Score
Bullquote
United Kingdom|2-5 years| https://bullquote.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United Kingdom
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
bullquote.com
Server Location
United States
Website Domain Name
bullquote.com
Server IP
172.67.169.186
Company Summary
| Basic | Information |
| Registered Countries | United Kingdom |
| Regulation | No regulation |
| Minimum Deposit | N/A |
| Maximum Leverage | 1:400 |
| Minimum Spread | N/A |
| Trading Platform | CFD trading platform, ETF trading platform |
| Trading Assets | Commodities, Cryptocurrencies, Forex, Indices, Stocks |
| Payment Methods | VISA, Bitcoin, MasterCard, Wire Transfer, WebMoney, Skrill |
| Customer Support | Phone, Email, Contact Form |
General Information
Registered in United Kingdom, Bullquote is an online broker providing a series of trading instruments to its clients, covering Commodities, Cryptocurrencies, Forex, Indices, Stocks. With the Bullquote trading platform, four types of trading accounts can be chosen from, namely Basic, Silver, Gold, and Platinum accounts, with the minimum deposit of 250 euros.
Here is the screenshot of Bullquote official website:
Regulation
Bullquote does not tell the public who is behind it, and according to WikiFX, it is not authorized or regulated by any regulatory body, and it only get a very low score of 1.22/10 on the WikiFX website.
Market Instruments
Bullquote boasts that it provides the most traded mainstream financial instruments, which covers Commodities, Cryptocurrencies, Forex, Indices, Stocks.
Account Types
Four types of trading accounts are designed for both novice and experienced traders, namely Basic, Silver, Gold, and Platinum accounts. The account type is determined by the minimum deposit, with the Basic account from 250 euros, the Silver account from 5000 euros, the Gold account from 25, 000 euros and the Platinum account from 100,000 euros.
24/5 customer support are available for all accounts, but some account services including Daily Market Reviews, 1-on-1 Educational Course, Free Monthly Webinars, are exclusive for Gold and Platinum accounts only.
Leverage
When it comes to leverage, Bullquote enables its clients to use the maximum trading leverage up to1:400, which is greater than the levels regarded appropriate by any regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.
Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.
Trading Platform
When it comes to trading platforms available, Bullquote says that it is using CFD Trading platform and ETF trading platform.
Payment Methods
The minimum deposit to get started with Bullquote is 250 euros, and clients can get in touch with Bullquote through the following contact channels:
VISA, MasterCard
Bitcoin
Wire Transfer
WebMoney
Skrill
Customer Support
Clients with any questions can catch a glimpse of Bullquotes FAQ section to find their desirable answers, then they can contact this broker through the following contact channels:
Telephone: +441133284934, +61290698208
Email: support@bullquote.com
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
Pros & Cons
| Pros | Cons |
| Generous leverage up to 1:400 | No regulation |
| Dour accounts to choose from | No 7/24 customer support |
| Weak trading platform | |
| High minimum deposit for each account | |
| Poor customer support |
Frequently Asked Questions
What trading instruments can I trade with onBullquote？
Bullquote allows investors to trade Commodities, Forex, Indices, Stocks, Cryptocurrencies.
How long does it take for withdrawal to be completed？
Requests for withdrawals will usually be completed within 24 hours. Please ensure you have completed the verification process before you make a withdrawal request.
What is the maximum leverage available？
The maximum trading leverage that is available on the Bullquote platform is up to 1:400.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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