Score
ASSETSBULL
United Kingdom|2-5 years| https://assetsbull.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+44 7360251999
Other ways of contact
Broker Information
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AssetsBull
ASSETSBULL
United Kingdom
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:1000 |
| Minimum Deposit | $10 |
| Minimum Spread | 1.8 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | $100 |
| Minimum Spread | 1.1 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | $1000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:200 |
| Minimum Deposit | $500 |
| Minimum Spread | 0.3 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | $3 |
- Fundamental Item(A)
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- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
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- Underlying Risk
Capital
$(USD)
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ASSETSBULL · Company Summary
General Information & Regulation
ASSETSBULL, a trading name of ASSETSBULL ICONIC LIMITED, is allegedly a forex and CFD broker registered in the United Kingdom since 2019 that claims to provide its clients with a wide range of tradable financial instruments with flexible leverage up to 1:1000 and variable spreads from 0.3 pips on the leading MetaTrader5 trading platform, as well as a choice of three different live account types and 24/5 customer support service. Here is the home page of this brokers official site:
As for regulation, ASSETSBULL says it is globally licensed and regulated, however, it has been verified that ASSETSBULL does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.49/10. Please be aware of the risk.
Market Instruments
ASSETSBULL advertises that it offers access to 213 trading instruments in financial markets, covering cryptocurrencies, stock indices, commodities and forex.
Account Types
Apart from demo accounts with $1,000 for practice, ASSETSBULL claims to offer three types of live trading accounts, namely Mini, Standard and Pro. The minimum initial deposit amount is only $10 for the Mini account, while the other two account types have much higher minimum initial capital requirements of $100 and $500 respectively.
Leverage
Traders holding different account types can enjoy different maximum leverage ratios. Clients on the demo account can experience leverage of 1:500, while the leverage on the Mini, Standard and Pro accounts is 1:1000, 1:500 and 1:200 separately. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spreads & Commissions
ASSETSBULL claims that different account types have quite different spreads and commissions. Specifically, the clients on the Mini account have spread from 1.8 pips with no commission, the Standard account holders have spread from 1.1 pips with no commission, while the Pro account members have spread from 0.3 pips with a $3 commission.
Trading Platform Available
Platforms available for trading at ASSETSBULL are MT5 for Mobile and MT5 for PC. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Deposit & Withdrawal
The minimum initial deposit requirement at ASSETSBULL is said to be only $10, while there is no mention of what the minimum withdrawal amount is. However, the broker says nothing about the acceptable deposit and withdrawal methods.
Bonuses
ASSETSBULL claims to offer a 10% bonus for the Standard account, yet we cannot be sure if the bonus can be withdrawn without any limitation. In any case, you should be very cautious if you receive a bonus. First of all, bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Remember that brokers who are regulated and legitimate do not offer bonuses to their clients.
Customer Support
ASSETSBULLs customer support can be reached by telephone: +447360251999 (MON-FRI 24*5), email: contact@assetsbull.com or send messages online to get in touch. You can also follow this broker on social media platforms such as Twitter, Facebook, Instagram and YouTube. Company address: 128 City Road, London, United Kingdom, EC1V 2NX; First Floor, First St. Vincent Bank Ltd Building, P. O Box 1574, James Street, Kingstown, St. Vincent & the Grenadines.
Risk Warning
Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
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