offer guaranteed stop loss?

Bulbrokers does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price.

Does Bulbrokers allow scalping?

Bulbrokers offers scalping.

Does Bulbrokers allow hedging?

Bulbrokers offers hedging.

Does Bulbrokers offer CFD trading?

Bulbrokers offers CFD trading.

Does Bulbrokers offer STP?

Bulbrokers offers STP trading.

How many people use Bulbrokers?

Bulbrokers is used by over 10000 traders.

Is Bulbrokers an ECN broker?

Bulbrokers offers ECN trading.

Does Bulbrokers offer a demo account?

Bulbrokers offers a demo account.

Does Bulbrokers offer an Islamic account?

Bulbrokers does not offer Islamic accounts.

What are the funding methods for Bulbrokers?

Bulbrokers accept the following funding methods : Credit cards, PayPal, Bank Transfer.

Bulbrokers review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Bulbrokers brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Bulbrokers review written by Mark Hansen of Comparebrokers.co